attending the university of houston main campus the bank agrees to give you a loan of 35000 with 2% simple interest over 8 years

Answers

Answer 1

As per the given data, loan amount is $35,000 with 2% simple interest for the time period of 8 years then monthly payment is equal to

$422.92.

As given in the question,

Loan amount taken from the bank is equal to $35,000

Simple interest rate is 2%

Time period = 8 years

Total interest paid is equal to

= Loan amount × Interest rate × time period

= 35,000 × 2% × 8

= (35,000 × 2 × 8) / 100

= $5600

Total amount to be paid

= Loan amount + Interest amount

= $35,000 + $ 5,600

= $ 40,600

Monthly payment done based on given interest and time period

= $40,600 / ( 8 × 12 )

= $ 40,600 / 96

= $ 422.92

Therefore, for the given data, loan amount is $35,000 with 2% simple interest for the time period of 8 years then monthly payment is equal to $ 422.92.

The complete question is:

Attending the university of Houston main campus ,the bank agrees to give you a loan of $35,000 with 2% simple interest over 8 years. How much will your monthly payments be?

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Related Questions

a) Work out (5 × 10³) × (9 × 10')
Give your answer in standard form.
b) Work out (7 × 105) + (2 × 10²)
Give your answer in standard form.

Answers

A: 450,000
B: 935
I HOPE THIS HELPED!!!

100 points if you answer this correctly

Answers

Since triangle P'Q'R' is the result of a transformation of triangle PQR, an algebraic representation which best describes this transformation is: C. (x, y) → (5x/2, 5y/2).

What is a transformation?

In Mathematics, a transformation can be defined as the movement of a point from its original (initial) position to a final (new) location. This ultimately implies that, when an object is transformed, all of its points would be transformed as well.

From the information provided above, we can logically deduce the following coordinates:

Point P = (-1, 1)Point Q = (2, 0)Point R = (-1, -2)Point P' = (-5/2, 5/2)Point Q' = (5, 0)Point R' = (--5/2, -5)

Therefore, the transformation rule is given by:

P (x, y)                      →               P' (x, y)

Point P = (-1, 1)      →  Point P' = ((5/2 × -1), (5/2 × 1)) = Point P' = (-5/2, 5/2).

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Determine the equation of the line that is parallel to the given line, through the given point

y = -5x + 1 ; (-2,3)

Answers

The equation of the line that is parallel to the given line, through the given point is y = -5x - 7

Given equation,

y = -5x + 1

Slope = m

          = -5

For two lines to be parallel, slope is equal.

Therefore, m = -5 for another line.

Let the equation of the line be y = mx + c

This line passes through A(-2,3)

Therefore, 3 = -5(-2) + c

                  3 = 10 + c

                  c = 3 - 10

                     = -7

Hence, equation of line is y = -5x - 7.

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Describe the relationship between <1 and <5

Answers

Angles 1 and 5 constitutes one of the pairs

Step-by-step explanation:

Pls help due tomorrow!!!!!

Answers

Answer:

[tex]\left(m+2\right)\left(n^2+2n+m+1\right)[/tex]

Step-by-step explanation:

Hoooo boy.

This is a long one.

But let's do it!!!!

Apply exponent rule: [tex]\:a^{b+c}=a^ba^c[/tex]

A vending machine i deigned to dipene a mean of 7. 5 oz of coffee into an​ 8-oz cup. If the tandard deviation of the amount of coffee dipened i 0. 5 oz and the amount i normally​ ditributed, find the percent of time the machine will dipene le than 7. 75 oz

Answers

The percent of times the machine will dispense less than 7.75 oz. is 69.15%.

In the given question we have to find the percent of time the machine will dispene less than 7.75 oz.

A vending machine we deigned to dipene a mean of 7.5 oz of coffee into an​ 8-oz cup.

If the standard deviation of the amount of coffee dipened is 0.5 oz and the amount is normally​ ditributed.

Mean = 7.5 ,

Standard Deviation = 0.5

P(z< 7.5) = P(z<(X-Mean)/Standard Deviation)

P(z< 7.5) = P(z<(7.75-7.5)/0.5)

P(z< 7.5) = P(z<0.25/0.5)

P(z< 7.5) = P(z< 0.5)

P(z< 7.5) = 0.6915

P(z< 7.5) = 69.15%

Hence, the percent of times the machine will dispense less than 7.75 oz. is 69.15%.

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It takes 5 minutes for your printer to print 40 papers
How long does it take for your printer to print 12 papers?

Answers

It will take 1.5 minutes for printer to print 12 papers.

Given,

Time taken to print 40 papers=5 minutes

then,

Time taken to print 1 paper =[tex]\frac{5}{40}=\frac{1}{8}[/tex] minutes

then to find time taken to print 12 papers, multiply 12

Time taken to print 12 paper,

[tex]Time=\frac{1}{8}*12\\\\Time=1.5\ minutes[/tex]

Thus, it will take 1.5 minutes for printer to print 12 papers.

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i need help pls
PLEASE GIVE ME THE CORRECT ANSWERS FOR ALL 3 PROBLEMS IM BEGGING

Answers

The values of the function when x = 3 are -10. -1 and -3, respectively

The values of the function

Function 1

The equation of the function is given as

y = -4x + 2

We have the value of x to be 3

So, we have

y = -4 x 3 + 2

Evaluate

y = -10

Function 2

The graph represents the notation of the function

On the graph, we have the value of y to be -1, when x = 3

This means that

y = -1

Function 3

The table represents the notation of the function

On the table, we have the value of y to be -3, when x = 3

This means that

y = -3

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Austin is blocking off several rooms in a hotel for guests coming to his wedding. The hotel can reserve small rooms that can hold 2 people, and large rooms that can hold 3 people. Austin booked a total of 22 rooms which can accommodate 53 guests altogether. Determine the number of small rooms reserved and the number of large rooms reserved.

Answers

Answer:

There are 13 small rooms and 9 large rooms reserved.

Step-by-step explanation:

First, we can make a system of equations. We can use s to represent the number of small rooms and l to represent the number of large rooms.

2 guests per small room added to 3 guests per large room equals 53 guests total, so 2s + 3l = 53.

The number of small rooms (s) plus the number of large rooms (l) equals the total number of rooms, so s + l = 22 or s = 22 - l.

We can substitute the first second equation into the first equation.

2 (22 - l) + 3l = 53

44 - 2l + 3l = 53

l = 9

So, the number of large rooms is 9. Then, to find the number of small rooms, we can substitute l into the second equation.

s = 22 - 9

s = 13

So, the number of small rooms is 13.

What is the formula for Circumcentre?

Answers

There is no definite formula for calculation of circumcenter of a triangle but a process for calculation of circumcenter has been described here.

What is circumcenter of a triangle?

Circumcenter of a triangle is the point of intersection of the perpendicular bisectors of every sides of the triangle.

Let the coordinate of A, B, C [tex]\Delta[/tex] ABC be ([tex]x_1, y_1[/tex]), [tex](x_2, y_2)[/tex] and [tex](x_3, y_3)[/tex] respectively and let the coordinate of circumcenter of [tex]\Delta ABC[/tex] is (x, y)

We need to find the length of AB, BC and AC

The length will be obtained in terms of x and y

On solving the equations, we will obtain the value of x and y

The value of x and y is the required coordinate of the circumcenter.

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what is the answer to this ​

Answers

-1 39/45

that is the answer

At the penalty apr rate of 28. 99% and a balance of about $1800, approximately how much interest would you owe in one month?.

Answers

The interest rate for one month is 2.42% and the interest amount is $40 approximately.

Given,

The penalty APR rate = 28.99%

Balance amount = $1800

We have to find the interest for one month;

Here,

The APR of 28.99% is the yearly interest. To find the monthly rate:

= Rate / 12 months

= 28.99% / 12

= 2.42%

The amount owed is therefore;

= 1,800 x 2.42%

= $43.56

= $40.00 approximately

That is,

The interest rate for one month is 2.42% and the interest amount is $40 approximately.

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Alyssa works 6.4-hour shifts at the donut shop each day. Last week she earned $480 for working 32 hours. Describe the unit rate in this problem.

Answers

The unit rate for this problem is how much Alyssa  earns per hour

What is a unitary method?

A unitary method is a mathematical way of obtaining the value of a single unit and then deriving any no. of given units by multiplying it with the single unit.

Given, Alyssa works 6.4-hour shifts at the donut shop each day.

Last week she earned $480 for working 32 hours.

Now, To determine her earnings per hour we have to divide her total earnings by the total no. of hours she worked which is,

= $(480/32).

= $15 per hour.

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someone please help me.


72/6 = 12

Write a situation for this equation and draw a picture that goes with it.​

Answers

The picture for the condition is attached below.

What is factors of number?

A number or algebraic expression that evenly divides another number or expression—i.e., leaves no remainder—is referred to as a factor in mathematics. As an illustration, 3 and 6 are factors of 12 because 12 3 = 4 and 12 6 = 2, respectively. 1, 2, 4, and 12 are the other components that make up 12.

Let, the factors of 72 are

72 = 1, 2, 3, 4, 6, 8, 9, 12, 18, 24 36, 72.

When we divide 72 by 6 we get 12.

⇒ [tex]\frac{72}{6} = 12[/tex]

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the pizza costs £6.40
this is 20% less than the original price.
what was the original price of the pizza?

Answers

Answer:

8

Step-by-step explanation:

Price : %

  [tex]x[/tex]    :  100

 6.4  :  80     (Got 80 by 100 - 20)

Cross multiply

100*6.4 = 80[tex]x[/tex]

640 = 80[tex]x[/tex]

640/80 = [tex]x[/tex]

[tex]x[/tex] = 8

O is the center of the circle, if ∠OPQ = 25° & ∠ORQ = 20°, find ∠PQR and ∠POR

Answers

The values of ∠PQR = 45° and ∠POR = 90°.

The circumference of a circle is defined as its linear distance around it. In other words, if a circle is opened to form a straight line, the length of that line equals the circumference of the circle.

The radius of a circle is the distance between the circle's center and any point on its circumference. It is usually denoted by the letters 'R' or 'r'.

Given that

O is the center of the circle, if ∠OPQ = 25° &∠ORQ = 20°

We have to determine the values of ∠PQR and ∠POR

Sol. OP = OQ

⇒∠OQP = ∠OPQ = 25° [Radii of the same circle]

Similarly, ∠OQR = 20°

∠PQR = 25° + 20°

∠PQR = 45°

Furthermore ∠POR = 2 ∠PQR [the angle at the centre is twice the angle at the circumference].

⇒∠POR = 2 × 45°

∠POR = 90°.

Therefore the values of ∠PQR = 45° and ∠POR = 90°.

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Find the length x.
HELPPP PLSSSS

Answers

Answer: My answer is 4. You may want another answer.

Step-by-step explanation:

visual studying

v - 10 + k³ when v = -2 and k = -3​

Answers

-2 - 10 + (-3)^3

= -12 - 27

= -39

Answer:

-39

Step-by-step explanation:

Substitute v and k

v - 10 + k³

-2 - 10 -3³

Multiply the 3 and the power of thirds together

-2 -10 + 27

Combine like terms

a manufacturer of chocolate chips would like to know whether its bag filling machine works correctly at the 400 gram setting. based on a 25 bag sample where the mean is 399 grams and the variance is 400, is there sufficient evidence at the 0.025 level that the bags are underfilled? assume the population distribution is approximately normal. find the value of the test statistic. round your answer to three decimal places.

Answers

Using the t test statistic, the value of the test statistic is 1.25.

In the given question we have to find the value of the test statistic.

A manufacturer of chocolate potato chips would like to know whether its bag filling machine works correctly at the 400 gram setting.

= 400

A 25 bag sample had a mean of 399 grams and the variance is 400.

There is sufficient evidence at the 0.025 level that the bags are underfilled.

Sample size(n) = 25

sample Mean = 399

Sample Variance = 400

Standard Deviation = √Sample Variance

Standard Deviation = √400

Standard Deviation = 20

Population Mean = 400

So , the null and alternative hypothesis are

H0 : μ = 400

Ha : μ < 400

Using the sample t test statistic

t = (Population Mean - Sample Mean)/(Standard Deviation/Sample size)

t = (400 - 399)/(20/25)

t = 1*25/20

t = 1.25

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Find x, y and z. ILL GIVE BRAINLIEST

Answers

Answer:

x = 30

y = 15

z = 150

Step-by-step explanation:

90°, 2x°, and x and supplementary.

Using this knowledge, we can form the equation:

2x° + 90° + x° = 180°

and solve for x.

3x°+ 90° = 180°

3x° = 90°

x° = 30°

x = 30

x and z are same side interior angles. Therefore, they are supplementary.

Using this knowledge, we can form the equation:

x° + z° = 180°

30° + z° = 180°

z° = 150°

z = 150

z° and 2y° are supplementary.

Using this knowledge, we can form the equation:

z° + 2y° = 180°

150° + 2y° = 180°

2y° = 30°

y° = 15°

y = 15

Answer:

I will be waiting for you to mark me brainlest pls

I need it to move to another rank plsssssssssssssssss

solve polynomial equations by factoring

2x³ + 12x² = 0

Answers

The value of x is -6 or 0 which is obtained by solving the giving equation using factoring.

What exactly is a polynomial equation? Polynomial equations are those created using exponents, coefficients, and variables. The greater of its possible exponents is referred to as the equation's degree.How can a polynomial equation be solved?Write a polynomial equation in standard form before attempting to solve it. Factor it, then set each variable factor to zero after it has reached zero. Factoring cannot always be used to solve polynomial problems.The original equations' answers are the solutions to the derived equations.

Given equation: 2x³ + 12x² = 0

Solving this equation by factoring as follows:

2x³ + 12x² = 0

= 2x²(x+6) = 0

So, x + 6 = 0 or 2x² = 0

x = -6 or x = 0

Therefore, the value of x is -6 or 0 which is obtained by solving the giving equation using factoring.

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a random sample of 1000 people was taken. four hundred fifty of the people in the sample favored candidate a. what is the upper limit for a 95% confidence interval for the true proportion of people who favored candidate a? round your answer to three decimal places.

Answers

The 95% confidence interval for the true proportion of people who favored candidate a is 0.419, 0.481

How to calculate confidence interval?

First, calculate sample proportion by divide number people who favored candidate by number of sample. So:
[tex]\pi[/tex] = 450 / 1,000 = 0.45

Then we use the formula for confidence interval

[tex]\pi[/tex] ± [tex]z\sqrt{\frac{\pi (1-\pi )}{n}}[/tex]

In which z is z score that has a p value of [tex]1 - \frac{\alpha }{2}[/tex]

For 95% confidence interval z is the value of Z that has a p value of [tex]1 - \frac{0.05}{2}[/tex] = 0.975, so z = 1.96

After we have [tex]\pi[/tex] value and z value then put it in the formula. So:

= 0.45 ± [tex]1.96\sqrt{\frac{0.45(1-0.45)}{1000} }[/tex]

= 0.45 ± 0.0308

= 0.419, 0.481

Thus, the 95% confidence interval for the true proportion of people who favored candidate a is 0.419, 0.481

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7. The basketball team is selling hats and gloves. They will earn $10 for every hat they sell and $8 for every pair of gloves. They want to sell a total of 40 items. Create two unique equations that model the number of hats, h, and the number of gloves, y, that the team is selling.​

Answers

Answer:

5h+35y=390$

20h+20y=360$

Step-by-step explanation:

there are many answers possible.

The following are just examples:

5h+35y=390$

20h+20y=360$

Ms. Fraser’s total monthly cell phone bill this month was
$56.70. Her phone company charges $45.60 for unlimited
minutes and $0.10 for every text message sent.

Answers

Answer:

She sent 111 texts that month

Step-by-step explanation:

The base of the parallelogram has a length
of 10 cm. What is the height?
10 cm
12cm
14cm

Answers

The height is either 10 cm,12 cm,14 cm.

Given:

The base of the parallelogram has a length of 10 cm.

Here area is not given so the height may be anything.

suppose h = 10

area = base * height

= 10 * 10

= 100 cm^2

if h = 12

area = 10 * 12

= 120 cm^2

if h = 14

area = 10 * 14

= 140 cm^2

Therefore the height is either 10 cm,12 cm,14 cm.

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what is 1 divided by [tex]\frac{1}{2}[/tex]?

Answers

2
The answer is 2 because when you divide by a fraction, you flip the fraction and multiply it by the number. So 1(2) divided by 1 is 2
The answer is 2 if if you do 1 divide by 1/2

What statement about the graph is true?

Answers

The true statement about the graph is

It is a function with the domain {-6 < x < 0} and the range {0 ≤ y ≤ 5}.

What is range?

The range refers to all possible value in the out put of a graph.

The out put is the y coordinate and the possible values here is within the interval

0 ≤ y ≤ 5

What is domain?

The domain refers to all possible value in the input of a graph.

The input is the x coordinate and the possible values here is within the interval

-6 ≤ x ≤ 0

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Solve for y:
-3 + 18iy = x + 9i

A) -3
B) 0.5
C) 2
D) 4

Answers

Answer:

Step-by-step explanation:

2 ft
2 ft
5 ft
4 ft
4 ft
2 ft
2 ft

Answers

Answer:

22ft

Step-by-step explanation:

2+2+5+4+4+2+2= 22

It will equal to 22ft

Select the correct answer.
What is the equation of the line that has a slope of 3 and goes through the point (-3,-5)?
A. y = 3x + 4
B. y = 3x − 14
C. y = 3x − 4
D. y = 3x + 12

(It is not y = 3x - 4 OR C)

Answers

y = 3x + 4. It helps to draw out the graph.
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