Devin owes $26,000 in students loans for college. The interest rate is 8.75% and the loan will be paid off over 15 years. How much will Devin pay altogether?

Answers

Answer 1

Using simple interest, it is found that Devin will pay $60,125 altogether.

The amount paid in simple interest is:

[tex]A = P(1 + rt)[/tex]

In which:

P is the principal.r is the interest rate, as a decimal.t is the time, in years.

In this problem:

Owes $26,000 in student loans, thus [tex]P = 26000[/tex]Interest rate of 8.75%, thus [tex]r = 0.0875[/tex]Paid off in 15 years, thus [tex]t = 15[/tex].

The amount he will pay is of:

[tex]A = P(1 + rt)[/tex]

[tex]A = 26000[1 + 0.0875(15)][/tex]

[tex]A = 60125[/tex]

Devin will pay $60,125 altogether.

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Related Questions

Multiply. Write your answer as a fraction in simplest form. 2/3 × 9/4

Answers

Answer:

1.5 or 1 1/2

Step-by-step explanation:

2*9 = 18

4*3 = 12

18/12 = 3/2

1.5 or 1 1/2

Find the equation for the line shown

Answers

Answer:

y = 1/2x

Step-by-step explanation:

Slope: 1/2

y = 1/2x

What is the equation of the line in slope intercept form write your answer using integers, proper fractions, and improper tractions in simplest form​

Answers

Answer:

y =  2x - 1

Step-by-step explanation:

To find out the equation of the line, you will always need the following information in order to determine the linear equation in slope-intercept form, y = mx + b:

1. 2 sets of ordered pairs (x, y)

2. Slope (m)

3. Y-intercept (b)

First, we need to choose 2 points from the graph to solve for the slope:

Let (x1, y1) = (0, -1)

(x2, y2) = (3, 5)

Substitute these values into the following slope formula:

[tex]m = \frac{y2 - y1}{x2 - x1} = \frac{5 - (-1)}{3 - 0} = \frac{5 + 1}{3} = \frac{6}{3} = 2[/tex]

Therefore, the slope (m) = 2.

Next, we need the y-intercept, (b). The y-intercept is the y-coordinate of the point where the graph of the linear equation crosses the y-axis. The y-intercept is also the value of y when x = 0. The y-coordinate of the point (0, -1) is the y-intercept.  Hence, the y-intercept (b) = -1.

Given our slope, m = 2, and the y-intercept (b) = -1, the linear equation is:

y = 2x - 1

Please mark my answers as the Brainliest if you find my explanations/solution helpful :)

Which ordered pairs is a solution to -5x + 3y > 12?
(3,9)
(-5,5)
( (3-6)
0 1(-2,-5)
(2,8)
)
O 1 (-6,0)

Answers

Answer:

(-5,5)

Step-by-step explanation:

if you replace x and y with the numbers, the answer will be true.

(x+7)+3y simply I need help plsssss ​

Answers

The answer should be x+7+3y if wrong tell me.

Answer:

move 7

Step-by-step explanation:

x + 3 y + 7

4. f(x) = 2x4 - 3x2 + 5. Find f(-1).
What is the answer

Answers

Answer:

[tex]{ \rm{f(x) = 2 {x}^{4} - 3 {x}^{2} + 5 }}[/tex]

• for f(-1), substitute x with -1

[tex]{ \rm{f( - 1) = 2 {( - 1)}^{4} - 3 {( - 1)}^{2} + 5 }} \\ \\ { \rm{f( - 1) = 4}}[/tex]

On a map, 1 inch equals 25 miles if two cities are 8 inches apart on the map how far are they actually apart ?

Answers

Answer:

200 mi

Step-by-step explanation:

8 times 25 mi = 200 mi

PLEEEEEEEEEAAAse mark branliest!!!

A rocket is launched from a tower. The height of the rocket, y in feet, is related to the
time after launch, x in seconds, by the given equation. Using this equation, find the
time that the rocket will hit the ground, to the nearest 100th of second.
y = -16x2 + 130x + 140

Answers

Answer:

10.17 seconds

Step-by-step explanation:

substitute y=0 into the equation

0=-16x²+153x+98

then use the quadratic formula

a = -16

b= 153

c = 98

Substituting values into the Quadratic equation, you get (Round the values to the nearest hundreth):

x₁= 10.17

x₂= -0.60

-2.15-5j=-1.8+2.1j-7.45
J=

Answers

Answer:

j = 1

Step-by-step explanation:

-2.15+1.8+7.45 = 2.1j + 5j

7.1 = 7.1j

7.1/7.1 = j

In a class of 30 children, 60% of the children are girls. How many of the girls are there in class? 18

Answers

You are correct!

20 Characters

Let A, B, C, X be sets with A, B, and C are subsets of X. Prove the following set equalities
a) (A ∩ B)' = A' ∪ B'

Answers

Answer:

[tex] let \:x \in (A\cap B)'\\\Rightarrow x \notin (A\cap B) \\\Rightarrow x \notin A \:or\: x\notin B\\ \Rightarrow x \in A' \:or \:x \in B'\\\Rightarrow x \in A' \cup B'\\\therefore (A ∩ B)' = A' ∪ B' [/tex]

It is proved that , A Intersection B complement is equal to the union of the complements of the sets A and B i.e., (A ∩ B)' = A' ∪ B'.

What is a set ?

Sets are represented as a collection of well-defined objects or elements.

It is given that A , B , C , X are sets with A , B and C are subsets of X.

Let's assume X be an element of A intersection B complement. or (A ∩ B)'.

i.e.,

X ∈ (A ∩ B)'

Also , we can say that :

X ∉ ( A ∩ B)

This implies :

X ∉ A or X ∉ B

or we can also say that :

X ∈ A' or X ∈ B'

or

X ∈ A' ∪ B'

So , we can conclude that :

(A ∩ B)' = A' ∪ B'

or A Intersection B complement is equal to the union of the complements of the sets A and B.

Therefore , it is proved that , A Intersection B complement is equal to the union of the complements of the sets A and B i.e., (A ∩ B)' = A' ∪ B'.

Learn more about sets here :

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(WORTH 100 POINTS)On Monday, Latrena sent an email to 5 friends. On Tuesday, each of those friends sent an email to 5 different friends. On Wednesday, each person who received an email on Tuesday sent an email to 5 different friends. How many friends received an email on Wednesday? Enter your answer as a power by filling in the boxes.

Answers

Answer:

5 to the power of 3

Step-by-step explanation:

I took the K12 test :)

The number of friends who received an email on Wednesday can be obtained using the exponential relation between the initial number of mails and the number of days elapsed, which is 125 .

The initial number of friends who received an email = 5 friends.

Number of days elapsed from Monday to Wednesday = 3 days

The Number of people who received a mail on Wednesday can be expressed thus :

5³ = 5 × 5 × 5 = 125 friends.

Therefore, 125 friends received an email on Wednesday.

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What is the sum of 3/9 and 4/9?​

Answers

Answer:

7/9

Step-by-step explanation:

Hope this helps you. Have a nice day.

what is (x-1)-(3x+2)

Answers

The answer to (x-1)-(3x+2) is -2x-3

Answer:

-2x - 3

Step-by-step explanation:

1. distribute

( x - 1 ) - (3x + 2)

(x - 1) - 3x - 2

2. Eliminate redundant parentheses

(x - 1) - 3x - 2

x - 1 - 3x - 2

3. Subtract the numbers

x−1 − 3x − 2

x - 3 - 3x

4.

x − 3 − 3x

-2x - 3

Mariel and Liu are running a long-distance race. Mariel runs at a rate of 5.4 m/s, and Liu runs at a rate of 7.6 m/s. If Mariel has a 20 m head start, how long will it take for Liu to catch Mariel?

Answers

We have that, how long it will take for Liu to catch Mariel is mathematically given as

t=3.076s

From the question we are told

Mariel and Liu are running a long-distance race. Mariel runs at a rate of 5.4 m/s, and Liu runs at a rate of 7.6 m/s. If Mariel has a 20 m head start, how long will it take for Liu to catch Mariel?

Generally the equation for the Average speed is  mathematically given as

[tex]v_a=\frac{5.4+7.6}{2}\\\\V_a=6.5m/s[/tex]

Therefore

How long it will take for Liu to catch Mariel is mathematically given as

[tex]t=\frac{20}{6.5}[/tex]

t=3.076s

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Solve the inequality: x+10>2x/5. *

Answers

Hello BATAPAAKO!

[tex] \huge \boxed{\mathbb{QUESTION} \downarrow}[/tex]

Solve the inequality: x+10>2x/5.

[tex] \large \boxed{\mathfrak{Answer \: with \: Explanation} \downarrow}[/tex]

[tex]x + 10 \gt \frac { 2 x } { 5 } \\ [/tex]

Firstly, multiply both sides of the equation by 5.

[tex]5(x + 10) > 2x \\ = 5x + 50 > 2x[/tex]

Since 5 is greater than 0, the direction of the inequality will remain unchanged. Now, subtract 2x from both the sides.

[tex]5x + 50 > 20 \\ = 5x + 50 - 2x > 0[/tex]

Combine 5x & -2x to get 3x.

[tex]5x + 50 - 2x > 0 \\ = 5x - 2x + 50 > 0 \\ = 3x + 50 > 0[/tex]

Now, subtract 50 from both the sides. Remember :- anything subtracted by 0 will result in its negation. So 50 subtracted from 0 will give you -50.

[tex]3x + 50 > 0 \\ = 3x > - 50[/tex]

Divide both sides of the equation by 3. Again, since 3 is > 0, the direction of inequality will remain unchanged.

[tex]3x > - 50 \\ = \large\boxed{\boxed{ \bf \: x > - \frac{ 50}{3} }}[/tex]

__________________

Hope it'll help you!

ℓucαzz ッ

You can bike at a rate of 7 miles in 25 minutes. At this rate, how long will it take you to go 18 miles?​

Answers

Answer:

64.2857

Step-by-step explanation:

take the distance traveled divided by the distance which will give you the speed traveling multiplying the distance and the speed will give you the time ot takes

We have 2 fractions 1/6 and 3/8 and we want to rewrite them so that they have a common denominator what numbers could we use for the denominators

Answers

Answer:

You can use 48 and 24

Step-by-step explanation:

You can figure out 48 by simply multiplying 6 times 8. You can figure out the 24 by noticing that 24 is divisible by both 6 and 8. 6 x 4 =24, and 8 x 3=24. I hope this helps!

Answer:

The numbers we could use for the denominators is 48  and 24.

Can someone find the slope of a line parallel to 5x+2y=6

Answers

Answer:

-5/2

Step-by-step explanation:

5x+2y=6

First, put the equation in slope-intercept form

y = mx+b where m is the slope and b is the y intercept

Subtract 5x from each side

5x-5x+2y=-5x+6

2y = -5x+6

Divide each side by 2

2y/2 = -5/2x +6/2

y = -5/2 x +3

The slope is -5/2x

Lines that are parallel have the same slope

A sum of $30,400 is to be divided in to three shares in the ratio of 4 : 5 : 7. Find the largest share. Please emergency

Answers

Answer:

$13,300

Step-by-step explanation:

$30,400 in to the ratio of 4:5:7

First lets add 4, 5, and 7:

4 + 5 + 7 = 16

Now divide 30,400 by 16 to find 1 share:

30,400/16 = 1900

Since the largest share is 7, we multiply 1900 by 7, since 1900 is equivalent of 1 share

1900 x 7 = 13300

-Chetan K

The marked price of a table and six chairs is sh 10500. Kang’ori bought the set on hire purchase at sh 10815. (a) Express the extra amount of money he paid as a percentage of the market price. (b) If he paid monthly instalments of sh 1150 for 6 months, what deposit did he pay?​

Answers

9514 1404 393

Answer:

  (a) 3%

  (b) sh 3915

Step-by-step explanation:

a) The extra amount is ...

   10815 -10500 = 315

As a percentage of the marked price, this is ...

  315/10500 × 100% = 3%

__

b) The total paid is the sum of the down payment and the monthly installments:

  10815 = down + 1150×6

  10815 -6900 = down . . . . . . . . . . subtract 1150×6 from both sides

  down = 3915 . . . . . . . . . evaluate

The deposit paid was sh 3915.

Two numbers have a sum of 24
and a product of 143. What is the
smaller number?

Answers

Answer:

The smaller number is 11.

Step-by-step explanation:

11 + 13 = 24

11 x 13 = 143

Hope this helps!

The smaller number is 11

A line has a slope of -1/7. It passes
through the points (1,2) and (3,y).
What is the value of y?

Answers

Answer:

y = 12/7

Step-by-step explanation:

Slope = (change in Y) / (change in x)

-1/7 = (y - 2) / (3 - 1)

-1/7 = (y - 2)/2

Cross multiply:  -1(2) = 7(y - 2)

                             -2 = 7y -14

                        -2 + 14 = 7y

                                12  = 7y

                               12/7 = y

Let's find y

[tex]\\ \sf\longmapsto m=\dfrac{y_2-y_1}{x_2-x_1}[/tex]

[tex]\\ \sf\longmapsto \dfrac{-1}{7}=\dfrac{y-2}{3-1}[/tex]

[tex]\\ \sf\longmapsto \dfrac{-1}{7}=\dfrac{y-2}{2}[/tex]

[tex]\\ \sf\longmapsto -2=7y-14[/tex]

[tex]\\ \sf\longmapsto 7y=12[/tex]

[tex]\\ \sf\longmapsto y=12/7[/tex]

Question 6(Multiple Choice Worth 1 points)
(05.03 LC)
What is the initial value of the equation shown?
y = -4x - 3
O-4
O-3
03
04

Answers

9514 1404 393

Answer:

  (b)  -3

Step-by-step explanation:

The "initial value" is the constant in the equation. It is the value that remains when the x-term is removed. It is the result of evaluating the equation when x=0.

  y = -4(0) -3 . . . . substitute x=0

  y = 0 -3

  y = -3 . . . . the "initial value"

What is the distance between the points -1,-3) and (-1,43)? I think I'll die if I don't get the answer soon​

Answers

Answer:

you mean the midpoint: (-1, 23)

46.

Ther are both at the same x-coordinate, so 43-(-3)=46

Simplify the expression to a + bi form:
(1 – 6i) + (12 + i)

Answers

[tex]\\ \sf\longmapsto (1-6i)+(12+i)[/tex]

[tex]\\ \sf\longmapsto 1-6i+12+i[/tex]

[tex]\\ \sf\longmapsto 1+12-6i+i[/tex]

[tex]\\ \sf\longmapsto 13-5i[/tex]

[tex]\sf{13+(-5i) }[/tex]

Step-by-step explanation:

we have to Simplify the expression(1 – 6i) + (12 + i) to a + bi form

[tex](1 – 6i) + (12 + i)\\\\1-6i+12+i\\\\1+12-6i+i\\\\13-5i\\\\13+(-5i)[/tex]

How can distributive property be used to solve 7 x 391

Answers

Answer:

7x ³⁹¹

Step-by-step explanation:

1: "x3" was replaced by "x^3".

Which equations have no solution? Check all that apply.
- 1x] = 0
[x] =-15
0 - x = 12
-|-x] = 9
-|-x] = -2

Answers

Answer:

- 1x] = 0

[x] =-15

Calculate the sum.

2/9+5/9

options:


79



718



1845



−39

Answers

Answer:

7/9

Step-by-step explanation:

2+5=7

Denominator stays the same 9

So it's 7/9

Answer:

You sure bout that this is the answer

Step-by-step explanation:

2/9=0.2~ + 5/9=0.5~ =0.777777778 or 7/9

what is the psychology of a middle school student compared to a elementary compared to a high school compared to a college how does the brain change

Answers

Our brain's capacity increases day by day with respect to our growth of our bodyAs older the student be the sharper theirs brain becomes.A middle school student has a less equipped brain capable to handle their studies.But a hugh school student has more sharper brain than the middle school student.
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