Find the total amount due on the loan. Round to the nearest cent.Principal = $5000Rate = 5
%Time in months = 8
A. $5183.33
B. $5166.67
C. $5200.00
D. $2200.00
Answer: A
You might also like to view...
If you wish to gain a better understanding of a complex problem, you might use the __________________ problem solving strategy.
Fill in the blank(s) with the appropriate word(s).
Solve the problem.The paired data below consist of the test scores of 6 randomly selected students and the number of hours they studied for the test. By using linear regression, the following function is obtained: where x is number of hours studied and y is score on the test. Use this function to predict the score on the test of a student who studies 11 hours. Round to the nearest tenth.
A. 83.8 B. 84.1 C. 74.1 D. 79.1
Solve the problem.The value of certain make and model of used car can depend on several factors. The table gives data for the values of three Chevy Caprice station wagons.The value V is measured in dollars, where A is the age of the car in years, and C is the condition of the car rated on a scale of 1 to 10 ( 10 is excellent condition ) .The variables are found to be related by the equation
Use the information given in the table to write a matrix equation which when solved will yield the values of a, b, and c. Using the fact that the inverse of the matrix
src="https://sciemce.com/media/4/ppg__dsd0520191959__f1q142g3.jpg" style="vertical-align: -23.0px;" /> is , solve for a, b, and c. Then find the value of a car that is 11 years old and is rated to be in condition 7.
A. $3020
B. $2975
C. $3200
D. $3000
Solve the problem.The value of a particular investment follows a pattern of exponential growth. In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential growth model A = 6,800e0.061t. How much did you initially invest in the account?
A. $7,227.71 B. $3,400.00 C. $414.80 D. $6,800.00