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MAVERICK [17]
3 years ago
9

Ellis took out a 20 year loan for $70,000 at an APR of 12.5% compounded monthly approximately what would be the total cost of hi

s loan if he paid it off 14 years early
Mathematics
2 answers:
kenny6666 [7]3 years ago
7 0

Answer:

120,222.20 dollars

Step-by-step explanation:

Given that Ellis took out a 20 year loan for $70,000 at an APR of 12.5% compounded monthly.

Tenure of the loan =20-14years=6 years

Total amount paid = 120,222.20

Thus we find that when compounded monthly approximately the total of his loan would be 120,222.20

8_murik_8 [283]3 years ago
5 0

Answer: b) 120,222.20 apex


Step-by-step explanation:


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(1 + 9.8k)(2.8) simplified
o-na [289]

Answer:

<em>2.8 + 27.44k</em>

Step-by-step explanation:

<u>Algebraic Simplification</u>

The rules of algebra can be applied in some situations to make expressions simplified or expanded, according to the specific needs of each problem.

We are given the expression:

(1 + 9.8k)(2.8)

It's a sum and a product. We cannot add the independent term with the variable term, so we can only multiply the factor and the contents of the parentheses as follows:

(2.8)1 + (2.8)9.8k

Operating:

2.8 + 27.44k

5 0
2 years ago
URGENT!! Trigonometry practice question!!
marusya05 [52]

Answer:

what did u get the answers

5 0
2 years ago
What is the answer for m^2-5m-14=0?
tensa zangetsu [6.8K]

Answer: m = 7 or -2

Step-by-step explanation:

Quadratic Formula!  \frac{{-b (+/-)\sqrt{(b^{2}-4ac }}}{2a}

Polynomial Form: ax^{2} +bx+c

So in this example a: 1  b: -5  c: -14

You get:\frac{{-(-5) (+/-)\sqrt{((-5)^{2}-4(1)(-14) }}}{2(1)}

m = 7 or -2

Check by plugging a value back in for m

(7)^{2} -5(7)-14=0?\\(-2)^{2} -5(-2)-14=0?\\

True for both.

3 0
3 years ago
g A popular theory is that presidential candidates have an advantage if they are taller than their main opponents. Listed are he
stira [4]

Answer:

Step-by-step explanation:

Corresponding heights of presidents and height of their main opponents form matched pairs.

The data for the test are the differences between the heights.

μd = the​ president's height minus their main​ opponent's height.

President's height. main opp diff

191. 166. 25

180. 179. 1

180. 168. 12

182. 183. - 1

197. 194. 3

180. 186. - 6

Sample mean, xd

= (25 + 1 + 12 - 1 + 3 + 6)/6 = 5.67

xd = 5.67

Standard deviation = √(summation(x - mean)²/n

n = 6

Summation(x - mean)² = (25 - 5.67)^2 + (1 - 5.67)^2 + (12 - 5.67)^2+ (- 1 - 5.67)^2 + (3 - 5.67)^2 + (- 6 - 5.67)^2 = 623.3334

Standard deviation = √(623.3334/6 sd = 10.19

For the null hypothesis

H0: μd ≥ 0

For the alternative hypothesis

H1: μd < 0

The distribution is a students t. Therefore, degree of freedom, df = n - 1 = 6 - 1 = 5

The formula for determining the test statistic is

t = (xd - μd)/(sd/√n)

t = (5.67 - 0)/(10.19/√6)

t = 1.36

We would determine the probability value by using the t test calculator.

p = 0.12

Since alpha, 0.05 < than the p value, 0.12, then we would fail to reject the null hypothesis.

Therefore, at 5% significance level, we can conclude that for the population of heights for presidents and their main​ opponents, the differences have a mean greater than 0 cm.

5 0
3 years ago
Given that E is the universal set and that A and B are subsets of E. simplify An(B-A)​
julsineya [31]

Answer:

Answer a h bro ok bye bro good luck

5 0
2 years ago
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