Adam borrowed $16,780 at 12.5 percent for 10 years. What is his monthly payment?

A: $240.31
B: $245.83
C: $230.12
D: $229.81

Adam Borrowed $16,780 At 12.5 Percent For 10 Years. What Is His Monthly Payment?A: $240.31B: $245.83C:

Answers

Answer 1

ANSWER:

245.83

Step-by-step explanation:

16,780/100=167.8

167.8 x 1.465= 245.827

Answer 2

Using unitary method, Adam's monthly payment is 245.83 dollar.

What is unitary method?

The unitary method is a technique for solving a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.

Monthly payment with 12.5% interest rate for 10 years per 100 dollar is 1.465 dollar.

Monthly payment with 12.5% interest rate for 10 years per 1 dollar is 0.01465 dollar.

Monthly payment with 12.5% interest rate for 10 years per 16780 dollar is 1.465 * 16780 dollar = 245.83 dollar.

Learn more about unitary method here

https://brainly.com/question/22056199

#SPJ2


Related Questions

What function is represented ?

A quartic function
An exponential function
A cubic function
A quadratic function
A linear function

Answers

Answer:

A cubic function

Step-by-step explanation:

I graphed it and connected the lines on desmos then compared to the types of calculus graphs on the search engine.

Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight-year life. What would be the present value of this loan if it carried a 10 percent interest rate?

Answers

Answer:

$919.98

Step-by-step explanation:

To solve using a financial calculator do

N=8

I/Y=10

PMT=85

FV=1000

CMPT PV get 919.98

To do by hand find the present value of the interst payments

85*(1-(1/1.1)^8)

which is 453.4687

Find the present value of the final ballon payment

1000*(1/1.1)^8

which is 466.507

take the sum

466.507+453.4678= 919.98

The product of two positive integer numbers is 40 and the sum of the same two numbers is 13.

Answers

9514 1404 393

Answer:

  5 and 8

Step-by-step explanation:

Factor pairs that make 40 are ...

  40 = 1×40 = 2×20 = 4×10 = 5×8

The pair that has a sum of 13 is 5 and 8.

Multiply 4/5 by 10 ​, and then multiply that product by 17 .

Answers

Answer:

your answer is 406.

Step-by-step explanation:

4/5 x 10 will equal to 8. 8 times 17 equals 406.

NEED THIS BY FRIDAY ! I HAVE MORE UNANSWERED QUESTIONS ON MY PAGE!!

Answers

Answer:

2, 3, 4 (up to down)

Step-by-step explanation:

Rational: can be terminating, repeating, in a fraction

Irrational: Not terminating (ending), doesn't repeat (o.33333....), and you can't put it in a fraction

Hope this helps!!

p.s. brainliest plz

what is the area of this figure?

Answers

Answer:

4 ssquare units

Step-by-step explanation:

part 1. Use side ratios to determine if the triangles in each pair of similar. If so complete the similarity statement. ​NO LINKS!!!

Answers

9514 1404 393

Answer:

  4) ΔEFG ~ ΔECD

  6) Not Similar

Step-by-step explanation:

4) Shortest to longest sides are ...

  EF : FG : GE = 14 : 16 : 20 = 7 : 8 : 10 (reduced)

  EC : CD : DE = 7 : 8 : 10

The triangles have the same side length ratios, so are similar.

  ΔEFT ~ ΔECD

__

6) Shortest to longest, the given sides have ratios ...

  UT : TV = 71 : 84 (reduced)

  GT : TH = 60 : 72 = 5 : 6 (reduced)

The side ratios are different, so the triangles are NOT SIMILAR.

Answer:

part 1. Use side ratios to determine if the triangles in each pair of similar. If so complete the similarity statement. NO LINKS!!!


The Ballantyne area has 200 people over the age of eighty-five living in it of these people, 56 of them have a dog, 24 of them have a cat, and 16 of them have both of a person
is chosen at random, find the probability that they have a cat, if it is known they have a dog.

a. 1/2
b.3/7
c.2/7
d.2/25

Answers

C. Is correct because I just took the test

In London today, twice the low temperature was less than three times
the low temperature minus ten. In interval form, what are the possible
temperatures?

Answers

I need more information

For its standard checking account northwest bank charges a fee of 2.50 plus 0.10 per check the Function use to determine total monthly charges is C=2.50+0.10n where C = monthly charges and n= to number of charges If a customer writes 24 check during a month How much would he customer Be charged

Answers

So basically what you wanna do

25) Margie needs to borrow $9,000 from a local bank. The
loan has a 8.5% interest rate for 4 years. What will
Margie's monthly payment be?
A) $ 221,850.00
B) $3060.00
C) $250.0
D) $ 221.85

Answers

Answer:

B) $3060.00

Step-by-step explanation:

8.5% of 9,000 equals 765, then 765 multiplied by 4 equals 3060.

I think that it will take Margie 4 years to pay back the bank. And the interest rate that the bank charges is 8.5% per month.

I'm not sure if this is correct

The sides of a square are all increased by 2 inches. The area of the NEW square is 49
inches squared. What is the length of a side of the original square?

A: 4.5 inches
B: 9 inches
C: 5 inches
D: 2 inches

Answers

9514 1404 393

Answer:

  C:  5 inches

Step-by-step explanation:

The length of the sides of the new square is the square root of the area:

  s = √A = √49 = 7

The original square had sides 2 inches shorter, so they were ...

  7 in -2 in = 5 in . . . . side length of original square

A local pizza shop has a membership program for frequent buyers. The membership costs $5 per month and members get a discounted price of $2 per slice of pizza. Aisha purchased a membership to this pizza shop. How much would Aisha have to pay the pizza shop if she bought 8 slices of pizza this month? What would be the monthly cost for
x slices of pizza?

Answers

Answer:

Aisha would pay 21 dollars for 8 slices.

Equation 2x(x=number of slices)+5

Step-by-step explanation:

Factor this trinomial. Your answer should consist of two binomials.
n^2-11n +28​

Answers

Answer:

(n-4)(n-7)

Step-by-step explanation:

hopefully that helps

Degree and Radian Measures

Convert the given radian measure to a degree measure.
1.2 /pi (π)

a. -216°
b. 108°
c. 216°
d. -108°

Please select from the best choices provided

Answers

Answer:

C. 216°

Step-by-step explanation:

I calculated it logically

What is the sum? Complete the equation.
8+(-18) =

Answers

8+(-18) = -10

I’m pretty sure that’s the answer of the equation

Angles of Triangles Scavenger Hunt Answer Key

Answers

I think every one appreciates it , lol but thank you kiddo

How many tenths are in 8.32?

Answers

Answer:

3 tenths

Step-by-step explanation:

whats 7 times 8 divided by 2 i think the answer s 6 am i right or ring please tell me

Answers

Answer:

28

Step-by-step explanation:

First,

7 times 8 = 7 × 8 = 56

Then,

The product divided by 2 = 56 ÷ 2 = 28

Hence,

The required answer is 28

PLEASE HELP
On the graph below, Point A is located at the intersection of angle θ and the unit circle.
What are the exact coordinates of point A?

Use the on-screen keyboard to type the answer in the box below.

https://imgur.com/a/UwbnsCV

Answers

Answer:

  1/2,

Step-by-step explanation: Please find the attached image of unit circle.

We have been given that the measure of angle t is 60 degrees. We are asked to find the x-coordinate of the point where the terminal side intersects the unit circle.

We know that x-coordinate on unit circle represents cosine and y-coordinate represents sine of a given angle.

We can see from our attachment that x-coordinate of the point at angle 60 degrees is , therefore, x-coordinate of the angle of 60 degrees, where the terminal side intersects the unit circle is .  

A theater sold 465 tickets for the morning show and 576 tickets for the evening show. The theater makes $16 for each ticket sold. How much money did the theater make selling tickets for the morning show? ANSWE QUICKKK

Answers

465+576=1,041
1,041x16=16,656

16,656
Hope this helps :D

Hey luvs!

The endpoints of AB are A(1,4) and B(5,-1). What are the coordinates of the point that divides AB in the ratio
2:3?

Answers

Answer:

I don't know I'm sorry.............

Two fair 6-sided dice are rolled one at a time. Find the probability that
the first die lands on a value greater than 4 and the second die lands
on 2.

Answers

Answer:

Step-by-step explanation:

Given the function f(x) = 4^x - 1, explain and show how to find the average rate of change between x = 1 and x = 4.

Answers

Answer:

84

Step-by-step explanation:

f(1)=4^1 - 1 = 3

f(4) = 4^4 - 1 = 255

rate of change = [tex]\frac{f(x_2)-f(x_1)}{x_2-x_1}[/tex]

(255 - 3) / (4 - 1) = 252 / 3 = 84

Two gamblers, call them Gambler A and Gambler B flip a coin repeatedly. The coin is unfair and comes up heads 2/3 of the time. Gambler A wins one dollar from Gambler B, when a head is tossed. Conversely Gambler B wins one dollar from Gambler A when a tail is tossed. The coin tosses are independent. The game ends when one of the gamblers runs out of money. There are 5 dollars in the pot. Determine the probability that Gambler A wins the game if he starts with I dollars. Here I

Answers

Answer:

≈ 0.52

Step-by-step explanation:

P( head ) = 2/3 , P( tail ) = 1/3

when a head is tossed ; Gambler A wins $1

when a tail is tossed : Gambler B wins $1

Determine the P( Gambler A wins the game ) if he starts with I dollars

Assuming I = $1

n = 5

p ( head ) = P( winning ) = 0.66

p( losing ) = 0.33

applying the conditional probability in Markov which is ;

Pₓ = pPₓ₊₁ + (1 - p) Pₓ₋₁

P( 1) = 0.66P₂ + 0.33P₀

resolving the above using with Markov probability

P( 1 ) = 0.51613

hence the probability of Gambler A winning the game if he starts with $1

≈ 0.52

Which of the following ratios is not 2:5

A. 40:100

B. 10:20

C. 16:40

D. 6:15

Answers

Answer:

Step-by-step explanation:

Option B is the correct answer

10 : 20

In its simplest form

1 : 2

What is the volume of a cube that has a side of 4 units?

Answers

Answer: 64units³

Step-by-step explanation:

The volume of a cube will be gotten by multiplying the value of its side thrice. This means that for example if the cube has a side of xcm, the volume will be:

= x × x × x

= x³

In this case, since the cube has a side of 4 units, the volume will be:

Volume of cube = 4³

Volume of cube = 4 × 4 × 4 = 64unit³

Ashley started washing at 10:28 AM and finished at 10:41 AM.
How long did it take her? Give your answer in minutes.

Answers

Answer:

13 minutes

Step-by-step explanation:

The reason why it is 13 minutes is because you subtract 10:41 AM from 10:28 AM and you get 13 minutes.

Answer:

13

Step-by-step explanation:

41-28= 13

the hours don't change so you just need to subtract the minutes

In a survey of 554 U.S. adults, it is found that 360 favor a ban on stem cell research. Set up the null and the alternative hypotheses to test whether there is sufficient evidence that over 61% favor a ban on stem cell research. If alpha is set to 3.0%, should the null hypothesis be rejected

Answers

Answer:

The null hypothesis will be rejected

Step-by-step explanation:

The null hypothesis is that people who favour ban on stem cell research is less than or equal to 0.61

The alternate hypothesis is that people who favour ban on stem cell research is greater than 0.61

Proportion of population = 0.61

Total events = 360

Sample size = 554

Sample proportion = 360/554 = 0.649

As per test statistics –  

Z = (p-p0)/sqrt {(p0 (1-p0))/n} = (0.649 -0.61)/ {(0.61 (1-0.61))/554}

= 0.039/0.021

= 1.857

P (Z<1.857) = 1- P (Z<1.857) = 1-0.9664 = 0.0336

So alpha value is 0.064.  

Thus, we will reject the null hypothesis  

Plsss help. giving extra points if correct.

Answers

Answer:

B. ACB AND ACD

Step-by-step explanation:

since you need to prove, you need to show that the figure can work on any 2 triangles… hope it helps.

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