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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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What is the cost of each item? What is the subtotal? What is the tax? What is the total paid? Shoes: $49.99 (normally) they are
prisoha [69]

Answer:

Cost of shoes = $37.4925

Cost of jacket = $92.4533

Tax = $9.81

Total paid = $144.2458

Step-by-step explanation:

Normal price of shoes = $49.99

Discount = 25%

Discounted price:

\$49.99 - \$49.99\times \dfrac{25}{100} = \$37.4925

Normal price of jacket = $137.99

Discount = 33%

Discounted price:

\$137.99 - \$137.99\times \dfrac{33}{100} = \$92.4533

Price of pack of cookies = $4.49

No discount on cookies as per question statement.

Total amount without tax = $37.4925 + $92.4533 + $4.49 = $134.4358

Sales Tax = 7.3% of total amount without tax = 7.3% \times $134.4358 = $9.81

Total paid = $134.4358 + $9.81 = <em>$144.2458</em>

4 0
3 years ago
Carly y = 60x + 40 Janiya y = 50x + 80 After how many weeks will Carly and Janiya have the same amount of money in their money b
PSYCHO15rus [73]
 The answer would be 4 weeks and the total be $280. If you plug in 4 for Carly, you get $280 and if you plug in 4 for Janiya, you also get $280
6 0
3 years ago
Emily is entering a bicycle race for charity. Her mother pledges $0.80 for every 0.25 mile she bikes. If Emily bikes 5 miles, ho
e-lub [12.9K]

Answer:

i think the answer is one of the two answers $16 or $20.50. Sorry if it is wronge.

8 0
3 years ago
Side of a rhombus is 5cm.if the lengthof one diagnol is 8cm,find the other
TEA [102]

Answer: the others are 5cm and 8cm


Step-by-step explanation:

this is because a rhombus is the same as a rectangle or square and they have equal two sides


3 0
3 years ago
Megan surveyed a random sample of 60 students at her school and found that 42 of them ride the bus to school each day. If there
Alisiya [41]
Do a ratio problem:
42/60=x/320
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5 0
3 years ago
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