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Serjik [45]
4 years ago
6

Clarence borrows $9,000 for 4 years at an APR of 6.5%. What are his monthly payments ?

Mathematics
1 answer:
alexira [117]4 years ago
3 0

Answer:

$199.69

Step-by-step explanation:

$9000 × 6.5% (Total Borrowing × APR)

$585 ( Net Interest Payment)

$9000 + $585 (Total Borrowing + Net Interest Payment)

$9585 / (4 × 12) (Total Payment Due / (No. of Years × Per month)

$199.69 (Monthly Payment)

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Paula's Flowers sells 39 arrangements per week. The flower shop down the street sells
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50:39

Step-by-step explanation:

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On the coordinate plane, point P is located at (3, y) and point Q is located at (1, -4). The distance between
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3 years ago
A jeweler had a fixed amount of gold to make bracelets and necklaces. The amount of gold in each bracelet is 6 grams and the amo
nikitadnepr [17]

Answer:

The jeweler made 11 bracelets and 7 necklaces.

Step-by-step explanation:

Given that a jeweler had a fixed amount of gold to make bracelets and necklaces, and the amount of gold in each bracelet is 6 grams and the amount of gold in each necklace is 16 grams, knowing that the jeweler used 178 grams of gold and made 7 more necklaces than bracelets, to determine a system of equations that could be used to determine the number of bracelets made and the number of necklaces made, the following mathematical reasoning should be considered:

(16 - 6) x 7 = 70

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4 0
3 years ago
I need help finding the first five terms of the following explicit formula and the sequence
Katarina [22]

Answer:

Step-by-step explanation:

Explicit formula of the sequence,

A_n=59+11n

A_1=59+11(1)

A_1=70

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A_2=81

A_3=59+11(3)

A_3=92

A_4=59+11(4)

A_4=103

A_5=59+11(5)

A_5=114

8 0
3 years ago
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