The value of a brand new car is $27,000 and the value depreciates 23% every year. Write a function to represent the value of the car after t years, where the monthly rate of change can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of change per month, to the nearest hundredth of a percent.

The Value Of A Brand New Car Is $27,000 And The Value Depreciates 23% Every Year. Write A Function To

Answers

Answer 1

[tex]27000(0.77^t)[/tex]and the percentage rate of change per month is 3.13%.

What is the percentage rate?

The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.

Here, we have

The value of a brand-new car is $27,000 and the value depreciates 23% every year.

we have to write a function to represent the value of the car after t years.

The coefficient of the function is 0.77

To find the rate of change per month, we need to find the rate at which the value of the car is decreasing each month.

we can use the rule of 72

72/r = t where r is the rate of change per month

r = 72/t

[tex]r = 72/23 = 3.13[/tex] (approx)

So the percentage rate of change per month is 3.13%

Hence, The function to represent the value of the car after t years is V(t) = [tex]27000(0.77^t)[/tex] and the percentage rate of change per month is 3.13%.

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Related Questions

a student's grades in a history class are shown in the histogram. which statement best describes the spread and distribution of the data? the data is almost symmetric, with a maximum range of 59. this might be because the topic is easily understood by the students. the data is skewed, with a maximum range of 59. this might be because the teacher offered extra credit, and most of the students did that to increase their grades above 70. the data is bimodal, with a maximum range of 59. this might be because students either did not understand and earned less than 51, or they knew the topic well and earned higher than 90. the data is symmetric, with a maximum range of 59. this might be because the topic was very difficult for the students and most of them earned lower grades.

Answers

The data is bimodal, with a maximum range of 59.

This might be because students either did not understand and earned less than 51, or they knew the topic well and earned higher than 90.

Using the following terms: a student's grades in a history class are shown in the histogram.

Which statement best describes the spread and distribution of the data:

The data is almost symmetric, with a maximum range of 59.

This might be because the topic is easily understood by the students.

The data is skewed, with a maximum range of 59.

This might be because the teacher offered extra credit, and most of the students did that to increase their grades above 70.

The data is bimodal, with a maximum range of 59.

This might be because students either did not understand and earned less than 51, or they knew the topic well and earned higher than 90.

The data is symmetric, with a maximum range of 59.

This might be because the topic was very difficult for the students, and most of them earned lower grades.

The correct answer to this question is the data is skewed, with a maximum range of 59.

This might be because the teacher offered extra credit, and most of the students did that to increase their grades above 70.

Skewness refers to a condition in which the data is not symmetrical.

When data is skewed, it indicates that the majority of the data lies on one side of the graph, while the other side is either empty or has a small amount of data.

A histogram with a peak and a long tail is referred to as a positively skewed histogram, indicating that most of the data is on the left side of the graph.

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Which equation shows an example of the associative property of addition?
a .(–4 + i) + 4i = –4 + (i + 4i)
b. (–4 + i) + 4i = 4i + (–4i + i)
c. 4i × (–4i + i) = (4i – 4i) + (4i × i)
d. (–4i + i) + 0 = (–4i + i)

Answers

a . (–4 + i) + 4i = –4 + (i + 4i).The associative property of addition states that the grouping of the numbers being added does not change their sum.

In option (a), the expression on the left-hand side can be grouped as (–4 + i) + 4i, and the expression on the right-hand side can be grouped as –4 + (i + 4i). Both expressions result in the same sum of –4 + 5i. Therefore, option (a) demonstrates the associative property of addition.

The associative property of addition is a mathematical property that states that the grouping of the numbers being added does not affect their sum. In other words, when adding three or more numbers, the order in which the numbers are grouped for addition does not affect the result. Mathematically, the associative property of addition can be expressed as:

(a + b) + c = a + (b + c)

This property holds for any real numbers a, b, and c. The associative property of addition is a fundamental property of arithmetic and is used extensively in algebraic manipulations to simplify expressions and solve equations.

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Please help me with this question TT. I really don’t understand…

Answers

Answer:

Step-by-step explanation:

i)

(x+1)(7-x) = (x+1)(-x+7) = -x² + 6x + 7

standard form:  y = -x² + 6x + 7

for the vertex form you have to find the coordinates of the vertex (h, k):

a = -1, b = 6, c = 7

h = -b/2a = -6/2(-1) = 3

k = ah² + bh + c = -1(3)² + 6(3) + 7 = 16

vertex form:  y = a(x-h) + k

y = -1(x - 3) + 16

ii)

Dimensions of the largest rectangle that can be made are:

Plug in maximum value of x, x = 3

x + 1 = 3 + 1 = 4

7 - x = 7 - 3 = 4

largest rectangle is 4 x 4 = 16

Find the mean of each set of numbers. Round
answers to the nearest tenth.
23, 32, 13, 12, 33, 22, 30

Answers

Answer: 23.6 (rounded to the nearest tenth)

Step-by-step explanation:

<7+m<6=200 appropriate theorem

Answers

The appropriate theorem used to solve this inequality is the subtraction property of inequalities, which states that if a < b, then a - c < b - c for any real number c. In this case, we subtracted 7 from both sides of the inequality to isolate m.

What is the inequalities theorem?

It says   [tex]"7+m < 6=200"[/tex] which has an equal sign in between 6 and 200, which does not make sense. I will assume that the inequality you meant to provide is:

[tex]7+m < 6[/tex]

To solve this inequality, we want to isolate m on one side of the inequality. We can do this by subtracting 7 from both sides:

[tex]7 + m - 7 < 6 - 7[/tex]

Simplifying the left-hand side and the right-hand side, we get:

[tex]m < -1[/tex]

Therefore, the solution to the inequality  [tex]7+m < 6[/tex] is:

m < -1

We can verify this solution by plugging in a value of m that is less than -1, such as -2, into the original inequality:

[tex]7 + (-2) < 6[/tex]

Simplifying the left-hand side, we get:

[tex]5 < 6[/tex]

This is true, so the solution m < -1 is valid.

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The given question is incomplete. Complete question is given below:

Solve the inequality 7+m<6=200 using the appropriate theorem.

You are planning to use a ceramic tile design in your new bathroom. The tiles are blue-and-white equilateral triangles. You decide to arrange the blue tiles in a hexagonal shape as shown. If the side of each tile measures 7 centimeters, what will be the exact area of each hexagonal shape?

Answers

Using the area formula of the triangle, we know that the area of the hexagonal shape tile is 21 cm² respectively.

What is a hexagon?

A hexagon is a six-sided polygon in geometry.

Any simple hexagon has 720° of internal angles in total.

In geometry, a hexagon is a six-sided polygon.

Each internal angle and the side length of a regular hexagon are both 120 degrees.

Hexagon is one of many nouns in science and mathematics that has Greek roots.

The concept of a six-sided shape is derived from the Greek word hexágnon, where the word gonia mean "angle."

This makes sense because a hexagon includes not only six sides, but also six angles, or vertices.

So, we know we have equilateral triangles:

Area = 1/2 * base * height

Insert values as follows:

Area = 1/2 * base * height

Area = 1/2 * 7 * 7

Area = 1/2 * 49

Area = 24.5 cm²

Then, the area of the hexagonal tile:

24.5 * 6 = 147 cm²

Then, 147/7 = 21 cm²

Therefore, using the area formula of the triangle, we know that the area of the hexagonal shape tile is 21 cm² respectively.

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Paula invited some friends to dinner, and she plans to make fajitas. At the grocery store, she spends $2.56 on red bell peppers and $1.92 on green bell peppers. If both types of bell peppers cost $1.60 per pound, how many total pounds of bell peppers does she buy?

Answers

We must first determine the total price of the bell peppers in order to determine the number of pounds Paula purchased. Paula bought a total of   [tex]2.8[/tex] pounds of bell peppers.

What is the total cost?

To determine the total pounds of bell peppers Paula bought, we first need to find the total cost of the bell peppers.

The cost of the red bell peppers is $2.56 and the cost of the green bell peppers is $ [tex]1.92[/tex] , so the total cost of both types of bell peppers is:

$ [tex]2.56[/tex] + $ [tex]1.92 =[/tex]$ [tex]4.48[/tex]

Since both types of bell peppers cost $[tex]1.60[/tex] per pound, we can use this information to find the total weight of the bell peppers.

Let x be the total weight of the bell peppers. Then we can set up the following equation:

$ [tex]1.60\times =[/tex]$[tex]4.48[/tex]

To solve for x, we divide both sides by $[tex]1.60[/tex]:

[tex]x = $4.48 / $1.60[/tex]

[tex]x = 2.8[/tex]

Therefore, Paula bought a total of   [tex]2.8[/tex] pounds of bell peppers.

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Answer:   2.8 pounds of bell pepper bought by Paula

Step-by-step explanation:

Given that :

At the grocery store, the amount spent by Paula :

The amount spent on red bell pepper =  $2.56

The amount spent on green bell pepper = $1.92

the total amount spent = $2.56+$1.92 = $4.48

If both the bell peppers are at  $1.60 per pound, then the total pounds of bell pepper Paula bought

= $4.48/ $1.60

= 2.8 pounds

Solution:

Therefore the number of pounds of bell pepper bought by Paula is 2.8.

Help please !!!!!!!!!!

Answers

The value of n for each of the values in the problem have been shown below.

How do you simplify exponents?

When multiplying exponential expressions with the same base, you can add the exponents. For example: a^m * a^n = a^(m+n).

When dividing exponential expressions with the same base, you can subtract the exponents. For example: a^m / a^n = a^(m-n).

An exponential expression with a fractional exponent can be rewritten as a radical expression. For example: a^(1/2) = √a.

We know that;

a^6/2 = a^n

n = 3

a^9/2 = a^n

n = 9/2

a^3(7/2) = a^n

n = 21/2

a^3/2 = a^n

n = 3/2

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a random sample of 100,000 credit sales in a department store showed an average sale of $87.25. from past data, it is known that the standard deviation of the population is $20.00. what is the 95% confidence interval of the population mean?

Answers

The 95% confidence interval of the population mean for the given sample is between $86.96 and $87.54.

To calculate the confidence interval, we need to use the formula:

CI = [tex]\bar{X}[/tex] ± Zα/2 * σ/√n

where,

[tex]\bar{X}[/tex] = sample mean = $87.25

Zα/2 = the Z-score for 95% confidence level = 1.96

σ = population standard deviation = $20.00

n = sample size = 100,000

Plugging these values in the formula, we get:

CI = 87.25 [tex]\pm[/tex] 1.96 * (20/√100,000)

CI = 87.25 [tex]\pm[/tex] 0.098

Therefore, the 95% confidence interval of the population mean is between $86.96 and $87.54. This means that we can be 95% confident that the true population mean lies within this interval.

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explain the reasons that someone would create either a bar chart or a histogram in order to explore a single column of data

Answers

A bar chart or a histogram are visual representations of data that can be used to explore a single column of data.

A bar chart is used to compare different categories of data, and a histogram is used to measure the frequency of data within a given range. Bar charts allow a user to compare the differences between the categories of data, while histograms provide a better indication of how the data is distributed within the range.

Both bar charts and histograms are useful for identifying patterns, outliers, and trends in the data. By using a bar chart or a histogram, a user can quickly and easily identify where the data is concentrated, as well as identify any outliers or trends in the data.

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Trapezoids and Kites proving trapezoid theorems

Answers

Therefore, the diagonal that connects the midpoints of the other two sides of the kite bisects the other diagonal.

What is trapezoid?

A trapezoid is a quadrilateral with at least one pair of parallel sides. The parallel sides are called the bases of the trapezoid, and the non-parallel sides are called the legs. A trapezoid can have two pairs of parallel sides, in which case it is called a parallelogram.

Here,

First, let's define what a trapezoid and a kite are:

A trapezoid is a quadrilateral with at least one pair of parallel sides. The parallel sides are called the bases of the trapezoid.

A kite is a quadrilateral with two pairs of adjacent sides of equal length.

Now, let's look at some common trapezoid theorems and how to prove them:

The bases of a trapezoid are parallel.

To prove this theorem, we can use the fact that opposite angles of a parallelogram are equal. Since the bases of a trapezoid are parallel, we can draw a line segment that connects the endpoints of the non-parallel sides to form a parallelogram. The opposite angles of the parallelogram are equal, so the opposite angles of the trapezoid are also equal. Therefore, the bases of a trapezoid are parallel.

The legs of a trapezoid are congruent.

To prove this theorem, we can use the fact that a trapezoid can be divided into two triangles by drawing a diagonal. Since the bases of a trapezoid are parallel, the diagonal divides the trapezoid into two congruent triangles. Therefore, the legs of a trapezoid are congruent.

The diagonals of a trapezoid bisect each other.

To prove this theorem, we can use the fact that a trapezoid can be divided into two triangles by drawing a diagonal. Since the bases of a trapezoid are parallel, the diagonal divides the trapezoid into two congruent triangles. The diagonals of the trapezoid connect the midpoints of the non-parallel sides of the triangles, which are also the midpoints of the legs of the trapezoid. Therefore, the diagonals of a trapezoid bisect each other.

Now, let's look at some common kite theorems and how to prove them:

The diagonals of a kite are perpendicular.

To prove this theorem, we can use the fact that a kite can be divided into four right triangles. Since two pairs of adjacent sides of a kite are equal in length, the right triangles that share a common vertex have one leg that is perpendicular to the other leg. Therefore, the diagonals of a kite are perpendicular.

One diagonal of a kite bisects the other diagonal.

To prove this theorem, we can use the fact that a kite can be divided into four triangles. Since two pairs of adjacent sides of a kite are equal in length, the diagonal that connects the non-adjacent vertices of the kite divides the kite into two congruent triangles.

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Complete question:

Prove the trapezoid theorems: for Trapezoids and Kites.

Robert is on a diet to lose weight before his Spring Break trip to the Bahamas. He is losing weight at a rate of 2 pounds per week. After 6 weeks, he weighs 205 pounds. Write and solve a linear equation to model this situation. There should be at least 3 lines of work.

Answers

A linear equation modeling Robert's weight-loss situation is x = 205 + 2y.

What is a linear equation?

A linear equation is an equation modeling a straight-line relationship between two variables, for example, x and y.

The weight lost per week = 2 pounds

The number of weeks weight was lost, y = 6 weeks

Robert's weight after 6 weeks of losing 2 pounds weekly = 205

Let x = Robert's weight before the weight-loss program

Equation:

x = 205 + 2y

x = 205 + 2(6)

x = 205 + 12

x = 217

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a gift card for a coffee shop has a starting balance of $50. you buy a coffee everyday for $3.35 and some days you buy a bagel with cream cheese for $2.95. After 10 days, the remaining balance is $1.75. How many bagels did you buy

Answers

Answer:

5

Step-by-step explanation:

Cost of bagels = 50 - 1.75 - 33.5 = 14.75

No. of bagels = 14.75/2.95 = 5

Answer:

You bought 5 bagels.

Step-by-step explanation:

Since you buy a coffee every day and it says "after 10 days" you multiply the price of the coffee by 10:     $3.35 * 10 = $33.5  

It also says that the remaining balance on the gift card is $1.75. So you need to subtract that from the original balance, 50:    $50- $1.75 = $48.25  -  this is the amount of money you spent.

Next, you subtract the price of all the coffees you bought from the amount of total money you spent over the course of 10 days.  $48.25 - $33.5 = $14.75

This remaining money is for the bagels that you bought on some days. The last step should be to divide $14.75 by the price of one single bagel:

$14.75 / 2.95 = 5  

You bought 5 bagels.

Hope this helps!!!!

Help me solve this please.

Answers

1/2h(a+b) = 1/2 x 9 + 18 = 81 in2

1. Find the length of the missing side:
8m
7
12m
2. Is the triangle a right triangle?
11
9

Answers

1. The side length equals 14.4222051 or 14.42 to 2.d.p.

2. The triangle isn’t a right angle

hey guyz what is 65 x 340 +3000
i will giv branlist

Answers

Answer:

217,100

Step-by-step explanation:

in this equation first you would want to add together 3000 + 340 which is 3340 then multiply that by 65. Remember to do addition and subtraction steps in multi-step equations first

It’s 25,100.

Step 1: Multiply 65 and 340. You’ll get 22,100.
Step 2: Add 3,000 to 22,100. That equals to 25,100.

Hope this helps.

Lola has 4 1/2 cups of rice. She uses 3/4 of the rice to make sushi rolls for dinner. She uses the rest of the rice to make rice pudding for dessert. How much rice does Lola use for the rice pudding?

Answers

Lola has 9/8 cups of rice left to use for the rice pudding.

What is fraction?

A fraction is a mathematical term that represents a part of a whole or a ratio between two quantities.

To find out how much rice Lola uses for the rice pudding, we need to first determine how much rice she used for the sushi rolls.

Lola used 3/4 of the 4 1/2 cups of rice for the sushi rolls. To calculate this, we can multiply:

4 1/2 cups x 3/4 = (9/2) x (3/4) = 27/8 cups

So Lola used 27/8 cups of rice for the sushi rolls.

To find out how much rice Lola has left for the rice pudding, we need to subtract the amount she used for the sushi rolls from the original amount of rice she had:

4 1/2 cups - 27/8 cups = 36/8 cups - 27/8 cups = 9/8 cups

Therefore, Lola has 9/8 cups of rice left to use for the rice pudding.

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a probability distribution is: group of answer choices the average value that a random variable is expected to assume over a large number of trials. a summary of data into classes along with the number of occurrences in each class. a listing of all possible outcomes along with their likelihood of occurrence. a listing of the successes and failures from a given experiment.

Answers

A probability distribution is a listing of all possible outcomes along with their likelihood of occurrence.

It is a way of describing the likelihood of different outcomes in a statistical experiment or random event. It is used to calculate the probability of different events or outcomes in situations where there is uncertainty or variability. There are two types of probability distributions: discrete and continuous.

Discrete probability distributions are used when the possible outcomes of a statistical experiment are discrete or countable, such as the number of heads obtained in flipping a coin. Continuous probability distributions are used when the possible outcomes of a statistical experiment are continuous or uncountable, such as the height of people in a population.

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Geometry Homework
Please help

Answers

The measure of angle x is 90°

How to find the measure of angle x?

In a semicircle, an angle that has its vertex at the center of the circle will always be a right angle, which is 90 degrees.

This is because a semicircle is defined as half of a full circle, and the diameter of a circle forms a right angle with any chord that it intersects.

Therefore, any angle in a semicircle that has its vertex at the center of the circle will be 90 degrees.

Thus, the measure of angle x is 90°.

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Express as a trinomial (2x+3)(3x+6)

Answers

Answer:

[tex]6 {x}^{2} + 21x + 18 [/tex]

Step-by-step explanation:

[tex](2x + 3)(3x + 6)[/tex]

[tex]6 {x}^{2} + 12x + 9x + 18[/tex]

[tex]6 {x}^{2} + 21x + 18[/tex]

What is the Coefficient of x4 in expansion of (2+x)5

Answers

Answer:

10

Step-by-step explanation:

rewrite as (x+2)⁵

use the binomial formula:

(a+b)⁵ = a⁵ + 5a⁴b + 10a³b² + 10a²b³ + 5ab⁴ + b⁵

a = x,  b = 2

The problem is only asking for the coefficient of the x⁴ expression, so the answer is:

5a⁴b = 5(x)⁴(2) = 10x⁴

Write the equation of the line of reflection between the points (-9, 12) and (17, -78) in point-slope form

Answers

The equation of the line of reflection is y = (−13 / 45)x − (1376 / 45) in point-slope form.

Equations

To find the equation of the line of reflection between the points (-9, 12) and (17, -78), we first need to find the midpoint of the line segment joining these two points, which will lie on the line of reflection. The midpoint formula is:

[(x₁ + x₂) / 2, (y₁ + y₂) / 2]

Using the coordinates of the two given points, we get:

[(−9 + 17) / 2, (12 − 78) / 2] = [4, −33]

So, the midpoint is (4, −33).

Next, we need to find the slope of the line of reflection. This is equal to the negative reciprocal of the slope of the line passing through the two given points, since the line of reflection is perpendicular to this line. The slope of the line passing through the two given points is

m = (y₂ − y₁) / (x₂ − x₁) = (−78 − 12) / (17 − (−9)) = −90 / 26 = −45 / 13

So, the slope of the line of reflection is:

m' = −1 / m = −13 / 45

Finally, we can use the point-slope form of the equation of a line, with the midpoint we found as the point and the slope we calculated as the slope which is

y − (−33) = (−13 / 45)(x − 4)

y + 33 = (−13 / 45)x + (52 / 45)

or

y = (−13 / 45)x − (1376 / 45)

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Can someone help me, pls

Answers

Answer is attached

hope it helps you ⬆️

What is the possible range for sizes x when u have 4.1 and 1.3

Answers

The possible range of x  in the triangle is (2.8,∞)

According to the triangle inequality theorem, any two sides' sums in a triangle must be bigger than the length of the third side. If a, b, and c are the lengths of a triangle's sides, then the sum of a and b's lengths is greater than c's length. Similar to how a+ c > b, b + c > a.

By applying the triangle inequality theorem, which asserts that if the sides have lengths a, b, and c, then a + c > b, it is feasible to determine the range of sizes for x. Let a = 4, 1, and 3 and c = x. Our range of values for x is as follows because measurements of length and distance can never be negative:

a + c > b 4.1 + x > 1.3 x > -2.8

Hence, x's potential size range is (-2.8, infinity).

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Bridget is creating a new board game called Tri-Tri-Again to enter a contest at the local game shop. She is making the game board in the shape of a triangle. The base of the triangle is 1
1
4
feet long, and its height is 2
1
2
feet.
What is the area of the game board?
Write your answer as a whole number, proper fraction, or mixed number.

Answers

The area of the Tri-Tri-Again board game is 3 1/8 square feet.

To calculate the area of a triangle, we need to know the length of its base and its height. In this case, Bridget's Tri-Tri-Again board game is in the shape of a triangle with a base of 1 1/4 feet and a height of 2 1/2 feet. To find the area of the triangle, we can use the formula for the area of a triangle, which is 1/2 x base x height.

We first convert the mixed numbers to improper fractions. The base is 5/4 feet and the height is 5/2 feet. We can then substitute these values into the formula to get:

Area of triangle = 1/2 x 5/4 feet x 5/2 feet

Area of triangle = 25/8 square feet

We can simplify the answer by dividing the numerator and denominator by the greatest common factor of 25 and 8, which is 1. This gives us:

Area of triangle = 25/8 square feet

Area of triangle = 3 1/8 square feet

Therefore, the area of the Tri-Tri-Again board game is 3 1/8 square feet.

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what is the median and range of the data

Answers

The median and the range of the given data above would be =5 and 11 respectively.

How to calculate the median and range of a given data?

The range of a data set can be calculated by the subtraction of the largest variable form the smallest variable of a data set.

That is;

Data set = 1,1,1,1,2,2,2,5,6,6,6,8,9,10,12

largest variable = 12

smallest variable = 1

range = 12-1 = 11

The median of the data set is the figure that fall at the middle of the data set after being arranged either in ascending or descending order.

The median of the data = 5

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By the definition of a parallelogram, ab∥dc. ad is a transversal between these sides, so ∠a and ∠d are angles. because ab and dc are , the same-side interior angles must be by the same-side interior angles theorem. therefore, ∠a and ∠d are supplementary.

Answers

In a parallelogram, The statement "angle A and angle D are supplementary" is not correct.

The same-side interior angles theorem states that if a transversal intersects two parallel lines, then the same-side interior angles are supplementary. However, in this case, we are dealing with a parallelogram, which has two pairs of parallel sides.

When we say that "ab||dc", we are stating that side AB is parallel to side DC. We cannot assume that side AD is a transversal between these two sides, as it could intersect the sides at some other angle. Therefore, we cannot conclude that angle A and angle D are angles.

However, we do know that opposite angles in a parallelogram are congruent. Therefore, we can conclude that angle A is congruent to angle C, and angle B is congruent to angle D.

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13.
24 ft
6 ft
9 ft
composite figures
17 ft
14.

Answers

264+ 45+ 54= 354
Answer: 354

May finds a house for a sale price of $355,000. She meets with her bank and finds a 30-year simple interest mortgage. If May accepts the mortgage, she would pay $798,750 in simple interest over the life of the loan. 1. How much is the interest rate of the mortgage? 2. How much would be her monthly mortgage payment? 3. If May decided to use a 15-year simple interest mortgage, how much would she save on interest charges?

Answers

May would therefore save $621,470.85 in interest costs if she opted for a 15-year simple interest mortgage ($798,750 - $177,279.15).

what is interest ?

The sum of money that even a lender charges a loan for the usage of money over a certain period of time is known as interest. It is frequently represented as a proportion of the sum lent or borrowed and can be either simple or compound. Simple interest is determined by that of the principal amount alone, while interest expense is determined by the principal amount and the total amount of interest that has accrued. A key idea in banking, interest is utilised in a number of credit derivatives, including bonds, savings accounts, and loans.

given

May would save on interest costs if she chose a 15-year simple interest mortgage because the loan would be repaid sooner. Using the same technique as before but with n = 15 years, we can determine the interest costs for a 15-year mortgage:

PV is equal to PMT* [1 - (1 + r/12)(-n*12)] / (r/12)

Inputting the values provided yields:

355000 = PMT * [1 - (1 + 0.595%/12)^(-15*12)] / (0.595%/12)

PMT = $3,208.59

Over the course of the loan, the following would be paid in interest:

I equals PMT*n - PV.

I = $3,208.59 * 15 - $355,000

I = $177,279.15

May would therefore save $621,470.85 in interest costs if she opted for a 15-year simple interest mortgage ($798,750 - $177,279.15).

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The perimeter of a rectangle is 60, and the width is 3 times
the length. What is the width?
O24.5
O 26.5
O 22.5
O 20.5

Answers

Let's assume that the length of the rectangle is "x".

Since the width is 3 times the length, the width can be represented as "3x".

The perimeter of a rectangle is given by the formula:

P = 2(l + w)

where P is the perimeter, l is the length, and w is the width.

Substituting the values given in the problem, we have:

60 = 2(x + 3x)

Simplifying, we get:

60 = 8x

Dividing both sides by 8, we get:

x = 7.5

Now that we know the length, we can find the width:

width = 3x = 3(7.5) = 22.5

Therefore, the width of the rectangle is 22.5.

Answer:

Answer: 22.5

Step-by-step explanation:

Let L be the length of the rectangle, and W be the width.

From the problem, we know that:

The perimeter of the rectangle is 60, which means that:

2(L + W) = 60

L + W = 30

The width is 3 times the length:

W = 3L

Substituting W = 3L into the first equation, we get:

L + 3L = 30

4L = 30

L = 7.5

Therefore, the width is:

W = 3L = 3(7.5) = 22.5

So, the width of the rectangle is 22.5. Answer:  22.5

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