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
natima [27]
3 years ago
11

Determine the payment to amortize the debt. (Round your answer to the nearest cent.) Quarterly payments on $19,500 at 3.9% for 6

years.
Mathematics
1 answer:
Olin [163]3 years ago
4 0

Answer:

$925.20

Step-by-step explanation:

Loan Amount, P = $19,500

Rate of interest, r = 3.9%

Time, t = 6 years

Payment mode, n = Quarterly (4)

payment to amortize, EMI = ?

Formula: EMI=\dfrac{P\cdot \frac{r}{n}}{1-(1+\frac{r}{n})^{-n\cdot t}}

where,

n = 4 , Rate of interest , r = 0.039

Put the values into formula

EMI=\dfrac{19500\cdot \frac{0.039}{4}}{1-(1+\frac{0.039}{4})^{-4\cdot 6}}

EMI=915.20

Hence, The payment to amortize the debt is $915.20

You might be interested in
The volume V of a cylinder is computed using the values 8.8m for the diameter and 5.8m for the height. Use the linear approximat
Delvig [45]

Answer:

The maximum error is approximately Ev=24%

Step-by-step explanation:

the volume of the cylinder V is

V= π/4*H*D²

where H= height and D= diameter

the variation of V will be

dV = (∂V/∂H)*dH + (∂V/∂D)*dD

dV = π/4*D²*dH  +π/2*H*D*dD

if we divide by the volume V

dV /V  = (π/4*D²*dH  +π/2*H*D*dD )/( π/4*H*D²) = dH/H + 2*dD/D

dV /V =  dH/H + 2*dD/D

then we can approximate

error in V= Ev= ΔV/V ≈ dV/V

error in H= Eh=ΔH/H ≈ dH/H

error in D= Ed=ΔD/D ≈ dD/D

thus

Ev= Eh + 2*Ed

since Ed=Eh=E=8%

Ev=  Eh + 2*Ed =3*E=3*8%=24%

Ev= 24%

therefore the maximum error is approximately Ev=24%

5 0
3 years ago
Which statement is true? Select all that apply.
GarryVolchara [31]

Answer:

A. The relationship is proportional.

C. The slope is negative.

✓ A. The relationship is proportional.

-> We have a one to one proportion because the relationship is linear

✗ B. The slope is –6.

-> The slope is -3/2, not -3

-> We can pick a point, and then we count down 3 and over 2 to the next point

✓ C. The slope is negative.

-> Because the line is going from top left to bottom right the line is negative

✗ D. The y-intercept is –3.

-> The slope is -3/2, not -3

-> We can pick a point, and then we count down 3 and over 2 to the next point

✗ E. The equation of the line is y = –3x.

-> Again, the slope should be -3/2, not -3

Have a nice day!

     I hope this is what you are looking for, but if not - comment! I will edit and update my answer accordingly. (ノ^∇^)

- Heather

3 0
2 years ago
Someone plssss helpppp
Ksju [112]
Is this math? or English
4 0
2 years ago
50 ÷ 4 = n.
jeka94

Answer:

12 r2

Step-by-step explanation:

50 divided by 4 equals that lol

5 0
3 years ago
Find the solution(s) to (x- 3) = 49. Check all that apply.
natima [27]

Answer:

B.x= -4 and E. x= 10 are the answers

4 0
2 years ago
Other questions:
  • Relationship B has a lesser rate than Relationship A. The graph represents Relationship A.
    9·2 answers
  • Corinne has a job selling magazines. She earns $7.50 per hour plus 20% of the total amount of her sales. She also gets an allowa
    5·1 answer
  • Dylan has a square peice of metal that measures 10inches on each side he cuts the metal along the diagonal, forming two right tr
    8·1 answer
  • 751,486 write the valid of the digit 5
    8·1 answer
  • Paco uses a spinner to select a number from 1 through 5, each with equal probability. Manu uses a different spinner to select a
    12·2 answers
  • When the numerator and denominator have only 1 as a common factor
    14·2 answers
  • A botanist wishes to estimate the typical number of seeds for a certain fruit. She samples 54 specimens and counts the number of
    10·1 answer
  • An employee spent 60 minutes responding to 8 email message ,how much time did the employer spend responding to each email messag
    12·2 answers
  • 4x - 10 &gt; 22 or x-5 &lt; -6<br><br><br> I need to know how to do this step by step..
    15·2 answers
  • If all the edges of a prism are multiplied by 5, then the volume of the prism will be multiplied by?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!