Veronica has two offers for a $65,000 student loan. The first loan has a 6.3% interest rate for 15 years, and the second loan has a 4.8% interest rate for 20 years. Both loans have interest compounded every month. Veronica is interested in finding the loan that minimizes the amount of interest that she will pay over the life of the loan. Which loan has a lower amount of interest paid?

Answers

Answer 1

The second option has a lower amount of interest paid.

In order to determine the loan option that minimizes loan payment, the future value of both loan options has to be determined.

FV = P (1 + r)^nm

FV = Future value  

P = Present value  

R = interest rate  

m = number of compounding

N = number of years  

First loan option

65000( 1 + 0.063/12)^300 = 312,707.21

Second loan option

65000( 1 + 0.048/12)^240 = 169,435.51

A similar question was answered here: https://brainly.com/question/23082103


Related Questions

A parking lot has 117 spaces total. If 36 of the spaces have cars in them, what is the ratio of empty spaces to filled spaces?

Answers

Answer:

81:36

Step-by-step explanation:

117-36

= 81

Boom answer that's it

The ratio of empty spaces to filled spaces is 9 : 4.

What is proportion ?

A proportion is an equation based on the equality of two ratios.

Here it is given that :

A parking lot has total = 117 spaces

Spaces filled with cars = 36

spaces left = total spaces - space filled with cars

spaces left = 117 - 36

spaces left = 81

Now, the ratio of empty spaces to filled spaces will be :

81 : 36

cancelling common factor that is 9 :

9 : 4

Therefore, the ratio of empty spaces to filled spaces is 9 : 4.

Read more about ratio at:

https://brainly.com/question/17869111

#SPJ2

1. Un restaurant ofrece 14 entradas, 8 platos principales y 7 postres. ¿De cuántas formas un cliente puede ordenar una comida?

2. ¿Cuántos grupos de 4 letras se pueden formar con las letras de la palabra TECNICA?

3. ¿Cuántos números de 4 dígitos se pueden formar con los primeros 7 números naturales?

4. ¿Cuántos partidos distintos se pueden realizar dados 5 equipos de futbol?

5. ¿De cuántas formas pueden colocarse los 11 jugadores de un equipo de fútbol teniendo en cuenta que el portero no puede ocupar otra posición distinta de la portería mientras que los otros 10 pueden jugar en cualquier otra posición que no sea portero?

6. En el palo de señales de un barco se puede izar tres banderas rojas, dos azules y cuatro verdes. ¿Cuántas señales distintas pueden indicarse con la colocación de las nueve banderas?

Answers

Usando técnicas de conteo, se encuentra que

1. Un cliente puede ordenar una comida de 784 formas.

2. 420 grupos de 4 letras se pueden formar con las letras de la palabra TECNICA.

3. 840 números de 4 dígitos se pueden formar con los primeros 7 números naturales.

4. 10 partidos distintos se pueden realizar.

5. Pueden colocarse de 3,628,800 formas.

6. 1260 señales distintas pueden indicarse.

Item 1:

La técnica usada es el principio fundamental de conteo, que afirma que si hay n cosas, cada una con [tex]n_1, n_2, \cdots, n_n[/tex] maneras de seren realizadas, el número total de maneras de ser realizadas es:

[tex]N = n_1 \times n_2 \times \cdots \times n_n[/tex]

En este problema, [tex]n_1 = 14, n_2 = 8, n_3 = 7[/tex], por eso:

[tex]T = 14 \times 8 \times 7 = 784[/tex]

Un cliente puede ordenar una comida de 784 formas.

Item 2:

El orden es importante, ya que TECN es una palabra diferente de NCET, por lo tanto, la fórmula de permutaciones se usa para resolver este problema.

Fórmula de permutaciociones:

El número de permutaciones de x elementos en un conjunto de n elementos es dada por:

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

En este problema, 4 letras de 7, enconteces:

[tex]P_{7,4} = \frac{7!}{3!} = 840[/tex]

La letra C se repite dos veces, o sea:

[tex]T = \frac{P_{7,4}}{2} = \frac{840}{2} = 420[/tex]

420 grupos de 4 letras se pueden formar con las letras de la palabra TECNICA.

Item 3:

Permutaciones de 4 dígitos de 7, sin repeticiones, o sea:

[tex]P_{7,4} = \frac{7!}{3!} = 840[/tex]

840 números de 4 dígitos se pueden formar con los primeros 7 números naturales.

Item 4:

El orden no es importante, ya que Time 1 x Time 2 es la misma partida de Time 2 x Time 1, por lo tanto, la fórmula de combinaciones se usa para resolver este problema.

Fórmula de combinaciones:

El número de combinaciones de x elementos en un conjunto de n elementos es dada por:

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

En este problema, combinaciones de 2 elementos de un conjunto de 5, entonces:

[tex]C_{5,2} = \frac{5!}{2!3!} = 10[/tex]

10 partidos distintos se pueden realizar.

Item 5:

El número de arreglos de n elementos viene dado por

[tex]A_n = n![/tex]

En este problema, arreglo de 10 elementos, o sea:

[tex]A_{10} = 10! = 3628800[/tex]

Pueden colocarse de 3,628,800 formas.

Item 6:

El número de arreglos de n elementos, con repeticiones de [tex]n_1, n_2, \cdots n_n[/tex] elementos viene dado por

[tex]A_n^{n_1,n_2,\cdots,n_n} = \frac{n!}{n_1!n_2! \cdots n_n!}[/tex]

En este problema, [tex]n = 9, n_1 = 3, n_2 = 2, n_3 = 4[/tex], por eso:

[tex]A_9^{3,2,4} = \frac{9!}{3!2!4!} = 1260[/tex]

1260 señales distintas pueden indicarse.

Un problema similar es dado en https://brainly.com/question/19022577

f(x)=2x^2 + x - 6/ x-1

Answers

Answer:

See below

Step-by-step explanation:

Zeroes:

[tex]f(x)=\frac{2x^2+x-6}{x-1}[/tex]

[tex]0=\frac{2x^2+x-6}{x-1}[/tex]

[tex]0=2x^2+x-6[/tex]

[tex]0=(2x-3)(x+2)[/tex]

[tex]x=\frac{3}{2},-2[/tex]

Vertical and Horizontal Asymptotes:

[tex]x\neq 1[/tex] is excluded from the domain, therefore, there's a vertical asymptote at [tex]x=1[/tex]

No horizontal asymptotes as the degree of the numerator is greater than the degree of the denominator by 1.

Oblique (Slant) Asymptote:

[tex]f(x)=\frac{2x^2+x-6}{x-1}=2x+3,R(-3)[/tex], so the oblique/slant asymptote is [tex]y=2x+3[/tex]

11.1 ÷ 3 please tell me

Answers

Answer:

3.7

Just divide 11.1 by 3 in the calculator

Answer:

3.7

Step-by-step explanation:

make me a brainliest

Jasmine wants to make more cleaning solution

Answers

Answer:

here

Step-by-step explanation:

Method 1 Method 1 of 3: Making Liquid Cleaners

Mix equal parts water and vinegar in a spray bottle. Use distilled white vinegar and, if possible, distilled or filtered water.

Add lemon juice to disinfect surfaces. Mix one part lemon juice, one part white vinegar and two parts water in a spray bottle.

Add dish soap for persistent stains on carpet. ...

Tackle tough stains and grime with undiluted vinegar. ...

Determine the value of x. Round to the tenths place. 30/4 65/x​

Answers

wow that's really hard... :) greetings from South Korea My name is Naoyoung nei The abbreviation of Nanda is Naoyoung nei And the name DA is the name of my father and mother

If 2 pizzas cost $16, how much do 4 pizzas cost?

Answers

Answer:

$32

Step-by-step explanation:

$16/2 pizzas = $8 per pizza

($8)(4)=$32

Answer:

$32

Step-by-step explanation:

16/2 is 8. So each pizza costs exactly 8 dollars. You have to do 4x8 which is 32

HELPPPPPPPPPP PLEASE

Answers

Answer:

The answer is in the above attachment.

Answer:

1. 6 x^8 y^5

2. 4 x^5 z^8

3. 12 a^9 b7

4. 6 s^9 t^3

Step-by-step explanation:

1. (3 x^2 y^4) × (2 x^6 y)

= [ (3×2) (x^2 × x^6) (y^4 × y) ]

= 6 x^8 y^5

2. [ (x z^3) × (4 x^4 z^5) ]

= (4 × 1) (x × x^4) (z^3 × z^5)

3. .........

4. ...........

Don't mind me, cause I'm busy

EASY POINTS


f(t)=−3t+4f, left parenthesis, t, right parenthesis, equals, minus, 3, t, plus, 4
f
(
f(f, left parenthesis

)
=
19
)=19right parenthesis, equals, 19

Answers

f() = -5 when f(t) = -3t + 4 is equal to 19. The value of t is -5

The given function is f(t) = -3t + 4. To find the value of f() when it is equal to 19, we substitute 19 in place of f() in the equation.

f() = -3() + 4

Since the value of f() is not provided, we can solve for it by setting the equation equal to 19:

-3() + 4 = 19

To solve for f(), we isolate the variable on one side of the equation. First, we subtract 4 from both sides:

-3() = 19 - 4

-3() = 15

Then, we divide both sides of the equation by -3 to solve for :

/ -3 = 15 / -3

= -5

It's important to note that the notation f() represents the value of the function at a specific point, usually denoted by a specific value in the parentheses. In this case, we were given f() = 19, and our task was to find the corresponding value of . By solving the equation, we determined that = -5 in this scenario.

Therefore, f() = -5 when f(t) = -3t + 4 is equal to 19.

For more such questions on value

https://brainly.com/question/843074

#SPJ8

number 4. and 5.
What is the unit rate for each size?
Which size is a better buy? why?

Answers

Answer:

Step-by-step explanation:

4)

Regular  $4 / 8 cups = $0.50 / cup

Large    $6 / 15 cups = $0.40 / cup

5)

most people would consider the Large to be the better buy because the price per cup is lower.

What is the 5th row of Pascal's triangle?

Answers

Answer:

Row 5 115 161051

Step-by-step explanation:

Ella needs to buy 43 party favors that cost $2.75 each. Estimate the total cost by rounding the number of favors to the nearest ten and cost of each favor to the nearest dollar

A. $118.25
B. $120
C.$129
D.$135

Answers

Answer:

b.$120

Step-by-step explanation:

Party Favors rounded= 40

Dollars rounded= 3

40x3= 120

if there are 60 houses and every house have one kid and there's 30 parts how much kids will have to go to each Park

Answers

Answer:

2 parks

Step-by-step explanation:

Answer:

20

Step-by-step explanation:

There would be 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20

hello, i need help c:

Answers

Answer: there were 50 guests

Step-by-step explanation:

When 5,708,100,000 is written in scientific notation, the decimal number will be multiplied by which power of 10?
the eighth power of 10
the ninth power of 10
the tenth power of 10
the eleventh power of 10

Answers

Answer:

ninth power of 10

Step-by-step explanation:

count the number of digits then subtract 1

Answer:

ff

Step-by-step explanation:

64/ 896 neeed to use dividing decimals

Answers

I believe 64/896 = 0.071

Write a statement that indacates that the triangles in each pair are congruent

Answers

Answer:

The answer would be C

Step-by-step explanation:

Because if you look at the triangles you can where they match up and if you look at the lines you can tell if they match up and C matches that`s how I did it well that`s how I do it when I do math

On what intervals is the function shown in the graph increasing?


A) x<-4 and x > 2
B) x<-4 and -1 < x < 2
C) -4 2
D) -4

Answers

Answer:  [tex]-4 < x < -1[/tex] and [tex]x > 2[/tex]

Explanation:

The graph is increasing when the curve moves uphill as you move to the right. In other words, as x increases, y increases.

The first portion where the graph increases is from x = -4 to x = -1. In the span of -4 < x < -1 is when the graph goes uphill as shown by the red portion below. The blue portion is the second increasing piece that goes on forever upward, and this happens when x > 2.

50 points for the answers to this question

Answers

Answer:

linear, non linear, non linear, non linear

Linear
Linear
Nonlinear
Linear

Hope this helps

For what positive number is the cube of the number greater than twice it’s square

Answers

Answer:

You want to solve the equation

x2=2x3 ,

which is equivalent to

x2(1−2x)=0 .

The product of two factors is zero if and only if one of the factors is zero. Thus, this implies that either  x2=0  or that  1−2x=0 .

In the former case we have  x=0 , which isn’t a positive number. In the latter case you have  x=1/2 , which is the solution that we want.

Step-by-step explanation:

HELP ME OUT PLEASE!!!!!!!!

Which associations best describe the scatter plot?

Select each correct answer

Nonlinear association

Linear association

Negative association

Positive association​

Answers

Answer:

linear association, correct

Answer:

There are two answers: it is Nonlinear association and Linear association

Step-by-step explanation:

Nonlinear association- When comparing two data sets if the data from one set increase, the data from the second set decrease (it basically means a scatter plot that is decreasing).

Linear association- arranged in extending along a straight or nearly straight line.

I also took the test it it was correct.

If right you get brainiest!
A little mermaid can swim 12 miles downstream in the same amount
of time she can swim 8 miles upstream. What is the little mermaid's
speed in still water if the speed of the current is 4 mph?

Answers

Answer:

20 mph

Step-by-step explanation:

time = distance / speed

speed up stream = s - 4

speed down stream = s + 4

time up = time down

8 / (s - 4) = 12 / (s + 4)

cross multiply

8s + 32 = 12s - 48

subtract 8v from both sides

32 = 4s - 48

add 48 to both sides

80 = 4s

Divide both sides by 4

20 = s

20mph

What is the value of the expression?


(323+1715)−(1135+213)


Enter your answer as a mixed number in simplest form by filling in the boxe

Answers

Answer:

690

Step-by-step explanation:

(323+1715)-(1135+213)

(2038)-(1348)

=690

The value of the expression is 690

What is Expression?

An expression is combination of variables, numbers and operators.

The given expression is (323+1715)−(1135+213)

We have to find the value of expression

By using PEMDAS rule we solve the expression

Let us find the value in parenthesis

2038 -1348

We get 690

Hence, the value of the expression is 690

To learn more on Expressions click:

https://brainly.com/question/14083225

#SPJ2


A car travels a distance of 7575 meters in a time of 25 hours. What is the car's speed?

Answers

Answer:

303 miles per hour

Step-by-step explanation:

PLEASE ANSWER FAST BUT CORRECTLY

Answers

Shordy that’s too much work smfh

Answer:

A-quadratic

B [tex]- \infty\leq x\leq \infty[/tex]

C [tex]-1\leq x\leq \infty[/tex]

D -3.7071 and -2.2929

E 17

F (-3, -1)

G(17,0) (-2.2929  -3.7071)

h(17,0)  -3.7071,0)

j even

Trish has 7 cans of dog food for 3 days. She will feed each dog 2 1/3 cans of food each days. If she wants to feed them 3 cans each day how many more cans of food will she need

Answers

Answer:

2 more cans

Step-by-step explanation:

2 1/3 x 3 = 7 cans (this the amount of cans of dog food she has)

3 x 3 = 9

the 3 represents how she wants to feed 3 cans of dog food each day for 3 days; the other 3 represents 3 days

9 - 7 = 2

Simplify the expression ((1/2)^3)^3
Helppp

Answers

the expressions simplified in the exact form would be 1/512.

(x + 1)(x - 1)
I dont understand this could any1 help me

Answers

Answer:

x^2-1

Step-by-step explanation:

you must use the distributive property

first you do x•x=x^2,

then you do x•1 and x•-1 to get x and -x and those cancel out,

the you do 1•-1=-1, then you put it together to get x^2-1

Step-by-step explanation:

It's a factored form of the quadratic equation

[tex] {x}^{2} - 1[/tex]

in the form of [tex] {ax}^{2} + bx + c[/tex]

in which a = 1, b = 0, c = 1.

Help help
Help help help help help

Answers

Answer:

It equals 1.66666666666...

But you can round it to 1.7 if your rounding to the nearest tenth.

It equals 1.666666666
So just round and you get 1.7

Find the difference between 11/5 and 5/2 on a number line

Answers

Answer:

Step-by-step explanation:

number line:

11                             5

_  =  22/10              _  =  25/10

5                             2

1    2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23 24 25

____________________________________________________________

10 1010 10 1010 10 10 10 10 10  10  10  10  10 10  10  10 10  10   10  10   10  10 10

5/2 is 3/10's bigger than 11/5

Other Questions
(3 questions for 50 points)PLZ HELP Let A be a given matrix below. First, find the eigenvalues and their corresponding eigenspaces for the following matrices. Then, find an invertible matrix P and a diagonal matrix such that A = PDP1. (a) [ 3 2 2 3 ] (b) [ 1 1 2 1 ] (c) [1 2 3 0 2 3 0 0 3](d) [3 1 1 1 3 1 1 1 3] The humerus is the bone in a person's upper arm.With this bone as a clue,an anthropologist can tell about how tall a person was.If the bone belongs to that of a female,then height of the person is about (2.75 humerus length)+71.48 cm .Supposed that the humerus of the female.Supposed that the humerus of a female was found to be 31cm long,about how tall was she? Show your solutionNonsense=acc in brainly will be deleted The romans combined many ideas from Greeks like mythology and architecture into their own the poet Virgil wrote the Aeneid and epic poem which was modeled on homers Greek epics the Iliad and the odyssey these are examples of Why do the alveoli fill with fluid. For homework, Tina is asked to write down the opposite value for each number listed. Which comparison did Tina write incorrectly? Wire coils spinning between two magnets will produce ? A: coldB : electricity C: chemicals D: Steam An archer fish spies a meal of a grasshopper slader. when was the first boat of slaves brought to america Write an equation in vertex form for each graph or given information: 31. Vertex (-5, 12) and through the point (-2, 15) what where the events happening in the world at the time of the painting The Creation of Adam was created. what type of rock forms when heat or pressure change an existing rock? Help me pleaseee asap !!! How does a leader avoid emotion Which method of the document interface retrieves an array of all the elements of the specified type?. A 12-in. steel cable weighs 0.428 lb. How much does 12.8 ft. weigh? How can change in passive this belowThis medicine tasks sweet ordered pairs on a vertical line have the same y coordinate. true, sometimes true or not true? HELP!! Formula Y=___x +___ \sf 45-2x=75-3xFree