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mezya [45]
3 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]3 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]3 years ago
4 0

Answer: 11.9%

Step-by-step explanation:

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A small-business Web site contains 100 pages an 60%, 30%, and 10% of the pages contain low, moderate, an high graphic content, r
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2 years ago
The terminal point of Dis ( 1/2,3/2). What is cos 0?
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Answer:

<em>(c). </em>\frac{1}{2}<em> </em>

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3 years ago
2. A bowling alley charges $3.00 to rent shoes and $1.50 per game bowled.
Zina [86]
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3 years ago
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Answer:

see explanation

Step-by-step explanation:

(1)

Since FE = FG the triangle is isosceles with ∠ E = ∠ G, then

∠ E = \frac{180-106}{2} = \frac{74}{2} = 37°

(2)

Since all 3 sides are congruent then triangle is equilateral with the 3 angles being congruent, 60° each , then

12y = 60 ( divide both sides by 12 )

y = 5

(3)

The 3 angles are congruent then triangle is equilateral with the 3 sides being congruent, then

KL = JL , that is

4t - 8 = 2t + 1 ( subtract 2t from both sides )

2t - 8 = 1 ( add 8 to both sides )

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t = 4.5

(4)

Given ∠ B = ∠ C then triangle is isosceles with 2 legs being congruent , that is

AB = AC

4x + 1 = 9 ( subtract 1 from both sides )

4x = 8 ( divide both sides by 4 )

x = 2

Then

perimeter = AB + BC + AC = 4x + 1 + 2x + 3 + 9

                                            = 6x + 13

                                            = 6(2) + 13

                                            = 12 + 13

                                            = 25

7 0
2 years ago
Read 2 more answers
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