Consider a student loan of 15,000 at a fixed APR of 9% for 25 years. A) Calculate the monthly payment B) Determine the tiaras amount paid over the term of the loan C) Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest.

Answers

Answer 1

Answer:

The monthly payment will be $ 162.50. In turn, the interest paid will be $ 33,750, constituting 69.23% of the total amount paid.

Step-by-step explanation:

Since there is a student loan of 15,000 at a fixed APR of 9% for 25 years, to calculate the monthly payment, determine the tiaras amount paid over the term of the loan, and determine, of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest, the following calculations must be performed:

((15,000 x 0.09) x 25) + 15,000 = X

33,750 + 15,000 = X

48,750 = X

48,750 / (25x12) = X

48,750 / 300 = X

162.5 = X

48,750 = 100

33,750 = X

33,750 x 100 / 48,750 = X

69.23 = X

Therefore, the monthly payment will be $ 162.50. In turn, the interest paid will be $ 33,750, constituting 69.23% of the total amount paid.


Related Questions

Prove the following statement by contradiction.
If a and b are rational numbers, b ≠ 0, and r is an irrational number, then a + br is irrational.
Proof by contradiction: Select an appropriate statement to start the proof.
A. Suppose not. That is, suppose there exist irrational numbers a and b such that b ≠ 0, r is a rational number, and a + br is rational.
B. Suppose not. That is, suppose there exist rational numbers a and b such that b ≠ 0, r is an irrational number, and a + br is irrational.
C. Suppose not. That is, suppose there exist rational numbers a and b such that b ≠ 0, r is an irrational number, and a + br is rational.
D. Suppose not. That is, suppose there exist irrational numbers a and b such that b ≠ 0, r is an irrational number, and a + br is rational.
E. Suppose not. That is, suppose there exist rational numbers a and b such that b ≠ 0, r is a rational number, and a + br is irrational.
Then by definition of rational,
a = c/d, b = i/j , and a + br = m/n
where c, d, i, j, m, and n are___and____. Since b ≠ 0, we also have that i ≠ 0. By substitution,
c/d + i/j r = m/n
Solving this equation for r and representing the result as a single quotient in terms of c, d, i, j, m, and n gives that
r = c - a/b

Answers

Answer:

spongebob at the bottom of the sea

Step-by-step explanation:

In a plain, robust, conversational style, the author known as “Elena Ferrante” has captivated readers worldwide with her chronicle of a complicated friendship between two women.

The step would be, "Suppose not. That is, suppose there exist irrational numbers a and b such that b ≠ 0, r is a rational number, and a + br is rational." Option A is correct.

Given that,
a and b are rational numbers, b ≠ 0, and r is an irrational number, then a + br is irrational. the first step of the proof with contradiction is to be determined.

What is simplification?

The process in mathematics to operate and interpret the function to make the function or expression simple or more understandable is called simplifying and the process is called simplification.

here,
For the statement,

a and b are rational numbers, b ≠ 0, and r is an irrational number, then a + br is irrational.

Contradiction will be "suppose there exist irrational numbers a and b such that b ≠ 0, r is a rational number, and a + br is rational."

Thus, the step would suppose not. That is, suppose there exist irrational numbers a and b such that b ≠ 0, r is a rational number, and a + br is rational.

Learn more about simplification here:

https://brainly.com/question/12501526

#SPJ2


Which of these four sets of side lengths will form a right triangle? set 1 set 2 set 3 set 4

Answers

Answer:

hey um I cant see the picture

Pls help I really need help beg you you

Answers

The correct answer is (0, 5)

Answer:0,5

Step-by-step explanation:

When wiring a house, an electrician knows that the time she will take is given by the formula Time= 2 hours + 12 minutes per lightswitch. She charges her customers a call out fee of £35, plus £20 per hour. How much should a customer be charged for wiring a house with 10 lightswitches?​

Answers

Answer:

Step-by-step explanation:

Time = 2 hrs + 12 min (10) = 4 hrs.

Cost = 35 + 20*4

Cost = 35+80

Cost = 115

9514 1404 393

Answer:

  £155

Step-by-step explanation:

We can write the function describing the charges as a composition.

  t(s) = 2 + 12/60s = 2 +s/5 . . . . . hours for s switches

  c(h) = 35 +30h . . . . . . . . . . . . . charge for h hours

Then the charge for s switches is ...

  f(s) = c(t(s)) = 35 +30(2 +s/5) = 35 +60 +6s

  f(s) = 95 +6s . . . . . . . charge for installing s switches

The charge for 10 switches is then ...

  f(10) = 95 +6·10 = 95 +60

  f(10) = 155 . . . . pounds

The electrician should charge her customer £155 for wiring a house with 10 switches.

Write an equation of the line that has a slope of -3 and y-intercept 7 in slope-intercept form.

Answers

Answer:

Step-by-step explanation:

No. 1 “The printing of more

currency notes will increase inflation.”

For the matrices below. Find all (real) eigenvalues.

A= [7 9]
[0 9]

Answers

Answer:

The answer is "9 and 7".

Step-by-step explanation:

Given:

[tex]A=\left[\begin{array}{cc}7&9\\0&9\end{array}\right][/tex]

Using formula:

[tex]|A-\lambda \cdot I|= 0\\\\[/tex]

[tex]\to |\left[\begin{array}{cc}7&9\\0&9\end{array}\right]-\lambda \left[\begin{array}{cc}1&0\\0&1\end{array}\right] |=0\\\\\\ \to |\left[\begin{array}{cc}7&9\\0&9\end{array}\right]- \left[\begin{array}{cc}\lambda&0\\0&\lambda\end{array}\right] |=0\\\\\\\to|\left[\begin{array}{cc}7-\lambda &9\\0&9-\lambda\end{array}\right]|=0\\\\\\\to|(7-\lambda)(9-\lambda)|=0\\\\\to (7-\lambda)(9-\lambda)=0\\\\\to 7-\lambda=0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 9-\lambda=0\\\\[/tex]

[tex]\to \lambda=7 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \lambda=9\\\\[/tex]

A gas pump measures volume of gas to the nearest 0.01 gallon. Which measurement shows an appropriate level of precision for the pump?

Answers

Answer:

12.3 Gallons

Step-by-step explanation:

Options of the question:-

Option A. 12.33 gallons

Option B. 10 gallons

Option C. 12 gallons

Option D. 12.3 gallons

Option D is the answer :-

As the least count or zero error is 0.1 so it can measure only upto one decimal place so answer will be 12.3

1. If f(x)=4*, then which of the following is the value of f(-2)?

Answers

Answer:

what is the following

Step-by-step explanation:

NEED ASAP

What is the product?
а-3
11
5
15а а-3
о
о
Cul —
за
о за
O3

Answers

Answer:

1/3a

Step-by-step explanation:

[tex] \frac{(a - 3)}{15a} \times \frac{5}{(a - 3)} = \frac{5}{15a} = \frac{1}{3a} [/tex]

Rewrite the following subtraction problem as an addition problem.

Answers

Answer:

x+129=592

Step-by-step explanation:

add 129 to each side

Need Help Quick !!!!!!!!

Answers

Given:

The graph of a function.

As [tex]x\to -5^-, f(x)\to \_\_\_[/tex].

As [tex]x\to -5^+, f(x)\to \_\_\_[/tex]

To find:

The correct values for the given blanks.

Solution:

From the given graph it is clear that the function approaches to infinity as x approaches to -5 from the left side. So,

As [tex]x\to -5^-, f(x)\to \infty[/tex].

From the given graph it is clear that the function approaches to negative infinity as x approaches to -5 from the right side. So,

As [tex]x\to -5^+, f(x)\to -\infty[/tex].

Therefore, the correct option (d).

If you drive at a constant speed of 60 miles/hour find the time it would take to travel each of the distances in the following chart. Here are the formulas:

d = s ⋅t

or

t = ds

a. Find the time for each distance. Show your work for at least one trial.

Distance in Miles Time in Hours
10
20
30
40
50
60
b. Graph the points and label the axis



c. What does this graph mean?

Answers

Answer:

b bc it is i got it right

Step-by-step explanation:

PLEASE HELP!!!
-Graphing Linear Inequalities
What is the difference between solid and dashed lines?

Answers

Inequalities that use < or > symbols are plotted with a dashed line to show that the line is not included in the region. Inequalities that use ≤ or ≥ symbols are plotted with a solid line to show that the line is included in the region. For example, this graph shows the inequality .

What is the sum of additive inverse and multiplicative inverse of 2?​

answer fast

Answers

Answer:

-3/2

Step-by-step explanation:

Additive inverse of 2 = -2

Multiplicative inverse of 2 = ½

→ Sum = -2 + ½

→ Sum = (-4 + 1)/2

Sum = -3/2


What is the slope of the line?
I will mark the brainliest!

Answers

Answer:

1

Step-by-step explanation:

Slope = change in y over change in x

If you look at the graph as y goes up 1 x goes up 1

So slope = 1/1 or just 1

Answer:

m=1

Step-by-step explanation:

Hi there!

We're given the graph of a line and we need to find the slope of the line

There are many ways to do this, but the easiest is to calculate it from two points

The formula for the slope (m) calculated from 2 points is [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex], where ([tex]x_{1}[/tex],[tex]y_{1}[/tex]) and ([tex]x_{2}[/tex],[tex]y_{2}[/tex]) are points

So we can take 2 points from the graph of the line to find the slope

For example, let's take (-1,0) and (0,1)

Let's label their values to avoid any confusion before we substitute their values into the formula

[tex]x_{1}[/tex]=-1

[tex]y_{1}[/tex]=0

[tex]x_{2}[/tex]=0

[tex]y_{2}[/tex]=1

now substitute into the formula *remember: we have SUBTRACTION in the slope formula

m=[tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex]

substitute

m=[tex]\frac{1-0}{0--1}[/tex]

simplify

m[tex]\frac{1}{0+1}[/tex]

simplify again

m=[tex]\frac{1}{1}[/tex]

divide

m=1

Therefore the slope of the line is 1

Hope this helps! :)

I NEEED HELPPPPP PLEASEEEE UM BEGGING SOMEONE PLEASEEEEEEEEEEEE​

Answers

Answer:

p = 28.56

Step-by-step explanation:

Circumference of circle

c = 2πr

Since this is a semicircle the perimeter is half the circumference

p = πr

p = 3.14 * 4

p = 12.56

---------------------------

Triangle

the outer perineter is just the two outer sides

p = 6 + 10

p = 16

-------------------------

total outer perimeter

p = 12.56 + 16

p = 28.56

Any help 13 points

If the price of tacos is $1.75, how many will consumers buy?

Answers

Answer:

B-100 If the price of tacos is $1.75, th consumers will buy 100 tacos

If AABC= A DEF, which congruences are true by CPCTC? Check all that
apply.
APEC correct answer is:
AB =DE
AC= DF
See photo.

Answers

Answer:

Options A, B and D

Step-by-step explanation:

If the two triangles are congruent, their corresponding parts will be congruent.

If ΔABC ≅ ΔDEF

By the property of CPCTC,

AB ≅ DE

AC ≅ DF

BC ≅ EF

∠A ≅ ∠D

∠C ≅ ∠F

∠B ≅ ∠E

Therefore, Options A, B and D are the correct options.

Bonjour, connaissez vous une app ou on peut manipuler des elastiques j'en ai besoin. Merci!

Answers

Answer:

Wow sup Comment allez-vous, je suis là pour vous aider à essayer cette application, je ne suis pas vraiment sûr de ce que vous entendez par " Rubber Band App " Mais je pense que cela pourrait aider à l'essayer Exercices de bande de résistance

Parallelogram ABCD had coordinates A(0,7) and C(2, 1) Which statement will prove ABCD is a Rectangle?

The midpoint of AC is (1, 4).
The length of BD is √40.
The slope of BD is 1/3
The slope of AB is 1/3.

Answers

Answer:

Option (2)

Step-by-step explanation:

ABCD is a parallelogram having vertices A(0,7) and C(2, 1).

Therefore, length of diagonal AC = [tex]\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

                                                       = [tex]\sqrt{(0-2)^2+(7-1)^2}[/tex]

                                                       = [tex]\sqrt{40}[/tex]

Since, diagonals of a rectangle measure the same and bisect each other,

Length of other diagonal BD will also measure [tex]\sqrt{40}[/tex].

Therefore, Option (2) will be the correct option.

Find the equation (in terms of x ) of the line through the points (-2,5) and (3,4)
y=

Answers

Answer:

y = (-1/5)x + 23/5

Step-by-step explanation:

Given:

Two points;

(-2,5) and (3,4)

Find:

Equation of slope

Computation:

y = mx + b

5 = m(-2) + b

5 = -2m + b .......... Eq1

4 = m(3) + b

4 = 3m + b .......... Eq2

Eq2 - Eq1

-1 = 5m

m = -1/5

5 = -2m + b

5 = -2(-1/5) + b

5 = 2/5 + b

b = 23/5

y = mx + b

y = (-1/5)x + 23/5

the picture
says it
all

Answers

Answer:

B. L BAT = L CAT

Step-by-step explanation:

__________

Khusbu needs 650 gm flour and 30 gm sugar to bake a cake. How much
flour and sugar does he need to bake same size of 6 cakes?​

Answers

Answer:

4080 gm

Step-by-step explanation:

To bake one cake, it will take us 650 gm flour and 30 gm sugar. When we add both of them together, it gives 680 gm (650+30). But this is only for one cake. To find the total amount of flour and sugar needed to bake 6 cakes, we will have to multiply 680 by 6. That will give you 4080 gm which is your final answer.

Use the following figure to answer the questions
<5 and <7 are what angles

Answers

Answer:

<5 and <7 are corresponding angles.

Step-by-step explanation:

<5 and <7 are corresponding angles.  They are on the same side of the transversal and on the same position on each of the parallel lines

Someone help me on this percent question

Answers

Answer: 6%

Hope it helps :)

Step-by-step explanation:

Price of mixer = 45.00$

Price of mixer with tax = 47.70

Tax added to the price of mixer = 45 - 47.70

                                                      = 2.70$

Percentage of Tax added to the price of mixer

 =  2.70 = P multiplied by 45

  (divide 2.70 by 45 and 45 by 45 as well)                                  

 = 0.06 = P

  (we have to now convert the decimal to a percentage)

= 0.06 multiplied by 100 = P

   6% = P

plz answer this very important​

Answers

Answer:

16

Step-by-step explanation:

From the question given above, the following data were obtained:

1 = 1

2 = 4

3 = 9

4 =?

Observing the data, we can see that the numbers on the right side are simple the squares of the numbers on the left side. This is illustrated below:

1 = 1² = 1

2 = 2² = 4

3 = 3² = 9

Thus, we shall use the same logic to obtain that of 4. This is illustrated below:

4 = 4² = 16

Thus the answer to the question is 16.

What is the expected price of a calculator in the year 2000 if it costs $13 in 2015

Answers

Answer:

$10.90

Step-by-step explanation:

I don't know why but it wants me to talk when I dont need to

Caroline is going to invest in an account paying an interest rate of 5.2% compounded continuously. How much would Caroline need to invest, to the nearest dollar, for the value of the account to reach $940 in 6 years?

Answers

Answer:

688

Step-by-step explanation:

For delta math

The main hall of Grand Central Station in New York City is approximately 210,000 square feet.
(a) Estimate how many people could stand with enough room to turn around in the main hall of the station if there were an emergency which required that the station be used to shelter people.
(b) Explain how you came up with your estimate.
(c) If there are 4 million people in Manhattan, NY, on a typical workday, estimate the percentage of them that could be sheltered in the station.
(d) Explain how you came up with your estimate.

Answers

Answer:

a)

52,500 persons

b)

Assuming that a single person occupies 4 square feet of space.

Use the following formula to calculate the Numbers o person occupies the Grand Central Station in New York City

Numbers of person occupies the Grand Central Station in New York City = Total Space of Grand Central Station in New York City / Space occupied by each person

Where

Total Space of Grand Central Station in New York City = 210,000 square feet

Space occupied by each person = 4 squaure feet

Placing values in the formula

Numbers of person occupies the Grand Central Station in New York City = 210,000 square feet / 4 square feet per person

Numbers of person occupies the Grand Central Station in New York City = 52,500 persons

c)

1.3125%

d)

Use the following formula to calculate the percentage of people that could be sheltered in the station

Percentage of people shelter in the station = ( Numbers of person occupies the Grand Central Station in New York City / Total population in Manhattan ) x 100

Where

Numbers of person occupies the Grand Central Station in New York City = 52,500 persons

Total population in Manhattan = 4,000,000 persons

Placing values in the formula

Percentage of people shelter in the station = ( 52,500 / 4,000,000 ) x 100 = 0.013125 = 1.3125%

The number of persons will be "105,000 persons" and the percentage of 4 million that could be sheltered in the station will be "2.625%".

Given:

Total area,

A = 210,000 square feet

Total persons,

[tex]N_t[/tex] = 4 million

(a)

→ [tex]Number \ of \ persons (N) = \frac{A}{Area \ covered \ by \ one \ person}[/tex]

By substituting the values, we get

                                         [tex]= \frac{210000}{2}[/tex]

                                         [tex]= 105000 \ per \ share[/tex]

(b)

This approximation comes from dividing a large or overall area by something like a portion of one individual.

(c)

→ [tex]Percentage \ share = \frac{N}{N_t}\times 100[/tex]

By substituting the values, we get

                                [tex]= \frac{10500000}{4\times 10^6}[/tex]

                                [tex]= 2.625[/tex] (%)

(d)

Using the method above that, the proportion of people throughout the living room will be calculated.

Thus the above response in appropriate.

Learn more:

https://brainly.com/question/7644688

Express in simplest radical form.
V9

Answers

Answer:

3

Step-by-step explanation:

[tex]\sqrt{9}=\sqrt{3*3} = 3[/tex]

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