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
allochka39001 [22]
3 years ago
11

kevin borrowed $32,500 to purchase a new car. If the rate on the loan is 6% compounded annually, how much will he pay in total o

ver the course of the 5 year loan?
Mathematics
1 answer:
VLD [36.1K]3 years ago
3 0

Answer: He would pay $43492.33 in total over the course of the 5 years.

Step-by-step explanation:

Since we have given that

Amount he borrowed = $32500

Rate of compounded annually = 6%

Number of years = 5 yr

As we know the formula for "Compound Interest':

A=P(1+\frac{r}{100})^n\\\\A=32500(1+\frac{6}{100})^5\\\\A=32500(\frac{100+6}{100})^5\\\\A=32500(1.06)^5\\\\A=\$43492.33

Hence, He would pay $43492.33 in total over the course of the 5 years.

You might be interested in
Taking the square root of which of the following expressions gives the length of the line segment shown?
Brums [2.3K]

Answer:

  4^2 + (-7)^2

Step-by-step explanation:

The square of the distance is given by the distance formula as ...

  d^2 = (x2 -x1)^2 + (y2 -y1)^2 = (3 -(-1))^2 + (-5-2)^2

  = 4^2 +(-7)^2 . . . . . matches the second choice (sort of)

_____

<em>Comment on notation</em>

Clearly, you understand the use of the caret (^) to signify exponentiation. The number 42 is very different from the value of 4^2 = 16. A caret is required.

4 0
4 years ago
Read 2 more answers
Zoe needs to buy beads to make jewelry. For each earring.Zoe uses 3 small blue beads,1 small metallic bead,and to large green be
Ratling [72]
96. (3+1+2 =6 then 8x2 =16 for each individual earring, then the total number of needs per earring by the total number of earrings is 6x16 which equals 96)
3 0
3 years ago
Which term does not belong with the other three
AnnyKZ [126]

It seems that you have missed few parts of the question.

I searched that question on internet and got the complete question as follows:

Which term does not belong with the other three: lines, segments, planes, and rays?

Answer:

Line, segments and rays all are 1-dimensional quantity like they move in just one direction. While plane is a 2-dimensional quantity like it has length and breadth.

In that case term "plane" doesn't belong with the other three.


Hence final answer is "plane".

8 0
3 years ago
Mrs. Frasier is making costumes for the school play. Each costume requires 0.75 yard of fabric. She bought 6 yards of fabric. Ho
Marta_Voda [28]

Step-by-step explanation:

0.75 yard = 1 costume

1 yard = 1/0.75 =4/3 costume

6 yards = 4/3 × 6 = 8 costumes

if you wanna check,

8 costumes = 6 yards

1 costume = 6/ 8

= 3/4 (0.75) yard

3 0
3 years ago
Pl help it’s for a grade I will give you Brainly if right
mixas84 [53]

15ℎ2+26ℎ−21

yes yes yes yes

8 0
3 years ago
Other questions:
  • Cos(2x)cos(x)+sin(2x)sin(x)=1
    13·1 answer
  • Evaluate tan 11 pi over 6
    15·1 answer
  • One-half the sum of x and 10
    9·1 answer
  • <img src="https://tex.z-dn.net/?f=%20%7Bx%7D%5E%7B2%7D%20%20%5Ctimes%20%5Cfrac%7B12%7D%7Bx%7D%20%3D%201%20%20" id="TexFormula1"
    15·1 answer
  • What is a 50th of 100
    14·2 answers
  • Can someone help me I need it asap
    6·1 answer
  • Select the correct answer.
    8·1 answer
  • Help please! I'll mark brainliest!
    9·1 answer
  • Solve the equation. \dfrac13 + a = \dfrac54 3 1 ​ +a= 4 5 ​ start fraction, 1, divided by, 3, end fraction, plus, a, equals, sta
    8·1 answer
  • Drag each scenario to show whether the final result will be greater than the original value, less than the original value, or th
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!