How many customers spent less than $20? I couldn't include a pic of a histogram.

Answers

Answer 1

Note that according to the histogram, the number of customer s that spent less than $20 are 14 in number.

What is the explanation for the above response?


To derive the above amount, you simple add the frequency of the bars which rank from 0-9 and 10-19, since the other bars are $20 and above.

Thus, we have:

8 + 6 = 14 Customers.

Thus, it is correct to state that  that according to the histogram, the number of customer s that spent less than $20 are 14 in number.

Recall that a  histogram is a graphical representation of the distribution of a dataset. It displays the frequency of occurrence of data values in different intervals or bins along the x-axis, with the height of each bar representing the frequency.

Learn more about histogram at:

https://brainly.com/question/30354484

#SPJ1

Full Question:

Although part of your question is missing, you might be referring to this full question:

The histogram shows the amount, to the nearest dollar, that customers spent at a museum gift shop. How many customers spent less than $20?
See the attached image.

How Many Customers Spent Less Than $20? I Couldn't Include A Pic Of A Histogram.

Related Questions

Can someone help me with this, please?

Learning Task 2: Try to solve the following problem. Use the block model

to help you. Write your answer in your notebook.


1) Ruben can paint square meters per hour. At the same rate, how

many square meters can he paint in an hour.


1

2 6


1

2 2


2) The lot has a length of meters and a width of meters. The

piece of lot per square unit is ₱ 850. 0. What is the total value of the lot?

Answers

Answer: Problems Involving FractionsIn solving word problems, first, identify what is asked. Then, look for the given facts. Establish the number sentence and the operation/s to be used. Make sure that the operation/s used will bring out the correct answer. Check the answer using the number sentence and see if it will satisfy the given condition.

Step-by-step explanation: Learning Task 2:Answers:16 1/4 square meters₱322,362.50Step-by-step explanation:Solutions:1. Given: 6 1/2 square meters - area which Ruben can paint in an hour

4.7. the time it takes a printer to print a job is an exponential random variable with the expectation of 12 seconds. you send a job to the printer at 10:00 am, and it appears to be third in line. what is the probability that your job will be ready before 10:01?

Answers

The probability of exponential random variables that your job will be ready before 10:01 is approximately 0.0693, or about 6.93%.

We can use the cumulative distribution function (CDF) of the exponential distribution to solve this problem. Let X be the random variable representing the time it takes to print a job. Then, X follows an exponential distribution with parameter λ = 1/12, since the expectation of X is 12 seconds.

The probability that your job will be ready before 10:01 is equal to the probability that the printer finishes the first two jobs in less than 1 minute since your job is third in line.

Let Y be the random variable representing the time it takes to print the first job. Then, Y also follows an exponential distribution with parameter λ = 1/12.

The probability that the first job is finished before 10:01 is given by:

P(Y < 60) = 1 - [tex]$e^{(-\lambda t)}$[/tex] = 1 - [tex]e^{(-(1/12)(60))}[/tex] = 0.3935

Similarly, the probability that the second job is finished before 10:01 is also 0.3935, since it is also an exponential random variable with the same parameter. Therefore, the probability that your job will be ready before 10:01 is:

P(X < 60) = P(Y < 60) × P(Y < 60) × P(X < 60) = 0.3935² × (1 - [tex]$e^{(-\lambda t)}$[/tex]) = 0.0693

Learn more about exponential random variables at

https://brainly.com/question/31438906

#SPJ4

Can someone help me asap? It’s due today

Answers

Answer:
Simulation

Explanation:

Convert the polar coordinates (6, -π/3) to Cartesian coordinates. Leave answers in fractional form. Use the "/" key as the fraction bar.

Answers

the Cartesian coordinates of the point represented by the polar coordinates (6, -π/3) are (3, -3√3).

What is a fraction?

A fraction represents a part of a number or any number of equal parts. There is a fraction, containing numerator and denominator.

To convert these polar coordinates to Cartesian coordinates (x, y), we use the following formulas:

x = r cos(θ)

y = r sin(θ)

Substituting the given values, we get:

x = 6 cos(-π/3) = 6 × (1/2) = 3

y = 6 sin(-π/3) = 6 × (-√3/2) = -3√3

Therefore, the Cartesian coordinates of the point represented by the polar coordinates (6, -π/3) are (3, -3√3).

To know more about fraction visit,

https://brainly.com/question/78672

#SPJ1

1. general junkfoods has collected data on the last 10,000 boxes of cereal they produced. a. what is the average weight of a box of their cereal? b. what is the standard deviation of the weight of their boxes of cereal? c. what are 1 sigma, 2 sigma and 3 sigma values for this data? d. draw a bell graph showing these sigma values (av 1sigma, av 2sigma, av 3sigma) and the usl and lsl.

Answers

For a general junk food has collected data on the last 10,000 boxes,

a) The average weight of a box of their cereal is "= Average ( A:10, A : 10010)."

b) The standard deviation of the weight of their boxes of cereal "= STD ( A:10, A : 10010)."

c)

We have a general junk food has collected data on the last 10,000 boxes of cereal they produced. We have no information about the data points related to 10000 boxes of cereal produced by general junkfoods. But we can use Excel function, Let the 10000 boxes values be lie in Excel sheet from row 10 to 10010.

a) the average weight of a box of their cereal is calculated by the following excel function, " = average ( range)"

that is ' = Average ( A:10, A : 10010)'

b) For standard deviations the weight of their boxes of cereal is calculated by the following excel function , "= STD ( A:10, A : 10010)."

For more information about average, visit :

https://brainly.com/question/31087305

#SPJ4

Complete question:

1. Using excel, answer the following questions. Write down the Excel formulas used at each step.1. General Junkfoods has collected data on the last 10,000 boxes of cereal they produced.a. What is the average weight of a box of their cereal

b. what is the standard deviation of the weight of their boxes of cereal? c. what are 1 sigma, 2 sigma and 3 sigma values for this data? d. draw a bell graph showing these sigma values (av 1sigma, av 2sigma, av 3sigma) and the usl and lsl.

about 4% of the population has a particular genetic mutation. 600 people are randomly selected.find the mean for the number of people with the genetic mutation in such groups of 600

Answers

The mean number of people with the genetic mutation in a randomly selected group of 600 people is 24.

Given that about 4% of the population has a particular genetic mutation, the probability that a randomly selected individual has the mutation is

P(mutation) = 0.04

The number of people with the mutation in a group of 600 individuals follows a binomial distribution, where the number of trials is 600 and the probability of success is 0.04.

The mean of a binomial distribution is given by the formula:

mean = n × p

where n is the number of trials and p is the probability of success.

Substituting the values, we get:

mean = 600 × 0.04

mean = 24

Learn more about mean here

brainly.com/question/30906851

#SPJ4

Use Euler's method with the given step size to estimate y(1. 4) where y(x) is the solution of the initial-value problem

y′=x−xy,y(1)=0

1. Estimate y(1. 4) with a step size h=0. 2ℎ=0. 2.

Answer: y(1. 4)≈

2. Estimate y(1. 4) with a step size h=0. 1ℎ=0. 1.

Answer: y(1. 4)≈

Answers

Euler's method with step size [tex]$h = 0.2$[/tex], we estimate [tex]$y(1.4) \approx 0.32$[/tex].

Euler's method with step size[tex]$h = 0.1$[/tex], we estimate [tex]$y(1.4) \approx 0.343$[/tex].

Euler's method to approximate the solution of the initial-value problem:

[tex]y \prime =x - xy,y(1)=0[/tex]

with step size [tex]$h = 0.2$[/tex]and [tex]$h =0.1[/tex]

Euler's method with step size [tex]$h = 0.2$[/tex], we have:

[tex]x_0 &= 1 \y_0 &= 0 \x_1 &= 1 + h = 1.2 \y_1 &= y_0 + hf(x_0, y_0) = 0 + 0.2(1-1\cdot 0) = 0.2 \x_2 &= 1.2 + h = 1.4 \y_2 &= y_1 + hf(x_1, y_1) = 0.2 + 0.2(1.2 - 1.2\cdot 0.2) = 0.32 \[/tex]

Euler's method with step size [tex]$h = 0.2$[/tex], we estimate.

[tex]$y(1.4) \approx 0.32$[/tex].

Euler's method with step size[tex]$h = 0.1$[/tex], we have:

[tex]x_0 &= 1[/tex]

[tex]y_0 &= 0[/tex]

[tex]x_1 &= 1 + h = 1.1[/tex]

[tex]y_1 &= y_0 + hf(x_0, y_0) = 0 + 0.1(1-1\cdot 0) = 0.1[/tex]

[tex]x_2 &= 1.1 + h = 1.2[/tex]

[tex]y_2 &= y_1 + hf(x_1, y_1) = 0.1 + 0.1(1.1 - 1.1\cdot 0.1) = 0.19[/tex]

[tex]x_3 &= 1.2 + h = 1.3[/tex]

[tex]y_3 &= y_2 + hf(x_2, y_2) = 0.19 + 0.1(1.2 - 1.2\cdot 0.19) = 0.266[/tex]

[tex]x_4 &= 1.3 + h = 1.4[/tex]

[tex]y_4 &= y_3 + hf(x_3, y_3) = 0.266 + 0.1(1.3 - 1.3\cdot 0.266) = 0.343 \\end {align}[/tex]

For similar questions on Euler's

https://brainly.com/question/23295776

#SPJ11

An island has 12 fur seal rookeries (breeding places). To estimate the fur seal pup population in Rookery A, 6269 fur seal pups were
tagged in early August. In late August, a sample of 1100 pups was observed, and 221 of these were found to have been previously
tagged. Use a proportion to estimate the total number of fur seal pups in Rookery A.
The estimated total number of fur seal pups in Rookery A is.
(Round to the nearest whole number.)

Answers

Answer: We can use a proportion to estimate the total number of fur seal pups in Rookery A. Let x be the total number of fur seal pups in Rookery A. Then we have:

6269/x = 221/1100

Cross-multiplying, we get:

221x = 6269 * 1100

Dividing both sides by 221, we get:

x = 6269 * 1100 / 221

Simplifying, we get:

x = 31,245.25

Rounding to the nearest whole number, we get:

x ≈ 31,245

Therefore, the estimated total number of fur seal pups in Rookery A is 31,245.

Step-by-step explanation:

Dos numeros enteros consecutivos en lenguaje algebraico

Answers

Two consecutive integers in algebraic language would be 7 and 8

How is this so?


Let's call the first integer "X" then the next consecutive integer would be "x+1".

so if the sum of the two integers is 15, we can write the following expression.

x + (x+1) = 15


Solving for x  we get  
2x + 1 = 15
2x =14
x = 7

Hence, the two consecutive integers in this case are 7 and 8.

Learn more about consecutive  integers:
https://brainly.com/question/1767889
#SPJ1

Translation:

Two consecutive integers in algebraic language

if I have an 84% which is a B but get a 65 which is a D whats my grade now?

Answers

Answer: C

Step-by-step explanation:

state the name of this figure..50 points​

Answers

Answer:

Parallelogram

Step-by-step explanation:

given that the opposite sides are parallel, then

the figure is a parallelogram

345.5 - 131.75 (explain how to get that answer)

Answers

Answer: 213.75

Step-by-step explanation:

Add a zero to the hundredths place of 345.5 making it 345.50, then subtract as you would normally.

Answer is 213.75 because you add a zero in the hundredths place for 345.5 and then you will get 213.75

I need this answer asap can someone help?

Answers

The volume of the solid is 4,503.22 in³.

What is volume?

A volume is simply defined as the amount of space occupied by any three-dimensional solid. These solids can be a cube, a cuboid, a cone, a cylinder, or a sphere. Different shapes have different volumes

The volume of a solid with a hollow cylinder can be calculated by subtracting the volume of the inner cylinder from the volume of the outer cylinder.

Assuming the dimensions in the figure are in inches, the outer cylinder has a height of 17 inches and a radius of 9 inches, so its volume is:

[tex]V_{outer} = \pi * r^2 * h[/tex]

= π × 9² × 17 ≈ 4,842.51 in³

The inner cylinder has a height of 12 inches and a radius of 3 inches, so its volume is:

[tex]V_{inner} = \pi * r^2 * h[/tex] = π × 3² × 12 ≈ 339.29 in³

To find the volume of the solid, we need to subtract the volume of the inner cylinder from the volume of the outer cylinder:

[tex]V_{solid }= V_{outer} - V_{inner}[/tex]

≈ 4,842.51 - 339.29 ≈ 4,503.22 in³

Hence, the volume of the solid is 4,503.22 in³.

To know more about volume visit :

https://brainly.com/question/463363

#SPJ1

Please help solve this will give brainlyist

Answers

Segment CP is tangent to circle C at point B.

How to prove that the line is tangent to a circle?

Draw circle C with center at point A and radius AD = CD = DE.

Draw point P outside the circle C.

Draw segment AP and extend it to intersect the circle at point B.

Draw segment BD.

Draw segment CP.

Note that triangle BCD is isosceles, since CD = BD. Therefore, angle BDC = angle CBD.

Since angle BDC is an inscribed angle that intercepts arc BC, and angle CBD is an angle that intercepts the same arc, then angle BDC = angle CBD = 1/2(arc BC).

Since CD = DE, then angle CED = angle CDE. Therefore, angle DCE = 1/2(arc BC).

Since angles BDC and DCE are equal, then angles BDC and CBD are also equal, and triangle BPC is isosceles. Therefore, segment BP = segment PC.

Since BP = PC, then segment CP is perpendicular to segment BD, by the Converse of the Perpendicular Bisector Theorem.

Therefore, segment CP is tangent to circle C at point B.

Hence, the proof is complete.

Learn more about Circle here:

https://brainly.com/question/29142813

#SPJ1

Choose the two data sets that have equal standard deviations.

Data set A: 40, 50, 60, 60, 70, 80
Data set B: 90, 95, 100, 105, 110
Data set C: 50, 55, 60, 65, 70
Data set D: 33, 54, 54, 60, 74

Find the two data sets that have the same standard deviation. Select all that apply.

Answers

Answer:

The two data sets that have equal standard deviations are:

Data set A: 40, 50, 60, 60, 70, 80

Data set C: 50, 55, 60, 65, 70

To see this, we can calculate the standard deviation for each data set using a formula or a calculator. Alternatively, we can observe that data sets A and C have similar ranges and distributions, which suggests that they may have similar standard deviations. In contrast, data sets B and D have different ranges and distributions, which suggests that their standard deviations may be different.

Honestly I’m confused myself because I thought it would be B,C because they both increase by 5

Consider w1 = 4 + 2i and w2 = –1 – 3i. Which graph represents the sum w1 + w2? On a coordinate plane, the y-axis is labeled imaginary and the x-axis is labeled real. A line goes from (0, 0) to point (3, negative 5). On a coordinate plane, the y-axis is labeled imaginary and the x-axis is labeled real. A line goes from (0, 0) to point (3, negative 1). On a coordinate plane, the y-axis is labeled imaginary and the x-axis is labeled real. A line goes from (0, 0) to point (5, 5). On a coordinate plane, the y-axis is labeled imaginary and the x-axis is labeled real. A line goes from (0, 0) to point (5, 1).

Answers

The graph that  represents the sum w1 + w2 is: b. A line goes from (0, 0) to point (3, negative 1). On a coordinate plane, the y-axis is labeled imaginary and the x-axis is labeled real.

What  graph represents the sum w1 + w2?

To find the sum of w1 and w2, we simply add their real and imaginary parts separately:

w1 + w2 = (4 + 2i) + (-1 - 3i) = 3 - i

So the real part of the sum is 3, and the imaginary part is -1. Therefore, the sum w1 + w2 corresponds to the point (3, -1) on the coordinate plane.

The graph that represents this point is option (b), where a line goes from (0, 0) to point (3, -1) on a coordinate plane with the y-axis labeled imaginary and the x-axis labeled real. The other options do not represent the correct point or are not lines passing through the origin.

Learn more about graph here:https://brainly.com/question/26865

#SPJ1

The minimum graph of the equation y = j(x) is (- 1, - 2) What is the minimum point on the graph of the equation y = f(x) + 7 ?

Answers

Answer:

We don't have enough information to answer this question because we don't know the relationship between the functions f(x) and j(x). The fact that the minimum graph of y = j(x) is (-1,-2) only tells us about the behavior of j(x), not f(x).

If we had more information about the relationship between the two functions, we might be able to use the fact that the minimum graph of y = j(x) is (-1,-2) to make some inferences about the minimum point on the graph of y = f(x) + 7. However, without additional information, we cannot provide a specific answer to this question.

Suppose you had a bag that contained 100 Skittles! How many red Skittles would it need to have in order for you to have the same ratio of that color?, Show your work and explain your reasoning​

Answers

Answer: Let's say we want to find out how many red Skittles we need to add to the bag to have the same ratio of red Skittles as in the original bag.

Suppose the original bag contains x red Skittles. Then, the ratio of red Skittles to the total number of Skittles in the bag is x/100.

Let's say we add y red Skittles to the bag, so the total number of red Skittles in the bag becomes x + y. The total number of Skittles in the bag becomes 100 + y, since we only added red Skittles.

For the ratio of red Skittles to be the same as in the original bag, we need:

(x + y) / (100 + y) = x / 100

Cross-multiplying, we get:

100(x + y) = x(100 + y)

Simplifying and rearranging, we get:

y = 100x / (100 - x)

So, we need to add 100x / (100 - x) red Skittles to the bag to have the same ratio of red Skittles as in the original bag. For example, if the original bag has 20 red Skittles, we need to add:

y = 100(20) / (100 - 20) = 25

So, we need to add 25 red Skittles to the bag to have the same ratio of red Skittles as in the original bag.

Step-by-step explanation:

a circle of radius r has area a = πr2. if a random circle has radius that is uniformly dis- tributed on [0, θ]: what are the mean and variance of the area of the circle?

Answers

The variance of the area of the circle is [tex]\pi^2\theta^{4/45}[/tex].

The mean area of the circle is [tex]\pi\theta^{2/3}.[/tex]

Let X be the radius of the circle, uniformly distributed on [0, θ].

The probability density function of X is given by:

[tex]f(x) = 1/\theta, for 0 \leq x \leq θ[/tex]

= 0, otherwise

Let Y be the area of the circle. Then[tex]Y = \pi X^2.[/tex] We want to find the mean and variance of Y.

Mean of Y:

By the law of the unconscious statistician, the mean of Y is given by:

[tex]E(Y) = E(\pi X^2) = \pi E(X^2)[/tex]

[tex]E(X^2)[/tex] using the formula for the variance of X:

[tex]Var(X) = E(X^2) - [E(X)]^2[/tex]

Since X is uniformly distributed on [0, θ], we have:

[tex]E(X) = (0 + \theta)/2 = \theta/2[/tex]

[tex]Var(X) = [(\theta - 0)^2]/12 = \theta^{2/12}[/tex]

Solving for [tex]E(X^2)[/tex], we get:

[tex]E(X^2) = Var(X) + [E(X)]^2 = \theta^2/12 + (\theta/2)^2 = \theta^{2/3}[/tex]

Substituting this into the expression for E(Y), we get:

[tex]E(Y) = \pi E(X^2) = \pi (\theta ^{2/3}) = \pi \theta^{2/3}[/tex]

Variance of Y:

To find the variance of Y, we can use the formula for the variance of a function of a random variable:

[tex]Var(Y) = E(Y^2) - [E(Y)]^2[/tex]

We can find[tex]E(Y^2)[/tex] using the law of the unconscious statistician:

[tex]E(Y^2) = E[(\pi X^2)^2] = \pi^2E(X^4)[/tex]

To find [tex]E(X^4)[/tex], we can use the formula for the fourth moment of a uniform distribution:

[tex]E(X^4) = (\theta^4 + 2\theta^2)/5[/tex]

Substituting this into the expression for[tex]E(Y^2)[/tex], we get:

[tex]E(Y^2) = \pi^2E(X^4) = \pi^2[(\theta^4 + 2\theta^2)/5] = \pi^2\theta^{4/5} + 2\pi^2\theta^{2/5}[/tex]

Substituting this and the expression for E(Y) into the formula for the variance of Y, we get:

[tex]Var(Y) = E(Y^2) - [E(Y)]^2[/tex]

[tex]= \pi^2\theta^{4/5} + 2\pi^2\theta^{2/5} - (\pi\theta^2/3)^2[/tex]

[tex]= \pi^2\theta^4/45[/tex]

For similar questions on circle

https://brainly.com/question/29614115

#SPJ11

The figure shows the dimensions of two city parks, where RST is congruent to XYZ and YX is congruent to XYZ. A city

employee wants to order new fences to surround both parks. What is the total length of the fences

required to surround the parks?

The total length of fences needed to surround the parks is ______

feet.

Answers

The total length of fences needed to surround the parks is 1500 feet. The length is calculated by adding up the lengths of all sides of both parks.

To find the total length of fences needed to surround the parks, we need to add up the lengths of all the sides of both parks.

For park RST, the total length of the fences needed is

RS + ST + RT = 230 + 350 + 230 = 810 ft

For park XYZ, since YX is congruent to XYZ, we can label YX as YZ for simplicity. The total length of the fences needed for park XYZ is

XY + YZ + XZ = YZ + YZ + 230 = 2YZ + 230

To find YZ, we can use the fact that park RST is congruent to park XYZ, so the corresponding sides are equal in length. This means YZ = RT = 230 ft.

Substituting this value, we get

2YZ + 230 = 2(230) + 230 = 690 ft

Therefore, the total length of fences needs to surround two parks with dimensions ARST XYZ and YX YZ is

810 + 690 = 1500 ft.

To know more about congruent triangle:

https://brainly.com/question/27895978

#SPJ4

--The given question is incomplete, the complete question is given

" The figure shows the dimensions of two city parks, where RST is congruent to XYZ and YX is congruent to XYZ. A city

employee wants to order new fences to surround both parks. What is the total length of the fences

required to surround the parks?

ST is 350 ft., XZ is 230 ft.

The total length of fences needed to surround the parks is ______

feet."--

what is the answer to the question

Answers

The least to the greatest of the amount of gas bought each day last week are Tuesday, Thursday, Friday, Wednesday and Monday.

How to find the gas purchased from least to greatest?

Chaz kept a record of how many gallons of gas he purchase everyday last week.

Therefore, the correct order of the least amount of gas purchased to the greatest amount of gas purchased can be represented as follows:

Therefore,

Tuesday = 3.7

Thursday = 3.73

Friday = 4.253

Wednesday = 4.256

Monday = 4.6

learn more on gallons here:https://brainly.com/question/2720609

#SPJ1

HLEP me please with math

Answers

For the given diagram, the square ABCD is transformed into square A'B'C'D' by the dilation using the scale factor of 5.

Explain about the scale factor:

On a map, scales are frequently present. The scale factor in geography usually applies to how accurately the scale depicted on the map reflects actual distance. Find the corresponding sides upon that two figures before obtaining the scale factor.

Then, divide the new figure's measurement by the old figure's measurement. Your scale factor, i.e., how many times bigger or less than your new image is in comparison to the old, is the consequence.

From the diagram:

coordinate of A = (1,1)

coordinate of A' = (5,5)

Thus, the coordinates of A is multiplied by 5 to get the coordinates of A'

Same applies with the coordinates of B, C and D.

Thus, for the given diagram, the square ABCD is transformed into square A'B'C'D' by the dilation using the scale factor of 5.

Know more about the scale factor:

https://brainly.com/question/25722260

#SPJ1

Can someone help me asap? It’s due tomorrow. I will give brainiest if it’s correct.

Answers

Answer: spinner: yellow, die: 1

Step-by-step explanation:

        We will look at the table given and select the answer option that correctly lines up with what we're looking for based on the given context, see attached.

        The spinner must be on yellow and the die must be on 1 or 4, this leads us to the 3rd answer option;

               spinner: yellow, die: 1

solve for x using soh cah toa I have tried figuring it out but it says its wrong

Answers

Answer:

13.416407865

Step-by-step explanation:

You wouldn't use soh cah toa

There is no angle given. Instead you should do 6²+12²=180

And then you would square root 180=13.416407865

Therefore the answer is 13.416407865

(Score for Question 3: of 12 points) 3. What is the surface area of this composite solid? Show your work.​

Answers

The surface area of this solid would be; 127.

To Find the surface area of the composite solid, we have;

Sides (a) area

4 * 3 = 12

12 * 2 = 24

Now Sides (b) area

7 * 3 = 21

21 * 3 = 63

Then Face (c) area

3 * 4 / 2 = 6

6 * 2 = 12

Base area

4 * 7 = 28

Total surface area

To calculate the total surface area we have to add the value of each face :

28 + 12 + 63 + 24 = 127

Thus, the surface area of this solid is 127.

Learn more about surface area in:

brainly.com/question/29298005

#SPJ1

An n-year loan involves payments of $800 at the end of each month. The interest rate is 12% convertible monthly. If the interest paid in the 45th monthly installment is $424.45, calculate the total amount of interest paid over the life of the loan.

Answers

The total amount of interest paid over the life of the loan is $1863.45.

The present value of the loan.

Since there are 12 months in a year, and the loan has n-years, there are 12n monthly payments.

Let's use the formula for the present value of an annuity due:

[tex]PV = PMT \times ((1 - (1 + r) ^(-n)) / r) \times (1 + r)[/tex]

PV is the present value of the loan, PMT is the monthly payment, r is the monthly interest rate, and n is the number of months.

Substituting the given values, we get:

[tex]PV = \$800 \times ((1 - (1 + 0.12/12) ^(-12n)) / (0.12/12)) \times (1 + 0.12/12)[/tex]

[tex]PV = \$800 \times ((1 - (1.01)^(-12n)) / 0.01) \times 1.01[/tex]

[tex]PV = \$800 \times ((1 - 1.01^(-12n)) / 0.01) \times 1.01[/tex]

[tex]PV = \$800 \times ((1 - 0.887^(-n)) / 0.01) \times 1.01[/tex]

The formula for the interest paid in any given month of an annuity due:

[tex]I = PV \times r \times (1 + r) ^(m - 1)[/tex]

I is the interest paid in the 45th month, PV is the present value of the loan, r is the monthly interest rate, and m is the month.

Substituting the given values for the 45th month, we get:

[tex]\$424.45 = PV \times 0.01 \times (1 + 0.01 )^(45 - 1)[/tex]

[tex]\$424.45 = PV \times 0.01 \times (1.01)^4^4[/tex]

[tex]PV = \$424.45 / (0.01 \times (1.01)^4^4)[/tex]

PV =[tex]\$75799.45[/tex]

Now that we know the present value of the loan, we can calculate the total amount of interest paid over the life of the loan.

Let's use the formula for the total interest paid in an annuity due:

[tex]Total interest = (PMT \times n \times (n + 1) / 2) - PV[/tex]

Substituting the given values, we get:

Total interest = [tex](\$800 \times 12n \times (12n + 1) / 2) - \$75799.45[/tex]

Total interest = [tex]\$9600n^2 + \$4800n - \$75799.45[/tex]

We can solve for n by using the fact that the interest paid in the 45th month is $424.45:

[tex]\$424.45 = \$800 \times (n \times 12 - 44) \times 0.01 \times (1 + 0.01)^(45 - 1)[/tex]

[tex]\$424.45 = \$800 \times (n \times 12 - 44) \times 0.01 \times (1.01)^4^4[/tex]

n = 4.5

Substituting n = 4.5 into the formula for total interest, we get:

Total interest =[tex]\$9600 \times (4.5)^2 + \$4800 \times 4.5 - \$75799.45[/tex]

Total interest = $1863.45

For similar questions on Interest

https://brainly.com/question/25845758

#SPJ11

Find the radius of convergence, R, of the series. [infinity]

n = 2
(x + 8)n
8n ln(n)

Answers

The radius of convergence is 4.

To find the radius of convergence, R, of the collection, we can use the ratio test:

[tex]lim_n→∞ |(a_(n+1)/[/tex][tex]a_n)|[/tex]

[tex]lim_n→∞ |(a_{(n+1})/[/tex]

[tex]= lim_n→∞ |(x+8) / 4| * |ln(n+1) / ln(n)|[/tex]

For the series to converge, this limit need to be less than 1. therefore, we've:

[tex]|(x+8) / 4| * lim_n→∞ |ln(n+1) / ln(n)| < 1[/tex]

For the reason that[tex]lim_n→∞ |ln(n+1) / ln(n)| = 1[/tex], we will simplify this to:

|(x+8) / 4| < 1

Taking the absolute cost under consideration, we have cases:

Case 1: (x+8)/4 < 1

In this case, we have x < -4.

Case 2: (x+8)/4 > -1

In this case, we have x > -12.

Consequently, the radius of convergence is the distance from the center of the collection (x = -8) to the closest endpoint of the c language (-12 on the left and -4 at the right):

R = min{8, 4} = 4

So, 4 is the radius of convergence.

Lean more about Ratio Test:-

https://brainly.com/question/29579790

#SPJ4

Serena paid $194. 99 for a game system and then bought two equally-priced games. She spent a total of $284. 97. Part A

If p represents the price of one game, which equation represents the situation?

Answers

The condition that speaks to the circumstance is 194.99 + 2p = 284.97 where p represents the price of one game.

Let's begin by setting up the condition based on the data given.

Serena paid $194.99 for the amusement framework and two diversions that took a toll at the same cost, let's call it "p".

The whole sum that went through Serena was $284.97.

So able to set up the condition as:

194.99 + 2p = 284.97

The left-hand side of the condition represents the whole sum that went through the amusement framework and two diversions. The right-hand side speaks to the whole sum went through by Serena.

therefore, the equation that speaks to the circumstance is:

194.99 + 2p = 284.97 .

learn more about equations

brainly.com/question/29657983

#SPJ4

Solve the system using linear combination. Show all work.

{3x+4y=21

{5x+4y=11

Answers

Therefore, the solution to the system of equation is (x, y) = (-5, 9).

What is equation?

An equation is a mathematical statement that shows that two expressions are equal. It consists of two sides, the left-hand side and the right-hand side, separated by an equals sign (=). An equation can contain variables, constants, and mathematical operations such as addition, subtraction, multiplication, and division.

Here,

To solve the system using linear combination, we want to eliminate one of the variables by adding the two equations together.

{3x + 4y = 21

{5x + 4y = 11

Notice that if we subtract the first equation from the second, we get:

(5x + 4y) - (3x + 4y) = 11 - 21

2x = -10

x = -5

Now we can substitute x = -5 into either of the original equations and solve for y:

3x + 4y = 21

3(-5) + 4y = 21

-15 + 4y = 21

4y = 36

y = 9

To know more about equation,

https://brainly.com/question/2228446

#SPJ1

Ant killer is a poison that is designed to attack an ant hill from the inside out. Ants take the bait inside and
feed it to the colony. The function A(t) = 45000 (. 271)* represents the population of an ant colony after
ant Kiler has been applied. A(t) represents the remaining population and t is time in days. After how many days will there be less than 250 ants remaining in the colony?

Answers

It will take approximately 29 days for the ant population to drop below 250.

What is natural logarithm means ?

The logarithmic function to the base e is called the natural logarithmic function and it is denoted by loge.

f(x) = loge x

To find out how many days it will take for the ant population to drop below 250, we need to solve for the value of t in the equation:

A(t) = [tex]45000*(0.271)^t[/tex]< 250

We can start by simplifying the equation:

[tex]45000*(0.271)^t[/tex]< 250

[tex](0.271)^t[/tex] < 250/45000

[tex](0.271)^t[/tex]< 0.00555556

Next, we can take the natural logarithm of both sides to isolate t:

ln[[tex](0.271)^t][/tex] < ln(0.00555556)

t*ln(0.271) < ln(0.00555556)

t > ln(0.00555556) / ln(0.271)

t > 28.32

Therefore, it will take approximately 29 days for the ant population to drop below 250.

Learn more about logarithmic function here

https://brainly.com/question/30284289

#SPJ1

Other Questions
the molar solubility of pbi 2 is 1.5 10 3 m. calculate the value of ksp for pbi 2 .4.5 x 10 -6 Can someone help me asap? Its due tomorrow. a nurse who provides care on a medical unit is reviewing the use of topical antifungal agents. the nurse should recognize what characteristic of these medications? Use the diagram, state the value of the given trigonometric ratio The presence of proteins such as albumin in a urine sample indicates kidney damage. Where in the kidney would the damage exist?A. Renal arteryB. CortexC. MedullaD. Pelvis(2018) loran's pretax accounting income in year 1 is $100,000. loran had bad debt expense for financial reporting purposes of $14,000 in year 1. in year 1, loran deducted $4,000 in bad debts. loran expects the temporary difference to reverse $3,000 in year 2 and $7,000 in year 3. the income tax rate is 40%. what is the amount in the deferred tax asset account at the end of year 2? or Rewrite the following equation in slope-intercept form. 8x + 3y = 17 Write your answer using integers, proper fractions, and improper fractions in simplest form. for a child, the sight of a needle (cs) is followed by an injection (us), which causes fear (ur). eventually the sight of the needle (cs) may produce a learned fear of the needle (cr). this illustrates question 19 options: a) observational learning. b) classical conditioning. c) operant conditioning. d) social learning. jack and christopher, both 16-years-old, are best friends. how are the boys likely to spend their time together? question 8 options: a) playing competitive games b) talking about girls and other kids at school c) avoiding large group activities d) sharing thoughts and feelings What central idea is developed mrs Higgins few lines in this scene? determine the limiting reactant when 1 mole of silver nitrate is reacted with 0.8 moles of sodium chloride. 1.-it was dark and rainy. wecoudent see the rode sine wale The buyer of stolen goods receives good title if he or she did not know the goods were stolen. True or False? Assuming the total population is 200 million, the civilian labor force is 150 million, and 135 million workers are employed, the unemployment rate is:A) 8%B) 10%C) 12%D) 14% how did the government encourage continued, positive economic growth in the years following wwii? a contract for car insurance is governed by: group of answer choices the restatement of torts all of the answers are correct the uniform commercial code common law "A British firm has borrowed $10.500 million from a American firm. The borrower will need to convert pounds to dollars to repay the loan when it is due. The British firm could hedge the exchange rate risk by a. both A and C would hedge the risk b. buying dollars forward c. borrowing dollars. d. selling dollars forward e. both Band C would hedge the risk in larger frogs the _______________ vein is the best choice for drawing a blood sample. eBook Problem Walk Through Holt Enterprises recently paid a dividend, Do, of $3.50. It expects to have nonconstant growth of 12% for 2 years followed by a constant rate of 6% thereafter . The firm's required return is 10% a. How far away is the horizon date? 1. The terminal, or horizon, date is Year since the value of a common stock is the present value of all future expected dividends at time zero II. The terminal, or horizon, dat is the date when the growth rate becomes nonconstant. This occurs at time zero. 111. The terminal, or hottron, date is the date when the growth rate becomes constant. This occurs at the beginning of Year 2 IV. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of your V. The terminal, or horizon, dat is Infinity since common stocks do not have a maturity date Select . What is the firm's horton, of continuino, value? Do not round Intermediate calculations. Round your answer to the nearest $ What is the he's intrinske volion today. Part round intermediate calculations. Round your wwwer to that comest cent Who was the content creator for the short video, "The VotePump?"Lester HoltBill WhittleBen ShapiroWolf Blitzer