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A man has $10000 to invest. He invests$4000 at 5% and 3500 at 4%. In order to have a yearly income of $500, he must invest the remainder at ---?
A man has $10000 to invest. He invests$4000 at 5% and 3500 at 4%. In order to have a yearly income of $500, he must invest ...
A man has $10000 to invest. He invests$4000 at 5% and 3500 at 4%. In order to have a yearly income of $500, he must invest the remainder at ---?
A man has $10000 to invest. He invests$4000 at 5% and 3500 at 4%. In order to have a yearly income of $500, he must invest the remainder at ---?
P is your car loan principal = $25000, Math Discussion Post help
Choose a concept and give a real-world example of when it would be useful. Choose one of the consumer math concepts d ...
P is your car loan principal = $25000, Math Discussion Post help
Choose a concept and give a real-world example of when it would be useful. Choose one of the consumer math concepts discussed in the chapter and explain where it would be useful and give a sample calculation (DO NOT select Car Payments as there is an example below using that concept).Calculating the monthly payment of a loan or credit cardTotal amount of money paid for a loanMonthly payment of a mortgageThe amount of interest paid for a loan.EXAMPLE:There are many practical applications for the concepts and formulas discussed in the Consumer Math chapter.The concepts include calculating the monthly payment of a loan or credit card,total amount of money paid for a loan, monthly payment of a mortgage, and the amount of interest paid for a loan. Pick one of the concepts discussed in this chapter and give a real-world example of when it would be useful.A real life example of consumer mathwould be calculating monthly car payments. A car payment is calculatedusing the price of the car (the principal), the interest rate, and number ofmonthly payments (how long you plan to finance the car). For example, ifyou plan to finance a $25,000 car, with an interest of 6%, for 3 years, here ishow the monthly payment would be calculated:(P x (i / 12)) / (1 - (1 + i / 12)-n) = monthly carpaymentP is your car loan principal = $25000i is your interest rate = 0.06n is the number of monthly payments = 36After plugging in the information and solving your monthly payment comes to:($25,000 x (6% / 12)) / (1 - (1 + 6%/ 12)-36) == (25,000 x (0.06 / 12)) / (1 - (1 +0.06 / 12) -36) == (25,000 x 0.005) / (1 - (1 +0.005) -36) == $760.55
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Mean,Median,ModeFor Exercise1, Questions 8 & 10 do histogram and Polygon instead of stem leaf display. All t ...
Mean,Median,Mode, Statistics MATH016 help
Mean,Median,ModeFor Exercise1, Questions 8 & 10 do histogram and Polygon instead of stem leaf display. All the pictures have the questions and the tables in order to solve them.Homework must be done in PDF or Word.doc
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