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Kazeer [188]
3 years ago
5

You borrow $7,000 from the Overton Credit Union to buy a used car. The credit union charges 6% interest, compounded monthly for

5 years. What’s the total amount you will have to pay back for this loan?
A= P(1+r/n) ^nt
A=Total amount after
P=Initial
r=percent rate as a decimal
n=number of times per year
t=time in years
O $7,431.74
O $9,441.95
O $9,367.58
O $9,380.67
Mathematics
1 answer:
Alexeev081 [22]3 years ago
3 0
Answer: 9441.95

P=7000
r=0.06
m=12
t=5
n=12(5)=60
Substitute into formula
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Step-by-step explanation:

I simplified the expression

Sorry, that's how I understood the question

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5 0
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Suppose spin a spinner with eight equal sectors, numbered 1 to 8. What is the probability of spinning a 3 or an 8
insens350 [35]

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3 years ago
What is (-8,10) and (5,-3) written in standard form?
Lady_Fox [76]

Answer:

x+y=2

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m=(y2-y1)/(x2-x1)

m=(-3-10)/(5-(-8))

m=-13/(5+8)

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4 0
3 years ago
Multiple 24 by 8.95 I need to show the work. I don’t know the steps
hjlf

Answer: 214.8

Step-by-step explanation:

First move the decimal to the right, in this case 8.95 = 895., then multiply the 24 by 895. to get 21480., you then move the decimal to the left and you get 214.80 or 214.8.

3 0
1 year ago
Can someone please help me with this problem? An explanation would be great, but it can be short. Thank you!!
ss7ja [257]

We are given two points: (4, -8) and (8, 5)

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First find m (the gradient). There is a formula for this: (change in y)/(change in x) = gradient

(5 - -8) / (8 - 4) = (13) / (4) = 3.25 = m

y = 3.25x + c

Now we need to find c (the y-intercept; the value of y when x=0).

Substitute in any one of the coordinates - let's use (8, 5)

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The equation of the line: y = 3.25x - 21


I think that this answer is correct - sorry if it seems rushed.

Hope this answer helps :)

7 0
3 years ago
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