Ask question

Ask question

All categories

3 years ago

5

If $10,000 is borrowed at an APR of 18%, for a period of 5 years and payments are made monthly, what will be the monthly payment

?

1 answer:

Soloha48 [4]3 years ago

4 0

Answer:

$381.29

Step-by-step explanation:

10000(1+.18)5

10000(1.18)5

Amount due $22877.58

since 5 years x 12 months =60 months

monthly payment is 22877.58÷60 = $381.29

You might be interested in

50 pts Which symbol(s) represent SI units for temperature? Check all that apply

Sav [38]

C and F

Celcius and Farenheit

3 0

3 years ago

Read 2 more answers

CONDITIONAL PROBABILITY ASSISTANCE

Mars2501 [29]

Consider such events:

A - selected student is freshmen

B - selected student is girl

$A\cap B$ - selected student is freshman is girl

$A|B$ - choosen girl is freshmen.

Use formula $Pr(A|B)=\dfrac{Pr(A\cap B)}{Pr(B)}$ .

From the table you can see that girls that are freshmen are 4 from all 30 people, then $Pr(A\cap B)=\dfrac{4}{30}$ . There are 18 girls, then $Pr(B)=\dfrac{18}{30}$ . Substitute into the formula:

$Pr(A|B)=\dfrac{\frac{4}{30} }{\frac{18}{30} }=\dfrac{4}{18} =\dfrac{2}{9}$ .

Answer: $Pr(A|B)=\dfrac{2}{9}$ .

4 0

4 years ago

The cylinders are similar the volume of the larger cylinder is 1600 cubic centimeters what is the volume of the smaller cylinder

cestrela7 [59]

We are given Volume of the larger cylinder is = 1600 cubic centimeters.

Height of the larger cylinder = 16 cm.

We know formula of volume of a cylinder V= $\pi r^2h$ , where r is the radius of cylinder, h is the height of the cylinder.

Plugging value of V and h of larger cylinder, we get

$1600=\pi r^2(16).$

Dividing both sides by 16, we get

$\frac{1600}{16}=\frac{\pi r^2 (16)}{16}$

$r^2=100$

Taking square root on both sides, we get

r=10.

Therefore, radius of the larger cylinder is 10 cm.

We are given cylinders are similar .

<u>Note: The radii and heights of similiar cylinders are in same ratio.</u>

Therefore, we can setup a proportion:

Let us take radius of small cylinder is x.

$\frac{x}{10}=\frac{4}{16}$

$\frac{x}{10}=\frac{1}{4}$

Multiplying both sides by 10, we get

$10 \times \frac{x}{10}=10 \times\frac{1}{4}$

x=2.50.

Therefore, radius of the small cylinder = 2.5 cm.

Now, plugging radius =2.5 and height = 4 in the formula of volume the cylinder, we get

$V=\pi (2.5)^2(4)=\pi (6.25)(4) =25 \pi \ cm^3.$

Therefore, correct option is 25 pi cm^3.

8 0

3 years ago

A shop has 55 posters for sale. 34 posters show sports. The rest of the posters show animals. How many posters show animals?

xeze [42]

This is a subtraction problem so it would read 55-34 and the answer is 21 posters are animals.

8 0

3 years ago

Read 2 more answers

Solve for n. 2/3(1+n)=-1/2n

notka56 [123]

Answer:

=−4/7

Step-by-step explanation:

And yh I'm sorry if I got it wrong

5 0

3 years ago