Simple interest equation Study guides, Class notes & Summaries

Give an example of a causal method of forecasting correct answers Simple Linear Regression What does a graphical plot showing sales on the Y axis and time on the X represents? correct answers It measures the sales trend (increase or decrease) throughout a specific time frame with a scatter plot. One of these forecasting error techniques give the percentage of forecast error, which one? correct answers MAPE(Mean Absolute Percent Error) If your goal is to determine forecasting accuracy, w...

ATI TEAS 7 MATHEMATICS EXAM 2025 (REAL EXAM) Pat deposits $ 600 in a savings account at a simple interest rate of 6% per year for 5 years. How much will pat have earned in interest by the end of 5 years? a. $360 b. $180 c. $36 d. $95 - Correct Answer: $180 A lab scale weighs 3 pounds, 5 ounces. Which of the following is the scales weight in ounces (oz)? a. 35 oz b. 29 oz c. 53 oz d. 41 oz - Correct Answer: 53 oz What is the area of a square that measures 3.1 m on each s...

What are the 3 Factors that determine Future Value of a monetary sum? 1) Initial or Present Value 2) Applicable Rate of Return 3) Length and number of Periods over which it will grow Contrast Simple Interest with Compound Interest Simple Interest is earned solely on the original amount invested where as compound interest earned on the original amount invested plus previously earned interest Why is the number of payment periods important in the calculation of compound interest Because the...

ALEKS BASIC MATH PLACEMENT TEST REVIEW WITH COMPLETE SOLUTIONS 100% 2023/2024 how to find domain with a given equation -if a fraction, set denom. to zero, then solve -in equation, plug in 0 for x usually can be a + or - solution (-) + (-)= ... (-) x (-)= ... (-) divided by a (-)= ... (-) (+) (+) quotient division adding and subtracting fractions -make denoms the same -add/subtract numerators multiplying fractions just multiply numerators across and denoms across ...

If Lynn can type a page in p minutes, what piece of the page can she do in 5 minutes? - 5/p If Sally can paint a house in 4 hours, and John can paint the same house in 6 hour, how long will it take for both of them to paint the house together? - 2 hours and 24 minutes Employees of a discount appliance store receive an additional 20% off of the lowest price on an item. If an employee purchases a dishwasher during a 15% off sale, how much will he pay if the dishwasher originally cost $450? -...

Pat deposits $ 600 in a savings account at a simple interest rate of 6% per year for 5 years. how much will pat have earned in interest by the end of 5 years $180 A lab scale weighs 3 pounds, 5 ounces. Which of the following is the scales weight in ounces (oz). 53 oz What is the area of a square that measures 3.1 m on each side? 9.61 m^3 Simplify (18x3yz)/(6xy4) (3x4)/ z3 Solve the equation for the value of x 7x - 6 = 3x-26 -5 What is the product of 5/8 X 18/4 (rounded to the neares...

how to find domain with a given equation -if a fraction, set denom. to zero, then solve -in equation, plug in 0 for x usually can be a + or - solution (-) + (-)= ... (-) x (-)= ... (-) divided by a (-)= ... (-) (+) (+) quotient division adding and subtracting fractions -make denoms the same -add/subtract numerators multiplying fractions just multiply numerators across and denoms across and simplify dividing fraction multiply by reciprocal (change s...

PRAXIS Core Math Practice Questions & Answers 2024 Which of the following are supplementary angles? 75 and 75 90 and 15 101 and 89 81 and 99 80 and 10 - ANSWER-81 and 99 A car costs $25,000 plus #675 for tax, title, and license fees. Ari finances the car by putting down $2,500 in cash and taking out a 3-year loan at 4% simple interest. What will his monthly payments be? $721.00 $669.50 $650.00 $640.00 $722.50 - ANSWER-$721.00 What is the value of x in the following equat...

WGU C214 OA Financial Management Pre-Test Exam 2023 (Revised and Verified Rated A) Retained Earning Statement: The beginning retrained earnings on 1/14/14 is $25k. The NI for 2014 is $50k and the dividend payout ratio is 25% of NI. What are retained earnings on 12/31/14? - Retained Earning Statement: $62,500 Retained earnings on12/31/14 = $25k + $50k - (.25x$50k) = $62,500 Retained Earnings: Firm reported RE of $300 in 12/31/12. For 12/31/13 firm reports RE of $400 and pays dividends of...

1. What does the Foreign Corrupt Practices Act forbid U.S. companies to do - Prohibits U.S. firms and individuals from paying bribes to foreign officials to further business deals. 2. What are two basic types of financial instruments - Stocks and Bonds 3. What are secondary markets - Secondary financial markets are where securities are traded after the initial offering. 4. What do cash flows from operating activities report - Operating - day to day operations 5. What does the statement o...