What can you conclude

Assignment Help Mathematics
Reference no: EM131662442

Consider the statement: "The interest rate on auto loans has increased 50% over the past decade and now stands at 9%." What can you conclude?

A) The interest rate a decade ago was 41%.

B) The interest rate a decade ago was 6%.

C) You can't conclude anything, because the statement makes no sense.

Reference no: EM131662442

Questions Cloud

Complete jennifer hamiltons federal income tax return : Complete Keith and Jennifer Hamilton's 2015 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps.
What are the ethical issues in the delivery of care : What are the ethical issues in the delivery of care?
Calculate and analyze ratios for your selected company : Calculate and analyze the following ratios for your selected company for the last two years from the SEC Form 10-K:
Discuss about the first mercantile department store : Found Property. Bill Heise is a janitor for the First Mercantile Department Store. While walking to work, Bill discovers an expensive watch lying on the curb.
What can you conclude : Consider the statement: "The interest rate on auto loans has increased 50% over the past decade and now stands at 9%." What can you conclude?
What are the ethical issues in ensuring quality of care : What are the ethical issues in ensuring quality of care?
Discuss the rule of the gratuitous bailments : Gratuitous Bailments. Raul, David, and Javier immigrated to the United States from Colima, Mexico, to find jobs and help their families.
Required to work effectively in the business community : Describe specific knowledge and skills you have acquired during your coursework that will be required to work effectively in the business community.
Describe what accounting practices are : Describe what accounting practices are and how they can be both beneficial as well as harmful.find a news article in which different people give accounts .

Reviews

Write a Review

Mathematics Questions & Answers

  Determine how many solutions exist

Determine how many solutions exist

  According to an article in the maclean''s magazine

According to an article in the Maclean's magazine, "Cable, satellite and wireless companies may be charging illegal late fees. Companies may calculate a compounded late-fee rate of two percent a month. However, because they charge even if a customer ..

  State the market price the regular price of the blender

the market price the regular price of the blender was $18.00 how much does she pay for the blender including sales tax of 6%

  Find the equation of the tangent line

Estimate the instantaneous rate of change of the function f(x) = x ln x at x = 1 and at x = 2. What do these values suggest about the concavity of the graph.

  Calculate the emv

How much would the company be willing to pay for perfect information on all three sites (together)? Note that after finding out the true nature of each site, the company can still choose no more than one site.

  State the multiple regression equation

1.)State the multiple regression equation.2)Interpret the meaning of the slopes, b1 and b2,in this problem.3) Predict the weekly fuel consumptions for the average hourly temperature is 53.10 and the chill index is 15.

  Prove the theorems given below

Suppose p is a solution of Ax = b, so that Ap = b. Let vh be any solution of the homogeneous equation Ax = 0, and let w = p C vh. Show that w is a solution of Ax = b.

  Find the formula for a function

MA3310 Calculus - Find the formula for a function, y = f(t), which describes the distance traveled by a Vehicle traveling at a constant rate of 7 mi/hr for t hours.

  How many times the mass of earth is the mass of the sun

The mass of Earth is about 6 x 1021 metric tons. The mass of the sun is about 1.998 x 1027 metric tons. About how many times the mass of Earth is the mass of the sun? Express the answer in scientific notation.

  Graphs for three equations and find common point

Using first two equations determine 3 possible points that the 2 conic sections that you get from equations meet. Add a third equation figure to out the one point that all three conic sections meet.

  What is the probability that this person is a housewife

If an eligible voter who participated in the survey and voted in the election is selected at random, what is the probability that this person is a housewife?

  At what monthly rate should each apartment be rented

An apartment complex can rent all 150 of its one-bedroom apartments at a monthly rate of $400. For each $10 increase in rent, 3 additional apartments are left unoccupied. At what monthly rate should each apartment be rented in order to maximize th..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd