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
motikmotik
3 years ago
11

You have a $3175 student loan. Suppose you pay the loan off in two and a half years (30 months). Estimate your monthly payment b

y ignoring interest and rounding down the amount owed. (Round your answer to the nearest dollar.)
Mathematics
1 answer:
finlep [7]3 years ago
6 0

Answer:

$106

Step-by-step explanation:

The formula given for Monthly payment of a loan =

P × [ r (1 + r)/(1 + r)^n - 1

Where

r = interest rate

n = number of monthly payments

P = Present value of the loan

From the question,

r = interest rate, we were told to ignore hence, r = 0

P = $3,175

n = 30

Hence,

Amount to be paid monthly = P/n

= $3175/30

= $105.83

Approximately to the nearest dollars

= $106

You might be interested in
10. Which equations could be used to solve<br> for x? Circle all that apply.
Wewaii [24]

Answer: B and D

Step-by-step explanation:

7 0
3 years ago
What’s the remainder for this synthetic division problem?
Vesna [10]

3   |   1    5     -8     6

.    |         3    24   48

- - - - - - - - - - - - - - - -

.    |    1    8    16    54

That is to say,

\dfrac{x^3+5x^2-8x+6}{x-3}=x^2+8x+16+\dfrac{54}{x-3}

The remainder is 54.

Another way of doing it is to apply the polynomial remainder theorem, which says the remainder upon dividing a polynomial p(x) by x-c is exactly p(c). So recognizing that the listed coefficients refer to

p(x)=x^3+5x^2-8x+6

we find

p(3)=3^3+5\cdot3^2-8\cdot3+6=54

7 0
4 years ago
What is 0.98435 rounded to one decimal place
vlada-n [284]
The answer would be 1.0
3 0
3 years ago
Identify the remainder when 4x3 - 4x + 12<br> is divided by x + 2.
telo118 [61]
4(x^4+2x^3-x^2-2x+3)/x+2
7 0
3 years ago
The tree farm has a parking lot that will hold 1000 vehicles. Two-fifths of the parking lot spaces are for cars. When you went t
Inessa05 [86]
They’re were 550 trucks in the parking lot.
4 0
3 years ago
Other questions:
  • Suppose that the ages of members in a large billiards league have a known standard deviation of σ = 12 σ=12sigma, equals, 12 yea
    9·1 answer
  • Find all solutions to the equation in the interval [0, 2π).
    12·1 answer
  • 3.<br> solve<br> for<br> x.<br> (8x +9) = 5x-24<br><br> How to get x
    14·1 answer
  • Is (2, -5) a solution to the system?<br><br> y = -3x + 1 y = 4x - 3
    6·2 answers
  • 7m plus 8 equals 71 <br> How do u solve
    13·1 answer
  • HELP!!!! I NEED THIS NOW!!!
    7·1 answer
  • Kari is saving up money to buy a bicycle for her brother for his 12th birthday she already has $70 saved in her bank account and
    6·1 answer
  • Wendy stops running<br> A.Speed<br> B.Velocity <br> C.Acceleration
    5·2 answers
  • Bell Ringer:Last week at the toy store where you work, you sold 46 board games
    7·1 answer
  • What do the following two equations represent? y-3=2(x-3)y−3=2(x−3)y, minus, 3, equals, 2, left parenthesis, x, minus, 3, right
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!