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tester [92]
4 years ago
9

Microphone

Mathematics
1 answer:
AveGali [126]4 years ago
3 0

I believe the answers b

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Katelyn plans to apply for a $10,000 loan at an interest rate of 5.6% for 5 years. Use the monthly payment formula to complete t
SashulF [63]

Answer:

Katelyn's monthly payment for the loan is $ 2,032.52

Step-by-step explanation:

The formula given is explicit,we can solve for monthly payment using the below formula

P=L(1-r/r-r^n+1)

r=1/(1+i)

i=5.6%/12=0.47%

5.6% is an annual interest rate,it would be appropriate to restate in monthly terms

r=1/(1+0.47%)=0.995

n=5 years*12 months=60

L is the loan amount of $100,000

P=100000*(1-0.995)/(0.995-0.995^60+1)

=100000*(1-0.995)/(0.995-0.74)

=100000*0.005/0.246

=$ 2,032.52  

4 0
4 years ago
If you pick a card at random from a well shuffled deck, what is the probability that you get a spade or a king
Goryan [66]
The probability of getting a spade is 1/4, and the probability of getting a king is 1/13. Thus, the probability of getting a spade or a king is \frac{1}{4} + \frac{1}{13} = \boxed{\frac{17}{52}}.
7 0
3 years ago
Read 2 more answers
What is the volume of the rectangular prism below?<br> 24 in 3<br> 48 in 3<br> 72 in 3<br> 108 in 3
alexdok [17]

Answer:

72

Step-by-step explanation:

3 x 4 = 12

12 x 6 = 72

hope i helped

8 0
4 years ago
Nadia says the hypotenuse of this right triangle has a length of 73 because the Pythagorean theorem states that (28 + 45) square
masya89 [10]

Answer:

C :She is incorrect because she should have squared each leg length and then found the sum

4 0
4 years ago
Read 2 more answers
I dont understand please help
BartSMP [9]

Answer:

hey theres no pic

Step-by-step explanation:

7 0
3 years ago
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