1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fofino [41]
3 years ago
7

Buffy is considering taking out a 14-year loan with monthly payments of $165 at an APR of 2.3%, compounded monthly, and this equ

ates to a loan of $23,680.66. Assuming that Buffy's monthly payment and the length of the loan remain fixed, which of these is a correct statement?
Mathematics
2 answers:
denis23 [38]3 years ago
6 0

Answer:

The correct answer is B) If the interest rate were 2.9%, the amount of the loan that Buffy is considering would be less than $23,680.66.


8_murik_8 [283]3 years ago
3 0
PVAO=p [(1-(1+I/k)^(-kn) /(I/k)]
P payments 165
I interest rate
K compounded monthly
N time 9

165×((1−(1+0.027÷12)^(−12×14))÷(0.027÷12))
=23,061.76

165×((1−(1+0.029÷12)^(−12×14))÷(0.027÷12))
=24,446.65...correct

165×((1−(1+0.025÷12)^(−12×14))÷(0.027÷12))
=21,637.39

165×((1−(1+0.021÷12)^(−12×14))÷(0.027÷12))
=18,665.68 .....correct
The answers are b d

You might be interested in
Based on the figure, which statement provides enough information to conclude that line ris
GREYUIT [131]

Answer:

m<6 = 90°

Step-by-step explanation:

If lines are perpendicular, the angles form by their intersection measure 90°.

Answer: m<6 = 90°

4 0
2 years ago
An aquarium is leaking water at the rate of three quarts in 4 days.How many quarts are leaked in 1 week?How many days does it ta
Simora [160]

Answer:

\frac{21}{4} quarts

12 days

Step-by-step explanation:

Given that:

Amount of water leaked in 4 days = 3 quarts

To find:

Number of quarts leaked in 1 week?

Number of days taken for the leakage of 9 quarts of water?

Solution:

We can simply use unitary method or the ratio to find the answers of the questions asked in the statement.

As per question statement:

Amount of water leaked in 4 days = 3 quarts

Dividing by 4 on both sides:

Amount of water leaked in 1 day = \frac{3}{4} quarts

Multiplying by 7 on both sides:

Amount of water leaked in 7 days = \frac{3}{4}\times 7 = \frac{21}{4} quarts

Number of days taken for the leakage of 3 quarts = 4 days

Multiplying by 3 on both sides:

Number of days taken for the leakage of 3 \times 3 = 9 quarts = 4 \times 3 = <em>12 days</em>

6 0
3 years ago
Find the length of one edge of the cube. <br> Edge length = Answer inches
ycow [4]

Volume

V = l³

length (inverse formula)

l = ∛512

l = 8 in (your answer)

5 0
3 years ago
16⎯⎯⎯⎯√ – (14 + 2) : 2
ollegr [7]

Answer:

Our square root calculator estimates the square root of any positive number you want. Just enter the chosen number and read the results.

Step-by-step explanation:

8 0
2 years ago
..............................
Kruka [31]

Answer:

x=17

Step-by-step explanation:

(6x+10)(x+17)(4x-34)

6x+10+x+17+4x-34=180

Add:- 6x+x+4x=11x

and 10+17-34=-7

So, 11x-7=180

Add 7 to both sides:-

11x=187

Divide both sides by 11:-

\frac{11x}{11}=\frac{187}{11}

x=17

<u>OAmalOHopeO</u>

8 0
2 years ago
Other questions:
  • Round this to the nearest hundredth place please!!!
    12·1 answer
  • #7 Write a sine or cosine function that models the graph shown. Please show your work to receive full credit. (2pts) *
    10·1 answer
  • Find the sum of numbers from m to n
    5·1 answer
  • Which of these sentences is always true for a parallelogram?
    14·2 answers
  • Sara goes to Fredonia University. She has $900 in her savings
    9·1 answer
  • Given this parallelogram, find x? Pls help ;(
    7·1 answer
  • 3/4 + 1/2 times 2 please help thanks
    12·1 answer
  • Emma has 100 to spend at the pet store she needs to buy one bag of dog food and 2 chew toys Will Emma have enough money left ove
    10·1 answer
  • Answer answer please please
    7·2 answers
  • Which of the following statements must be true about this diagram? Check all that apply.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!