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
Nimfa-mama [501]
4 years ago
15

If you take out a $8,000 loan for a period of 6 months at an 8% interest rate, what will your outstanding balance be after two m

onthly payments? Round your answer to the nearest cent as necessary and do not include the dollar sign.
Mathematics
2 answers:
AysviL [449]4 years ago
8 0

Answer:

5,368.68

Step-by-step explanation:

the other answer was wrong this one correct

maksim [4K]4 years ago
4 0

Answer:

Outstanding balance after two months payments  = 7893.33

Step-by-step explanation:

Interest accrued every month = I = PRT/100

P = 8000

R = 8%

T = 6

I = (8000 x 8 x 6) ÷ 100 = 3840

Amount paid every month = (8000 + 3840) ÷ 6 = 1973.33

Hence amount paid after two months = 2 x 1973.33 = 3946.67

Outstanding balance after two months payments = 8000 +3840 - 3946.67 = 7893.33

You might be interested in
Explain how to get the variable alone in each question k-13=29
nadya68 [22]

Add 13 to both sides, which leaves you with k=42.

7 0
3 years ago
Read 2 more answers
What is the square root of -1?
lys-0071 [83]

Answer:

i

Step-by-step explanation:

<u>Step 1:  Find the square root of -1</u>

<u />\sqrt{-1}

\sqrt{i^2}

i

Answer:  i

7 0
4 years ago
Read 2 more answers
Ona took a random sample of 20 soccer teams across Europe. She tracked the average number of goals
anygoal [31]

The predicted number of wins for a team that averages 1.5 goals per game will be 17 according to the regression model.

From the table given, the linear regression model for the data can be expressed as :

  • y = 14.02x - 3.64 ; where ;
  • y = Predicted number of wins ;
  • x = average number of goals per match ;
  • slope = 14.02 ;
  • Intercept = - 3.64

<u>The Number of wins for a team which averages 1.5 goals per match can be calculated thus</u> :

Average goals per match, x = 1.5

Substitute x = 1.5 into the equation :

y = 14.02(1.5) - 3.64

y = 17.39

y = 17 (nearest whole number)

Learn more :brainly.com/question/18405415

8 0
3 years ago
7y + 4x + 4 - 2x + 8 what is the coefficient
Romashka [77]
7y 4x and 2x they all are paired with a variable
3 0
4 years ago
Is 4 a solution to the compound inequality “x &lt; 0 and c &lt; 7”
tester [92]

Answer:

no

Step-by-step explanation:

4 is greater than 0

8 0
4 years ago
Other questions:
  • If possible write the following equation in slope-intercept form. y – = 9
    9·1 answer
  • Assign two variables for each problem, and write the equations. Do not solve.
    11·2 answers
  • The birth rate of a population is b(t) = 2300e0.021t people per year and the death rate is d(t)= 1450e0.018t people per year, fi
    15·1 answer
  • SOLVE AND JUSTIFY RIGHT ANSWER GETS BRAIN
    14·1 answer
  • Find the radian measure of the central angle
    11·1 answer
  • The diagram shows squares 1, 2, and 3 constructed on the sides of a right triangle.
    7·1 answer
  • Determine the value of x.
    6·2 answers
  • Can someone please answer this<br><br><br><br> 10 points
    13·2 answers
  • Solve the following ​
    13·1 answer
  • Show algebraically that f and g are inverse functions:<br> g = sqrt(x+8)-4<br> f=x^2+8x+8
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!