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Flauer [41]
3 years ago
12

The business manager of paws and claws pet supply arranges a loan of $3,500, at 6.5% interest, for 30 months. find the amount of

interest.
Mathematics
1 answer:
fomenos3 years ago
4 0
You will need to use the total loan cost formula which can be found here:
http://www.1728.org/loanfrm4.htm

Total Loan Cost = [(rate * princ)/ (1-(1+r)^-n)] * n
where "n" is the number of payments which in this case is 30
the rate is entered as (6.5 / 1,200) or <span> <span> <span> 0.0054166667 </span> </span> </span>

Total Loan Cost = [(<span> <span> 0.0054166667 </span> * 3,500) / (1-(1</span><span>.0054166667)^-30)] * 30
</span>
Total Loan Cost =  [<span> <span> <span> (18.95833345) /  </span> </span> </span> (1- <span> <span> <span> 0.8503889213 </span> </span> </span> )] * 30

Total Loan Cost =  <span> <span> </span></span><span><span>[18.95833345 / </span>0.1496110787</span>] * 30

Total Loan Cost =  <span> <span> <span> 126.717443753  </span> </span> </span> * 30

<span><span>Total Loan Cost =  3,801.52</span> </span>

By calculating <span> 3,801.52 minus 3,500.00 we get the amount of interest
</span>
<span> <span> <span> 301.52

</span></span></span>
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Use the ordinary division of polynomials to find the quotient and remainder when the first polynomial is divided by the second.
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The quotient and remainder when the first polynomial is divided by the second are -4w^2 - 7w - 21 and -71 respectively

<h3>How to determine the quotient and remainder when the first polynomial is divided by the second?</h3>

The polynomials are given as:

-4w^3 + 5w^2 - 8, w - 3

Set the divisor to 0.

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w - 3 = 0

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Evaluate the expression

-71

This means that the remainder when -4w^3 + 5w^2 - 8 is divided by w - 3 is -71

The quotient (Q) is calculated as follows:

Q = [-4w^3 + 5w^2 - 8]/[w - 3]

The numerator can be expressed as follows:

Numerator = -4w^3 + 5w^2 - 8

Subtract the remainder.

So, we have:

Numerator = -4w^3 + 5w^2 - 8 + 71

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Q = [(w - 3)(-4w^2 - 7w - 21)]/[w - 3]

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Q = -4w^2 - 7w - 21

Hence, the quotient and remainder when the first polynomial is divided by the second are -4w^2 - 7w - 21 and -71 respectively

Read more about polynomials at:

brainly.com/question/4142886

#SPJ1

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