Asked by Felicity
Could somebody please help me with a few Math questions?
1. Provide an appropriate response.
True or False? 100.567 is between 10 and 100.
2. Use an annual percentage rate table to solve the problem.
A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months with an APR of Determine the total finance charge and monthly payment for the loan.
A) Total finance charge = $3478.40; Monthly payment = $541.07
B) Total finance charge = $3232.00; Monthly payment = $645.33
C) Total finance charge = $1654.40; Monthly payment = $490.40
D) Total finance charge = $1523.20; Monthly payment = $486.76
3. Solve.
Determine the total payment over the term of a student loan of $53,568 at a fixed APR of 8% for 16 years.
A) $95,129.06
B) $95,206.95
C) $95,160.22
D) $95,106.79
4. Solve the problem. Round to the nearest cent.
Bob deposits $5000 at the end of each year in an ordinary annuity paying 12% interest compounded annually. Find the amount he will have on deposit after 8 years.
A) $61,498.47
B) $50,445.06
C) $56,498.47
D) $73,878.28
5. Solve the problem. Round to the nearest cent.
Sandra deposits $3000 in an ordinary annuity at the end of each semiannual period at 8% interest compounded semiannually. Find the amount she will have on deposit after 17 years.
A) $195,628.58
B) $206,573.73
C) $109,350.73
D) $209,573.73
6. Solve the problem. Round to the nearest cent.
Joan wants to have $250,000 when she retires in 27 years. How much should she invest annually in her annuity to do this if the interest is 7% compounded annually?
A) $1861.10
B) $3356.43
C) $2672.15
D) $937.86
7. Find the correlation coefficient for the given data.
The scores of 10 students on their midterm exam (x) and on their final (y) yielded the following data.
Σx = 638 Σx2 = 43,572
Σy = 690 Σy2 = 49,014
Σxy = 44,636
A) 0.214
B) 0.164
C) 0.547
D) 0.306
1. Provide an appropriate response.
True or False? 100.567 is between 10 and 100.
2. Use an annual percentage rate table to solve the problem.
A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months with an APR of Determine the total finance charge and monthly payment for the loan.
A) Total finance charge = $3478.40; Monthly payment = $541.07
B) Total finance charge = $3232.00; Monthly payment = $645.33
C) Total finance charge = $1654.40; Monthly payment = $490.40
D) Total finance charge = $1523.20; Monthly payment = $486.76
3. Solve.
Determine the total payment over the term of a student loan of $53,568 at a fixed APR of 8% for 16 years.
A) $95,129.06
B) $95,206.95
C) $95,160.22
D) $95,106.79
4. Solve the problem. Round to the nearest cent.
Bob deposits $5000 at the end of each year in an ordinary annuity paying 12% interest compounded annually. Find the amount he will have on deposit after 8 years.
A) $61,498.47
B) $50,445.06
C) $56,498.47
D) $73,878.28
5. Solve the problem. Round to the nearest cent.
Sandra deposits $3000 in an ordinary annuity at the end of each semiannual period at 8% interest compounded semiannually. Find the amount she will have on deposit after 17 years.
A) $195,628.58
B) $206,573.73
C) $109,350.73
D) $209,573.73
6. Solve the problem. Round to the nearest cent.
Joan wants to have $250,000 when she retires in 27 years. How much should she invest annually in her annuity to do this if the interest is 7% compounded annually?
A) $1861.10
B) $3356.43
C) $2672.15
D) $937.86
7. Find the correlation coefficient for the given data.
The scores of 10 students on their midterm exam (x) and on their final (y) yielded the following data.
Σx = 638 Σx2 = 43,572
Σy = 690 Σy2 = 49,014
Σxy = 44,636
A) 0.214
B) 0.164
C) 0.547
D) 0.306
Answers
Answered by
sew
aaaaaaa
Answered by
teacher
Go look at your textbook, it is not honest, or beneficial to you to just ask for the answers to your homework problems
Answered by
Anonymous
2. Use an annual percentage rate table to solve the problem.
A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months with an APR of Determine the total finance charge and monthly payment for the loan.
A) Total finance charge = $3478.40; Monthly payment = $541.07
B) Total finance charge = $3232.00; Monthly payment = $645.33
C) Total finance charge = $1654.40; Monthly payment = $490.40
D) Total finance charge = $1523.20; Monthly payment = $486.76
A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months with an APR of Determine the total finance charge and monthly payment for the loan.
A) Total finance charge = $3478.40; Monthly payment = $541.07
B) Total finance charge = $3232.00; Monthly payment = $645.33
C) Total finance charge = $1654.40; Monthly payment = $490.40
D) Total finance charge = $1523.20; Monthly payment = $486.76
Answered by
Nanette
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