Answer:
Answer is A.
Step-by-step explanation:
Charles needs a $10,000 loan in order to buy a car. Which loan option would allow him to pay the LEAST in interest? A) A 2-year loan with a 4.75% interest rate compounded annually. B) A 3-year loan with a 4.00% interest rate compounded annually. C) A 4-year loan with a 3.75% interest rate compounded annually. D) A 5-year loan with a 3.00% interest rate compounded annually.
formula used : [tex]\sf A = P(1 + \dfrac{r}{n})^{nt}[/tex]
============================
✔A) A 2-year loan with a 4.75% interest rate compounded annually.
[tex]\hookrightarrow \sf A = 10,000 (1 + \dfrac{4.75\%}{1})^{(1)(2)}[/tex]
[tex]\hookrightarrow \sf A = \$10,972.56[/tex]
interest : $10,972.56 - $10,000 = $972.56B) A 3-year loan with a 4.00% interest rate compounded annually.
[tex]\hookrightarrow \sf A = 10,000 (1 + \dfrac{4.00\%}{1})^{(1)(3)}[/tex]
[tex]\hookrightarrow \sf A = \$11248.64[/tex]
interest : $11,248.64 - $10,000 = $1248.64C) A 4-year loan with a 3.75% interest rate compounded annually.
[tex]\hookrightarrow \sf A = 10,000 (1 + \dfrac{3.75\%}{1})^{(1)(4)}[/tex]
[tex]\hookrightarrow \sf A = \$11586.50415[/tex]
interest : $11,586.50415 - $10,000 = $1586.5D) A 5-year loan with a 3.00% interest rate compounded annually.
[tex]\hookrightarrow \sf A = 10,000 (1 + \dfrac{3.00\%}{1})^{(1)(5)}[/tex]
[tex]\hookrightarrow \sf A = \$ 11592.74074[/tex]
interest : $11,592.74074 - $10,000 = $1592.74Thus loan of 2-year loan with a 4.75% interest which is compounded annually will allow him to pay the least interest of only $972.56.
The least interest is 972.56 dollars. Then he has to select a 2-year loan with a 4.75% interest rate compounded annually.
What is compound interest?Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.
We know that the formula for the amount will be
[tex]A = P (1 + r) ^t[/tex]
A = Amount
P = Loan amount
r = rate of interest
t = time
The interest is given as
Interest = A - P
Charles needs a $10,000 loan in order to buy a car.
A) A 2-year loan with a 4.75% interest rate compounded annually. Then the amount will be
[tex]\rm A = 10000(1.0475)^2\\\\A = 10972.56[/tex]
Then the interest will be
Interest = 10972.56 - 10000
Interest = 972.56
The amount of interest is $972.56.
B) A 3-year loan with a 4.00% interest rate compounded annually. Then the amount will be
[tex]\rm A = 10000(1.04)^3\\\\A = 11248.64[/tex]
Then the interest will be
Interest = 11248.64 - 10000
Interest = 1248.64
The amount of interest is $1248.64.
C) A 4-year loan with a 3.75% interest rate compounded annually. Then the amount will be
[tex]\rm A = 10000(1.0375)^4\\\\A = 11586.50[/tex]
Then the interest will be
Interest = 11586.50 - 10000
Interest = 1586.50
The amount of interest is $1586.50.
D) A 5-year loan with a 3.00% interest rate compounded annually. Then the amount will be
[tex]\rm A = 10000(1.03)^5\\\\A = 11592.74[/tex]
Then the interest will be
Interest = 11592.74 - 10000
Interest = 1592.74
The amount of interest is $1592.74.
More about the compound interest link is given below.
https://brainly.com/question/25857212
This chart shows the number of eggs laid each month by my pet chicken, Drakestail:
(picture below)
What is the greatest average number of eggs per month laid by Drakestail during a period of 5 consecutive months?
("Consecutive" means "back to back". For instance, January and February are consecutive, but January and March aren't.)
ASAP PLEASE! GIVING OUT 20 POINTS
Answer:
But the average is (21 + 23 + 22 + 24 + 15)/5 =
21 eggs, Forgive me if im wrong.
Step-by-step explanation:
Please Help Me! I have test on Monday!
Answer:
The answer you get will be 2/7 or 4/14
brainliest if it is right
Answer:
18.8
Step-by-step explanation:
multiply pi by the diameter (6 cm) and you get the circumference
hope that helps
Answer:
[tex]6 / \pi = 1.91[/tex] ≈ [tex]2\pi r = 2 * \pi * 6[/tex] ≈ [tex]37.69~nearest~hundredth[/tex]
Hope it helps and hope it's right.
ill give brainliest for the answer and no guessing
Answer:
12350%
Step-by-step explanation:
. 76 - 34 = 42
. 42 divided by 34 = 1.23529411765
. 1.23529411765 multiplied by 100 = 123.529411765
. 123.529411765 ≈ 123.5 * 100 = 12350%
Apple decided to walk [tex]9\frac{3}{10}[/tex]mi from his house to the beach. In the first hour, he walked [tex]3\frac{4}{5}[/tex]mi. In the second hour he walked [tex]2\frac{9}{10}[/tex]mi. How much farther did he have to go?
Please show your work!
Could anyone please help me with these questions? PLEASE show all the work and I'll give u the brainiest.
1. A circle has a diameter from (8,2) to (0,2). Find the coordinates of the center of the circle and find the area. Use 3.14 as pi.
2. An amusement park just build a brand new Ferris wheel. But the Ferris wheel rolled 4 revolutions before coming to stop. The diameter of the Ferris wheel is 520 feet. What's the area of the circle? <----I'm not sure what was the question at the end I'm sorry but I think it was that.
Answer:
2. 212264
Step-by-step explanation:
Area of circle: 3.14(r^2)
we need to divide the 520 in half first
520/2 = 260
Now we do the equation!
3.14(260^2)
We get 212264 as our final answer :)
Havea great day!!
Please rate!!
BRAINLIEST! IF CORRECTT PLS HELP
Using a number that can be divided into both the numerator and denominator, find an equivalent fraction for this fraction.
4/6
A.1/2
B.2/3
C. 1/3
Can somebody please help me with this? Thank youuuu
Answer:
a. (5x+75)°
b. x = 21
c. X° = 21° and (4x+75)°= 159°
Step-by-step explanation:
A. Combine like integers.
B. (5x+75)°=180° Because they are suplementary angles.
5x°= 105°
5x ÷5 = 105 ÷ 5
x = 21
C. (4x + 75)°
4(21) + 75
84 + 75 = 159°
HELP!!! please 50 pt reward!!!!!!
Answer:
Divide 22/5 by 4.4 and multiply by 7
Step-by-step explanation:
brainliest if it is right
Answer:
Radius: about 1.42 mm
Step-by-step explanation:
First, you divide the circumference (8.9) by 3.14, or π.
Cirucmference(8.9) divided by π(3.14) = the diameter (2.83439490446)
Diameter (2.83439490446) divided by 2 = radius (1.41719745223)
Now, you have to round to the nearest hundredth.
1.41719745223 rounded to the nearest hundredth is 1.42 because the second number after the decimal is your hundredths place. If the number after the decimal is 4 or less, just remove all of the digits to the right. If it's five or more, like this case where it is 7, you add 1 to the hundredths place, then you remove all of the digits to the right.
Hope this helped :)!
Solve this problem using the part-to-whole method
_____________________________________________________
Sofia went to the bakery and bought 12 cupcakes. Out of the 12 cupcakes, she has 3 chocolate flavored. What is the percentage of chocolate cupcakes?
Help. Me. Please. Pt1
Answer:
A
Step-by-step explanation:
X<Y means x is less than y-5 and you get A.
Answer:
x < y - 5
Step-by-step explanation:
"x is less than y minus 5
x < y - 5
Hope this helps!
What is the surface area of the Triangular Prism rounded to the nearest tenth?
A)18.5
B) 36.9
C) 43.6
D) 87.2
Answer:
C. 43.6
Step-by-step explanation:
you need to take the area of each shape
lets do the skinny triangles first on the top and bottom of this shape.
so to find the formula of triangle we need to do 0.5 * 1.26 * 5.3
because the formula of a triangle is half the base times height.
so we get 0.5 * 1.26 * 5.3 = 3.339
multiply it by two and we get 6.678
now lets find the area of the huge rectangle on the back/behind of the shape
3.3*5.3 = 17.49
now lets find the area of the two smaller rectangles
3.3 * 3.6 = 11.88
2.3 * 3.3 = 7.59
now lets add
6.678 + 17.49 + 11.88 + 7.59 = 43.638
round it to 43.6
Find the volume of a rectangular pyramid with a length of 7 feet, a width of 6 feet, and a height of 4.5 feet.
Answer:
The answer is 63
Step-by-step explanation:
You multiply all of the numbers together getting you 189. You then divide that by three because is a pyramid that gets you 63.
-I hope that helps!
THIS IS MY LAST TIME! The boys track team needs to keep a count of how many laps they run at practice so they know the distance. Each lap is 400 meters. What is the difference between the teammate who ran the furthest and the teammate who ran the least distance?
Answer:
10
Step-by-step explanation:
Because the greatest was 15 and the least was 5. So 15-5=10. Hope this helps <3
Identify Structure Each figure below is made up of congruent trapezoids. Find the area of each figure.
Answer:
12cm
Step-by-step explanation:
The formula to find the area of a trapezoid is A = [tex]\frac{a + b}{2}[/tex]h. We replace the "a" and "b" with 6cm. We then replace the "h" with 12cm as your height is 12cm. The new formula is A = [tex]\frac{a + b}{2}[/tex]h = [tex]\frac{6 + 6}{2}[/tex] x 12. The answer to that equation is 12cm.
Calculate the mean,median, and mode for the data given. Record the measure of center that is the greatest number
63 99 98 101 80 75 85 88 85
Answer:
Mean: 86
Meadian: 85
Mode: 85
Step-by-step explanation:
Mean: Add up all numbers and divide by 9
Median: Count a number twice such as 85, add 85+85 and divide by 2
Mode: Most occuring number. 85 is the mode.
Please help ASAP
A dart is thrown at the board 100 times at random.
About how many times is it likely to land in the shaded area?
The number of times that it is likely to land in the shaded area will be 40 times out of 100 times.
What is probability?Its fundamental concept is that someone will nearly surely occur. The proportion of positive events in comparison to the total of occurrences. Then the probability is given as,
P = (Favorable event) / (Total event)
A dart is thrown at the board 100 times at random.
The number of times that dart hit the board is 40 times. Then the probability is calculated as,
P = 40 / 100
P = 2/5
P = 0.40 or 40%
More about the probability link is given below.
https://brainly.com/question/795909
#SPJ2
I Need help again :)
i need help on this...how do i do it
Answer:
DStep-by-step explanation:
You can first reduce this fraction by dividing both the numerator and denominator by the Greatest Common Factor of 549 and 999. I know that
61/111
is the same as
61÷111
Then using
Long Division for 61 divided by 111
and rounding to a Max of 4 Decimal Places gives me
=0.5495/.5495
then move the decimal point a digit to the RIGHT!!!!Solve the system by graphing.
y = x=1
y=4x+7
The solution is ( _ , _ )
Carla deposits $5250 into a bank, which yields a simple interest rate of 0.8% every 3 months. If the interest rate is increased to 1.2%, how much more interest will she receive after 2 years compared to the original interest rate of 0.8%?
Answer:
the exact vaile is 5250.0128
Step-by-step explanation:
Helpppp :) pls lolllll
Answer:
1/24 cm^3
Step-by-step explanation:
V = lwh
V = 1/3(1/2)(1/4)
V = 1/24 cm^3
Find the perimeter of the rectangle, in feet.
8 1/4 feet or
8.25 feet
Answer:
8 1/4 ft
Step-by-step explanation:
Brent plays three sports: basketball, baseball, and soccer. He calculated the mean absolute deviation of the points he scored in each season.
basketball: mean absolute deviation of 4.6
baseball: mean absolute deviation of 3.5
soccer: mean absolute deviation of 1.2
In which sport were his scores the most spread out?
soccer
basketball
baseball
Answer:
basketball
Step-by-step explanation:
i took the test :)
Basketball have most spread out.
Option B is correct.
What is Standard Deviation?A standard deviation (or σ) is a measure of how widely distributed the data is in reference to the mean. A low standard deviation suggests that data is grouped around the mean, whereas a large standard deviation shows that data is more spread out.
We have
Basketball: mean absolute deviation of 4.6
Baseball: mean absolute deviation of 3.5
Soccer: mean absolute deviation of 1.2
As, a high mean absolute deviation tells us that many of the data values are spread out further from the mean.
Here Basketball have highest absolute deviation.
Thus, Basketball have most spread out.
Learn more about Standard Deviation here:
https://brainly.com/question/23907081
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What is the value of x?
Enter your answer in the box.
x =
Two intersection lines. Angle formed at the top is labeled 3 x plus 50 degrees. Angle formed at the bottom is labeled 6 x minus 10 degrees.
Answer:
20
Step-by-step explanation:
So, both of those angles are equal to each other because they are congruent. So, we can set their equations equal to each other to find x.
Solve it like this:
3x + 50 = 6x - 10
-3x -3x (always subtracts the variables first (x), then the other numbers)
50 = 3x -10
+10 +10
60 = 3x
Then, divide both sides by the number next to the variable (3)
60/3 = 20, 3x/3 = x
So, you get:
20 = x
Consider the spinner divided into
8 equal sections.
A student spins the spinner 2
times. What is the probability the student spins an even number both times?
Answer:
About 25%
Step-by-step explanation:
If there are 8 selections the there are two spins
the 2 is divided by eight giving you 0.25 convert that into 25 and add the percentile so 25%.
Sorry if this is wrong. If this is right pls give brainlest.
Choose the number sentence whose product is 2.015.
Answer: you didn't put any number sentences but these all equal 2.015
2.015*1
1.0075*2
0.67166666*3
0.50375*4
0.403*5
0.3358333*6
0.28785714285714285714*7
0.251875*8
0.22388888*9
0.2015*10
Answer:
C
Step-by-step explanation:
you welcome don't know what other person was doing
Put the following in order from where you would see the most runoff/least amount of groundwater to the least amount of runoff/most amount of groundwater.
* if you spam, copy and paste = report *
Reorder answers
1.farmland
2.suburbs
3.City
Answer:
i thinks that its city suburbs farmland
Step-by-step explanation:
I think farmlands would have more groundwater
City must have least ground water as it remains like concrete tree so very less amount of water goes underground
Farm land is convered. by grass as trees so most ground water is present there
Hence the order is
City -Suburds-Farmland