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julsineya [31]
3 years ago
13

Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers different from those pre

sented here. For long-term loans, the differences may be pronounced.
Assume that you take out a $3000 loan for 30 months at 8.5% APR. What is the monthly payment? (Round your answer to the nearest cent.)
Mathematics
1 answer:
Stella [2.4K]3 years ago
5 0

Answer:

111.35

Step-by-step explanation:

effective rate: .085/12= .00708333333333

3000=x\frac{1-(1+.00708333333333)^{-30}}{.00708333333333}\\x=111.35

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HELPPP NEED THIS IN 10 MINSSS!!!!
Artyom0805 [142]

Answer:

<h2>x=3.5</h2><h3>step-by-step explanation:</h3><h3>to understand the solving steps</h3><h3>you need to know about:</h3>
  • trigonometry i.g cos=ad/hypo
  • equation
  • PEMDAS
<h3>given:</h3>

hypo:6.5

angle:57°

<h3>to solve:</h3>

x

<h3>let's solve:</h3>

according to the question

\cos( {57}^{o} )  =  \frac{x}{6.5}

x =  6.5\cos( {57}^{o} )

x = 3.5

6 0
3 years ago
The formula d= rt gives the distance traveled in time t at rate r. A delivery truck drives for 1.5 hours and travels 76miles.
Alika [10]

The formula d = rt describes distance traveled in time and rate of speed. However, we only have the distance and time to place in. This means d = rt would become d / t = r. Once filled in, the problem is now 76 / 1.5 which equals 50.6 (repeating bar over the 6). However, this is the AVERAGE speed of the truck (meaning we are rounding. 50.6 rounded to the nearest speed would be 51 miles per hour.

3 0
3 years ago
4x-2y=7<br> -3x+3y=10<br> Find the point of intersection of the equations
garri49 [273]
4x-2y=7 (1)
-3x+3y=10 (2)
3y= 3x+10
y= x+10/3 (3)
sub (3) into (1)
4x-2(x+10/3)=7
4x-2x-20/3=7
2x-20/3=7
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2x= 41/3
x= (41/3) / 2
x= 41/6
sub x= 41/6 into (3)
y= 41/6+10/3
= 61/6

Therefore the point of intersection is (41/6, 61/6) 
4 0
3 years ago
Read 2 more answers
Can someone please help me ?
mixas84 [53]
A + b = 1013;
a - b = 9;
2a = 1022 => a = 511; b = 502;
7 0
3 years ago
Eighty percent of seniors at the local high school graduate each year. If there are 750 seniors this year, how many will graduat
yulyashka [42]
What you need to find is 80% of 750

There are many ways to figure that out but the way that I did it is to divide 750 by 100. The answer (7.5). Is 1% of 750
In all I had to do was multiply 7.5 x 80. Giving us the answer which is 600
4 0
3 years ago
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