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3 years ago

10

Which has a higher cost of credit, a $12,000.00 loan for 3 years at 28.8% interest or a $24,000.00 loan for 3 years at 14.4% int

erest?
The cost of credit is the amount that a person pays over and above the amount borrowed.

P is the principal, r is the interest rate,
m is the number of monthly payments,
M is the monthly payment
A.
There is not enough information to calculate the cost of credit.
B.
A $24,000.00 loan for 3 years at 14.4% interest has a higher cost of credit.
C.
A $12,000.00 loan for 3 years at 28.8% interest has a higher cost of credit.

1 answer:

Tpy6a [65]3 years ago

7 0

Answer:

B

Step-by-step explanation:

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HELP ASAP WILL MARK BRAINLIEST AREA OF FIGURES

Lerok [7]

Answer:

1. 170.083 in³

2. 126π in³

3. 92.106 m³

4. 2412.74 in³

5. 612π m³ and 1922 m³

Step-by-step explanation:

1.

Cylinder:

$V = \pi r^{2}h$ *Plug in numbers*

$(3.14)(2.5)^{2}(7)$ *Square 2.5*

$(3.14)(6.25)(7)$ *Solve*

≈ $137.375in^{3}$

Sphere:

$V = \frac{4}{3}\pi r^{3}$ *Plug in numbers*

$\frac{4}{3} (3.14)(2.5)^{3}$ *Cube 2.5*

$\frac{\frac{4}{3}(3.14)(15.625)}{2}$ *Divide by 2 and Solve*

≈ $32.7083 in^{3}$

Add both volumes

$137.375 + 32.7083$ ≈ $170.083in^{3}$

2.

Cylinder:

$V = \pi r^{2}h$ *Plug in numbers*

$\pi (3)^{2}(10)$ *Square 3*

$\pi (9)(10)$ *Multiply*

$90\pi$

Sphere:

$V = \frac{4}{3}$ π $r^{3}$ *Plug in numbers*

$\frac{4}{3}\pi (3)^{3}$ *Cube 3*

$\frac{4}{3} \pi (27)$ *Multiply*

$36\pi$

Add both Volumes to get total

$90\pi + 36\pi = 126in^{3}$

3.

Sphere:

$V = \frac{4}{3}\pi r^{3}$ *Plug in numbers*

$\frac{4}{3} (3.14)(3)^{3}$ *Cube 3*

$\frac{4}{3} (3.14)(27)$ *Multiply*

$113.04m^{3}$

Cone:

$V = \frac{\pi r^{2}h}{3}$ *Plug in numbers*

$\frac{(3.14)(2)^{2}(5)}{3}$ *Square 2*

$\frac{(3.14)(4)(5)}{3}$ *Solve*

$20.93m^{3}$

Subtract the volumes to get the volume of the blue area

$113.04 - 20.93 = 92.106m^{3}$

4.

Sphere:

$V = \frac{4}{3} \pi r^{3}$ *Plug in numbers*

$\frac{4}{3}\pi (8)^{3}$ *Cube 8*

$\\\frac{4}{3}\pi (512)$ *Multiply*

$\\\\\pi (682.6)$ *Solve*

$2133.66in^{3}$ *Divide by 2 since it's a hemisphere*

Cone:

$V = \frac{\pi r^{2}h}{3}$ *Plug in numbers*

$\frac{\pi (8)^{2}(20)}{3}$ *Square 8*

$\frac{\pi (64)(20)}{3}$ *Multiply and Divide*

$1340.41 in^{3}$

Add both volumes

$1072.33 + 1340.41 = 2412.74in^{3}$

5.

Cylinder:

$V = \pi r^{2}h$ *Plug in numbers*

$\pi (6)^{2}(16)$ *Square 6*

$\pi (36)(16)$ *Multiply*

$576\pi$

Cone:

$V = \frac{\pi r^{2}h}{3}$ *Plug in numbers*

$\frac{\pi (6)^{2}3}{3}$ *Square 6*

$36\pi$

Add both volumes

$576\pi + 36\pi = 612\pi m^{3}$

Alternative: *Multiply π*

$1922m^{3}$

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