Alf needs to borrow $15,000 to pay for his college tuition. He can borrow the money from his
parents at a rate of 3.55% interest compounded annually for 4 years, or he can borrow from his
local bank at a rate of 3.50% interest compounded continuously for 4 years
Manipulation of Numerical Data

Answers

Answer 1

Alf would prefer to borrow from his parents because their rates are more favourable.

The future value of the loan if he borrows from his parents is given by this formula: A(1 + r)^n

Where:

A = amount  

R = interest rate  

N = number of years  

$15,000(1 + 0.0355)^4 = $17,246.13

The future value of the loan if he borrows from the local bank is given by this formula: : A x e^r x N

Where:

A= amount e = 2.7182818 N = number of years r = interest rate

$15,000 x  2.7182818^0.035 x 4 = $62,137.18

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Related Questions

Please help! Thanks!: If a 95% confidence interval was being calculated using the following expression:

3.2 ± 1.96 ⋅ 1.1

What would be the margin of error for this confidence interval?
If you can please give an explanation on how to solve?

Answers

The confidence interval can be calculated from the margin of error, and vice versa,

The margin of error of the confidence interval is 2.156

The confidence interval is given as:

[tex]\mathbf{CI = 3.2 \pm 1.96 \cdot 1.1}[/tex]

The formula of confidence interval is:

[tex]\mathbf{CI = \bar x\pm E}[/tex]

Where E represents the margin of error.

So, by comparison:

[tex]\mathbf{E = 1.96 \cdot 1.1}[/tex]

Multiply

[tex]\mathbf{E = 2.156}[/tex]

Hence, the margin of error of the confidence interval is 2.156

Read more about margin of errors at:

https://brainly.com/question/13990500

In how many ways can a student answer the questions on the test if the student can leave answers blank

Answers

they can have multiple answers or leave it blank

in the Sahara desert one day it was 136°F in the gobi desert a temperature of -50°F was recorded what is the difference between these two temperatures​

Answers

Answer:

  186 °F

Step-by-step explanation:

The difference is found by subtracting the smaller from the larger:

  136 -(-50) = 136 +50 = 186

The difference between the two temperatures is 186 °F.

Sociologists studying social mobility in the U.S. find that the probability that someone who began their career in the bottom 10% of earnings remains in the bottom 10% fifteen years later is 0.59. What is the probability that such a person moves to one of the higher income classes fifteen years later? (Use decimal notation. Give your answer as an exact number.)
probability:

Answers

Using probability of complementary events, it is found that there is a 0.41 probability that such a person moves to one of the higher income classes fifteen years later.

When two events are complementary, the sum of their probabilities are 1.

In this problem, either a person moves to a higher income class or they do not, hence, the events are complementary.

0.59 probability that a person does not move to a higher class.Hence, 1 - 0.59 = 0.41 probability that such a person moves to one of the higher income classes fifteen years later.

A similar problem is given at https://brainly.com/question/24084986

its urgent .have an exam tomorrow .pls help

Answers

B- 55 minutes. 6:20-7:15 in duration is 55 mins

What do you measure the amount of water in a vase

Answers

Liquid volumeis the amount of liquid in a container.

Find the discriminant of the quadratic equation.

2i2+6i=4

Answers

[tex] {2i}^{2} + 6i = 4 \\ {8i }^{2} = 4 \\ 8i = \sqrt[2]{4} \\ 8i = 2 \\ i = \frac{2}{8} \\ i = \frac{1}{4} [/tex]

- BRAINLIEST answerer

Use the GCF and the distributive property to find each sum 15 + 57

Answers

Answer:

(3*5)+(19*3)

Step-by-step explanation:

both numbers GCF is 3.

(3*5)=15

(19*3)=57

15+57=72

Hope that helps

Need this ASAP please

Answers

a) x²+6x

b)5x²-x

c)12x²+15x

d)8x²-12xy

f(x) = 9x ^ 2 - 3 then what is f(3) ? Work must be shown for this problem or no credit will be earned.

Answers

Answer:

f ( 3 ) = 81

Step-by-step explanation:

→ Substitute in x = 3

9 × 3² - 3

→ Simplify

9 × 9 - 3

→ Simplify again

78

9/x = 27/24 find the proportional relationship

Answers

Answer: The answer is 9/8 = 27/24

What two numbers multiply to -15 and add to 8

Answers

3 and 5

Explaining
3x5=15
3+(5)=15

Nina and Jo both ran a 9 km race.
Nina took 1 hour 15 minutes to run the whole race.
Jo started the race 4 minutes later than Nina but caught up when they had both travelled 6 km.
If Nina and Jo both ran at constant speeds, what is Jo's speed to 2 dp?

Answers

9514 1404 393

Answer:

  7.83 km/h

Step-by-step explanation:

At her constant pace, Nina's time for 6 km will be found by the proportion ...

  (time for 6 km)/(6 km) = (time for 9 km)/(9 km)

  time for 6 km = (6 km)/(9 km) × (75 min) = 50 min

Jo's time for the same distance will be 4 minutes less: 50 -4 = 46 min. Jo's speed is ...

  speed = distance/time

  = (6 km)/(46/60 h) = 360/46 h ≈ 7.83 km/h . . . . Jo's speed

_____

Additional comment

From the 6 km point, the remaining race is half the distance already run, so will take half the time already taken. As we know, Nina will finish in 25 more minutes; Jo will finish in 46/2 = 23 more minutes, 2 minutes ahead of Nina.

write an indirect proof that a triangle cannot have 2 right angles​

Answers

The definition of a triangle is that it has three angles and their sum is 180 degrees. Two right angles each measure 90 degrees and their sun is 180 degrees. Therefore, a triangle cannot have two right angles because that would be two angles with a sum of 180 degrees, not three as required by the definition of a triangle.

what is the value of x?
(3x-1)º​

Answers

(3x-1)))))]))))))))])))))))))))))])))))))))))))))))))))))

Distributive property to simplify 6(8) + 6(-2)

Answers

Answer:

36

Step-by-step explanation:

You would multiply 6x8+6x(-2), and that would equal 48+(-12) which is basically 48-12 = 36.

If Lauren can run
150 feet in 1/3 of
a minute. What
is her unit rate in
feet per minute?

Answers

Answer:

450

Step-by-step explanation:

150* 3

hope this helps

Answer:

450

Step-by-step explanation:

150 feet in 1/3 min

? -----  1 min

150 * 1 = x * 1/3

x = 150 * 3

= 450

f(x)=2x^2-3x+5 and g(x)=x-4,

find (f+g)(x)​

Answers

Answer:

2x^3-2x^2+x

Step-by-step explanation:

Just trust me!

What is the equation in slope-intercept form of the line that passes through the points (-4, 6) and (-2,5) ?
y=20 - 8
y=-30+4
y=-22 +4
y = -x + 8

Answers

[tex](\stackrel{x_1}{-4}~,~\stackrel{y_1}{6})\qquad (\stackrel{x_2}{-2}~,~\stackrel{y_2}{5}) \\\\\\ \stackrel{slope}{m}\implies \cfrac{\stackrel{rise} {\stackrel{y_2}{5}-\stackrel{y1}{6}}}{\underset{run} {\underset{x_2}{-2}-\underset{x_1}{(-4)}}}\implies \cfrac{-1}{-2+4}\implies \cfrac{-1}{2}\implies -\cfrac{1}{2}[/tex]

[tex]\begin{array}{|c|ll} \cline{1-1} \textit{point-slope form}\\ \cline{1-1} \\ y-y_1=m(x-x_1) \\\\ \cline{1-1} \end{array}\implies y-\stackrel{y_1}{6}=\stackrel{m}{-\cfrac{1}{2}}[x-\stackrel{x_1}{(-4)}] \\\\\\ y-6=-\cfrac{1}{2}(x+4)\implies y-6=-\cfrac{1}{2}x-2\implies \underset{\textit{slope-intercept form}}{y=-\cfrac{1}{2}x+4}[/tex]

What is the equation of the line in slop-intercept form?



Enter your answer in the blank spots




y= __x + __

Answers

Answer:

y=2x +5

Step-by-step explanation:

so 2 goes in the first blank and 5 goes in the second

Hope this helps!❆

Last Friday, Erica earned $51 babysitting for 6 hours. At this rate, how many hours would Erica need to babysit in order to earn $272?​

Answers

Answer: 32 hours

Step-by-step explanation: 51/6 = 8.5

So, Erica makes 8.5 dollars per hour. 272/8.5 = 32. Thus, Erica will need 32 hours.

Brainliest?

2x-32=12
means they spent how much

Answers

Answer:

22

Step-by-step explanation:

HELP ME PLEASE!! I DONT WANT TO FAIL THIS AGAIN.

Answers

Answer:

A.

Step-by-step explanation:

You can see that the rate of change of function A is 3. because that's the slope (M) in y=mx+b

5 is slope for B because unit rate is 5 ( 1 to 3 change is +10 so unit rate is 5)

what is 3/4 ÷ 1/6 plz help ​

Answers

Answer:

4.5

Step-by-step explanation:

*WILL GIVE BRAINLIEST FOR BEST ANSWER*
Subtract. Write your answer in scientific notation.
(5.6×106)–(1.1×106)

Answers

Answer:

447

Step-by-step explanation:

Please help me do this question

Answers

Step-by-step explanation:

We need to break up the given expression into two separate fractions so that when they are added together, we will get the original expression.

Note that the denominator is made up of two factors, [tex](2x - 1)[/tex] and [tex](x^2 + 1).[/tex] But note that the 2nd factor is a 2nd order polynomial so as a rule, the numerator of the fraction containing this factor must be an (n - 1)-order polynomial, where n is the order. With that in mind, we can write the general form of the partial fractions as follows:

[tex]\dfrac{x + 7}{(2x - 1)(x^2 + 1)} = \dfrac{Ax + B}{x^2 + 1} + \dfrac{C}{2x - 1}[/tex]

[tex]\:\:\:\:=\dfrac{2Ax^2 + Bx - Ax - B + Cx^2 + C}{(2x - 1)(x^2 + 1)}[/tex]

Here, we combined the two fractions to form the equation above. Next, we compare the numerators on either side. Note that we satisfy the equality if we impose the following conditions:

[tex]2A + C = 0\:\:\:\:\:\:\:\:\:\:\:\:\:\:(1)[/tex]

[tex]2B - \:A = 1\:\:\:\:\:\:\:\:\:\:\:\:\:\:(2)[/tex]

[tex]-B + C = 7\:\:\:\:\:\:\:\:\:\:\:\:\:\:(3)[/tex]

To find the values of the constants A, B and C, we need to solve this system of equations. We start by multiplying Eqn(3) by 2 and then adding it to Eqn(2) to get

[tex]-A + 2C = 15\:\:\:\:\:\:\:\:\:\:\:\:\:\:(4)[/tex]

Then, multiply Eqn(1) by -2 to get

[tex]-4A - 2C = 0\:\:\:\:\:\:\:\:\:\:\:\:\:\:(5)[/tex]

Add Eqn(4) to Eqn(5) and we will get

[tex]-5A = 15 \Rightarrow A = -3[/tex]

Now that we know the value of A, we can use this in Eqn(2) to get

[tex]2B - (-3) = 1 \Rightarrow B = -1[/tex]

Next, to solve for C, we use the value of A in Eqn(1) to get

[tex]2(-3) + C = 0 \Rightarrow C = 6[/tex]

Therefore, the given expression can be written as

[tex]\dfrac{x + 7}{(2x - 1)(x^2 + 1)} = \dfrac{6}{2x - 1} + \left(\dfrac{-3x - 1}{x^2 + 1}\right)[/tex]

As a check, let's combine the two fractions together:

[tex]\dfrac{x + 7}{(2x - 1)(x^2 + 1)} = \dfrac{6}{2x - 1} + \left(\dfrac{-3x - 1}{x^2 + 1}\right)[/tex]

[tex]= \dfrac{6x^2 + 6 - 6x^2 - 2x + 3x + 1}{(2x - 1)(x^2 + 1)}[/tex]

[tex]= \dfrac{x + 7}{(2x - 1)(x^2 + 1)}[/tex]

As expected, we got the original expression.

The annual rainfall in a town has a mean of 51.84 inches and a standard deviation of 8.05 inches. Last year there was rainfall of 63 inches. How many standard deviations away from the mean is that

Answers

It is 1.39 standard devaitions away from the mean.

Since the mean x = 51.84 inches and the standard deviation, σ = 8.05 inches.

The amount of rainfall last year was X = 63 inches.

The difference between X and the mean x is d = X - x

= 63 - 51.84 in

= 11.16 in

To find the number of standard devaitions X is from the mean, n, we divide d by the standard deviation,σ.

So, n = d/σ

= 11.16 in/8.05 in

= 1.39

So, it is 1.39 standard devaitions away from the mean.

Learn more about number of standard deviations here:

https://brainly.com/question/24254824

(x-1)I+(y+1)=(1+i)(4-3i)​

Answers

Answer:

x=2, y=6

Step-by-step explanation:

Plzzzzz help
Among the following rational numbers,
which has the greatest value?
A. 0.34
B. 0.34
C. 0.34
D. 0.343
E. 0.3409

Answers

Answer:

D. 0.343

Step-by-step explanation:

You can see the first three options as 0.340 so if you substract this number with 0.343 the remainder is positive 3.

This strategy also can be applied to the number 0.3409 but in this occasion the result is different:

[tex]0.343 - 0.3409 = 2.1\times 10^{-3}[/tex]

That is small number but still is positive that's meaning that between 0.343 and 0.3409 the greatest value is 0.343 .

: Một khu đất 20 ha người ta trồng hai loại cây ngô và khoai. Năng suất của ngô tính theo x ha được (5-x/4) tấn trên 1 ha và năng suất của khoai tính theo y ha được (7-y/4) tấn trên 1 ha. Xác định diện tích trồng từng loại cây để sản lượng thu được là lớn nhất.

Answers

Jsksjnsnsjdishdhjskjjkokksns
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