Even though the principal would be paid off in just over 10 years, it costs the bank a lot of money to fund the loan. the rest of the loan is paid out in interest.
Given
It takes 30 years to pay off a $150,000 loan, even though you pay $1000 a month.
The loan amount is on monthly basis thus, they charge interest on a monthly basis, and thus as we repay a certain value of the loan and on the remaining value interest is charged which results in the higher values.
The amount of interest charged results in the higher cost of the loan amount and so it took more time to repay the loan than the actual time of the repay of the principal amount.
The amount you have to pay the bank is;
= $150000 + Interest
Hence, Even though the principal would be paid off in just over 10 years, it costs the bank a lot of money to fund the loan. the rest of the loan is paid out in interest.
To know more about Interest click the link given below.
Answer:
The producer will have maximum profit when x is 5000.
Step-by-step explanation:
Given C(x) = 0.000002x³ - 0.03x² + 400x + 80000
To find the level of production that will yield the maximum profit for the manufacturer, firstly, we differentiate C(x) to obtain C'(x), we then set the resulting quadratic expression to zero and solve. Whichever of the two values obtained from the quadratic equation will be tested to see what we want to find.
Differentiate C(x)
C'(x) = 3(0.000002)x² - 2(0.03)x + 400
= 0.000006x² - 0.06x + 400
Set C'(x) = 0
0.000006x² - 0.06x + 400 = 0
Solve using quadratic formula.
x = [-b ± √(b² - 4ac)]/2a
a = 0.000006
b = -0.06
c = 400
x = [-(-0.06) ± √((-0.06)² - 4(0.000006 × 400)]/2(0.000006)
= [0.06 ± √(0.0036 - 0.0096]/0.000012
= (0.06/0.000012) ± i√(0.006)/0.000012
= 5000 ± 6454.97i
x = 5000 + 6454.97i
Or
x = 5000 - 6454.97i
B. the points scored by a basketball player compared to his minutes played
C. the height of a woman compared to her age
D. the hours of daylight in a city throughout the year
The hours of daylight in a city throughout the year represent the negative linear correlation coefficient. Then the correct option is D.
Independent quantities with an inverse relationship tend to move in different directions.
In essence, any figure between 0 and -1 denotes an opposing movement of the equity stocks.
When the correlation coefficient becomes less than 0, there is a negative (opposite) correlation. This suggests that both parameters are moving in the obverse direction.
The hours of daylight in a city throughout the year represent the negative linear correlation coefficient
Then the correct option is D.
More about the negative linear correlation coefficient link is given below.
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Answer:
D. the hours of daylight in a city throughout the year
Step-by-step explanation:
-17
35
11
-35
Answer:
8a+1=33
Step-by-step explanation:
you can solve 3a-2=10 by simplifying to 3a=12, so a=4. Then you replace the a in 8a+1 with 4 to get 32+1, which is 33
Answer:
33
Step-by-step explanation:
3a-2= 10
3a=12
a=4
in this equation a=4 so you substitute that value into the other equation
8(4) +1=33