mario is taking a $2,900, 2-year loan with an APR of 5.44%. what is the montly payment for this loan? round to the nearest cent
1 answer:
Answer:
The monthly payment for this loan is $127.80
Step-by-step explanation:
The formula of the monthly payment is
- P is the initial amount of the loan
- r is the rate in decimal
- n is the period of the time
- t is the time of the loan
∵ Mario is taking a $2,900, 2-year loan with an APR of 5.44%
∴ P = 2,900
∴ t = 2
∵ ART means annual percent rate
∴ r = 5.44% = 5.44 ÷ 100 = 0.0544
∴ n = 12
→ Substitute all these values in the formula above
∵ M.P =
→ use your calculator to find the answer
∴ M.P = 127.7992528
→ Round it to the nearest cent ⇒ 2d.p
∴ M.P = 127.80
∴ The monthly payment for this loan is $127.80
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Answer:
<h3>The answer is 134.29 m</h3>Step-by-step explanation:
First of all we need to convert 14.0 acres to m²
1.00 acre = 4046.86 m²
14.0 acres = 14 × 4046.86 = 56656.04 m²
Area of a circle = πr²
where
r is the radius
To find the radius substitute the value for the area into the above formula and solve for the radius
That's
Divide both sides by π
We have
Find the square root of both sides
r = 134.29139
r = 134.29 m to 2 decimal places
Hope this helps you
Given:
Triangle QRS has coordinates Q(-2, -2), R(0, 3), and S(4, -2) and is dilated by a scale factor of 2.
To find:
The new coordinates of point S', and state whether the dilation is an enlargement or a reduction.
Solution:
If a figure is dilated by factor k with origin as center of dilation, then
Where, 0<k<1 is reduction and k>1 is enlargement.
The figure is dilated by scale factor 2 which is greater than 1, so the dilation is an enlargement. The rule of dilation is:
Using this rule, we get
Therefore, the new coordinates of point S' are (8,-4).