Suzie needs to borrow $6,000 from a local bank. What is the monthly payment for a one year, 11.25% loan?

Answers

Answer 1

Given :

Suzie needs to borrow $6,000 from a local bank.

Interest rate, r = 11.25%.

To Find :

The monthly payment of Suzie for one year to pay of the loan.

Solution :

Total amount to return is :

[tex]A = 6000 + \dfrac{6000\times 11.25}{100}\\\\A =\$6675[/tex]

Let, monthly payment is x.

So,

[tex]x =\$ \dfrac{6675}{12}\\\\x = \$556.25[/tex]

Therefore, the monthly payment for loan is $556.25 .


Related Questions

The volume of a spherical ball is 4500rr cubic centimeters. Find the radius of the ball.

Answers

Answer:

its is6700rr centimeters

Step-by-step explanation:

Two square rooms have total floor area of 89cm².One room is 3m longer each way than the other,Find the dimension of the two rooms

Answers

Answer:

5 m

8 m

Step-by-step explanation:

Area of square = s² ; s = side length

Let the area of each room equal to x and y

x + y = 89cm²

If x = smaller room

y = x + 3 in dimension

Hence,

x² + (x + 3)² = 89

(x +3)(x +3) = x² + 3x + 3x + 9

x² + x² + 3x + 3x + 9 = 89

2x² + 6x + 9 = 89

2x² + 6x - 80 = 0

x² + 3x - 40 = 0

x² + 8x - 5x - 40 = 0

x(x + 8) - 5(x + 8) = 0

x + 8 = 0 ;

x - 5 = 0

x = - 8 or x = 5

Dimension can't be negative :

So, x = 5

Samller square = x = 5

Larger square = x + 3 = 5 + 3 = 8

A student scored 120 marks out of 200.
Write her marks scored as a fraction in lowest terms.​

Answers

120/200 simplified to lowest terms is 3/5.

g(x) = x^2+1
h(x) = x+5
find g(x) + h(x)

Answers

Answer:

26

Step-by-step explanation:

Sales tax is calculated as a percentage of the sales price. If sales tax is 7%, what is the sales tax on clothing that costs $150?

A. $15.70
B. $10.50
C. $9.77
D. $7.00​

Answers

Answer:

Step-by-step explanation:

the sales tax will be 150*(7/100)=10.50

choice B

PLEASE HELP ME GET THIS .

Answers

Answer:

2

Step-by-step explanation:

because the 8 feet used on a ladder on level at the ground from the side of a house.

Do you knows the product of a number and four is 1.08. He says the other factor must be 2.7 because there's only one digit before the decimal point in the product 1.08, so, there must be one digit before the decimal in the factor. Is drew correct

Answers

Answer:

Drew is incorrect

Step-by-step explanation:

Drew is incorrect

Let the number be x such that if the product of the number and four is 1.08 then

x * 4 = 1.08

Divide both sides by 4

x = 1.08/4

= 0.27

Drew is incorrect because the result (1.08) has 2 decimal places and not once as deduced by him hence the number of digits before the decimal point for the numbers being multiplied must be 2.

Given the table, how can you use a graph to find additional equivalent ratios? x y 2 3 4 6 Plot the ordered pairs (2, 3) and (4, 6). Start at (4, 6). Move right 3 and up 2, and then plot a point. Keep this same rate to get other points. Draw a line through the two given points. Any point below the line represents an equivalent ratio. Plot the ordered pairs (2, 4) and (3, 6). Start at (3, 6). Move right 2 and up 3, and then plot a point. Keep this same rate to get other points. Draw a line through the two given points. Any point on the line represents an equivalent ratio. PLSSSS I´LL GIVE BRAINLIEST TO WHOEVER ANSWERS FIRST!!!!!!!!!!!!!!!!!!!!! IM TIMED!!!!

Answers

Answer:

i think its A cs its the most reasonable one

Step-by-step explanation:

sorry if its wrong

Need help ASAP ILL LOVE U FOREVER

Answers

i can’t read the picture sorry but it’s really blurry:/

Jazmyn is baking and selling cupcakes for $15 per dozen. She would like to make more than $120 in cupcake sales. Which number line below represents the solution to the situation?

Answers

Answer:

> 8

Kindly find number line in attacked picture

Step-by-step explanation:

Price of cupcake per dozen = $15

Projected amount of sales > $120

In other to make such amount in sale, we need to obtain the number of dozens of cupcake :

Project amount of sales / price per dozen

> $120 / $15

> 8 dozens

The price to mail a letter at the post office is $0.35 for the first ounce and $0.17 for each additional ounce. Amrit paid $2.05 to mail his letter. How much did the letter weigh?

Answers

As we know the first ounce cost $0.35, we can subtract that from $2.05.

Therefore, $2.05 - $0.35 = $1.70

We can then divide the remaining amount of money by $0.17 to find out how many more ounces the letter weighed.

$1.70/$0.17 = 10

Once we add the ounce before that costed $0.35 to the 10 ounces that we just calculated, we know that Amrit’s letter cost 11 ounces.

The jar has a diameter of 6 inches what is the circumference?

Answers

Answer:

18.85 inches

Step-by-step explanation:

Eq: 2πr

D/2=R

6/2=3 inches

2π3

=18.85 inches

OR

πd

=18.85 inches

4/7w = 16 hurry please

Answers

Answer:

4

7

w

=

16

Multiply both sides of the equation by

7

4

.

7

4

4

7

w

=

7

4

16

Simplify  

7

4

4

7

w

.

Step-by-step explanation:

Answer:

28

Step-by-step explanation:

4/7w = 16

Multiply both sides by 7/4 to get the variable isolated

w=28

please help me please will give brainliest to anyone who is right ​

Answers

Answer:

C

Step-by-step explanation:

you have a total of 18 data values which means you have to find the average of the 9th and 10th values; these values would be in the 3000 - 5999 because this interval contains data values 5 through 10

A baseball player got 102 hits in the last 300 times at bat. what percent of the time at bat did the player get a hit

Answers

Answer:

the answer is like 35 percent

Answer:

im pretty sure its 34% jgbfjdjdbdhdjc

Quick I need to finish this in 5 minutes****only fractions

Answers

the answer is 4 units long

Can someone please help me out? ^^

Please at least answer one.....
Answer all and you get Brainliest!

Answers

Answer:

1.) A. 8/9

2.) C. 4/9

3.) B. 7/11

4.) D. 10/3

5.) C. 0.06 (repeating)

Step-by-step explanation:

Use the figure to select another name for ∠9 . Select all that apply.

Answers

Answer:

SRM, MRS

Step-by-step explanation:

Can some one help me on this pls :(

Answers

Answer:

Step-by-step explanation:

1= 2/3

2=5/6

3=21/40

4= 2 11/20

5= 1 1/3

6=5/6

7=1 1/2

8=9/10

9= 5 1/6

10= 2 1/2

If julie makes 18 baskets, how many baskets does Kari make? How many baskets do they make in all?

Answers

Answer:

I don't know what you are asking

Step-by-step explanation:

A rectangle has an area of . Use factoring to find possible dimensions of the rectangle. Explain why you can use factoring to find the answer.

Answers

Answer:

The answer is below

Step-by-step explanation:

A rectangle has an area of x² + 7x + 12. Use factoring to find possible dimensions of the rectangle. Explain why you can use factoring to find the answer.

Solution:

A rectangle is a quadrilateral (ha four sides and four angles) in which opposite sides are parallel and equal to each other. All the four angles in a rectangle are 90° each.

The area of a rectangle is given by:

Area = length * width

Hence the area is the product of two sides.

Given that:

Area = x² + 7x + 12

Factoring to find both the length and width of the rectangle:

Area = x² + 7x + 12

Area = x² + 4x + 3x + 12

Area = x(x + 4) + 3(x + 4)

Area = (x + 4)(x + 3)

After factoring we can see that the area is the product of (x + 4) and (x + 3). Hence x + 4 is the length and x + 3 is the width.

1/4x-4=-10

Solve the equation for the value of the variable show all work please and thanks:)

Answers

The answer would be -24
Because
X=-40+16
So
That’s equals -24

Hope this helps

Have a great day/night
Answer:

x= -24

Explanation:

1) Add 4+ to both sides

2) 1/4x = -6

3) Multiply by 4 on both sides

4) x = -24

planes X and Y are perpendicular. Points A,E,F and G are points only in plane X. Points R and S are points in both planes X and Y. Lines EA and FG are parallel.
Based on this information, which pair of lines, together, could be perpendicular to RS? Select two options.
EA
ER
EF
FG
FS​

Answers

Answer:

FG

Step-by-step explanation:

I did this on my computer

The pair of the line together, could be perpendicular to RS should be considered as the EA and FG.

What is perpendicular?

In terms of elementary geometry, two geometric objects should be considered as the perpendicular when they intersect at a right angle. A line is treated to be perpendicular to another line in the case when the two lines intersect at a right angle.

Therefore, The pair of the line together, could be perpendicular to RS should be considered as the EA and FG.

Learn more about pair here: https://brainly.com/question/4845674

in a class of 32 students the mean height of the 14 boys is 1.56 meters and the mean height of all 32 students is 1.151 meters. work out the mean height of girls

Answers

Answer: Hence, Mean height of the girls is: 1.48

Step-by-step explanation: It is given that:

in a class of 32 students .

the mean height of 14 boys is 1.56 and the mean height of all 32 students is 1.515.

Since there are 14 boys in a class.

So, number of girls is equal to (32-14)=18.

The mean height of 14 boys is 1.56.

Hence the sum of height of 14 boys is= 1.56×14=21.84

Similarly mean height of 32 students is 1.515.

Hence, sum of height of 32 students=1.515×32=48.48.

Let x denote the mean height of 18 girls.

Hence, sum of height of 18 girls is: 18 x.

Now,

18x+21.84=48.48

( since sum of height of girls and boys is equal to the sum of height of all the students)

so, 18x=48.48-21.84

18 x=26.64

Hence, x=1.48

Hence, Mean height of the girls is: 1.48

There are 11 books on a shelf. 4 of these books are new. The rest of them are used.


(a) What is the ratio of new books to used books?
(b) What is the ratio of all books on the shelf to used books?

Answers

Answer:

a. 4/11

b. 11-4= 7 used books. So the ratio of used books to all books is 11/7

The regular price of a jacket is $48.00. What is the sale price of the jacket if it is marked 25% off

Answers

Answer:

$36 for the jacket

WHAT IS THE VALUE OF Z, WILL GIVE BRAINLIEST

Answers

126 because 180- 54. Alternate angles.
The correct answer is 126 please give me brainlest I hope this helps let me know if it’s correct or not okay thanks bye

What is the area of the irregular polygon QUART?

Answers

the area of QUART is 66

Help
Question in picture

Answers

Answer:

B

Step-by-step explanation:

Notice that the y intercept is 125 and that each time week it goes down by 25 meaning the slope is equal to -25

this means our equation is

-25x+125=y which is the same as b

what is the slope and the point based on the equation: (y-2) = 5(x - 4)

Answers

Answer:

Slope = 5

Point = (4, 2)

Step-by-step explanation:

Slope: 5

Step-by-step explanation:

This is called point slope form. y-y1=m(x-x1)

If m is slope then your slope is 5

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