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Mathematics of FinancePart IV: You find that a small business loan in the amount of 50,000 is the amount you need to purchase the restaurant location. After researching banks to find the best interest rate, you find that banks for small businesses offer the best interest rate of 9% interest that compounds monthly for 7 years.
What is the monthly payment for this loan?Show the formula that you used and the values used for each variable to calculate the monthly payment.What is the unpaid balance of the loan at the end of the 1st year?Show the formula that you used and the values used for each variable to calculate the unpaid balance at the end of the 1st year.What is the unpaid balance at the end of the 6th year? Show the formula that you used and the values used for each variable to calculate the unpaid balance at the end of the 6th year.
You believe the figure is no higher than 0.40. If you want the error of the confidence interval to be no greater than .03, how many cars should you randomly sample? Use a 90% level of confidence.
Determine the number of groups under a given condition and How many license plates can a state have if each license plate has 2 letters followed by 4 digits, if the first digit cannot be zero?
Determine if the relation R on the set of all real numbers is reflexive, symmetric, antisymmetric, and/or transitive where (x,y) R if and only if x = 1.
Question about Elliptic boundary value problem, Uxx means second derivative with respect to x, Uyy means second derivative with respect to y
Suppose that G is a forest Consisting of k trees T1, T2, ..., Tk. Furthermore, suppose that Ti has order ni, for 1 Is the n-dimensional cube Qn Hamiltonian? Prove your answer.
Find the mass of a wire formed by the intersection of the sphere x^2 + y^2 + z^2 = 1 and the plane x + z=0 if the density of a wire is x^2?
Problems on Ages and Finding the measure of an angle with the given two sides.
Describe a way to measure the DV so that each participant would have one score at the end. Would this DV measure be on a continuous scale of measurement? Why is this important? Explain and justify.
Amy plans to paint both sides of a fence whose base is in the xy-plane and is given by the points (x,y) where x = 30cos^3(t) and y = 30sin^3(t) for 0
Develope a formula for the overall probability of kill, assuming that N defensive missles are launched.
Find the x, y-intercept of the linear function 2x - 3y = 12. Solve for a: b-3a = a+5
If the probability of seeing moose in a day in a certain region of Alaska is 0.47, what is the probability of not seeing any moose in a day there?
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