3 years ago

Rounds 9,820 to the thousand

Mathematics

2 answers:

Svetach [21]3 years ago

7 0

Answer:

9.82

Your welcome

Shtirlitz [24]3 years ago

5 0

The answer is 10,000

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creativ13 [48]

Answer:

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3 years ago

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$35,125 loan, a feat which took ten years of quarterly payments. The loan had an interest rate of 7.44%, compounded quarterly. I

Darya [45]

First find the amount of each payment:
$35,125 = P(\frac{(1+i)^{40} -1}{i (1+i)^{40}}) , i = \frac{.0744}{4} \\ \\ P = 1252.70$

The total cost will be 40 payments plus service charges.
$40*1252.70 + 5180.70 = 55,288.90$

The percentage is the service charge divided by total cost:
$X = \frac{5180.70}{ 55,288.90} = .0937 = 9.37\%$