enrique needs our help again. He has 310 dollars he can afford to put towards a new car each month. he wants to be done in 5 years.
a. if he were to be approved for loan at 8% apr compounded monthly, what would the size loan granted to him be? what is he were approved for 3% compounded monthly?
b. one of your values should be higher then the other. Explain why it makes sense that your higher loan value paired with the apr that produced it makes sense?

Answers

Answer 1

The monthly payment of $310 compounded monthly at 8% and 3% will have a principal of $15,288.71 and $17,252.23 respectively

Monthly Payment

The monthly payment is the amount paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the principal amount, or the original amount loaned out, that needs to be repaid, but also the interest that accumulates.

In order to solve this question, we can use the formula of monthly payment we can use a simple formula for that

[tex]A = p \frac{r(1+r)^n}{(1+r)^n-1}[/tex]

A = monthly paymentr = rate n = number of times compoundedPrincipal on the loan

In the first scenario, we can find the monthly payment at 8%

Substituting the values into the equation and solve

The principal at 8% is $152888.71 and the principal at 3% is at $17252.23

Learn more on monthly payment here;

https://brainly.com/question/25599836

#SPJ1


Related Questions

Question 10(Multiple Choice Worth 1 points)
(08.01 LC)

Susan wants to conduct a survey to find how much time the students of her school spent eating in a local cafeteria. Which of the following is an appropriate statistical question for this survey?

Who eats at the cafeteria on weekends?
How many students eat in the cafeteria on Mondays?
How many students eat in the cafeteria once a week?
How many hours during the week do you eat in the cafeteria?

Answers

The appropriate statistical question for this survey is D. How many hours during the week do you eat in the cafeteria?

What is a survey?

It should be noted that a survey is used by researchers in order to get information about a particular thing.

In this case, Susan wants to conduct a survey to find how much time the students of her school spent eating in a local cafeteria.

It should be noted that a statistical question should be able to address the question asked. Therefore, the correct option is D.

Learn more about survey on:

brainly.com/question/14610641

#SPJ1

write the following in the form a+bi (2+5) - (-6 +bi)

Answers

The complex expression (2+5) - (-6 +bi) in the form a + bi is 13 - bi

How to evaluate the expression?

The expression is given as

(2+5) - (-6 +bi)

The above expression is a complex expression

So, we have the following expression

(2+5) - (-6 +bi)

Remove the brackets in the above expression

So, we have the following expression

(2+5) - (-6 +bi) = 2 + 5 + 6 - bi

Evaluate the like terms in the above equation

So, we have the following expression

(2+5) - (-6 +bi) = 13 - bi

Hence, the solution to the complex expression is 13 - bi

Read more about complex expression at

https://brainly.com/question/11245197

#SPJ1

What are the intersection points of the parabola given by the equation y=x^2 - 9 and the line given by the equation y = x - 3?

Answers

Since we want the points where both the parabola and the line have in common (i.e., they intersect), then we have the following:

[tex]\begin{gathered} y=x^2-9 \\ y=x-3 \\ \Rightarrow x^2-9=x-3 \end{gathered}[/tex]

Now we solve for x to find the first two values of the points that we are looking for:

[tex]\begin{gathered} x^2-9=x-3 \\ \Rightarrow x^2-9-x+3=0 \\ \Rightarrow x^2-x-6=0 \\ \Rightarrow(x-3)\cdot(x+2)=0 \\ x_1=3 \\ x_2=-2_{} \end{gathered}[/tex]

Now we use these values of x to find other pair of values for y:

[tex]\begin{gathered} y=x-3 \\ x_1=3 \\ \Rightarrow y_1=3-3=0 \\ \Rightarrow(x_1,y_1)=(3,0) \\ x_2=-2 \\ \Rightarrow y_2=-2-3=-5 \\ \Rightarrow(x_2,y_2)=(-2,-5) \end{gathered}[/tex]

Therefore, the intersection points are (3,0) and (-2,-5)

Answer to the question

Answers

Step-by-step explanation:

Option Four is the correct answer.

Have a great day!

in the diagram (triangle) ABC = (triangle) PQR. Reflect (triangle) ABC across the line y = x. Describe how to map image to (triangle) PQR.

Answers

First we have to find the line y=x so we can do the reflection:

now in the graph we can se that the lines RO and BC are parallel to the line y = x

and there you can see that they are the same by moving the triangle 5 units to the right.

Other way you can check they are iqual, is by calculate the area of the triangles.

9. Assessment Practice Diego wants to
find 8+ 9. 2.NSO.2.1
Which doubles fact can help him?
A 5+5=10
B6+6=12
C7+7= 14
D 8+8=16

Answers

They can use counters or their fingers, but they can also use doubles facts. If they know 5 + 5 = 10, they know that the sum of 5 + 6 will be one more.

What is meant by addition?

One of the four fundamental mathematical operations, along with addition, subtraction, multiplication, and division, is addition.

The sum of 5 + 6.

They can utilize counters or their fingers, but they can even utilize doubles facts. If they understand 5 + 5 = 10, they know that the sum of 5 + 6 will be one more.

Therefore, 5 + 6 = 11.

Estimating other doubles-plus-one facts together, such as 3 + 4, 7 + 8, and 9 + 8.

Repeat the doubles facts so they can use them to solve equations.

They can also use doubles-minus-one facts to enable them solve equations.

Write down 9 + 10 and have your children find the sum.

If they know that 10 + 10 = 20, they know that the sum of 9 + 10 will be one less. Therefore, 9 + 10 = 19.

solving different number sentences together.

Therefore, they can utilize counters or their fingers, but they can even utilize doubles facts. If they understand 5 + 5 = 10, they know that the sum of 5 + 6 will be one more.

Therefore, the correct answer is option A) 5 + 5 = 10.

To learn more about addition refer to;

brainly.com/question/1380218

#SPJ13

A bank features a savings account that has an annual percentage rate of 4.4 % with interest compounded quarterly. Natalie deposits $4,000 into the account.What is the annual percentage yield (APY) for the savings account? APY= %. Round to the nearest hundredth of a percent.

Answers

ANSWER :

4.47%

EXPLANATION :

The APY Formula is :

[tex]APY=\left(1+\frac{r}{n}\right)^n-1[/tex]

where r = annual percentage rate

n = number of compounding in a year

From the problem, r = 4.4% or 0.044 and n = 4 (Quarterly)

That will be :

[tex]\begin{gathered} APY=\left(1+\frac{0.044}{4}\right)^4-1 \\ APY=0.0447 \end{gathered}[/tex]

The APY is 4.47%

I need help to find the indicated measure of each angle. I will send the photo.

Answers

[tex]\emptyset=40.60\text{ \degree}[/tex]

Explanation

Step 1

we have a rigth triangle, then

Let

[tex]\begin{gathered} \text{angle}=\emptyset \\ \text{adjacent side=14} \\ \text{opposite side= 12} \end{gathered}[/tex]

hence, we need a function that relates, angle, adjacent side and opposite side

[tex]\tan \emptyset=\frac{opposite\text{ side}}{\text{adjacent side}}[/tex]

now, replace.

[tex]\begin{gathered} \tan \emptyset=\frac{opposite\text{ side}}{\text{adjacent side}} \\ \tan \emptyset=\frac{12}{\text{1}4} \\ \tan \emptyset=\frac{6}{7} \\ In\text{verse tan in both sides} \\ \tan ^{-1}(\tan \emptyset)=\tan ^{-1}(\frac{6}{7}) \\ \emptyset=40.60\text{ \degree} \end{gathered}[/tex]

I hope this helps you

72 km/h converted into m/s

Answers

Answer: 20 meters per second

Step-by-step explanation:

It would be 20 meters per second

74 - 8 x W = 22
Solve for W

Answers

Answer:W=6.5

Step-by-step explanation:

74-8w=22

subtract 74 from both sides

-8w=-52

divide both sides by -8

w=6.5

Answer:

-8w=22-74

-8w=52

w=52÷(-8)

w=-6.5

is negative 18/3 rational or irrational

Answers

Answer:

rational

Step-by-step explanation:

it is because

it can be written in p/q form as answer is -6

Kali just started a new sales floor job to save for college. She earns 15.75 plus a flat fee of 50 . She wants to earn between 200 and 400 . The following inequality represents her earning potential

200 ≤ 15.75x + 50 ≤ 400 Solve the inequality PLEASE HELP ASAP
!!

Answers

Solving the inequality the range of x becomes 9.523 ≤ x ≤ 22.222.

The given inequality which needs to be solved is 200 ≤ 15.75x + 50 ≤ 400.

If 50 is subtracted from each part or side of the inequality we get,

200 - 50 ≤ 15.75x + 50 - 50 ≤ 400 -50 which will be equal to,

150 ≤ 15.75x ≤ 350, now to solve this inequality divide the given inequality with the coefficient of x which is 15.75 to get the range of x.

Hence the inequality becomes 150÷15.75 ≤ 15.75x÷15.75 ≤ 350÷15.75. solving this equation the value of x becomes 9.523 ≤ x ≤ 22.222.

So the range of inequality that represents Kalis earning potential ranges from (9.523,22.222) for the given question.

Learn more about Inequality at

https://brainly.com/question/17675534?referrer=searchResults

#SPJ1

A battery is charged. The percentage of the battery's capacity that is charged as a function of time (in minutes) is graphed 50+ 70 50+ Capacity charge 20+ 10 What was the battery's charging level when the charging began? 12

Answers

The equation of the line (segment) is:

[tex]y=2x+40[/tex]

Where y is the percentage of the charge, and x is the time (in minutes) that has passed since the charge started.

How do we know that? Because we can identify two points in the graph shown in the image:

[tex](0,40),(5,50)[/tex]

Notice that the line intersects the y-axis in point 40 (when the battery had 40% of its charge)

You can easily see that the equation I first wrote is correct by simply substituting the values of those two points I just wrote above.

Since we need 'the battery's charging level when the charging began', we need to set x=0, as we need the value of y (percentage of the charge) when the charging started.

So, if x=, then:

[tex]y=2\cdot0+40=40[/tex]

Therefore, the answer is 40%

3. Which of the following is true about the graph of y = -x] – 2? (A) The graph is increasing when x > -2. (B) The graph is decreasing when x > -2. (C) The graph is increasing when x < 0 (D) The graph is increasing when x > 0.

Answers

First let's draw the graph

Now, we can see that the graph is increasing when x<0! thus the answer is (C)

fx=-3x+2-1 Find the domain and range

Answers

Answer: Domain is All real Numbers and The range is also All real numbers

Step-by-step explanation:

Well any value can be used to fit in for the x value

what the average for 68,68,84,73,100,91

Answers

Answer:

81

Step-by-step explanation:

mean average= sum of values / amount of values

484/6=80.66666666

Robert has a gross monthly income of $3690. According to Housing Recommendation #1, how much can he devote to monthly housing expenses?

Answers

Monthly gross= $3,690.
12 months in a year, multiply $3,690 x 12= $44,280 grossed in a year.
Housing recommendation is 30% of yearly gross income.
Multiply 30% x $44,280 = $13,284. Then divide by 12, $13,284 divided by 12= $1,107.

45*3/12+4.5697-3.12903

Answers

Answer: 12.69067

Step-by-step explanation:

What is the value of X? 8X=63.2

Answers

the given expression is,

8x = 63.2

x = 63.2/8

x = 7.9

thus, the answer is x = 7.9

i have solved your problem in the answer tab.

if you have any doubt with this solution then let me know.

pls help i give brainliest

Answers

Answer: Please check attached image

convert the equation into vertex form, then solve the equation: r^2– 4r – 91 = 7

Answers

We want to convert the equation to vertex form

[tex]\begin{gathered} r^2-4r-91=7 \\ r^2-4r\text{ = 98} \\ r^2-4r\text{ + }(-2)^2=98+(-2)^2 \\ (r-2)^2=102\text{ },(r-2)^2-102=0,\text{ This is the equation in vertex form} \\ r-2\text{ =}\pm\sqrt[]{102} \\ r\text{ = 2}\pm\sqrt[]{102} \\ \end{gathered}[/tex][tex]\begin{gathered} \text{Equation in vertex form, (r-2)}^2-102\text{ = 0} \\ \text{Solution, r = 2}\pm\sqrt[]{102} \end{gathered}[/tex]

In AKLM, 1 = 48 inches, _K=55° and L=46°. Find the length of k, to the nearest
inch.

Answers

We have a KLM triangle which as l = 48 in, the angle opposed to K = 55° and the angle opposed to L = 46°.

For this triangle, we have the following relation:

k^2 = l^2+m^2-2*l*m*cos 55°

Without m, we can't find k

12. How many centimeters are there in 740.2millimeters?A 7402 cm© 7.402 cmB 74.02 cmD 0.7402 cm

Answers

In this kind of question, we always need to know what is the equivalence between two measures:

We already know that in 1 centimeter there are 10 millimeters. With this equivalence, we can write:

740.2 millimeters * ( 1 centimeter / 10 millimeters )

When we have a unit in the numerator and also in the denominator, like millimeters, in this case, both units are converted in 1, and they do not need to be in the final answer (millimeters/millimeters = 1). Therefore:

740.2 * ( 1 centimeter / 10 ) =

( 740.2 / 10 ) centimeter =

When we divide a number by 10, 100, 1000, we write the decimal point to the left as many zeros have the 10, 100, 1000. In this case, we only have one zero.

Thus, we write the decimal part one digit to the left:

( 740.2 / 10 ) centimeter =

74.02 centimeter (this is the answer).

Therefore, there are 74.02 centimeters in 740.2 millimeters.

Classify the system as independent, dependent, or inconsistent.y=2x-1y=-2x+5

Answers

To classify the equations, we will need to define some terms:

Inconsistent equations: Inconsistent equations is defined as two or more equations that are impossible to solve based on using one set of values for the variables.

inconsistent equations of linear equations are equations that have no solutions in common.

An example of a set of inconsistent equations is x+2=4 and x+2=6.

Independent equation: The equations 3x + 2y = 6 and 3x + 2y = 12 are independent because any constant times one of them fails to produce the other one.

Dependent system: Equations in a dependent system can be derived from one another; they describe the same line

We can now proceed to classify the equations.

[tex]\begin{gathered} y=2x-1 \\ \text{and} \\ y=-2x+5 \end{gathered}[/tex]

Equating the two equations

[tex]2x-1=-2x+5[/tex]

simplifying further

[tex]\begin{gathered} 2x+2x=1+5 \\ 4x=6 \end{gathered}[/tex]

[tex]\begin{gathered} x=\frac{6}{4}=\frac{3}{2} \\ x=\frac{3}{2} \end{gathered}[/tex]

Since it has a solution (x=3/2), and also if we multiply each equation by a constant, we will have an uncommon equation.

Thus, we can classify the system as Independent

please do complete and be quick

Answers

1. cube root - a number whose cube equals the original number.

2.irrational number -a number that cannot be written in the form a/b, where a and b are integers and b≠ 0

3.Product of powers property- To multiply two powers with the same base, keep the common base and add the exponents.

4.perfect cube- the cube of an integer.

5.perfect square- a number that is the square of an integer.

6.Power of powers property-To multiply two  powers with the same exponent and different bases, multiply the bases and keep the exponent.

7.Powers of products property- when you have an exponent raised to a power ,keep the base and multiply the exponents.

8. scientific notation -a way to express a number as the product of two factors, one greater than or equal to 1 and less than 10  and the other a power of 10

9. square root - a number when multiplied by itself equals the original number

To learn more about exponential laws, refer:

https://brainly.com/question/28457639

#SPJ13

What is slope-intercept form of m=-7,b=4

Answers

The slope intercept form is y= -7x + 4

find the quotient-2/5 ÷7/8

Answers

The quotient can be determined as,

[tex]\frac{-2}{5}\times\frac{8}{7}=\frac{-16}{35}[/tex]

Thus, the required quotient is -16/35.

What is the measure of angle y

Answers

Answer:

In order to answer this question, you have to import and attachment to be more clear

Write the missing power of 10 in each equation a. 0.06 x ____=6 b. ___X 0.3 = 300

Answers

a) the expression can be writen as:

[tex]0.06\times10^2=6[/tex]

because we move two units to the right the period.

b) the expression can be written as:

[tex]0.3\times10^3=300[/tex]

because we move the period 3 units to the right

f(m) = (x + 1)(x - 5)| has two solutions. What is the set of values for f(m)? How would you describe the locations of values in this solution set?​

Answers

Answer:

x = {x: -1, 5}

Step-by-step explanation:

[tex]{ \rm{f(m) = (x + 1)(x - 5)}}[/tex]

- To find the values of function f(m), we consider its zero or its root by letting f(m) = 0

[tex]{ \rm{f(m) = 0 = (x + 1)(x - 5)}} \\ { \rm{(x + 1)(x - 5) = 0 \: \: \: \: \: \: \: \: \: \: \: \: \: }}[/tex]

- Either (x + 1) or (x - 5) is equated to zero

For (x + 1);

[tex]{ \rm{x + 1 = 0}} \\ { \rm{x = - 1}}[/tex]

For (x - 5);

[tex]{ \rm{x - 5 = 0}} \\ { \rm{x = 5}}[/tex]

Therefore, x is -1 and 5

[tex]{ \bold{ \boxed{ \red{ \delta}}}}{ \underline{ \red{ \mathfrak{ \: \: creed}}}}[/tex]

Other Questions
In the 1800s, both old and new immigrants to the United States faced hostility because of Explain slave trade in pre colonial West and central Africa Every rhombus is a square An artist is building a pedestal out of wood thatwill be used to display a piece of sculpture. Sheplans to cover the pedestal with tile.10 cm6 cm10 cm16 cm30 cmHow much tile will it take to cover the pedestal,including the bottom? help please i need to know the numbers President Harding gave many cabinet posts and other high-level jobs to friends and political allies from lowatrue or false During the American Revolution, the colonies chose to be governed by the king of England,The British parliament A military dictator A continental congress A food company sells its corn flakes in two different sizes: the regular box and the family value box. For the family value box, the length of the box has been increased by 30%, the height has been increased by 25%, and the width remains the same.By what percentage does the volume of the box increase from the regular box to the value box? Round your answer to the nearest percent. All of the following were typical of the Red Scare EXCEPTO anti-conservatismanti-Communismanti-union sentimentanti-immigrant sentiment Why did Milton think his chocolate candy would sell? four clients were admitted to the emergency department with severe chest pain. all were given preliminary treatment with aspirin, morphine, oxygen, and nitrates and were monitored by ecg. which client most likely experienced myocardial infarction? 1. Inconsistency #1Jay is the "criminal element of Woodlawn"Version 1:Version 2: He isn't really a criminal (just a small time weed dealer)Is Jay forgetting, fibbing, lying, or something else? Why would he change this part of his story? The locations for three genes have been added to this cartoon. For clarity, the locations have only been noted on one chromatid. The lowest frequency of crossovers would occur between genes ____ and ____. Anis a noteworthy deed. The KingArthur legends are full of stories of theof the Knights of the Round Table, includinLancelot and King Arthur himself. If (-1, y) is a solution to the equation y = x + 5, determine the value of y.HELP I WILL MARK BRAINLIEST An expresion is shown. - 2 3 /4 + 3 2/3 What is the value of the expression? Find two numbers whose sum is 21 and their product is 104. ( Make sure you explain how you got the two numbers. Show both equations as well ) Students were trying to use the sample standard deviation formula for the givendata: (8,1,3,0,3). Determine what they did wrong for each case and calculate thecorrect value.S=(x x)2n-1 what occurs when a redundant storage server offers an exact replica of the real-time data, and if the primary server crashes, the users are automatically directed to a secondary server? I need help trying to find side c and to see if my other answers are correct?