Ask question

Ask question

All categories

anastassius [24]

3 years ago

10

Jill Barkely obtained a 25-year, $460,000 mortgage loan from University Savings and Loan Association with 6% interest. The month

ly payment is $2,962.40. For the first payment, find the interest to the nearest cent.

1 answer:

aleksley [76]3 years ago

8 0

<span>Have you considered calculating it directly? $2,962.40*(0.06/12)
If you do that then your answer would be 14.81...
Hope this helps... :)</span>

You might be interested in

Omg pls help ill give you 20 points

ElenaW [278]

Answer:

Step-by-step explanation:

Amount of water in tank 1 = amount of water in tank 2

30t +25 = -20t + 1000

Add 20t to both sides

30t + 20t + 25 = -20t + 20t + 1000

50t + 25 = 1000

Subtract 25 from both sides

50t + 25 - 25 = 1000 - 25

50t = 975

Divide both sides by 50

t = 975/50 = 39/2

$= 19 \frac{1}2}$

t = 19 minutes 30 seconds

After 19 1/2 minutes both tanks will have 610 liters of water

5 0

2 years ago

What is an equation for a circle with a center at (-2,3) and a radius of 3

neonofarm [45]

Answer:

(x+2)² + (y–3)² = 3²

Step-by-step explanation:

just use the standard formula

3 0

3 years ago

Find the balance in an account at the end of 8 years if $6000 is invested at an interest rate of 4.2% that is compounded continu

tester [92]

Answer:

$8016.00

Step-by-step explanation:

I = 6000 × 0.042 × 8 = 2016

I = $ 2,016.00

$2,016.00 + $6,000.00 = 8,016.00

7 0

2 years ago

Sam has a collection of stamps. For every 18 dinosaur stamps, he has 12 airplane stamps. Sam wrote a ratio for dinosaur stamps t

const2013 [10]

Answer:

Given the ratio for dinosaur stamps to airplane stamp, the correct ratio is 18 : 12

Step-by-step explanation:

Dinosaur stamps = 18

Airplane stamps = 12

John wrote:

ratio of dinosaur stamps to airplane stamps = 12 to 18

Correct ratio:

ratio of dinosaur stamps to airplane stamps = 18 : 12

= 18/12

6 0

2 years ago

The expression 15 n + 5 n + 5 Which is another way to write this expression?

bixtya [17]

Answer:

cbdkkdfn

Step-by-step explanation:

bfnsowifnccvl

4 0

3 years ago

Read 2 more answers