what value do you give rif the
In the monthly payment formula M =
Pr(1 + r)"
(1 + r)" - 1
interest rate is 8.9%?
A. 0.74
B. 0.74
C. 0.0074
D. 0.0089

Answers

Answer 1

Answer:

c

Step-by-step explanation:

<3

Answer 2

The monthly rate of interest is 0.0074. Therefore, option C is the correct answer.

What is the rate of interest?

An interest rate tells you how high the cost of borrowing is, or high the rewards are for saving. So, if you're a borrower, the interest rate is the amount you are charged for borrowing money, shown as a percentage of the total amount of the loan.

The given rate of interest is 8.9%.

The monthly payment formula is M = Pr(1+ r)ⁿ/(1+ r)ⁿ - 1

Here, rate of interest

= 8.9%/12

= 0.089/12

= 0.0074

Therefore, option C is the correct answer.

To learn more about the rate of interest visit:

brainly.com/question/28236069.

#SPJ7


Related Questions

The perimeter of a square is 36 feet. If you increase the length by 3 feet and decrease the width
by 2 feet, what is the area of the new figure?

Answers

Answer:

84 feet

Step-by-step explanation:

If the perimeter is 36 feet, and all the sides are the same length, then all the sides are 9. if we increase the length by 3 feet and decrease the width  by 2 feet then we are left with 12 * 7 = 84

do it and I give 100 points​

Answers

That’s the final answer, I could try to send the steps

a^2 is correct

my past answer was incorrect but this 100 percent is correct

Use the shapes to answer the questions that follow:

Answers

Answer:

50%

Step-by-step explanation:

Theres 10 shapes and 5 of them are yellow. So that is 5/10 which equals 50%

hope this helps <3

Answer:

50%

Step-by-step explanation:

5/10 are yellow so 5% I think

PLEASE HELP ILL GIVE BRAINLIEST

Answers

Answer:

1 and 2 is The first one and 3 and 5 is the second one

Need help on the picture i attached

Answers

Answer:

1.) Standard form -            

2.) Center (1,-3)

3.) Radius r=4

4.) Diameter d=8

5.) Circumference 25.12

6.) Area 50.24

7.) Graph              

Step-by-step explanation:

Find the percent of change and state whether it was a percent of increase (I) or percent of decrease (D). from $289 to $762

Answers

Answer:

163.67 ( I )

Step-by-step explanation:

Candice and Joe went to Sawcon, the concert tickets for the concert Sawcon was 50 dollars each person. Plus tax they add 2.5 dollars. Since they have a discount they minus 10.5. How much are the tickets now?

Answers

Answer:

they would be $42.00

Step-by-step explanation:

50 + 2.50= 52.50

52.50-10.50=42.00

Does anyone know the answer

Answers

Answer:

d = 126, z = 28

Step-by-step explanation:

The angle with the variable is diagonal from the 105 degree angle. In this case, that means that they are equivalent. So, 105+21 = 126. d = 126 :)

5th grade math. correct answer will be marked brainliest

Answers

Answer:

5280

Step-by-step explanation:

Hope this helps!

whats 2+2 UnU thats a hard one ToT

Answers

Answer:

4

MARK ME BRAINLIEST CUZ IM DA SMARTEST :))

the answer to that is 4

If the scale of the map is 1 inch = 125 miles, two points that are 3.75 inches apart will actually be approximately how many miles away from each other? 292 375 469 1,125

Answers

Answer:

469 miles

Step-by-step explanation:

1 in = 125 miles

3.75 in =?

3.75 x 125 = 468.75 miles

468.75 rounds up to 469 miles

Plsss help I am falling

Answers

Answer:

that sucks

Step-by-step explanation:

srry man i got nothin

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

Drag each number to the box on the right so it matches the value of the expression on the left. Each number may be used once, more than once, or not at all.

33.6252768.48
Expression Value of the Expression
[
4
×
(
4
+
3
)
]

3

[
(
7

5
)
÷
1
2
]
×
2

(
5
.
4
+
3
)
×
(
6

2
)

[
9
÷
3
+
6
]
×
3

(
4
+
3
.
2
)
×
[
(
9

2
)
+
2
.
5
]

Answers

Answer:

[4*(4+3)]-3 = 25

[(7-5)-: 1/2]*2 = 8

((5.4+3)*(6-2)) = 33.6

(9)/(3)+6)*3 = 27

(4+3.2)*[(9-2)+2.5] = 68.4

Step-by-step explanation:

Find the area of the shaded figure in the diagram below. Use 3.14 for π and round your answer to the nearest hundredth.

A. 39.57in^2
B. 66.89 in^2
C. 200.67 in^2
D. 118.72 in^2

Answers

Answer:

D

Step-by-step explanation:

diameter of 1 circle = 21.3/3= 7.1

radius of 1 circle= 7.1/3=3.55

area of 1 circle =πr^2=3.14× (3.55)^2=39.57

area of 3 circle= 39.57×3=118.72

therefore,area of shaded portion= area of 3 circle =118.72

A music store sells both electric and
acoustic guitars. One month, the store
sold 12 electric guitars. If that was 60%
of their sales for the month, how many
guitars did they sell that month in all?

Answers

Answer:

sorry :/ im not sureee but they would have sold 20  

Step-by-step explanation:

They sold 20 guitars that month.

Step-by-step explanation:

[tex] \frac{12 \times 100}{60} = total[/tex]

[tex] \frac{1200}{60} = 20[/tex]

Not sure if these are right plz help will give brainliest

Answers

Answer:

they all seem right to me g!

Step-by-step explanation:

5.
Multiply.
(3x + 2)(x - 3)

Answers

Answer: 3x^2 - 7x - 6

Step-by-step explanation:

Answer:

3x^2-7x-6

Step-by-step explanation:

(3x+2)(x-3)

3x^2-9x+2x-6

3x^2-7x-6

Hope this helps.

find the rule for the following geometric sequence: 4, -12, 36, -108, ....what is n7

Answers

Answer:

the rule is *-3,n7=-2916

Step-by-step explanation:

n4=108

n5=108*-3=-324

n6=-324*-3=972

n7=972*-3=-2916

How is finding the volume of prisms a bit like slicing a loaf of bread?​

Answers

Answer:

To find the volume of a rectangular prism, multiply its 3 dimensions: length x width x height. The volume is expressed in cubic units.

A pet store sold 274 cans of cat food last weekend for a total of $216.46. What was the price per can?​

Answers

Answer:

Compare them ➗That's the answer

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.

Please look at the image

Answers

Answer:

the pic is block

Step-by-step explanation:

Answer:

Jack's age =a

Matt's age= 2a+6

a+2a+6 =90

3a +6. =90

3a= 90-6

3a=84

a=28

You have $10. If you and 3 of your friends want to go to the movies, what does the ticket price need to be for you to be able to buy all 4 tickets?

Answers

Answer:

$2.50

Step-by-step explanation:

$10/4 = $2.50

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

If the graph of f(x)=3^x is reflected over the x-axls, what is the equation of the new graph?

Answers

Answer:

Option B

Step-by-step explanation:

By the property of reflection,

If a function [tex]'f'[/tex] is reflected across [tex]x[/tex]-axis, new function [tex]'g'[/tex] will be defined by,

[tex]g(x)=-f(x)[/tex]

Therefore, equation of the function will be,

[tex]g(x)=-(3)^x[/tex]

Option B will be the correct option.

Find the missing lengths.

Answers

Answer:

that angle is 45°

so y = 5√3

and × = √2×y

x= √2 × 5√3

x=5√6

Use the figure to find the measures.
Lateral area =

Total area =

Volume =

Answers

Answer:

Lateral area = 2.pi.r.h = 2 x pi x 2 x 3 = 12 pi

Total area = lateral area + pi. r^2 . 2 = 20 pi

Volume = pi . r^2 . 2 . h = 24 pi

lateral area= 37.7
total area= 62.83
volume= 37.7

PLSSS HELP PANICKING
The sum of Alex and John's money is $48. Alex has $3 more than twice the amount John has. How much money do they each have? ​

Answers

Answer:

John has $15 and Alex has $33

Step-by-step explanation:

a systems of equations can be made from the information on the problem

x+y=48

x=2y+3

since x= 2y+3 substitute 2y+3 in the firat equation to get:

(2y+3)+y=48  -> 3y+3=48 -> 3y=45  -> y=15

plug in 15 for y in the second equation to solve for x

x+15 =48 --> x=33

3 toys cost x kobo. How many toys can be bought with #3.00?​

Answers

Answer:

ok so you say I don't know for 10000000000 year's the end. :)

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