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iragen [17]
3 years ago
6

Tanya is considering obtaining a loan. Which benefit will Tanya receive if she makes a down payment when she obtains the loan?

Mathematics
1 answer:
Sindrei [870]3 years ago
7 0

Answer:

E.  lower principal amount​

Step-by-step explanation:

We can use an example to show how this works:

You want to buy a car and it costs $20,000. The loan lasts 5 years (60 monthly payments) and the interest rate is 10%.

If you do not make any down payment, your initial principal will be $20,000, and your monthly payment will be $424.94, your total payments = $25,496.45 and the total interests = $5,496.45.

Instead, if you make a 20% down payment, your initial principal = $16,000,  and your monthly payment will be $339.95, your total payments = $20,397.16  and the total interests = $4,397.16.

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Tom [10]

41:18

82 / 2 = 41

36 / 2 = 18

I hope this helps.

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3 years ago
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What is the correct answer?
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5 0
3 years ago
HELP MATH ONE MORE AFTER THIS
Lady_Fox [76]

Answer:

58 units squared

Step-by-step explanation:

We want to find the area of the square. To do so, we need to find the hypotenuse of the right triangle because this coincides with the side length of the square.

We use the Pythagorean Theorem, which states that for a right triangle with legs a and b and hypotenuse c:

a^2 + b^2 = c^2

Here, a = 7 and b = 3, so:

7^2 + 3^2 = c^2

c^2 = 49 + 9 = 58

Now, the area of a square is: A = s^2, where s is the side length. Well, c is the side length, and we've already found what c^2 is (it's 58), so that means the area of the square is 58 units squared.

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3 years ago
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Find the sum and simplify
statuscvo [17]

<u>Answer</u>:

[ ( 2 x^2 - x - 5 ) ] / [ ( x + 2 ) ( x - 3 ) ]

option c). is correct.

<u>Step-by-step explanation</u>:

( x + 1 ) / ( x + 2 ) + ( x - 1 ) / ( x - 3 )

= > [ ( x + 1 ) ( x - 3 ) + ( x - 1 ) ( x + 2 ) ] / [ ( x + 2 ) ( x - 3 ) ]

= > [ ( x^2 - 3 x + x - 3 + x^2 + 2 x - x - 2 ) ] / [ ( x + 2 ) ( x - 3 ) ]

= > [ ( 2 x^2 - x - 5 ) ] / [ ( x + 2 ) ( x - 3 ) ]

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6 0
3 years ago
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Answer:

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Step-by-step explanation:

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