Understanding Different Types of Credit
Check
Sort each scenario into the correct category based on the type of credit it represents.
title loan with collateral
Easy-Access Credit
Open-End Credit
V
Closed-End Credit
car loan
two-week payday loan
credit card
home loan
$2000 monthly line of credit
) Intro
Done
Answers
Answer:
EASY-ACCESS CREDIT:
1. title loan with collateral
2. two-week payday loan
OPEN-END CREDIT:
1. Credit card
2. $2000 monthly line of credit
CLOSE-END CREDIT:
1. home loan
2. car loan
The division of category on the basis of type of credit would be as follows:
Easy-Access Credit
1. Title loan with collateral
2. Two-week payday loan
OPEN-END CREDIT:
1. Credit card
2. $2000 monthly line of credit
CLOSE-END CREDIT:
1. Home loan
2. Car loan
Collateral CreditCredit is described as the amount that has been added to a specific account.
Easy-access credit is defined as the credit that is granted for an extremely short period of time and for such loans, the interests are extremely high.
While the open credit keeps the amount lent on repeat which is set at a particular limit(maximum).
Close-end credit in which the amount remains specified initially while it is being lent.
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Related Questions
Identifying Characteristics Determine the statements that characterize cylinders and cones. Check all that apply. Cylinders have two circular bases. Cones have one circular base. The lateral area of a cylinder is a triangle. The lateral area of a cone is a rectangle. The lateral area of a cylinder is related to circumference of the circular bases.
Answers
Answer:
a,b, and e
Step-by-step explanation:
i did the lesson on edge2020
A fair die is thrown. What is the probability that the score is not a factor of 6?
0000
5/6
1/6
2/3
1/2
Answers
Answer:
[tex]\frac{1}{3}[/tex] chance.
Step-by-step explanation:
The only factors of 6 on a die is 1, 2, 3, and 6
The chance of getting 4 or 5 (not factors of 6) is [tex]\frac{2}{6} =\frac{1}{3}[/tex] chance.
(None of the options you gave is correct)
The probability of getting numbers which is not a factor of 6.
[tex]P(E)=\frac{2}{6}=\frac{1}{3}[/tex]
To understand more, check below explanation.
Probability :The numbers on die which is factors of 6 is,
1,2,3,6
So that, numbers on die which is not factor of 6 is, 4 and 5.
We have to find probability that the score is not a factor of 6.
Total number of favorable outcomes = 2
Total outcomes = 6
Probability that the score is not a factor of 6,
[tex]P(E)=\frac{2}{6}=\frac{1}{3}[/tex]
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.- Alicia tiene una finca de 1 km2 de superficie. Dedica 28 hm2 a cultivar trigo, 3.900 dam2 a plantar olivos y el resto lo ha plantado de girasoles.¿ Cuántos metros cuadrados ocupan los girasoles?
Answers
Answer:
330 000 m²
Step-by-step explanation:
1. Area of farm
[tex]A = \text{1 km}^{2} \times\left (\dfrac{\text{1000 m}}{\text{1 km}} \right )^{2}= \text{1 000 000 m}^{2}[/tex]
2. Area for wheat
[tex]A = \text{28 hm}^{2} \times \left (\dfrac{\text{100 m}}{\text{1 hm}}\right)^{2} = \text{280 000 m}^{2}[/tex]
3.Area for olive trees
[tex]A = {\text{3900 dam}^{2} \times \left (\dfrac{\text{10 m}}{\text{1 dam}}\right )^{2}}= \text{390 000 m}^{2}[/tex]
4. Area for sunflowers
Total area = 1 000 000 m²
- Area for wheat = 280 000 m²
- Area for olive trees = 390 000
670 000
Area for sunflowers = 330 000 m²
Sunflowers occupy 330 000 m².
In Miss Ericksen's class, there are 18 boys and 15 girls. What is the ratio of boys to girls in Miss Ericksen's class? Simplify your answer.
Answers
Answer:
6:5
Step-by-step explanation
boys : girls
= 18 : 15
Now time to simplify:
18/3: 15/3
= 6:5
Zachary and Heather are measuring the growth of a plant for a science experiment. They stopped recording the growth after week 6. Which of the following could be a reasonable estimate for the value of the plant height at week 10?
35 inches
47 inches
50 inches
43 inches
will mark brainliest
Answers
Answer:
43, it raises by 4 each time. good luck!
Step-by-step explanation:
Mr. Tuyen uses 3 4 of a tank of gas each week to drive to and from his job. How many tanks of gas does Mr. Tuyen use in 3 weeks? Enter your answer as a fraction and as a mixed number.
Answers
Answer:
[tex]\frac{9}{4}[/tex] or [tex]2\frac{1}{4}[/tex]
Step-by-step explanation:
If Mr. Tuyen used 3/4 of a tank in a week, then in three weeks, he would use that same amount times three.
So: [tex]\frac{3}{4}[/tex] x 3 = [tex]\frac{9}{4}[/tex]
Hope this helps :)
1).He gastado 5/8 de mi dinero. Si en lugar de gastar los 5/8 hubiera gastado los 2/5 de mi dinero, tendria ahora 72 soles mas de lo que tengo¿cuanto NO gaste? 2). Si al año que cumpli 10 años le sumamos el año que cumpli 20 , y a este resultado le restas la suma del año en que naci con mi edad actual , obtendremos el año actual ¿cuanto resultara sumar mi edad con el año en que cumplire los 30 años y restarle el año en que cumplire los 40 años? AYUDA CON PROCEDIMIENTO PARA ESTOS DOS EJERCICIOS POR FAVOR
Answers
Answer:
1. The amount that was not spent is: 1080 soles
2. The answer is 5.
Step-by-step explanation:
Question 1. There are two situations:
If you spent 5/8 of the money then notice, that u did not spend 3/8.
If you spend 2/5 of the money, then you would have 72 more.
So think, this equation:
3/8x + 72 = 2/5x
2/5 of the money is the value for what you did not spend plus 72, the amount you would have, where x is the answer for the total of money.
72 = 2/5x - 3/8x
72 = 1/40x
x = 2880 soles
As you did not spend 3/8 of 2880, the answer is 1080 soles
Notice that if u spent 2/5 of 2880, you would have 1152 soles, so, the 1080 + 72, as the problem said.
Question 2.
We think letters for this excersise.
N = My born year
2020 (this year) - N = E (my age, now)
So N + 10 = when I get 10 years old
N + 20 = when I get 20 years old
N + 30 = when I get 30 years old
N + 40 = when I get 40 years old
The problem says:
(N+10) + (N+20) - (N+E) = 2020
((N+30)+E) - (N-40) = X
So if 2020 - N = E, then notice that 2020 - E = N. Let's replace this in the equation form:
((2020-E)+10) + ((2020-E)+20) - ((2020-E)+E) = 2020
No minus in the first two terms, so we can break the ( )
2020-E+10 + 2020-E+20 - ((2020-E)+E) = 2020
We apply the distributive property for the second term
2020-E+10 + 2020-E+20 - 2020+E-E = 2020
We can cancel two E, and the 2020, so the new form will be:
2020 - 2E + 30 = 2020
We can also cancel the 2020, so if we reorder the equation, we have:
-2E = -30
E = 15 That's my age, so my born's year is 2020 - 15 = 2005 (N)
Look:
(2005 + 10) + (2005+20) - (2005+15) = 2020
So now, the last part
((2005+30)+15) - (2005+40) = 5
A carpenter leans an extension ladder against a house to reach the bottom of a window 30 feet
above the ground. As shown in the diagram below, the ladder makes a 70° angle with the ground.
To the nearest foot, determine and state the length of the ladder.
Answers
Answer:The answer will be 35ft
Step-by-step explanation:
One way that you can answer this is by using sin law. You will put the length of a side on top and the corresponding angle that faces towards that side at the bottom of a fraction. So for this one it will be 30/sin(70) = x/sin(90) The 90 comes from the bottom of the building with the ground. And the side the angle faces is the ladder. After that you put 30sin(90)/sin(70) to find x. And you get 34.655 which rounds to 35 ft.
What is the value of the expression below ? 2[32-(4-1)]
There is a 3 in between the ) 3 ] but it looks like square / cubes something
Answers
The value of the expression [tex]2[32-(4-1)][/tex] is [tex]58[/tex] by simplifying.
SimplificationSimplification is the process of replacing a mathematical expression with an equivalent one, that is simpler and usually shorter.
How to simplify an algebraic expression?Apply the BODMAS rule to simplify the algebraic expression.
Given that the expression is [tex]2[32-(4-1)][/tex]
First, simplify the bracket [tex](4-1)[/tex]
Then, [tex]2[32-(4-1)]=2[32-3][/tex]
Simplify the bracket [tex][32-3][/tex]
Then, [tex]2[32-3]=2[/tex] × [tex]29[/tex]
Multiply the numbers [tex]2[/tex] and [tex]29[/tex]
[tex]2[/tex] × [tex]29=58[/tex]
Hence, the expression [tex]2[32-(4-1)][/tex] is simplified to [tex]58[/tex].
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Bob has taken out a loan of $15,000 for a term of 48 months (4 years) at an interest rate of 6.5%. Using the amortization table provided, what will be his total finance charge over the course of his loan?
Monthly Payment per $1,000 of Principal
Rate 1 Year 2 Years 3 Years 4 Years 5 Years
6.5% $86.30 $44.55 $30.65 $23.71 $19.57
7.0% $86.53 $44.77 $30.88 $23.95 $19.80
7.5% $86.76 $45.00 $31.11 $24.18 $20.04
8.0% $86.99 $45.23 $31.34 $24.41 $20.28
8.5% $87.22 $45.46 $24.65 $24.65 $20.52
9.0% $87.45 $45.68 $31.80 $24.89 $20.76
A.
$355.65
B.
$975.00
C.
$1,682.40
D.
$2,071.20
E.
$17,071.20
Answers
The total finance charge over the course of his loan is $2071.20.
It is required to find the total finance charge.
What is simple & compound interest?Simple Interest can be defined as the sum paid back for using the borrowed money, over a fixed period of time. Compound Interest can be defined as when the sum principal amount exceeds the due date for payment along with the rate of interest, for a period of time. Formula. S.I. = (P × T × R) ⁄ 100.
Given that:
Loan= $15,000
The table tells you that Bob's monthly payment on a 4-year loan at 6.5% will be 23.71 per thousand borrowed.
The sum of those 48 payments is ...
=48 × $23.71 =
=$1138.08
That means, Bob pays $138.08 in total finance charge for each $1000 he borrows. He is borrowing 15 times $1000.
so his total finance charge will be
= 15 × $138.08
= $2071.20
Therefore, the total finance charge over the course of his loan is $2071.20.
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Answer:
D.
$2,071.20
Step-by-step explanation:
Find the standard form of the equation of the parabola with a focus at (0, 6) and a directrix at y = -6.
A) y equals 1 divided by 24 x squared
B) y2 = 6x
C) y2 = 24x
D) y equals 1 divided by 6 x squared
Answers
Answer:
None of the options represent the right answer. (Real answer: [tex]y = 24\cdot x^{2}[/tex])
Step-by-step explanation:
The parabola shown above is vertical and least distance between focus and directrix is equal to [tex]2\cdot p[/tex]. Then, the value of p is determined with the help of the Pythagorean Theorem:
[tex]2\cdot p = \sqrt{(0-0)^{2}+[6-(-6)]^{2}}[/tex]
[tex]2\cdot p = 12[/tex]
[tex]p = 6[/tex]
The general equation of a parabola centered at (h,k) is:
[tex]y-k = 4\cdot p \cdot (x-h)^{2}[/tex]
It is evident that parabola is centered at origin. Hence, the equation of the parabola in standard form is:
[tex]y = 24\cdot x^{2}[/tex]
None of the options represent the right answer.
Answer:
y equals 1 divided by 24 x squared
Step-by-step explanation:
Just took the test
[tex]3\sqrt[5]{(x+2)^3}+3=27[/tex]
Show all work
Answers
Answer:
Step-by-step explanation:
[tex]3\sqrt[5]{(x+2)^{3}}+3=27[/tex]
[tex]3\sqrt[5]{(x+2)^{3}}=27-3[/tex]
[tex]ln 3\sqrt[5]{(x+2)^{3}}= ln 24[/tex]
[tex]ln 3 + ln\sqrt[5]{(x+2)^{3}}= ln 3 + ln 8[/tex]
[tex]ln\sqrt[5]{(x+2)^{3}}= ln 8[/tex]
[tex]\frac{3}{5} ln(x+2)= ln 8[/tex]
[tex]ln(x+2)=\frac{5}{3} ln 8[/tex]
x + 2 = [tex]\sqrt[3]{8^{5}}[/tex]
x = [tex]\sqrt[3]{8^{5}}[/tex] -2
type an equation for the line shown in the graph
Answers
So technically x+2=y
I Will pick brainless answer! A recipe for cookies requires 2/3 cup of butter. Rama wants to make 3/4 of the recipe. How many cups of butter should Rama used to make the cookies?
Answers
Answer:
d: 1/2
Step-by-step explanation:
Answer:D. 1/2 c
Step-by-step explanation:A recipe is 100% and 3/4 is 75%. 75% of 2/3 is 1/2.
15 POINTS! will be selecting Brainliest!
How do I do this? Please give step-by-step answers + "work"- will be selecting Brainliest!
Answers
Which function has the same range as f(x)=-2√x-3+8?
Answers
Answer:
[tex]g(x)=-\sqrt{x+3}+8[/tex]
Step-by-step explanation:
got it right
g(x) = - √x + 3 +8 has the same range.
What is the range of a function simple?The variety of a feature is described as a set of solutions to the equation for a given input. In different words, the range is the output or y fee of a characteristic. There is the most effective range for a given function.
What is range in a relation?The set which contains all the first elements of all the ordered pairs of relation R is known as the domain of the relation.
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The marcus family goes out to eat 4 nights during vacation. There are two adults and two children in their family
The first night they go out to a buffet, the cost is 24.99 per adult and 12.99 per child. Plus 8% sales tax, how much did dinner cost?
Answers
answer:
82.0476 i think
Step-by-step explanation:
Answer:
82.04 dollars
i hope this was helpful
Step-by-step explanation:
What is the volume of this rectangular prism?
Answers
Answer:
[tex] \frac{1}{2} {cm}^{3} [/tex]
Step-by-step explanation:
[tex]v = whl \\ = \frac{1}{4} \times 2 \times 1 \\ = \frac{2}{4} \\ = \frac{1}{2} {cm}^{3} [/tex]
hope this helps
brainliest appreciated
good luck! have a nice day!
mark has a friend named Chole how different are marks and chole DNA ?
Answers
Answer:
xx vrs. xy chromosomes in their genetics
Solve using elimination.
- 8x + 2y = -20
8x - 5y = 14
Answers
Answer:
x = 3, y = 2
Step-by-step explanation:
~ Through process of elimination ~
1. - 8x + 2y = -20
+ 8x - 5y = 14
2. Simplify to solve for y through simple algebra:
2y - 5y = -20 + 14 ⇒ - 3y = - 6 ⇒ y = 2
3. Now substitute this value of y into the to equation - 8x + 2y = -20 to get x:
- 8x + 2 ( 2 ) = -20 ⇒
-8x + 4 = -20 ⇒
-8x = -24 ⇒
x = 3
Given a triangle with side lengths 4.1 and 1.3, what is the range of possible sizes for x
Answers
Answer:
2.8-5.4
Step-by-step explanation:
4.1 minus 1.3 =2.8 4.1+1.3= 5.4 the answer will look like x<x< or something with the numbers idk for sure how it will look but i know the numbers are right
tan(-20°) = _____. -tan 20° tan 20° tan (-160°) -tan 160°
Answers
Answer:
-tan 20
Step-by-step explanation:
They have the same answer when typed in a calculator
Can you please help with think im pointing on please is so hard i will give you a Brainiest
Answers
Answer:
40
Step-by-step explanation:
You need to take 30%of 40 to figure it out.
Hope this helps.
If you spun the spinner 1 time, what is the probability it would land on a white piece?
Answers
Answer:
4/7
Step-by-step explanation:
Since there are 7 possible outcomes because there are 7 triangles the denominator will be 7. Since there are 4 white squares the chances of landing on one is 4/7
20 is what percent of 60
Answers
Answer:
30%
Step-by-step explanation:
Answer:
33.333333333333%
Step-by-step explanation:
Ronny is selling coffee mugs for $3.00. So far, he has earned $228.00. Ronny needs to earn more than $372.00 in order to meet his sales goal. How many more coffee mugs, x, does Ronny need to sell in order to reach his sales goal?
Answers
Answer:
He needs to sell at least 49 mugs.
Step-by-step explanation:
Since Ronny earned $228 and needs to earn more than $372, he needs to earn more than 372-228 = 144.
Since he sells a mug for $3 and needs more than $144, his earning must be greater than 144:
→ 3x > 144, x represents the number of coffee mugs
→ x > 48
→ x must be at least 49
Marrisa sold a total of 18,200 worth of clothing last week at her store.If her commision is 4% of sales,how much commisssion did she earn?
Answers
Answer:
She would earn 728 $ in commission
Step-by-step explanation:
What was the percentage decrease in the number of accidents between 1950 and 1976?
Answers
Answer:
the percentage decrease in the number of accidents between 1950 and 1976 is (25.9)
What is the equation of 4over 3 equal Y
Answers
Answer:
3y = 4 or 3y - 4 =0
Step-by-step explanation:
[tex] \frac{4}{3} = y \\ 4 = 3y \\ 3y - 4 = 0 \\ [/tex]
If you are good at 9th grade math tell me and send me your number so we can text I really need a tutor or just help please
Answers
Answer:
I'm super sorry that i can't help but if i could get you to my brother and ask him for his number i bet he'll be able to help. ;) and if u r a girl he's pretty desperate for a girlfriend so ..... yeah
Step-by-step explanation:
hope this helps and also hope my brother can help byyyyyeeeee
