Willard Hudson took out a simple interest loan of $6,000.00 at 10 percent interest for 24 months. His monthly payment is $276.60 After 4 payments the balance is $5,082.21. He pays off the loan when the next payment is due. What is the interest? What is the final payment? How much is saved by paying the loan off early?​

Answers

Answer 1

9514 1404 393

Answer:

  a) $42.35

  b) $5124.56

  c) $407.44

Step-by-step explanation:

a) The interest due is that for one month on the remaining balance:

  I = Prt

  I = $5082.21·0.10·1/12 = $42.35

__

b) The final payment is ...

  $5082.21 +42.35 = $5124.56

__

c) Had Hudson continued paying, he would have paid ...

  20·$276.60 = $5532.00

So, he saved ...

  $5232.00 -5124.56 = $407.44


Related Questions

plz help me I dont know
geometery plz help​

Answers

9514 1404 393

Answer:

  all are No

Step-by-step explanation:

The given triangle is ΔABE, where AB is the hypotenuse and BE is the long side.

In each of the other triangles listed, The first two letters are not the name of the hypotenuse, so none are similar.

_____

Additional comment

The similar triangles would be ΔADB, ΔEDC, ΔBEC, and ΔBDE.

Answer:

all of them are

Step-by-step explanation:

please help me, yall :))))

Answers

Choose A or C that’s all on u

Find the product
-1/2y(2y^3-8)

Answers

Answer:

-y^4+4y

Step-by-step explanation:

2) Add 1/3n + 2/3 and -1/6n + 1/6m

Answers

Answer:

m/6+  n/3  +1/2  

Step-by-step explanation:

A circular park of radius 20m is situated in a colony. Three boys Ankur, Syed and David are sitting at equal distance on its boundary each having a toy telephone in his hands to talk each other.name the type of triangle asd formed

Find the length of AM

Find the length of OM

Find the length of the string of each person

Answers

Answer:

The triangle formed is Equilateral triangle.

I have taken Perpendicular = P ( you can say M)

√400 - x²  = OP (OM)

√3 x = AP (AM)

The length of the string of each person = 20√3 m

Step-by-step explanation:

As given , circular park with radius 20m

Let , Ankur sit on boundary point A

       Syed sit on boundary point S

       David sit on boundary point D

As given,

Ankur, Syed and David are sitting at equal distance on its boundary

⇒AS = AD = SD

Let AS = AD = SD = 2x

As the sides are equal

The triangle formed is Equilateral triangle.

Now,

Draw a perpendicular on the side SD

Let OP be the perpendicular

⇒SP = PD = [tex]\frac{1}{2}[/tex]SD = [tex]\frac{1}{2}. 2x = x[/tex]

So, we get

SP = x , PD = x

Now, Draw the line OS and OA

AS , we can see that ,

ΔOPS and ΔAPS are right angle triangle ,

So , apply Pythagoras theorem to ΔOPS and ΔAPS

In ΔOPS

OS² = OP² + PS²

⇒20² = OP² + x²

⇒400 - x² = OP²

⇒√400 - x²  = OP

Now,

In ΔAPS

AS² = AP² + PS²

⇒(2x)² = AP² + x²

⇒4x² - x² = AP²

⇒√3x²  = AP

⇒√3 x = AP

Now,

We can see that,

AP = AO + OP

⇒√3 x  = 20 + √400 - x²

⇒√3 x  - 20 + = √400 - x²

Squaring both side

⇒(√3 x  - 20 )²= (√400 - x²)²

⇒3x² + 400 - 40√3 x = 400 - x²

⇒3x² + x² =  40√3 x

⇒4x² = 40√3 x

⇒x = 10√3

∴ we get

AS = SD = AD = 2(10√3) = 20√3 m

⇒The length of the string of each person = 20√3 m

An employee working 40 hours per week earns a salary of $600 per week but gets a second job offer to work 40 hours per week, hourly at $20 an hour. Which position generates the most income and how much more does that position make? Show your work or explain how you got your answer.

Answers

40 hours per week and earn a salary of 600$

Explanation I got it right on edge

As per the given ratio comparison, We can say that the Second job generates the most income and that position makes him $5 per hour.

What is ratio?

The ratio can be defined as the number that can be used to represent one quantity as a percentage of another. Only when the two numbers in a ratio have the same unit can they be compared. Ratios are used to compare two objects.

Given, An employee working 40 hours per week earns a salary of $600 per week but gets a second job offer to work 40 hours per week, hourly at $20 an hour.

For the first job, we will calculate the ratio of the employee Salary to the working hours to compare with the salary of the Second job:

Since,

He makes $600 per week for working 40 hours

Thus,

His hourly salary = 600/40

His hourly salary will be $15.

For the second job, it is already mentioned that the employee gets $20 per hour for the same working hours.

therefore, the Second job generates the most income and that position makes him $5 per hour.

Learn more about ratios here:

https://brainly.com/question/13419413

#SPJ6

Simon makes a model of a boat, using a scale of 1:30
If the model has a height of 40 cm, find the height of the real boat.

give your answers in metres

Answers

Answer:

12 meters

Step-by-step explanation:

30 times 40 = 1200

100 cm in a meter

1200/100= 12

Patrick drives from P to Q at an average speed of 40 mph . His drive back from Q to P is at an average speed of 45 mph and takes two minutes less. How far, in miles, is it from P to Q?

QUICK ASAP PLS

Answers

Answer:

Step-by-step explanation:

66

A student has a class that is supposed to end at 9:00am and another that is supposed to begin at 9:10am. Suppose the actual ending time of the 9am class is a normally distributed random variable (rv) X1 with mean 9:02am and standard deviation 1.5 minutes. Suppose that the starting time of the 9:10am class is a normally distributed rv X2 with mean 9:10am and standard deviation 1 minute. Suppose further that the time necessary to

Answers

Answer:

0.8340

Step-by-step explanation:

The aim of this question is to find the probability that the student makes it to the second class prior to when the lecture commences.

Provided that A, B, and C are independent of each other from the full complete question.

Then; we want P(A + C < B)

So A [tex]\sim[/tex] N (2, 1.5)

B [tex]\sim[/tex] N (10, 1)

C [tex]\sim[/tex] N (6, 1)

P(A + C - B < 0)

Since they are normally distributed( i.e. A + C - B)

Then;

E(A + C -B) = E(A) + E(C) - (B)

E(A + C -B) = 2 - 10 + 6

E(A + C -B) =  -2

Var(A+C -B) = Var(A) + Var (B) + Var (C)

Var(A + C -B) = (1.5)² + (1)² + (1)²

Var(A + C -B) = 4.25

The standard deviation = [tex]\sqrt{4.25}[/tex]

The standard deviation = 2.06155

[tex]P(A+C-B) = p \Big (Z < \dfrac{0-(-2)}{2.06155} \Big )[/tex]

[tex]P(A+C-B) = p \Big (Z \le 0.97014 \Big )[/tex]

[tex]\mathbf{P(A+C-B) = 0.8340}[/tex]

b. Logan continues the game with this clue: “My decimal is 3 hundredths less
than 3 tenths." Use pictures and/or words to show your thinking.

Answers

Answer:

Step-by-step explanation:

Three tenths is 3/10 or 30/100 so if we take three hundreds from this it is 27 over hundred ( 27/100).

HELP ASAP!!!!!!!!.!!!!

Answers

w, t and y

“Variable, In algebra, a symbol (usually a letter) standing in for an unknown numerical value in an equation. Commonly used variables include x and y (real-number unknowns), z (complex-number unknowns), t (time), r (radius), and s (arc length).”
w, t, and y!! I think

(+12) - (-12) =




Resultado, porque, operación completa, 10 puntos

Answers

24 because the - cancel eachother out.

9. Put these numbers in greatest to least order: 2/3, 60%, 0.06, 3/4

Answers

Step-by-step explanation:

0.0660%2/33/4

hope it's right :)

whats it the anwser for this 27 + y < 10

Answers

Answer:

Simplifying

27 + y = 10

Solving

27 + y = 10

Solving for variable 'y'.

Move all terms containing y to the left, all other terms to the right.

Add '-27' to each side of the equation.

27 + -27 + y = 10 + -27

Combine like terms: 27 + -27 = 0

0 + y = 10 + -27

y = 10 + -27

Combine like terms: 10 + -27 = -17

y = -17

Simplifying

y = -17

Step-by-step explanation:

write the equation of the line that is parallel to y = 4x -7 and passes through the point (-2, -5). show your work.​

Answers

Answer:

y = 4x + 3

Step-by-step explanation:

To do this, put the new line into the form y = mx + b where m is the slope and b is the y-intercept.

When two lines are parallel, they have the same slope. Since, the slope of the first line is 4, that means the slope of the second line is also 4.

So far, the equation is y = 4x + b.

Then, since you know (-2, -5) is a solution, x = -2, y = -5 is a solution so you can plug this into the equation.

This would be:

-5 = 4 * -2 + b

-5 = -8 + b

3 = b

This means the equation is y = 4x + 3.

help me pls someone?

Answers

Go with b because earthquakes happened on land

Is 7 a positive or Negative number?

Answers

positive

Explain: a number can only be negative if it’s below zero. Since the number 7 is above zero, it’ll be a positive number.

In the equation y = mx + b, the "b" is the y-intercept

True
False

Answers

Answer:

False

Hope my answer helps you pls mark me as brainiest :)

Wyatt’s class is having pizza party. Each group of 3 students eats 1 1/2 pizzas.

Answers

What is the question
the answer is 1/2

1 1/2 divided by 3 is 1/2

Type the correct answer in the box. Figure 1 is similar to figure 2. The height of the cone in figure 2 is centimeters.
On Plato!!!

Answers

The height of the cone in figure 2 is 4.5 centimeters.

Similar figure

Two figures are said to be similar if they have the same shape and the ratio of their corresponding sides are in the same proportion.

From the diagram, the two cone are similar. Let h represent the height of the cone in figure 2, hence:

h/3 = 12/8

h = 4.5 cm

The height of the cone in figure 2 is 4.5 centimeters.

Find out more on Similar figure at: https://brainly.com/question/4014697

Answer:

4.5

Step-by-step explanation:

To have $25,000 to spend on a new car in five years, how much money should Jill invest today at 8% compounded monthly?

Answers

Answer:

The answer is C. $16,780

Step-by-step explanation:

Answer:

c, 16,780

Step-by-step explanation:

plato

Please please please help ill do anything ​

Answers

Answer:

Anything??

Step-by-step explanation: (Im joing btw didnt want to offend anyone lol)

x=40

Please help, will make brainliest

Answers

Answer/Step-by-step explanation:

1. Sin A = opp/hyp

Opp = 3

Hyp = 5

[tex] sin(A) = \frac{3}{5} [/tex] (substitution)

[tex] sin(A) = 0.6 [/tex]

2. Sin B = opp/hyp

Opp = 4

Hyp = 5

[tex] sin(B) = \frac{4}{5} [/tex] (substitution)

[tex] sin(B) = 0.8 [/tex]

3. Cos Q = adjacent/hypotenuse

Adjacent = 12

Hypotenuse = 13

[tex] cos(Q) = \frac{12}{13} [/tex] (substitution)

[tex] cos(Q) = 0.9231 [/tex] (4 decimal places)

4. Cos S = adjacent/hypotenuse

Adjacent = 5

Hypotenuse = 13

[tex] cos(S) = \frac{5}{13} [/tex] (substitution)

[tex] cos(S) = 0.3846 [/tex] (4 decimal places)

Help please I will reward you

Answers

Answer:

Add each side of the rectangle together to get the perimeter.

Step-by-step explanation:

Subscribe to Clutch Gam3r on YT

Estimate the value of 50.
O A. between 5 and 6
O B. between 6 and 7
C. between 7 and 8
<
D. between 8 and 9
PLEASE HELPP

Answers

Answer: c

Step-by-step explanation: because 7 squared is 49 and 8 squared is 64

nvm i read the question wrong

Step-by-step explanation:

the person above is correct

Poor Milhouse is hopelessly in love with Lisa. Unfortunately for Milhouse, Lisa does not feel the same way. However, Milhouse remains hopeful, since on any given day independently there is a 6% chance that Lisa smiles at him. (Assume a month has 30 days for this problem.) What is the probability that Milhouse goes longer than a month without a smile from Lisa

Answers

Answer:

15.6%

Step-by-step explanation:

Since each day there is a 6% chance that Lisa smiles at him then that means that each day there is a 94% chance that Lisa does not smile at him. To find the probability of Milhouse going longer than a month (30 days) without a smile from Lisa we need to multiply this percentage in decimal form for every day of the month. This can be solved easily by putting 94% to the 30th power which would be the same, but first, we need to turn it into a decimal...

94% / 100 = 0.94

[tex]0.94^{30}[/tex] = 0.156

Now we can turn this decimal into a percentage by multiplying by 100

0.156 * 100 = 15.6%

Finally, we can see that the probability that Milhouse goes longer than a month without a smile from Lisa is 15.6%

Using the binomial distribution, it is found that there is a 0.1563 = 15.63% probability that Milhouse goes longer than a month without a smile from Lisa.

For each day, there are only two possible outcomes, either Lisa smiles at him, or she does not. The probability that she smiles at him on day is independent of any other day, hence, the binomial distribution is used to solve this question.

Binomial probability distribution

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

The parameters are:

x is the number of successes. n is the number of trials. p is the probability of a success on a single trial.

In this problem:

On any given day independently there is a 6% chance that Lisa smiles at him, hence, [tex]p = 0.06[/tex].Considering a 30 day month, we have that [tex]n = 30[/tex].

The probability that Milhouse goes longer than a month without a smile from Lisa is the probability of no smiles during 30 days, that is, P(X = 0), hence:

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{30,0}.(0.06)^{0}.(0.94)^{30} = 0.1563[/tex]

0.1563 = 15.63% probability that Milhouse goes longer than a month without a smile from Lisa.

To learn more about the binomial distribution, you can take a look at https://brainly.com/question/24863377

Haley draws a picture to show 8 / 2 which picture could be Haley's

Answers

Answer:

..   ..

..   ..

Step-by-step explanation:

8/2=4

what percent of 157 is 119.3​

Answers

Answer:

75.8 is your answer

Step-by-step explanation:

119:157*100 =

(119*100):157 =

11900:157 = 75.8

Answer:

187.301 is 157% of 119.3

Step-by-step explanation:

Tell whether x and y show direct variation. Explain your reasoning. 2x = 3y

Answers

Answer:

YES:  direct variation

Step-by-step explanation:

2x = 3y is equivalent to y = (2/3)x, which has the form of a proportional relationship (direct variation) y = kx.  YES

You do not need to show all of your work for this one. But be sure that you can prove your answer is correct!

Answers

Quick answer :

[tex]\color{plum}m∠ABC = 71° [/tex]

Steps to derive the correct answer :Opposite angles of a parallelogram are equal.Angles on the same side are supplementary.

Which means :

m∠ABC = ∠ADC (opposite angles of a parallelogram)

m∠ABC :

= 37° + 34°

= 71°

Thus, the measure of ∠ABC = 71°

Let us find the measures of the other angles as well :

m∠BCD + m∠ADC = 180°

m∠BCD + 71 = 180°

m∠BCD = 180 - 71

m∠BCD = 109°

Thus, the measure of∠BCD = 109°

m∠BCD = ∠BAD (opposite angles of a parallelogram)

m∠BAD = 109°

Thus, the measure of ∠BAD = 109°

Therefore, m∠ABC = 71°

Answer:

109°

Step-by-step explanation:

Given isosceles trapezoid AB = CD

Angles B and C are congruent and angles A and D are congruent.

A and B, as well as C and D sum to 180 as supplementary angles, therefore:

m∠ABC = 180° - ∠A = 180 - ∠D = 180° - (34°+37°) = 180° - 71° = 109°
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