Chana and Josiah started skating at the same time in the same direction, but Josiah had a head start 10 meters past the starting
1 answer:
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The Viola’s monthly payment more than the loan is unsubsidized than if the loan is subsidized is $35.05.
<h3>What is compound interest?</h3>Compound interest is the amount charged on the principal amount and the accumulated interest with a fixed rate of interest for a time period.
The formula for the final amount with the compound interest formula can be given as,
Here, A is the final amount (principal plus interest amount) on the principal amount P of with the rate r of in the time period of t.
Viola took out a $8,470 Stafford loan at the beginning of her four-year college career. The loan has a duration of ten years and an interest rate of 7. 5%, compounded monthly.
Put this values in the above formula as,
For the four years, the monthly payment is,
The monthly payment of unsubsidized loan is $237.97.
The monthly payment of subsidized loan is $202.80.
The difference between the unsubsidized and subsidized loan monthly payment is,
Thus, the Viola’s monthly payment more than the loan is unsubsidized than if the loan is subsidized is $35.05.
Learn more about the compound interest here;
Answer:
A
Step-by-step explanation:
The volume of a cone has the formula:
Where
V is the volume
r is the radius
h is the height
Given,
h = 50
V = 5400π
We want the radius, r.
Lets substitute and solve for r:
The radius is 18 meters
Correct answer A