20. You owe $1,568.00 on a credit card with a limit of $2,200.00 at an interest rate of 11.3% APR. You pay $300.00/month until it is paid off. How many months does it take you to pay it off?
- 6 months
- 9 months
- 4 months
- 7 months

Answers

Answer 1

Answer:

  (a)  6 months

Step-by-step explanation:

The formula for figuring the monthly payment on an amortized loan can be used for finding the length of time it takes to pay off the loan.

That formula is ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

where A is the monthly payment, P is the principal value of the loan, r is the annual interest rate, and t is the number of years.

__

Using the given information, we can solve for t:

  300 = 1568(0.113/12)/(1 -(1 +0.113/12)^(-12t))

  1 -(1 +0.113/12)^(-12t) = 1568(0.113)/(12(300))

  (1 +0.113/12)^(-12t) = 1 -(1568·0.113)/(12·300) ≈ 0.950782

Taking logs, we get ...

  -12t·log(1 +0.113/12) = log(0.950782)

  t = log(0.950782)/(-12·log(1 +0.113/12)) ≈ 0.448739 . . . . years

This fraction of a year is ...

  (12 months/year)(0.448739 years) = 5.38 months

It will take you 6 months to pay off the loan.


Related Questions

i) Find the first 4 terms in the expansion of
[tex](2 + x ^{2})^{6}[/tex]
in ascending powers of x.
ii) Find the term independent of x in the expansion of
[tex](2 + x ^{2})^{6}(1 - \frac{3}{x {}^{2} } ) {}^{2} [/tex]

Answers

Answer:

(i)  [tex]64+192 x^2+240 x^4+160x^6[/tex]

(ii) 1072

Step-by-step explanation:

Part (i)

Using Binomial series formula:

[tex](2+x^2)^6=2^6+6C1 \cdot 2^{6-1}\cdot x^2+6C2 \cdot 2^{6-2}\cdot(x^2)^2+6C3 \cdot 2^{6-3}\cdot(x^2)^3[/tex]

              [tex]=64+6 \cdot 32\cdot x^2+15 \cdot 16\cdot x^4+20 \cdot 8 \cdot x^6[/tex]

              [tex]=64+192 x^2+240 x^4+160x^6[/tex]

Part (ii)

[tex](1-\frac{3}{x^2})^2=(1-\frac{3}{x^2})(1-\frac{3}{x^2})[/tex]

               [tex]=1-\dfrac{6}{x^2}+\dfrac{9}{x^4}[/tex]

[tex](2+x^2)^6(1-\frac{3}{x^2})^2=(64+192 x^2+240 x^4+160x^6)\left(1-\dfrac{6}{x^2}+\dfrac{9}{x^4} \right)[/tex]

[tex]=64-\dfrac{384}{x^2}+\dfrac{576}{x^4}+192x^2-1152+\dfrac{1728}{x^2}+240x^4-1440x^2+2160+...[/tex]

There is no need to keep expanding since the remaining will include the variable.

Therefore, the term independent of x = 64 - 1152 + 2160 = 1072

find the greatest factor of 29g5h4 19g3h5

Answers

Answer:

gh1

Step-by-step explanation:

19 is prime and 29 is not divisible by 19 therefore 1g is the highest. 5 and 3 are both prime so again, 1h and finally, 5 is a prime number so gh1 is the greatest factor

Among all rectangles that have a perimeter of 188, find the dimensions of the one whose area is largest.

Answers

Always add them all around and then divide the two and you should get the correct answer

How far could the Apostle Paul walk in 4.5 hours if he walked an average of 4.3 kilometers per hour?

Answers

Answer 19.35 km

Step-by-step explanation:

We are looking for the Distance that Apostle Paul walked in 4.5 Hours!

I will be using the formula Distance=rate*time 1)

We DONT know the distance so I'll leave it as variable "D".

We know his rate of walking is 4.3 km/h, and we know he walked for a total of 4.5 hours.

Set up the following equation. D=4.3*4.5 2)

Simplify the equation above: D=19.35

Find simple interest

Principal=rs 4000
Time :2
rate of interest :10%​

Answers

Step-by-step explanation:

please mark me as brainlest

Step-by-step explanation:

Simple Interest is calculated using the following formula: SI = P × R × T/100, where P = Principal , T is time and r is interest rate.

So , by the values given

Principal :-rs 4000

Time :-2

rate of interest :- 10%

[tex] \frac{p \times r \times t}{100} [/tex]

[tex] \frac{4000 \times 10 \times 2}{100} [/tex]

[tex] = 800 \: rs[/tex]

Find measure of <1. (The figure may not be drawn to scale)

Answers

Answer:

t = 55

Step-by-step explanation:

The figure is a  straight line and the sum of angles that make a straight line is 180 degrees

90 + t+ 35 = 180

125+t = 180

Subtract 125 from each side

125 +t-125 = 180-125

t = 180-125

t = 55

In a certain triangle, two of the sides have measures of 13 and 16. If the triangle is isosceles, then which of the following could be the measure of the third side?

A. 3
B. 29
C. 13
D. 32

PLEASEEE help! I think it's A or B

Answers

Answer:

Choice C.

An isosceles triangle always has two sides of the same length.

-1 (1 + 7x) - 6(-7 -x) = 36

Answers

Answer: x = 5

Step-by-step explanation:

    If you need to solve for x,

Given:

-1 (1 + 7x) - 6(-7 -x) = 36

Distribute:

-1 - 7x + 42 + 6x = 36

Combine like terms:

- x + 41 = 36

Subtract 41 from both sides of the equation:

- x = -5

Divide both sides by -1:

x = 5

Find the area of the parallelogram shown below.

Answers

Answer:

144√3 square feet

Step-by-step explanation:

There is a 30°-60°-90° triangle. In this triangle, the longer leg, which is the height of this parallelogram, is √3 times the length of the shorter leg (8 feet). Multiplying base times height, we have

18 * 8√3, which is 144√3 square feet.

what shape is this will give brainliest and all that

Answers

Answer:

that is a Trapezoid

Step-by-step explanation:

it has two lines that are parallel and two lines that are not. crd. MathGeek99

Answer:

I believe it is a Quadrilateral

Step-by-step explanation:

It's a quadrilateral because of how many sides it has and other stuff

Which rectangular equation represents the parametric equations x = t Superscript one-half and y = 2t? y = 4x2 y = 2x2 y = StartRoot 2 x EndRoot y = 2 StartRoot x EndRoot

Answers

The rectangular equation which represents the parametric equations x =t^(1/2) and y = 2t is; y=2x².

Generating equations from Parametric equations

According to the task content;

It follows that the parametric equations given are; x =t^(1/2) and y = 2t.

Since x =t^(1/2), then it follows that; x² = t.

Therefore, by substituting for t in y= 2t, then we have; y = 2x².

Read more on Parametric equations;

https://brainly.com/question/8674159

Answer:

B on edg!

Step-by-step explanation:

just did the assingment

Solve and will mark brainliest

Answers

Answer:

24 degrees

Step-by-step explanation:

24 degrees because

angle a is 24 degrees

and since its the middles and main angle

24 degrees is the answer


One natural number is 4 more than another one. The product of the two numbers is three times the square of the lesser
number. Find the numbers.

Answers

Answer:

2 and 6

Step-by-step explanation:

A kite with diagonals is shown. It has side lengths of 13, 13, 37, and 37. The length from the left point to the middle point is 12, and the distance from the right point to the middle point is 12.
The figure is a kite. What is the length of the kite’s longer diagonal?

5 units
35 units
40 units
48 units

Answers

Step-by-step explanation:

we have to solve 2 right-angled triangles via Pythagoras

c² = a² + b²

with c being the Hypotenuse (the side opposite of the 90° angle).

one triangle is 37, 12 and the longer part of the long diagonal.

the second triangle is 13, 12 and the shorter part of the long diagonal.

the whole diagonal is then the sum of both parts.

37² = 12² + longer part²

1369 = 144 + longer part²

longer part² = 1225

longer part = 35

13² = 12² + short part²

169 = 144 + short part²

25 = short part²

short part = 5

so, the total diagonal is 35 + 5 = 40 units.

The length of the longer diagonal obtained using Pythagorean theorem is 40 units

What is the Pythagorean theorem?

The Pythagorean theorem is a fundamental geometric relationship that states that the square of the hypotenuse side of a right triangle is equivalent to the sum of the squares of the other two sides (the legs). Mathematically, we get

c² = a² + b²

Where a and b are the lengths of the legs  and c is the length of the hypotenuse side of the right triangle.

The diagonals of a kite are perpendicular to each other

The diagonal that is bisected in a kite is the shorter diagonal

The lengths from the left point to the middle and the distance from the right point to the middle are both 12, which indicates that the diagonal from left to right of the kite is bisected, which is the shorter diagonal. Therefore;

The length of the shorter diagonal is; 12 + 12 = 24

Therefore, the longer diagonal forms two right triangles to the left and two right triangles to the right

The hypotenuse length of the right triangles are 37 and 13, while the leg common to both right triangles on each side is half the length of the shorter diagonal, or 12

The Pythagorean theorem indicates that we get;

Length of the longer diagonal = √(13² - 12²) + √(37² - 12²) = 40

The length of the longer diagonal is 40 units

Learn more on Pythagorean theorem here: https://brainly.com/question/30276548

#SPJ2

PLEASE HELP PLEASE I WILL GIVE BRAINLIEST

Answers

Answer:

QUESTION:1:TYLERCOMPLETELY FILLED THE BOX SHOWN BELOW WITH UNIT,CUBES WITH NO GAPS OR OVERLAPS.HE THEN VOUNTED THE NUMBER OF CUBES THAT HE USED TO FILL THE BOX WHAT TYPE OF MESUREMENT IS REPRESENTED BY THE NUMBER OF CUBES TYLER COUNTED?(5.MD.3)A.AREA B.HEIGHT C.VOLUME D.PERIMETER The CORRECT OPTION :C.VOLUME

Step-by-step explanation:

pls brainlest me thank you

Which of the following is a right triangle?
70°
60
30*
249
459
128
90°
45°
/60°
60°
55
559
Triangle A
Triangle e
Triangle C
Triangle D
A. Triangle C
B. Triangle D
C. Triangle A
D. Triangle B
SUBMIT

Answers

Answer:

Triangle C

Step-by-step explanation:

Triangle C contains a 90° angle.

Answer:

Triangle C

Step-by-step explanation:

The right triangle has one side that is 90° the other two sides have to add up to 90° (45 + 45= 90)

A rectangular prism has a base area of 17 cm², and a height of 5 centimeters. What is the volume of the prism?​

Answers

Answer:

85cm^3

Step-by-step explanation:

Volume = Base Area * Height

17*5=85

Perimeter of following rectangle mixed number in simplest form 1 1/3 ft 5/8 ft

Answers

Answer: 3 11/12

Step-by-step explanation:

1 1/3 * 2 = 2 2/3

5/8 * 2 = 1 1/4

2 2/3 + 1 1/4 = 3 11/12

A mother invests $7000 in a bank account at the time of her daughter's birth. The interest is 18) compounded quarterly at a rate of 8%. What will be the value of the daughter's account on her twentieth birthday, assuming no other deposits or withdrawals are made during this period?

Answers

well, from birth to your twentieth birthday that'll just be 20 years, so

[tex]~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$7000\\ r=rate\to 8\%\to \frac{8}{100}\dotfill &0.08\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{quarterly, thus four} \end{array}\dotfill &4\\ t=years\dotfill &20 \end{cases} \\\\\\ A=7000\left(1+\frac{0.08}{4}\right)^{4\cdot 20}\implies A=7000(1.02)^{80}\implies A\approx 34128.07[/tex]

Harry is scuba diving off the coast of Australia. When he is ready to come back to the surface, he rises 12 meters at a safe speed. He climbs 15 centimeters every second. How many seconds will it take him to reach the surface?

Answers

12x60= 720cm
720: 15= 48 seconds

A Florida newspaper reported on the topics that teenagers most want to discuss with their parents. The​ findings, the results of a​ poll, showed that​ 46% would like more discussion about the​ family's financial​ situation, 37% would like to talk about​ school, and​ 30% would like to talk about religion. These and other percentages were based on a national sampling of 532 teenagers. Estimate the proportion of all teenagers who want more family discussions about school. Use a ​95% confidence level.

Answers

Answer:

En la Imagen adjunta

Step-by-step explanation:

Toca Para Abrir Imagen

Espero haberte ayudado si es así dame Corona

29. An acting improvisation class divides into 6 teams that each have at
most 4 students.
a. Write and solve an inequality to represent the number of students
in the class.
b. Each team has at least two students. Could there be 20 students in
the class? Explain why or why not.

Answers

The inequality that represent the number of students in the class is x ≤ 24. They could be 20 students

What is an inequality?

An inequality is an expression that shows the non equal comparison of two or more numbers and variables.

Let x represent the number of students in the class, hence:

x ≤ 6(4)

x ≤ 24

If each team has at least 2 students:

x ≥ 6(2)

x ≥ 12 and x ≤ 24

The inequality that represent the number of students in the class is x ≤ 24. They could be 20 students

Find out more on inequality at: https://brainly.com/question/24372553

Complete the sentence with the correct word in
parentheses.
1- My friend's children have no
(manners / impression). When we were at a restaurant last
night, they were running around the restaurant and talking
loudly.
2- It was hard for Laxmi to make eye contact with his boss,
because in his country that does not show
(gesture / respect).
3- In the experiment, the researchers studied the
(behavior / activity) of the
children as they interacted with adults.
4- I try to
(interrupt / avoid) going
outside when it's very cold.

Answers

Answer:

1- manners

2-respect

3-behaviour

4-avoid

Answer:

1- manners

2- respect

3- behavior

4- avoid

f(x) = x^1/2 is continuous for all x but not differentiable at x=0. is it True or False?

Answers

Answer:

it's true because the x=0 and that why it must be true FX may be the some I would say it's true

How could you demonstrate that the force of gravity acting on an object is proportional to the mass of the object?

Answers

Answer:

F = mg

Step-by-step explanation:

g is the constant of proportionality and force is the product of mass and the acceleration due to gravity

f is directly proportional to m, therefore, f = mg

Which number is a common multiple of 2 and 4?
A) 14
B) 24
C) 26
D) 34
LAST QUESTION MORE POINTS LETS TAKE IT TO 100!

Answers

Answer: B) 24

Step-by-step explanation:

      All of these are multiples of 2 since they are all even numbers, so we will look to see which is a multiple of four.

Multiples of four are 4, 8, 12, 16, 20, 24, 28, 32, 36, 40, etc.

      I bolded and underlined 24 because it is in the list of options. B) 24 is a common multiple of 2 and 4.

24 / 2 = 12

24 / 4 = 6

how do I write this out? Expand to write an equivalent expression…
1/2(-4x + 2y)

Answers

Answer:

-2x + y

Step-by-step explanation:

This is distributive property, so multiply the terms inside the parentheses by 1/2.

1/2 (-4x) = -2x

1/2(2y) = y

-2x + y

EXPLAIN AND SOLVE THE EQUATION

Answers

Answer:

1st answer: 61000+(X-1) x 700

2nd answer: 64500

Step-by-step explanation:

Since it says the population increases linearly, which means by the same amount, it is an arithmetic progression. So the formula to find a term in arithmetic progression is [tex]T_{n}[/tex]=a + ( n - 1 ) x d , where a is the first term, n is number of terms, and d is common difference. So now just put the values in the equation, where 61000 is a, x is n and d is 700. To find second answer put 6 in place of n as it says from 2003 to 2009 which is 6 years later.

The answer is 64500. Hopefully that helps

Hey! Does can anyone help me with this? Thank you!

Answers

Answer:

=x^3/4

Step-by-step explanation:

(x^1/2)(x^1/4)

same base

1/2+1/4

=3/4

=x^3/4

Read the sentence. Patriots, people who supported freedom from England, were especially angry when British soldiers overtook their homes. What type of phrase is people who supported freedom from England?

Appositive

Fragment

Participial

Prepositional

Answers

Answer: Fragment.

Step-by-step explanation:

A Fragment phrase can be defined as a sentence that resembles a sentence but lacks delivering a complete idea. This sentence serves as a dependent clause in a sentence.

The given sentence is an example of a fragment phrase or sentence. Though the phrase appears to be a sentence but it lacks complete idea because we don't know about which 'people' is it talking about.

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