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
Brrunno [24]
2 years ago
13

Nellie has a bankruptcy on her credit report and therefore pays higher interest rates on her current loans. She took out a car l

oan for $45,000 payable for 6 years at an interest rate of 15%. If she had not applied for bankruptcy, she would have been able to take out the loan at a rate of 6%. Approximately how much more in interest over the life of the loan does Nellie have to pay?
a. $68,510.16
b. $53,696.16
c. $32,206.32
d. $14,814.00
Mathematics
2 answers:
neonofarm [45]2 years ago
8 0

The amount of extra interest that will be paid is $24300

Since Nellie took out a car loan for $45,000 payable for 6 years at an interest rate of 15%, the interest that she will pay will be:

= ($45000 × 6 × 15) / 100

= $40500

On the other hand, if she hasn't applied for bankruptcy, the amount that she will pay will be:

= ($45000 × 6 × 6) / 100

= $16200

Therefore, the difference between the interest will be:

= $40500 - $16200

= $24300

The correct option is $24300. The given options are incorrect.

Read related link on:

brainly.com/question/25052422

harina [27]2 years ago
8 0

Answer:

the awnser is D. $14,814.00

You might be interested in
If n(A-B)=18,n(AuB)=70 and n(AnB)=25 then find n(B)
svp [43]

n(A-B) denotes elements which are in A but not in B

n(Au B) denotes elements in A and B

n(AnB) denotes elements that are common in A and B

Now I will add one more set

n(B-A) which denotes elements in B but not in A

So, n(AuB) = n(A-B) + n( B-A) +n(AnB)

70 = 18 +n(B-A) + 25

70 = 43 + n(B-A)

n(B-A) = 70-43

n(B-A) = 27

So, n(B) = n( B-A) + n( AnB)

= 27+25

= 52

4 0
3 years ago
Sides AB and BC are congruent. If BAC =22 , then ABC = °.
lina2011 [118]
<span>ABC =22° because AB and BC are congruent
</span>
7 0
3 years ago
1. If 6 + 3x = 27, what is 2x ?<br> A. 7<br> B. 11<br> C. 14<br> D. 18<br> E. 22
Artemon [7]

Answer:

I don't know what you mean with a b c d and e, but x=7

Step-by-step explanation:

x=7 because first you subtract 6 from each side, because you wan't to have just x, so you will get 3x=21, and then you just divide both sides by3 to get x=7

8 0
3 years ago
NEED THIS DONE SOON
Sati [7]

65Answer:

we can use sin to find the missing length

Step-by-step explanation:

The ratio states that sin of an angle=opposite/hypotenuse

sin(65)=x/6 since we know the angle and the hypotenuse we need to figure out the opposite side

sin(65)=0.906307...

0.906307=x/6

Multiply 6 on both sides to isolate x

The answer is 5.4378...

Rounded to the hundredth is 5.44

5 0
3 years ago
What is the answer!?!?!?
77julia77 [94]
The price for hardcover books is 1.50 and the price for paperback is .50
8 0
3 years ago
Other questions:
  • A pyramid has a volume of 180 cubic inches, a length of 9 inches, and a width of 5 inches.
    8·1 answer
  • Classify the triangle with angles measuring 60°, 60°, and 60°.
    9·2 answers
  • Given an x intercept of 7 and no y intercept, write the equation.
    8·1 answer
  • Terri has a coupon for 1/3 off the regular price, t, of a tent. What expressions represent the price of the tent using the coupo
    11·1 answer
  • Which of these is a lower price than 6 f for 9$
    5·1 answer
  • circle b is a transformation of circle a. describe the transformation that shows why circle a is similar to circle b
    12·2 answers
  • PLEASE HELP ASAP WILL GIVE BRAINLIEST!!!! ANSWER ALL PLEASE!!! LOOK AT EACH PICTURE, NOT JUST THE FIRST ONE!
    11·2 answers
  • A cell phone company charges $40 plus .05 per text. What is the slope?
    10·1 answer
  • Craig just purchased a new car. He financed $45,000 and must pay it back over 5 years with 11% interest. How much will Craig hav
    15·1 answer
  • Giving brainlyist to the first person to answer correctly and having a complete answer.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!