On August 1, 2021, a company accepts an $8,000, 9-month note receivable. For 2021, the company reports interest revenue of $200. What is the interest rate on the note?

Answers

Answer 1

Answer:

6%

Step-by-step explanation:

We have to calculate the interest rate in the note, we must follow the following steps, calculate the amount of time remaining from the year 2021, as follows:

interest is for 5 months i.e. from Aug 01 to Dec 31 for year 2021 , so it means it would be 5/12 months.

We have to calculate the interest as follows:

I = P * R * T

We replace:

200 = 8000 * R * 5/12

we solve for R

200 * 12/5 = 8000 * R

R * 8000 = 480

R = 480/8000

R = 0.06

Which means that the interest rate on the note is 6%


Related Questions

Three solid shapes, A B and C are similar. The surface area of shape A is 9cm² The surface area of shape B is 16cm² The ratio of the volume of shape B to shape C is 27:125 Work out the ratio of the height of shape A to shape B Give your answer in its simplest form.

Answers

Answer:

9:20

Step-by-step explanation:

The ratio of the surface area of similar solid is equal to the square of the ratio of their corresponding linear measures.

If the ratio of their corresponding linear measures is a:b, the surface area ratio will be (a/b)².

Therefore, (A/B )² = 9/16

square root both sides A/B = √9/√16 A/B = 3/4 A:B = 3:4

The ratio of volume of two similar solid is the ratio cube of their corresponding linear measures.

Therefore, (B/C)³ = 27/125 cube root both sides B/C = 3/5 B:C = 3:5

To make the ratio equivalent A:B:C = 9:12:20

A:C = 9:20

Five-thirds divided by one-third =

Answers

Answer:

Step-by-step explanation: [tex]\frac{5}{3}[/tex]÷[tex]\frac{1}{3}[/tex] =

(Decimal: 0.555556)

Does the equation Axequalsb have a solution for each b in set of real numbers RSuperscript 4​? A. ​No, because A has a pivot position in every row. B. ​Yes, because the columns of A span set of real numbers RSuperscript 4. C. ​Yes, because A does not have a pivot position in every row. D. ​No, because the columns of A do not span set of real numbers R

Answers

Answer:

C. Yes, because A does not have a pivot position in every row.

Step-by-step explanation:

The pivot position in the matrix is determined by entries in non zero rows. The pivot position may be in the row or a column. By Invertible Matrix Theorem the equation Axequalsb has non trivial solution. A has fewer pivot positions therefore A is not invertible. Ax will map RSuperscript into real numbers for n times. A has pivot position if left parenthesis bold x right parenthesis.

What two numbers is the square root of 74 between?​

Answers

Answer:

8 and 9

Step-by-step explanation:

√64 = 8

√81 = 9

√74 falls inbetween those 2

8 and 9
8*8=64
9*9=81
74 is between those

Order the numbers from least to greatest: -5, 6, and 9.

Answers

Answer: -5, 6, and 9

Step-by-step explanation:

Step-by-step explanation:

least to greatest

-5 6 9

Kinda been stuck on this one, someone pls let me know

Answers

Answer:

255

Step-by-step explanation:

use calculator

Answer:

255

Step-by-step explanation:

∑ᵢ₌₁⁸ 2ⁱ⁻¹

Using brute force method:

S = 2⁰ + 2¹ + 2² + 2³ + 2⁴ + 2⁵ + 2⁶ + 2⁷

S = 1 + 2 + 4 + 8 + 16 + 32 + 64 + 128

S = 255

Using formula:

S = a₁ (1 − rⁿ) / (1 − r)

S = 1 (1 − 2⁸) / (1 − 2)

S = 255

Which of the following is equivalent 8-3x>2(3x-5)

Answers

Answer:

2 >x

Step-by-step explanation:

8-3x>2(3x-5)

distribute

8-3x>6x-10

Add 3x to each side

8+3x-3x>6x+3x -10

8 > 9x-10

Add 10 to each side

8+10 > 9x -10+10

18 > 9x

Divide by 9

18/9 > 9x/9

2 >x

Answer:

[tex]x < 2[/tex]

hope this helps you

brainliest appreciated

good luck! have a nice day!

Step-by-step explanation:

[tex]8 - 3x > 2(3x - 5) \\ 8 - 3x > 6x - 10 \\ 8 + 10 > 3x +6 x \\ 18 > 9x \\ \frac{18}{9} > \frac{9x}{9} \\ 2 > x[/tex]

Compare and contrast the following piecewise
defined functions.
(-x+ 2 x<0
X+2, x<0
f(x) =
x? + 1, x>0 X + 2, x>0
g(x)=

Answers

Answer:

Both piecewise functions have a linear portion and a quadratic portion.  The y-intercepts of both linear pieces are the same, 2.  The quadratics are both open upward, but have different y-intercepts (one at 1, one at 2).  The linear portion of the first function is decreasing, while the linear portion of the second function is increasing.

Step-by-step explanation:

Comparing and contrast of the functions are shown in below.

What is mean by Function?

A relation between a set of inputs having one output each is called a function. and an expression, rule, or law that defines a relationship between one variable (the independent variable) and another variable (the dependent variable).

The given piecewise functions are;

⇒ f (x) = { - x + 2 ; x < 0

         = { x² + 1 ; x > 0

Now, Comparison and contrast of the above piecewise functions are,

The similarities are;

1) Both piecewise functions are linear when x < 0.

2) Both piecewise functions are quadratic when x > 0.

3) The magnitude the slope of the linear part both function are equal.

4) The leading coefficient of the quadratic function are the same.

5) The y-intercept of the linear function are equal, therefore, the linear functions in f(x) and g(x) intersect on the y-axis.

6) The domain of the linear and quadratic functions are the same.

The contrasts (differences) in the function are;

1) The slope of the linear function of g(x) is positive and the slope of the linear function of f(x) is negative.

2) The y-intercept of the quadratic function in f(x) is +1, while the y-intercept of the quadratic function in g(x) is +2.

3) The quadratic function in f(x) and g(x) have graphs that do not intersect.

Learn more about the function visit:

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In right triangle PQR, What is tan P

Answers

Answer:

c. 3/4

Step-by-step explanation:

tan is opposite over adjacent and based off of the included information its 3/4

Please answer this correctly

Answers

Answer:

The mode would not change

Step-by-step explanation:

Mode is the frequency of 1 number. In this case, the mode is 3. If we add 8, the frequency of 3 would not change; there would still be 4 3's, and 3 would still have the most of itself.

3. Students arrive at an ATM machine in a random pattern with an average inter-arrival time of 3 minutes. The length of transactions at the ATM machine is exponentially distributed with an average of 2 minutes. (a) What is the probability that a student arriving at the ATM will have to wait

Answers

Answer:

The probability that a student arriving at the ATM will have to wait is 67%.

Step-by-step explanation:

This can be solved using the queueing theory models.

We have a mean rate of arrival of:

[tex]\lambda=1/3\,min^{-1}[/tex]

We have a service rate of:

[tex]\mu=1/2\,min^{-1}[/tex]

The probability that a student arriving at the ATM will have to wait is equal to 1 minus the probability of having 0 students in the ATM (idle ATM).

Then, the probability that a student arriving at the ATM will have to wait is equal to the utilization rate of the ATM.

The last can be calculated as:

[tex]P_{n>0}=\rho=\dfrac{\lambda}{\mu}=\dfrac{1/3}{1/2}=\dfrac{2}{3}=0.67[/tex]

Then, the probability that a student arriving at the ATM will have to wait is 67%.

If the legs of a right triangle are 10 and 24, then the
hypotenuse is

Answers

26.

Step-by-step explanation:

To figure out the missing side of a right triangle, we will use the Pythagorean theorem. This is...

[tex]a^2+b^2=c^2[/tex]

With this Pythagorean theorem, a and b will always be the legs and the c will always be the hypotenuse, no matter what. Now knowing this, we can plug the legs into the equation.

[tex]10^2+24^2=c^2[/tex]

[tex]100+576=c^2[/tex]

Add the legs together.

[tex]676=c^2[/tex]

Now, since c is squared we will have to find the square root of 676.

[tex]\sqrt{676}[/tex]

= 26

At what point will the graph of the equations 3x +y =7&
y=1 intersect?​

Answers

Answer: The two equations intersect at (2,1)

=======================================================

Work Shown:

Substitute y = 1 into the first equation. Basically we replace every y with 1. From here we solve for x

3x+y = 7

3x+1 = 7

3x+1-1 = 7-1 .... subtracting 1 from both sides

3x = 6

3x/3 = 6/3 .... dividing both sides by 3

x = 2

We have x = 2 pair up with y = 1. The two equations intersect at (2,1)

As a check, plugging (x,y) = (2,1) into the first equation should lead to a true statement

3x+y = 7

3(2)+1 = 7

6+1 = 7

7 = 7 and it does lead to a true statement

The graph is shown below.

Which best compares the slope and y-intercepts of the linear functions f and g where f= 1/3 x + 3 and g is shown in the table? X =0,1,2,3 and g(x) =3,6,9,12

Answers

Answer:

different slope same intercept

Step-by-step explanation:

g(x)= 3x+3

this means they both intercept the y axis at 3 but the incline of g is much greater then f since the slope is much larger.Hope this is what you were looking for

To the right are the outcomes that are possible when a couple has three children. Assume that boys and girls are equally​ likely, so that the eight simple events are equally likely. Find the probability that when a couple has three​ children, there are exactly 0 girls.

Answers

Answer:

12.5% probability that when a couple has three​ children, there are exactly 0 girls.

Step-by-step explanation:

A probability is the number of desired outcomes divided by the number of total outcomes.

Possible outcomes:

b for boy, g for girl

g - g - g

g - g - b

g - b - g

g - b - b

b - g - g

b - g - b

b - b - g

b - b - b

8 outcomes, one of which (b - b - b) with exactly 0 girls.

So

1/8 = 0.125

12.5% probability that when a couple has three​ children, there are exactly 0 girls.

The probability that when a couple has three​ children, there are exactly 0 girls is 12.5%

Calculation of the probability:

Here we assume b for boy, g for girl

Now the probability conditions are

g - g - g

g - g - b

g - b - g

g - b - b

b - g - g

b - g - b

b - b - g

b - b - b

There are 8 outcomes, one of which (b - b - b) with exactly 0 girls.

So

[tex]= 1\div 8[/tex]

= 0.125

Learn more about probability here: https://brainly.com/question/24613748

i dont understand, help?

Answers

f(x) = x^2 -x^3
f(-2) = -2^2 - (-2)^3
f(-2) = 4+8
f(-2) = 12
Hope it helped !!
Put your comments below

The measure of two angles of a triangle are 31 and 128 degrees. Find the measure of the third angle.

Answers

Answer:

21°

Step-by-step explanation:

All angles in a triangle add up to 180°.

180 - 31 - 128

= 21

The measure of the third angle is 21°.


The two figures are similar. Write a proportion to find the missing measure. Then find the value of x.

Answers

Answer:

First option is the right choice.

Step-by-step explanation:

x/95 = 15/19

x = 75

Best Regards!

Answer:

Option A

Step-by-step explanation:

Triangle ABC and DEF are similar.

Taking proportion of their sides to find the value of the unknown.

=> x/15 = 95/19

Cross Multiplying

=> 19x = 1425

Dividing both sides by 9

=> x = 75

The average amount of water in randomly selected 16-ounce bottles of water is 16.15 ounces with a standard deviation of 0.45 ounces. If a random sample of thirty-five 16-ounce bottles of water are selected, what is the probability that the mean of this sample is less than 15.99 ounces of water? Answer: (round to 4 decimal places)

Answers

Answer:

0.0179 = 1.79% probability that the mean of this sample is less than 15.99 ounces of water.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal probability distribution

When the distribution is normal, we use the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

In this question, we have that:

[tex]\mu = 16.15, \sigma = 0.45, n = 35, s = \frac{0.45}{\sqrt{35}} = 0.0761[/tex]

What is the probability that the mean of this sample is less than 15.99 ounces of water?

This is the pvalue of Z when X = 15.99. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{15.99 - 16.15}{0.0761}[/tex]

[tex]Z = -2.1[/tex]

[tex]Z = -2.1[/tex] has a pvalue of 0.0179

0.0179 = 1.79% probability that the mean of this sample is less than 15.99 ounces of water.

A problem requires finding the distance traveled in miles. Which would not be a reasonable​ answer? Justify your response. A.  minus10 B.  1.8 C.  10 and one half D.  50

Answers

Answer:

A.   minus 10,

Step-by-step explanation:

The distance travelled must be positive.

Therefore minus 10 would not be a reasonable answer.

The commute time for people in a city has an exponential distribution with an average of 0.5 hours. What is the probability that a randomly selected person in this city will have a commute time between 0.4 and 1 hours? Answer: (round to 3 decimal places)

Answers

Answer:

0.314 = 31.4% probability that a randomly selected person in this city will have a commute time between 0.4 and 1 hours

Step-by-step explanation:

Exponential distribution:

The exponential probability distribution, with mean m, is described by the following equation:

[tex]f(x) = \mu e^{-\mu x}[/tex]

In which [tex]\mu = \frac{1}{m}[/tex] is the decay parameter.

The probability that x is lower or equal to a is given by:

[tex]P(X \leq x) = \int\limits^a_0 {f(x)} \, dx[/tex]

Which has the following solution:

[tex]P(X \leq x) = 1 - e^{-\mu x}[/tex]

The probability of finding a value higher than x is:

[tex]P(X > x) = 1 - P(X \leq x) = 1 - (1 - e^{-\mu x}) = e^{-\mu x}[/tex]

In this question:

[tex]m = 0.5, \mu = \frac{1}{0.5} = 2[/tex]

What is the probability that a randomly selected person in this city will have a commute time between 0.4 and 1 hours?

[tex]P(0.4 \leq X \leq 1) = P(X \leq 1) - P(X \leq 0.4)[/tex]

In which

[tex]P(X \leq 1) = 1 - e^{-2} = 0.8647[/tex]

[tex]P(X \leq 0.4) = 1 - e^{-2*0.4} = 0.5507[/tex]

So

[tex]P(0.4 \leq X \leq 1) = P(X \leq 1) - P(X \leq 0.4) = 0.8647 - 0.5507 = 0.314[/tex]

0.314 = 31.4% probability that a randomly selected person in this city will have a commute time between 0.4 and 1 hours

78​% of U.S. adults think that political correctness is a problem in America today. You randomly select six U.S. adults and ask them whether they think that political correctness is a problem in America today. The random variable represents the number of U.S. adults who think that political correctness is a problem in America today. Answer the questions below.
1. Find the mean of the binomial distribution ​(Round to the nearest tenth as​ needed.)
2. Find the variance of the binomial distribution. (Round to the nearest tenth as​ needed.)
3. Find the standard deviation of the binomial distribution. (Round to the nearest tenth as​ needed.)
4. Most samples of 6 adults would differ from the mean by no more than nothing. ​(Type integers or decimals rounded to the nearest tenth as​ needed.)

Answers

Answer:

Step-by-step explanation:

Let x be a random variable representing the number of U.S. adults who think that political correctness is a problem in America today. This is a binomial distribution since the outcomes are two ways. The probability of success, p = 78/100 = 0.78

The probability of failure, q would be 1 - p = 1 - 0.78 = 0.22

n = 6

a) Mean = np = 6 × 0.78 = 4.68

b) Variance = npq = 6 × 0.78 × 0.22 = 1.0

c) Standard deviation = √npq = √(6 × 0.78 × 0.22) = 1.0

d) The standard deviation is used to express the spread of the data from the mean. Therefore, most samples of 6 adults would differ from the mean by no more than 1.0

Prove your work what is 1/12 of a dozen Branliest

Answers

Answer:

1/12 of a dozen is 1

Step-by-step explanation:

One dozen means 12. If you ask for 1/12 of 12, you multiply 12 and 1/12. You should get 1 as your answer.

1/12 is a dozen of of 1

Please answer this correctly without making mistakes as my work is due today

Answers

Answer:

2

Step-by-step explanation:

Arranging them in ascending order we have the scores as;

[tex]2, 3, 3, 4, 4, 6, 8, 9, 9, 9[/tex]

The median is the average of the 5th and 6th scores.

[tex] \frac{4 + 6}{2} \\ \frac{10}{2} \\ 5[/tex]

The new set of scores become

[tex]2,3,3,4,6,8,9,9,9,9[/tex]

The median is;

[tex] \frac{6 + 8}{2} \\ \frac{14}{2} \\ 7[/tex]

The difference is

[tex]7 - 5 = 2[/tex]

Hope it helps! Vote for brainliest!

Consider the ski gondola from Question 3. Suppose engineers decide to reduce the risk of an overload by reducing the passenger capacity to a maximum of 15 skiers. Assuming the maximum load limit remains at 5,000 lb, what is the probability that a group of 15 randomly selected skiers will overload the gondola

Answers

Answer:

The probability that a group of 15 randomly selected skiers will overload the gondola = (3.177 × 10⁻⁵¹)

(almost zero probability showing how almost impossible it is to overload the gondola, therefore showing how very safe the gondola is)

Step-by-step explanation:

Complete Question

A ski gondola carries skiers to the top of the mountain. If the Total weight of an adult skier and the equipment is normally distributed with mean 200 lb and standard deviation 40 lb.

Consider the ski gondola from Question 3. Suppose engineers decide to reduce the risk of an overload by reducing the passenger capacity to a maximum of 15 skiers. Assuming the maximum load limit remains at 5,000 lb, what is the probability that a group of 15 randomly selected skiers will overload the gondola.

Solution

For 15 people to exceed 5000 lb, each person is expected to exceed (5000/15) per skier.

Each skier is expected to exceed 333.333 lb weight.

Probability of one skier exceeding this limit = P(x > 333.333)

This becomes a normal distribution problem with mean = 200 lb, standard deviation = 40 lb

We first standardize 333.333 lbs

The standardized score for any value is the value minus the mean then divided by the standard deviation.

z = (x - μ)/σ = (333.333 - 200)/40 = 3.33

To determine the required probability

P(x > 333.333) = P(z > 3.33)

We'll use data from the normal distribution table for these probabilities

P(x > 333.333) = P(z > 3.33) = 1 - P(z ≤ 3.33)

= 1 - 0.99957

= 0.00043

So, the probability that 15 people will now all be above this limit = (probability of one person exceeding the limit)¹⁵ = (0.00043)¹⁵

= (3.177 × 10⁻⁵¹)

(almost zero probability showing how almost impossible it is to overload the gondola, therefore showing how very safe the gondola is)

Hope this Helps!!!

What is the midpoint of the segment shown below?

Answers

Answer:

option a (-1,-1/2)

Step-by-step explanation:

apply mid point formula

Consider the function represented by 9x + 3y = 12 with x as the independent variable. How can this function be written using

function notation?

Fly) = -

f(x) = - 3x + 4

f(x) =

FCV) = -3y+ 4

Answers

Answer:

f(x) = -3x + 4

Step-by-step explanation:

Step 1: Write it in slope-intercept form

9x + 3y = 12

3y = -9x + 12

y = -3x + 4

Step 2: Replace y with f(x)

f(x) = -3x + 4

In math, function f(x) is equal to the variable y.

A perfect square number can never have the digit ….. at the units place.

a :1

b :9

c :8
please tell me the answer as soon as possible ​

Answers

Answer:

the answer is the last option, c :8.

find the mean of x,2x,3x,4x,5​

Answers

Answer:

Mean = 3x

Step-by-step explanation:

Mean = [tex]\frac{SumOfObservations}{TotalNumberOfObservations}[/tex]

Mean = [tex]\frac{x+2x+3x+4x+5x}{5}[/tex]

Mean = [tex]\frac{15x}{5}[/tex]

Mean = [tex]\frac{15x}{5}[/tex]

Mean = 3x

Hope it will help you.........

20 Find the area of the rectangle given that
the perimeter is 50 cm.
3m + 2
m - 5
F 32
G 7
H 46
J 9​

Answers

Answer: H - 46

Step-by-step explanation:

Primeter = 2(l + w)

50 = 2{(3m+2) + (m-5)}

25 = 3m+2 +m -5

25 = 4m -3

m = 28/4 = 7

l = 3m+2 = 23 cm

w = m-5 = 2 cm

Area = l x b

= 23 x 2 = 46 sq. cm.

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