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Novay_Z [31]
1 year ago
15

John takes out a loan for $ 10 , 000 at a simple interest rate of 5 % to be paid back in 36 monthly installments.

Mathematics
1 answer:
andrew-mc [135]1 year ago
6 0

The monthly principal and interest payment John will pay monthly is $3,750.04

<h3>What is the amount of principal and interest repayment?</h3><h3 />

Given:

  • P = 10,000
  • i = 5% / (12 months) = 0.375
  • L = 36 months

M = 10000 \times  \frac{0.375}{ {1 - (1 + 0.375)}^{ - 36} }

M = 10000 \times  \frac{0.375}{ {1 - (1.375)}^{ - 36} }

M = 10000 \times  \frac{0.375}{ {1 - (0.00001049791)} }

M = 10000 \times  \frac{0.375}{ 0.99998950208 }

M = 10000  \times  0.37500393675

M = 3750.03936758

Approximately,

M = $3,750.04

Therefore, John will be be repaying $3,750.04 monthly including principal and interest

Read more on simple interest:

brainly.com/question/20690803

#SPJ1

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Answer:

The difference between the two weekly salaries is $122

Step-by-step explanation:

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$1242 - $1120 = $122

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3 years ago
Math Help! 62 points for answer(s) Right answers only, and credible reasoning please.
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Question #1, refers to the graph that appears on the left:

The graph is comprised of 4 segments.
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Segment 'B' is the only one that's rising.

Question #2, also refers to the graph that appears on the left:

As discussed in the answer to Question #1,
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Question #3:

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If the story is graphed, the graph has 3 segments.  Since the slope
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Choice A).  Terrible choice.  It says that at time=0, when Keisha begins
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Choice B).  Somewhat better, but doesn't fit the story.  This graph
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until she is 9 blocks away, then immediately turns around and
spends the next hour running back home.  Also not a good choice.

Choice C).  This is it.  If I had not read the story and just saw this graph,
I could see that Keisha started at her house, ran 5 blocks away from in
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how long she stayed at swim practice.

Choice D).  Now that we know we have a good graph in choice-C,
this one is not only wildly wrong, but it's funny too.
This graph says that at time zero, Keisha is 5 blocks away from her
house, and she stays right there for 0.3 hour.  She moves 1 block
from there in the next 0.2 hour, then stays at THAT place for the next
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Question #4.    Refers to the graph on the right side.     

This graph is comprised of 5 linear segments.  The slope of
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a horizontal segment.

Before we even look at the story, let's look at the graph:

Segment A:  the tub is empty at time zero, then rises slowly
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Segment C:  for the next 15 minutes, the level doesn't change;
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Segment E:  in about 8 minutes, the water level drops slowly to zero.

If somebody told us that this was the graph of a girl taking a bath,
we could just about read the story from the graph:
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B:  the person slowly and carefully getting into the tub, making the level rise
C:  the person in the tub;
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Now I'm ready to look at the choices.

OK.  I see that the question is only asking about segment-C.

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3 years ago
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What is the slope of the line
posledela

Answer:

<h2>A . 6</h2>

Step-by-step explanation:

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