Which loan has the lowest total repayment?

Which Loan Has The Lowest Total Repayment?

Answers

Answer 1
Answer:   Loan B

==========================================================

Explanation:

Refer back to this related question

https://brainly.com/question/27362373

In that link I detail how to find that

Loan A has a monthly payment of $348.50Loan B has a monthly payment of $518.02

Loan A has a duration of 5 years, aka 5*12 = 60 months. Over those 60 months, you'll pay back a total of 60*348.50 = 20,910 dollars for loan A.

Loan B has a shorter duration of 3 years = 3*12 = 36 months. Therefore, you'll pay back 36*518.02 = 18,648.72 dollars in total for loan B.

---------------

Summary total repayment

Loan A = 20,910 dollarsLoan B = 18,648.72 dollars

We have loan B as the winner in terms of the lowest total repayment. The longer a loan is, the higher chances are that you'll pay back more in interest (thereby making the total repayment larger).

Answer 2

Answer :  

Loan B

Explanation :

Loan A's monthly payment → $348.50Loan B's monthly payment → $518.02

Cost of Loan A repayment

Duration = 5 years = 5 x 12 = 60 monthsCost = 60 x 348.50 = $20,910

Cost of Loan B repayment

Loan B has a shorter duration of 3 years = 3*12 = 36 months. Therefore, you'll pay back 36*518.02 = 18,648.72 dollars in total for loan B.

Duration = 3 years = 3 x 12 = 36 monthsCost = 36 x 518.02 = $18,648.72

Clearly, Loan B has the lowest total repayment.


Related Questions

For 7 points and brainliest to the best correct answer, find the missing measures. Question is in photo, thanks.

Answers

Answer:

X = 2

AB = 39

CB = 27

Step-by-step explanation:

Since it's a parallelogram (two pairs of parallel sides), we can set each opposite side equal to each other. We know the equation for two opposite sides, side AD and side CB, therefore:

[tex]AD=CB\\14x-1=9x+9\\5x=10\\x=2[/tex]

Now that we know x, we can solve the other equations:

[tex]12x+15=AB\\12*2+15=AB\\24+15=AB\\39=AB[/tex]

And:

[tex]9*2+9=CB\\18+9=CB\\27=CB[/tex]

The equation is C=35+4n.
If C= 500 what would N be? Please I really need the answer

Answers

Answer:

116.25 or [tex]\frac{465}{4}[/tex]

Step by Step Explanation;

500=35+4n

Subtract 35 from both sides

465=4n

[tex]\frac{465}{4}=n[/tex]

[tex]116.25=n[/tex]

Hope This Helps! :) Please Mark as Brainliest!

C=35+4n, if C=500 what would N be?
n=116.25

suppose you had D dollars in your bank account. you spent $22 but have at least $28 left. how much money did you have initially? write and solve an inequality that represents this situation.
d-22 > 28; d > 50
d +22 28; d > 72
d + 22 s 28; ds 72
d-22 28; d = 50

Answers

Answer:

Answer:

d--22→ 28

d→ 50

Step-by-step explanation:

Let d dollars be the initial amount in your bank account.

We have been given that you spent $22, so the amount left after spending $22 will be: .

We are also told that after spending $22, you have at least $28. This means that the amount left after spending $22 will be greater than or equal to $28.

We can represent this information in an equation as:

Therefore, the inequality represents the initial amount of money you had.

Now let us solve for d by adding 22 to both sides of our inequality.

Therefore, initially you had at least $50.

Still stuck? Get 1-on-1 help from an expert tutor now.

Step-by-step explanation:

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Mrs. Chase hired a landscaping service to plant a row of bushes around her triangular backyard. If the bushes
must be planted 3 feet apart, approximately how many bushes are needed for the backyard? (4 points work,
1-point final answer)
12
30

Answers

The number of bushes that is approximately needed for Mrs. Chase's backyard is 23 bushes

How many bushes are needed?

The number of bushes needed = perimeter of the backyard / 3 feet

The perimeter of the backyard is the sum of the three sides of the right triangle that is the shape of the backyard. The length of the third side would be detemined using Phythagors theorem.

Length of the third side : √30² - 12² = 27.50 feet

Perimeter of the backyard = 27.50 + 12 + 30 = 69.50 feet

The number of bushes needed =69.50 / 3 = 23.17 = 23 bushes

To learn more about triangles, please check: https://brainly.com/question/22949981

The area of a rectangular room is 48 square feet and the width is 2 yards. What is the length of the room?

Answers

Answer:

8 feet = 2 ²/₃ yards

Step-by-step explanation:

1 yard = 3 feet

Given width = 2 yards

⇒ width = 2 × 3 = 6 feet

Area of a rectangle = width × length

⇒ 48 ft² = 6 ft × length

⇒ length = 48 ft² ÷ 6 ft

length = 8 ft

To convert the length to yards, divide by 3:

⇒ 8 ÷ 3 = 2 ²/₃ yards

there are 15 boys and 10 girls in mrs.rogers class what is the ratio of boys to girls ?

Answers

Answer: The ratio of boys to girls in Mrs.Rogers class is 15 to 10.

Step-by-step explanation:

Ratio
= boys : girls
= 15 : 10
=15/10
= 3/2
= 3:2
Hence the ratio of boys to girls is 3:2

Which of the following is equivalent to 24:72?

a. 1:3 b. 2:4 c. 2:3 d. 3:1

Answers

Answer: 1:3 A

Step-by-step explanation:

if you multiply 24 by 3 you get 72 it shows that 1:3 is equivalent! your welcome

Select the correct answer. Which graph represents this equation? y − 4 = -3(x + 5) A. B. C. D.

Answers

D is the graph closest to the one shown

Find the solution of 3x+5/2x+1 = 1/3

Answers

Answer:

x = -2

Step-by-step explanation:

[tex]\frac{3x+5}{2x+1} = \frac{1}{3}[/tex]

On cross multiplying,

3(3x + 5) = 1(2x + 1)9x + 15 = 2x + 17x = -14x = -2

Answer:

[tex]x=-2[/tex]

Step-by-step explanation:

Given equation:

[tex]\dfrac{3x+5}{2x+1}=\dfrac13[/tex]

Cross multiply:

[tex]\implies 3(3x+5)=1(2x+1)[/tex]

Expand brackets:

[tex]\implies 9x+15=2x+1[/tex]

Subtract [tex]2x[/tex] from both sides:

[tex]\implies 9x+15-2x=2x+1-2x[/tex]

[tex]\implies 7x+15=1[/tex]

Subtract 15 from both sides:

[tex]\implies 7x+15-15=1-15[/tex]

[tex]\implies 7x=-14[/tex]

Divide both sides by 7:

[tex]\implies \dfrac{7x}{7}=-\dfrac{14}{7}[/tex]

[tex]\implies x=-2[/tex]

The sum of two numbers is eighteen. The total of three times the smaller and twice the
larger is 44. Set up and solve and algebraic equation to find the two numbers.

Answers

Answer:

x=8 y=10

Step-by-step explanation:

x+y =18        x=(18-y)

3(18-y) +2y =44

54-3y+2y =44

54-y =44

-y=-10

y=10

                                     x+10=18

                                      x=8

find a area of a circumference that is 13 ft for 3.14 π

Answers

Answer:

4.14x3.14=12.9996

Step-by-step explanation:

This is the closest to 13 ft via circumference

Here is a few equations a dn formulas to remind you.

Area=3.14xRxR or Pi*rr

This is Pi times the radius times the radius.

The radius is half of the circle or half of the Diameter.

Area(semi-circle)=1/2x3.14xrxr

Circumfrence=3.14xDor 3.14xdiameter

If this answer helped pls give brainlest.

PLEASE HELP WILL GIVE BRAINLIEST!!!!​

Answers

Answer:

Its The 3rd one you are correct in picture

Step-by-step explanation:

Using the equation below, what is the
value of p when v = 7?
p = 6v + 21

Answers

Answer:

p = 63

Step-by-step explanation:

It is given that the variable v is equal to 7:

v = 7

Plug in 7 for v, and then solve the given equation:

p = 6v + 21

p = 6(7) + 21

Simplify. Remember to follow PEMDAS.
PEMDAS is the order of operation, and stands for:

Parenthesis, Exponents (& Roots), Multiplications, Divisions, Additions, Subtraction.

First, multiply 6 with 7:

p = (6 * 7) + 21

p = 42 + 21

Next, add:

p = 42 + 21

p = 63

63 is your answer for p.

~

Answer:

p = 63

Step-by-step explanation:

p = 6(v) = 21

add in 7 in place of v

p = 6(7) + 21

do 6(7)

p = 42 + 21

add those together

p = 63

Here you go! :)

Kerri takes out a mortgage for $55,000 at 9% for 25 years. What are her monthly payment, the total amount paid, and the cost of the mortgage?

Answers

The total amount paid for the mortgage will be $123750 and the cost of the mortgage is $178750.

How to calculate the mortgage?

From the information, Kerri takes out a mortgage for $55,000 at 9% for 25 years. The total amount paid will be:

= ($55,000 × 9% × 25)

= $123750

The cost of the mortgage will be:

= $55000 + $123750

= $178750

The monthly payment will be:

= ($55000 + $123750) / 25 years

= $178750/(25 × 12)

= $178750/300

= $595

Learn more about mortgage on:

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Add the number which comes in the middle of the series to the largest number and divide the total by the smallest number 28 5 18 6 7

Answers

Answer:

8.2

Step-by-step explanation:

Number in the middle of the series = 18

Largest number = 28

Smallest number = 5

(18+28)/5

46/5

8.2

The required simplified solution of the given statement is 9.2.

Given that,
To determine the simplified solution of the given condition,"Add the number which comes in the middle of the series to the largest number and divide the total by the smallest number 28 5 18 6 7".

What is simplification?

The process in mathematics to operate and interpret the function to make the function or expression simple or more understandable is called simplifying and the process is called simplification.

Here,
According to the given statement,
Adding the number that is greater and in the middle of the former series
= 18 + 28 / 5
= 46 / 5
= 9.2

Thus, the required simplified solution of the given statement is 9.2.

Learn more about simplification here: https://brainly.com/question/12501526

#SPJ5

Which expression is equivalent to sin7π/6?

Answers

Answer:

-6

Step-by-step explanation:

The answer is: 7π6=−π6

π= 3.14 or 22/7

so 7x3.14= 21.98

than divide by 6

What is the value of c if, 2c + 8 = 26 ?

A.
9

B.
42

C.
18

D.
34

Answers

Answer:

Option A

The answer is 9

Step-by-step explanation:

2c + 8 = 26

Subtract 8 from both side we get,

2c + 8 – 8 = 26 – 8

2c = 18

Divide both side by 2 we get,

2c/2 = 18/2

c = 9

Thus, The value of c is 9

2c + 8 = 26
2c = 26 - 8
2c = 18
c = 18 / 2
c = 9

The speed of the jet Alyssa flew on from Boston to London was 480 mph. On her return flight, the speed of the jet was 600 mph with a tailwind. What was Alyssa's average speed on the round trip? Round your answer to one decimal place.
P.S: The answer is not 540

Answers

Answer:

533.3

Step-by-step explanation:

x/480+x/600

2x/18x

4800/9=533.333333

533.34

what value of w makes the following equation true?
w+4 1 over 5 = 13 19 over 20

Answers

Answer:

13.15

Step-by-step explanation:

Solve the math problem

Answers

Answer:

5

Step-by-step explanation:

slope: increase in y ÷ increase in x

slope: (45-15)÷(9-3)

slope: 30÷6

slope: 5

Which equation can be used to find the area of the parallelogram 4cm and 6cm and 10cm

Answers

1/2(a + b)h
A and b are are the 2 parallel sides
H is the height

Question is in the picture.

Answers

Answer:

angle A=65

a= 24.5

b= 36.4

Step-by-step explanation:

Please help!! 40 Points!!!!!

Answers

Answer:

see explanation

Step-by-step explanation:

A

when 2 equal bases are being multiplied together their exponents are added together, that is

[tex]a^{m}[/tex] × [tex]a^{n}[/tex] = [tex]a^{(m+n)}[/tex]

B

[tex]12^{5x}[/tex] × [tex]12^{-7}[/tex] = [tex]12^{5x-7}[/tex]

C

[tex]x^{4}[/tex][tex]y^{6k+2}[/tex] × x²[tex]y^{-1}[/tex]

= [tex]x^{4}[/tex] × x² × [tex]y^{6k+2}[/tex] × [tex]y^{-1}[/tex]

= [tex]x^{(4+2)}[/tex] × [tex]y^{(6k+2-1)}[/tex]

= [tex]x^{6}[/tex][tex]y^{6k+1}[/tex]

#A

a^b+a^c=a^b+c

#B

12^5x×12^-712^5x-7

#C

x⁴y^6k+2×x²y^-1x⁶y^6k+2-1x⁶y^6k+1

Find the a:b
Need this fast

Answers

Answer:

Hope the picture will help you.......


Help asap I don’t know what I’m doing

Answers

Answer:

you are right it is ^

Step-by-step explanation:

Answer:

It is your answer

Step-by-step explanation:

Your welcome.

What do we do to both sides of this equation to solve?

x+3=5

Question 1 options:

Subtract 3 from both sides


Add 3 to both sides


Multiply both sides by 3


Divide both sides by 3

Answers

Answer:

Subtract 3 from both sides.

Step-by-step explanation:

x + 3 = 5

x = 5 - 3

x = 2

I know I`m late sorry, still wanted to answer

. _ .

Max has a monthly salary of $1,100 and also earns 7.5% commission on his sales. if max had $43,000 in sales last month, what were his total earnings for the month? a. $3,225 b. $4,050 c. $4,325 d. $5,150 please select the best answer from the choices provided a b c d

Answers

The total earning of the month be $4325 .

We have given that the Max has a monthly salary of $1,100 and also

earns 7.5% commission on his sales.

When Max had $43,000 in sales last month .

He earns  7.5% is commission

We have convert it into  the decimal form.

[tex]\frac{7.5}{100}=0.075[/tex]

Commission Max earns = 0.075 × Total sales of the last month

Commission Max earns= 0.075 × 43000

Commission Max earns  = $ 3225

What is the formula for the total earning?

Total earning of a month = Monthly salary + Commission earning

Total earning of a month  = $1100 + $3225

Total earning of a month  = $ 4325

Therefore the total earning of the month be $4325 .

The Option (c) is correct.

To learn more about the total earning visit:

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Use the Distributive Property to expand 4(x+3)

Answers

Answer:

4x+12

Step-by-step explanation:

4(x+3)=4x+12.

You use the distributive property by multiplying both numbers in the parentheses by 4

Answer:

4x +12

Step-by-step explanation:

Distributive property: a*(b + c) = (a *b)+(a *c)

Here, a = 4 ; b = x and c = 3

4*(x + 3) = 4*x + 4*3

             = 4x + 12

if a1 = 4 and an = -4a n-1 +5 then find value of a5
please help

Answers

Answer:

Step-by-step explanation:

a1 = 4

a2 = -5(4)-1 = -21

a3 =-5(-21)-1 = 104

a4 = -5(104)-1 =-521

a5 =-5(-521)-1 = 2604

A small organic food store makes two types of fruit smoothies: tropical and sport. Each tropical smoothie uses 9 oz of orange juice and 6 oz of milk. Each sport smoothie uses 3 oz of orange juice and 3 oz of milk. The store buys the orange juice in a 210-oz container and milk in a 150-oz container. The store sells the tropical smoothies for $4 and sells the sport smoothie for $3. What is the maximum in smoothie sales the store can make from 1 container each of orange juice and milk?


A) $100
B) $110
C) $150
D) $280

Please show steps and explain

Answers

Answer: $150

the sports drink is only 25% smaller in the price compared to the tropical

but is 2-3 times fewer supplies than the low pretty convenient but the most you get from the tropical is $92

the most you can stink out of this sum is $150

Step-by-step explanation:

Answer:$150

Step-by-step explanation:

the sport drink is only 25% less in the price compared to the tropical...

but is 2-3 times less supplies than the tropical... pretty convenient but the most you get from the tropical is $92

the most you can suck out of this total is $150

MARK ME BRAINLEST

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