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2 years ago

2/3 as afraction with a denominator of 6

Mathematics

1 answer:

yanalaym [24]2 years ago

6 0

Answer:

4/6

Step-by-step explanation:

3 x 2 = 6

2 x 2 = 4

2/3 = 4/6

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At the beginning of each of her four years in college, Miranda took out a new Stafford loan. Each loan had a principal of $5,500

kaheart [24]

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,

$P=\frac{\frac{r}{n}\times PV}{1-(1+\frac{r}{n})^{-t\times n}}$

i.e. $PV=\frac{P\times [1-(1+\frac{r}{n})^{-t\times n}]}{\frac{r}{n}}$

Substituting the values, we get,

i.e. $PV=\frac{P\times [1-(1+\frac{0.075}{12})^{-10\times 12}]}{\frac{0.075}{12}}$

i.e. $22000=\frac{P\times [1-(1+0.00625)^{-120}]}{0.00625}$

i.e. $22000=\frac{P\times [1-(1.00625)^{-120}]}{0.00625}$

i.e. $22000=\frac{P\times [1-0.4735]}{0.00625}$

i.e. $22000=\frac{P\times 0.5265}{0.00625}$

i.e. $P=\frac{22000\times 0.00625}{0.5265}$

i.e. $P=\frac{137.5}{0.5265}$

i.e. $P=261.16$

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

7 0

2 years ago

Read 2 more answers

Write each fraction as a decimal 5/8

mina [271]

Answer:

0.625

Step-by-step explanation:

Just take a calculator and devide it

5 0

2 years ago

Plzzzzz helpppppp with 24-28

shepuryov [24]

Answer:

Step-by-step explanation:

90=42+30+x

solve for x

x=18

5 0

2 years ago

Turn the sum of five and number, u, is 14 into a equation

alekssr [168]

5+n=14

(n is the unknown number)

6 0

2 years ago

. If B is a complement of A, and C is a supplement of B, find these measures. A <br> equals 40

Arte-miy333 [17]

Complementary angles add up to 90
so if A and B are complementary....and A = 40, then B = 90 - 40 = 50.

supplementary angles add up to 180
so if B and C are supplementary, and B = 50, then C = 180 - 50 = 130

8 0

2 years ago