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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.
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The area of Terry's room at the old house was 96 ft.2. The area of Terry's room at the new house is 108 ft.2
Finger [1]

Answer:

12.5%

Step-by-step explanation:

First we need to calculate the change in the area of Terry's room this is

108 ft2 - 96 ft2 = 12 ft2

Then we use a direct proportion in order to find the percentage

96 ft2 ----- 100%

12 ft2 ----- p?

Solvin for p we have that

p=\frac{12\times 100}{96}

p=12.5

3 0
3 years ago
Read 2 more answers
Multiply: (x+4)(x^2+2x+3) <br> Simplify and write your answer in Standard Form.
Oxana [17]

Answer:

x^3+6x^2+11x+12

Step-by-step explanation:

(x+4)(x^2+2x+3)

=x(x^2+2x+3)+4(x^2+2x+3) [by multiplying with bith sides]

=x^3+2x^2+3x+4x^2+8x+12

=x^3+2x^2+4x^2+3x+8x+12

=x^3+6x^2+11x+12

(please mark me brainliest)

6 0
2 years ago
Clare made $160 babysitting last summer. She put the money in a savings account that pays 3% interest per year. If clare doesn't
AVprozaik [17]

We have been given that Clare made $160 babysitting last summer. She put the money in a savings account that pays 3% interest per year. If Clare doesn't touch the money in her account, she can find the amount she'll have the next year by multiplying her current amount 1.03.

We are asked to write an expression for the amount of money Clare would have after 30 years if she never withdraws money from her account.

We will use exponential growth function to solve our given problem.

An exponential growth function is in form y=a(1+r)^x, where

y = Final value,

a = Initial value,

r = Growth rate in decimal form,

x = Time.

3\%=\frac{3}{100}=0.03

We can see that initial value is $160. Upon substituting our given values in above formula, we will get:

y=160(1+0.03)^x

y=160(1.03)^x

To find amount of money in Clare's account after 30 years, we need to substitute x=30 in our equation.

y=160(1.03)^{30}

Therefore, the expression 160(1.03)^{30} represents the amount of money that Clare would have after 30 years.

8 0
4 years ago
25 Points, will give brainliest
miskamm [114]

Answer:

B. 434.89

Step-by-step explanation:

A basketball is a sphere and the volume formula is:

V = 4/3πr³

Given:

d = 9.4

r = 9.4/2

r = 4.7

Work:

V = 4/3πr³

V = 4/3π(4.7)³

V = 4/3π(103.823)

V = 434.89

3 0
3 years ago
Solve x2 – 8x = 3 by completing the square. Which is the solution set of the equation?
vazorg [7]

Answer:

x = 4 ± \sqrt{19}

Step-by-step explanation:

Given

x² - 8x = 3

To complete the square

add ( half the coefficient of the x- term )² to both sides

x² + 2(- 4)x + 16 = 3 + 16

(x - 4)² = 19 ( take the square root of both sides )

x - 4 = ± \sqrt{19} ( add 4 to both sides )

x = 4 ± \sqrt{19}

8 0
3 years ago
Read 2 more answers
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