Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers different from those presented here. For long-term loans, the differences may be pronounced. You find that the going rate for a home mortgage with a term of 30 years is 7% APR. The lending agency says that based on your income, your monthly payment can be at most $770. How much can you borrow? (Round your answer to the nearest cent.)

Chip worked at the animal shelter for 6 hours each week for several weeks. he worked for a total of 42 hours. which of the following can be used to find the number of weeks chip worked at the animal shelter?

An automobile assembly line operation has a scheduled mean completion time, μ, of 12 minutes. the standard deviation of completion times is 1.6 minutes. it is claimed that, under new management, the mean completion time has decreased. to test this claim, a random sample of 33 completion times under new management was taken. the sample had a mean of 11.2 minutes. assume that the population is normally distributed. can we support, at the 0.05 level of significance, the claim that the mean completion time has decreased under new management? assume that the standard deviation of completion times has not changed.

How can constraints be used to model a real-world situation?