Tutors Answer Your Questions about Finance (FREE)
Question 1072570: A department store has its own credit card facilities, for which it charges interest at a rate of 2% each month. Explain briefly why this is not the same as an annual rate of 24%. What is the annual percentage rate (effective interest rate)?
Click here to see answer by Boreal(15235)  |
Question 1072694: 1. Consider these tables for Line 1 and Line 2.
Line 1
x y
0 1
3 4
Line 2
x y
0 0
2 4
(a) Graph Line 1.
(b) Graph Line 2 onto the same graph.
(c) What is the solution to the system? Use graphing to solve. Explain your answer.
Click here to see answer by Boreal(15235)  |
Question 1072617: I need your help in this function question : Determine a meaningful domain for the function in the question : A ball is dropped from a 144 f building. Its height in feet at a time t( in seconds) after being dropped is s(t) = -16t² =144.
Click here to see answer by MathTherapy(10552)  |
Question 1073051: Discuss one-sample test of hypothesis. Include an explanation of the following: 1. In hypothesis testing when is a two-tail test used in lieu of a one-tail test and why? 2. In hypothesis testing when is the "t test" used rather than the "Z test"?
Click here to see answer by Boreal(15235)  |
Question 1073328: Two trains, one going from Boston to New York and the other going from New York to Boston, started their trips at exactly same time. Speed of the first train was 10 miles per hour less than twice the speed of the second train. How far from Boston station have they met in two hours, if the total distance between the cities along the rail road is 220 miles?
Click here to see answer by josmiceli(19441)  |
Question 1073328: Two trains, one going from Boston to New York and the other going from New York to Boston, started their trips at exactly same time. Speed of the first train was 10 miles per hour less than twice the speed of the second train. How far from Boston station have they met in two hours, if the total distance between the cities along the rail road is 220 miles?
Click here to see answer by josgarithmetic(39617) |
Question 1073328: Two trains, one going from Boston to New York and the other going from New York to Boston, started their trips at exactly same time. Speed of the first train was 10 miles per hour less than twice the speed of the second train. How far from Boston station have they met in two hours, if the total distance between the cities along the rail road is 220 miles?
Click here to see answer by MathTherapy(10552)  |
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