Answer: 0.6827
Step-by-step explanation:
I believe it is 0.6827
Given:
loan amount: 25,250
original interest rate: 3.4%
new interest rate: 6.8%
term: 10 years.
Assuming that simple interest formula is used.
I = P * r * t
I = interest
P = principal
r = interest rate
t = term/time
I = 25,250 * 3.4% * 10 years
I = 8,585
I = 25,250 * 6.8% * 10 years
I = 17,170
17,170 - 8,585 = 8,585 Additional interest paid using the new interest rate.
Using an online loan repayment calculator: Here are the following data:
Loan Balance:$25,250.00
Adjusted Loan Balance:$25,250.00Loan
Interest Rate:6.80%
Loan Fees:0.00%
Loan Term:10 years
Minimum Payment:$0.00
Monthly Loan Payment:$290.58
Number of Payments:120
Cumulative Payments:$34,869.23
Total Interest Paid:$9,619.23
<span><span>Loan Balance:$25,250.00
</span><span>Adjusted Loan Balance:$25,250.00
</span><span>Loan Interest Rate:3.40%
</span><span>Loan Fees:0.00%
</span><span>Loan Term:10 years
</span><span>Minimum Payment:$0.00</span>
<span>Monthly Loan Payment:$248.51
</span><span>Number of Payments:120</span>
<span>Cumulative Payments:$29,820.59
</span><span>Total Interest Paid:<span>$4,570.59</span></span></span>
Surprise, there 8 letters.
So, 8*7*6*5*4*3*2*1= 40, 320
Answer:
n+4=32
Step-by-step explanation:
The initial number n gets additional 4 students making the new total number of students to be 32. Therefore, this situation can be represented as
n+4=32
To get the actual number of students before the additio, we make n the subject of formula hence
n=32-4
n=28
Therefore, the initial number was 28 and the equation is n+4=32
Since no choices were provided, the equation that can be modified is n+4=32
Answer:
8π(2.5)^2
Step-by-step explanation:
volume = π * r^2 * h
v = π * (2.5)^2 * 8
