3 years ago

Blake took out a 20-year loan for $195,000 at 2.4% interest, compounded

Mathematics

2 answers:

Leviafan [203]3 years ago

8 0

Answer:

Step-by-step explanation:

apex

jeka57 [31]3 years ago

6 0

Answer: C. $633.84

Step-by-step explanation:

The formula to solve this problem is shown below

monthly payment on the loan is $1023.84

i = 2.4% interest

= loan * interest period - monthly payment on the loan

= $195,000 *(2.4/100 /120) - $1023.84 = $195,000*(0.024/12) - $1023.84

= $633.84

You might be interested in

Which expression is equivalent to this polynomial expression?<br> 2x5+3y4 4x2+9y4

Deffense [45]

The answer is 2x5+12y4+4x2

7 0

2 years ago

Read 2 more answers

[Easy Points] Kanna Kamui sees 3 snowmen. Then he sees 2 more. How many snowmen did Kanna see in all?

poizon [28]

Answer:

the correct answer is 5 snowmen

5 0

3 years ago

<img src="https://tex.z-dn.net/?f=2x%20%2B%20%5Cfrac%7B5%7D%7B8%7D%20%3D%203x%20-%20%5Cfrac%7B5%7D%7B8%7D" id="TexFormula1" titl

Whitepunk [10]

Answer:

$x=\frac{5}{4}$

Step-by-step explanation:

$2x+\frac{5}{8}=3x-\frac{5}{8}$

Subtract 5/8 from both sides:-

$2x+\frac{5}{8}-\frac{5}{8}=3x-\frac{5}{8}-\frac{5}{8}$

$2x+\frac{5}{8}-\frac{5}{8}$

Add like terms:-

$\frac{5}{8}-\frac{5}{8}=0$

$=2x$

$3x-\frac{5}{8}-\frac{5}{8}$

Rule:- $\frac{a}{c} \pm \frac{b}{c}=\frac{a \pm b}{c}$

$\frac{-5-5}{8}$

Subtract, $-5-5=-10$

$=\frac{-10}{8}$

Cancel common factor: 2

$=-\frac{5}{4}$

$=3x-\frac{5}{4}$

---------------

$2x=3x-\frac{5}{4}$

Now, subtract 3x from both sides:-

$2x-3x=3x-\frac{5}{4}-3x$

$-x=-\frac{5}{4}$

Divide both sides by -1:-

$\frac{-x}{-1}=\frac{-\frac{5}{4}}{-1}$

$x=\frac{5}{4}$

<u>OAmalOHopeO</u>

4 0

2 years ago

Read 2 more answers

Camden is collecting bugs for science class the first day sister helps him he finds 35 bugs after day two he has 52 bugs on day

trapecia [35]

I believe it is 204 hopefully this helps

5 0

3 years ago

Read 2 more answers

A thermometer has a percent error of 3%. The actual temperature is 75°F.

lesantik [10]

1.) 72.75

2.)77.25

im also doing this so the guy under me can get brainliest :P

6 0

2 years ago

Read 2 more answers