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stiv31 [10]
3 years ago
7

An individual borrowed​ $73,000 at an APR of 3​%, which will be paid off with monthly payments of​ $356 for 24 years. What is th

e payment amount?
Mathematics
1 answer:
hram777 [196]3 years ago
5 0

Answer:

$102,528

Step-by-step explanation:

The total amount paid mequivalent to the number of monthly payments times the number of months.

-Given the monthly payment is $356 and the loan term is 24 years, the total amount is calculated as:

=356\times 24\times 12\\\\=102,528

Hence, the total payment amount is $102,528

You might be interested in
Andre is preparing for the school play and needs to paint the cardboard castle backdrop that measures  feet by 6 feet.
7nadin3 [17]

Answer:

a. 85.5 sq ft

b. 3 bottles

Step-by-step explanation:

a. The cardboard is rectangular in shape. How much he needs to paint is the same as the cardboard that he needs to paint.

The area of a rectangle is given as:

A = L * B

where L = length and B = breadth

Therefore, the area of the cardboard having dimensions 14 1/4 feet by 6 feet is:

A = 14 1/4 * 6

A = 57 / 4 * 6 = 85.5 sq feet

He needs to paint 85.5 sq feet of the cardboard.

b. On bottle of paint covers 40 sq feet. The number of bottles he will need for his backdrop will be the area he needs to paint divided by the amount of paint that can cover 40 sq feet:

85.5 / 40 =  2.14

Since the number of bottles he will need is a whole number and its greater than 2, then it must be 3.

To paint the entire cardboard, he must have 3 bottles of paint.

8 0
3 years ago
ANSWER ASAP TODAY FOR BRAINLIEST.
ivann1987 [24]

Answer:

<em>Consistent independent</em>

<em>Consistent dependent</em>

<em>Inconsistent</em>

Step-by-step explanation:

<u>Consistent and Inconsistent Linear Systems</u>

A system of equations is consistent if it has at least one solution. If the solution is unique, then the system is consistent independent, otherwise is consistent dependent, i.e., it has an infinite number of solutions.

When there is no solution for the system, the lines of each equation are parallel but not coincident. A consistent dependent has two non-parallel lines, and a consistent independent system has only one line, i.e. the same line represents both equations.

Two lines are parallel if they have the same slope. To find the slopes, we represent the equations in slope-intercept form:

y = mx + b

Where m is the slope and b is the y-intercept.

Consider the system:

4x + y   = 8

x  + 3y = 8

Rearranging both equations:

y = -4x + 8

y = -1/3 x + 8

The slopes of the lines are -4 and -1/3 respectively, since they are different, the system is consistent independent.

Consider the system:

-4x + 6y = -2

2x - 3y = 1

Rearranging both equations:

y = 4/6 x - 2/6 = 2/3 x - 1/3

y = 2/3 x - 1/3

Both equations are exactly the same, thus the system is consistent dependent.

Consider the system:

5x - 2y = 4

5x - 2y = 6

Rearranging both equations:

y = 5/2 x - 2

y = 5/2 x - 3

These lines are parallel but not coincident. Thus this system is inconsistent.

5 0
3 years ago
You collect pennies. you start with one penny and double the number of pennies you have each day for the next 27 days. how many
Rudik [331]
Imagine, at the first day you have only one penny. Then tomorrow you have 2 pennies, next day you have 4 (2x2), next day you have 8 (4x2), next day you have 16 (8x2).... and so forth.

It looks like geometric sequence isn't it? (the ratio between the number of pennies that you have from the 2nd day and the 1st day is 2)

So, by using geometric sequence theorem we can total those pennies until day-27

S (total pennies at day-27) = (1)(2^27-1) / 2-1 = 2^26 pennies

So, you have 2^26 pennies.. a big number of pennies huh?=))


{The formula is: S = a( r^n-1) / r-1
Where:
a= the number of pennies that you've got at the 1st day
n= number of days you spent to collect those pennies)
r= the ratio of the number of pennies}
7 0
3 years ago
If you were to calculate the average rate of change of a function over a variety of intervals and you found that they were all t
EastWind [94]
You could infer that there was the same amount of every interval.
6 0
3 years ago
Is it cost £22 for 2 adults and 1 child how much is child price
Bess [88]
Need more information to be solved because prices for child can be more than one with limited information above.
4 0
3 years ago
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