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

Mr. Jones has $410,000 in a retirement account that earns 3.85% simple interest each year. Find the amount of interest earned by this investment if it is in there for 5 years. *

Answers

Answer:

Amount of interest earned = $78,925

Step-by-step explanation:

Given:

Amount deposit = $410,000

Rate of interest = 3.85% = 0.0385

Number of year = 5 year

Find:

Amount of interest earned

Computation:

Using simple interest formula

Amount of interest earned = Amount deposit x Rate of interest  x Number of year

Amount of interest earned = 410,000 x 0.0385 x 5

Amount of interest earned = $78,925

Plz show work, NEED HELP FAST PLZ

Answers

Answer:

5. 4        6. 6

Step-by-step explanation:

Number 5

[tex]10-2\sqrt{9}[/tex]

[tex]2\sqrt{9}=6[/tex]

[tex]=10-6[/tex]

Subtract the numbers: 10 - 6 = 4

[tex]=4[/tex]

Number 6

[tex]70-\left(\sqrt[3]{64}\right)^3[/tex]

[tex]\left(\sqrt[3]{64}\right)^3=64[/tex]

[tex]=70-64[/tex]

Subtract the numbers: 70 - 64 = 6

[tex]=6[/tex]

7. You roll a standard dice twice and flip a coin. What is the probability you 5 points
roll a 5, roll a 3 and then flip heads? *

Answers

Answer:

can you just mark me brainlest

Step-by-step explanation:

Answer:

the answer would probably

Step-by-step explanation:

PAY ATTENTION IN CLASS AND YOU WOULD KNOWWW

4 x 5 - (2² - 2) =?
(18 ÷ 3) + (3² - 7) =?

Answers

4x5-(2 (2) - 2 ) = 14
(18/ 3) + (3 (2) - 7) 8

A factory produces blue pens and black pens. Each week, 2/3 of the pens produced at the factory are black.

Write and solve an equation that can be used to determine the number of blue pens (x) produced at the factory in a week when 45,000 pens are produced.

Answers

Answer:

15,000

Step-by-step explanation:

1/3 times 45,000 = 15,00

The number of blue pens produced at the factory in a week when 45,000 pens are produced is 15,000.

What is an Equation?

An equation is the statement of two expressions located on two sides connected with an equal to sign. The two sides of an equation is usually called as left hand side and right hand side.

Given that,

A factory produces blue pens and black pens.

2/3 of the pens produced at the factory are black.

If T is the total pens produced at the factory, then the number of black pens produced is 2/3 T.

Number of blue pens = T - 2/3 T = 1/3 T

Given that,

Total pens produced = 45,000

Equation to find the number of blue pens is,

x = 1/3 × 45,000

Solving,

x = 15,000

Hence the number of blue pens produced is 15,000.

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A Store was trying to sell a bed set for $475. After a while, they marked the price tag down 35%. If tax is 5% (of the sale price), how much would the bed cost?

Answers

the bed would cost $324.19 hope this helps!

69 POINTS PLS ACTUALLY ANSWER IT NEED THIS FAST The value of the expression 2/3+3/2-3x4-5/2 divided by 5+(7x4) is what?

Answers

Answer:

your answer is "17.6666666667"

Step-by-step explanation:

there are 12 eggs of the same weight on the scale. the total weght is 620g determine the total weight if the number of eggs is increased to 20​

Answers

Answer:

1033.2 g or 1.033 kg

Step-by-step explanation:

(620/12)(20) = 1033.2 g

Which choices are correct when determining the distance between -240 and -35 on a number line?

Answers

Answer:

A

Step-by-step explanation:

240-35)=205

240-35

205

Answer:

Step-by-step explanation the first one

What is 6% of 7500 + 5% of 7500​

Answers

Answer: It should be 825

Step-by-step explanation:

.06*7500= 450
.05*7500= 375

450+375= 725

Answer is 725

giving brainliest!! *easy*

Answers

Answer:

370 square millimeters

Step-by-step explanation:

2x9x5=90

2x10x5=100

2x10x9=180

90+100+180=370 square millimeters

Answer

450mm^3

Step-by-step explanation:

the picture has the workings

A=l×w×h

A=10mm×9mm×5mm

A=450mm^3

WHATS THE LENGTH ROUND TO THE NEAREST 10th if NEEDED

Answers

Answer: 8.6

Step-by-step explanation:

Using pythagorean theorem, c²=a²+b² you can find the distance between AB.

c²=7²+5²

c²=74

√c²=√74

c=8.6

Can someone help me :(

Answers

Answer:

27/64

Step-by-step explanation:

(3/4)^3 = 27/64

Select all of the following that can be a counterexample for the statement below.
If x is an integer, then x + 2 >7
1- -2
2- 0
3- 3
4- 4
5- 6
6- 8

Answers

Answer:

-2. 0. 3. 4

Step-by-step explanation:

counterexample are the opposite so ur gonna chose the false ones the number has to be less than 7 so -2 0 3 4

Find the axis of symmetry of the parabola y=2x^2+4x-1

Answers

Answer:22

Step-by-step explanation:

Add

Multiply

Divide

What is the equation needed to solve for X?

Answers

2.4 is the right answer my guy

Answer:

[tex]x - 8 + 4x - 7 = 180 \\ \\ 5x - 15 = 180 \\ \\ 5x = 180 + 15 \\ \\ 5x = 195 \\ \\ x = 195 \div 5 \\ \\ x = 39 \\ [/tex]

help help please i did not understand

Answers

Answer:

The tree grows 3,14 centimeters per year

Answer: First you have to look at the years and see how much it increase each year. We start by seeing that in 1 year it is 3.14. In two years it will be 6.28. So, the answer each year the tree gets older it is 3.14 that you have to add. Hope it helps.

Step-by-step explanation:

Please someone help Im confused

Answers

Answer:

Third one

Step-by-step explanation:

;b

The test results for 4 students are: 96, 83, 78, and 83. If one more student's test score of 87 is added, what would increase?
A
median
B
mean
C
mode
D
range

Answers

Answer:

b

Step-by-step explanation:

The hypotenuse of a certain triangle is 5 units long and one leg is 3 units long
Did the area of the triangle

Answers

Answer:

6 units^2

Step-by-step explanation:

[tex]a^{2} +b^{2} =c^{2}[/tex]

[tex]3^{2} +b^{2} =5^{2}[/tex]

[tex]9+b^{2} =25[/tex]

[tex]b^{2}=16[/tex]

[tex]b=4[/tex]

Area of the triangle = Base * Height * 1/2 = 3 * 4 * 1/2 = 6 units^2

use a long method division to calculate 145 413 by 321​

Answers

Answer:

i dont know because you have not really explained it

Step-by-step explanation:

The quotient of the division of 145413 by 321 is 453.

What is Division?

Division is one of the operation in mathematics where number is divideD into equal parts as that of a definite number.

We are using long division method here.

For that dividend is 145413 and divisor is 321.

First take the first some digits of dividend which is greater than 321.

That is the first four digits, 1454.

The multiple of 321 closest to 1454 is 1284 which is equal to 4 × 321

So the first digit of quotient is 4.

1454 - 1284 = 170

Now 170 is less than 321.

Add the next digit of the dividend to 170.

It becomes 1701.

Multiple of 321 closest to 1701 is 1605 which is equal to 5 × 321.

The next digit of the quotient is 5.

1701 - 1605 = 96

Again since 96 less than 321, take the next digit of the dividend and the number becomes 963.

Now 963 is a multiple of 321, where 963 = 3 × 321

So the next digit of the  quotient is 3.

Quotient = 453

Hence the quotient of the given division is 453.

Learn more about Division here :

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(Middle school) I’ll give brainliest

Answers

Answer:

150.72 units^3

Step-by-step explanation:

Formula: πr2h

3.14 x 4^2 x 3 = 150.72 units^3

HELP 25 POINTS +BRAINIEST The weight of a substance measures 3 × 10^-3. grams. Express this weight in standard notation.

Answers

Answer:

Scientific notation is a way of writing very large and very small numbers.

A number in scientific notation has the form  

N

×

10

a

, where  

N

is a number between 1 and 10, and  

a

is a positive or negative integer.

To convert to scientific notation, you move the decimal point until the new form is a number between 1 and 10 (

N

) and then record the exponent (

a

) as the number of places the decimal point was moved.

If you move the decimal to the right, the exponent is negative.

Express  

0.000 000 03 g

in scientific notation.

Step 1. Move the decimal place to the right to create a new number between 1 and 10.

This gives  

N

=

3

.

Step 2. Count the number of times you moved the decimal.

You moved the decimal 8 places to the right.

That means the exponent  

a

=

-8

.

Step 3. Write the number in scientific notation.

0.000 000 03 g

=

3

×

10

-8

l

g

Step-by-step explanation:

If AD is the perpendicular bisector of EB, find each measure.

Answers

Answer:

look at the picture

Step-by-step explanation:

I'm not sure about the value of x but I believe it is -23

Factor the quadratic expression completely.
-7x^2-24x-9

Answers

Answer:

(7x+3)(-x-3)

Step-by-step explanation:

-7x²-24x-9 would be the same thing as (7x+3)(-x-3) because 7x*-x=-7x², +3*-3=-9, and 7x*-3 - 3x = -24x

It takes Andre 4 minutes to swim five laps, if Andre swims 22 laps, at the same rate as she swam 5 laps, how long does it take him?

Answers

Answer:

17.6

Step-by-step explanation:

But im not sure if u can use decimals

According to some sources, the African continent has about 170 million Internet users. According to the bar graph, which statement is true?
Africa has fewer users than the Middle East.
Africa has more users than Asia.
Africa has more users than Europe but fewer than Asia.
Africa has more users than the Middle East but fewer users than North America.

Answers

Answer:

D) Africa has more users than the Middle East but fewer users than North America.

Step-by-step explanation:

Hope it helps :)

Carl went out for breakfast.
• The price of his meal was $12.35.
• The sales tax was 7.5% of the price of the meal.
• The tip was 25% of the price of the meal and the sales tax.

To the nearest cent, how much total money did Carl pay for breakfast including the price of his meal, sales tax, and tip?

Answers

Answer: $16.60

Step-by-step explanation:

Price + Tax = 12.35+0.93

Total + tip = 13.28+3.32

total: 16.60

The total money did Carl pay for breakfast including the price of his meal, sales tax, and tip  $16.60

We have given that,

Carl went out for breakfast.

• The price of his meal was $12.35.

• The sales tax was 7.5% of the price of the meal.

• The tip was 25% of the price of the meal and the sales tax.

We have to determine the nearest cent, how much total money did Carl pay for breakfast including the price of his meal, sales tax, and tip.

What is the formula for the total money?

Total money=price + tax

Price + Tax = 12.35+0.93

Total + tip = 13.28+3.32

Total money =16.60

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Eight beads are strung in a necklace with a clasp, how many ways
can the beads be arranged?

Answers

Answer:

Number of total arrangement of beads = 2,520

Step-by-step explanation:

Given:

Number of beads in necklace = 8 beads

Find:

Number of total arrangement of beads

Computation:

Changing beads is a cyclic permutation,

So,

Formula to find number of total arrangement in cyclic permutation

(n-1)!/2 , where n = number of item

So,

(n-1)!/2

Number of total arrangement of beads = (8-1)!/2

Number of total arrangement of beads = (7)!/2

Number of total arrangement of beads = (7 x 6 x 5 x 4 x 3 x 2 x 1) / 2

Number of total arrangement of beads = 5,040 / 2

Number of total arrangement of beads = 2,520

the distance between two points is 9 and point one is located at (-2, 2), what could be the possible coordinates of point two?
(2, 9)

(7, 2)

(11, 2)

(2, 11) HELP NOW

NO LINKS PPLS I WILL GIVE THE CROWN THING ITS WORTH 50 points

Answers

11,2 is the answer i believe
11,2 is the answer I think
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