2 Points
Kendra took out a loan for $750 at an 8.4% APR, compounded monthly, to buy
a stereo. If she will make monthly payments of $46.50 to pay off the loan,
which of these groups of values plugged into the TVM Solver of a graphing
calculator could be used to calculate the number of payments she will have
to make?
O
O
A. N=;1% = 0.7; PV=-750; PMT=46.5; FV=0; P/Y=12; C/Y=12;
PMT:END
B. N=;1% = 0.7; PV=-750; PMT=46.5; FV=0; P/Y=1; C/Y=12;
PMT:END
C. N=;1% = 8.4; PV=-750; PMT=46.5; FV=0; P/Y=1; C/Y=12;
PMT:END
D. N=;1% = 8.4; PV=-750; PMT=46.5; FV=0; P/Y=12; C/Y=12;

Answers

Answer 1
Final answer:

To calculate the number of payments for Kendra's loan using a TVM Solver, the correct setup includes an APR of 8.4% converted to a monthly rate of 0.7%, with matching payment and compounding frequencies, making Option A the accurate choice.

Explanation:

When Kendra takes out a loan to buy a stereo, calculating the number of payments she will have to make involves understanding the terms used in Time Value of Money (TVM) calculations. The correct set of values must account for the annual percentage rate (APR) being compounded monthly, which requires converting the APR to a monthly rate, and ensuring the payment and compounding periods match.

For Kendra's loan:

APR is 8.4%, implying a monthly interest rate (I%) of 0.7% (8.4% divided by 12).The present value (PV) of the loan is -$750, indicating an outflow of cash.Her monthly payment (PMT) is $46.50, aimed at reducing the loan balance.The future value (FV) she aims for is $0, meaning she intends to fully repay the loan.P/Y (Payments per year) and C/Y (Compounding periods per year) both should match the monthly nature of the loan, hence should be 12.

Given these conditions, the only option that correctly configures all elements for a TVM Solver is Option A:

N=; I% = 0.7; PV=-750; PMT=46.5; FV=0; P/Y=12; C/Y=12; PMT:END

This configuration accurately reflects the loan's terms, allowing the calculation of the number of payments (N) Kendra will need to make.

Answer 2

The correct answer is: D. N=; 1% =8.4; PV=-750; PMT=46.5; FV=0; P/Y=12; C/Y=12; PMT:END. Option A uses annual percentage rate (APR), while option D uses the periodic interest rate (monthly rate). Given that the interest rate is compounded monthly, it's more appropriate to use the periodic interest rate (option D).

To calculate the number of payments Kendra will have to make to pay off the loan, we can use the Time Value of Money (TVM) Solver feature of a graphing calculator. We need to set up the values correctly to solve for the number of payments (N).

Let's go through the options:

A. N=; 1% =8.4; PV=-750; PMT=46.5; FV=0; P/Y=1; C/Y=12; PMT:END

B. N=; I% =0.7; PV=-750; PMT=46.5; FV=0; P/Y=12; C/Y=12; PMT:END

C. N=; 1% =0.7; PV=-750; PMT=46.5; FV=0; P/Y=1; C/Y=12; PMT:END

D. N=; 1% =8.4; PV=-750; PMT=46.5; FV=0; P/Y=12; C/Y=12; PMT:END

Let's analyze each option:

A. This option has the correct annual interest rate (8.4%), correct present value (loan amount), correct payment amount, and correct compounding periods per year. Hence, it's a potential correct option.

B. This option has the interest rate incorrectly set as 0.7%. It should be 8.4%, not 0.7%. Hence, it's incorrect.

C. Similar to option B, this option has the interest rate incorrectly set as 0.7%. Hence, it's incorrect.

D. This option has the correct interest rate (8.4%), correct present value, correct payment amount, and correct compounding periods per year. Hence, it's a potential correct option.

So, options A and D are potential correct options. Both have the correct interest rate and payment amount. The difference lies in how the interest rate is represented: option A uses annual percentage rate (APR), while option D uses the periodic interest rate (monthly rate).

Given that the interest rate is compounded monthly, it's more appropriate to use the periodic interest rate (option D). Therefore, option D is the most suitable choice.

Complete Question:

Kendra took out a loan for $750 at an 8.4% APR, compounded monthly, to buy a stereo. If she will make monthly payments of $46.50 to pay off the loan, which of these groups of values plugged into the TVM Solver of a graphing to make?

A. N=; 1% =8.4; PV=-750; PMT=46.5; FV=0; P/Y=1; C/Y=12; PMT:END

B. N=; I% =0.7; PV=-750; PMT=46.5; FV=0; P/Y=12; C/Y=12; PMT:END

C. N=; 1% =0.7; PV=-750; PMT=46.5; FV=0; P/Y=1; C/Y=12; PMT:END

D. N=; 1% =8.4; PV=-750; PMT=46.5; FV=0; P/Y=12; C/Y=12; PMT:END


Related Questions

which is the product of 7/9 and 6?

Answers

Answer:

14/3

Step-by-step explanation:

7       x           6

9                    1

7x6=42

9X1=9

42/9     or 14/3

Final answer:

The product of 7/9 and 6 is 14/3.

Explanation:

To find the product of 7/9 and 6, multiply the numerator (7) by the number (6) and keep the denominator (9) the same.

The calculation is as follows:

(7/9) * 6

= (7 * 6)/9

= 42/9

To simplify the fraction, divide both the numerator and the denominator by their greatest common factor, which is 3.

The simplified answer is: 14/3

Explain why dividing by a fraction results in the same answer as multiplying by its reciprocal.

Answers

Answer:

lets consider an example like

20 divided by 2/4 so we can rewrite as

2/4*  x      =20

so , 2*   x     =20*4

2*     x      =80

x=80/2

x=40

similarly,we can write the fraction as (20*4/2)-we can see that reciprocal of the fraction 2/4 is 4/2

x=20*4/2=80/2=40

so, we can say that dividing by a fraction results in the same answer as multiplying by its reciprocal.


I need accurate answer please this is my last attempt

Answers

Step-by-step explanation:

In order to rationalise the denominator, numerator and denominator must be multiplied by [tex] \sqrt[3]{9x^{10}}[/tex]

A 10 metre length of Wood is marked out into 10 equal lengths. How many metres from one end is the third mark?

Answers

3 metres from one end to the third mark

Solution:

Total length of wood = 10 metre

Wood is marked into 10 equal length.

[tex]$\text{Length of each marking}=\frac{\text{Total length}}{\text{Number of marking}}[/tex]

                                     [tex]$=\frac{10}{10}[/tex]

                                     = 1 metre

Length of each marking = 1 metre

Number of metres from one end to third mark = 1 + 1 + 1 = 3 metre

The image of the marking is attached below.

Hence 3 metres from one end to the third mark.

Han is planning to ride his bike 24 miles.
a. If he rides at a rate of 3 miles per hour, how long will it take?
At 4 miles per hour?
At 6 miles per hour?
b. Write an equation that Han can use to find t, the time it will take to ride 24 miles, if his rate in miles
per hour is represented by r.
c. On graph paper, draw a graph that shows t in terms of r for a 24-mile ride.

Answers

Answer:

Please read the answers below.

Step-by-step explanation:

a. If he rides at a rate of 3 miles per hour, how long will it take?

Time = Distance/Rate

Time = 24/3 = 8 hours

At 4 miles per hour?

Time = 24/4 = 6 hours

At 6 miles per hour?

Time = 24/6 = 4 hours

b. Write an equation that Han can use to find t, the time it will take to ride 24 miles, if his rate in miles  per hour is represented by r.

The equation is the same we used in the part a of the problem:

t = 24/r

c. On graph paper, draw a graph that shows t in terms of r for a 24-mile ride.

The graph is attached.

Solve the proportional equation below:
10/2=a/a-9

a. 11.25
b. 7
c. 2
d. 1.125

Answers

Final answer:

To solve the given proportional equation, it simplifies to 5 = a/(a-9), leading to 4a = 45 after simplification and solving, with the solution being a = 11.25.

Explanation:

To solve the proportional equation 10/2 = a/(a-9), we first simplify and then solve for a. The equation simplifies to 5 = a/(a-9). By cross-multiplication, we get 5(a - 9) = a, which simplifies to 5a - 45 = a. Bringing all terms to one side gives 4a = 45, and dividing both sides by 4 gives a = 11.25. Therefore, the correct answer is a. 11.25.

You have decided to purchase a new Toyota 4Runner for $25,635. You have promised your daughter that the SUV will be hers when the car is worth $10,000. According to your car dealer, the SUV will depreciate in value approximately $3000 per year.
a) Write a linear equation in which y represents the total value of the car and x represents the age of the car,

Answers

The linear equation representing the value of the car as it depreciates over time is y = -3,000x + 25,635, where y is the value of the car and x is the age of the car in years.

To write a linear equation that describes the depreciation of the SUV over time, we define two variables: y represents the total value of the car at any time x, where x represents the age of the car in years.

The car is purchased for $25,635 and depreciates at a rate of $3,000 per year, which means that the value of the car decreases by a constant amount each year. We can write this situation as a linear function:

Linear Depreciation Equation:

y = -3,000x + 25,635

Here, the y-intercept is $25,635 (the value of the car at the time of purchase when x is zero), and the slope is -$3,000 (the rate at which the value of the car decreases per year).

What is -1/4(×+2)+5=-×

Answers

First distribute the -1/4 to the variables in the parentheses. Your new equation is -1/4x - 1/2 +5= -x. Next combine like terms to get -1/4x +4 1/2=-x. Then add -1/4x to both sides to get 4 1/2 = -3/4x. Next multiply both sides by -4/3 to cancel out the -3/4 next to the x. Your solution is x=-6.

300% of what number is 51

Answers

Answer:

17

Step-by-step explanation:

Let the number be x.

We know that 3x=51

If we divide both sides by three, we get x=17

17

act like there is a variable in there and youll get 17

On the calculator, click on the graph of y = 3x and trace to view the coordinates. When the x-coordinate is 4, what is the y-coordinate?

Answers

the y-coordinate corresponding to x=4 is 12.

the equation y=3x represents a linear function. A linear function is a type of mathematical relationship where the graph of the function forms a straight line.

The equation y=3x is in slope-intercept form, where y represents the dependent variable (usually plotted on the vertical axis),

x represents the independent variable (usually plotted on the horizontal axis), and 3 represents the slope of the line.

To find the y-coordinate when the x-coordinate is 4 in the equation y=3x, we need to substitute x=4 into the equation and solve for y.

Substituting x=4 into the equation y=3x,

we get: y=3×4=12

So, when x=4, y=12.

Therefore, the y-coordinate corresponding to x=4 is 12.

This means that the point on the graph of y=3x where the x-coordinate is 4 has a y-coordinate of 12.

Alex flies airplanes. His plane ascends 100 feet above the ground
level in 20 seconds. What is the rate of ascension in feet per second?

Answers

Answer: the answer is 5 feet per second

Step-by-step explanation:

The graph shows the number of Internet downloads of a song compared to the number of times it is played on the radio.

What can you conclude from the data? Check all that apply.
A)The number of times a song is played on the radio affects its number of downloads.

B)Increased radio play affects the download demand for all songs equally.

C)Even though there was very high radio play, the downloads of one song remained very low.

D)In general, increased radio play does not affect the number of downloads.

Answers

Answer: a,c

Step-by-step explanation:

Answer:

A .. C

Step-by-step explanation:

Find the midpoint between two points on a number line if one of the points is at -7, and the other point is at 12.

Answers

Answer:

The middle point is 3

Step-by-step explanation:

Yo sup??

The mid point can be found out by taking the sum of the two values and dividing it by 2

mid point=(12+(-7))/2

=5/2=2.5

Hope this helps

Alonso stands 8 yards west of Gregory. He then walks 10 yards north and discovers an arrowhead. How far is the arrowhead from Gregory’s position?

Answers

Answer:

Distance [tex]=\sqrt{164}\ \approx12.80\ yards[/tex]

Step-by-step explanation

Pythagorean theorem :

In a right triangle

[tex](Hypotenuse)^2=(Perpendicular)^2+(base)^2[/tex]

From the diagram

[tex]perpendicular = 10\ yards\\\\Base = 8\ yards \\\\Hypotenuse = distance\ (d)\\\\(d)^2=(10)^2+(8)^2\\(d)^2=100+64\\(d)^2=164\\d=\sqrt{164}\ \approx12.80\ yards[/tex]

Which describes the relationship between A. adjacent angles
B. complementary angles
C. supplementary angles
D. vertical angles

Answers

D vertical angles

It’s that answer

Answer:

d

Step-by-step explanation:

A circular cone has volume 1200 cubic inches and radius 5 inches. What is the height of the cone, to the nearest tenth inch?

Answers

I multiply 1200 times 5 and yet 6000 because it says what is the height

What is the value of x?

Answers

Answer:

9

Step-by-step explanation:

The two triangles [tex]\triangle MNP\sim \triangle RST[/tex].

Therefore the corresponding sides are proportional.

[tex]\frac{|ST|}{|PN|} =\frac{|TR|}{|MP|}[/tex]

From the diagram |MP|=4, |PN|=3, |MN|=5 |ST|=x and |TR|=12.

Let us substitute the values and solve for x.

[tex]\frac{12}{4}=\frac{x}{3}[/tex]

Multiply both sides by 3 to get:

[tex]3*\frac{12}{4}=\frac{x}{3}*3[/tex]

This implies that:

[tex]9=x[/tex]

Therefore x=9

Given the system of equations, what is the solution?



3x - 2y + 10 = 0

5y = 4x + 8
{(-34/7, -16/7)}
{(-34/7, 16/7)}
{(34/7, -16/7)}

Answers

Answer:

{(-34/7, -16/7)}

Step-by-step explanation:

Rearrange values, multiply to solve for x.

(5) 2y = 3x + 10

(-2) 5y = 4x + 8

Solve for x.

10y = 15x + 50 ↓

-10y = -8x -16

Combine and evaluate.

0 = 7x + 34

Subtract 34 from both sides.

7x = -34

Divide both sides by 7.

x = [tex]\frac{-34}{7}[/tex]

Plugin x value into either equation to solve for y.

2y = (3 × [tex]\frac{-34}{7}[/tex]) + 10

2y = [tex]\frac{-102}{7}[/tex] + 10

2y = [tex]\frac{-32}{7}[/tex]

y = [tex]\frac{-16}{7}[/tex]

Solve for e and f please

Answers

Answer:

Step-by-step explanation:

180-78=102

102÷2=51

E=51

Write 10+0.06+0.008 in word form

Answers

Answer:

Ten plus six hundredth plus 8 thousandth equals ten and sixty-eight thousandths

Step-by-step explanation:

0.06 is in the hundredth place

0.008 is in the thousandth place

Answer:

ten plus zero point zero six plus zero point zero zero eight

Step-by-step explanation:

The ten is 10 then plus + and then 0.06 plus + 0.008

-3t-8+7t =34 +9t -2
Solve for t
Please give an exposition

Answers

Answer:

t = -8

Step-by-step explanation:

combine like terms, so -3t + 7t = 4t and 34 - 2 = 32

so 4t - 8 = 32 + 9t

then subtract 4t from both sides and subtract 32 from both sides. You will get: -40 = 5t.

Then divide both sides by 5 so you will get -8 = t

Answer: t= -8

Step-by-step explanation:

3t-8+7t=34+9t-2-3t+7t-8=9t+32-24t-8=9t+32t= -8

y=2x – 3
4x – 3y = 7

Answers

Answer:

4x - 3(2x - 3)= 7

4x - 6x + 9 = 7

-2x + 9 = 7

-2x = -2

x = 1

y = 2(1)-3= -1

(1,-1)

The graphs of f(x) and g(x) are shown below.

On a coordinate plane, a straight line with negative a slope represents f (x) = negative x. The line goes through points (0, 0), (negative 6, 6) and (6, negative 6). On a coordinate plane, a straight line with a positive slope represents g (x) = 2 x. The line goes through points (negative 3, negative 6), (0, 0) and (3, 6).

Which of the following is the graph of (g – f)(x)?
On a coordinate plane, a straight line with a negative slope goes through points (negative 2, 6), (0, 0), and (2, negative 6)
On a coordinate plane, a straight line with a negative slope goes through points (negative 6, 6), (0, 0), and (6, negative 6).
On a coordinate plane, a straight line with a positive slope goes through points (negative 2, negative 6), (0, 0), and (2, 6).
On a coordinate plane, a straight line with a positive slope goes through points (negative 6, negative 6), (0, 0), and (6, 6).

Answers

Answer:

Option C

Step-by-step explanation:

We are given that

[tex]f(x)=-x[/tex]

The line passing through the points (0,0),(-6,6) and (6,-6).

[tex]g(x)=2x[/tex]

The line passing through the points (-3,-6),(0,0) and (3,6).

We have to find the graph of (g-f)(x).

[tex](g-f)(x)=g(x)-f(x)=2x-(-x)=2x+x[/tex]

[tex](g-f)(x)=3x[/tex]

Substitute x=0

[tex](g-f)(0)=3(0)=0[/tex]

[tex](g-f)(2)=3(2)=6[/tex]

[tex](g-f)(-2)=3(-2)=-6[/tex]

[tex](g-f)(-6)=3(-6)=-18[/tex]

Option C is true.

which doesn't round to 4.7 4.746, 4.733, 4.647, or 4.680

Answers

Answer: 4.647

Step-by-step explanation:

The 4 in the hundredths place, or before the 6, is less than 5 so it will not round the 6 to a 7, therefore making it not round to 4.7

what is 8.7
7 reapeating forever
as a fraction
also answer fast and the explanation Is not needed
THANKS

Answers

Answer:

55

Step-by-step explanation:

the answer is 8 7/9, or 79/9

Vocabulary How can you tell if
a
fraction is a unit fraction?

Answers

When the fraction 1 is in the numerator.
For example: 1/8 or 1/100

A unit fraction is a fraction with a numerator of 1 and a positive integer denominator. Identifying unit fractions involves ensuring the numerator is 1. Examples include 1/2, 1/3, and 1/5.

A unit fraction is a fraction where the numerator is always 1, and the denominator is a positive integer. This means that a fraction of the form 1/b, where b is a positive integer, qualifies as a unit fraction. For example, 1/2, 1/3, and 1/5 are unit fractions because the numerators are all 1.

When working with fractions, it's important to understand their components. The numerator (top number) represents how many parts you have, while the denominator (bottom number) tells you into how many equal parts the whole is divided. This rule helps identify unit fractions, as the numerator must always be 1.

To summarize, determining unit fractions is straightforward: check if the numerator is 1 and the denominator is a positive integer. If both conditions are met, you have a unit fraction.

Determine if the ordered pair (-2, 1) is a solution
of 2x – y=-3.

Answers

Answer: no because 2 times -2 equals -4 and -4 - 1 = -5 not -3.

Together, teammates Pedro and Ricky got 2693 base hits last season. Pedro had 283 more
hits than Ricky. How many hits did each player have?

Answers

Answer: Pedro= 1205. Ricky= 1488

Step-by-step explanation:

It is found that Ricky hits 1202 base and Pedro hits = 1485 base

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

A mathematical equation is a statement with two equal sides and an equal sign in between. An equation is, for instance, 4 + 6 = 10. Both 4 + 6 and 10 can be seen on the left and right sides of the equal sign, respectively.

Given that

Pedro + Ricky = 2693 hits

Let Ricky hits = x

So, the Pedro hits will be = x + 283

( x + 283 ) + x = 2693

2 x + 283 = 2693

2 x = 2693 - 283

2 x = 2404

x = 1202

So, the Ricky hits 1202 base

Thus Pedro hits (1202 + 283) = 1485 base

Learn more about equations here;

https://brainly.com/question/25180086

#SPJ2

There are 3 feet in 1 yard. during the first play of a football game, one player runs the ball 10 yards before stepping out of bounds. the coach records the distance in feet and yards

Answers

Answer:

30 feet

Step-by-step explanation:

3 feet times 10 years would be 30. This is because for each yard, the player travels 3 feet.

Answer:

30 feet or 10 yards

Step-by-step explanation:

feet is 1 yard so

to get 10 yards

do 3 feet times 10 to make 30 feet

split 30 feet into yards

1 yard for every 3 feet

30 divided by 3 is 10 yards

a scientist has a bottle that is 5/8 full of solution. he used 2/5 of the solution in the bottle for an experiment. how much of a full bottle of solution does he use?

Answers

Final answer:

The scientist used 9/40 of a full bottle of solution.

Explanation:

To find out how much of a full bottle of solution the scientist used, we first need to calculate the amount that is left in the bottle. The bottle is currently 5/8 full, and the scientist used 2/5 of the solution. To calculate the amount left, we subtract the amount used from the initial amount:



Amount Left = Initial Amount - Amount Used



To subtract fractions, we need a common denominator. The common denominator for 8 and 5 is 40:



Amount Left = 5/8 - 2/5



To subtract the fractions, we need to have the same denominator, which is 40:



Amount Left = (5/8) * (5/5) - (2/5) * (8/8)



Amount Left = 25/40 - 16/40



Amount Left = 9/40



Therefore, the scientist used 9/40 of a full bottle of solution.

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