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yan [13]
2 years 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]2 years 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.

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Rolando is 17. In four years, his age will be 3/2 the age of his sister Marisa. How old will Marisa be in three years
Bess [88]
To find the answer, we can first find the age of Rolando in four year:

17+4
=21

We can then proceed to find the current age of Marisa,which is 3/2 of Rolando’s age calculated above:

Let Marisa’s age be y.

3/2 y =21
y = 21 × 2/3
y = 42/3
y = 14

Therefore Marisa is currently 14 years old.

In three years, Marisa would be:

14+3
=17

Therefore, she will be 17 years old.

Hope it helps!
5 0
3 years ago
5 x minus 10 y = 30 what is the first step to find x
chubhunter [2.5K]
Move X to the other side with the 30.
3 0
3 years ago
Armando and Bianca are 290 feet apart when they start walking toward one another. Bianca walks twice as fast as
aivan3 [116]

9514 1404 393

Answer:

  d = 290 -3x

Step-by-step explanation:

For each x feet that Armondo travels toward Bianca, Bianca travels 2x feet toward Armondo. The net effect is that the distance between them decreases by x+2x = 3x feet. The distance starts at 290 feet when x=0, so the distance can be described by ...

  d = 290 -3x

3 0
3 years ago
Find an equation for the line that passes through the point (-3, 6), parallel to the line through the points (0,-7) and (4,-15).
Vitek1552 [10]
Broken down into steps:

1.  Find the slope of the line segment that connecs the points (0,-7) and (4,-15).

2.  Start with the point-slope formula for the equation of a straight line:

y-b = m(x-a), where the given point is (a,b).  Borrow the value of m that you calculated in (1), above, and insert it into this point-slope formula.
Finish up by subst. the x- and y-values in (-3,6) into this formula.

Done!

You could, of course, solve this result for y if you wished.
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3 years ago
Write your answers as (% up) or (% down) *
Talja [164]
Idk really I enjoyed this mathematics
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