Given:
loan amount: 25,250
original interest rate: 3.4%
new interest rate: 6.8%
term: 10 years.
Assuming that simple interest formula is used.
I = P * r * t
I = interest
P = principal
r = interest rate
t = term/time
I = 25,250 * 3.4% * 10 years
I = 8,585
I = 25,250 * 6.8% * 10 years
I = 17,170
17,170 - 8,585 = 8,585 Additional interest paid using the new interest rate.
Using an online loan repayment calculator: Here are the following data:
Loan Balance:$25,250.00
Adjusted Loan Balance:$25,250.00Loan
Interest Rate:6.80%
Loan Fees:0.00%
Loan Term:10 years
Minimum Payment:$0.00
Monthly Loan Payment:$290.58
Number of Payments:120
Cumulative Payments:$34,869.23
Total Interest Paid:$9,619.23
<span><span>Loan Balance:$25,250.00
</span><span>Adjusted Loan Balance:$25,250.00
</span><span>Loan Interest Rate:3.40%
</span><span>Loan Fees:0.00%
</span><span>Loan Term:10 years
</span><span>Minimum Payment:$0.00</span>
<span>Monthly Loan Payment:$248.51
</span><span>Number of Payments:120</span>
<span>Cumulative Payments:$29,820.59
</span><span>Total Interest Paid:<span>$4,570.59</span></span></span>
Answer:
y = 5x + 4
Step-by-step explanation:
oooofoooofoooof
The other endpoint is (1, -17).
The midpoint formula is:
![m=(\frac{x_1+x_2}{2}, \frac{y_1+y_2}{2})](https://tex.z-dn.net/?f=m%3D%28%5Cfrac%7Bx_1%2Bx_2%7D%7B2%7D%2C%20%5Cfrac%7By_1%2By_2%7D%7B2%7D%29)
Using our midpoint and endpoint, we have:
![(6, -11) = (\frac{11+x_2}{2}, \frac{-5+y_2}{2}) \\ \\6=\frac{11+x_2}{2} \text{ and } -11=\frac{-5+y_2}{2} ](https://tex.z-dn.net/?f=%286%2C%20-11%29%20%3D%20%28%5Cfrac%7B11%2Bx_2%7D%7B2%7D%2C%20%5Cfrac%7B-5%2By_2%7D%7B2%7D%29%0A%5C%5C%0A%5C%5C6%3D%5Cfrac%7B11%2Bx_2%7D%7B2%7D%20%5Ctext%7B%20and%20%7D%20-11%3D%5Cfrac%7B-5%2By_2%7D%7B2%7D%0A)
For the first equation (to find the x-coordinate) we will multiply both sides by 2:
![6\times2=\frac{11+x_2}{2}\times 2 \\ \\12=11+x_2](https://tex.z-dn.net/?f=6%5Ctimes2%3D%5Cfrac%7B11%2Bx_2%7D%7B2%7D%5Ctimes%202%0A%5C%5C%0A%5C%5C12%3D11%2Bx_2)
Subtract 11 from both sides:
12 - 11 = 11+x₂ - 11
1 = x₂
For the second equation (the y-coordinate) we multiply both sides by 2:
![-11\times2=\frac{-5+y_2}{2}\times 2 \\ \\-22=-5+y_2](https://tex.z-dn.net/?f=-11%5Ctimes2%3D%5Cfrac%7B-5%2By_2%7D%7B2%7D%5Ctimes%202%0A%5C%5C%0A%5C%5C-22%3D-5%2By_2)
Add 5 to both sides:
-22+5 = -5+y₂ + 5
-17 = y₂
This means that (x₂, y₂) is at (1, -17).
Answer:
the best way to to do this would be to use a protractor, if you don't have one you would have to guess on the 15 degrees, but it would be a very small angle
Answer:
1/4
Step-by-step explanation:
12/4= 3
Each paid $3 but as a fraction 3/12=1/4