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Ksju [112]
3 years ago
10

Katrina has the option of an 8-year non-subsidized student loan of $32,000 at an annual interest rate of 3.5% or an 8-year subsi

dized loan of $32,000 at an annual interest rate of 4.5%. Determine for which loan Katrina will pay less interest over the term of the loan if she starts making payments 2 years after obtaining the loan. (Assume Katrina makes monthly payments for each loan. For each answer, enter a number. Round your answers to the nearest cent, as appropriate.)
The total interest paid (in dollars) on the non-subsidized loan is $ -------

The total interest paid (in dollars) on the subsidized loan is $ -------
Mathematics
1 answer:
Fiesta28 [93]3 years ago
6 0

Answer: katrina will pay less interest on the 8-year non subsidized student loan

The total interest paid on the non-subsidized loan is USD 8,959

The total interest paid on the subsidized loan is USD 11,520

Step-by-step explanation:

Subsidized loan at 4.5% for 8years will be 4.5/100 × 32000 x 1/12= USD120/month, USD 1440/year. For 8 years, USD11,520

For non subsidized student loan at 3.5% will be 3.5/100 x 32000x 1/12= USD 93.33/month, USD 1,119per year and USD 8,959 for 8 years

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8 0
3 years ago
A bag contains 105 red and blue marbles. The ratio of red to blue marbles is 2:5. How many red marbles are in the bag?
V125BC [204]

Answer:

30 red marbles

Step-by-step explanation:

If the ratio is 2 red marbles for every 5 blue marbles then you would add them together to find out how many marbles are in one group.

2+5=7

There are 7 marbles in each group.

Now we have to find out how many total groups there are by dividing the total amount of marbles by the amount in each group.

105÷7=15

There are 15 groups of 7 marbles.

Looking back at the ratio, we know that the 15 groups each have 2 red marbles and 5 blue marbles. So if there is 2 red marbles 15 times (2 marbles in 15 groups) we would multiply.

2×15=30

There are 30 red marbles.

I hope that makes sense.

5 0
3 years ago
Find the mean absolute deviation of the set of data 3,8,10,12,15
klio [65]
3 + 8 + 10 + 12 + 15 = 48

48 / 5 = 9.6 or 10

3 - 7
8 - 2
10 - 0
12 - 2
15 - 5

7 + 2 + 0 + 2 + 5 = 16

16 / 5 = 3.2 or 3

The Mean Absolute Deviation is approximately 3

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4 0
3 years ago
Read 2 more answers
To determine the number of squirrels in a conservation area a researcher cashers tags and releases 114 squirrels you later catch
Ede4ka [16]

Answer:

336 squirrels

Step-by-step explanation:

-This is a Mark-Recapture method.

-The population is estimated using the formula:

N=\frac{MC}{R}

where:

  • N-is the estimated population size.
  • M-is the number of individuals tagged
  • C- is the total number captured the second time(both tagged and untagged)
  • R-is the total number of tagged individuals recaptured.

#We substitute our values as follows to estimate N:

N=\frac{MC}{R}\\\\=\frac{114\times 97}{33}\\\\=335.0909\approx336

Hence, there are approximately 336 squirrels in the conservation area.

*population is always rounded up to the next whole number.

5 0
3 years ago
Pleaseee I needed the answerrr now​
loris [4]

Step-by-step explanation:

Given,

a=3,b=2,c=5

a)a(b+c)

=3(2+5)

=3×7

=21.

B)2ac^2

=2×3×(5)^2

=6×25

=150

5 0
3 years ago
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