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vladimir2022 [97]
3 years ago
14

Maurice took out a 25-year loan from his bank for $165,000 at an APR of 2.4%, compounded monthly. If his bank charges a prepayme

nt fee of 6 months' interest on 80% of the balance, what prepayment fee would Maurice be charged for paying off his loan 11 years early? A. $818.55 B. $740.77 C. $585.55 D. $731.94
Mathematics
2 answers:
Daniel [21]3 years ago
6 1
First compute 25-11=14 years. 
Computing the yearly interest:
165,000(1+0.024)^{25}=298526
\frac{298526}{25}=11941,04/year
After 14 years, the amount paid by maurice s the following:
11941,04\times11=\$131351
So there remains 
298526-131351=\$167175
Compute 80% of \$167175:
\$167175\times0.8=\$133740
2.4/6=0.4%
Compute 0.4% of $133740:
$133740\times0.004=\$534

The correct answer is C. 
Natalka [10]3 years ago
6 0

Answer:

8118

Step-by-step explanation:

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Inscribed angles<br> Please help!!!!!!!! With explanation!!!!!
emmasim [6.3K]

Answer:

a = 72° b = 88°

Step-by-step explanation:

We know in the cyclic quadrilateral opposite angles are supplementary so

a + 108° = 180° { being opposite angles of cyclic quadrilateral }

a = 180° - 108°

a = 72°

b + 92° = 180° { being opposite angles of cyclic quadrilateral }

b = 180° - 92°

b = 88°

3 0
3 years ago
PLEASE HELP ME!!!!<br><br> (if you don’t know don’t answer)
Sergio039 [100]

Answer:

Here are my answers

hope this helps

Step-by-step explanation:

1. isosceles triangle

2.   3x + 15 = 90       x = 25

     x + 25 = 90        x = 65

     x + 55 = 90        x = 35

3. The size for DAB is 84

My reasoning is I went from one angle to another by subtracting 180 from my answers. For example angle 132 is supplementary to the missing angle next to it. I subtract 180 from 132 and get 48. That already solves the 2 equivalent angles in the triangle so I have 48+48+x = 180 because a full triangle equals 180. I get x = 84 then I do the same thing I did with angle 132. Angle 84 is supplementary to the missing angle next to it. I subtract 84 from 180 and get 96 then go diagonal from angle C (which is 96) to angle A. Those are supplementary so I subtract 96 from 180 and get 84.

3 0
3 years ago
For the data set below which of the following measures is greatest? 3,3,4,5,6,8,16,20
MAXImum [283]

Answer:

range

Step-by-step explanation:

Mean- add all the numbers up and divide by how many numbers you added

65/8 =8.125

Range- Find the largest number and subtract the smallest number from it

20-3 =17

Median- put the numbers in order from least to greatest and find the number/s in the middle

3,3,4,5,6,8,16,20- since there are an even amount of numbers add the two in the middle and divide by 2  

5+6=11   11/2 = 5.5

Mode- the number that repeats the most

3 repeats the most

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3 years ago
7.5% of 268.75 equals what?
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20.15625 is the answer to your question if you would like the method you move the percentage two decimal places and multiply.

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4 years ago
Rhea arrived at the mall at 3:45 pm she spent 45 minutes having lunch and then she shopped for 55 minutes before leaving the mal
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Rhea spent 100 minutes or 1 hour and 40 minutes at the mall
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4 years ago
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