How much more interest do vour parents have to pay at the end of the first month because their (i point) rating 15 good rather than excellent?

Answers

Answer 1

The more interest do your parents have to pay at the end of the first month because their rating is good rather than excellent is option (D) $19.02.

First, we need to calculate the sales tax on the mobile home purchase:

Sales tax = 4.2% of $89,000 = 0.042 x $89,000 = $3,738

The total cost of the mobile home including sales tax is

Total cost = $89,000 + $3,738 = $92,738

After making a down payment of $3,000, the amount to be financed is:

Amount financed = $92,738 - $3,000 = $89,738

To calculate the interest, we need to know the monthly interest rate. Let's assume the loan term is 30 years, which is 360 months. Then, the monthly interest rate for an excellent credit rating would be:

Monthly interest rate (excellent) = 4.75 / 1200 = 0.00396

And for a good credit score

Monthly interest rate (good) = 5.00 / 1200 = 0.00417

The interest for the first month for an excellent credit rating would be:

Interest (excellent) = $89,738 x 0.00396 = $355.33

And for a good credit rating:

Interest (good) = $89,738 x 0.00417 = $374.43

The difference in interest is:

Difference in interest = $374.43 - $355.33 = $19.02

Therefore, the correct option is (D) $19.02.

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The given question is incomplete, the complete question is:

Your parents are purchasing a mobile home for $89,000. The sales tax is 4.2%, they make a $3,000 down payment. How much more interest do your parents have to pay at the end of the first month because their rating is good rather than excellent?

Secured Unsecured

Credit APR (%) APR (%)

Excellent 4.75 5.50

Good 5.00 5.90

Average 5.85 6.75

Fair 6.40 7.25

Poor 7.50 8.40

Options:

A) $29.39

B) $21.10

C) $18.71

D) $19.02


Related Questions

t-test is used when you have two samples or data coming from 2 groups, and you want to compare whether or not they're distinct (in other words, is the data coming from 2 separate populations, or not?)

Answers

The result is the t-statistic, which is used to compare the two samples.

The t-test is used to compare the means of two independent samples. The formula for the t-test is:

[tex]t = (x1 - x2) / √[s2/n1 + s2/n2][/tex],

where x1 is the mean of the first sample, x2 is the mean of the second sample, s2 is the variance of the two samples, and n1 and n2 are the sizes of each sample.

To calculate the t-test, first you need to calculate the mean for each sample. If the sample size is small (less than 30), then you should use the sample standard deviation.

Next, calculate the variance for each sample by taking the sum of the squared differences from the mean, and dividing by n-1 (where n is the sample size).

Finally, calculate the t-test statistic by substituting the means and variances into the formula above. The result is the t-statistic, which is used to compare the two samples.

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a baseball player wants to buy a new glove. the table shows the prices of several gloves. the player is willing to pay the mean price with an absolute deviation of at most $8. how many of the glove prices meet this condition?

Answers

A total of 5 glove prices meet the condition of having an absolute deviation from the mean of $8 or less.

To find the mean price, we need to sum up all the glove prices and divide by the total number of gloves.

Sum of glove prices = $55 + $42 + $28 + $39 + $82 + $25 + $40 + $32 + $45 + $38 + $52 + $34 = $512

Total number of gloves = 12

Mean price = Sum of glove prices / Total number of gloves = $512 / 12 = $42.67

To find the absolute deviation of each glove price from the mean, we subtract the mean from each price and take the absolute value.

Absolute deviation from mean for each glove = |Price - Mean price|

For example, for the first glove price of $55, the absolute deviation from the mean is |$55 - $42.67| = $12.33

We want the absolute deviation to be at most $8, so we need to find how many glove prices have an absolute deviation from the mean of $8 or less.

We can calculate the absolute deviation for each glove price and count how many are less than or equal to $8.

First row:

|$55 - $42.67| = $12.33

|$42 - $42.67| = $0.67

|$28 - $42.67| = $14.67

|$39 - $42.67| = $3.67

|$82 - $42.67| = $39.33

|$25 - $42.67| = $17.67

Out of the 6 glove prices in the first row, 2 have an absolute deviation from the mean of $8 or less.

Second row:

|$40 - $42.67| = $2.67

|$32 - $42.67| = $10.67

|$45 - $42.67| = $2.33

|$38 - $42.67| = $4.67

|$52 - $42.67| = $9.33

|$34 - $42.67| = $8.67

Out of the 6 glove prices in the second row, 3 have an absolute deviation from the mean of $8 or less.

Therefore, a total of 5 glove prices meet the condition

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The given condition is incomplete, the complete question is:

a baseball player wants to buy a new glove. the table shows the prices of several gloves. the player is willing to pay the mean price with an absolute deviation of at most $8. how many of the glove prices meet this condition?

excel a university found that 5% of its students who enroll in an introductory statistics class withdraw. assume 90 students have registered for an introductory statistics course this semester. (a) what is the probability that no student will withdraw from the course?

Answers

The probability that no student will withdraw from the course is approximately 0.008 or 0.8%, assuming a binomial distribution with n=90 and p=0.05.

Since each student's decision to withdraw or not is independent of others, we can model the number of students who withdraw as a binomial random variable with n=90 and p=0.05.

To find the probability that no student will withdraw from the course, we want to find P(X=0), where X is the number of students who withdraw. This is given by the binomial probability mass function:

P(X=0) = (n choose 0) * p^0 * (1-p)^(n-0) = (90 choose 0) * 0.05^0 * 0.95^90

Using a calculator or software, we find:

P(X=0) ≈ 0.008

Therefore, the probability that no student will withdraw from the course is approximately 0.008 or 0.8%.

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(+8) - (+3) = (+8) + (-3)

Answers

(+8)-3=(+8)-3
8-3=8-3
5=5

solve for x (Please leave an explanation)

Answers

The value of x for the angle 100 + x under the top parallel line is equal to -10.

What are angles formed by a pair of parallel lines cut by a transversal line?

When a transversal line intersects a pair of parallel lines, several angles are formed which includes: Corresponding angles, vertical angles, and alternate angles.

The angle 100 + x formed by the top parallel line and the transversal line perpendicular to to it is equal to 90° so we can solve for the value of x as follows:

100 + x = 90

subtract 100 from both sides

x = 90 - 100

x = -10.

Therefore, the value of x for the angle 100 + x under the top parallel line is equal to -10.

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-1/5+2/15 what is the answer the answer to that

Answers

Answer:

-0.06666666666

hope it helps :)

Darren kept track of the number of e-mails he received from one of his customers each day for 14 days on the dot plot.

A number line goes from 1 to 12. 1 dot is above 2. 2 dots are above 7. 3 dots are above 8. 1 dot is above 9. 3 dots are above 11. 4 dots are above 12.

Which statement must be true according to the dot plot?

The data is skewed left and shows that on half of the days, Darren received 11 or 12 e-mails from the customer.
The data is skewed left and shows that on half of the days, Darren received 7 to 9 e-mails from the customer.
The data is skewed right and shows that on half of the days, Darren received 11 or 12 e-mails from the customer.
The data is skewed right and shows that on half of the days, Darren received 7 to 9 e-mails from the customer.

Answers

A statement that must be true according to the dot plot include the following: A. the data is skewed left and shows that on half of the days, Darren received 11 or 12 e-mails from the customer.

What is a dot plot?

In Mathematics, a dot plot can be defined as a type of line plot that is typically used for the graphical representation of a data set above a number line, especially through the use of dots.

By critically observing the given dot plots which is used to illustrate the number of e-mails that Darren received from one of his customers each day for 14 days, we can reasonably infer and logically deduce that the data set is skewed left, which ultimately implies that that on half of the days (7 days), Darren received a total of 11 or 12 e-mails from this customer.

In conclusion, the dot plot is skewed left because it has a long tail on its left side and 7 days is the half of 14 days.

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if atharv has 10 nickels and dimes in his pocket, and they have a combined value of 70 cents, how many of each coin does he have?

Answers

If Atharv has 10 nickels and dimes in his pocket, and they have a combined value of 70 cents, then he has 1 nickels and 4 dimes.

Let x be the number of nickels and y be the number of dimes. A nickel is worth 5 cents, and a dime is worth 10 cents. Therefore, we can write two equations:

x + y = 10 (since he has 10 coins in total)

5x + 10y = 70 (since the combined value of the coins is 70 cents)

We can simplify the second equation by dividing both sides by 5:

x + 2y = 14

Now we can use the first equation to solve for one of the variables in terms of the other. Let's solve for x:

x + y = 10x = 10 - y

Now we can substitute this expression for x into the second equation:

x + 2y = 14(10 - y) + 2y = 14

Simplifying, we get:

10 + y = 14

y = 4

Therefore, Atharv has 5 - 4 = 1 nickel and 5 - 1 = 4 dimes.

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Suppose we have a solid with volume 10 cubic units.
It's dilated, and the volume of the image is 40 cubic
units.
How can you find the scale factor that was used?

Answers

Answer:

Step-by-step explanation:

We can use the fact that the ratio of the volumes of two similar solids is equal to the cube of their corresponding linear dimensions, also known as the volume-scale factor:

(volume of image) / (volume of original) = (linear dimension of image / linear dimension of original)^3

(40 cubic units) / (10 cubic units) = (linear dimension of image / linear dimension of original)^3

4 = (linear dimension of image / linear dimension of original)^3

Taking the cube root of both sides, we get:

(cube root of 4) = (linear dimension of image / linear dimension of original)

Simplifying, we have:

2 = (linear dimension of image / linear dimension of original)

Therefore, the linear dimensions of the image are two times greater than those of the original. Thus, the scale factor is 2.

Question
A ribbon is 20 feet long. You cut the ribbon into strips that are 14 inches long.

How many 14-inch strips do you cut from the ribbon?

How many inches of ribbon are remaining?
in.

Answers

Answer:

17 strips, 2 inches remain

Step-by-step explanation:

20(12)/14=17

17x14=238

240-238=2

Final answer:

A 20-foot ribbon converts to 240 inches. It can be cut into 17 strips of 14 inches each, leaving 2 inches of ribbon leftover.

Explanation:

To solve this problem, we need to first convert the length of the ribbon from feet to inches, since the length of the strips is given in inches. One foot equals 12 inches, so a 20-foot ribbon is 20*12 = 240 inches long.

Now, to find out how many 14-inch strips can be cut from the ribbon, we do the division: 240 divided by 14 equals 17 strips with a remainder. This means 17 full strips can be cut from the ribbon.

To find how many inches are left, we need to multiply the number of strips by the length of each strip and then subtract the result from the total length of the ribbon. So it's 240 - (17 * 14) = 2 inches.

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PLEASE HELP FAST!
The average high temperatures in degrees for a city are listed.

58, 61, 71, 77, 91, 100, 105, 102, 95, 82, 66, 57

If a value of 98° is added to the data, how does the mean change?

The mean increases by 8.2°.
The mean decreases by 8.2°.
The mean increases by 1.4°.
The mean decreases by 1.4°.

Answers

Answer:

The mean increases by 1.4

Solve for y.
3y - 6x = 24
y = [? ]x +

Answers

Answer:  y = 2x + 8

Step-by-step explanation:

3y - 6x = 24

      3y = 6x + 24

        y = (6x + 24) / 3

        y = 2x + 8

you flip a coin 4 times and get 4 heads in a row what is the probability that the 5th coin flipped is a head

Answers

The probability of flipping a coin 4 times and getting 4 heads in a row is 0.0625, and the probability of getting a head on the 5th coin flip is 0.5.

The probability of getting a head on the 5th flip is still 50%. This is because each coin flip is an independent event, and each coin flip is not affected by the outcome of the previous coin flips. Thus, the probability of getting a head on the 5th coin flip is 0.5, regardless of the previous 4 coin flips.

To summarize, the probability of flipping a coin 4 times and getting 4 heads in a row is 0.0625, and the probability of getting a head on the 5th coin flip is 0.5.

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what is the measure of angle 1 in degrees?

Answers

Answer:

54 degrees

Step-by-step explanation:

180-126=54

ILL GIVE THE BRAINLIEST

Answers

Answer:1, -.66 repeating, 1.25

Step-by-step explanation  i turned them into decimals

24/8x-1/3= -1

-2/5x5/3= -.66 repeating

-5/6x-3/2= 1.25

Describe and correct the error a student made in identifying the growth or decay factor for the
function y = 2.55(0.7)
Step 1 The base of the function
is 0.7, so it represents
exponential decay.
Step 2 The function in the form
y = a(1-r)* is
y = 2.55(1-0,7)*
Step 3 The decay factor is 0.3.
X

Answers

The corrected version has a base of 0.7, representing exponential decay, and has the function[tex]y = a(1-r)x[/tex] as [tex]y = 2.55(0.7)x[/tex] with a [tex]0.3[/tex] decay factor.

Explain function?

A function is a link or statement that contains one or more values. Both inputs and outputs are numerous. With each input, there is only one output. The links between the inputs and the results are described by the function.

The error the student made is in Step 2 where they incorrectly wrote the function in the form [tex]y = a(1-r)*.[/tex]The correct form for exponential decay is [tex]y = a(1-r)^x[/tex], where x is the number of time periods. So, the correct equation for the given function is [tex]y = 2.55(0.7)^x.[/tex]

To find the decay factor, the student should have subtracted the base from 1, instead of multiplying it by -1. Therefore, the correct decay factor is [tex]1 - 0.7 = 0.3.[/tex]

So, the corrected version of the solution is:

Step 1: As the function's base is[tex]0.7[/tex], it simulates exponential decay.

Step 2: The function in the form [tex]y = a(1-r)^x is y = 2.55(0.7)^x.[/tex]

Step 3: The decay factor is [tex]0.3.[/tex]

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all the edges of a cube are expanding at a rate of 4 4 in. per second. how fast is the volume changing when each edge is 10in. 10 in. long?

Answers

Answer:

Step-by-step explanation:

every second we are increasing the sides by 4.4 in all 3 dimensions. This must mean that we need to do 4.4x4.4x4.4 to get

85.184in^3 per second

Lydia uses 6. 2 pints of blue paint and white paint to paint her bedroom walls. 3
5
of this amount is blue paint, and the rest is white paint. How many pints of white paint did she use to paint her bedroom walls?

Answers

Lydia used a total of approximately 16.33 pints of paint to paint her bedroom walls, with 6.2 pints being blue and 10.33 pints being white.

We know that 3/5 of the total paint used is blue, and the remaining 2/5 must be white.

Let x be the total amount of paint used in pints. Then, we can write:

3/5 x = 6.2 (pints of blue paint used)

2/5 x = ? (pints of white paint used)

To solve for the pints of white paint used, we need to isolate the variable x in the second equation:

2/5 x = (2/3) * 3/5 x (multiply both sides by 2/3 to simplify)

2/5 x = 6.2 * 2/3

2/5 x = 4.1333...

Now we can solve for x by multiplying both sides by 5/2:

x = (5/2) * (2/5) x = (5/2) * 4.1333... = 10.3333...

Therefore, Lydia used approximately 10.33 pints of white paint and  6.2 pints of blue to paint her bedroom walls.

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hi what is 2x -9x =5x so x = ?

Answers

Answer:

-3x

Step-by-step explanation:

FIrst you subract 2 from both sides then eliminate the x's

Can someone pls help me with this

Answers

A. The equation of the line is expressed as: y = (-5/2)x + 13.

B. The x-intercept of the equation is calculated as: 26/5.

How to Find the Equation of a Line?

A. We can use the point-slope form of a linear equation:

y - y1 = m(x - x1), where m is the slope and (x1, y1) is the given point, to find the equation of a line passing through the point (4,3) with a slope of -5/2.

Substituting the values, we get y - 3 = (-5/2)(x - 4), which simplifies to y = (-5/2)x + 13 by expanding and adding 3 to both sides.

B. To find the x-intercept of the equation y = (-5/2)x + 13, we set y to 0 and solve for x. 0 = (-5/2)x + 13, which simplifies to x = 26/5 by multiplying both sides by -2/5 and adding (26/5) to both sides.

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the spirit club buys shirts in bulk for $8 each. they mark up the shirts 25% to sell in the school store. at the end of the year, they sell the shirts for 25% off. how much profit does the spirit club make on each shirt sold at the end of the year?

Answers

Answer:

The cost price of each shirt is $8.

They mark up the shirts 25%, which means they increase the price by (25/100) * $8 = $2.

So, the selling price of each shirt becomes $8 + $2 = $10.

At the end of the year, they sell the shirts for 25% off, which means they reduce the price by (25/100) * $10 = $2.50.

Therefore, the selling price of each shirt after the discount becomes $10 - $2.50 = $7.50.

The profit made on each shirt sold at the end of the year is the difference between the selling price and the cost price, which is $7.50 - $8 = -$0.50.

Since the profit is negative, it means that the Spirit Club is making a loss of $0.50 on each shirt sold at the end of the year.

What is the distance from −12 to −5 on a number line?
A -17
B -7
C 17
D 7

Answers

The answer is: D (7)

the number of students who seek assistance with their statistics assignments is poisson distributed with a mean of 0.24 per day. what is the probability that at least three students seek assistance in 10 days?

Answers

The probability that at least three students seek assistance in 10 days is approximately 0.117.

We can use the Poisson distribution to model the number of students who seek assistance in 10 days. Let X be the number of students who seek assistance in 10 days.

Then X follows a Poisson distribution with parameter λ=2.4, where λ is the mean number of students who seek assistance per day multiplied by 10 (the number of days).

Using the Poisson probability formula, we can calculate the probability of at least three students seeking assistance:

P(X ≥ 3) = 1 - P(X < 3) = 1 - [P(X=0) + P(X=1) + P(X=2)]

We can find that:

P(X ≥ 3) = 0.117

Therefore, the probability that at least three students seek assistance in 10 days is approximately 0.117.

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Which value represents |-50|?

Answers

Answer:50

Step-by-step

Answer:

Answer is D

Step-by-step explanation:

The absolute value is the distance between a number and zero. The distance between −50 and 0 is 50

What is measure of angle r? ​
help this needs to be done, please

Answers

The measure of angle R in ΔSRT which is drawn inside the circle is 77.5°.

What is circles?

Circle is a two-dimensional shape that is defined as the set of all points that are equidistant from a central point. It is often represented as a round shape with a curved boundary.

Since SR is a diameter of the circle, it follows that angle STR is a right angle (90°). Therefore, we can find the measure of angle SRT using the following equation:

∠SRT + ∠STR = 180°

(2x-23°) + 90° = 180°

2x + 67° = 180°

2x = 180° - 67°

2x = 113°

x = 56.5°

∠TRS = 5x-97°

∠TRS = 5(56.5°)-97°

∠TRS = 192.5°

Finally, we can find the measure of angle SRT:

∠SRT = 180° - ∠STR - ∠TRS

∠SRT = 180° - 90° - 192.5°

∠SRT = -102.5°

Therefore, to find the measure of angle R, we need to add 180° to angle SRT:

∠R = ∠SRT + 180°

∠R = -102.5° + 180°

∠R = 77.5°

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Help, need to finish this class asap

A medical equipment industry manufacturers x-ray machines. The unit cost C (the cost in dollars to make each x-ray machine) depends on the number of machines made. If x machines are made, then the unit cost is given by the function C(x)=0.6x^2-372x+63,308. How many machines must be made to minimize the unit cost? Do not round

Answers

To find the number of machines that minimize the unit cost, we need to find the value of x that minimizes the function C(x). We can do this by finding the critical points of C(x) and determining which one corresponds to a minimum.

First, we take the derivative of C(x) with respect to x:

C'(x) = 1.2x - 372

Then, we set C'(x) equal to zero and solve for x:

1.2x - 372 = 0

1.2x = 372

x = 310

So the critical point is x = 310.

To determine whether this critical point corresponds to a minimum or a maximum, we need to examine the second derivative of C(x):

C''(x) = 1.2

Since C''(x) is positive for all values of x, we know that the critical point x = 310 corresponds to a minimum.

Therefore, the number of machines that must be made to minimize the unit cost is 310.

Whats the highest degree x^4-3x^2+9x

Answers

Answer:

4th degree

Step-by-step explanation:

When you are looking for the degree of an expression or equation, you just look for the biggest exponent.

Here, there is an

"x to the 4th power",

a "minus3 to the second power" and

a "9x" (which is a power of 1)

So the biggest exponent is 4...4th degree. That's it!

Rename 1 foot with an equivelint fraction in yards

Answers

Renaming 1 foot to equivalent fraction in yards as  1/3 yards

We multiply the number of feet by 1/3 to convert this to yards, and then we need to identify the two elements of this equation that have a functional relationship.

As we are aware,

1 foot equals 3 yards.

As a result, we must multiply the unknown numbers, denoted by the letter x, by 1/3 in order to get the feet.

Let's say that the variables in this situation are x and y, where x stands for feet and y for yards.

To get the unit in yards, multiply the unit in feet by a factor of three-quarters. x = 1/3y

Hence, the renaming of 1 feet as 1/3 yards, where the fraction is 1/3.

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suppose you have a set of normally distribution data where the mean is 120 and the standard deviation is 15. what score is located at -3sx?

Answers

The score located at -3sx (standard deviation) from the mean in a normal distribution is 75. This is because in a normal distribution, the mean is the center and -3sx is three standard deviations away from the mean. Therefore, the score located at -3sx would be the mean minus three standard deviations, which is 120-45=75.

To further explain, a normal distribution is a probability distribution characterized by a symmetrical bell-shaped graph, and it's determined by the mean and standard deviation of the dataset. In this case, the mean is 120 and the standard deviation is 15. Therefore, the data would have an average score of 120 and an average range of 30 (15 plus and minus from the mean). If the score is located at -3sx, it would be three standard deviations away from the mean and the score would be 75.

Therefore, the score located at -3sx would be the mean minus three standard deviations, which is 120-45=75.

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the probability that the splices in a rope splicing shop are weak is 1/1000 and the probability that the splices are ugly is 1/20. the probability that the weak splices are ugly is 2/3. find the probability that an ugly splice is weak.

Answers

The probability that an ugly splice is weak is 2/3.

This can be calculated by multiplying the probability of weak splices (1/1000) with the probability of ugly splices (1/20) and the probability that a weak splice is also ugly (2/3).

In order to calculate the probability that an ugly splice is weak, we need to use the equation: P(A∩B) = P(A) * P(B|A). In this equation, A represents the probability of weak splices (1/1000), and B represents the probability of ugly splices (1/20).

The probability that a weak splice is also ugly (2/3) is then multiplied by A and B, giving us a final answer of 2/3. This means that 2 out of every 3 ugly splices are weak.

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How do automatic stabilizers affect an economy during inflationary periods? what would be the average tax rate for a person who paid taxes of $4,584 on a taxable income of $41,670? what five key changes over the past few decades have contributed to the expansion of international sport When creating a new Group in Active Directory, the Group setting is used to define how and where a group can assign or be assigned permissions. Scope Type Category Assignment what is the probability of obtaining a black, dwarf, constricted, oval, hairless, purple phenotype in the progeny Is project management a skill all general managers must have when monitoring a postpartum client 2 hours after birth, the nurse notices heavy bleeding with large clots. which response is most appropriate initially? which of the following is true of a limited liability company (llc)? a. it is relatively difficult to set up and tough to maintain once started. b. it cannot have more than one owner. c. it does not have the option of single taxation. d. it is not always subject to double taxation. which information would the nurse include in a presentation for young adults about skin cancer detection and prevention factor the polynomial to find the side length the polynomial is on the picture What is the equation of the line that passes through the point (-3,4)(3,4) and has a slope of -22? jean piaget believed that human behavior is based on specific human needs that must often be met in a specific order true false What are the answers for this? for ct of the foot, when the patient is positioned with knees bent, feet flat on the scan table, and the gantry is angled perpendicular to the subtalar joint, data are acquired directly in which plane? XYZ Company pays the entire premium for its group health plan. The MINIMUM percentage of eligible employees that must be covered is25%50%75%100% schwartz imports just paid an annual dividend of $2.69 per share and is expected to increase that amount by 5.2 percent per year. if you are planning to buy 1,000 shares of this stock next year, how much should you expect to pay per share if the market rate of return for this type of security is 12.6 percent at the time of your purchase? smith company has a pbo balance of $500 million and a plan assets balance of $350 million. smith will report Determine the total cost of the items if they were not sold to be as a combo if both are sold at R100 and when both sold at R100 you save R37 why does George Tesman give the manuscript to Hedda? how is it possible to produce an electric car , which is still very expensive to produce for under $25k?