your credit card has a balance of $3600 and an annual interest rate of 16%. you decide to pay off the balance over three years. if there are no further purchases charged to the card, you must pay $126.59 each month, and you will pay a total interest of $957.24. assume you decide to pay off the balance over one year rather than three. how much more must you pay each month and how much less will you pay in total interest?

Answers

Answer 1

You will need to pay $261.76 more each month if you want to pay off the balance in one year instead of three. However, you will save a total of $953.24 - $576 = $377.24 in interest by paying off the balance in one year instead of three.

If you decide to pay off the balance over one year instead of three, the payment amount will be higher, but the total interest paid will be lower due to the shorter repayment period.

First, let's calculate the total interest paid over three years. The total payment made over three years will be the monthly payment of $126.59 times 36 months, which is $4,553.24. The total interest paid is the difference between the total payment made and the initial balance of $3600, which is $953.24.

Now, let's consider paying off the balance over one year. The total payment made over one year will be the monthly payment of $126.59 times 12 months, which is $1,519.08. To calculate the interest paid, we can use the formula:

Total interest paid = Balance × Annual interest rate × Time

where the time is expressed in years. Plugging in the values, we get:

Total interest paid = $3600 × 0.16 × 1 = $576

Therefore, if you decide to pay off the balance over one year instead of three, you will pay an additional amount each month equal to the difference between the monthly payment for one year and the monthly payment for three years, which is:

Additional monthly payment = ($4,553.24/12) - ($1,519.08/12) = $261.76

This means that you will need to pay $261.76 more each month if you want to pay off the balance in one year instead of three. However, you will save a total of $953.24 - $576 = $377.24 in interest by paying off the balance in one year instead of three.

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Related Questions

How do I factor an expression

Answers

To factor an expression, you need to find the common factors of the terms in the expression. Then, group the terms with common factors together and factor out the common factor. This process can be repeated until the expression is completely factored.

I WILL GIVE 5 STARS, BRAINLIEST AND A HEART TO WHOEVER HELPS ME
IM BEGGING YOU PLEASE
(Please answer all the questions)

Answers

Answer:

1. Group B

2. Group A

3. The median.

Answer:

1. Group B has the lowest age range out of both groups. Group B has at least 18 students under 16 and Group A has ages from 5 through 30.

2. Group A has more of a variability of ages because it is more scrambled than Group B. Group B had more students that had ages that were all close to each other.

3. I think it's best to use the median because it measures the age above which is found. If we use the mean, it will only be calculated by adding all numbers together and then dividing the sum of the numbers by the number of numbers.

Considering this real world scenario, find the length of UV and RD and explain your reasoning as part of your answer. Show your work please (10) points!

Answers

The triangles ABC and CDE are similar

The width AB of the river is 172.73 ft

Stating if the triangles are similar or not

From the question, we have the following parameters that can be used in our computation:

The triangles ABC and CDE

The above triangles have corresponding angles and they also have similar side lengths

This means that the triangles are similar

Calculating the width AB of the river

Here, we have the following ratio

AB : 100 = 38 : 22

So, we have

AB/100 = 38/22

This gives

AB = 100 * 38/22

Evaluate

AB = 172.73

Hence, the width AB of the river is 172.73 ft

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Determine whether each pair of triangles are similar. Justify your answer.

Answers

(1) The triangles ABC and DEF are not similar

(2) The triangles JKL and JMN are similar by the SAS similarity statement

(3) The triangles ABC and XYZ are similar

(4) The triangles PQR and TSR are similar

Identifying the similar triangles in the figure.

(1) Triangle ABC and DEF

The triangles in this figure are

ABC and DEF

These triangles are not similar is because:

The triangles do not have similar corresponding sides i.e. Ratio = 30/24 ≠ Ratio = 24/18

Evaluate

Ratio = 1.25 ≠ Ratio = 1.33

(2) Triangle JKL and JMN

The triangles in this figure are

JKL and JMN

"If two sides in one triangle are proportional to two sides in another triangle and the included angle in both are congruent, then the two triangles are similar"

This means that they are similar by the SAS similarity statement

(3) Triangle ABC and XYZ

The triangles in this figure are

ABC and XYZ

These triangles are similar is because:

The triangles have similar corresponding sides i.e. Ratio = 33/22 = 45/30 = 42/28

Evaluate

Ratio = 1.5

(4) Triangle PQR and TSR

The triangles in this figure are

PQR and TSR

These triangles are similar is because:

The triangles have similar corresponding sides i.e. Ratio = 10/5 = 9/4.5

Evaluate

Ratio = 2

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Determine whether the
quadratic function
y=x² + 4x + 6 has
a maximum or minimum value.
Then find the value.
O maximum
minimum
The value is

Answers

Answer:

(a) The function has a minimum value

(b) The minimum value is 2

Step-by-step explanation:

(a)Currently y = x^2 + 4x + 6 is in standard form, whose general equation is

y = ax^2 + bx + c.  

We know that for our function a = 1.

When a > 0, the parabola opens upward and the vertex is a minimumWhen a <  0, the parabola opens downward and the vertex is a maximum

Thus, y = x^2 + 4x + 6 must have a minimum value.

(b) Whenever a problem asks for the minimum value, it's asking for the y-coordinate of the minimum.

Step 1:  First we can find the x-coordinate of the minimum using the equation -b/2a from the quadratic formula.  

Plugging in 4 for b and 1 for a, we get:

x-coordinate of minimum = -4 / 2(1)

x-coordinate of minimum = -4 / 2

x-coordinate of minimum = -2

Step 2:  Now we can plug in -2 for x in the quadratic function.  The result will be our minimum value:

f(-2) = (-2)^2 + 4(-2) + 6

f(-2) = 4 - 8 + 6

f(-2) = -4 + 6

f(-2) = 2

Thus, the minimum value of the quadratic function is 2.

100 Points! Multiple choice algebra question. Photo attached. Thank you!

Answers

Hello !

1. Explanation

student's number / total students

9)

288/360 = 0,8

⇒ it's C

10)

90/360 = 0,25

⇒ it's B

Have a good day!

the foundation of a house has 1600 termites. The termites grow at a rate of 4.2% each day. How would this be written out?

Answers

The number of terminates are 2,384.78.

An exponential function can be used to illustrate the daily growth of termites.

If "t" represents the number of days, then "N" represents the number of termites.

⇒ N = [tex]1600(1 + 0.042)^{t}[/tex]

Where 0.042 is the decimal form of 4.2%.

Using this formula,

It can be  calculate the number of termites after any number of days t.

For example,

After 10 days, the number of termites would be:

⇒ N = [tex]1600(1 + 0.042)^{10}[/tex]

⇒ N = [tex]1600(1.042)^{10}[/tex]

⇒ N ≈ 2,384.78 termites

Hence,

⇒ N =  2,384.78 termites

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Directions: Use the given rules to complete the table for each sequence and
create the ordered pairs. Plot the ordered pairs on the coordinate plane and
connect them in order. Then, write a short description of how the corresponding
terms are related.
1. Rule 1: 2y, where y is equal to 5, 6, 7, 8, 9.
Rule 2: Add 10, then subtract 9, starting from 5.
Sequence 1
Sequence 2
Ordered Pair
What is the relationship between the
corresponding terms in the two sequences?

Answers

Here are the completed tables for each sequence:

Sequence 1 Sequence 2 Ordered Pair

5                    15                   (5, 15)

6                        14               (6, 14)

7                        13             (7, 13)

8                    12                 (8, 12)

9                   11                (9, 11)

How to explain the sequence

The corresponding terms in the two sequences are related by a linear function. The slope of the line is 1, which means that for every 1 increase in y, there is a 1 increase in x.

The corresponding terms in the two sequences are related by a linear function. The slope of the line is 1, which means that for every 1 increase in y, there is a 1 increase in x. This means that the two sequences are increasing at the same rate.

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Solve the following equation algebraically: 3 x squared = 12 a. Plus-or-minus 3 b. Plus-or-minus 2 c. Plus-or-minus 3.5 d. Plus-or-minus 1.5 Please select the best answer from the choices provided A B C D

Answers

The correct option is b, the solutions of the quadratic equation are x = ±2

How to solve the quadratic equation?

Here we want to solve the following quadratic equation:

3x² = 12

To solve this, we need to isolate the variable, so let's start by dividing both sides by 3, then we will get:

x² = 12/3

x² = 4

Now we can apply the square root in both sides:

√x² = ±√4

x = ±2

These are the two solutions, then the correct option is b.

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Find the cross product of v = (1, 0, 1) and u = (2, 6, 4).

Answers

Answer:

The cross product of v x u is (-6, 2, 6).

Step-by-step explanation:

The two vectors are v = ( 1, 0, 1)  and u = (2, 6, 4).The formula for vector cross product v x u.v x u = ( v₂u₃ - v₃u₂, v₃u₁ - v₁u₃, v₁u₂ - v₂u₁).

so,

   v x u = ( 0 x 4 - 1 x 6 , 1  x 2 - 1 x 4, 1 x 6 - 0 x 2)

   v x u = ( 0 - 6, 2 -4, 6 - 0)

   v x u = ( -6, 2, 6)

Therefore the cross product of u, v is ( -6, 2, 6).

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IF AB measures 115° what is the length of the radius of the circle to the mearest hundredth

Answers

The length of the radius of the given circle whose central angle has been given would be = 7cm.

How to calculate the radius of a circle when a central angle is given?

To calculate the radius of the given circle, the formula that should be used will be given below as follows:

Length of arc = 2πr×∅/360

Length of arc = 14cm

∅ = 115°

14 = 2×3.14×r ×115/360

make R the subject of formula;

r = 14/2.006

= 6.9

= 7cm

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6.334*104=6.334*10<sup>4</sup>=​

Answers

Answer:

what's that

Step-by-step explanation:

Please I need help with this math problem

Answers

Step-by-step explanation:

I believe it is asking for the probability that x is greater than the mean + two standard deviations .....

  look at the mean ....count up two SD ( labelled at the bottom)  ....then see what is to the right of this point  : 2.35 % + .15 % =  2.5%  is greater

please help! thank uu ~ :)

Answers

Answer:

The word or phrase that describes the probability that Ariana will win the raffle if she buys 50 tickets is "likely." Therefore, option (d) is the correct choice.

Since there are 100 tickets in total and Ariana buys 50 of them, her chance of winning the raffle is 50/100 or 1/2, which is equal to 0.5 or 50%. This means that it is more likely than not that she will win the raffle, but it is not guaranteed, as there is still a 50% chance that someone else will win the prize.

What the dude on top said

Which sun difference is modeled by the algebra tiles?

Answers

The sum or difference that is modeled by the algebra tiles is option D. (-x² + 2x + 3) + (-x² - 2x - 1) = -2x² + 2

What are algebra tile?

Algebra tiles are physical manipulatives used to teach and visualize algebraic concepts. They consist of small, square-shaped tiles that represent different algebraic expressions or values. The tiles come in different colors to represent positive and negative numbers, variables, and constant terms.

Here are the common types of algebra tiles:

1. Unit Tiles: These tiles represent the number one. They are typically square-shaped and are often the base tiles used to build other expressions.

2. Variable Tiles: These tiles represent variables or unknowns. They are usually rectangular in shape and may have different colors to distinguish between different variables.

3. Positive and Negative Tiles: Tiles of different colors, usually red and blue, are used to represent positive and negative values. These tiles can be combined or separated to illustrate operations like addition and subtraction.

4. Area/Rectangle Tiles: These tiles are used to represent quadratic expressions or algebraic expressions involving products or factoring. They are rectangular in shape and can be arranged to model multiplication, factoring, or area representation of polynomials.

Therefore, the type of the algebra tiles in the given question is that of Positive and Negative tiles.

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13/ 14 by 26 /49 simplify ​

Answers

Hello!

13/14 x 26/49

= 13x26/14x49

= 338/686

= 169/343

find the first four iterates of the function f(z)=z^2+2+2t with an initial value of z0=-1+2t

Answers

The four iterates of the function f(z) = z² + 2 + 2t are:

f(z0) = 4t² - 2t + 3f(f(z0)) = 16t⁴ - 16t² + 40t² - 12t + 14f(f(f(z0))) = 256t⁸ - 512t⁷ + 768t⁶ - 768t⁵ + 560t⁴ - 288t³ + 88t² - 16t + 18f(f(f(f(z0)))) = 65536t¹⁶ - 262144t¹⁵ + 557056t¹⁴ - 787456t¹³ + 801216t¹² - 623616t¹¹ + 378752t¹⁰ - 185536t⁹ + 72432t⁸ - 21856t⁷ + 4916t⁶ - 800t⁵ + 84t⁴ - 4t³ + 2t² + 2t + 2

To find the first four iterates of the function f(z) = z² + 2 + 2t with an initial value of z0 = -1 + 2t, we will substitute the initial value into the function repeatedly.

Substitute z0 into the function:

f(z0) = (-1 + 2t)^2 + 2 + 2t

Simplify the expression:

f(z0) = 1 - 4t + 4t² + 2 + 2t

f(z0) = 4t² - 2t + 3

This is the first iterate of the function.

Substitute the first iterate into the function:

f(f(z0)) = f(4t² - 2t + 3)

Simplify the expression:

f(f(z0)) = (4t² - 2t + 3)² + 2 + 2t

f(f(z0)) = 16t⁴ - 16t² + 40t² - 12t + 14

This is the second iterate of the function.

Repeat the process for the third and fourth iterates:

f(f(f(z0))) = (16t⁴ - 16t³ + 40t² - 12t + 14)² + 2 + 2t

f(f(f(z0))) = 256t⁸ - 512t⁷ + 768t⁶ - 768t⁵ + 560t⁴ - 288t³ + 88t² - 16t + 18

and, f(f(f(f(z0)))) = (256t⁸ - 512t⁷ + 768t⁶ - 768t⁵ + 560t⁴ - 288t³ + 88t² - 16t + 18)² + 2 + 2t

f(f(f(f(z0)))) = 65536t¹⁶ - 262144t¹⁵ + 557056t¹⁴ - 787456t¹³ + 801216t¹² - 623616t¹¹ + 378752t¹⁰ - 185536t⁹ + 72432t⁸ - 21856t⁷ + 4916t⁶ - 800t⁵ + 84t⁴ - 4t³ + 2t² + 2t + 2

These are the first four iterates of the function f(z) = z² + 2 + 2t with the initial value of z0 = -1 + 2t.

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1. A student determines that one solution to a system of quadratic-quadratic equations is (2.1).
Determine the value of n if the equations are:
4x²-my=10
mx² +ny=20

Answers

N is rounded to two decimal places so n=7.052/m = 7.052/2.8 2.52.

Take the equation set into consideration:

4x² - my = 10  --- (1)

mx² + ny = 20  --- (2)

When x = 2.1, one of the system's solutions is provided by the problem. Using this knowledge, we can change x in both equations to be 2.1. It results in:

4(2.1)2 my = 10 ---> 17.64 my = 10 ---> my = 7.64 --- (3) m(2.1)² + ny = 20 ---> 4.41m + ny = 20 --- (4)

Ascertaining n's value is necessary.

My = 7.64, as determined by equation (3).

With this number as a replacement in equation (4), we obtain:

4.41m + 7.64 = 20

(Rounded to one decimal place) 4.41m = 12.36 m = 2.8

This value of m is substituted in equation (4) to yield the following results: 2.8(2.1)2 + ny = 20, 12.948 + ny = 20.

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A survey asked 1,200 students which movie genre was their favorite. The results of the survey are shown in the circle graph. How many students chose comedy movies than drama movies

Answers

The number of students who chose comedy movies more than drama movies were 60 students

How to find the students ?

First, find the number of students who chose comedy :

= 20 % x 1, 200 students

= 0. 20 x 1, 200

= 240 students

Then find the students who chose drama movies ;

= 15 % x 1, 200

= 0. 15 x 1, 200

= 180 students

The number who chose comedy more :

= 240 - 180 students

= 60 students

In conclusion, the number of students who chose comedy more than those who chose drama was 60 students.

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A clothing designer determines that the number of shirts she can sell is given by the formula S = −4x2 + 88x − 160, where x is the price of the shirts in dollars. At what price will the designer sell the maximum number of shirts? (1 point)
$2
$11
$20
$324

Answers

The price for which the designer will sell the maximum number of shirts is given as follows:

$11.

How to obtain the price?

As the amount sold is modeled by a concave down quadratic function, the price for which the designer will sell the maximum number of shirts is given by the x-coordinate of the vertex of the quadratic function.

The function in the context of this problem is given as follows:

S(x) = -4x² + 88x - 160.

The coefficients are given as follows:

a = -4, b = 88, c = -160.

Hence the x-coordinate of the vertex is obtained applying it's formula as follows:

x = -b/2a

x = -88/-8

x = 11. -> price of $11.

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Find the value of x.

Answers

The calculated value of x in the circle is 40

How to find the value of x.

From the question, we have the following parameters that can be used in our computation:

The circle

From the circle, we have

Center = C

Also, we have

LIne CS bisects the chord RT

Using the above as a guide, we have the following:

RS = ST

Where

ST = 40 and RS = x

So, we have

x = 40

Hence, the value of x is 40

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Using the region names in the image below, select all regions that represent:

A ∩ B' ∩ C'

3 group Venn Diagram with Roman numeral labeled regions

A intersection not B intersection not C. Region I: Items only in group A, not in B or C. Region II: Items in A and B, but not C. Region III: Items only in B, not in A or C. Region IV: Items in A and C, but not B. Region V: Items in A, B, and C. Region VI: Items in B and C, but not A. Region VII: Items only in C, not in A or B. Region VIII: Items not in any of the groups.

Answers

Answer:

region I

Step-by-step explanation:

Based on the description given, the regions that represent A ∩ B' ∩ C' are:

Region I: Items only in group A, not in B or C. (A intersection not B intersection not C)

These regions fulfill the condition of being in group A (A) and not in group B (B') and not in group C (C') simultaneously.

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What is the measure of angle B? Do not include a degree sign.

Answers

The measure of angle B is given as follows:

m < B = 60º.

What are the trigonometric ratios?

The three trigonometric ratios are the sine, the cosine and the tangent, and they are obtained according to the rules presented as follows:

Sine of angle = opposite side/hypotenuse.Cosine of angle = adjacent side/hypotenuse.Tangent of angle = opposite side/adjacent side = sine/cosine.

For the angle B, we have that:

x is the hypotenuse.x/2 is the adjacent side.

Hence we apply the cosine ratio to obtain the measure of angle B as follows:

cos(B) = (x/2)/x

cos(B) = 1/2

B = arccos(1/2)

B = 60º.

Missing Information

The triangle is given by the image presented at the end of the answer.

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If -1 and 1 + 5i are roots of f(x) = x ^ 3 - x ^ 2 + 24x + 26 what is the missing root?

Answers

The missing root is -24 - 5i.

To find the missing root of the polynomial function f(x) = x^3 - x^2 + 24x + 26, we can use the fact that the sum of all the roots of a polynomial equation is equal to the negation of the coefficient of the second-to-last term divided by the coefficient of the leading term.

In this case, the coefficient of the second-to-last term is 24, and the coefficient of the leading term is 1. Therefore, the sum of all the roots is -24/1 = -24.

We already know that -1 and 1 + 5i are roots, so we can subtract them from the sum to find the missing root:

Missing root = -24 - (-1) - (1 + 5i) = -24 + 1 - 1 - 5i = -24 - 5i.

Note that the missing root is a complex number, indicating that the polynomial has at least one complex root.

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Prove the following?

Answers

The proof that there is no set X such that P(X) ⊂ X is below

How to prove the set statement

From the question, we have the following parameters that can be used in our computation:

There is no set X such that P(X) ⊂ X

The above means that

There is no set X such that the power set of X is a subset of set X

By definition, the power set is the set of all subsets of the a Set which includes the set itself and the null or empty set

Using the above as a guide, we have the following:

We assume there is a set XSuch that Y is any element in the X.

Because Y is in X, then by definition of the power set P(X), Y is a subset of X.

However, this is a contradiction because it is not possible for a set to be a proper subset of itself.

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While driving your rental car on your vacation in Europe, you find that you are getting 13.3 km/of gasolineWhat does this value correspond to in miles per gallon?
13.3km/L=
_mi/gal

Answers

The value of 13.3km/L corresponds to 30.595 miles/gal

how to find the value after conversion

The conversion required is 13.3km/L to mile/gal

converting km to miles

1km = 0.621371 miles

13.3 km = ?

cross multiplying results to

? = 13 * 0.621371 = 8.077 miles

converting L to gallons

1 liters = 0.264172

hence we have that

= 8.077 / 0.264

= 30.595

thus, 13.3km/L is equal to 30.595 miles/gal

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Select the correct answer.
What is the equation of the parabola shown in the graph?

Answers

Answer:

c) y=-x^2/4 - 2x - 7

Step-by-step explanation:

Find the measure of each side indicated for the top two

Find the measure of each angle indicated for the bottom two
Round to the nearest tenth for all

Answers

The measure of each missing indicated side of the triangle would be given as follows;

1.) X = 2.7

2.) X = 15.2

How to determine the length of the indicated sides of the triangle?

For question 1.)

Using the sine formula such as given below;

a/sinA = b/sin B

where ;

a = X

A = 27°

b = 6

B = 90°

That is;

X/sin27° = 6/sin90°

X = 6×0.453990499/1

= 2.7

For question 2.)

a/sinA = b/sin B

where ;

a = X

A = 47.4°

b = 14

B = 180-(47.4+90)

= 180-137.4

= 42.6

That is;

X/sin47.4° = 14/sin42.6°

X = 14×0.736097087/0.676875969

= 10.305359218/0.676875969

= 15.2

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Solve.
A. A furniture truck is carrying five couches. Each couch weighs 250 pounds. How many
more couches are needed to increase the truckload to one ton?

Answers

Answer:

three more couches are needed to increase the truckload to one ton.

Step-by-step explanation:

First, let's calculate the weight of the five couches:

5 couches * 250 pounds/couch = 1250 poundsSince one ton is equal to 2000 pounds, we can subtract the weight of the couches from one ton to find out how much additional weight is needed:

2000 pounds - 1250 pounds = 750 poundsEach couch weighs 250 pounds, so we can divide the additional weight needed by the weight of each couch to determine how many more couches are needed:

750 pounds / 250 pounds/couch = 3 couches Therefore, three more couches are needed to increase the truckload to one ton.

7 more couches ,
2,000 ponds in a ton
1 couch is 250
2,000 divided by 250 is 8
8 minus the 1 couch you already have
is 7

Assuming that you invested today a value of $400; you will have $684 after 11 years. Find the interest rate which satisfies this assumption.​

Answers

The interest rate that satisfies the assumption is approximately 5.33%.

We have,

To find the interest rate that satisfies the assumption, we can use the formula for compound interest:

[tex]A = P \times (1 + r)^t[/tex]

Where:

A = Final amount

P = Principal amount (initial investment)

r = Annual interest rate (in decimal form)

t = Time (in years)

In this case, we have:

P = $400

A = $684

t = 11 years

Let's substitute these values into the formula and solve for r:

$684 = $400 x [tex](1 + r)^{11}[/tex]

Dividing both sides by $400, we get:

[tex]1.71 = (1 + r)^{11}[/tex]

Now, we need to isolate (1 + r) by taking the 11th root of both sides:

[tex](1 + r) = 1.71^{1/11}[/tex]

Using a calculator, we find:

(1 + r) ≈ 1.0533

Subtracting 1 from both sides, we get:

r ≈ 0.0533

To express the interest rate as a percentage, we multiply by 100:

r ≈ 5.33%

Therefore,

The interest rate that satisfies the assumption is approximately 5.33%.

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