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Aleksandr-060686 [28]
2 years ago
12

Based on a table provided in your reading material determine the monthly payment for a $100,000 loan if the interest rate is 6%

and the term of the loan is 15 years
Mathematics
1 answer:
kari74 [83]2 years ago
5 0
Answer: The monthly payment on this loan would be $843.86.

Online you can find numerous loan calculators if you don't have access to the one in your reading material. All you need to do is enter the loan amount of $100,000 with a rate of 6% over the course of 15 years.

Entering these values will give a monthly payment of $843.86.
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Shelly ran 2 1/4 miles Lynne ran 3 1/8 Miles WhobRan Farther and by how much
ValentinkaMS [17]
Lynne ran farther and by 7/8 miles 

You can tell Lynne ran further because she ran 3 whole miles while shelly only ran 2 whole miles. Now you have to subtract to see how much Lynne had ran more.

You found a common denominator between 8 and 4. 4 can turn into 8. so you multiply 4x2 and 1x2 to get a mixed number of 2 2/8

Now you have to turn 3 1/8 because you cannot subtract 2/8 from 1/8. You can turn the fraction into 2 9/8 because there are 8 pieces in a whole.

2 9/8 - 2 2/8 = 0 7/8

Hope this helps! :)
6 0
2 years ago
Jared bought a Suzuki 1000 for $12,698. If it depreciates at a rate of 11% per year, how much will it be worth in 3 years
Serga [27]
Original price = P = $12,698
Depreciation rate = r = 11% = 0.11
Time in years = t = 3
New price = A

The formula used will be:

A=P(1-r)^{t}

Using the values, we get:

A=12698(1-0.11)^{3}=8951.70

Thus, the worth of Suzuki after 3 years will be $8951.70
7 0
2 years ago
Two cooling fans are installed in some laptop computers. Suppose the reliability of each cooling fan is 0.92. What percent impro
wlad13 [49]

Answer:

8%

Step-by-step explanation:

Given that:

Reliability of each = 0.92

r = 0.92

1 - (1 - r)(1 - r) = 1 - (0.08)(0.08) = 1 - 0.0064 = 0.9936

Percentage improvement :

1 - (0.9936) / r

1 - (0.9936 / 0.92)

1 - 1.08

= - 0.08

= 0.08 / 100 = 8%

5 0
2 years ago
What are the solution and the answer?
dedylja [7]

Answer:

I think its 40 if i did it right Ill show you how i did it

Step-by-step explanation:

First I added 12+12 and the is 24.

The I added 8+8 and that was 16.

Lastly I added 16+24= 40

7 0
2 years ago
Read 2 more answers
Solve (−7) ⋅ (−4).<br><br> a −28<br> b −11<br> c 28<br> d 11
german
-11 because first you add -4 and -7 because when you subtract negatives you add I hope I helped and have a good day
5 0
2 years ago
Read 2 more answers
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