You just bought a new tablet computer for $500, including tax. There are no required payments for six months, but the company does charge 30% annual interest, compounded monthly, on any unpaid balance.
what is the effective annual rate of interest if you do not make any payments for a year?

Answers

Answer 1

The effective annual rate of interest if you do not make any payments for a year is 35%.

What is compound interest?

Compound interest is the addition of interest to the principal sum of a loan or deposit. Mathematically -

[tex]$A = P(1 + \frac{r}{n})^{nt}[/tex]

where -

[A] = final amount

[P] = initial principal balance

[r] = interest rate

[n] = number of times interest applied per time period

[t] = number of time periods elapse

Given is that You just bought a new tablet computer for $500, including tax. There are no required payments for six months, but the company does charge 30% annual interest, compounded monthly, on any unpaid balance.

We can write -

A = 500(1 + 0.3/12)¹²⁽¹⁾

A = 500(1 + 0.025)¹²

A = 500 x (1.025)¹²

A = 675

Effective annual interest rate for a year is as follows -

A = 500(1 + r/1)⁽¹⁾⁽¹⁾

675 = 500(1 + r)

1 + r = 675/500

1 + r = 1.35

r = 0.35

r = 35%

Therefore, the effective annual rate of interest if you do not make any payments for a year is 35%.

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Related Questions

A karaoke machine regularly costs $146 and is on sale for 35% off. What is the discount?

Answers

Answer:51.1

Step-by-step explanation:

Park rangers plan to expand the area of a park to 506 square miles. Currently, the length of the park is 18 miles and the width is 17 miles. They want to extend the length and the width by the same number of miles. If they are successful, what will the new dimensions of the park be? Explain and I need this before tomorrow

Answers

As 200 is not a perfect square it is not possible to increase the dimensions of the park by the same number of miles.

What are the area and perimeter of a rectangle?

The area of a rectangle is the product of its length and width.

The perimeter of a rectangle is the sum of the lengths of all the sides.

We know the area of a rectangle is (length×width).

Given, Park rangers plan to expand the area of the park to 506 square miles.

Currently, the park has an area of (18×17) = 306 square miles.

Therefore, The amount of square miles they need to increase is (506 - 306)

= 200 miles.

Now, They also want to increase the length and the width by the same amount but 200 is not a perfect square so it is not possible to increase the dimensions by the same amount.

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What are the properties of directed line segment?

Answers

The equation of the line segment is written in the form y = mx + b, where m is the slope and b is the y-intercept. Finally, a directed line segment is two-dimensional.

1. It has a definite starting point and a definite ending point.

2. It has a definite length.

3. It has a definite direction.

4. It has a slope and equation.

5. It divides the plane into two parts.

6. It is symmetric about its mid-point.

7. It is two-dimensional.

A directed line segment is a line segment that has a definite starting point and a definite ending point. Its length is the distance between the two points and it has a direction, given by the vector from the starting point to the ending point. The line segment divides the plane into two parts. It is symmetric about its mid-point, which is the point halfway between the two endpoints. It has a slope and an equation. The slope is the ratio of the change in y-coordinates to the change in x-coordinates. The equation of the line segment is written in the form y = mx + b, where m is the slope and b is the y-intercept. Finally, a directed line segment is two-dimensional.

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2
The scores of seven people playing a card game are listed below.
56, 103, 114, 80, 141, 68, 150
What is the interquartile range of the scores?
OA. 35
OB. 73
O C. 102
OD. 94

Answers

Answer:

B. 73

Step-by-step explanation:

An explanation is in the picture if you need it.

4 Siobhan and Ralph shared £700 in the
ratio 2:3.
Siobhan gave a quarter of her share to Karen.
Ralph gave a fifth of his share to Karen.
What fraction of the £700 did Karen receive?

Answers

Therefore ,the solution to the given problem of proportion comes out to be karen got  £70.

What is a proportion?

The rule of three is used to link the measures because a proportion is a fraction of a total amount. It is possible to construct equation or relations between variables that are either direct (when both rise or decrease) or inverse proportional (when one increases and the other declines, or vice versa) in order to determine the necessary measures in the situation.

Here,

Given :

Siobhan and Ralph shared £700 in the

ratio 2:3.

Thus,

280 / 420 = 2/3

Thus,

Siobhan and Ralph has  £280 and £420  respectively.

and Siobhan gave a share of quarter to karen :

So,

280/4 =70

Therefore ,the solution to the given problem of proportion comes out to be karen got  £70.

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Mrs. Sanders has three grandchildren, who call her regularly. One calls her every three days, one calls her every four days, and one calls her every five days. All three called her on December 31, 2016. On how many days during the next year did she not receive a phone call from any of her grandchildren

Answers

By probability, she will not receive a phone call from any of her grandchildren after 146 days

How does probability affect our lives?

In those circumstances, probability helps in assessing the likelihood of an event. Probability plays a significant role in daily life. political strategy analysis, blood type determination, sports and gaming strategies, insurance buying or selling, online shopping, and online gaming.

There is a [tex]\frac{2}{3}[/tex] chance that the first child won't call, a [tex]\frac{3}{4}[/tex] chance that the second child won't call, and a [tex]\frac{4}{5}[/tex] chance that the third child won't call on any given day. There is a [tex]\frac{2}{3} *\frac{3}{4} * \frac{4}{5} = \frac{2}{5}[/tex] chance that no child calls her on a randomly selected day.

When we consider a sample of 360 days, in particular, this "unrigorous" reasoning becomes rigorous due to linearity of expectation; over the first 360 days, 360 * 2/5 = 144 days will pass without a phone call. Now, we just check the remaining days. On days $361 and $362, no one calls her. On days 363 and 364, she receives calls from children every three and four days, respectively. On day 365, she receives calls every five days. Therefore, to get our answer of 146, we two more days in  144.

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This is chemistry, but I asked two times when I picked chemistry as the subject, yet no one answered, so I am doing mathematics because this does include math.

Show ALL your WORK and make sure to LABLE all the numbers with the CORRECT UNITS; if you do, I will give you the brainliest:

A: A sample of sulfuric acid has a mass of 15.0 g. How many molecules are in this sample?

B: How many moles of sulfuric acid are present in 45 g of this sample?

C: How much would a .750 mole sample of Ammonium sulfate weigh?

D: What is the mass percent of hydrogen in this sample?

PS: Please do not spam or give the wrong answer; I will report the comment, the "answer', and your account if you do.

Answers

Answers
A = 21 molecules
B = 0.45 moles
C = 99.11475 grams
D = 2.055%

Explanations are below

1. Write the formula for sulfuric acid
H2SO4

2. Find how many g/mol sulfuric acid is
H = 2*1.008 = 2. 016
S = 1 * 32.07 = 32.07
O = 4 * 15.999 = 63.996

Add the products together
2.016 + 32.07 + 63.996 = 98.082 g/mol

2. Convert grams to mol
15.0 grams * 1 mol/98.082 = 0.152933259925369 ~ 0.15 mol

3. Convert mol to molecules
0.15 mol * 6.02*10^23 molecules/ 1 mol = 20.769 molecules ~ 21 molecules

B.
1. Convert grams to moles
45 grams * 1 mol/ 98.082 grams = 0.458799779776106 ~ 0.45 moles

C.
1. Write the formula for ammonium sulfate
(NH₄)₂SO₄

2. Find the weight of the formula above
N = 2 * 14.01 = 28.02
H = 8 * 1.008 = 8.064
S = 1 * 32.07 = 32.07
O = 4 * 15.999 = 63.996

Add the products together
28.02+8.064+32.07+63.99 = 132.153 g/mol

3. Convert mol to grams
0.750 mol * 132.153 g/ 1 mol = 99.11475 grams

D.
1. Find the molar mass of all elements and combined

H = 2*1.008 = 2. 016
S = 1 * 32.07 = 32.07
O = 4 * 15.999 = 63.996

Add the products together
2.016 + 32.07 + 63.996 = 98.082 g/mol

2. To find the mass percent, use the equation molar of element divided by molar mass of the products combined in parentheses times 100.
(2.016/98.082) * 100 —> 0.02055423013397 * 100 = 2.05542301339695 %
This can written as 2.055% since 2.016 has 4 significant figures

A farmer sells eggs at a market. She offers three different sizes.


For any size, the weight of each egg can vary up to 8%.


Calculate the missing values in the table.


Is it possible for an egg to be both large and extra large?

Yes

Answers

The missing values in the table can be calculated by multiplying the given weights by 0.92 and 0.88 to get the maximum and minimum weights for each size.

Small egg:

Minimum weight = 1.2 * 0.92 = 1.104 ounces;

Maximum weight = 1.2 * 1.08 = 1.296 ounces

Medium egg:

Minimum weight = 1.6 * 0.92 = 1.472 ounces;

Maximum weight = 1.6 * 1.08 = 1.728 ounces

Large egg: Minimum weight = 2 * 0.92 = 1.84 ounces; Maximum weight = 2 * 1.08 = 2.16 ounces

Extra Large egg: Minimum weight = 2.4 * 0.92 = 2.208 ounces; Maximum weight = 2.4 * 1.08 = 2.592 ounces

Yes, it is possible for an egg to be both large and extra large, as long as the weight of the egg is between 1.84 and 2.592 ounces.

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a A trader opens a bank account with #250 000. In one month, she pays out two cheques for #49 000 and 34 000 and pays in one cheque for N14000. How much money does she have in her account after one month?​

Answers

Answer: #181000

Step-by-step explanation:

So, to solve the problem, recall these definitions:

payout - withdrawal

pay in - deposits.

Normally, deposits add money to your balance, and withdrawals take out money.

So, there is one cheque for  paying in 14,000, and two cheques for paying out 49,000 and 34,000

So, the balance is 250000 + 14000 - (49000+34000)

The balance is 181,000

PLEASE HELP I WILL GAVE A BRAINLY Will you guys show me how to make a graph that shows the relationship between height and years. All the other info is filled out so please use that. Thank you for helping!!!

Answers

Answer:

Conclusion: Straight line upwards from point (0,3) to (3, 5.25)

Step-by-step explanation:

Your part (a) answer is absolutely correct.

Equation is y = 3/4x + 3

For part (b), you are correct to say that the y-intercept of the graph is 3. The implication is that the initial height of the tree is 3 feet tall. (When the tree just starts to grow at time = 0 years)

Your part (c) answer is absolutely correct as well.

For the graph part,

x = years (independent variable)

y = height (dependent variable)

From the equation you have constructed in part (a), the y-intercept of the graph is 3. Hence, a point (0, 3) can be first plotted in the graph.

Secondly, for part (c), you have also obtained the answer (3, 5.25). Plot that point on the graph as well.

Next, we can see that the graph in (a) is a linear graph in the form y = mx + c, where m is the gradient and c is the y-intercept.

Hence, you can easily draw a straight line upwards from (0,3) to (3,5.25) . It is expected as the gradient of the graph is 3/4, which is a positive number.

X + 15 _> 64.5 in inequality from

Answers

Answer:

X ≥ 49.5

Step-by-step explanation:

X + 15 ≥ 64.5

Subtract 15 from both sides

X ≥ 49.5

So, the answer is X ≥ 49.5

How do you find the hypotenuse of a 45 45 90 triangle?

Answers

The 45, 45, and 90 triangle is a type of isosceles triangle where the two legs are the same as each other and other non-right angles are both 45 degrees. Most of the time, Pythagoras' theorem is used for finding out the missing legs and hypotenuses of 45, 45, and 90 triangles.

The hypotenuse of a 45 45 90 triangle is calculated as the square root of the length of the leg.

We plug the known length of the leg into our 45-45-90 theorem formula:

          Hypotenuse = leg * (√2)

Properties of 45-45-90 triangles :

To point out the 45-45-90 special right triangle, check for these three identifying properties:

The polygon is an isosceles right triangle.The two side lengths are congruent, and their opposite angles are also congruent.The hypotenuse (longest side) is the length of either leg times the square root (sqrt) of two, √2.

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How many prime numbers are between $30$ and $40$?

Answers

Answer:

2 prime numbers: 31 and 37

Step-by-step explanation:

31 and 37 are the only prime numbers between 30 and 40

Prime numbers are : 31 and 37 (≧∇≦)b

On a assembly line, 2 parts can be made per minute. There are 8 parts already made. To determine how many more minutes (x) it will take to make y total parts, the equation y=2x + 8 is written. What is the description of a solution to this problem?

Answers

The description of a solution to the problem modeled by the function y = 2x + 8 is given as follows:

The time needed to complete 40 parts  is of 16 minutes.

What is the interpretation for the function in this problem?

The function for this problem is defined as follows:

y = 2x + 8.

In which the variables are defined as follows:

x is the time in minutes.y is the number of parts produced.

Hence, solving the function for x, we are going to obtain the time needed to produce y parts, giving the description of a solution for this problem.

When y = 40, the solution for x is given as follows:

40 = 2x + 8

2x = 32

x = 32/2

x = 16 minutes.

The interpretation of this solution is that a time of 16 minutes is needed to obtain a production of 40 parts.

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What is the length of 3rd side of each triangle?

Answers

The sum of squares of two sides is equal to the square of the third side.

Finding the Third Side of a Triangle with Two Sides

Let's assume that the triangle is right-angled, as the third side of a right-angled triangle can only be found when the other two sides are known.

According to Pythagoras' Theorem, the sum of squares of two sides is equal to the square of the third side.If leg a is the missing side, then transform the equation to the form where a is on one side and take a square root: a = √(c² - b²)If leg b is unknown, then: b = √(c² - a²)For hypotenuse c missing, the formula is: c = √(a² + b²)

A right-angle triangle is what?

This particular sort of triangle adheres to the Pythagoras theorem and may be calculated using the trigonometry tool.

We are aware that the right-angled triangle follows Pythagoras' Theorem.

According to the Pythagorean Theorem, the third side's square equals the sum of the first two sides' squares.

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The complete question should be:

What is the length of 3rd side of a triangle?

Rewrite in simplest rational exponent form. Show each step of your process

Answers

The final answer is 4x, which is the simplest form of expression.

What is the rational exponent?

A rational exponent is an exponent that is in the form of a ratio of two integers, such as a/b where a and b are integers and b is not equal to zero.

To rewrite the expression in simplest rational exponent form, we can first simplify the radicals and then combine any like terms. Here are the steps to simplify the given expression:

4√x* √x = 4 * 1 √x * √x = 4 * x^(1/2) * x^(1/2) = 4 * x^( (1/2)+(1/2) ) = 4 * x^(1)

x^(1) = x

So, the expression in simplest rational exponent form is 4x

x * 4x = 4x

Notice that 4 and x are in the same radical which means 4 is a coefficient of x.

Therefore, 4√x * √x can be written as 4x, which is in the simplest form.

hence, the final answer is 4x, which is the simplest form of expression.

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Find the equation of the line shown in the
graph below.

Answers

Answer:

y = 2x - 1

Step-by-step explanation:

Point 1: (0, -1); Point 2: (1, 1)

           (x₁, y₁)              (x₂, y₂)

y₂ - y₁      1 - (-1)       1 + 1       2

---------- = --------- = -------- = ------ = 2

x₂ - x₁      1 - 0           1          1

y - y₁ = m(x - x₁)

y - (-1) = 2(x - 0)

y + 1 = 2x - 0

   -1          -1

-----------------------

y = 2x - 1

I hope this helps!

please help: Can a triangle have side lengths with the given lengths? Explain. 8m, 10m, 19m​

Answers

Answer:

no

Step-by-step explanation:

The sum of the lengths of any two sides of a triangle is always greater than the length of the third side.

8+10 is 18

which is less than 19

Tina's favorite shade of teal is made with 777 milliliters of blue paint for every 555 milliliters of green paint. Tyler's favorite shade of teal is made with 555 milliliters of blue paint for every 777 milliliters of green paint. How does Tina's favorite shade of teal compare to Tyler's favorite shade of teal

Answers

Comparing the volume of the paints used and analyzing the proportions, The answer is Tina's shade is more blueish and Tyler's shade is more greenish.

What do you mean by ratio?

A ratio is a way to compare two or more numbers or amounts. It tells you how much bigger or smaller one number is compared to the other. It is often written as two or more numbers separated by a colon, such as "3:5" or "2:4:6". For example, if a recipe calls for 2 cups of sugar to 4 cups of flour, the ratio would be 2:4. This means for every 2 cups of sugar, there are 4 cups of flour. It's a way to express a relationship between values or quantities and it helps to understand the proportion of one value to the other values.

What do you mean by proportions?

Proportion is a relationship between two or more values or quantities that compares their sizes. It's a way of saying that two or more values are equal in some way. It can be written as an equation, such as "a/b = c/d", which means that the ratio of a to b is equal to the ratio of c to d. In other words, the proportion states that two or more ratios are equal to each other. For example, if a cake recipe calls for 2 cups of sugar to 4 cups of flour, the proportion would be 2/4 = 1/2. This means that for every 2 parts of sugar, there are 4 parts of flour, which can be written as a ratio 2:4 .

Tina's ratio of blue paint to green paint = 777:555

Tyler's favorite shade has a ratio =  555:777.

The ratio for Tina's shade is greater than 1 .

while the ratio for Tyler's shade is less than 1.

So Tina's shade is more blueish and Tyler's shade is more greenish.

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Explain how the quotient was determined.

Answers

Because it started with one at the end and the other numbers didn’t matter because of that because the eight was small so you are multiplying by one but anything by one will always be one

Reduce 22/154

to its lowest form.

Answers

22/154=11/77=1/7

1/7 is the lowest form

What should be done to these equations in order to solve a system of equations by elimination?

Answers

To solve the problem of a system of equations by elimination, we can start with both equations in standard form. Then we can decide which variable will be easier to eliminate.

How can we decide? We want to have the coefficients of any one of the variables be opposites so that we can put the equations together and eliminate that variable.

To solve a simultaneous equation by using the elimination method, you eliminate any one variable first.

Before you can do that, the coefficient of one of the variables in the two equations must be the same.

From the given questions, for the coefficient of one variable in the two equations to be the same, we multiply the first equation by 3.

If we can do this, the coefficient of Y in the two equations will now be 3.

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PLEASE HELP ME ASAP!!!!!!!

At a carnival, Diana sees a balloon shooter game. The ticket cost is $3. The rule is that the first person to shoot 10 balloons from a total 30 balloons wins $10. What is the expected payoff for the winner?

Answers

Answer:

$13

Step-by-step explanation:

The expected payoff for the winner would be the ticket cost, $3, plus the prize money, $10, which totals $13. This is the expected value of playing the game. However, it's important to note that this does not guarantee that the winner will receive exactly $13, as the outcome of the game is dependent on chance and the player's skill. There is always a chance that the player could win more or less than the expected value.

How to do log2 in Excel?

Answers

The syntax for using BASE in Excel is "=LN(number,base)" where "number" is the number for which you want to calculate the logarithm and "base" is the base to which the logarithm should be calculated.

For example, if you want to calculate the logarithm of 10 to the base 2, you would use the formula "=LN(10,2)".

The idea is to express the given integer (20) in terms of either the base or the values given (3 and 5).

Next, since we have the multiplication sign, we use the addition law:

The power of the number becomes the product of the log, so we have:

When you have the same base and number, the result is always 1.

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How do you find the midpoint answer?

Answers

To find the midpoint of two points in a coordinate plane, you can use the midpoint formula.

The midpoint formula is the average of the x-coordinates and the average of the y-coordinates of the two given points.

The midpoint formula is:

((x1 + x2)/2 , (y1 + y2)/2)

where (x1, y1) and (x2, y2) are the coordinates of the two points.

For example, if the two points are (3, 4) and (5, 8), the midpoint would be:

((3 + 5)/2 , (4 + 8)/2) = (4, 6)

So the midpoint between (3, 4) and (5, 8) is (4, 6).

It's important to note that this formula is valid for any dimension, not just 2D, and it can be used to find the midpoint of any two points in space, whether it's in 2D, 3D, 4D and so on.

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I need to factor completely to get an answer for
r²+3r-28
I need to get factors in parenthesis like (r +/- #) (r +/- #)
I need it before tomorrow

Answers

Answer:

(r + 7)(r - 4) = 0

Step-by-step explanation:

r² + 3r - 28 = 0

(r + 7)(r - 4) = 0

r = -7, 4

1/4 Ib = ? oz
I don’t understand how the fraction can be turned into the answer , I know you have to multiply or divide but I just do not understand this question

Answers

Answer: 1/4 pound (lb) is equal to 4 ounces (oz).

This is because there are 16 ounces in one pound, so you can divide a pound into 16 equal parts, and each part is one ounce. Similarly, you can divide a pound into 4 equal parts , and each part is 1/4 pound. So in order to convert 1/4 pound to ounces, you can multiply 1/4 by 16.

1/4 lb * 16 oz/lb = 4 oz

When converting units, you are essentially multiplying or dividing by a conversion factor. In this case, the conversion factor is 16 oz/lb which tells you that there are 16 ounces in one pound. This factor allows you to convert between pounds and ounces by multiplying or dividing by it.

It's important to pay attention to the units in the conversion factor when using them. Here, the numerator and denominator of the conversion factor have the same unit, but it's not always the case. And the conversion factor helps to cancel out the unwanted unit and yield the desired unit in the end.

Step-by-step explanation:

1. Is the following a function?
2. Write a function that represents the following description:
“After 8 hours, a person earned $148 in wages”
3. Let f(x)=x and g(x)=x-13
Find (f+g)(9)
4. Paige is paying off her car loan. The function that models how much she has left to pay is P(m) = 6000 -300m where m is the number of months since Paige took out the loan. What was the original amount of her loan?

Answers

a) The given relation is function.

b) The function is, $x = 18.5 y

c) The value of (f+ g)(9) is 5.

d) The he original amount of her loan is 6000.

What is Linear Function?

A function with one or two variables and no exponents is referred to as a linear function. It is a function with a straight line as its graph.

Given:

a) The given relation is function because is input have have output, no two outputs have same input.

b) After 8 hours, a person earned $148 in wages.

So, the unit rate change = 148/ 8

                                        = 18.5

So, if y represents the number of hour and $x the wages, then the function is $x = 18.5 y.

c)  Let f(x)=x and g(x)=x-13

(f+ g)(9)

= (x+  x-13) (9)

= 2x -13

= 2(9)- 13

= 5

d) The modeled function. P(m) = 6000 - 300m.

so, the original amount of her loan is 6000.

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The ages of the players of the junior football team in years are 11,11,13,13,12,13,11,12,10,13 find the median age

Answers

Answer:

12

Step-by-step explanation:

11, 11, 13, 13, 12, 13, 11, 12, 10, 13

Put the numbers in ascending (increasing) order.

10, 11, 11, 11, 12, 12, 13, 13, 13, 13

If there is an odd number of numbers, the median is the number in the middle.

There are 10 numbers which is an even number of numbers.

For an even number of numbers, the median is the mean of te two middle numbers.

10, 11, 11, 11, 12, 12, 13, 13, 13, 13

The two middle numbers are 12 and 12.

The mean of 12 and 12 is (12 + 12)/2 = 12

Answer: 12

  PLS PLS HELP ASAP!!! ILL GIVE BRAINIEST AND 50 POINTS!!!

Identify or mark the missing side or angle that would make triangle ABC congruent to triangle PDF by AAS. Explain why it’s the missing side or angle.

Answers

Answer:

Mark angles C and F as congruent.

Step-by-step explanation:

Angle-Angle-Side (AAS) Congruence Theorem

If any two angles and the non-included side of one triangle are congruent to the corresponding parts of another triangle, the triangles are congruent.

The given triangles have one corresponding angle and one corresponding side marked as congruent.  

To satisfy AAS congruency, another pair of corresponding angles need to be marked as congruent.  

As an included side is the side between two angles, we cannot mark angles A and P as congruent, as this would not satisfy AAS congruency since sides AB and PD would be the included sides.  

Therefore, to make triangle ABC congruent to triangle PDF by AAS, mark angles C and F as congruent.

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