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Arisa [49]
3 years ago
6

Asaph took out a loan for $17,550. To pay it back, he will make 60 monthly payments of $437.

Mathematics
2 answers:
alexira [117]3 years ago
7 0
Total payments 437×60=26,220
Interest paid
26,220−17,550=8,670
lilavasa [31]3 years ago
7 0

Answer:

The amount Asaph pay in interest= $ 8670

Step-by-step explanation:

The amount of interest one pay in interest is equal to the total amount he has paid minus the amount of loan he took.

Since, the interest is the extra amount  charged by a person or by an organisation from someone who takes a loan.

It is given that:

Asaph took out a loan for $17,550.

To pay it back, he will make 60 monthly payments of $437.

Total amount he pays= $ (437×60)=$ 26220.

Hence, the amount Asaph pay in interest= $ 26220-$ 17550

                                                                    = $ 8670

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Step-by-step explanation:

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3 years ago
which conversion factors are used to convert 4 km/min to meters per hour? select each correct answer. a.1 h60min b.1 km1000 m c.
Maksim231197 [3]
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3 0
3 years ago
HELPPPPP ASAPPPP!!!!!!
In-s [12.5K]

Hey there!!

Let's take the number as x and y

Given,

The sum of x and y = 12

One number is 2 more than the other

Let's take y = x + 2

Equations

x + y = 12

As we know y = x + 2 , plug the value in

x + x + 2 = 12

2x + 2 = 12

Subtract 2 on both sides

2x = 10

Divide by 5 on both sides

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y = 2 + x

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Hope my answer helps!

3 0
3 years ago
Read 2 more answers
An investment advisor believes that there is a 60% chance of making money by investing in a specific stock. If the stock makes m
inessss [21]

Answer:

\mathbf{ 0.6 \times 0.5 = 0.3 }

Step-by-step explanation:

Let M denote the event that the stock makes money and D denote the event that the stock pays dividends.

It is given that P(M) = 0.6

Observe that the two events M and D are not independent because if the stock doesn't make money then it will not pay dividends. Therefore the event D | M^{c} (D given M does not occur) is a null event, i.e

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It is also given that,

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Recall that : P(D|M) = \frac{P(D \cap M)}{P(M)}

Here, we are required to find P(D \cap M)

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7 0
3 years ago
How to solve this one​
nalin [4]

Answer:

Step-by-step explanation:

w^3 + 4w^2 + 5w - 12

3 0
3 years ago
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