Answer:
D. $31,337.27
Step-by-step explanation:
We have that the initial amount of the loan is $5500.
Miranda took the loan for 4 years. So, the total present value is $5500×4 = $22,000.
The rate of interest on the loan is 7.5% i.e. 0.075 and it was for the duration of 10 years.
Also, it is given that the loan was compounded annually.
We have the formula as,

i.e. ![PV=\frac{P\times [1-(1+\frac{r}{n})^{-t\times n}]}{\frac{r}{n}}](https://tex.z-dn.net/?f=PV%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7B-t%5Ctimes%20n%7D%5D%7D%7B%5Cfrac%7Br%7D%7Bn%7D%7D)
Substituting the values, we get,
i.e. ![PV=\frac{P\times [1-(1+\frac{0.075}{12})^{-10\times 12}]}{\frac{0.075}{12}}](https://tex.z-dn.net/?f=PV%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B%5Cfrac%7B0.075%7D%7B12%7D%29%5E%7B-10%5Ctimes%2012%7D%5D%7D%7B%5Cfrac%7B0.075%7D%7B12%7D%7D)
i.e. ![22000=\frac{P\times [1-(1+0.00625)^{-120}]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B0.00625%29%5E%7B-120%7D%5D%7D%7B0.00625%7D)
i.e. ![22000=\frac{P\times [1-(1.00625)^{-120}]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281.00625%29%5E%7B-120%7D%5D%7D%7B0.00625%7D)
i.e. ![22000=\frac{P\times [1-0.4735]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-0.4735%5D%7D%7B0.00625%7D)
i.e. 
i.e. 
i.e. 
i.e. 
Thus, the total lifetime cost to pay of the loans compounded annually = 261.16 × 120 = $31,339.2
Hence, the total cost close to the answer is $31,337.27
Answer:
28,980
Step-by-step explanation:
69 x 420 = 28,980
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Answer:
A: no correlation
Step-by-step explanation:
Hopefully this helps!
Answer:
Do you mean like on the line it would be x=3 or where you looking for a different type of answer?sorry if this isn't too helpful
Step-by-step explanation:
Answer:
x = -7 and x = 4.
Step-by-step explanation:
f(x) = x^2 + 3x - 28
= (x + 7)(x - 4).
The reciprocal of f(x) can be written as
1 / (x + 7)(x - 4).
When the denominator is zero we have vertical asymptotes
so they are x = -7 and x = 4.