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Nataly_w [17]
3 years ago
15

Kenise will begin college as a freshman next fall and has received a 10-year $5,500 Federal Direct Unsubsidized Loan with an int

erest rate of 6.8%. She will be required to begin making payments six months after graduation. How much interest will accrue while she is still in school and over the six-month grace period?
Mathematics
1 answer:
Aleks04 [339]3 years ago
3 0

Answer:

The interest accumulated will be $3,927

Step-by-step explanation:

Mathematically;

Simple interest = PRT/100

From the question, we have P as the amount borrowed = $5,500

R is the interest rate = 6.8%

T is the time which is 10 years + 6 months = 10 1/2 years

The interest accrued will thus be;

(5,500 * 6.8 * 10.5)/100 = $3,927

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m=\frac{-3-0}{4-1}=\frac{-3}{3}=-1

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3 years ago
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5 0
1 year ago
Mr. Casey writes the equation 40 = 16 + 24 = a(b + c). What whole
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Answer:

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Step-by-step explanation:

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Factors of 16 = 1, 2, 4, <u>8</u>, 16.

Factors of 24 = 1, 2, 3, 4, 6, <u>8</u>, 12, 24.

Now, common factors for 16 and 24 are 1, 2, 4 and 8.

Now, the values of b\textrm{ and }c should be such that there should be no common factors between them except 1. In other words, b\textrm{ and }c are prime numbers.

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