1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yan [13]
1 year ago
11

Briana received a 10-year subsidized student loan of $26,000 at an annual interest rate of 4.125%. Determine her monthly payment

(in dollars) on the loan after she graduates in 2 years. (Round your answer to the nearest cent.)
Mathematics
1 answer:
Ivanshal [37]1 year ago
5 0

Answer:

  $264.78

Step-by-step explanation:

The government pays the interest on Briana's loan while she is in school. Her monthly payments will be for a loan of $26,000. The amount of the payment can be found from the amortization formula, or using a calculator or spreadsheet.

<h3>Payment amount</h3>

For a loan of principal amount P at annual rate r for t years, the monthly payment is ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t)) = $26000(0.04125/12)/(1 -(1 +0.04125/12)^(-120)) = $264.78

Briana's monthly payment after she graduates is $264.78.

You might be interested in
charlie needs to make a total of 60 deliveries this week. so far he has completed 18 of them. what percentage of his total deliv
VladimirAG [237]
18 / 60 = 0.3
Charlie has completed 30% of his deliveries
5 0
3 years ago
PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! WILL NAME BRAINLIEST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
faltersainse [42]

Hope this helps

Answer :

Percentage increase = (279 - 180)/180 x 100% = 55%

5 0
2 years ago
Read 2 more answers
the percent of sales tax is 10%. what is the actual price of a pair of basketball shoes that cost $98?
larisa [96]

Answer:

(98/100)*110 = $107.8

Step-by-step explanation:

3 0
3 years ago
Someone give me the answer
Mademuasel [1]

We want to begin with nine, which gives us as follows:

9

Then, we want to subtract:

9 -

And we are subtracting x:

9 - x

The expression is 9 - x for the steps in the image given.

Hope this helps!! :)

5 0
3 years ago
There are 13 gallons of lemonade at a party there are 12 adults and 6 children who will drink the lemonade if eatch person recei
nlexa [21]
The answer is 1.38 gallons
becuase 12 + 6 = 18 
then 18 / 13 is 1.384615385
but you cant write that down so we round to the nearest hundreth and you get 1.38 as your final answer

7 0
3 years ago
Other questions:
  • BRAINLEST?! ☺️ What are the features of the quadratic function graphed in the figure?
    10·1 answer
  • Suppose A and B are dependent events. If P(A | B)=0.55 and P(B)=0.4, what is P(AnB)?
    8·2 answers
  • How do I solve: 3w/x=6e
    5·1 answer
  • Historically, these bolts have an average thickness of 10.1 mm. A recent random sample of 10 bolts yielded these thicknesses:
    11·1 answer
  • The number of viewers of a television series introduced several years ago is approximated by the function
    9·1 answer
  • Seventh grade
    12·2 answers
  • Find the nth term 4,9,14,19<br> WHOEVER ANSWERS FIST CORRECTLY WILL GET GIVEN BRAINEST
    10·1 answer
  • In ∆GHI and ∆JKL, GH = JK, HI = KL, GI = 9’, m∠H = 45°, and m∠K = 65°. Which of the following is not possible for JL: 5’, 9’ or
    5·2 answers
  • There are 20 trees in a park. There are 7 maple trees and 9 oak trees. The rest are elm trees. How
    5·1 answer
  • Divide the rational expressions. p2−p−22p2+3p+1÷p2−3p+2p2+5p−6 Enclose numerators and denominators in parentheses. For example,
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!