Tutors Answer Your Questions about Finance (FREE)
Question 1192524: I don't know if I subtract out the down payment or what to do with it. I've used so many different formulas, I've confused myself. Here's the problem: This is exactly how it is presented:
For the car loan described, give the following information.
A car dealer will sell you a used car for $6,998 with $798 down and payments of $166.51 per month for 48 months.
(a) amount to be paid:
$
(b) amount of interest:
$
(c) interest rate (Round your answer to two decimal places.)
%
(d) APR (rounded to the nearest tenth of a percent)
%
Click here to see answer by math_tutor2020(3817)  |
Question 1192661: Please help me with the homework
1. In a certain town of 46000 households, 85% of the households own TV sets.
1.1. What percentage of the households in this town do not own TV sets?
1.2.how many households do not own TV sets?
Click here to see answer by ikleyn(52781)  |
Question 1192660: Please help me with the homework
1. Suppose that two scientific calculators cost R230.
1.1. what is cost of 35 calculators?
1.2. if the calculators in 1.1 above are bought at a discount of 5%, how much does the buyer pay for the 35 calculators?
Click here to see answer by ikleyn(52781) |
Question 1192697: Please help me with the homework
1.120% of a sum of money is R8400.what is the sum of money?
2. 55% of Alice chocolate is sugar. The chocolate bar has a mass of 130g.How much sugar is contained in this chocolate bar?
Click here to see answer by ikleyn(52781) |
Question 1192749: A driver has 3 routes to get his produce from factory to ;the port. He uses route 1; 45% of the time, route 2 ; 35% of the time and route 3; 20% of the time. There is a 70% probability of encountering traffic jam on route 1, 40% probability of encountering traffic jam on route 2 and 50% probability of encountering traffic jam on route 3.
ii)If a driver reports that he is in a traffic jam, find the probability that he has selected route 3. I would do :Jam on route 3/ total probability of all Jams
.5/(.45*.7 + .35*.4 + .2*.5)
Please I am seeking some help in finding the correct solution.
Click here to see answer by ikleyn(52781) |
Question 1192763: A fence must be built to enclose a rectangular area of 45,000 ft^2. Fencing material costs $1 per foot for the two sides facing north and south and $2 per foot for the other two sides. Find the cost of the least expensive fence.
The cost of the least expensive fence is $___?
please answer the blank space with solving. Thank you
Click here to see answer by MathLover1(20849)  |
Question 1192844: Ocho Rios Autoworks, a chain of automotive tune-up shops, advertises that its personnel can change oil, replace the oil filter, and lubricate any standard automobile in 15minutes, on the average. The Bureau of Standards received complaints from customers that service
takes considerably longer. To check the firm's claim, the Bureau had service done on 21 unmarked cars. The mean service time was 17 minutes, and the standard deviation of the sample was 1 minute. Use the 0.05 level of significance to check the reasonableness of the
claim made by Ocho Rios Autoworks.
Z = (X - U) / (SD / √n)
=17-15/1/sqrt(21)
= 9.165
I have never gotten a z value so large before, please adbise if I am doing something wrong
Click here to see answer by ikleyn(52781) |
Question 1192911: Juan negotiates a ten year loan which requires him to pay $1400 per month for the first five years, and $1700 for the remaining years.The interest rate is 10%, compounded monthly, and the first payment is due in one month.Determine the amount of principal in the 25th payment.
Click here to see answer by Theo(13342)  |
Question 1192942: Logan is taking out a loan to buy a $4,000 ring for his girlfriend. He has the two finance options listed below. Which option should be choose? Justify your answer by giving the amount of money Logan will save.
Option A: A 5 year loan with a 7% interest rate compounded quarterly.
Option B: An eight year loan with a 5.5% interest rate compounded annually.
Click here to see answer by Boreal(15235)  |
Question 1192942: Logan is taking out a loan to buy a $4,000 ring for his girlfriend. He has the two finance options listed below. Which option should be choose? Justify your answer by giving the amount of money Logan will save.
Option A: A 5 year loan with a 7% interest rate compounded quarterly.
Option B: An eight year loan with a 5.5% interest rate compounded annually.
Click here to see answer by MathTherapy(10552)  |
Question 1192987: I am confused with this problem.
After Hurricane Andrew, my neighbor started the Stock the Basin Campaign. This would triple the number of bass each year. If after 1 year of the efforts, there were 25,000 bass, how many were there after 6 years?
Click here to see answer by ikleyn(52781) |
Question 1193029: hi! so I'm almost done with my homework and I'm unsure of how to do this question. the first part is multiple choice and the blank is asking for a solution, thank you!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Explain how the graph of the function f(x)=1/(x-7)^2 can be obtained from the graph of y=1/x^2. Then graph f and give the domain and range.
To obtain the graph of f, shift the graph of y=1/x^2 _____ (up/down/to the left/to the right) _____ units
(enter your response here unit(s).)
Click here to see answer by Theo(13342) |
Question 1193029: hi! so I'm almost done with my homework and I'm unsure of how to do this question. the first part is multiple choice and the blank is asking for a solution, thank you!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Explain how the graph of the function f(x)=1/(x-7)^2 can be obtained from the graph of y=1/x^2. Then graph f and give the domain and range.
To obtain the graph of f, shift the graph of y=1/x^2 _____ (up/down/to the left/to the right) _____ units
(enter your response here unit(s).)
Click here to see answer by ikleyn(52781) |
Question 1193208: Ginette invests $12,000 in an account paying compound interest for 2 years.
In the first year the rate of interest is x%
At the end of the first year, the value of Ginette's investment is $12,336.
In the second year the rate of interest is x/2 %
What is the value of Ginette's investment at the end of 2 years?
Click here to see answer by ikleyn(52781) |
Question 1193210: Imagine that you have used centimeter cubes to build a larger cube with side length 4 centimeters. You then paint your large cube blue on every side. If you take your cube apart, how many of the small cubes will have
3 blue faces?
2 blue faces?
1 blue face?
No paint at all?
Repeat question 1 for the cubes with side lengths of 1, 2, 3, and 5 centimeters. Be sure to organize your work, perhaps by using a table.
What do you notice in your table? Use any patterns you notice to predict the
outcome for n = 6. What about n = 100?
Generalize your results by finding algebraic expressions to represent the nth case.
Click here to see answer by ikleyn(52781) |
Question 1193215: A 10m ladder is leaning against a vertical wall with its foot on the same horizontal plane as the base of the wall. If the lower end of the ladder is moving away from the wall horizontally at 1m/sec, how fast is the top of the ladder descending when the lower end is 4 meters from the wall?
Click here to see answer by ikleyn(52781) |
Question 1193268: 1. For the following transactions, analyze the accounting transactions using the accounting equation framework
1. Introduced Rs500000 through a cheque by the Owner as the Initial capital in the business
2. Purchased goods on credit from Ms. Ritu at Rs 40000
3. Paid Rs 10000 as salary to the employees
4. Invested Rs200000 in a fixed deposit account
5. Paid school fees of the kid Rs 25000, from the business’s bank account.
Note: (2*5 = 10 marks) 1 marks for analyzing each transaction and 1 mark for
correct journal entry
Click here to see answer by ikleyn(52781) |
Question 1193288: Please help with the homework
1. A retired British is on holiday in cape town. He and his wife like an apartment in sea point, which is for sale for 2400000. The couple managed to negotiate a price of 2100000. Determine how much they paid for the apartment in the British pounds?
Click here to see answer by Theo(13342) |
Question 1193289: Please help me with the homework.
Below is the ingredients for 6 people.
INGREDIENTS
2 oxtails, 500g seasoned flour, 1 and half oz beef dripping,2 onions 1 and half pints beef stock,1 bourquet garni, salt and black pepper, 2 bay leaves, 1 level tablespoon red jelly, 3 quota carrots, 2 small turnips, 1 tablespoon lemon juice,1 tablespoon tomato paste and 6 oz mushrooms.
GARNISH
3 level tablespoon chopped parsley and 2 Level tablespoon grated lemon
1.1. suppose you are making this dish for 24 people,by what factors should you multiply the quantities to unsure that you have enough food for 24 people?
1.2. Make a shopping list for all the ingredients based on your answer to 1.1 above
Click here to see answer by Theo(13342) |
Question 1193301: Please help me with the homework
1. R2000 invested on the 6 march 2016 at simple interest rate of 15% p.a. accumulated to R2240. Calculate the date on which this transaction matured.
2. A certain amount of money was invested on the 3 march 2016 at a simple interest rate of 12%p.a. and accumulated to R612 on the 2 may 2016. How much was the money?
Click here to see answer by Boreal(15235) |
Question 1193287: Formulate the situation as a system of inequalities. (Let x represent the number of goats the farmer can raise and y represent the number of llamas.)
A rancher raises goats and llamas on his 800-acre ranch. Each goat needs 4 acres of land and requires $60 of veterinary care per year, while each llama needs 10 acres of land and requires $48 of veterinary care per year. If the rancher can afford no more than $7,920 for veterinary care this year, how many of each animal can he raise?
_____________(land requirements)
_____________ (veterinary care)
x ≥ 0, y ≥ 0
Find the vertices. (Order your answers from smallest to largest x, then from smallest to largest y.)
(x, y) =
(x, y) =
(x, y) =
(x, y) =
Click here to see answer by Solver92311(821)  |
Question 1193321: A company receives a shipment of 16 items. A random sample of 4 items is selected , and the shipment is rejected if any two of these items proves to be defective. What is the probability of rejecting a shipment containing 1 defective item?
Click here to see answer by ikleyn(52781) |
Question 1193320: A company receives a shipment of 16 items. A random sample of 4 items is selected , and the shipment is rejected if any two of these items proves to be defective. What is the probability of accepting a shipment containing 1 defective item?
Click here to see answer by ikleyn(52781) |
Question 1193323: Records indicate that , on average , 3.2 breakdowns per day occur on an urban highway during the morning rush hour. Assume that the distribution is poisson. Find the probability that on any given day there will be more than four breakdowns on this highway during the morning rush hour.
Click here to see answer by Boreal(15235) |
Question 1193316: In Problems 1 and 2, find the (a) the mode (b) the mean for each data set
1. Score: 1, 2, 3, 4, 5, 6
Frequency: 3, 2, 4, 2, 5, 1
2. Score: 53, 54, 55, 56, 57, 58
Frequency: 1, 2, 4, 2, 1, 2
Click here to see answer by danidani(3)  |
Question 1193373: The daily sales of a product in different shops follow a normal distribution. The targeted mean of daily sales of the product and their variance in the population are k10 , 000 and k2 500 respectively. The sales manager of the company which produces the product feels that the sales of the product has improved in the recent past. A random sample of 49 shops is taken from the normal population for which the mean daily sales is found to be k 9 600. Check whether the sales of the product in different shops has really improved at a significant level of 0.05
Click here to see answer by Boreal(15235) |
Question 1193381: The Jurassic Zoo charges $12 for each adult admission and $7 for each child. The total bill for the 131 people from a school trip was $1062. How many adults and how many children went to the zoo?
there were _adults and _children on the trip
Click here to see answer by josgarithmetic(39617) |
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