Ask question

Ask question

All categories

2 years ago

5

jamie borrowed $31,000 to put towards a down payment for a home. Jamie plans to repay the loan in 7 years. The bank offered a 4.

1 interest rate compounded quarterly. What is the total amount Jamie will pay the bank?

1 answer:

erastova [34]2 years ago

7 0

Answer:

56,691.00 which would be 21 payments at 4.1 % compounded quarterly.

84 months in 7 years

÷ 4

= 21

21

×4.1 =

26,691 +

31,000 =

56,691

You might be interested in

The difference between number 20 and its opposite is what percentage of 200? (if you do not remember: opposite of 15 is −15; opp

True [87]

20%

This is because 20 and it's opposite -20 is 40. (20 - -20 = 40). Then 40 is 20% of 200.

8 0

3 years ago

Read 2 more answers

Find the average rate of change for f(x) = x2 + 9x + 18 from x = −10 to x = 10. A) 3 B) 7 C) 9 D) 11

Sergeeva-Olga [200]

Answer:

C

Step-by-step explanation:

The average rate of change of f(x) in the closed interval [ a, b ] is

$\frac{f(b)-f(a)}{b-a}$

Here [ a, b ] = [ - 10, 10 ], thus

f(b) = f(10) = 10² + 9(10) + 18 = 100 + 90 + 18 = 208

f(a) = f(- 10) = (- 10)² + 9(- 10) + 18 = 100 - 90 + 18 = 28, thus

average rate of change = $\frac{208-28}{10-(-10)}$ = $\frac{180}{20}$ = 9

3 0

3 years ago

The perimeter of a triangle is 105. the lengths of all three sides are represented by three consecutive odd integers. Find the l

aev [14]

The longest side of the triangle is 37.

8 0

3 years ago

Which is equivalent to √3/√8 when denominator is "rationalized"?

TEA [102]

Step-by-step explanation:

$\dfrac{\sqrt3}{\sqrt8}=\dfrac{\sqrt3\cdot\sqrt2}{\sqrt8\cdot\sqrt2}=\dfrac{\sqrt{3\cdot2}}{\sqrt{8\cdot2}}=\dfrac{\sqrt6}{\sqrt{16}}=\dfrac{\sqrt6}{4}$

<h3>Used:</h3>

$\sqrt{ab}=\sqrt{a}\cdot\sqrt{b}\ \text{for}\ a\geq0\ \wedge\ b\geq0\\\\\sqrt{a}=b\iff b^2=a\ \text{for}\ a\geq0\ \wedge\ b\geq0\\\\\sqrt{16}=4\ \text{because}\ 4^2=16$

4 0

3 years ago

Please help asap!!!!!!

Alex Ar [27]

A that's your answer

3 0

2 years ago