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Citrus2011 [14]
3 years ago
8

Ignore the top equation But PLEASE

Mathematics
1 answer:
ivolga24 [154]3 years ago
3 0
I think the answer is in Slader ( aka a app) it usually has answers to go math
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You take out $50,000 for loans during your college career. You must pay it back with 7% APR for 20 years, making monthly payment
Ad libitum [116K]

Answer:

The monthly payment for the loan amount for 20 years is $806.167

Step-by-step explanation:

The principal loan amount= $ 50,000

The rate of interest = 7 %

the time period of loan = 20 years = 20 × 12 = 240 months

let the amount after 20 years = $ A

<u>From Compounded method</u>

Amount = Principal × (1+\dfrac{\textrm rate}{100})^{\textrm Time}

or, A = 50,000 × (1+\dfrac{\textrm 7}{100})^{\textrm 20}

or, A = 50,000 × (1.07)^{20}

Or, A = 50,000 × 3.8696

∴ Amount = $ 193,480

So, The amount after 20 years = $ 193,480

The monthly payment amount = $ \frac{193480}{240} = $ 806.167

Hence The monthly payment for the loan amount for 20 years is $806.167 Answer

3 0
3 years ago
Can someone help me please
Romashka-Z-Leto [24]

Answer:

A) At least 1 Right angle

Step-by-step explanation:

As you can seel all the shapes here have atleast 1 right angle, but all the shapes don't have all the things that the other answer choices are saying.

So hence, your answer is A) At least 1 Right Angle

Thanks!

Mark me brainliest!

6 0
2 years ago
In the year, it was released, Rush Hour earned $334,100,000 while the films Star Wars and Freaky Friday together earned $1,096,5
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Answer:

A. $,143,699,010

Step-by-step explanation:

Use a calculator my friend.

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3 years ago
Read 2 more answers
Fill in the symbol to make the inequality match the statements.
Alenkasestr [34]

Answer:

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Step-by-step explanation:

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Can someone solve this for me?
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Answer:

The slope is 7

Step-by-step explanation:

The number by X

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4 years ago
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