Answer:
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Explanation:
The figure contains a table with the monthly payment on a a $100 loan in function of the number of months (term in months) and the annual percent rates (8.00%, 10.00%, 12.00%, 14.00%).
You find the monthly payment on an $100 loan for the terms of the installment loan obtained by Corey Griffin, in the cell resulting from the intersection of the row for 18 months and the column for the rate of 8.00%. That is 5.91.
The meaning of that value is that it must repaid $5.91 monthly, per each $100 of loan.
Hence, for the $1,000, you compute the monthly payment in this way:
- Monthly payment = $1,000 × ( $5.91 / $100) = $59.10
Now, to find the finance charge, compute the total payments and subtract the amount of the loan:
- Total payments = 18 months × $59.10 / month = $1,063.80
- Finance charge = Total payments - loan amount = $1,063.80 - $1,000 = $63.80
Thus, the finance charge is <u>$63.80 (option A).</u>
<span>numbers is the same? 1<span>7,_,_,41 i think
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Answer:
x = 4, y = 9
Step-by-step explanation:
The angles in a square are right, that is 90°
The diagonals bisect the angles , then
6x + 21 = 45 ( subtract 21 from both sides )
6x = 24 ( divide both sides by 6 )
x = 4
------------------------------------------------
The sides of a square are congruent , then
10y - 29 = 5y + 16 ( subtract 5y from both sides )
5y - 29 = 16 ( add 29 to both sides )
5y = 45 ( divide both sides by 5 )
y = 9
False, for example, if the scale factor is 2, the scale drawing would still be smaller because it would be twice as smaller than the actual object.
The dimensions would have to be 20 x 5 as the model holds the same amount for each side, and because 5 is larger than 4 its used as the models stand.
Hope it helps! :)
