To pay for a home improvement project that totals $16,000, Genesis is choosing between taking out a simple interest bank loan at 8% for 3 years or paying with a credit card that compounds monthly at an annual rate of 15% for 7 years. Which plan would give Genesis the lowest monthly payment?

A) The monthly credit card payment would be $511.11, which is lower than the monthly payment on the bank loan.
B) The monthly payment on a bank loan would be $480, which is lower than the monthly credit card payment.
C) The monthly payment on a bank loan would be $551.11, which is lower than the monthly credit card payment.
D) The monthly credit card payment would be $540.78, which is lower than the monthly payment on the bank loan.

Any explanation would be greatly appreciated as well! <3

Answers

Answer 1

The plan that would give Genesis the lowest monthly payment is D. The monthly credit card payment would be $540.78, which is lower than the monthly payment on the bank loan.

How to calculate the payment?

From the information, the home improvement project that totals $16,000, and Genesis is choosing between taking out a simple interest bank loan at 8% for 3 years.

The simple interest earned will be:

= Principal × Rate × Time / 100

= (16000 × 8 × 3)/100

= $551.11

The compound interest will be:

A = P(1 + r/n)^nt

A = accumulated amount

P = amount deposited

r = rate

n = times of compound per year

t = years

This will be:

A = 16000(1 + 0.15/12)^(12×7)

A = $540.78

Therefore the correct option is D.

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Related Questions

simplify each expression x = 2x + 48

(please its for today

Answers

x=2x+48
x-2x=48
-x=48
x= -48

Please brainliest

the width of bolts of fabric is normally distributed with mean 951 mm (millimeters) and standard deviation 10 mm. (a) what is the probability that a randomly chosen bolt has a width between 942 and 959 mm? (round your answer to four decimal places.) (b)

Answers

The probability that a randomly chosen bolt has a width between 942 and 959 mm is 0.647.

Define probability.

The area of mathematics known as probability explores potential outcomes of events as well as their relative probabilities and distributions. A probability is a numerical representation of the likelihood or chance that a specific event will take place. Both proportions ranging from 0 to 1 and percentages ranging from 0% to 100% can be used to describe probabilities. Information about the possibility that something will happen is provided by probability. For instance, meteorologists use weather patterns to forecast the likelihood of rain. Probability theory is utilized in epidemiology to comprehend the connection between exposures and the risk of health outcomes.

Given,

The width of bolts of fabric is normally distributed with mean 951 mm (millimeters) and standard deviation 10 mm.

Z = X - 951/10 ≈ N(0.1)

P(942 ≤ X ≤ 959)

P(942 - 951/10 ≤ X - 951/10 ≤ 959- 951/10)

P( -0.9 ≤ Z ≤ 0.8)

P(Z ≤ 0.8) - P(Z ≤ -0.9)

∅(0.8) - (1 - ∅(0.9))

∅(0.8) + ∅(0.9) - 1

0.788 + 0.859 - 1

0.647

The probability that a randomly chosen bolt has a width between 942 and 959 mm is 0.647.

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PLEASE ANSWER
What are the coordinates of the point that is one half the distance between A(−1, −2) and B(6, 12)?


( , )

Answers

This is called the midpoint = ((-1 + 6)/2 , (-2 + 12)/2) = (5/2 , 10/2) = (2.5 , 5)
Find the average of the x and y coordinates separately

Figure E is dilated from point D, the center of dilation

Answers

The figure that is a dilation of figure E is the figure F

What is dilation?

Dilation involves enlarging or reducing the side length of a shape to create another shape by a constant scale factor, where the scale factor does not equal one.

How to determine the dilated figure?

The graph represents the given parameter

From the figure, we have the original shape to be figure E

The center point of figure E is the origin

This means that a line drawn from the origin that passes through point E must pass through the same point on the shape

From the figure, the line passes through the same point on figure E and F

Hence, figure F is a dilation of figure

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-13-7=
+
?
Write as addition.

Answers

I think this is the correct answer:
-13+(-7)

Answer:

As addition: -13+(-7)=-20

Given the relation {(3,4),(-2,1),(0,6),
(5,-3)), what is the domain of the
relation?

Answers

Answer:

Domain: {-2, 0, 3, 5}

Step-by-step explanation:

The domain is the list of possible inputs

NEED HELP PLEASE AS FAST AS YOU CAN

Answers

Answer:

3.87

Step-by-step explanation:

b =

[tex] \sqrt{8 ^{2} -7 ^{2}} [/tex]

Rich is attending a 4-year college. As a freshman, he was approved for a 10-year, federal unsubsidized student loan in the amount of $7,900 at 4.29%. He knows he
has the option of beginning repayment of the loan in 4.5 years. He also knows that during this non-payment time, interest will accrue at 4.29%.
If Rich decides to make no payments during the 4.5 years, the interest will be capitalized at the end of that period.

a. What will the new principal be when he begins making loan payments?

b. How much interest will he pay over the life of the loan?

Answers

a) The new principal (principal + capitalized interest) when Rich begins making loan payments will be $9,425.10.

b) The total interest that Rich will pay over the life of the loan is $4,914.20.

How is interest on student loans determined?

The interest on student loans is based on simple interest.

The only interest capitalized is the interest during the non-payment period if the student does not pay the interest.

Some students elect to pay the interest during the non-payment period to reduce the capitalized interest and principal during the payment period.

Capitalization refers to the addition of interest to the principal amount.

Period of student loan = 10 years

The amount of the federal unsubsidized student loan = $7,900

Interest rate = 4.29%

Capitalized interest during the non-payment time = $1,525.10 ($7,900 x 4.29% x 4.5)

New principal when Rich begins making loan payments = $9,425.10 ($7,900 + $1,525.10)

Total interest for loan = $4,914.20 ($7,900 x 4.29% x 14.5)

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Calculate the distance around a triangle whose sides are :

Answers

The distance around the triangle is equivalent to 13x/12.

What is triangle?

A triangle is a polygon with three edges and three vertices. The sum of all the angles of a triangle is 180 degrees. Mathematically -

∠x + ∠y + ∠z = 180°

The sum of two sides of a triangle is greater then the third side. Mathematically -

a + b > c

There are different types of triangles such as -

equilateral triangle , scalene triangle , isosceles triangle etc.

Given are the sides of triangle as x/2, x/3, x/4

The distance around the triangle is equivalent to perimeter of triangle. We can write perimeter as -

P = x/2 + x/3 + x/4

P = (6x + 4x + 3x)/12

P = 13x/12

Therefore, the distance around the triangle is equivalent to 13x/12.

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please help!!!!! math functions​

Answers

Answer:

A and C

Step-by-step explanation:

For every x value, there should be at most 1 y value.

B and D violate that constraint.

6. Find the distance between each pair of points. Then order each line segment from longest to shortest.
a. A(−6, 1), B(−1, 6)
c. E(2,7), F(4, -2)
e. J(−4, −2), K(1, −5)
b
C(-5, 8), D(5,8)
d. G(7,3), H(7,−1)
f. L(3, -8), M(7, −5)

Answers

Using the distance formula, the order of each line segment from longest to shortest is b→c→a→e→f→d.

What is the distance Formula?The formula for the distance(d) , between two points whose coordinates are (x₁ ,y₁) and (x₂, y₂) is:

Distance Formula: d = √[(x₂ - x₁)² - (y₂ - y₁)²]

Now, calculate the distance using the distance formula as follows:

(A) The distance between A and B is:

d = √(-1-(-6))²+(1-6)²)d = √5² + 5²d = √50

(B) The distance between C and D is:

d = √[(5 -(-5))²+ (8-(8))²]d = √10² + 0d  = 10

(C) The distance between E and F is:

d = √[(4-2)²+ ((-2)-7)²]d = √2² + 9²d = √85

(D) The distance between G and H is 2.

(E) The distance between J and K is:

d = √ [(1-(-4))² + (-5-(-2))²]d = √5² + 3²d = √34

(F) The distance between L and M is:

d = √[(7-3)²= (-5-(-8))²]d = √4² +  3²d  = 5

Hence, the distance using the distance formula is:

(A) The distance between A and B is √50.(B) The distance between C and D is 10.(C) The distance between E and F is √85.(D) The distance between G and H is 2.(E) The distance between J and K is √34.(F) The distance between L and M is 5.

Therefore, using the distance formula, the order of each line segment from longest to shortest is b→c→a→e→f→d.

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line that passes through the point (8,−3) and has a slope of 1/4

Answers

The equation of line having a slope of 1/4 which passes through point (8,-3) is y = (1/4)x - 5.

What is the equation of line with the given point and slope?

The equation of line is expressed as;

y = mx + b

Where m is slope and b is y-intercept.

Given the data in the question;

Point (8, -3 )

x = 8y = -3Slope m = 1/4

Determine the y-intercept 'b'.

Substitute the point and slope into the equation of line formula and solve for b.

y = mx + b

-3 = (1/4)(8) + b

-3 = 8/4 + b

-3 = 2 + b

b = -3 - 2

b = -5

Now, substitute slope and y-intercept into y = mx + b to determine the equation of the line.

y = mx + b

y = (1/4)x + (-5)

y = (1/4)x - 5

Therefore, the equation of the line is y = (1/4)x - 5.

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Write a letter to your friend wishing him success

Answers

Answer:

Hello _____,

You are a pig, a fatty, a dunce, and a monkey. Also, you smell like a diseased pustule on the butt of a wildebeest.

Cordially,

_____

Step-by-step explanation:

Simplify these pls I’ll brainlist.

1) 3b (b+4) - 4 (b-5)

2) 12(3y + 6)

Answers

Final answer: 3[tex]b^{2}[/tex] + 8b + 2

12(3y + 6) = 12 x 3(y + 2) // Factor out 12 = 36(y + 2) // Simplify the multiplication Final answer: 36(y + 2)

What is equation?

An equation is a statement that two mathematical expressions are equal. It consists of two expressions separated by an equal sign (=), where one expression is on the left side and the other expression is on the right side of the equal sign. An equation represents a balance or equivalence between the two expressions, and it can be solved for the unknown variable(s) by applying mathematical operations to both sides of the equation.

Given by the question.

3b (b+4) - 4 (b-5)

= 3[tex]b^{2}[/tex] + 12b - 4b + 20 // Distribute the terms.

= 3[tex]b^{2}[/tex] + 8b + 20 // Simplify the like terms.

Final answer: 3[tex]b^{2}[/tex]+ 8b + 20

12(3y + 6)

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Use remainder theorem for x^3+8x^2+11x-20 by (x+4)

Answers

Answer:

x^3 + 64 + 11x - 20bxy - 80by

(if I am wrong, apologies)

Answer:

x^2+4x-5

Step-by-step explanation:

x^3+8x^2+11x-20/x+4=x^2+4x-5

What type of angles are labeled and what is the value of m? Show your work.

Answers

Answer:

see explanation

Step-by-step explanation:

m + 20 and 100 are vertically opposite angles and are congruent , then

m + 20 = 100 ( subtract 20 from both sides )

m = 80

The angles are vertically opposite angles and value of m is 80°

What is vertically opposite angles?

Vertically opposite angles are angles that are opposite one another at a specific vertex and are created by two straight intersecting lines.

Given two angles which are Vertically opposite to each others,

We know Vertically opposite angles are equal to each other, so,

m + 20° = 100°

m = 100° - 20°

m = 80°

Hence, the value of m is 80°

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Mr. fitzpatrick is taking his math class to see a pearl jam concert because they have worked so hard this week in class. he purchases 22 tickets for a total of $265. tickets cost $10 for students and $15 for adults. some students must pay adult prices because they are over 18 years of age. what are the number of student tickets purchased and the number of adult tickets purchased

Answers

Mr. Fitzpatrick bought 9 adult tickets and 13 children's tickets.

It is given that Mr. Fitzpatrick bought 22 tickets

The tickets collectively cost him $265

The student tickets cost $10 while adult tickets cost $15

Let the no. of adult tickets sold be x

Let the no. of children's tickets sold be y

Therefore we get the equations

x + y = 22                      [1]

15x + 10y = 265                      [2]

or, 5x + 10x + 10y = 265

or, 5x + 10(x + y) = 265

from equation [1] we get

5x + 220 = 265

or, 5x = 265 - 220

or, 5x = 45

or, x = 9

Therefore,

y = 22 - 9

= 13

Therefore he bought 9 adult tickets and 13 children tickets.

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Help me on this math problem pls

Answers

The quadratic inequality that will represent the parabola will be

y ≤ 2[tex]x^{2}[/tex] - 8x + 3

The given graph is a parabola where the mouth is open upwards. So from here we can clearly say that the coefficient of [tex]x^{2}[/tex] will be positive.

The vertex of the parabola  is given as (2 , -5) in the graph.

So let us put value of x in the inequations given to us.

first option is

y ≤ 2[tex]x^{2}[/tex] - 8x + 3

y ≤ 2*[tex]2^{2}[/tex] - 8*2 + 3

y ≤ 8 - 16 + 3

y ≤ -5

Therefore the quadratic inequality that will represent the parabola will be

y ≤ 2[tex]x^{2}[/tex] - 8x + 3

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Which system of equations is represented by the graph ?
A. y=x^2+2x+1
2x+y=2

B. y=x^2-2x+1
2x+y=2

C. y=x^2+2x+1
2x+y=2

D. y=x^2-2x+1
2x-y=2

Answers

option D, y=x^2-2x+1 , 2x-y=2 represents system of equations .

Given:

points (1,0) and (3,4)

line equation is y - y1 = m(x-x1)

y - 0 = 4-0/3-1(x - 1)

y = 2(x-1)

y = 2x - 2

2x - y =2.

The vertex of the given upward parabola is in the first quadrant so the coefficient of [tex]x^{2}[/tex]  must have positive values.

so y = [tex]x^{2} -2x+1[/tex]

Therefore option D y=x^2-2x+1 , 2x-y=2 is correct.

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An engineering technician makes $25 an hour for the first 40 hours she works
during a week and $32 an hour for each hour over 40 hours. Which piecewise
equation models her total weekly pay y in dollars as it relates to the number
of hours x that she has worked during the week?
O A. y=
O C. y =
(25x
132(x-40)+1000
OB. y=-
OD. y=
[25x
132x+1000
(25x
(32(x-40)
(25x
132x
0≤x≤ 40
x> 40
0≤x≤ 40
x> 40
0≤x≤ 40
x> 40
0≤x≤ 40
X> 40
SUBMIT

Answers

The Piecewise Function be

                      25x                                 when x < 40

y =

                   1000+32(x-40)                   when x > 40

Given, an engineering technician makes $25 an hour for the first 40 hours she works.

and $32 an hour for each hour over 40 hours.

Let the number of hours be x and her total weekly pay in dollars be, y

then the piecewise function,

                      25x                                 when x < 40

y =

                   1000+32(x-40)                   when x > 40

Hence, the piecewise function be

                      25x                                 when x < 40

y =

                   1000+32(x-40)                   when x > 40

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Solve the following equation for y. 3y - 7(y + 5) = y - 35 Also Show your work Describe and show each step taken.
A. y = 0

B. y = 1

C. y = 2

D. All real values for y are correct solutions.

Answers

The answer and explanation attached in image

Answer:

a) y = 0

Step-by-step explanation:

Given equation,

→ 3y - 7(y + 5) = y - 35

Now the value of y will be,

→ 3y - 7(y + 5) = y - 35

→ 3y - 7y - 35 = y - 35

→ -4y - y = -35 + 35

→ -5y = 0

→ y = 0/-5

→ [ y = 0 ]

Hence, the value of y is 0.

PLEASE HELP QUICK (no links pls)

Answers

The total length of the sari Divya make is 6 yards, so option A is correct.

What is rectangle?

Four sides, four corners, and four right angles (90°) make up the enclosed 2-D shape known as a rectangle. A rectangle has opposite sides that are parallel and equal. A rectangle has length and width because it is a two-dimensional form. The length of a rectangle is its longer side; its breadth is its shorter side.

Given:

The length of saris Divya can make = 6 yards,

As the graph is showing,  to make a sari Divya required 6 yards of fabric,

Therefore, the total length of the sari Divya make is 6 yards.

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the graph of a lnear function passes through the point (-2, -7). When the input increses by 3 the value of the function increses by 8. what is the equation that models the function

Answers

The equation that models the function is y = 8/3(x) - 5/3.

Given:

The graph of a linear function passes through the point (-2, -7).

When the input increases by 3 the value of the function increases by 8.

(x,y) = (x+3,y+8)

(-2,-7) = (-2+3,-7+8)

= (1,1)

slope between (1,1) and (-2,-7) is m = -7-1/-2-1

= -8/-3

m = 8/3.

substitute m in y = mx + c

y = 8/3(x)+c

substitute (-2,-7)

-7 = 8/3(-2) + c

-7*3 = -16 + 3c

-21+16 = 3c

-5 = 3c

c = -5/3

y = 8/3(x) - 5/3.

Therefore the equation that models the function is y = 8/3(x) - 5/3.

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AWNSER PLSS !How can a negative number be written in scientific notation?

Answers

Scientific notation is NEVER used for a negative number. An extremely small negative number can borrow the scientific notation to shorten its writing, but the concept of "scientific notation" is just for a positive number of the value of the real things in the REALITY!

Evaluate the expression and enter your answer in the box below.
|34|

Answers

Answer:

34

Step-by-step explanation:

Absolute value means the distance from 0. So the absolute value of 34 is just 34.

Which angles are congruent to <5

Answers

Answer:

1, 3, 7 (<5 is also congruent to <5, but this is not a choice.)

Step-by-step explanation:

The angles congruent to <5 are:

<1 by corresponding angles.

<3 by alternate interior angles.

<7 by vertical angles.

<5 by the theorem: congruence of angles is reflexive.

a school is organizing a weekend trip to a nature preserve. for each student, there is a $60 charge, which covers food and lodging. there is also a $40 charge per student for the bus. the school must also pay a $30 cleaning fee for the bus. if the total cost of the weekend is $4,030, how many students will be going on the trip?

Answers

Using the concept of linear equation in one variable, it is concluded that the total number of students who will go on the trip are 40.

What is a linear equation in one variable?

An equation that contains only one variable and has its degree one is called a linear equation in one variable. The general form of linear equation in one variable is ax + b = 0, where a and b are real numbers and a ≠ 0.

Given that food and lodging charge per student = $ 60

Charge per student for bus = $ 40

And the amount paid for the cleaning fee for the bus = $ 30

Let the total number of students who are going on the trip = x

Now, the Total charge for food and lodging = $60x

The total charge for bus fare = $ 40x

Given that total cost paid = $ 4030

Hence, $60x + $40x + $30 = $4030

$100X = $4030 - $30

$100X = $4000

x = 40

Hence, the total number of students who will go on a trip is 40.

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Select all equations that are equivalent to
(6x + 2)
3
-=2(3x +14)
(Select all that apply.)
(6x + 2)
3
(6x + 2) = 2 (3x+14)
2x+3=2-(3x +14)
=-3x-12
6x + 2 = -9x-36
(6x + 2)
3
= -3x+16

Answers

Using simplification, the equations that are equivalent to [tex]\frac{(6x+2)}{3} =2-(3x+14)[/tex] are [tex]\frac{(6x+2)}{3 } = -3x-12[/tex] and 6x + 2 = -9x - 36

What are equivalent equation?

Two systems of equations are equivalent if they have the same solution(s)

In a simpler term, two equations are equivalent if they have the same solution.

Therefore, let's simplify the equation to find the equivalent solutions.

[tex]\frac{(6x+2)}{3} =2-(3x+14)[/tex]

let's open the brackets of the right side of the equation.

[tex]\frac{(6x+2)}{3}=2-(3x+14)[/tex]

[tex]\frac{(6x+2)}{3} = 2-3x-14[/tex]

[tex]\frac{(6x+2)}{3 } = -3x-12[/tex]

Therefore, let's cross multiply

6x + 2 = 3(-3x - 12)

6x + 2 = -9x - 36

Therefore, the equivalent equation are as follows:

[tex]\frac{(6x+2)}{3 } = -3x-12[/tex]6x + 2 = -9x - 36

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Write the equation for the following relation. P = {(x, y): (1, 0), (2, 4), (3, 8), (4, 12), . . .}

Answers

The equation of the relation x and y is y = 4x  - 4

How to represent linear equation?

The relation follows a linear pattern. Therefore, the relationship is linear.

A linear relationship can be represented in different form such as slope intercept form and point slope form.

Let's represent the equation in slope intercept form.

y = mx + b

where

m = slopeb = y-intercept

Therefore,

m = 4 - 0 / 2 - 1

m = 4 / 1

m = 4

Therefore, let's find the y-intercept using (1, 0)

y = 4x + b

0 = 4(1) + b

b = -4

Therefore, the equation is y = 4x - 4

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Ibram got a job selling bags of peanuts at the local fairground. He is paid a fixed amount of $340 per week plus $0.84 per item sold. This is represented by the equation P = 0.84 + 340 where P is the amount he is paid for the week and n is the number of bags of peanuts he sold. How much will Ibram be paid if he sells 380 bags of peanuts? If Ibram sells 380 bags of peanuts, he will earn S How many bags of peanuts did Ibram sell if he earned $1,087.60? for the week. If Ibram has earned $1,087.60, he sold bags of peanuts.

Answers

Answer:

Assuming the bags sold were for 1 week period.

1.  $659.20 for 1 week and 380 bags of peanuts

2. 890 bags

Step-by-step explanation:

The equation is missing the variable, n (the number of bags sold).  I'll take the liberty to add it after the $0.84/bag term, where it belongs:

    P = 0.84n + 340

The 340 is $340/week.  n must be in units of "bags/week."

1.  How much will Ibram be paid if he sells 380 bags of peanuts?

   P = $0.84n + $340

n = 380 bags (we will assume in 1 week).

   P = $0.84n + $340

   P = $0.84(380) + $340

   P = $659.20

2.  How many bags of peanuts did Ibram sell if he earned $1,087.60?

  P = $0.84n + $340

   P = $1087.60

   $1087.60 = $0.84n + $340

      $1087.60 - $340 = $0.84n

      $0.84n =  $1087.60 - $340

      $0.84n =  $747.60

 n = 890 bags  ( ! - I'm impressed)

Other Questions
Fe(s) + O2(g) FeO3(s) Which of the following sentences from the article shows that history can inform the decisions of leaders? What ideas are suggested here as motives behind the womens rights movement of the antebellum period? (List) A man has 25 coins in His pocket all of which are dimes and quarters. If the total value of his change is 475 cents, how many dimes and how many quarters does he have 13. The type of building that can be built in an area would be covered inO A. building permits.O B. deed restrictions.O C. sales contracts.O D. zoning restrictions. warren corporation is interested in a three-year, 11% annual coupon bond. a broker quotes a price of $930.35. what is the yield to maturity?multiple choice10% a certain automobile of mass 1470 kg travels on a german autobahn at 150 km/h. what is the wavelength of the automobile? answer in units of m What did the Roman holiday of Lemuralia and the Japanese holiday of Setsubun have in common? What is the first thing you should do as a coach when one of your students has sustained a bump or blow to the head or body and isnt acting right?. Electromagnetic radiation travels in the form ofA. a hydrogen atomB. a straight lineC. a photon thisD. a quark Alonso went to the store to buy some almonds. The price per pound ofthe almonds is $7.25 per pound and he has a coupon for $3.50 off thefinal amount. With the coupon, how much would Alonso have to pay tobuy 5 pounds of almonds? Also, write an expression for the cost to buyp pounds of almonds, assuming at least one pound is purchased. Given the equation F(x)=3x-1 what is f(x+9)? people enter a gambling casino at a rate of 1 every 2 minutes. (a) what is the probability that no one enters between 12:00 and 12:05? (b) what is the probability that at least 4 people enter the casino during that time? A sailboat ends up 7 miles to the west of a pier. Which statement is true about this situation? (1 point)It describes displacement, which is a vector quantity.It describes distance, which is a scalar quantity.It describes distance, which is a vector quantity.It describes displacement, which is a scalar quantity. Question on photoA. 16B. 29C. 27D. 21 Identify and evaluate the imagery and figurative language used in the poem Tattoo by Gregg Shapiro and how it relateto the meaning of the poem. A soccer coach is working with a device that measures the velocity of a soccer ball after it hasbeen kicked.Which units should the coach use for velocity?Choose 1 answer:meters per secondkilogramsmeters I need help finding S please help fast Sorrel has 54 beads, and 16 of them are red. Of the remaining beads, half are yellow and half are green. How many yellow beads does she have? The reaction of 50 mL of gas with 150 mL of gas to form ammonia via the equation:N (g) + 3H (g) -----> 2NH (g)will produce __________ mL of ammonia if pressure and temperature are kept