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JD

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A loan of $10,000 is to be repaid by three payments of $2,500 due in two, four, and six months, and a fourth payment due in eight months. What should be the size of the fourth payment if an interest rate of 11% is charged on the loan? Use today as the focal date.

On Jul 19, 2024


$2,966.44
JD

Answered

Talking about the direction of specific differences in ANOVA makes no sense because it is a(n) ______ test.

A) monobus
B) multibus
C) omnibus
D) octobus

On Jul 17, 2024


C
JD

Answered

If $100,000 will purchase a 20-year annuity paying $830 at the end of each month, what monthly compounded nominal rate and effective rate of interest will the invested funds in the annuity earn?

On Jun 19, 2024


7.90% cm and effective rate = 8.19%
JD

Answered

A random sample of 31 sales charge showed a sample standard deviation of $50.A 90% confidence interval estimate of the population standard deviation is

A) 1715.101 to 4055.589.
B) 1596.458 to 4466.679.
C) 39.956 to 66.833.
D) 41.393 to 63.684.

On Jun 17, 2024


D
JD

Answered

David is a salesman for a local Ford dealership.He is paid a percent of the profit the dealership makes on each car.If the profit is under $800,the commission is 25%.If the profit is at least $800 and less than $1,000,the commission rate is 27.5% of the profit.If the profit is $1,000 or more,the rate is 30% of the profit.Find the difference between the commission paid if David sells a car for a $1,000 profit and the commission paid if he sells a car for a $799 profit?

On May 19, 2024


$100.25 $100.25
JD

Answered

Combine and simplify. 6yx2+xy−6xxy+y2\frac { 6 y } { x ^ { 2 } + x y } - \frac { 6 x } { x y + y ^ { 2 } }x2+xy6yxy+y26x

A) 6(x+y) x−y,x≠y\frac { 6 ( x + y ) } { x - y } , x \neq yxy6(x+y) ,x=y
B) 6(y−x) xy,x≠−y\frac { 6 ( y - x ) } { x y } , x \neq - yxy6(yx) ,x=y
C) 6(x−y) x+y,x≠−y\frac { 6 ( x - y ) } { x + y } , x \neq - yx+y6(xy) ,x=y
D) 6(x−y) xy,x≠y\frac { 6 ( x - y ) } { x y } , x \neq yxy6(xy) ,x=y
E) 6(x+y) xy(x−y) ,x≠−y\frac { 6 ( x + y ) } { x y ( x - y ) } , x \neq - yxy(xy) 6(x+y) ,x=y

On May 18, 2024


B