3 years ago

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

Mathematics

1 answer:

alexira [117]3 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)

You might be interested in

Find B on AC that is 2/5 of the distance of A to C.

salantis [7]

Answer:

Step-by-step explanation:

AC = 5, ao AB = 2.

This means B = -1+2 = 1.

3 0

2 years ago

The diagram shows a right-angled triangle.

Alexus [3.1K]

Step-by-step explanation:

there is no diagram so I'm just going to guess this however

sin x = 6/9

sin x = 2/3

sin x = 0.67

x = sin inverse of 0.67

x = 42.1

8 0

3 years ago

y=−2x+4 Complete the missing value in the solution to the equation. ( −2) Need it quick no explanation need.

Elodia [21]

Answer:

1 is missing value..... .....

3 0

3 years ago

B=5a+7 -3a+2b=-7<br> What is the solution to the system of equations shown above?

anastassius [24]

But the file is not open

6 0

2 years ago

Read 2 more answers

True or False? A secant is a line or segment that passes through a point on the circle and the center of the circle.

Musya8 [376]

Thr answer is False
That line is called diameter

6 0

3 years ago

Read 2 more answers