Given:
loan amount: 25,250
original interest rate: 3.4%
new interest rate: 6.8%
term: 10 years.
Assuming that simple interest formula is used.
I = P * r * t
I = interest
P = principal
r = interest rate
t = term/time
I = 25,250 * 3.4% * 10 years
I = 8,585
I = 25,250 * 6.8% * 10 years
I = 17,170
17,170 - 8,585 = 8,585 Additional interest paid using the new interest rate.
Using an online loan repayment calculator: Here are the following data:
Loan Balance:$25,250.00
Adjusted Loan Balance:$25,250.00Loan
Interest Rate:6.80%
Loan Fees:0.00%
Loan Term:10 years
Minimum Payment:$0.00
Monthly Loan Payment:$290.58
Number of Payments:120
Cumulative Payments:$34,869.23
Total Interest Paid:$9,619.23
<span><span>Loan Balance:$25,250.00
</span><span>Adjusted Loan Balance:$25,250.00
</span><span>Loan Interest Rate:3.40%
</span><span>Loan Fees:0.00%
</span><span>Loan Term:10 years
</span><span>Minimum Payment:$0.00</span>
<span>Monthly Loan Payment:$248.51
</span><span>Number of Payments:120</span>
<span>Cumulative Payments:$29,820.59
</span><span>Total Interest Paid:<span>$4,570.59</span></span></span>
Answer: g(f(x)) = g(x²-7)=x
Step-by-step explanation:
Answer:
(3x+4)(5x+7)
Step-by-step explanation:
15x^2
+41x+28
Factor the expression by grouping. First, the expression needs to be rewritten as 15x^2
+ax+bx+28. To find a and b, set up a system to be solved.
a+b=41
ab=15×28=420
Since ab is positive, a and b have the same sign. Since a+b is positive, a and b are both positive. List all such integer pairs that give product 420.
1,420
2,210
3,140
4,105
5,84
6,70
7,60
10,42
12,35
14,30
15,28
20,21
Calculate the sum for each pair.
1+420=421
2+210=212
3+140=143
4+105=109
5+84=89
6+70=76
7+60=67
10+42=52
12+35=47
14+30=44
15+28=43
20+21=41
The solution is the pair that gives sum 41.
a=20
b=21
Rewrite 15x^2
+41x+28 as (15x^2
+20x)+(21x+28).
(15x^2
+20x)+(21x+28)
Factor out 5x in the first and 7 in the second group.
5x(3x+4)+7(3x+4)
Factor out common term 3x+4 by using distributive property.
(3x+4)(5x+7)
Answer:
x + 7
Step-by-step explanation:
1+7=8
2+7+9
so on