Sierra is getting a loan to purchase a car, but she has a few options for loan
comparing the cost of each loan to determine which loan will cost the least in terms of interest
paid. (Interest is the fee paid for the use of borrowed money, and it is expressed as a
percentage of the amount borrowed multiplied by the amount of time the borrower takes to
repay the loan.) All of the loan offers are for $10,000, and include an upfront fee of $200. They
are all simple interest loans (as opposed to compound interest loans). Loan A is to be paid back
over five years with an annual interest rate of 6 percent Loan B is to be paid back over four
years with an annual interest rate of 4 percent. Loan C is to be paid back over three years with
an interest rate of 5 percent. How Sierra figure out which loan will require the lowest interest
payments?

Answers

Answer 1

Answer:What would be the interest cost(simple interest) for a $3000 loans with a 8% rate for nine months of a years? [Simple interest= Principal Rate Time. In this case, time is 9/12(for 0.75 of a year).

Step-by-step explanation: The cost to borrow the money, expressed as a percentage of the loan. After you enter the details, the auto loan payment calculator automatically ...A finance charge is the dollar amount that the loan will cost you. Lenders generally charge what is known as simple interest. The formula to calculate ...


Related Questions

Work out the circumference and area of glass needed for the top of a display cabinet which has a diameter of 1.8m

Answers

Answer:The area of a circle with radius 0.2865 is 0.2579

Step-by-step explanation: Area of a circle in terms of radius:

Area = π·r2 = 3.14·0.292 = 0.26 square meters(*)

Area of a circle in terms of diameter:

Area = π·(d

2

)2 = 3.14·(0.57

2

)2 = 3.14·(0.29)2 = 0.26 square meters(*)

Area of a circle in terms of circumference:

Area = C2

= 1.82

= 3.24

(4·3.14)

= 3.24

12.56

= 0.26 square meters(*)

The circumference of circle is 5.652m.

What is Circumference of circle?

The circumference of a circle is its boundary or the length of the complete arc of a circle.

The formula for the circumference of a circle is expressed using the radius 'r' of the circle and the value of 'pi'. It is expressed as, Circumference of a circle formula = 2πr. While using this circumference formula, if we do not have the value of the radius, we can find it using the diameter.

For example:

If the radius of the circle is 25 units, find the circumference of the circle. (Take π = 3.14)

Solution: Given, radius = 25 units

Let us write the circumference formula and then we will substitute the value of r (radius) in it.

Circumference of circle formula = 2πr

C = 2 × π × 25

C = 2 × 3.14 × 25 = 157 units

Therefore, the circumference of a circle is 157 units.

Given:

diameter= 1.8 m

radius= 0.9m

Now, Circumference of circle

=2πr

= 2* 3.14 * 0.9

= 5.652 m

Hence, the circumference of circle is 5.652m.

Learn more about circumference of circle here:

https://brainly.com/question/27177006

#SPJ5

What is 6 3/4 percent of 800

Answers

Answer:

answer is 746.

have a nice day and do good in math

Pls Help I Need This Answer ASAP ​

Answers

Answer:

h = -2

Step-by-step explanation:

1. Simplify the left hand side: 8h = -16

2. DIvide both sides by 8: h = -16 ÷ 8 = -2

Hope this helps!

Answer:

ℎ = − 1 6 /7

Step-by-step explanation:

Step 1: Combine like terms.

ℎ − 8 ℎ + 1 9 ℎ − 5 ℎ = − 1 6

7 ℎ = − 1 6

Step 2: Divide both sides of the equation by the same term.

7 ℎ = − 1 6

7ℎ/7=−16/7

Step 3: Simplify

ℎ=−16/ 7 = Answer

HELP PLEASE NO LINKS!!!

Answers

Answer:

D. 1/(3^8)

Step-by-step explanation:

^^^This is the answer

pocket folders are $0.39 each at the store. If Carolyn paid $7.02, how many did she buy?

Answers

Answer:

18 pocket folders

Step-by-step explanation:

divide 7.02 by .39

Donny jumped from a rock into a lake. The rock is 35 feet above water. He dove 15 feet below the surface of the water. His brother says he traveled 20 feet in all. Donny says he traveled 50 feet in all. Who correct?

Answers

Donny is correct. To solve this problem all you need to do is add 35 to 15 equation below ⬇️

If the Owen family has a child in two years, how much can they expect to spend, per year, to raise the child from its birth to when it is five years old?

Answers

Answer: A. 65,250+139,560= 204,810. 204,810/18=11,378

I hope it is right

Answer:

The answer would be 13,050

Step-by-step explanation:

In order to get the answer, you have to do 65,250 divided by 5 years and you should get 13,050 on your calculator.

9÷108 please tell me

Answers

Answer:

108 ÷ 9 = 12

Step-by-step explanation:

Answer:

0.083333333333333

Step-by-step explanation:


According to the concept of tragic hero, can we consider the happy prince and the swallow tragic heroes?

Answers

Answer:

Both Prince and swallow were alike because both were kind, fully sympathy for the needy and suffering people. Both gave all which was there with them. the swallow gave his own life by carrying out all the errands commanded by the Prince.

Step-by-step explanation:

5.
Use the quadratic model y = -4x^2 - 3x + 4 to predict y if x equals 5.

A. -89

B. -111

C. -411

D. -51

Answers

You should try C I’m not sure but try I guess!

Answer:

B. -111

Step-by-step explanation:

y = -4x^2 - 3x + 4

x = 5

y = -4(5)^2 - 3(5) + 4

y = -4(25) - 15 + 4

y = -100 - 15 + 4

y = -111

...............................................................................................................................................

Please, write -4x^2 (not 04x2).

Then the quadratic model is y = -4x^2 - 3x + 4.

Now substitute 5 for x:  y(5) = -4 (5)^2 - 3(5) + 4

Simplifying,                     y(5) = -4(25) - 15 + 4 = -100 - 11 = -111.

–4x – 5 + 2x = –11
i need help solving for x in this equation

Answers

Answer:

x is 3

Step-by-step explanation:

-2x is -6

2x is 6

x is 3

Answer:

X=3

Step-by-step explanation:

-4(3)=-12

-12-5=-17

2(3)=6

-17+6=-11

Select all the statements that are true for △ABC.A. AH is an altitude.
B. IH is a median.
C. JC is a median.
D. The medians and altitudes intersect at the same point.
E. The altitudes intersect outside of the triangle.

Answers

The relationships between the two medians and an altitude marked on

ΔABC can be used to determine the true statements.

The true statements are;

A. AH is an altitudeC. JC is a median

Reasons:

A median line is a line that extends from the vertex to the midpoint of the

opposite side, bisecting the opposite side.

In the figure, we have;

The median of ΔABC are; JC, and BI

The point of intersection is the point K

The altitude is a perpendicular line from a vertex to the opposite side

known as the base of the triangle.

The given altitude of ΔABC is; AH

Therefore, the statements that are true are;

A. AH is an altitude

C. JC is a median

Learn more about the median line and altitude of a triangle here:

https://brainly.com/question/2141396

https://brainly.com/question/4420798

Please help asap thank you!!

Answers

Answer:

No

yes

No

Step-by-step explanation:

yes it is a scalene triangle

the area of the triangle is 28.5

-7+0.3(-4x+20)+8.8x
Help me plz
This is 8th grade math btw

Answers

Answer:

7.6x−1

Step-by-step explanation:

Expand by distributing terms

−7−1.2x+6+8.8x

Collect like terms.

(−7+6)+(−1.2x+8.8x)

Simplify

−1+7.6x

Regroup terms.

7.6x−1

.
Solve using traditional division: 3,385 31.
109 R6
1009
108 R 37
109

Answers

Answer:

109r6

Step-by-step explanationi got it

30/80=e/40 what is the answer?

Answers

Answer:

15

Step-by-step explanation:

if tan2
x = 3 then value of
x is

Answers

Answer:

If tan2 x = 3 then the value of x is 3. So three is your answer!

Step-by-step explanation:

1. Draw a quadrilateral with 2 parallel sides. It should have 2 pairs of perpendicular lines. ​

Answers

Answer:

draw a rectangle

Step-by-step explanation:

a rectangle has 2 long sides and 2 short ones it has 2 sets of simailer and has 2 perpundicular

Testing a conjecture
What is the distance between -5 and 2?
units
So what do you think the answer would be

Answers

Answer:

the answer is 7

Step-by-step explanation:

pls help!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

72w^3

how: factor 8w^3= 2^3 times w^3

factor 9w= 3^2 times w

multiply each factor with the highest power

2^3 times 3^2 times w^3

=72w^3

Match to the other shape​

Answers

Answer:

wheres the picture?

Step-by-step explanation:

PLEASE HELP!!!!!!!!!!!!!!!!!

Answers

Answer:

7.11[tex]\leq[/tex]-7.1

Step-by-step explanation:

Answer:

Question 1- C. 7.11 > -7.1

Question 2- True

Question 3- -3 < -1 and -3 ≤ -1

Question 4- I don't know

Question 5- {3,4}

Step-by-step explanation:

I ran it through the calculator only on question 4 I didn't know the answer

-Rocketgamer360

A type of bacterium triples in population every hour. Assuming you start with
80 bacteria, the formula that models the number of bacteria at the beginning
of hour nis:
a(n) = 80 • 31-1
How many bacteria will there be at the beginning of hour 5?
A. 19,440
B. 1200
C. 720
D. 6480

Answers

Answer:

Here

Step-by-step explanation:

It is B Because if you do (8 times 3)5 it equals 1200

Can some one double check this for me?

Answers

Answer:

Yep everything is correct!

You jsut multiply the beginning value with out the “0”

And then after that for every zero you see from 10-10000 just add the amount of “0”s.

Answer:

its all correct !!

Step-by-step explanation:

good job!

mark me brainliest :D

The sum of 13 and 3 times a number is 31. What is the number?

Answers

Answer:

6

Step-by-step explanation:

yeah-ya ............... right?

Answer: 6

Step-by-step explanation:

13 + 3 × n = 31

n represents unknown number

13 + 3n = 31

-13           -13

3n = 18

/3      /3

n=6

1, 7, 13, 19, 25
Find the 20th linear term

Answers

Answer:

I think that the answer to your question is 115

explain how the model represents 5/ 1third

Answers

Here is ur perfect answer

Can someone answer these questions? Thank you!

Answers

Answer:

It's not a function

Because it's not a function, you don't have to answer b and c

HELP!! YOU'LL GET BRAINLIEST​

Answers

Answer:

b = 1

Step-by-step explanation:

B because math it’s b

Write the equation of the line that passes through the point (-3, 1) and is perpendicular
3
to a line whose slope is 2

Answers

y = -2x - 5 is the answer; hope this helps
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