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Minchanka [31]
2 years ago
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Mathematics
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BigorU [14]2 years ago
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Helena has taken out a $9,300 unsubsidized Stafford loan to pay for her college education. She plans to graduate in four years.
kherson [118]
The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16

The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72

The answer is $1999.72.
8 0
3 years ago
Read 2 more answers
5. A car wash uses 50 gallons of water every
ira [324]

Answer:

1.25 gallons per second

Step-by-step explanation:

To figure this out divide 50 by 40

I don't know how to explain this further, hope this is good enough.

- Que

7 0
3 years ago
Read 2 more answers
Can anyone at least answer one questions pls and thank you
Burka [1]

Step-by-step explanation:

Number on is base

Two is diameter

Three is radius and diamater

Five is cubic

Four is pi and radius

( pls excuse my spelling )

5 0
3 years ago
Read 2 more answers
Select all ratios equivalent to 6:3.
Ghella [55]
The only ratio there equal to 6:3 is 54:27

Both 54 and 27 are divisible by 9.

54/9 = 6
27/9= 3

Therefore, 54:27=6:3
8 0
2 years ago
Read 2 more answers
What is the definition of obtuse
o-na [289]
An angle that is more than 90 degrees but less than 180 degrees
6 0
3 years ago
Read 2 more answers
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