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
weqwewe [10]
3 years ago
6

Barb is a freshman attending a 4-year college. She has been approved for a $12000

Mathematics
1 answer:
tester [92]3 years ago
8 0

Answer:

The amount in interest accruable to the U.S. Department of Education after 4.5 years is $2,882.33

Step-by-step explanation:

The given parameters are;

The amount, P of subsidized federal loan Barb has been approved for = $12,000

The interest rate at which the loan was approved, r = 4.29%

The duration of the loan = 10 years

The interest after 4.5 years is given as follows;

A = P \times \left (1 + \dfrac{r}{n} \right  ) ^{n \cdot t}

Where;

A = The total amount of the loan plus interest after a given time period

n = The number of compounding of the interest per annum

Plugging in the values, we get;

A = 12,000 \times \left (1 + 0.049 \right  ) ^{4.5} \approx 14,882.33

The interest, i, is therefore given as follows;

i = A - P = 14,882.33 - 12,000 = 2,882.33

The interest, i after 4.5 years = $2,882.33

The amount in interest accruable to the U.S. Department of Education after 4.5 years = $2,882.33.

You might be interested in
Given g(x)=-2x+3, solve for x when g(x)=-3
erma4kov [3.2K]

Answer:

g(-3)=9

Step-by-step explanation:

Replace all of the (x) with -3

So the new equation

g(-3)= -2(-3)+3

Now simplify

g(-3)= 6+3

Simplify further

g(-3)= 9

Hope this helps!

5 0
3 years ago
Answer me please now
Anna35 [415]

Answer:

1. $8.

2. 48 counters.

Step-by-step explanation:

1. A pair of socks cost 20 - 2(6)

= $8.

2. let the number of counters in Box A and Box be be x.

Then the number of counters in Box B after the transfer is x + 1/2 x.

x + 1/2 x = 72

1.5 x = 72

x = 72 / 1.5

= 48.

4 0
3 years ago
Read 2 more answers
What method would you use to solve -4x2 - 5x + 5=0
ipn [44]
Using the quadratic formula
5 0
3 years ago
Read 2 more answers
A card is drawn from a standard deck of cards, not replaced, then another is drawn. What is the probability that both cards are
defon
1/31 chance of it being hearts

7 0
3 years ago
The original price for the shirt is $30.00. The shirt is on sale for 10% off. What is the sale price of the shirt?
Xelga [282]

Answer:

$3 off which is $27

Step-by-step explanation:

10% of 30 is 3 so you would subtract 30 - 3

and you get $27

8 0
2 years ago
Other questions:
  • These plots show the number of kilometers a group of students at Middleton Middle School and at Westwood Middle School travel to
    12·2 answers
  • Identify the correct two-column proof. PLEASE HELP ASAP!! I need to raise my geometry grade!!
    5·1 answer
  • In the diagram below, AB is parallel to CD. What is the value of X?
    11·2 answers
  • What is the standard deviation of the data set? 7, 3, 4, 2, 5, 6, 9 Round the answer to the tenths place.
    6·2 answers
  • +54- -75 what the answer
    5·2 answers
  • HELP please, will give brainliest​
    15·2 answers
  • A dog is fed 3 1/2 cups of food. A puppy is fed 3/5 of that. How much is the puppy fed?
    14·1 answer
  • Solve the system of equations:
    8·1 answer
  • What is 1 1/6 divided by 2 2/3 simplified
    9·2 answers
  • Please help me. I have been stuck for 45 minutes
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!