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
Maslowich
3 years ago
4

Eric Shotwell borrows $24,600 from a certain bank. The interest charge amounts to $8,592. What equal monthly payments (in $) mus

t Eric make in order to pay back the loan, with interest, in 36 months?
Mathematics
1 answer:
Olenka [21]3 years ago
3 0

Answer:

He will pay $922 Eve month where

$238.6667 is the interest in the payment

Step-by-step explanation:

Eric Shotwell borrows $24,600 from a certain bank. The interest charge amounts to $8,592 to be paid back in 36 months monthly.

Total money to be paid back

= 24600+8592

Total money to be paid back

= $33192

Now for each month in 36 months, a certain amount must be paid

That amount= 33192/36

= $922

But if the interest wasn't added

He'll pay= 24600/36

=$683.333

So the interest amount in the payment every month= 922-683.333.

= $238.6667

You might be interested in
Someone help me determine whether the statement is true or false
enyata [817]

Answer:

The Statement D⊆B  is False.

Step-by-step explanation:

Given:

A = {1, 3, 5, 7 }

B = {5, 6, 7, 8}

C = {5, 8}

D = {2, 5, 8}

U = {1, 2, 3, 4, 5, 6, 7, 8}

To Check:

D⊆B = True or False

Solution:

The sign '⊆' symbolize  SUBSET

So D⊆B means D is the Sub Set of B

That means All the element of Set D must be there in the SET of B Then it comes True.

Or else it is False

D = {2, 5, 8}

B = {5, 6, 7, 8}

Therefore D⊆B is a FALSE statement

For it to be TRUE we must have set B as

D = {2, 5, 8}

B = {2,5, 6, 7, 8}

Now D⊆B is a TRUE statement

4 0
4 years ago
Divide. give the quotient and remainder 295/4
Sonja [21]

Answer:73 and remainder of 3

Step-by-step explanation:

295/4=73 and a remiander of 3

6 0
2 years ago
Read 2 more answers
If it cost $123.76 how much is it if the discount is 17%?
DerKrebs [107]
$102.72 I hope this helps 


3 0
4 years ago
Read 2 more answers
Danielle baked macaroni for her children for which she used up th of a jug of milk. She also poured
Wittaler [7]
So 46

+ 20.5
25.5
—————
46
4 0
3 years ago
Rename the quadratic function f(x)=-2(x+4)^2-5 in standard form.
Contact [7]

Answer:

function: x=-4

y-intercept: f(0)=-37

Step-by-step explanation:

hope this helps!

8 0
3 years ago
Other questions:
  • Mary said that the number for 42816 rounded to the nearest thousand is 40000 is Mary ? correct explain your answer
    12·1 answer
  • Write an inequality to represent: One-fourth of r subtracted from ten is greater than five
    14·1 answer
  • Match the following Match the inequality to its graph. 20 points and brainiest.
    13·2 answers
  • What is O to the power of 1?
    15·2 answers
  • A bag contains 9 blue marbles and 3 red marbles. You draw three marbles without replacement. What is the probability of drawing
    13·1 answer
  • One teacher wants to give each student 3 1/4 slices of pizza. If the teacher has 13 slices of pizza, then how many students will
    9·1 answer
  • Find the standard equation of a sphere that has diameter with the end points given below. (3,-2,4) (7,12,4)
    9·1 answer
  • A concession stand sell hot dogs and hamburgers. At a football game, 84 hot dogs and 36 hamburgers were sold for $276. At anothe
    14·1 answer
  • Ten horses eat 234.5 lbs. of hay in a week. Assuming each horse eats the same amount, how much does a horse eat in a day?
    7·2 answers
  • 5 yd<br> 6 yd<br> 10 yd<br> 2<br> ?<br> 13 yd
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!