To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you $960. One month later, you get the guitar back by paying the pawnbroker $1,472. What annual interest rate did you pay? Round to the nearest tenth of a percent. ...?

Answers

Answer 1
Here is the solution of the given problem above. 
Given that the pawnbroker loans you $960, and a month later, you will be paying $1,472, we will find if how much is the annual interest rate.
Firstly, we need to deduct 960 from 1,472 and this gives us $512. $512 of 1,472 is 0.35%. We multiply 0.35% by 12 (annual 12 months) and the result is 4.17%. Therefore, the annual interest rate that you paid is 4.17%. Hope this answer helps.
Answer 2
Final answer:

The annual interest rate paid for the pawned guitar is calculated to be 640%, which is obtained by dividing the interest paid by the original loan amount to find the monthly rate and then multiplying by 12.

Explanation:

To calculate the annual interest rate paid for pawning the guitar, we need to first determine the total interest paid, then the monthly interest rate, and finally convert that to an annual rate. The interest paid is the difference between the amount received from pawning the guitar and the amount paid to redeem it, which is $1,472 - $960 = $512.

As the loan was for one month, we can determine the monthly interest rate by dividing the interest paid by the principal amount. This gives us $512 / $960 = 0.5333 or 53.33%. To find the annual interest rate, we multiply the monthly rate by 12 (the number of months in a year). Thus, the annual interest rate is 53.33% * 12 = 640%.

It's important to note that this is an extremely high rate of interest, which is not uncommon for pawnshop loans or other short-term high-risk loans.


Related Questions

Which Equation represents this problem?

Pauline can spend $36 on bus fare each week. She needs to ride the bus 5 days a week. How much can she spend each day on bus fare?
A.
36 + b = 5

B.
5 x b = 36

C.
5 ÷ b = 36

D.
36 – b = 5

Answers

The answer has to be C



Which points are solutions to the linear inequality y < 0.5x + 2? Check all that apply.

(–3, –2)  

(–2, 1)

(–1, –2)

(–1, 2)

(1, –2)

(1, 2)

Answers

The answer is (1,-2) and (1,2)

Answer:

Points (-3,-2), (-1,-2), (1,-2) and (1,2) are solutions to the given inequality.

Step-by-step explanation:

We are given the following inequality in the question:

[tex]y < 0.5x + 2[/tex]

We have to check which points give the solution to the given inequality.

1) (-3,-2)

Putting the values in the given inequality:

[tex]-2 < 0.5\times (-3) + 2\\-2 < 0.5\\\text{which is true}[/tex]

The above point is a solution to the given inequality.

2) (-2,1)

Putting the values in the given inequality:

[tex]1 < 0.5\times (-2) + 2\\1 < 1\\\text{which is not true}[/tex]

The above point is not a solution to the given inequality.

3) (-1,-2)

Putting the values in the given inequality:

[tex]-2 < 0.5\times (-1) + 2\\-2 < 1.5\\\text{which is true}[/tex]

The above point is a solution to the given inequality.

4) (-1,2)

Putting the values in the given inequality:

[tex]2< 0.5\times (-1) + 2\\2 < 1.5\\\text{which is not true}[/tex]

The above point is not a solution to the given inequality.

5) (1,-2)

Putting the values in the given inequality:

[tex]-2 < 0.5\times (1) + 2\\-2 < 2.5\\\text{which is true}[/tex]

The above point is a solution to the given inequality.

6) (1,2)

Putting the values in the given inequality:

[tex]2 < 0.5\times (1) + 2\\2 < 2.5\\\text{which is true}[/tex]

The above point is a solution to the given inequality.

Points (-3,-2), (-1,-2), (1,-2) and (1,2) are solutions to the given inequality.

When n = energy efficiency and Pin = energy input and Pout = energy output, how can you mathematically represent the correct relationship between the energy you put in something and the energy you get out?
A. n = P out * P in
B. n = P out / P in
C. n = P out - P in ...?

Answers

Energy efficiency computes the amount of input power converted into output power. Thus, n = Pin / Pout. Therefore, B.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

Answer:

[tex]n=\frac{P_{out}}{P_{in}}[/tex]

Step-by-step explanation:

We know that,

[tex]\text{Energy efficiency}=\frac{\text{Energy out put}}{\text{Energy in put}}[/tex]

If [tex]P_{in}[/tex] represents the energy input,

[tex]P_{out}[/tex] represents the energy output,

And, n represents energy efficiency,

Hence, the required formula would be,

[tex]n=\frac{P_{out}}{P_{in}}[/tex]

i.e. OPTION B is correct.

HELP ME ASAP!! Some red white and blue candies were placed in a bowl. Some contain nuts, and some do not. Suppose one of the candies were chosen randomly from all the candies in the bowl. According to the table below, if the candy is blue, what is the probability that is does not contain any nuts?
Red with nuts=10. Red without nuts=10. White with nuts=20. White without nuts=10. Blue with nuts=20. Blue without nuts=30.
A. 20%
B. 40%
C. 60%
D. 10%

Answers

Answer:

Option C: 60%

Step-by-step explanation:

The number of blue candies with nuts = 20

The number of blue candies without nuts = 30

The total number of blue candies = 20 + 30 = 50

As the chosen candy is blue, the probability that is does not contain any nuts will be = (The number of blue candies without nuts)/(Total number of blue candies)

So, the probability = 30/50 = 0.6 *100% = 60%

Answer: 20%

Step-by-step explanation:

solve
3x + 2y + 5x - y

Answers

Put your like terms together:
3x + 5x = 8x
2y - y = y
and then just put your two final answers together to get your final equation:
8x + y

Answer: 8x+y

Step-by-step explanation:

you always combine your like terms, a trick is to put a line infront of your equation signs making it look like 3x/+2y/+5x/-y. This makes it easier to see if your terms are positive or negative. Now you have 5x+3x and 2y-y giving you 8x+y because its still positive.

What is the average rate of change of the function below on the interval from x = 0 to x = 2?

f(x)=250(0.5)x


A. -93.75


B. 62.5


C. 0


D. -0.25

Answers

B. 62.5 hope this works for ya

I don't know what to do ?

Answers

marry is 14 years old

A line tangent to a circle is ________ to a radius of the circle at the point of tangency.
congruent
perpendicular
parallel
similar

Answers

The answer is perpendicular

Answer:

Perpendicular... I had the same question and I got a 100%! Hope this helps!


Juanita is cutting a piece of construction paper in the shape of a parallelogram. Two opposite sides of the parallelogram have lengths (5n − 6) cm and (3n − 2) cm. The third side measures (2n + 3) cm. What are the lengths of two adjacent sides of the parallelogram?

A)2 cm and 2 cm
B)4 cm and 7 cm
C)7 cm and 9 cm
D)13 cm and 19 cm

Answers

To find this, set the opposite ends equal to one another and solve for n

5n-6 = 3n-2  subtract 3n from both sides
2n-6 = -2      add 6 to both sides
2n = 4          divide both sides by 2
n=4

now use this to solve for the sides
5n-6
5(2) -6
4
and 
2n+3
2(2) +3
7
adjacent means next to each other so it is 4 and 7 +B

Brainliest is always appreciated !

The equation 9(u – 2) + 1.5u = 8.25 models the total miles Michael traveled one afternoon while sledding, where u equals the number of hours walking up a hill and (u – 2) equals the number of hours sledding down the hill. Which is the value of u?

Answers

9(u – 2) + 1.5u = 8.25
9u - 18 + 1.5u = 8.25
10.5u = 8.25 + 18
10.5u = 26.25
u = 26.25 / 10.5
u = 2.5

Answer:

2.5

Step-by-step explanation:

Given: The equation [tex]9(u - 2) + 1.5u = 8.25[/tex]models the total miles Michael traveled one afternoon while sledding.

To Find: Which is the value of u?

Solution:

[tex]9(u - 2) + 1.5u = 8.25[/tex]

[tex]9u - 18+ 1.5u = 8.25[/tex]

[tex]10.5u = 8.25+18[/tex]

[tex]10.5u =26.25[/tex]

[tex]u =\frac{26.25}{10.5}[/tex]

[tex]u =2.5[/tex]

Hence the value of u is 2.5

When you pay a bill in full, you are

Answers

paying it off. when you pay a bill in full you have to pay it all off

A triangular tent flap measures 3 1/2 ft along the base and has a height of 4 1/2 ft. How much canvas is needed to make the flap

Answers

Assuming the equation is asking us for Area...

Area of a triangle is:

A = [tex] \frac{1}{2} [/tex]b*h

with b = base
and h = height

so area = (0.5)(3.5)(4.5)

             =7.875 ft^2

*NOTE: not sure how to show area in feet and also brainiest answer would be nice  :D
You're finding area which is 1/2(b(h)) so it's 1/2(3.5(4.5)) = 1/2(15.75) = 7.875 (which is 7 7/8) feet squared of course. Thanks for letting me help!

Find an equation of the tangent line to the curve
y = 8x sin x at the point (π/2, 4π).
y'=8(sinx)+8xcosx
8(sinπ)+8π(cosπ)
0+(-8π)

Answers

Hello
We know that upon differentiating a function at a certain point, we can obtain its gradient at that point. That will also be the gradient of its tangent line. Thus,
y = 8x * sin(x)
y' = 8x * cos(x) + 8sin(x)
Evaluating the gradient at the given point, we insert pi/2 for x.
gradient = 8(pi/2) * cos(pi/2) + 8sin(pi/2)
= 2pi*sqrt(2) + 4(sqrt(2))
The equation of the line will be in the form y = mx + c; where m is the gradient and c is the y intercept. To calculate the y-int, we insert the given x and y values:
4pi = [2pi*sqrt(2)+4(sqrt(2))]*(pi/2) + c
c = -1.98
Thus, the equation is:
y = 14.5x - 1.98

Your math teacher manages a campground during summer vacation. He loves math so much that he has mapped the campground on a coordinate grid. The campsites have the following coordinate: Brighton Bluff at B(2,2), ponaganset peak at P(4,10) and harmony hill at h(12,2) he wants to build showers that are equidistant from all three campsites. Find the coordinates of the point where the shower should be placed.

Answers

Answer:

(5,5)

Step-by-step explanation:

Step 1) Find the perpendicular bisector of BP Step 2) Find the perpendicular bisector of BH Step 3) The intersection point of the perpendicular bisector is where the showers would be built. This is the circumcenter of the circumscribed circle. After doing all of this, you should get that answer.. (5,5)

Solve for u
3(2u+5)=33
Simplify your answer as much as possible.

Answers

6u+15=33
6u=33-15
6u=18
u=3

U = 3 Is the answer!!!
HOPE THIS HELP!! :D

Bob gets paid an annual salary of $30,000 and earns 5% commission on all sales he makes. If Bob wants to make $6,000 this month, how much in sales does he need to have?

Answers

The answer is 70,000 sales.

Bob gets paid an annual salary of $30,000, which means that monthly he gets:
$30,000 : 12 months = $2,500 per month

x - number of sales
Bob earns 5% commission on all sales he makes: x * 5% = x * 0.05 = 0.05x

The function is:
f(x) = 2,500 + 0.05x

Bob wants to make $6,000 this month: f(x) = 6,000

2500 + 0.05x = 6000
0.05x = 6000 - 2500
0.05x = 3500
x = 3500 : 0.05
x = 70000 sales

Answer: Correct answer is 70,000 just took the test

A florist shop represents its first month’s sales with the equation y=168x+8, where x represents the number of days that the shop is open and y represents the sales in dollars. The owner of the shop would like to calculate the number of days it took to reach $3,200 in sales. Which would be used to solve the problem?

A-Substitute 3,200 for x.
B-Add 8 and 3,200.
C- Divide 3,192 by 168.
D-Isolate y in the equation.

Answers

The answer is C 
you substitute 3200 in for y
3200 = 168x +8
3192 = 168x
x=19

Answer:

Option C is the answer.

Step-by-step explanation:

A florist sale is for it's first month is represented by the equation y = 168x + 8

Here y represents the sales in dollars and x represents number of days.

Now we have to calculate the number of days it took to reach $3200 in sales.

For this we will substitute $3200 in place of y and find the value of x by solving the equation.

3200 = 168x + 8

168x = 3200 - 8 = 3192

[tex]x=\frac{3192}{168}=19[/tex]

Therefore Option C. is the correct option.

If parallelogram ABCD was reflected over the y-axis, reflected over the x-axis,and rotated 180°, where would point A' lie?

[Hint: Place your coordinates in the blank with no parantheses and a space after the comma in the form: x, y.] (5 points)

Answers

The answer to the problem is as follows:

(x,y)−−−>(−x,y)
---->it is reflect across y axis
(x,y)−−−−>(x,−y)
--->across x axis
 
rotate 180 (x,y) ---> (-x,-y)
 
so it's (-4,1) i am right

I hope my answer has come to your help. God bless and have a nice day ahead!

Point A is (-4,1) .Point A is reflected along y axis  so y will remain same and x coordinate will have opposite sign .The reflected point A' ---(4,1) .The point is now reflected along x axis so its x ordinate will remain same and y will be at an equal distance from x axis The new reflected point is A" (4,-1) .The point is now rotated 180 degrees the x and y coordinate changes sign so the rotated final point is  A"'( -4,1).

Constructing a box. From a rectangular piece of cardboard having dimensions 20 inches x 30 inches, an open box is to be made by cutting out identical squares of area x^2 from each corner and turning up the sides.

(a) Show that the volume of the box is given by the function V(x)=x(20-2x)(30-2x).

(b) Find all positive values of x such that V(x)>0. ...?

Answers

height=x length=20-2(what u cut out)=20-2x width=30-2(what u cut out)=30-2x so v(x)=l*w*h=x(20-2x)(30-2x) b) (0,10)

What are the common factors of 30 and 300?

Answers

1, 2, 3, 5, 6, 10, 15, 30

how do i find the finite approximation to estimate the area using the lower sum of 4 rectangles for f(x)= 4-x^2 between x=-2 and x=2?
...?

Answers

the primary rectangle would be from - 2 to - 1. 
f(- 2) = 0 
f(- 1) = 2 
this rectangle has 0 stature, subsequently it has no territory. A = length * width = 0. 


second rectangle from - 1 to 0 
f(- 1) = 2 
f(0) = 4 
this rectangle has stature of 2 (the base). range = stature * width = 2 * 1 = 2

 third rectangle from 0 to 1 is the same 
A3 = 2 
fourth rectangle from 1 to 2 is the same as the first: 
A4 = 0 * 1 = 0 
Add up to range = A1 + A2 + A3 + A4 = 4

A once thriving company in Teaneck had its monthly profits, in thousands of dollars, modeled by the equation?
f(t) = t^2 + 9/ 1t^2 + 2

where t is in months after June 1st, 2002.

Estimate the company's profits on June 1st, 2002.
Estimate the company's profits many years into the future

Answers

- The company`s profits on June 1st, 2002:
t = 0
f ( 0 ) = ( 0² + 9 ) / ( 0² + 2 ) = 9/2 = 4.5 ( or $4,500 )
- The company`s profits many years into the future:
[tex] \lim_{t \to \infty} \frac{ t^{2}+9}{ t^{2} +2}= \\ = \lim_{t \to \infty} \frac{2t}{2t} = 1 [/tex]
( or  $1,000 )

Answer:

1) 4.5%    2)1%

Step-by-step explanation:

Given equation The monthly profits: [tex]f(t) = \frac{t^2 + 9}{t^2 + 2}[/tex]

where t is in months after june 1st,2002

To find : The company's profits on June 1st, 2002

which means t=0

⇒ [tex]f(0) = \frac{0^2 + 9}{0^2 + 2}[/tex]

⇒ [tex]f(0) = \frac{9}{2}[/tex]

⇒ [tex]f(0) = 4.5[/tex]  

The company's profits on June 1st, 2002 = 4.5%

To find :The company's profits many years into the future

we take limit tends to infinity

[tex]\lim_{n \to \infty}( \frac{t^2 + 9}{t^2 + 2})[/tex]

[tex]\lim_{n \to \infty}( \frac{2t}{2t})=1[/tex]

The company's profits many years into the future = 1%


Determine whether the following relation is a function.
{(3,7), (3,8), (3,-2), (3.4),(3,1)}
A) it is a function because the ordered pairs all have the same x-value.
B) it is not a function because there are multiple y-values paired with a single x-value.
C) it is a function because none of the ordered pairs have the same y-value.
D) it is not a function because none of the ordered pairs have the same y-value.

Answers

The relation is not a function it is not a function because there are multiple y-values paired with a single x-value. Option B.

Is the relation a function?

A relation is a function only if every input is mapped into a single output.

Here we have the relation {(3,7), (3,8), (3,-2), (3.4),(3,1)}

Remember that the first number of each pair is the input, so we can see that all the inputs are the same one

So the input x = 3 is mapped into different outputs, thus, this is not a function.

Learn more about functions:

https://brainly.com/question/11624077

#SPJ3

The correct option is B) it is not a function because there are multiple y-values paired with a single x-value.

To determine if a relation is a function, one must check if each x-value is associated with exactly one y-value. In other words, for every x, there should be one and only one y. This is known as the vertical line test in the context of graphs.

Let's examine the given set of ordered pairs: {(3,7), (3,8), (3,-2), (3,4), (3,1)}.

We can see that the x-value of 3 is repeated with different y-values: 7, 8, -2, 4, and 1.

This means that the x-value of 3 is associated with multiple y-values, which violates the definition of a function.

Therefore, the relation is not a function because it fails to satisfy the condition that each x-value must correspond to exactly one y-value.

The presence of multiple y-values for a single x-value is the key indicator that the relation is not a function.

y=f(x)=1/x. Use algebra to find a simplified rational expression for the slope of the line between (3, f(3)) and (3+h, f(3+h))?? h cannot=0. ...?

Answers

[tex]f(x)= \frac{1}{x} \\ \\ (3,f(3))=(3,\frac{1}{3} ) \\ \\ (3+h,f(3+h))=(3+h,\frac{1}{3+h} ) \\ \\ m= \frac{\frac{1}{3+h}-\frac{1}{3}}{3+h-3} =\frac{ \frac{3-(3+h)}{3(3+h)}}{h} =\frac{ 3-3-h}{3(3+h)h} = \frac{-h}{3(3+h)h} =- \frac{1}{3(3+h)} [/tex]

Solve for x. -3(x-5)-2x=-10

Answers

-3x+15-2x=-10
-5x+15=-10
-5x=-10-15
-5x=-25
X=5
Ask me if you have a question. :D

A dolphins heart beats 688 times in 6 minutes

Answers

In one minute, the heart beats 114 2/3 times
That's 114 .7 beats per minute (rounded to nearest tenth)

What is the smallest positive value for x where y=sin2x reaches its maximum? How do you figure this out? ...?

Answers

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.

The amplitude of sin(x) is 1, so we want

sin (2x) =1 

taking inverse sin, we get
2x = [tex] \pi /2[/tex]

divide by 2 and we get
x = [tex] \pi /4[/tex]
Final answer:

To find the smallest positive value for x where y = sin^2x reaches its maximum, we can set sin^2x = 1 and solve for x. The smallest positive value of x where y = sin^2x reaches its maximum is pi/2.

Explanation:

To find the smallest positive value for x where y = sin^2x reaches its maximum, we need to consider the properties of the sine function. The sine function oscillates between -1 and +1, with the maximum value of sin^2x being 1. Since the maximum value of sin^2x is 1, we can set sin^2x = 1 and solve for x.

Applying the property of sin^2x = 1, we have:

sin^2x = 1
Taking the square root of both sides, sinx = ±1
Since we are looking for the smallest positive value of x, we take sinx = 1
This means that x = π/2 + 2πn, where n is an integer.

Therefore, the smallest positive value for x where y = sin^2x reaches its maximum is π/2.

mrs. fletcher bought 5 coins for $32 each later she sold all the coins for $300 how much more did mrs. fletcher receive for each coin that she paid

Answers

She recieved 28 more dollars for each coin that she paid.

Answer:

She received $60 for each coin.

Step-by-step explanation:

Mrs. Fletcher bought 5 coins for $32.Then, she sold them for $300.

We need to divide to know how much Mrs. Fletcher received for the coins

[tex]\frac{\$300}{5}=\$60[/tex]

She received $60 for each coin.

Now, each coin had a cost of

[tex]\frac{\$32}{5}= \$6.40[/tex]

So, he earned a profit of

[tex]\$60 - \$6.40=\$53.60[/tex]

What is the negative reciprocal of 3/4 or three over 4

Answers

I believe it would be -4/3.

Final answer:

The negative reciprocal of 3/4 is -4/3. This is found by inverting the fraction to get 4/3 and then applying the negative sign.

Explanation:

The negative reciprocal of a number refers to the value that, when multiplied by the original number, results in -1. For the fraction 3/4 (three over four), taking the reciprocal involves flipping the numerator and the denominator, which gives us 4/3. Making this reciprocal negative results in -4/3. The concept of reciprocals relates to the broader mathematical principles of multiplication and division, where negative exponents indicate the inverse of the corresponding positive exponent. For example, x to the power of -1 is equal to 1 divided by x to the power of 1, which demonstrates how negative exponents introduce division into the operation.

8 less than a number n is less than 11

Answers

take 11 and add 8 that gives you n so n= 19

Final answer:

To find the number n in the inequality '8 less than a number n is less than 11', we can set up and solve the inequality n - 8 < 11. The answer is that the number n is less than 19.

Explanation:

The question states that 8 less than a number n is less than 11. To solve this, we can set up the inequality:

n - 8 < 11

To isolate n, we can add 8 to both sides:

n < 11 + 8

n < 19

So, the answer is that the number n is less than 19.

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