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
mezya [45]
4 years ago
14

Chelsea made monthly payments for four years before her $13,440 loan was paid off. The loan had an interest rate of 5.86%, compo

unded monthly. Chelsea paid $156.60 in service charges. To the nearest tenth, what percentage of the total cost of the loan did her finance charges comprise? Round all dollar values to the nearest cent.
Mathematics
2 answers:
lana [24]4 years ago
6 0
Given:
PV = 13,440
i = 5.86% , compounded monthly
t = 4 years

13,440(0.0586/12))/(1-(1+0.0586/12)^-48= 15,109.44 
15,109.44 + 156.60 = 15,266.04
15,266.04 - 13,440.00 =  1,826.04 
<span>1,826.04/15,266.04 = 11.96 % Percentage total of Finance Charge of the total loa</span>
Colt1911 [192]4 years ago
4 0

Answer: 11.9%

Step-by-step explanation:

You might be interested in
28 ⅓ minutes to run 3 ⅓ miles
shtirl [24]

Answer:

(I'm assuming you find how many miles in a minute.) 0.013 miles.

Step-by-step explanation:

So in order to find the amount of miles in a minute you are going to divide it.

10/3 divided by 85/3 = 0.013 miles in a minute.

3 0
2 years ago
Find the number that makes the ratio equivalent to 1:2.<br> 9:
Y_Kistochka [10]

Answer:

9:18

Step-by-step explanation:

1:2 means that you have to multiply the first number by 2 to get the second number. Therefore, you have to multiply 9 by 2, which is equal to 18. Therefore, it would be 9:18.

If this has helped please mark as brainliest

5 0
3 years ago
In a class of 40 students, 30 read
DIA [1.3K]
Ok so 24 of them and that would be ur answer
6 0
3 years ago
8=4w/3, if using this expression what is w equal to?
pogonyaev
8 = 4w/3                    Original Problem.
4w/3 = 8                    Flip Flopped the problem around.
4w = 24                     Multiplied each side by 3.
w = 6                         Divided each side by 4.

Answer: w = 6
8 0
4 years ago
Read 2 more answers
WILL GIVE BRAINLIEST
Olegator [25]
The answer is A.
We can first eliminate D since it uses these (<, >) signs and the lines are shaded, indicating the points on those lines are solutions.
We can also eliminate C because the y intercept in C’s lines is 2, while in the graph, they are both 3.
Finally, we can look at both inequalities on the graph and see that the shaded areas are both underneath the line. This means that y is less than the equation for the line, eliminating B
So, the answer is A
Hope this made sense!!

7 0
3 years ago
Other questions:
  • Number of boys : number of girls = 11 : 9
    8·1 answer
  • Which dimensions will create an unlimited number of triangles?
    6·2 answers
  • Is a point a solution
    7·1 answer
  • Help with algebra please? Thank you.
    15·2 answers
  • I will make u the BRAINLIEST pls answer this question and explain!!!!!!!
    14·1 answer
  • the function v(t)=-9.8t+5 gives the instantaneous velocity of an object thrown upward with an initial velocity of 5 m/sec. at wh
    8·1 answer
  • Simplify the expression below 2(3x+8) I need help ASAP
    9·1 answer
  • How do I do this and what is the answer
    14·1 answer
  • Need help finding the slope line through each apartment of points ​
    14·1 answer
  • Learning Task 2 B. Perform the indicated operations. Write your solution in the box below. Add Subtract: 1. (5x4 - 3x2 + 4) + (6
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!