ANSWER FAST PLZZZZZ Give examples of a simple interest amortized loan with fixed monthly payments.

this is amortization or something

Answers

Answer 1

The fixed monthly payment for this loan is $186.07.

Each month, the borrower will make a payment of $186.07, which will include both interest and principal.

The interest portion of the payment will decrease over time, while the principal portion will increase until the loan is fully paid off at the end of the 5-year term.

What is simple interest?

It is the interest calculated on the principal at a given rate for a time period.

We have,

Here is an example of a simple interest-amortized loan with fixed monthly payments:

Loan amount: $10,000

Interest rate: 5% per year (0.42% per month)

Loan term: 5 years (60 months)

To calculate the fixed monthly payment, we can use the formula:

P = (Pv x r) / (1 - (1 + r)^(-n))

where:

P = monthly payment

Pv = present value of the loan (the amount borrowed)

r = monthly interest rate

n = total number of payments

Substituting the given values,

P = (10,000 x 0.0042) / (1 - (1 + 0.0042)^(-60))

P = $186.07 (rounded to the nearest cent)

Therefore,

The fixed monthly payment for this loan is $186.07.

Each month, the borrower will make a payment of $186.07, which will include both interest and principal.

The interest portion of the payment will decrease over time, while the principal portion will increase until the loan is fully paid off at the end of the 5-year term.

Learn more about simple interests here:

https://brainly.com/question/25845758

#SPJ2


Related Questions

consider the equation of the line y=-2x+4 what is the value of y when x=2​

Answers

Answer: The value of y is 8

Step-by-step explanation:

Since we know x=2 we can sub in 2 for x in the equation

y=2(2)+4

y=4+4

y=8

Which of the above numbers is the value of expression equal to?

3.5x105 +4.0 x106 - 2.0 x104

A. 3.542 x 10^5

B. 7.3 x 10^5

C. 4.15 x 10^6

D. 4.33 x 10^6

E. 4.37 x 10^6

Answers

Answer:

D.

[tex]4.33 \times {10}^{6} [/tex]

E is your right answer for this question have a nice day

What is the slope of the line that passes through the points (3,4) and (0,-2)

Answers

Answer:

slope of a line is 2/3

Step-by-step explanation:

the coordinate points are:

(3,4)=(x1 , y1)

(0,-2)=(x2 , y2)

slope=y2 - y1/x2 - x1

=-2-4/0-3

=-2/-3

=2/3

Un deposito de agua tiene forma de prisma rectangular con los lados de la base de 25 y 20 metros. Calcula la altura que pueda contener 1000 metros cúbicos de agua

Answers

Answer:

La altura del depósito para que pueda contener 1000 metros cúbicos de agua es 2 m.

Step-by-step explanation:

Para calcular el volumen de un prisma rectangular, es necesario multiplicar sus 3 dimensiones: longitud*ancho*altura. El volumen se expresa en unidades cúbicas.

En este caso, se conoce la longitud y el ancho, cuyos valores son 25 y 20 metros. A su vez, se sabe que el depósito de agua debe contener 1000 m³. Entonces, siendo:

Volumen= longitud*ancho*altura

Y reemplazando los valores se obtiene:

1000 m³= 25 m* 20 m* altura

Resolviendo:

1000 m³= 500 m²* altura

[tex]altura=\frac{1000 m^{3} }{500 m^{2} }[/tex]

altura= 2 m

La altura del depósito para que pueda contener 1000 metros cúbicos de agua es 2 m.

What is the answer and how did you get it

Answers

answer is 200 lol pretty easy

Answer:

He sold 200 loaves

Step-by-step explanation:

if he sells twice as many the next week the equation would be

100 times 2 = x

therefore, the answer is 200

What is the arc length if θ = 2 pi over 3 and the radius is 4 cm?
8 pi over 3
16 pi over 3
pi over 6
3 pi over 4
will give brainiest

Answers

my answer is in the image above

Answer:

8 pi/3

Step-by-step explanation:

The arc length is equal to the radius times the angle ( given in radians)

s = r theta

s = 4 *(2 pi /3)

s = 8 pi/3

the furniture store sells dining room tables and chairs. single chairs for particular table sell for 75.00 each. the cost for four chairs when the customer purchases the entire set is 200. what is the percent savings on the 4-chair set rounded to the nearest whole percent?
a.25%
b.33%
c.50%
d.66%

Answers

Answer:

B, 33%

Step-by-step explanation:

Let us find the original price of four chairs without the special deal, and compare it with the deal to find the percent savings.

Step 1:

A customer must buy 4 chairs costing $75 each to recieve the deal. Let us multiply 4 by 75 to find the total cost without the deal:

[tex]4*75=\\300[/tex]

Step 2:

We now know the original cost of the 4 chairs, and the price of 4 chairs with a deal. Let us subtract the difference of costs and convert it into a percentage to find percent savings:

[tex]300-200=100\\\frac{100}{300} =\frac{1}{3}[/tex]

[tex]\frac{1}{3}=33[/tex]%

Therefore, B, the percent savings is 33%.

I hope this helps! Let me know if you have any questions :)

4x-8y less than or equal to -16

Answers

Answer:

x=0, y=2

Step-by-step explanation:

if you substutute the answers you will get the correct answer

Angle Measurements 1”” degree help find out what’s the other side

Answers

Answer:

80 degree

Step-by-step explanation:

missing angle + 100 degree = 180 degree (being co interior angles )

missing angle = 180 - 100

missing angle 80 degree

A counter in Spencer's kitchen is 4 feet wide and 8 feet long. Spencer wants to replace the
counter with a granite countertop, which would cost $19.00 per square foot. How much would
the granite countertop cost?

Answers

Answer:

The granite countertop will cost $ 608.

Step-by-step explanation:

Given that a counter in Spencer's kitchen is 4 feet wide and 8 feet long, and Spencer wants to replace the counter with a granite countertop, which would cost $ 19.00 per square foot, to determine how much would the granite countertop cost the following calculation must be performed:

(4 x 8) x 19 = X

32 x 19 = X

608 = X

Therefore, the granite countertop will cost $ 608.

Write an equivalent expression in expanded form. -1/4(-8x+12)

Answers

Answer:

2x - 3

Step-by-step explanation:

The Distributive Property of Multiplication applies here.  Multiply each of the two terms inside parentheses by-1/4:  2x - 3

Samantha is creating concrete spheres for a weight-lifting competition. One of the spheres needs to have a weight of 350 pounds. Samantha knows that concrete weighs 150 pounds per cubic foot, in feet, of the sphere that Samantha will create? ​

Answers

The volume occupied by a 350 pound sphere is 2.33 ft³.

Equation

Equation is an expression used to show the relationship between one or more numbers and variables.

Let y represent the weight of the sphere in pounds and x represent the volume in feet³, hence:

y = 150x

For a 350 pounds sphere:

350 = 150x

x = 2.33 ft³

The volume occupied by a 350 pound sphere is 2.33 ft³.

Find out more on equation at: https://brainly.com/question/13763238

If there was a total of 80 vehicles an a percentage of 70% of cars how much car was used

Answers

Answer:

56

Step-by-step explanation:

I don't quite understand your question but I assumed you meant what is 70% of 80

UHHH HELP ME !!
**
Which description is paired with its correct expression?
5
VX
4-
P
+3
O four less than the quotient of a number cubed and seven, increased by three;
O five times the difference of a number squared and six; 5(6-n")
-4.
O nine more than the quotient of six and a number cubed, decreased by four;
9+
twice the difference of nine and a number squared; 2 (9_n? )

Answers

Answer:

the last option is the correct answer

A baseball team has nine players whose weight, in pounds, are

174, 177, 194, 162, 196, 169, 187, 192, 178


Find the median and range of those weights

------

(I have to find the mistake in the student sample below)

174, 177, 194, 162, 196, 169, 187, 192, 178

The median is 196


196 - 162 = 34

The range is 34
HELP ME

Answers

The student forgot to sort the values first.

The sorted data set is {162, 169, 174, 177, 178, 187, 192, 194, 196}

Cross off the first four items, and cross off the last four items. You'll find that 178 is the only thing left, so it's right in the middle. This is the median.

Another way to find the median is to notice that there are n = 9 items in the list, so n/2 = 9/2 = 4.5 which rounds to 5 represents the slot number where the median is located. The value 178 is in slot 5. This trick only works if n is odd.

The range is the difference between the min and max, so,

range = max - min = 196-162 = 34

The student got the range part correct.

---------------------

Summary:

Median = 178

Range = 34

what is the diameter radius are and circumference of this circle

Answers

The Radius is the distance from the center outwards. The Diameter goes straight across the circle, through the center. The Circumference is the distance once around the circle.

Answer:

d = 1.59   c = 5

Step-by-step explanation:

The formula to calculate the area of a circle is

A =  π  r ^2

This means that if  r =  5 cm, the area is  

A =  5^2  π  cm ^2  =  25 π  cm^ 2 ≈

 78.539816 cm^ 2

 

The Sum of two numbers is 25. One of the numbers exceeds the other by 9. Find the numbers.

Answers

Answer:

8 and 17

Step-by-step explanation:

Let the number x and y

Sum of numbers, x + y = 25 -----------( 1 )

One number exceeds other by 9,

 that is difference between the numbers is 9, x - y = 9

                                                                       => x = 9 + y   --------- ( 2 )

Substitute ( 2 ) in ( 1 )

( 9 + y ) + y = 25

2y = 25 - 9

2y = 16

y = 8

Substitute y = 8 in ( 2 ) : x = 9 + y

                                        = 9 + 8 = 17

Therefore the 2 numbers are 8 and 17

Answer:

The answer would be that one number is 8 and the second is 17.

The sum of these two numbers is 25, ad 17 and 8 have a difference of 9

Step-by-step explanation:

The histogram below shows the grade ranges for Mrs. Granderson's class.
Student Scores on Test 4
10
8
6
Prequency
60-69
70 - 79
80 - 89
90 - 100
How many students earned an 80 or better on Test 4?
There were
students who earned an 80 or better on the test.

Answers

The answer is 14 , 14 student made 80 or better on test 4

Answer:

The answer is 14.

Step-by-step explanation:

All you had to do was add all the amount of students that scored 80 to 100 and you would have got your answer.

Please answer correctly !!!!! Will mark Brianliest !!!!!!!!!!!!!!

Answers

Answer:

It is 300.88.

Step-by-step explanation: In order for the perimeter of the base to be 18.2, the length and width would have to be 9.1, knowing this, you can plug it into the formula for a pyramid like usual with the height provided.

Which best describes the circumcenter of a triangle?
• A. The point where the three angle bisectors of the triangle inters

B. The point where the perpendicular bisectors of the three sides
the triangle intersect
• c. The point where the three altitudes of the triangle intersect
D. The point where the three medians of the triangle intersect

Answers

Answer:

B

Step-by-step explanation:

Not much to say but that i the definition.  You sing the midpoint of each side, make a perpendicular line and see where the three perpendicular bisectors intersect.  

A is the incenter, C sounds like the Orthocenter and D sounds like the centroid.

Aside from being able to tell from the parts of the words, you just kinda have to memorize these.  

what is the solution to the equation below sqrt x-2 = x-22​

Answers

Answer:

27-2 =27-22

25. =5

the answer is option B

x=27

Answer:

option B : x = 27

Step-by-step explanation:

A 3-member committee has to be formed from 2 teachers and 2 parents. How many combinations are possible?

Answers

Step-by-step explanation:

the answer is in the above image

The number of combinations possible if a 3-member committee has to be formed from 2 teachers and 2 parents is 4 combinations

Combination and permutation

Combinations have to do with selection compared to permutation that has to do with the arrangement.

If a 3-member committee has to be formed from 2 teachers and 2 parents, the total committee is given as:

Total committee members  = 2 + 2

Total committee members = 4 committees

If 3-member committee has to be formed from them, the number of ways this can be done is given as:

4C3 = 4!/(4-3)!3!
4C3 = 41/3!
4C3 = 4 ways

Hence the number of combinations possible if a 3-member committee has to be formed from 2 teachers and 2 parents is 4 combinations

Learn more on combination here: https://brainly.com/question/11732255

In circle H with mZGHJ = 92°, find the angle measure of minor arc GJ

Answers

Answer:

x = 92°

Step-by-step explanation:

The angle measure of the central angle is congruent to the measure of the intercepted arc.

Help please? Not good at math :(

Answers

Answer:

see below

Step-by-step explanation:

a = -2  b = 4  c = -8

b^2 - 4ac

4^2 - 4( -2) (-8)

16 - (64)  Three negatives multiplied together is negative

-48

Since this is negative there are no real solutions  ( 2 complex solutions)

What are the missing variables? Plzzzz

Answers

Answer:

D. x ≈ 3.3, y = 15.7

Step-by-step explanation:

x = Opposite

y = Adjacent

16 = Hypotenuse

θ = 12°

To find x, we solve using the Trigonometric function of Sine

sin θ = Opposite/ Hypotenuse

x = Opposite

sin 12 = x/16

Cross Multiply

x = sin 12 × 16

x = 3.3265870531

Approximately, x ≈ 3.3

To find y, we solve using the Trigonometric function of cosine

cos θ = Adjacent/ Hypotenuse

y = Adjacent

cos 12 = y/16

Cross Multiply

y = cos 12 × 16

y = 15.650361612

Approximately, y ≈ 15.7

Therefore, x ≈ 3.3, y = 15.7

Option D is correct

A line of best fit....?

a) must pass through the median of the data
b) must pass through the origin
c) represents the trend of the data
d) must have a positive slope

Answers

I’m pretty sure the correct answer is C

jackie wants to learn more about local college. which of the following is a statistical question jackie could ask?
A. does the collage have art classes
B. what is the address of the college
C. how old are the student's
D. does the collage have a women's soccer team

Answers

the answer to this question is C
Hi! The answer to the question is C. because a statistical question is a question that can be answered by collecting data that vary. The only question that can be proved by data is number C. I hope this helped you, Goodluck :)

Solve the system of equations by graphing on your own paper. What is the y
coordinate of the solution?
= 2x-1
= -2x+5

Answers

Answer: The coordinate of the solution is (0.25,-0.5)

Step-by-step explanation:

the solution is (0.25,-0.5) because when you graph them on a graph, they both intercept at that point.

Jaclyn estimates that the square root of 50 in the following way:


[tex]\sqrt{50[/tex] = [tex]2 \sqrt{25[/tex] = 2 * 5 = 10

Explain why her reasoning is incorrect. Please use complete sentences.

Answers

[tex]\sf\purple{The\: square\: root \:of \:50\: is\: 5√2.}[/tex]

[tex]\large\mathfrak{{\pmb{\underline{\blue{Step-by-step\:explanation}}{\blue{:}}}}}[/tex]

Error made by Jaclyn

[tex] \sqrt{50} [/tex]

[tex]\sf\red{=\:2√25}[/tex] ❌

Correct way to solve it

[tex] \sqrt{50} \\ \\ = \sqrt{5 \times 5 \times 2} \\ \\ = \sqrt{ {5}^{2} \times 2} \\ \\ = \sqrt{ {5}^{2} } \times \sqrt{2} \\ \\ = 5 \sqrt{2} \\ \\ (∵ \sqrt{ {a}^{2} } = a)[/tex]

[tex]\bold{ \green{ \star{ \orange{Mystique35}}}}⋆[/tex]

A researcher is concerned about the impact of students working while they are enrolled in classes, and she likes to know if students work too much and therefore are spending less time on their classes than they should be. The researcher chooses a sample of 150 students and found that the sample mean is 7.10 hours and the sample standard deviation is 5. Construct a 90% confidence interval estimate of the mean hours a week students are working. a. What is the point estimate: _____________b. Find the critical value: ________________ Round to 3 decimal places. c. What is the margin or error: __________________ Round the answer to three decimal places d. Construct the confidence interval: Express the answer as (x,x), ______________ round to one decimal place. e. State the final Conclusion.

Answers

Answer:

(a) Point estimate = 7.10

(b) The critical value is 1.960

(c) Margin of error = 0.800

(d) Confidence Interval = (6.3, 7.9)

(e) We are 90% confident that the average number of hours worked by the students is between 6.3 and 7.9

Step-by-step explanation:

Given

[tex]\bar x = 7.10[/tex] -- sample mean

[tex]\sigma=5[/tex] --- sample standard deviation

[tex]n = 150[/tex] --- samples

Solving (a): The point estimate

The sample mean can be used as the point estimate.

Hence, the point estimate is 7.10

Solving (b): The critical value

We have:

[tex]CI = 90\%[/tex] --- the confidence interval

Calculate the [tex]\alpha[/tex] level

[tex]\alpha = 1 - CI[/tex]

[tex]\alpha = 1 - 90\%[/tex]

[tex]\alpha = 1 - 0.90[/tex]

[tex]\alpha = 0.10[/tex]

Divide by 2

[tex]\frac{\alpha}{2} = 0.10/2[/tex]

[tex]\frac{\alpha}{2} = 0.05[/tex]

Subtract from 1

[tex]1 - \frac{\alpha}{2} = 1 - 0.05[/tex]

[tex]1 - \frac{\alpha}{2} = 0.95[/tex]

From the z table. the critical value for [tex]1 - \frac{\alpha}{2} = 0.95[/tex] is:

[tex]z = 1.960[/tex]

Solving (c): Margin of error

This is calculated as:

[tex]E = z * \frac{\sigma}{\sqrt n}[/tex]

[tex]E = 1.960 * \frac{5}{\sqrt {150}}[/tex]

[tex]E = 1.960 * \frac{5}{12.25}[/tex]

[tex]E = \frac{1.960 *5}{12.25}[/tex]

[tex]E = \frac{9.80}{12.25}[/tex]

[tex]E = 0.800[/tex]

Solving (d): The confidence interval

This is calculated as:

[tex]CI = (\bar x - E, \bar x + E)[/tex]

[tex]CI = (7.10 - 0.800, 7.10 + 0.800)[/tex]

[tex]CI = (6.3, 7.9)[/tex]

Solving (d): The conclusion

We are 90% confident that the average number of hours worked by the students is between 6.3 and 7.9

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