Webster Digital received a promissory note of $8,000 for 9 months at 7% simple interest from one of its customers. After 4 months, the note was discounted at Bank of Aventura at a discount rate of 10%. What are the proceeds Webster Digital will receive from the discounted note? (Round to the nearest cent)

Answers

Answer 1
Maturity value is given by

[tex]FV=P(1+rt)[/tex]

where: P is the initial value of the promissory note, r is the simple interest rate, and t is the time period (in years).

Given that Webster Digital received a promissory note of $8,000 for 9 months at 7% simple interest from one of its customers.

P = &8,000; t = 9 months = 9 / 12 = 0.75 years; r = 7% = 0.07

[tex]FV=8000(1+(0.07\times0.75)) \\ \\ =8000(1+0.0525)=8000(1.0525) \\ \\ =\$8,420[/tex]

The proceed from a discounted promisory note is given by

[tex]X=FV(1-dt)[/tex]

where: FV is the maturity value of the promissory note, d is the discount rate and t is the number of years remaining from the time the note was discounted to the maturity date.

Given that after 4 months, the note was discounted at Bank of Aventura at a discount rate of 10%.

t = 9 months - 4 months = 5 months = 5 / 12 years; d = 10% = 0.1; FV = $8,420

[tex]X=8420\left(1-\left(0.1\times \frac{5}{12} \right)\right) \\ \\ =8420\left(1- \frac{1}{24} \right)=8420\left( \frac{23}{24} \right) \\ \\ =\$8,069.17[/tex]

Therefore, the proceed is $8,069.17

Related Questions

1. Write the ratio in the simplest form. 16:24 (1 point) 1:2 4:3 3:4 2:3

Answers

Any ratio can be simplified into its simplest form by dividing the numerator and denominator by the common factor.

The given ratio is 16:24. To bring the ratio in its simplest form we will look for the factors of 16 and 24 and look for the greatest number that divides both 16 and 24.

The  greatest number that divides both 16 and 24 is 8.

16÷8=2

24÷8=3.

The ratio 16:24 in its simplest form is 2:3

The solution for the ratio in the simplest form is, 2 : 3

Given that,

16:24 is the specified ratio.

Now, By finding the largest integer that divides both 16 and 24 and the factors of 16 and 24, we may reduce the ratio to its most basic form.

Hence, 8 splits both 16 and 24 to the maximum possible extent.

So, we get;

16 / 8 = 2

24 / 8 = 3

Thus, the simplest form of the fraction is,

⇒ 16 : 24

⇒ 16 / 24

⇒ 2 / 3

It can be written as,

⇒ 2 : 3

So, the simplest form is,

⇒ 2 : 3

Learn more about the ratio visit:

https://brainly.com/question/12024093

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what is the function of delta sign in maths

Answers

The uppercase delta Δ means "change in" so for example: Δx = difference between two x values.

The lowercase delta which Brainly does not have, looks like a squiggly lowercase d. It generally means "very small change in".

Final answer:

The delta sign (Δ) in mathematics indicates a change in a certain quantity, calculated by subtracting the initial value from the final value, commonly used for indicating displacement in physics.

Explanation:

The delta sign (uppercase Greek letter delta, Δ) is commonly used in mathematics to denote a change in a certain quantity. When we say Δx, it signifies the 'change in x' or the difference between the final and initial values of 'x'. This is typically calculated by subtracting the initial value xo from the final value xf. For instance, if we're calculating displacement, which is a change in position, we subtract the starting position xo from the ending position xf to get Δx. The SI unit for displacement is the meter, but other units such as kilometers may also be used, requiring conversion to meters for consistency in calculations.

Add the two expressions. 8k + 4 and 3k + 8
Enter your answer in the box.

THE ANSWER IS 11K + 12

Answers

11k + 12 is the answer

Which two sets of angles are corresponding angles?
∠e and ∠h; ∠f and ∠g
∠e and ∠i; ∠f and ∠h
∠e and ∠g; ∠f and ∠h
∠e and ∠i; ∠f and ∠g

Answers

The answer should be the third option. This is because the triangle in the left is rotated. If we rotate it to the correct side, where the 4 side goes to the right, the triangle will be similar to the left one. When 2 triangles r similar, even their length is different, but the 3 angles are same to each other.

4. FH bisects ∠GFI, m∠EFG = 4y + 8 and m∠HFI = 2y + 6. Find m∠EFH.


please help me solve this

Answers

Angle EFH is 134 degrees.

Answer:

m∠EFH=134

Step-by-step explanation:

FH bisects ∠GFI

So m<GFH=m<HFI

m∠EFG = 4y + 8 and m∠HFI = 2y + 6

m<GFH=2y+6

[tex]m<EFG+m<GF+m<HFI= 180[/tex] because its a linear pair

[tex]4y+8+2y+6+2y+6=180[/tex]

combine like terms and solve for y

[tex]8y+20=180[/tex]

Subtract 20 from both sides

[tex]8y=160[/tex]

Divide both sides by 8

y=20

m∠EFH=m<EFG+m<GFH

m∠EFH=[tex]4y+8+2y+6=6y+14=6(20)+14=134[/tex]

Which expression would the model be most helpful in solving 5/6

Answers

5/6 divided 1/6, this is the correct answer

Ogden and Sylvio are both running backs for their respective football teams. Sylvio ran for a total of 82 yards while Ogden ran for a total of -21 yards. What is the difference in the number of yards they ran?

Answers

The difference between the yards is -103

Of video game that originally cost $25.99 is on sale for 50% off if you have $14 would you have enough money to buy the video game explain (estimate)

Answers

Just round 25.99 to 26 and divide it by two. This gives you 13, which is less than 14.. You would be able to buy the video game.

Final answer:

After calculating 50% of $25.99, which is approximately $13, we find that the estimated sale price of the video game is $13. Therefore, if the student has $14, they will have enough money to buy the discounted video game.

Explanation:

The student is asking whether $14 would be enough to purchase a video game that is on a 50% off sale from its original price of $25.99. To find the sale price, we can take 50% of the original price and subtract it from the original price itself.

First, calculate 50% of $25.99: (0.50) imes $25.99 = $12.995. Since we are estimating, round the 50% value to $13. Now, subtract that from the original price to get the sale price: $25.99 - $13 = $12.99 (rounded to $13 for easier calculation).

In this estimate, the sale price is $13, which means that if the student has $14, they would have enough money to buy the video game on sale because $14 is greater than $13. Therefore, they will have $1 left after the purchase.

malcolm buys a 5/6 pound bag of black beans and a 3/4 pound bag of pinto beans. how many pond of beans does malcolm buy in all

Answers

5/6 + 3/4

5/6 = 10/12

3/4 = 9/12

10/12 + 9/12 = 19/12 = 1 7/12 pounds total

Answer: the answer is 1 7/12 pounds

Step-by-step explanation:

Because 5/6+3/4=1 7/12

The function f(x) is graphed on the coordinate plane.
What is f(−2) ?
Enter your answer in the box.
f(−2)=

Answers

The answer is f(-2)=-2, go over -2 units and move vertically -2 units

Answer:

The value of f(-2) is, -2

Step-by-step explanation:

The graph which is shown on the coordinate plane passes through the two points i.e, (2,0) and (0, -1).

First find the equation for this line:

Using Point-Slope form for the equation of line: [tex]y-y_{1}=m(x-x_{1})[/tex]  ..[1]

where m is the slope given by ;

[tex]m=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex]

First find the slope:

[tex]m=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}=\frac{-1-0}{0-2}[/tex]

⇒ [tex]m=\frac{-1}{-2} =\frac{1}{2}[/tex]

Now, substitute the value of m=[tex]\frac{1}{2}[/tex] , [tex]x_{1}[/tex]= 2and [tex]y_{1}[/tex]=0 in equation [1];

[tex]y-0=(\frac{1}{2})(x-2)[/tex] or

[tex]y=\frac{1}{2}\cdot (x-2)[/tex]

In this graph x represents the input of the process and Y the output of the process and f the function of the variable x i.e, y=f(x)

∴ [tex]y=f(x)=\frac{1}{2}(x-2)[/tex]        ....[2]

now, we put the value of x=-2 inequation [2] to solve for f(-2).

[tex]f(-2)=\frac{1}{2}(-2-2) =\frac{1}{2} \cdot (-4)[/tex]

Simplify we get;

[tex]f(-2)=-2[/tex]





what is 0.6144 divided by 1.6

Answers

0.384 is the correct answer :3
The answer is 0.384 if divide correctly.

Hoped this helped : )

Round to the place value of the underline digit 934,567 the underline digit is 4

Answers

4,600 is the place value or you can just say 4,000

Use the distributive property to express 16+48

Answers

Final answer:

The sum of 16 and 48 can be expressed using the distributive property by factoring out the common factor of 16, yielding 16 + 48 = 16(1 + 3).

Explanation:

The question involves using the distributive property, a concept in mathematics, to express the sum of two numbers, specifically the numbers 16 and 48. To apply the distributive property, we look for a common factor that can be factored out. In this case, the common factor of both 16 and 48 is 16. Therefore, we can express the sum as:

16 + 48 = 16(1 + 3)Here, we've factored out the number 16 that is common to both terms in the sum. The distributive property allows us to then multiply 16 by each term inside the parentheses to get back the original expression.

This is an example of how the distributive property can simplify expressions and aid in mental calculations, such as understanding that 48 can be divided evenly by 16, resulting in 3.

Eric biked 1 km 125 m on Monday. On Tuesday, he biked 375 m less than on Monday. How far did he bike both days

Answers

First, let's convert 1 km 125 m into metres.
1 km = 1000 m
1.125 km - 1,125 m

On Tuesday, Eric biked 375 metres fewer than on Monday.
1125 - 375 = 750 m
Eric biked 750 m on Tuesday.
On both days he biked 1125 + 750 = 1,875 m or
1 kilometre and 875 metres

Is 15/2 greater then square root of 55

Answers

Final answer:

Yes, 15/2 is greater than the square root of 55.

Explanation:

To compare whether 15/2 is greater than the square root of 55, we can convert both expressions to decimal form.

15/2 = 7.5 and √55 ≈ 7.416. Therefore, 15/2 is greater than the square root of 55.

There are 16 sixth graders and 20 seventh graders in the robotics club. For the first project the club sponsor wants to organize the club members into equal size groups. Each group will have only sixth graders or only seventh graders how may students will be in each group if each group has the greatest possible numbers of club members?

Answers

You will have 9 groups and the max will be 4 people in each group

Answer:

There will be 4 students in each group and there will be 9 groups.

Step-by-step explanation:

There are 16 sixth graders and 20 seventh graders in the robotics club.

As we have to find the number of students that will be in each group if each group has the greatest possible numbers of club members, so we will find the HCF or highest common factor of 16 and 20.

16 = 2 x 2 x 2 x 2

20 = 2 x 2 x 5

HCF = 2 x 2 = 4

So, 16 sixth graders will be divided in [tex]\frac{16}{4}=4[/tex] groups

20 seventh graders will be in [tex]\frac{20}{4}=5[/tex] groups

total groups = [tex]4+5=9[/tex]

Hence, total there will be 9 groups with 4 students in each group.

Do these questions, plz ☹️☹️

Answers

1.

He fills 5/6 lb per bag.
If he fills up 6 bags, he will use 6 * 5/6 lb = 5 lb.
Since he gets peanuts in 2-lb bags, he'd use 2 1/2 2-lb bags.
If he fills double that amount, 10 5/6-lb bags, he will use 10 lb of peanuts which is exactly 5 2-lb bags.
Answer: He should buy 5 2-lb bags.

2.

Each board has length x.
He cuts 3/5 of the length.
Each leftover piece is 2/5 of the length, or 2/5 x.
When he puts together several of the leftover pieces, he has 4 times the length of the original board, or 4x.
4x/(2/5 x) = 4x * 5/2 x = 10x

He has cut 10 boards.

Given that the hypotenuse of this right triangle is 25 cm long and that tan(Θ) = 3 Find the values of x and y, accurate to the nearest tenth. A) x ≈ 7.9; y ≈ 23.7 B) x ≈ 23.7; y ≈ 7.9 C) x ≈ 7.9; y ≈ 26.4 D) x ≈ 26.4; y ≈ 79.1

Answers

The wording of this problem indicates that there was an illustration.  Could you possibly share that illustration?

Working without an illustration:

If tan theta = 3, then tan theta = opp/adj = 3/1.  This tells us that the opp side is 3 times as long as is the adj. side.  Let x be the shorter side, i. e., let x represent the adjacent side; then y is the longer side and represents the opposite side.

Then y = 3x (the opp side is 3x the adj side in length).

Applying the Pyth. Thm.    a^2 + b^2 = c^2,

x^2 + (3x)^2 = hyp^2 = (25 cm.)^2

So x^2 + 9x^2 = (625 cm^2)

10x^2 = 625 cm^2, or x^2 = (625 cm^2) / 10 = 62.5 cm^2

x = 7.91 cm.  Therefore, y = 3(7.91) = 23.72 cm.

We were supposed to round off these answers to the nearest 10th cm.
Therefore, x = 7.9 cm and y = 23.7 cm

Would that be A, B, C or D?

Answer:


Step-by-step explanation:

The right triangle above you can use SOHCAHTOA and determine that tanθ =

y

x

. Replacing tanθ with 3 you get

3 =

y

x


3x = y


Then use the Pythagorean Theorem to

x2 + y2 = 252. Replace y with 3x

x2 + 9x2 = 625

10x2 = 625

x2 =

625

10


x =

25

10

= 7.9


Since,

y = 3x

y = 3(7.9) = 23.7


x ≈ 7.9; y ≈ 23.7


Find the average of 27 and 45

Answers

Average is the total of the numbers divided by the amount of numbers.
[tex] \frac{27+45}{2} [/tex]
[tex] \frac{72}{2} [/tex]
36 is the answer.
The average of 27 and 45 is 36

Which set of rational numbers is arranged from least to greatest?

−3.5, negative 1 over 4, 2, 1 over 3
−3.5, negative 1 over 4, 1 over 3, 2
2, 1 over 3, negative 1 over 4, −3.5
negative 1 over 4, 1 over 3, 2, −3.5

Answers

-3.5, negative 1 over 4, 1 over 3, 2
Alright, so basically it goes like this:

The farther left you go on the number line, the less value the number holds. 
The farther right you go on the number line, the more value the number holds. 

-3.5 is as FAR left as any of these numbers, this means it's the number with the least value. It'll be your first number.
-1/4 is your next one. This is before the -3.5, meaning on the number line, it's a little to the right of the -3.5. So, this'll be your number with the SECOND lowest value. 
1/3 is a positive number, meaning it's after the 0, but barely. It's not a whole number, which is why it's a fraction. Even though it's considerably bigger than the other 2 numbers I just listed, it's still pretty low, so this is your number with the THIRD lowest value. 
2 is a positive number. It holds the most value, because it is the farthest number out of these to the right of the 0. 

Your correct order is B: -3.5, -1/4, 1/3, 2
This is Least to Greatest.
~Hope this helps buddy!

George is saving for a mortgage on a $125,000 house. He needs 20 percent for a down payment. He currently has $22,000. How long will it take George to save the rest of the money when he earns 5 percent interest per year?

(This is an economics question)

Will it be 2years, 1year, 3years or 5years?

Answers

George will have enough money in 3 years. This is because at 5 percent interest per year, in one year he will have $23,100. In two years, he will have $24,155. In 3 years he will have $25,362.75 which will put him slightly over his goal of a 20% down payment.

Answer:

3 years

Step-by-step explanation:

One carpet cleaning cost are shown in the table. The relationship is linear. Find and interpret the rate of change and the initial value for this situation.

Answers

I see from the given data that each additional carpet after the first costs $50 each to have cleaned.

The first costs $125.  Supposing we subtract $50 from that, we get $75.  So, it sounds like it costs $75 just to get the carpet cleaners to your house.

The rule would then be $75 + $50x, where x : {1, 2, 3, 4, .... }

Let's check this result.  Suppose x = 1.  Will the charge be $125, as show in the table?  $75 + $50(1) = $125.  Correct.

Suppose x = 4.  Will the charge be $275 as shown in the table?
   $75 + $50(4) = $275.  YES

Mark drew two lines that form a right angle. What word describes the lines mark drew

Answers

Perpendicular? Because the intersection forms right angles

Answer:

Perpendicular Lines

Step-by-step explanation:

perpendicular (perpendicularity) is the relationship between two lines which meet at a right angle (90 degrees).

1/3(9−6m)+1/4(12m−8)

Answers

Hello there!

They are asking you to simplify it. So, let me help you out..

[tex] \frac{1}{3}(9-6m)+ \frac{1}{4}(12m-8) Use the distributive property [/tex]
(1/3)(9) + (1/3)(-6m) + (1/4)(12m) + (1/4)(-8)
=3 - 2m + 3m - 2
= m + 1


Best of luck with your studies!

Answer:

M+1

Step-by-step explanation:

Which of these graphs represents a function?
A)
B)
C)
D)

Answers

C) Is the only graph that is a function because A) is a connection of points, B) is a polar graph, and D) has imaginary solutions.
The answer of your question is C. because it touches once try using a pencil if the line touch the pencil twice then it's not a function :)

Someone please help me!

Answers

Part A:

With the given clues, let the digits of the 5-digit number be: abcde

i) Since, the number consists of 3 different digits, it means that either two of digits are repeated twice each or one of the digit is repeated thrice.

Then the digits could be: abbcc or abccc

ii) Since all digits are even numbers greater than 0, this means that the possible digits are 2, 4, 6 and 8.

iii) Since the value of the ones digit is 1/10 the value of the tens unit, this means that the tens place and the ones place have the same digit.

Thus, the number could be: abbcc

iv) Since the value of the tenth digit is 10 times the value of the 100th digit, this means that the required number has a decimal point and the first two digits after the decimal point are the same.

Thus, the number could be: abb.cc

v) Since the sum of the tenth digit and the hundredth digit gives you the hundreds digit. Recall that the tenth digit and the hundredth digit are the same.

Thus, the possible value for the tenth, hundredth and hundreds digits respectively are: 2, 2, 4 or 4, 4, 8

vi) Since the sum of the tens digit and the ones digit gives you the tenth digit. Recall that the tens digit and the ones digit are the same.

Also, recall that the possible value for the tenth digit from condition (v) is 2 or 4. Then the value of the tens and ones digits is 2 while the value of the tenth digit is 4.

Having applied all the above conditions, therefore, the required 5-digit number is 822.44



Part B:

We know that the number we got in part A above is the only five digit number that satisfy the clues because, there is no other combination of digits that satisfies the given clues.

Look at the following numbers:
HELP ASAP (ONE QUESTION)
− 4, −1, 0, 4

Which pair of numbers has a sum of 0?

4, −1
−4, 0
−1, 0
−4, 4

Answers

The answer is -4, 4.
Because -4 + 4 will become 0.



Answer:

−4, 4

Step-by-step explanation:

Erica's cell phone bill for July was $82. She sent a check for $50 and then made $37 worth of calls in August. How much did she owe on her cell phone bill?

Answers

the Answer is -69 because if you lay out the problem it is -82+50-37=-69

Write 1.04 x 10^2 in standard form

Answers

 1.04 x 10^2 in standard form = 104

----------------

Answer:

The required standard form is 104.

Step-by-step explanation:

Consider the provided number.

you can convert the scientific notation into long hand notation as shown:

If the exponent of 10 is a positive number then you need to move the decimal point right as much as the exponent value.

If the exponent of 10 is a negative number then you need to move the decimal point left as much as the exponent value.

Now consider the provided number.

[tex]1.04 \times 10^2[/tex]

Here the power of 10 is positive, so move the decimal point right as shown.

[tex]104[/tex]

Hence, the required standard form is 104.

Determine the independent variable (__________,y). what word goes in the blank space??

Answers

In the blank the answer is x axis
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