PLEASE HELP URGENT AND EXPLAIN FOR 25 POINTS MUST BE CORRECT Brielle bought an apartment building for $202,444. The value of the
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The Viola’s monthly payment more than the loan is unsubsidized than if the loan is subsidized is $35.05.
<h3>What is compound interest?</h3>Compound interest is the amount charged on the principal amount and the accumulated interest with a fixed rate of interest for a time period.
The formula for the final amount with the compound interest formula can be given as,
Here, A is the final amount (principal plus interest amount) on the principal amount P of with the rate r of in the time period of t.
Viola took out a $8,470 Stafford loan at the beginning of her four-year college career. The loan has a duration of ten years and an interest rate of 7. 5%, compounded monthly.
Put this values in the above formula as,
For the four years, the monthly payment is,
The monthly payment of unsubsidized loan is $237.97.
The monthly payment of subsidized loan is $202.80.
The difference between the unsubsidized and subsidized loan monthly payment is,
Thus, the Viola’s monthly payment more than the loan is unsubsidized than if the loan is subsidized is $35.05.
Learn more about the compound interest here;
Answer:
Step-by-step explanation:
Equilateral triangles have 3 equal sides.
Thus, perimeter of triangle
= 3(2x -3)
= 3(2x) +3(-3) <em>(</em><em>expand</em><em>)</em>
= (6x -9) inches
Given that the perimeter is 83 inches,
6x -9= 83
6x= 83 +9 <em>(</em><em>+</em><em>9</em><em> </em><em>on</em><em> </em><em>both</em><em> </em><em>sides</em><em>)</em>
6x= 92