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Allisa [31]
3 years ago
6

Suppose you have a $60,000 loan with an annual percentage rate of 8% for 25 years.

Mathematics
1 answer:
amid [387]3 years ago
6 0

Answer:

The amount will be more by $30000 in the second loan.

Step-by-step explanation:

The loan of $60000 with APR 8% and for 25 years will grow to 60000 ( 1 + \frac{8 \times 25}{100} ) = 180000 dollars

So, I have to pay $180000 after 25 years.

Now, if we add $100 per month to this final amount then I have to pay $(180000 + 100 × 25 × 12) = $210000

Therefore, the loan amount will be more by $30000 in the second loan. (Answer)  

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Find equation of the line passing through(0,-3),which has a gradient of 2
WINSTONCH [101]

Answer:

y = 2x - 3

Step-by-step explanation:

y - - 3 = 2(x-0)

y + 3 = 2x

y = 2x -3

7 0
3 years ago
Ralph buys a desk that regularly sells for $250 and a desk chair that regularly sells for $145. both items are on sale at 15% of
Lunna [17]
C) (0.85 + x/100)(250+145) does not give the correct answer.

Explanation
A) works; adding the two costs together is 250+145=395.  We multiply this by 0.85 because 100%-15%=85%=0.85.  We also have x% tax, which is represented by x/100, added to 100% of the value, or 1.00.  Altogether this gives us 
395(0.85)(1+x/100) = 395(0.85 + (0.85x/100)) = 395(0.85) + 395(0.85x/100)
= 395(0.85) + 395(0.0085x)
B) works; we have 250+145 for the original price; we have 85% = 0.85 of the value; we also have 100% + x%, which is (100+x)/100.
C) does not work; (0.85+x/100)(395) does not take into consideration that you are finding the tax after taking the 85%.  This will simplify out to
0.85*395 + (x/100)(395) = 335.75 + 395x/100 = 335.75 + 3.95x, which is too much.
D) works; simplifying the expression from A, we have 395(0.85) + 395(0.0085x) = 335.75 + 3.3575x.
6 0
3 years ago
!!!! HELP PLEASE !!!! WILL GIVE BRAINLIEST!!!!!!!!!
AnnyKZ [126]

Answer:

Step 1 is incorrect because it was mutiplied. Instead, you should divide.

Step-by-step explanation:

6 0
3 years ago
Out of 32 students in a class, 5 said they ride their bikes to school. based on these results,how many of 800 students in the sc
Colt1911 [192]
Do a proportion.
5/32= x/800
Cross multiply and divide
800 x 5= 4,000
4,000 divided by 32= 125
So answer is 125 students
6 0
3 years ago
What is f(x)•g(x)?<br> f(x) = 2–2x+1<br> g(x) = 2x+1
Arada [10]

Answer:

fx

Step-by-step explanation:

just did it

5 0
3 years ago
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