Answer:
Laura's monthly payment will be $501, and her total finance charge over the course of the loan will be $5,060.
Step-by-step explanation:
Given that in a 5-year loan with an annual interest of 7.5%, the monthly payments for every $ 1,000 are $ 20.04, taking into account that Laura took a loan of $ 25,000, to determine the monthly payments and the total interest to be paid, they must be made the following calculations:
20.04 x 25 = X
501 = X
Thus, the monthly payments that Laura will have to make will be $ 501.
(501 x 12 x 5) - 25,000 = X
30,060 - 25,000 = X
5,060 = X
In turn, the total finance charge will be $ 5,060.
Answer:8,4
Step-by-step explanation:
Just put it it’s right
The y value of I is (5(2) + 3(5))/(3 + 5) = (10 + 15)/8 = 25/8 = 3.125
Answer:
Either strong positive or moderate positive
Step-by-step explanation:
not sure but would guess strong
