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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

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Evgesh-ka [11]

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7 0
3 years ago
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Austin keeps a right conical basin for the birds in his garden as represented in the diagram. The basin is 40 centimeters deep,
Lina20 [59]

The shortest distance between the tip of the cone and its rim exits 51.11cm.

<h3>What is the shortest distance between the tip of the cone and its rim?​</h3>

If you draw a line along the middle of the cone, you'd finish up with two right triangles and the line even bisects the angle between the sloping sides. The shortest distance between the tip of the cone and its rim exists in the hypotenuse of a right triangle with one angle calculating 38.5°. So, utilizing trigonometry and allowing x as the measurement of the shortest distance between the tip of the cone and its rim.

Cos 38.5 = 40 / x

Solving the value of x, we get

Multiply both sides by x

$\cos \left(38.5^{\circ}\right) x=\frac{40}{x} x

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Divide both sides by $\cos \left(38.5^{\circ}\right)$

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simplifying the above equation, we get

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x = 51.11cm

The shortest distance between the tip of the cone and its rim exits 51.11cm.

To learn more about right triangles refer to:

brainly.com/question/12111621

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1 year ago
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Answer:

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You have to use Indices Law,

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