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3 years ago

Determine the monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months.

Mathematics

2 answers:

kolbaska11 [484]3 years ago

7 0

Answer:

The monthly payment is $93.32 ⇒ answer a

Step-by-step explanation:

* Lets explain how to solve the problem

- The monthly payment is $\frac{P(r)}{1-(1+r)^{-n} }$

where:

# P is the loan amount

# r is the rate per period in decimal

# n is the number of periods

- The loan is $3000

- We need to find the monthly payment

∴ P = $3000

- The compound monthly interest is 7.5% for 36 months

∵ The period is 12 (1 year = 12 months)

- Divide the rate as a decimal by 12

∴ $r=\frac{7.5}{100(12)}=0.00625$

∴ r = 0.00625

∴ n = 36

* <u><em>Lets calculate the monthly payment using the rule above</em></u>

∵ Monthly payment = $\frac{(3000)(0.00625)}{1-(1+0.00625)^{-36}}=93.32$

∴ The monthly payment is $93.32

Makovka662 [10]3 years ago

3 0

Answer:

$93.32

Step-by-step explanation:

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4 years ago

Integrate the following problem:

vazorg [7]

Answer:

$\displaystyle \frac{2 \cdot sin2x-cos2x}{5e^x} + C$

Step-by-step explanation:

The integration by parts formula is: $\displaystyle \int udv = uv - \int vdu$

Let's find u, du, dv, and v for $\displaystyle \int e^-^x \cdot cos2x \ dx$ .

$u=e^-^x$
$du=-e^-^x dx$

$dv=cos2x \ dx$
$v= \frac{sin2x}{2}$

Plug these values into the IBP formula:

$\displaystyle \int e^-^x \cdot cos2x \ dx = e^-^x \cdot \frac{sin2x}{2} - \int \frac{sin2x}{2} \cdot -e^-^x dx$
$\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{e^-^x sin2x}{2} - \int \frac{sin2x}{2} \cdot -e^-^x dx$

Now let's evaluate the integral $\displaystyle \int \frac{sin2x}{2} \cdot -e^-^x dx$ .

Let's find u, du, dv, and v for this integral:

$u=-e^-^x$
$du=e^-^x dx$
$dv=\frac{sin2x}{2} dx$
$v=\frac{-cos2x}{4}$

Plug these values into the IBP formula:

$\displaystyle \int -e^-^x \cdot \frac{sin2x}{x}dx = -e^-^x \cdot \frac{-cos2x}{4} - \int \frac{-cos2x}{4}\cdot e^-^x dx$

Factor 1/4 out of the integral and we are left with the exact same integral from the question.

$\displaystyle \int -e^-^x \cdot \frac{sin2x}{x}dx = -e^-^x \cdot \frac{-cos2x}{4} + \frac{1}{4} \int cos2x \cdot e^-^x dx$

Let's substitute this back into the first IBP equation.

$\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{e^-^x sin2x}{2} - \Big [ -e^-^x \cdot \frac{-cos2x}{4} + \frac{1}{4} \int cos2x \cdot e^-^x dx \Big ]$

Simplify inside the brackets.

$\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{e^-^x sin2x}{2} - \Big [ \frac{e^-^x \cdot cos2x}{4} + \frac{1}{4} \int cos2x \cdot e^-^x dx \Big ]$

Distribute the negative sign into the parentheses.

$\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{e^-^x sin2x}{2} - \frac{e^-^x \cdot cos2x}{4} - \frac{1}{4} \int cos2x \cdot e^-^x dx$

Add the like term to the left side.

$\displaystyle \int e^-^x \cdot cos2x \ dx + \frac{1}{4} \int cos2x \cdot e^-^x dx= \frac{e^-^x sin2x}{2} - \frac{e^-^x \cdot cos2x}{4}$
$\displaystyle \frac{5}{4} \int e^-^x \cdot cos2x \ dx = \frac{e^-^x sin2x}{2} - \frac{e^-^x \cdot cos2x}{4}$

Make the fractions have common denominators.

$\displaystyle \frac{5}{4} \int e^-^x \cdot cos2x \ dx = \frac{2e^-^x sin2x}{4} - \frac{e^-^x \cdot cos2x}{4}$

Simplify this equation.

$\displaystyle \frac{5}{4} \int e^-^x \cdot cos2x \ dx = \frac{2e^-^x sin2x - e^-^x cos2x}{4}$

Multiply the right side by the reciprocal of 5/4.

$\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{2e^-^x sin2x - e^-^x cos2x}{4} \cdot \frac{4}{5}$

The 4's cancel out and we are left with:

$\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{2e^-^x sin2x - e^-^x cos2x}{5}$

Factor $e^-^x$ out of the numerator.

$\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{e^-^x(2 \cdot sin2x-cos2x)}{5}$

Simplify this by using exponential properties.

$\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{2 \cdot sin2x-cos2x}{5e^x}$

The final answer is $\displaystyle \int e^-^x \cdot cos2x \ dx = \frac{2 \cdot sin2x-cos2x}{5e^x} + C$ .

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3 years ago

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Answer:

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Step-by-step explanation:

The way to find slope is known as "Rise over Run" meaning the increase of Y over the increase of X. The increase of Y is 10 because 1 - (-9) = 10. The increase of X is 1 because 5 - 4 = 1. 10 over 1, or 10 / 1, equals 10.

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4 years ago

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