Answer:
Laura's monthly payment will be $501, and her total finance charge over the course of the loan will be $5,060.
Step-by-step explanation:
Given that in a 5-year loan with an annual interest of 7.5%, the monthly payments for every $ 1,000 are $ 20.04, taking into account that Laura took a loan of $ 25,000, to determine the monthly payments and the total interest to be paid, they must be made the following calculations:
20.04 x 25 = X
501 = X
Thus, the monthly payments that Laura will have to make will be $ 501.
(501 x 12 x 5) - 25,000 = X
30,060 - 25,000 = X
5,060 = X
In turn, the total finance charge will be $ 5,060.
Answer:
(x+5)^2 = 1
Step-by-step explanation:
x^2+10x+24 = 0
Subtract 24 from each side
x^2+10x+24 -24 = 0-24
x^2+10x = -24
Take the coefficient of x
10
Divide by 2
10/2 =5
Square it
5^2 = 25
Add it to each side
x^2+10x+25 = -24+25
Take the coefficient divided by 2 inside the factor
(x+10/2) ^2 = -24+25
(x+5)^2 = 1
The answer to your question is 177,251.28571529
Answer: 18.288
Step-by-step explanation:
Do you think the answer is C.147?
