Given:
loan amount: 25,250
original interest rate: 3.4%
new interest rate: 6.8%
term: 10 years.
Assuming that simple interest formula is used.
I = P * r * t
I = interest
P = principal
r = interest rate
t = term/time
I = 25,250 * 3.4% * 10 years
I = 8,585
I = 25,250 * 6.8% * 10 years
I = 17,170
17,170 - 8,585 = 8,585 Additional interest paid using the new interest rate.
Using an online loan repayment calculator: Here are the following data:
Loan Balance:$25,250.00
Adjusted Loan Balance:$25,250.00Loan
Interest Rate:6.80%
Loan Fees:0.00%
Loan Term:10 years
Minimum Payment:$0.00
Monthly Loan Payment:$290.58
Number of Payments:120
Cumulative Payments:$34,869.23
Total Interest Paid:$9,619.23
<span><span>Loan Balance:$25,250.00
</span><span>Adjusted Loan Balance:$25,250.00
</span><span>Loan Interest Rate:3.40%
</span><span>Loan Fees:0.00%
</span><span>Loan Term:10 years
</span><span>Minimum Payment:$0.00</span>
<span>Monthly Loan Payment:$248.51
</span><span>Number of Payments:120</span>
<span>Cumulative Payments:$29,820.59
</span><span>Total Interest Paid:<span>$4,570.59</span></span></span>
Answer:
B
Step-by-step explanation:
If you had values instead of algebraic expressions, you would find the area of the patio and subtract that from the area of the yard. Even though you don't have values, you can still find the area and subtract by expanding and simplifying:
(8x + 2)(6x + 3)
8x × 6x = 48x²
8x × 3 = 24x
2 × 6x = 12x
2 × 3 = 6
So you get 48x² + 36x + 6 as your area of the yard
(x + 5)(3x + 1)
x × 3x = 3x²
x × 1 = x
5 × 3x = 15x
5 × 1 = 5
So the area of the patio is 3x² + 16x + 5
(48x² + 36x + 6) - (3x² + 16x + 5)
48x² - 3x² = 45x²
36x - 16x = 20x
6 - 5 = 1
So your answer is D. 45x² + 20x + 1. I hope this helps!
Answer:
<u>x = 5</u>
Step-by-step explanation:
See attached image.
Answer:
48
Step-by-step explanation:
On either side of a line, there is an angle of 180. This means that when two lines intersect, the angles on either side will equal 180.
To solve this problem, add the two angles and set it equal to zero.
(x + 34) + (2x + 2) = 180
x + 34 + 2x + 2 = 180
3x + 36 = 180
3x = 144
x = 48
The value of x is 48.