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]
3 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]3 years ago
8 0

Answer:

5,368.68

Step-by-step explanation:

the other answer was wrong this one correct

maksim [4K]3 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
What's greater 5/6 or7/9
Vesna [10]

Answer:

5/6 is greater

Step-by-step explanation:

First obtain a common denominator for the fractions. Multiply the denominator of one fraction to the denominator of another and that is the denominator for the new fractions (54). Then multiply the denominator of one fraction to the numerator of the other one to obtain the new numerator. (e.g. 5*9=45 so 5/6 ->45/54) do this to the other fraction and you will see that 7/9 -> 42/54 and 45/54 is greater than 42/54 so 5/6 is greater .

8 0
2 years ago
Read 2 more answers
Write 16/24 in simplest form
Debora [2.8K]
8/12. 4/6. 2/3 is the simplest. Just keep dividing it down until you can't divide anymore:) 
6 0
2 years ago
A rectangular prism has dimensions of 4 cm by 3 cm by 2 cm.
EastWind [94]

Answer:

HN

Step-by-step explanation:

6 0
3 years ago
Question 1
Ilia_Sergeevich [38]

We will see that the perimeter of the rectangle is exactly 390 ft, so the statement is true.

<h3>Is the fence enough?</h3>

For a rectangle of length L and width W, the perimeter is given by:

P = 2*(L + W).

In this case, we know that:

L = 120 ft

W = 75 ft

Replacing that on the perimeter equation we get:

P = 2*(120 ft + 75  ft) = 390 ft

So the perimeter is exactly 390 ft, meaning that to put a fence around the parking lot the company will need at least 390 ft of fence.

So the statement is correct.

If you want to learn more about perimeters, you can read:

brainly.com/question/24571594

4 0
2 years ago
The baseball coach bought 2 new baseballs for $2 each. The basketball coach bought 6 new basketballs for $13 each. How much more
amm1812
The basketball coach spent 80 dollars more than the baseball coach
3 0
3 years ago
Read 2 more answers
Other questions:
  • If you know circle things, help pls :/
    9·1 answer
  • The exterior angles of an octagon are 42°, 55°, 39°, 20°, 62°, 45°, and 47°. What is the measure of the eighth exterior angle? S
    12·2 answers
  • A postulate is a statement requiring proof.true or false
    10·2 answers
  • NEED THESE ANSWERED ASAP SO I CAN GRADUATE THIS WEEK
    12·2 answers
  • Using a calculator, evaluate the cosine of 18* to the hundredths decimal place: A. 0.951 B. 0.95 C. 0.66 D. 0.660
    13·2 answers
  • PLEASE HELP I WILL GIVE BRAINLIEST TO THE FIRST PERSON TO ANSWER
    11·1 answer
  • Carly has 168 markers,
    9·1 answer
  • Mrs.Zomoro is 36 years old and her son is 4.When will the mother be thrice as o old as her son?​
    5·1 answer
  • Yosef drove 12,900 miles last year. His truck's fuel efficiency averages 15 mpg, and the average cost of gas last year was $2.95
    15·1 answer
  • For 10-18, Determine whether the triangles can be proved
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!