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
Lunna [17]
3 years ago
12

debt payments of $800 due now and $1400 due in 5 months are to be repaid by a payment of $1000 in 3 months and a final payment i

n 8 months. calculate the size of the final payment if interest is 6%.
Mathematics
1 answer:
loris [4]3 years ago
5 0

Answer:

$1,304.70

Step-by-step explanation:

If interest 6% annually, monthly is 0.5%.

The debt in 5 months will be 800 plus compounded interest for 5 months plus new due debt

800(1.005)^5+1400=2220.201

In 3 more months the debt will be 2220.201 plus compounded interest for 3 months minus payment

2220.201(1.005)^3-1000=1253.67

After 8 months the debt would be 1253.67 plus compounded interest for 8 months

2220.201(1.005)^3=1304.70

Then the size of the final payment would be $1,304.70

You might be interested in
How does tan 135 degrees compare to tan -135 degrees
Anna007 [38]
Evaluating the tangent function for the two values we obtain the following:
tan 135=tan(135+180)=tan 315=-1

next:
tan -135=tan(180-135)=tan 45=1
thus comparing the two we see that tan 135 is negative while tan -135 is positive
3 0
3 years ago
Which option shows the graph of 3y+18>5x
andrew-mc [135]

Hi, I'm so sorry I can't answer that. but I have something you can answer that. Search in browser or anything searcher that you have "Quickmath" or "Cymath" all your equations,problems can solved

Step-by-step explanation:

i hope it helps

3 0
2 years ago
Two ducklings wander away from the nest while their mother is away. The first duckling's displacement (distance and direction) f
aksik [14]

the second duckling is wandering by 2.6 units distance than the first duckling .

<u>Step-by-step explanation:</u>

Here we have , Two ducklings wander away from the nest while their mother is away. The first duckling's displacement (distance and direction) from the nest is (12,5) The second duckling's displacement is (13,-8) . We need to find How much farther did the second duckling wander than the first duckling. Let's find out:

Let a = (12,5) and b =(13,-8)

The distance each duckling wandered is the magnitude of its displacement vector. Therefore, the expression Distance second duck wandered is given by :

⇒ D  = |b|-|a|

⇒ D  = \sqrt{13^2+(-8)^2} -\sqrt{12^2+5^2}

⇒ D  = \sqrt{233} -\sqrt{169}

⇒ D  =15.26 -13

⇒ D  =2.6

Therefore , the second duckling is wandering by 2.6 units distance than the first duckling .

4 0
3 years ago
Which list shows the numbers in order from least to greatest?
AlekseyPX
A is the correct answer. ☺️
4 0
3 years ago
Read 2 more answers
Microsort is a genetics company that advertises a product that supposedly increases the chance of a female birth for couples pla
Brut [27]
The correct answer is C
8 0
2 years ago
Other questions:
  • Mai walked 1/8 of a 30-mile walking trail.How many miles did mai walk
    9·1 answer
  • 360 by 36 using partial quotient
    9·1 answer
  • 9p+8=10p+7 is this equation open or false?
    12·2 answers
  • How many solutions are there for the system of equations shown on the graph?
    11·2 answers
  • Can you simplify the equation 64x(squared)-112x+49
    13·1 answer
  • Select the solution to the system from the options
    15·1 answer
  • Fred used a number line to find the value of (-3)+(-5). Which of these number lines did he use?
    13·2 answers
  • 6x = 1/2(2x + 5)<br> Solve for x step by step <br> Please answer quickly
    10·2 answers
  • The answer to this question
    12·2 answers
  • Please help
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!