2) Eileen wants to borrow $40,000 to buy a new car. I She is willing to make monthly payments for 5 years. The Metro Bank offers her a loan of $40,000 for five years; the rate of interest is 6% compounded monthly. If Eileen chooses to borrow the money,
a) how much total interest will she pay?
b) how much simple interest will she pay?
c) how much compound interest will she pay?

Answers

Answer 1

Answer:

BLM

Step-by-step explanation:


Related Questions

The Colvilles are buying a new car. The cash price is $35,000.00. They will make a down payment of 20% or $5,000. The balance will be covered by an installment loan. The loan will be repaid in 48 monthly payments of $651. The annual percentage rate for the loan is
%. (Round your answers to two decimal places.)

Answers

9514 1404 393

Answer:

  2.01% for a down payment of $5000

  5.49% for a down payment of 20%

Step-by-step explanation:

There is no formula for the APR of a loan, given its other parameters. The value must be found using iterative or graphical means. The attached shows a graphical solution for each of the two cases for a 4-year loan.

  For 20% down payment, APR ≈ 5.49%

  For $5,000 down payment, APR ≈ 2.01%

Answer:

2.01% for a down payment of $5000

 5.49% for a down payment of 20%

Step-by-step explanation:

What is the value of 3n2 − 4m ÷ 6 when n= 4 and m= 18?


Plz, help me!

Answers

Answer:

36

Step-by-step explanation:

3*4^(2) - (4*18)/(6)

Answer:

-4is the answer of this question

Step-by-step explanation:

=3*42-4*18

=-4

What are the coordinates of point (-2, -4) after a 180 degree rotation?

Answers

Answer:

(2, 4)

Step-by-step explanation:

Anytime you rotate a point 180° about the origin, the x-coordinate and y-coordinate become their opposites.

(x,y) becomes (-x,-y)

9. The ratio of Joe's weight to Colin's is 2:3. Colin's weight is 36kg. If Joe gains
3 kg, what will be the new ratio of Joe's weight to Colin's?

Answers

2:3
?:36

36/3=13
2x13=26

26:36

26+3=29

29:36

In a sale the normal price of a book is reduced by 30% what singles number must be i multiple by to reduce something by 30%


I need help

Answers

Step-by-step explanation:

This means the price of the book will decrease by 100%-30%=70%

70% decrease in x = 100% of x - 70% of x = 1x - 0.7x = (1 - 0.7)x = 0.3x So 0.3x represents a 70% decrease in x.

Notice that this multiplier .3 is the same as (30% of x).

the answer is 0.3.

Five surf shops sell the same pair of flip-flops for the following prices: $17.00, $15.50, $15.00, $18.00, $15.00. Find the mean, median, and mode of the data to determine which measure of center and which measure of variability best describe the data.

The mean is $
. The median is $
. The mode is $
.

The
best describes the data, so the
is the better measure of variability.

Answers

Answer:

Mean: $16.1

Median: $15.00

Mode:$15.00

The mode best describes the data, so the mean is the better measure of variability.

Step-by-step explanation:

How to find the mean:

Add up each value on the data set, then divide it by the number of values on the data set. (Example: $17.00 + $15.50+$15.00+$18.00+$15.00= 80.5/5=16.1)

How to find the median: Order your values from least to greatest, then find the value in the center.

How to find mode: Look for the most frequent value in the data set. What value shows up the most?

Hence, the mean is $ [tex]16.1[/tex] and the median is $ [tex]15.50[/tex] and the mode is $ [tex]15.00[/tex].

Here, the mode best describes the data, so the mean is the better measure of variability.

What is the mean, median, mode?

Mean, median, and mode are the measures of central tendency, used to study the various characteristics of a given set of data. A measure of central tendency describes a set of data by identifying the central position in the data set as a single value.

Here given data is

$[tex]17.00[/tex], $[tex]15.50[/tex], $[tex]15.00[/tex], $[tex]18.00[/tex], $[tex]15.00[/tex]

Here,

Mean is the sum of all values divided by number of observation

i.e,

[tex]\frac{17.00+15.50+15.00+18.00+15.00}{5}=\frac{80.5}{5}\\\\\\=16.1[/tex]

Median is the middle value of the data, firstly we arrange the data in ascending order

[tex]15.00,15.00,15.50,17.00,18.00[/tex]

So, the middle value is [tex]15.50[/tex] $.

Mode is the repetition of the same number in the data

[tex]15.00,15.00,15.50,17.00,18.00[/tex]

Then, [tex]15.00[/tex] is the mode of the given data.

Hence, the mean is $ [tex]16.1[/tex] and the median is $ [tex]15.50[/tex] and the mode is $ [tex]15.00[/tex].

Here, the mode best describes the data, so the mean is the better measure of variability.

To know more about the mean, median and mode

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I NEED HELP PLEASE HURRY

Answers

ITS B!!

BRANLIEST PLEASE and thanks

Answer: the turquoise option (teal?)

x[tex]\leq[/tex]$87.26

Step-by-step explanation:

subtract $50 from $137.26. that's how much you can spend without getting charged. $87.26. you can spend less than or exactly $87.26 without getting charged. for the inequality symbol, it would be [tex]\leq[/tex] (less than or equal to)

i have spanish assignments on that same exact website lol

While traveling to his grandmother's house for Christmas, George fell asleep halfway through the journey. When he awoke, he still had to travel half the distance that he had traveled while sleeping. For what part of the entire journey did he sleep?

Answers

he slept for 1/2 of the trip and then slept have the distance that was left so that would be 1/2 divided by 2 equals 1/4 so 1/2 plus 1/4 equals 3/4 so george has 1/4 of his journey left.

George was asleep for 33.3% of the journey.

When George went to sleep, he was halfway through to his grandmother's house which means that he was left with 1/2 of the journey.

When he woke up, he was still left with half of the distance he had slept. If we made this an expression and assume the percentage of the journey he slept was x, it would be:

1/2 of the journey = 1/2x + x

1/2 = 1.5x

x = 1/2 ÷ 1.5

x = 33.3%

George therefore fell asleep for 33% of the journey.

Find out more at https://brainly.com/question/14523771.

10 POINTS!!!! Which polynomial represents the sum below ?

Answers

The answer is in option B.

Answer:

The right answer to this question is B

Free brainlest! Just answer this....... WHAT IS BETTER PS4 OR Xbox if you get it right you can have it!

Answers

Answer:

Depends

Step-by-step explanation:

PS4 has a better gaming system and better games (Spiderman example)

But Xbox has the better controller. I think Xbox is better I prefer it but it doesn't really matter.

Which of the following are solutions to the following equation?
4x^2-100=0.
Check all that apply.

A. 5
B. -10
C. -5
D. 10

Answers

Answer:x=5 or x=−5

Step-by-step explanation:

4x^2−100=0

Step 1: Add 100 to both sides.

4x^2−100+100=0+100

4x^2=100

Step 2: Divide both sides by 4.

4x^2/4=100/4

x^2=25

Step 3: Take square root.

x=±√25

x=5 or x=−5

Answer:

x=5 or x=−5

When building a house, the number of days required to build is inversely proportional
to with the number of workers. One house was built in 132 days by 4 workers. How
many days would it take to build a similar house with 16 workers?

Answers

Answer: 33

Step-by-step explanation:

at donald's donuts the number of donut holes in a bag can vary. Help donald find the mode. 12,10,10,10,13,12,11,13,10

Answers

Answer:

Mode is 10

Step-by-step explanation:

The mode is 10, because it appears the most.

Hope this helps!

Answer:

10

Step-by-step explanation:

I just did it in i ready

Determine whether the vertex of the function is a maximum or minimum, and find its coordinates.

f(x) = -2x2 + 32x - 126

Answers

Answer:

MAX: (8, 2)

too lazy to write out the solution, sorry.

Answer:

this is what i got -2(x-9)(-7) hope it helps

Step-by-step explanation:

One school bus can hold 46 students. There are 29 students in each of the 5 fifth-grade classes. How many buses will they need in order to transport everyone to the zoo for a field trip?

Answers

29x 5 is 145 students
Divide by 46 answer is 4 buses

Answer:

4

Step-by-step explanation:

29x5=145

= 145 (divided) 46= 3.15...

4 buses

What volume of 1M HCI would be needed
to neutralize 50mL of 1M Ca(OH)2?

Answers

Answer: 100

Step-by-step explanation: BRAINLIEST

hey can someone HELP ME PLZ>>>>>>>>>>>>>>>>>>

Answers

Answer:

the answer is 1638.3

Step-by-step explanation:

rounded it

Answer:1638.300

Step-by-step explanation: the tenth is the first number behind the .

here's the question ​

Answers

Answer:

it is 2

Step-by-step explanation:

pls make me blanliest

the sum of two number is 50,and their difference is 30.find the numbers​

Answers

Answer:

40 and 10

Step-by-step explanation:

if you add them you get 50 and if you subtract them you get 30

Answer:

40 and 10

Step-by-step explanation:

Let the bigger number = x

Let the smaller number = y

x+y=50

x-y=30

(add the equations)

(x+x)+(y-y)=(50+30)

2x=80

x=40

x+y=50

40+y=50

y=10

A jewerler had a fixed amount of gold

Answers

Answer:

ohhhhh and who is the jeweler

Members of the student council are selling T-shirts. The number of T-shirts sold and the amount of money collected each day is shown in this table.
T-shirt Sales
Day
T-Shirts Sold
Amount Collected
Monday
12
$180
Tuesday
15
$225
Wednesday
21
$315
Thursday
17
$255
Friday


$570


Part A: Determine the unit rate for the amount of one T-shirt. Explain how you determined the unit rate.

Answers

9514 1404 393

Answer:

  $15

Step-by-step explanation:

The desired rate is ...

  "unit rate" = cost/T-shirt = $180/(12 T-shirts) = $15/T-shirt

__

The unit rate is based on its definition. Here, the rate of interest is the cost per shirt, so it is found by dividing the cost by the number of shirts.

Maria noticed that a fork in the road created 3 angles. If two angles are as shown, what is the measure of angle x?
А
135°
00
140°
с
145°
D
150°

Answers

answer: C



explanation: can i have brainilestv

The measure of angle x will be 145° so option (C) will be correct.

What is an angle?

An angle is a geometry in plane geometry that is created by 2 rays or lines that have an identical terminus.

Since we lack a measurement for angular rotation, the angle is a valuable tool for measuring angular distance. For instance, a meter or an inch is a unit of measurement for linear motion.

The identical endpoint of the two rays—known as the vertex—is referenced as an angle's sides.

The angle all around the line is 360°.

The angle 165°, 50°, and x consist total of 360°.

165 + 50 + x = 360

x = 145°.

So the angle of x will be 145°.

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Assignments
Calculate the circumference and area of the circle shown below. Record your answers,
with units, on the lines provided Use 3.14 for pi.
Calendar
Files
5 in
C = πά
А = 2

Answers

Answer:

That is true

Step-by-step explanation:

You got it right

whats the oposite if -5 ?

Answers

5 is the opposite of -5.

you roll a six sided number cube and flip a coin what is the probability of rolling a number greater than 3 and flipping tails write your answer as a fraction in simplest form . will give brainliest to whoever gets an answer first

Answers

Answer:

i dont know

Step-by-step explanation:

Answer:

1/4

Step-by-step explanation: 3/6 times 1/2 = 1/4 :)

A ball is dropped from the top of a building that is 250 feet tall. The
height h of the ball in feet after t seconds is modeled by the function h =
- 16t2 + 250. How long will it take for the ball to reach a height of 75
feet? Round to the nearest tenth.

Answers

hi

-16t²+250 = 75

-16t² = 75 -250

-16t² = -175

  t² = -175 /-16

 t² = 175/16

Here there si two solutions :  t = [tex]\sqrt{175/16}[/tex]   and  t =  - [tex]\sqrt{175/16}[/tex]

However, as time cannot rewind,  we will  keep only positive solution

So t = [tex]\sqrt{175/16}[/tex]

   

in seconds  it will be  :  3.3 seconds

Level 5:
C. Two motorcycles start at the same point. One travels 15 km due north and stops while the other travels 32 km due west
and stops. Which value is closest to the distance between the motorcycles when they are both stopped?
A. 28.3 km
B. 47.0 km
C. 35.3 km
D. 21.9 km

Answers

9514 1404 393

Answer:

  C.  35.3 km

Step-by-step explanation:

From your knowledge of right triangles, you know that the hypotenuse is longer than the longest leg and shorter than the sum of the legs.

For this geometry, the distance of interest is longer than 32 km and shorter than 15+32 = 47 km. The only answer choice in the correct range is ...

  35.3 km

by pairing the ratios​

Answers

yes i understand perfectly

Solve by elimination 4x - 4y = 8 -9x + 8y = -16

Answers

I am sorry I just need to help you get your help help me please help me thank Use math Photomath

there is a 60% chance that your flight will leave on time
What are chances it will not leave on time

Answers

A 40% chance





Unless!
*wispers*
It’s a trick question?

Answer:

The correct answer would be 40

Step-by-step explanation:

40+60=100

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