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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.
Important information about Mathematics - Poisson Distribution, Metal plates are inspected regularly for flaws and average 2 flaws per square yard. Assume a Poisson process is applicable and calculate the probability of getting
A rocket consists of a right circular cylinder of height 25m surmounted by a cone whose height and diameter are equal and whose radius is the same as that of the cylindrical section.
Need to prove that the centroid is the balance point of a triangle using only GEOMETRY with no vector addition allowed and I can't use the "equal areas" argument as far as the 6 triangles that are made with the medians.
In the following, we are in the process of determining whether integer n = 1373 is a prime or not, using the Rabin-test. Assume that a random number generator returns a = 5. Use modular exponentiation to evaluate the relevant expressions, and disc..
A church steeple casts a shadow 115 ft long, at the same time a 9.0 ft post casts a shadow 7.0 ft long. How high is the steeple?
Using ANOVA to test mean difference
Simple Probability, Sample Spaces, Events, A couple has three children, assume the likelihood of a boy is the same as a girl:
the selling price s(c) after 45% markup of an item as a function of the stores' cost c.
Draw a scalene triangle and label the vertices ,A,B and C. Place the compass at point B and draw an arc that intersect line segment AC in two points. Label the points of intersection D and E.
Implement the following boolean function with a 4x1 multiplexer and external gates. Connect inputs A and B to the selection lines. The input requirements for the four data lines will be a function of variables C and D.
The electrical signal created by a piece of test equipment at a specific point in time is described by the function Vinst(t) = 12 × sin(360 × 60 × 6.3 + 79). What is the maximum voltage produced by the system.
Automorphism of a Group, Let G be a group, T an automorphism of G, N a normal subgroup of G. Prove that (N)T is a normal subgroup of G.
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