Answer:
Laura's monthly payment will be $501, and her total finance charge over the course of the loan will be $5,060.
Step-by-step explanation:
Given that in a 5-year loan with an annual interest of 7.5%, the monthly payments for every $ 1,000 are $ 20.04, taking into account that Laura took a loan of $ 25,000, to determine the monthly payments and the total interest to be paid, they must be made the following calculations:
20.04 x 25 = X
501 = X
Thus, the monthly payments that Laura will have to make will be $ 501.
(501 x 12 x 5) - 25,000 = X
30,060 - 25,000 = X
5,060 = X
In turn, the total finance charge will be $ 5,060.
Answer:
See below ~
Step-by-step explanation:
<u>Drawing the rectangle</u> (Refer attachment)
<u>Horizontal sides</u>
- There are two x-values present : 1 and 6
- Find the difference
- 6 - 1 = 5
- The horizontal sides of the rectangle are <u>5</u> units long
<u>Vertical sides</u>
- Two y-values are present : 4 and 5
- Find the difference
- 5 - 4 = 1
- The vertical sides of the rectangle are <u>1</u> unit long
<u>Perimeter</u>
- 2(Horizontal side + Vertical side)
- 2(5 + 1)
- 2(6)
- 12
- The perimeter of the rectangle is <u>12</u> units
Answer: - 3.5, -7/3
Step-by-step explanation:
Answer:
5.5
Step-by-step explanation:
