1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ch4aika [34]
3 years ago
8

A bank requires a monthly payment of $32.88 on a $2500 loan. At the same rate find the monthly payment on a $50,000 loan

Mathematics
1 answer:
Bingel [31]3 years ago
6 0

$ 657.6

Step-by-step explanation:

Step 1:

Given,

Principal = $2500

Monthly payment  = $32.88

Step 2 :

The amount of monthly payment and the principal amount are in direct proportion , that is when the principal amount increases the monthly payment increases and when the principal decreases the monthly payment decreases.

Step 3 :

The monthly payment for $2500 is $32.88

Therefore for a principal of $50000, the amount of  monthly payment is

32.88 *50000/2500 = $657.6

You might be interested in
Amir’s coin collection consisted of 150 coins in November. By the following June, his collection had grown to 174 coins. By how
exis [7]

Answer:

14 percent

Step-by-step explanation:

because its up by 24 not a lot but not little so it would be the second shortest percentage there

6 0
4 years ago
Solve 1/2x + 3 > 2(x-5/2)
Likurg_2 [28]

Answer:

1/4x (8 x - 15)

Step-by-step explanation:

write the division as a fraction

1/2x + 3/2x (x - 5 ÷ 2)

factor out 1/2 from the expression.

1/2x(x + 3(x - 5 ÷ 2))

divide the numbers.

1/2x(x + 3(x - 2.5))

distribute 3 through the parentheses.

1/2x(x + 3x - 7.5)

collect like terms.

1/2x(4x - 7.5)

1/2x(4x - 15/2)

factor out 1/2 from the expression.

1/2 x 1/2 x (8 x - 15)

multiply the fractions

= 1/4 x (8x - 15)

or alternative form

= 0.25(8x - 15)

6 0
3 years ago
What are the missing angles?
Artemon [7]
1. 51
2. 34
3. 95
4. 38
5. 47
6. 74
7. 59

I hope this helps!!
6 0
3 years ago
The graph shows a proportinal relashionship which eqaution matches the graph?
Fofino [41]

Answer:

Hey sisters!

Step-by-step explanation:

4 0
3 years ago
Solve the equation for x 120(2x − 2) = 240
sashaice [31]

Answer:

The answer is 2

Step-by-step explanation:

To find this, follow the order of operations as laid out below.

120(2x - 2) = 240 ----> Divide both sides by 120

2x - 2 = 2 ----> Add 2 to both sides

2x = 4 ------> Divide both sides by 2

x = 2

5 0
4 years ago
Read 2 more answers
Other questions:
  • Vicente has a prism like water tank whose base area is 1.2 square meters. He bought 6 goldfish at the store , and the store owne
    15·2 answers
  • Please help and thank you
    9·2 answers
  • I made a fort for my pet porcupine by connecting two boxes. The first box is 10meters long, 7 meters wide, and 5meters high. The
    12·2 answers
  • Identify the domain of the equation y = x2 − 6x + 1.
    12·2 answers
  • Greg bought a new car for £18000.
    14·1 answer
  • What is the equation of the line that passes through the point (5,-2) and has a slope of -2\5
    5·1 answer
  • What is the equation of the line passing through the points (1,-5) and (9,11)​
    13·1 answer
  • Seventeen less than a number<br> is negative two. What is that<br> number?
    12·2 answers
  • Arrange the sentences of the paragraph proof in the most logical order.
    8·1 answer
  • Molly, a purchasing agent for a high-tech firm, is ordering computers for a new branch office. Laptops cost $540 apiece and desk
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!