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Ainat [17]
3 years ago
15

Based on the information below, choose the correct answers. Note: The monthly loan payment was calculated at 119 payments of $24

2.66 plus a final payment of $241.78.
Loan Balance: $20,000.00
Loan Interest Rate: 8.00%
Monthly Loan Payment: $242.66
Number of Payments: 120
Cumulative Payments: $29,118.32
Total Interest Paid: $9,118.32
On average, what dollar amount of each monthly payment is interest? $
What percent of the total payments is total interest? % NEXT QUESTION ASK FOR HELP
Mathematics
2 answers:
Angelina_Jolie [31]3 years ago
5 0

Answer:

A=$75.99

B=$31.3

Step-by-step explanation:

odyssey ware

Lisa [10]3 years ago
3 0

Since there are 120 payments in total

 Then the total interest paid is $ 9,118.32

The monthly interest = $ 9,118.32 / 120

The monthly interest = $ 75.99 per month

 

% total interest = ( $ 9,118.32/ 29,118.32) x 100

% total interest = 31.31 %

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Jan walked 1/2 mile in 1/3 hours. at this rate, how far will she walk in one hour?
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I hope this helps you

6 0
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I need help assap !!!!
tatiyna

Answer:

C & D

Step-by-step explanation:

Both have an odd amount of numbers, meaning there is a perfect middle.

8 0
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Read 2 more answers
5.   What is an equation for the line with slope and y-intercept 9?  (1 point)
Semenov [28]
6.) y - (-3) = (1 - (-3))/(3 - 1) (x - 1)
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4 0
3 years ago
4.) The time X (minutes) for a lab assistant to prepare the equipment for a certain experiment is believed to have a uniform dis
Jet001 [13]

Answer:

P(35-2 < X 35+2) = P(33< X< 37)= P(X

And using the cumulative distribution function we got:

P(35-2 < X 35+2) = P(33< X< 37)= P(X

The probability that preparation is within 2 minutes of the mean time is 0.134

Step-by-step explanation:

For this case we define the following random variable X= (minutes) for a lab assistant to prepare the equipment for a certain experiment , and the distribution for X is given by:

X \sim Unif (a= 20, b =50)

The cumulative distribution function is given by:

F(x) = \frac{x-a}{b-a} , a \leq X \leq b

The expected value is given by:

E(X) = \frac{a+b}{2} = \frac{20+50}{2}=35

And we want to find the following probability:

P(35-2 < X 35+2) = P(33< X< 37)

And we can find this probability on this way:

P(35-2 < X 35+2) = P(33< X< 37)= P(X

And using the cumulative distribution function we got:

P(35-2 < X 35+2) = P(33< X< 37)= P(X

The probability that preparation is within 2 minutes of the mean time is 0.134

8 0
3 years ago
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