Mathematics, 18.06.2021 14:00, deb2710
Paul and Sandy Moede signed an $8,650 note at Citizen’s Bank. Citizen’s charges a 5.4% discount rate. Assume the loan is for 270 days.
a. Find the proceeds. (Use 360 days a year. Round your intermediate calculations and final answer to the nearest cent.)
b. Find the effective rate charged by the bank. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest tenth percent.)
Answers: 3
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Ftara spends $219 a month for her car payment and she makes $3,200 a month, what percent of her monthly income is spent on her car payment?
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1. according to the internal revenue service, the mean tax refund for the year 2007 was $2,708. assume the standard deviation is $650 and that the amounts refunded follow a normal probability distribution. a. what percent of the refunds are more than $3,000? b. what percent of the refunds are more than $3,000 but less than $4,000? c. what percent of the refunds are less than $2,000?
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