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
zysi [14]
3 years ago
15

You have just finished paying off your $35,125 loan, a feat which took ten years of quarterly payments. The loan had an interest

rate of 7.44%, compounded quarterly. If you also paid $5,180.70 in service charges, what percentage of the total cost was made up by your finance charges? Round all dollar values to the nearest cent
Mathematics
2 answers:
yKpoI14uk [10]3 years ago
6 0
Quarterly payment (before Svc Chg): PV 35,125, N 40, R 1.86% computes to Annuity of 1,252.70

Total paid (1,252.70 x 40) 50,108 - 35,125 = 14,983 Interest paid + 5,180.70 Svc Chg = 20,163.70, of which Svc Chg was 25.69%
klasskru [66]3 years ago
3 0
B. 36.47% is the correct answer to this question.
You might be interested in
0.8 &gt;0.78<br> True or false?
ElenaW [278]

Answer:

true

Step-by-step explanation:

.8 is closer to 1 than .78 is

8 0
3 years ago
Graph the linear function r(x)=2
wlad13 [49]

It's a linear function with a slope 0.

It's a horizontal line (look at the picture).

4 0
3 years ago
PLS HELP ME I NEED HELP ITS DUE RN
lina2011 [118]

Answer:

Step-by-step explanation:

It's 4

3 0
2 years ago
Put the following equation of a line into slope-intercept form, simplifying all
soldier1979 [14.2K]
Answer: y = 2x - 2

Explanation: The slope-intercept form is y = mx + b, where m is the slope and b is the y-intercept.
y = mx + b
Subtract 2x from both sides of the equation.
-y = 2 - 2x
Multiply each term in -y = 2 - 2x by -1
(-y) . -1 = 2 . -1 + (-2x) . -1
Multiply (-y) . -1
Multiply -1 by -1
Multiply y by 1
y = 2 . -1 + (-2x) . -1
Simplify each term
Multiply 2 by -1
y = -2 + (-2x) . -1
Multiply -1 by -2
y = -2 + 2x
Reorder -2 and 2x
y = 2x - 2
4 0
2 years ago
HELP ME PLEASE PLEASE
olga_2 [115]

i really thinks its 6.9*10 to the power of 2

4 0
2 years ago
Other questions:
  • What the difference between wavelength and frequency
    10·2 answers
  • Factor completely x^8 − 625.
    12·1 answer
  • How many times does 7 go in to 37
    15·2 answers
  • Can somebody help me with 7n(4*8)
    6·2 answers
  • Find the value of the expression 3x plus 4y when x= 4 and y= 5
    8·2 answers
  • Please van you work out 5/6 of 54
    5·1 answer
  • I need helpp guyssssssssssssssssssssssssss
    9·1 answer
  • Read the sentence from the story. These laws were ineffective, though. What does the word ineffective mean in this story? A. for
    11·1 answer
  • A) What is the y-intercept of y = 3x ?<br> (b) What is the slope of y = -x - 2 ?
    9·2 answers
  • Which is the most effective brand name shoe. is it Experimental vs. Observational
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!