1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrei [34K]
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?
Mathematics
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
Find the absolute value of the complex number. <br><br>4+3i​
iVinArrow [24]
The answer is 7i because if you add 4+3i together as an absolute value, it equals to 7 plus the i is 7i
7 0
3 years ago
A local eat-in pizza restaurant wants to investigate the possibility of starting to deliver pizzas. The owner of the store has d
Alinara [238K]

Answer:

Read step by step explanation

Step-by-step explanation:

The owner already knows that the limit for the average time delivered pizzas is 38 minutes. So we conclude

1.-The resulting mean from sample data ( x ) ( 27 customers) need to be smaller than 38 minutes, any value of sample above 38 minutes means more time for the delivery action and will indicate a failure for the future project

2.-As sample size is smaller than 30 the test has to be  t-student one tail test to the left

Test hypothesis

Null hypothesis                       H₀                  x  = 38

Alternative hypothesis           Hₐ                  x  <  38

We should test at a significance level α  = 0,05       (α = 5%)

If the result of the test is to accept  H₀  delivery project won´t be implemented, if on the other hand, H₀ is rejected then in the condition of the alternative hypothesis we accept Hₐ the sample indicates that we have a smaller average time than 38 minutes.

4 0
2 years ago
What is the value of m in 3(2m-9+6m)=3m+29-7m<br> i got 1/10 but the choices are -3, 2, 5, and 120
kirill [66]
Hello,

3(2m-9+6m)=3m+29-7m
==>3(8m-9)=-4m+29
==>24m+4m=29+27
==>28m=56
==>m=2

Answer B


5 0
3 years ago
Read 2 more answers
A store marks up sweaters by 23%. Find the retail price of a sweater originally priced at<br>$48.​
34kurt

Answer:

The mark up price of the sweater would be $59.04

8 0
3 years ago
How many times can 15 go into 170
Aleks04 [339]
11 times with a remainder of 5
7 0
2 years ago
Read 2 more answers
Other questions:
  • A) (-3, 0)<br> B) (0, 3)<br> C) (0, -3)<br> Please help
    7·1 answer
  • you want to join the tennis team. You go to the sporting goods store with $100. If the tennis racket you want costs $80 and the
    12·1 answer
  • A national survey of companies included a question that asked whether the company had at least one bilingual telephone operator.
    9·1 answer
  • There are stuffed animals for 3 for 7 dollars someone wants to buy a stuffed animal for each of the 24 children what proportion
    7·1 answer
  • Assume that a cross is made between a heterozygous tall pea plant and a homozygous short pea plant. Fifty offspring are produced
    5·1 answer
  • 10x – 5y + 2x – Зу<br> Simplify this expression
    8·2 answers
  • Mr. Baker is driving 100 miles. His average speed, to the nearest 2 miles per hour, is 56 miles per hour. What is the range of p
    13·1 answer
  • What is the name of this point T.
    9·1 answer
  • Percentage of 67 of 98
    7·1 answer
  • on 5 day of every week ,Jackie run 2 1/2 mile in the morning.How many total mile doe Jackie run every week
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!