Tutors Answer Your Questions about Finance (FREE)
Question 1189259: A cross section AB of a square plate is covering a hole in a section of a wall shown in
figure 6.28. Taking the density of the fluid to be 1025 kg·m3, h1 = 3 m, h2 = 2.5 m and
w = 1.5 m. Calculate the reactions normal to the wall surface that would be required to
maintain the equilibrium of the plate.
Click here to see answer by ikleyn(52781)   |
Question 1189316: A survey of children under 15 years of age residing in the inner-city area of a large city were
classified according to ethnic group and hemoglobin level. The results were as follows:
Hemoglobin status
Ethnic group >or equal to 10 9 - 9.9 < 9 Total
A 80 100 20 200
B 99 190 96 385
C 70 30 10 110
Total 240 320 160 695
a. Do these data provide sufficient evidence to indicate, at 5% level of significance, that the
two variables are related?
b. What is the p-value for this test?
Click here to see answer by math_tutor2020(3817) |
Question 1189353: supose that f(x) has derivative on the interval (a, b) is continuous on interval [a, b] and f(a) =f(b) then at some value c€(a, b), f'(c) =[f(b) -f(a) ]/(b-a)
1.mean value theorem
2.rolle's theorem
3.newton's theorem
4.Taylor theorem
Click here to see answer by ikleyn(52781) |
Question 1189494: Solving Word Problems Involving Basic
Radical Properties and Operations The distance, d, in miles that a person can see to the horizon can be
modeled by the formula d=√3h/2 where h is the person's height above sea level in feet. To the nearest tenth of a mile, how far to the horizon can a person see if they are 100 feet above sea level?
Click here to see answer by ikleyn(52781) |
Question 1189515: Three years ago I purchased a car for $35000.00. I just found out the car has a value of $20012.55.
A) Create an algebraic model to represent this depreciation.
B) Use this model to estimate the value of the car after 5 years.
Click here to see answer by Boreal(15235)  |
Question 1189556: Last year, Dan had $10,000 to invest. He invested some of it in an account that paid 5% simple interest per year, and he invested the rest in an account that paid 6% simple interest per year. After one year, he received a total of $590 in interest. How much did he invest in each account?
First account:
Second account:
Click here to see answer by josgarithmetic(39617) |
Question 1189556: Last year, Dan had $10,000 to invest. He invested some of it in an account that paid 5% simple interest per year, and he invested the rest in an account that paid 6% simple interest per year. After one year, he received a total of $590 in interest. How much did he invest in each account?
First account:
Second account:
Click here to see answer by greenestamps(13200)  |
Question 1189621: You signed a promissory note with a bank that requires you to pay $4000 in 5 years. If the money is receiving an interest rate of 9% compounded quarterly, what amount must be paid today to discharge (pay off) the debt early?
Click here to see answer by Theo(13342)  |
Question 1189657: Write an equation for each number:
1. A rectangle and an equilateral triangle have the same perimeter. The length of the rectangle is 3 cm more than the width. Each side of the triangle is 10 cm. Find the length and width of the rectangle.
2. The Jones family is taking a trip from Seattle, WA to San
Diego, CA over the course of 3 days. They plan on traveling 200 miles more on
the second day than they will on the first day. They will travel 75 miles less on the
third day than they will on the first day. To total distance of the trip is 1058 miles.
How many miles will they travel each day?
Click here to see answer by Boreal(15235) |
Question 1189688: Last year, Michael had $20,000 to invest. He invested some of it in an account that paid 6% simple interest per year, and he invested the rest in an account that paid 9% simple interest per year. After one year, he received a total of $1710 in interest. How much did he invest in each account?
Click here to see answer by ikleyn(52781) |
Question 1189690: Last year, Kareem had $10,000 to invest. He invested some of it in an account that paid 9% simple interest per year, and he invested the rest in an account that paid 8% simple interest per year. After one year, he received a total of $820 in interest. How much did he invest in each account?
Click here to see answer by ikleyn(52781) |
Question 1189734: A couple wishes to borrow money using the equity in their home for collateral. A loan company will loan them up to 70% of their equity. They purchased their home 11 years ago for $79609. The home was financed by paying 20% down and signing a -year mortgage at 9.3% on the unpaid balance. Equal monthly payments were made to amortize the loan over the 30-year period. The net market value of the house is now $100,000. After making their 132 payment, they applied to the loan company for the maximum loan. How much (to the nearest dollar) will they receive?
Amount of loan:$
I am really struggling to understand this problem. I appreciate all your help!
Click here to see answer by ikleyn(52781) |
Question 1189735: A person purchased a $198741 home 10 years ago by paying 20% down and signing a 30-year mortgage at 11.4% compounded monthly. Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new 20-year mortgage at compounded 6.6% monthly. How much interest will refinancing save?
Money Saved: $
Please Help! Thank you :)
Click here to see answer by ikleyn(52781) |
Question 1189735: A person purchased a $198741 home 10 years ago by paying 20% down and signing a 30-year mortgage at 11.4% compounded monthly. Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new 20-year mortgage at compounded 6.6% monthly. How much interest will refinancing save?
Money Saved: $
Please Help! Thank you :)
Click here to see answer by MathTherapy(10552)  |
Question 1189735: A person purchased a $198741 home 10 years ago by paying 20% down and signing a 30-year mortgage at 11.4% compounded monthly. Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new 20-year mortgage at compounded 6.6% monthly. How much interest will refinancing save?
Money Saved: $
Please Help! Thank you :)
Click here to see answer by math_tutor2020(3817) |
Question 1189733: Last year, Lucy had $10,000 to invest. He invested some of it in an account that paid 9% simple interest per year, and he invested the rest in an account that paid 8% simple interest per year. After one year, he received a total of $820 in interest. How much did he invest in each account?
Click here to see answer by ikleyn(52781) |
Question 1189772: A loan of $48,000 is made at 8.75% interest, compounded annually. After how many years will the amount due reach $ 153,000 or more? (Use the calculator provided if necessary.)
Write the smallest possible whole number answer.
Click here to see answer by ikleyn(52781) |
Question 1189802: 1.Mark and Amy live 560 miles apart. They are planning to meet somewhere between the two locations. If Mark travels at 20 mph and Amy travels at 50 mph and they leave at the same time, how far will Mark travel before they meet?
2. Use unit multipliers to convert 16 feet per second to miles per hour.
Click here to see answer by josgarithmetic(39617) |
Question 1189844: Construct the probability distribution for the random variables described in each of the following situations. Draw the corresponding histogram for each probability distribution.
1. Two balls are drawn in succession without replacement from an urn containing 5 red balls and 6 blue balls. Let Z be the random vatiable representing the number of blue balls. Find the values of the random variable Z.
Click here to see answer by math_tutor2020(3817) |
Question 1189848: Construct the probability distribution for the random vanables described in each of the following stations Draw the coresponding histogram each probability distribution.
1. A shipment of five computers contains that are slightly defective If a retailer receives three of these computers at random, list the elements of the sample space S using the letters D and N for defective and non-defective computers, respectively To each sample point, assign a value x of the random variable X representing the number of computers purchased by the retailer which are slightly defective.
Click here to see answer by ikleyn(52781) |
Question 1189922: The Royal Fruit Company produces two types of fruit drinks. The first type is 70% pure fruit juice, and the second type is 95% pure fruit juice. The company is attempting to produce a fruit drink that contains 80% pure fruit juice. How many pints of each of the two existing types of drink must be used to make 180 pints of a mixture that is 80% pure fruit juice?
Click here to see answer by Boreal(15235) |
Question 1189923: A scientist has two solutions, which she has labeled Solution A and Solution B. Each contains salt. She knows that Solution A is 30% salt and Solution B is 55% salt. She wants to obtain 160 of a mixture that is 35% salt. How many ounces of each solution should she use?
Click here to see answer by josgarithmetic(39617) |
Question 1189923: A scientist has two solutions, which she has labeled Solution A and Solution B. Each contains salt. She knows that Solution A is 30% salt and Solution B is 55% salt. She wants to obtain 160 of a mixture that is 35% salt. How many ounces of each solution should she use?
Click here to see answer by greenestamps(13200) |
Question 1189925: The Royal Fruit Company produces two types of fruit drinks. The first type is 20% pure fruit juice, and the second type is 70% pure fruit juice. The company is attempting to produce a fruit drink that contains 60% pure fruit juice. How many pints of each of the two existing types of drink must be used to make 120 pints of a mixture that is 60% pure fruit juice?
Click here to see answer by mananth(16946)  |
Question 1189925: The Royal Fruit Company produces two types of fruit drinks. The first type is 20% pure fruit juice, and the second type is 70% pure fruit juice. The company is attempting to produce a fruit drink that contains 60% pure fruit juice. How many pints of each of the two existing types of drink must be used to make 120 pints of a mixture that is 60% pure fruit juice?
Click here to see answer by josgarithmetic(39617) |
Question 1189925: The Royal Fruit Company produces two types of fruit drinks. The first type is 20% pure fruit juice, and the second type is 70% pure fruit juice. The company is attempting to produce a fruit drink that contains 60% pure fruit juice. How many pints of each of the two existing types of drink must be used to make 120 pints of a mixture that is 60% pure fruit juice?
Click here to see answer by greenestamps(13200) |
Question 1189999: Mai deposited $3000 into an account with a 9.8% annual interest rate, compounded semiannually. Assuming that no withdrawals
are made, how long will it take for the investment to grow to $3462?
Do not round any intermediate computations, and round your answer to the nearest hundredth.
Click here to see answer by mananth(16946) |
Question 1190050: Marina had an accident with her car and the repair bill came to $900. She didn’t have any emergency fund money and no extra money in her monthly budget, so she ended up borrowing from a pay-day loan company. As long as she can pay the loan back at the end of the 30 day period she won’t be charged any interest, technically. However, she did have to pay an $17 processing fee per $100 that she borrowed.
If she were to consider the processing fee to represent interest paid in her formula, what would she discover to be the annual interest rate she was charged on her short term loan?
Click here to see answer by math_tutor2020(3817) |
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