Say you take out a loan with a principal of $44,500. The interest rate is 13.11%, compounded monthly. If you make
consistent monthly payments and pay off the loan over the course of six and a half years, how much interest will you
have paid in total? Round dollar amounts to the nearest cent.
a. $21,849.92
b. $3,018.03
C. $20,003.60
d. $24,321.18

Answers

Answer 1

The total amount of interest you will have to pay is $21,849.92. As a result, choice A is accurate.

What is monthly compounding?

Compound monthly is the term used to describe a loan's interest rate, which is added to the principle each month and charged in installments. For instance, a $1,000 loan with a 12% annual interest rate compounded monthly would become $1,010 after the first month if the interest rate was 1%.

Monthly compounding is calculated by multiplying the principal amount by one plus the interest rate by the number of periods, raised to the power of the number of periods. This quantity is subtracted from the principal amount to determine the interest amount.

Thus;

[tex]Interest = 44,500(1 + 0.1311/100)^{6.5} \\= $21,849.92[/tex]

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Related Questions

let f(x)= 2x-9. Find the inverse and evaluate f^1 (-2).

Answers

Answer:

f(x)= 2x-9

f(-2)= 2(-2)-9

f(-2)= -4-9

=-13

(HELP ASAP!)
In baseball, each time a player attempts to hit the ball, it is recorded. The ratio of hits compared to total attempts is their batting average. Each player on the team wants to have the highest batting average to help their team the most. For the season so far, Jana has hit the ball 7 times out of 10 attempts. Tasha has hit the ball 10 times out of 16 attempts. Which player has a ratio that means they have a better batting average?

Tasha, because she has the lowest ratio since 0.7 < 0.625
Tasha, because she has the highest ratio since 56 over 80 is greater than 50 over 80
Jana, because she has the highest ratio since 56 over 80 is greater than 50 over 80
Jana, because she has the lowest ratio since 0.7 < 0.625

Answers

Jana, because she has the highest ratio since 56 over 80 is greater than 50 over 80.

What is ratio?

The numerical relationship between two values that demonstrates how frequently one value contains or is contained within another.

Given:

In baseball, each time a player attempts to hit the ball, it is recorded.

The ratio of hits compared to total attempts is their batting average.

Each player on the team wants to have the highest batting average to help their team the most.

For the season so far,

Jana has hit the ball 7 times out of 10 attempts.

Tasha has hit the ball 10 times out of 16 attempts.

To find the ratio of batting average:

We must find the same number of attempts.

So,

Jana has ratio 7/10.

So, 56 /80 = 0.7

Tasha has ratio 10/16.

So, 50 / 80 = 0.625

Therefore, Jana has the highest batting average.

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An international company has 22400 employees in one country. If this represents 18.3 of the company's employees, how many employees does it have in total? Round your answer to the nearest whole number.

Answers

The total number of employees that this company would be said to have is given as 122424

How to solve for the number of employees

How to solve for the number of employees in the company

We know that the number of employees in one country is 22400, and that this represents 18.3% of the company's employees in total.

We can use this information to set up a proportion to find the total number of employees in the company.

Employees in one country / Total employees = 18.3 / 100

22400 / X = 18.3/100

To find the total number of employees, we can cross-multiply and divide:

X = (22400 * 100) / 18.3

X = 122424

So the company has a total of 122424 employees.

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Mr. Hart recorded the ratio of the minutes spent driving to the miles driven while on a road trip.

Miles Driven

Number of
Minutes Number of Miles
? 40
75 60
100 80

Which graph represents these pairs of values?

Answers

The graph representing the given pairs is represented by the equation y = (4/5)x + 40.

What is expression?In mathematics, an expression or mathematical expression is a finite combination of symbols that is well-formed according to rules that depend on the context.Mathematical symbols can designate numbers (constants), variables, operations, functions, brackets, punctuation, and grouping to help determine order of operations and other aspects of logical syntax.The general equation of a straight line is → y = mx + c

        {m} - slope                 {c} - intercept along the y - axis.

Given is that Mr. Hart recorded the ratio of the minutes spent driving to the miles driven while on a road trip.

The given table is as follows -

Number of Minutes {m} :      75         60

Number of Miles {M} :          100        80

The slope of this graph will be -

m = (80 - 60)/(100 - 75)

m = 20/25

m = 4/5

The equation of the line can be written as -

y = (4/5)x + c

For the point (75, 100) as follows -

100 = 4/5 x 75 + c

100 = 4 x 15 + c

c = 100 - 60

c = 40

The equation of the graph will be -

y = (4/5)x + 40

Refer to the graph attached.

Therefore, the graph representing the given pairs is represented by the equation y = (4/5)x + 40.

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A system of equations is graphed on the coordinate plane.

y=−x+5
y=2x−1

What is the solution to the system of equations? Enter the coordinates of the solution

Answers

The solution to the system of equation shown in the graph is (2, 3)

What is an equation?

An equation shows how two or more numbers and variables are related to each other.

The standard linear equation is:

y = mx + b

Where m is the rate of change and b is the y intercept

Given the equation:

y=−x+5   (1)

y=2x−1   (2)

Solving by elimination method. Subtract equation 2 from 1:

0 = -3x + 6

x = 2

Put x = 2 in eqn 1:

y = -(2) + 5 = 3

The solution is (2, 3)

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Twelve out of Sixty students are trying out for the spring musical. What is the percentage of students trying out for the musical?​

Answers

If Twelve out of Sixty students are trying out for the spring musical, the percentage of students trying out for the musical is , 20%.

What are percentages?

In essence, percentages are fractions with a 100 as the denominator. We place the percent sign (%) next to the number to indicate that the number is a percentage. For instance, you would have received a 75% grade if you answered 75 out of 100 questions correctly on a test (75/100).

Why are percentage representations important?

The usage of percentages is widespread and diverse. For instance, numerous data in the media, bank interest rates, retail discounts, and inflation rates are all reported as percentages. For comprehending the financial elements of daily life, percentages are crucial.

In above question, if Twelve out of Sixty students are trying out for the spring musical, we have,

Number of students trying out for the musical = 12

Total number of students = 60

Percentage of students trying out for the musical is , [tex]\frac{12}{60} *100[/tex] = 20%

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Work out the circumference and area of the circular piee of glass needed for the top of a display cabinet which has a diameter of 1.8m. Use #=3.14? Circumference = in m and Area = in m2

Answers

Hello there!

Answer:

Circumference: [tex]l = 2\pi r = 2*3.14*0.9 = 5.652 (m)[/tex]

Area: [tex]S = \pi r^2 = 3.14 * 0.9^2 = 2.5434(m^2)[/tex]

Step-by-step explanation:

We should know 2 important formulas:

Circumference: [tex]l = 2\pi r[/tex]

Area: [tex]S = \pi r^{2}[/tex]

So we need to find the value of r (radius) which equal to a half of diameter:

[tex]r = d/2[/tex]

[tex]r = 1.8/2 = 0.9(m)[/tex]

Circumference: [tex]l = 2\pi r = 2*3.14*0.9 = 5.652 (m)[/tex]

Area: [tex]S = \pi r^2 = 3.14 * 0.9^2 = 2.5434(m^2)[/tex]

Nathaniel is searching for a four-leaf clover in a field. He finds 2 four-leaf
clovers during the first 12 minutes of his search. If Nathaniel spends a total of
180 minutes searching in the field, predict the number of four leaf clovers
Nathaniel will find.

Answers

Answer:

30 clovers

Step-by-step explanation:

If Nathaniel find 2 four-leaf clovers in the first 12 minutes of his search, the rate at which he finds the four-leaf clovers is:

[tex]\implies \sf Rate=\dfrac{2\;clovers}{12\;minutes}=\dfrac{1}{6}\;clovers\;per\;minute[/tex]

To predict the number of four-leaf clovers Nathaniel will find in 180 minutes, multiply the found rate by 180 minutes:

[tex]\implies \sf \dfrac{1}{6} \times 180=30\;clovers[/tex]

Therefore, Nathaniel will find 30 clovers in 180 minutes based on the rate at which he found 2 clovers.

[tex] \sf \longmapsto \: Prediction \: of \: 4 \: leaf \: clovers=2/12×180

\: [/tex]

[tex] \sf \longmapsto \: Prediction \: of \: 4 \: leaf \: clovers=30clovers[/tex]

What are terms and common rations ? Can someone explain to me how to solve

Answers

For the arithmetic sequence 4 - 2(n - 1), we have that:

The first term is 4.The second term is 2.The third term is zero.The fourth term is -2.The fifth term is -4.The common difference is -2.

For the geometric sequence 6 x 3^(n - 1), we have that:

The first term is 6.The second term is 18.The third term is 54.The fourth term is 162.The fifth term is 486.The common ratio is 3.

How to model the arithmetic sequence?

An arithmetic sequence is a sequence of numbers in which there is a common difference of the numbers, that is, the subtraction between consecutive terms of the sequence is always constant.

The nth term of an arithmetic sequence is given by the equation presented as follows:

[tex]a_n = a_1 + d(n - 1)[/tex]

In which:

[tex]a_1[/tex] is the first term.d is the common difference.

The sequence in this problem is defined as follows:

4 - 2(n - 1)

Which has first term 4 and common difference -2, hence the terms are:

4, 2, 0, -2, -4, -6 and so on...

What is a geometric sequence?

A geometric sequence is a sequence of numbers in which there is a common ratio of the numbers, that is, the quotient between consecutive terms of the sequence is always constant.

The nth term of a geometric sequence is given by the equation presented as follows:

[tex]a_n = a_1 \times q^{n - 1}[/tex]

In which:

[tex]a_1[/tex] is the first term.q is the common ratio.

The sequence for this problem is given as follows:

6 x 3^(n - 1)

Which has first term of 6 and common ratio of 3, hence the terms are given as follows:

6, 18, 54, and so on...

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5x35 65x76 what the the total

Answers

The solution to the above math arithmetic is 5115.

Addition and subtraction are what?

Finding the sum and difference of two integers are the two main addition and subtraction arithmetic procedures. They are both the other's polar opposite. An ordered group of integers with a shared difference between each word is known as an arithmetic sequence. The common difference, for instance, between the mathematical series 3, 9, 15, 21, and 27 is 6.

What exactly is an algebraic question?

This grouping contains percent difficulties, decimal recognition, addition, subtraction, multiplication, and division as well as fraction and percent equivalences and estimate issues.

For instance, 5 + 6 = 11 and 11 - 6 = 5.

5x35 + 65x76=5115

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In triangle ABC, angle A is 37° and angle B is 24*. Select all triangles which are similar to triangle ABC.

D triangle DEF where angle Dis 37° and angle E is 24
• triangle GHI where angle G is 37" and angle I is 34°
O triangle JKL where angle J is 35" and angle L is 125*
• triangle MNO where angle Nis 24* and angle E is 119
O triangle POR where angle O is 24° and angle R is 30

Answers

Answer:

Triangles DEF and JKL are similar to triangle ABC because they have corresponding angles with the same measure.

Step-by-step explanation:

Triangles DEF and JKL are similar to triangle ABC because they have corresponding angles with the same measure.

•The Triangle GHI is not similar to triangle ABC because the measure of angle G does not match the measure of angle A.

•The Triangle MNO is not similar to triangle ABC because the measure of angle N does not match the measure of angle B.

• The Triangle POR is not similar to triangle ABC because the measure of angle R does not match the measure of angle A or B.

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: 1/2 Log10 25/4 - 2 log10 4/5 + log10 320/125 ​

Answers

To simplify this expression, you can first simplify the logarithms by using the properties of logarithms and the simplified expression is -0.00195

What is logarithm?

A logarithm is a mathematical function that is used to determine the power to which a number must be raised in order to produce a certain value. The logarithm of a number "b" to base "a" is represented as loga(b) or logb. The logarithm of b to base a is equal to the exponent to which we must raise a to get b.

[tex]1/2 Log10 25/4 - 2 log10 4/5 + log10 320/125[/tex]

To simplify this expression, you can first simplify the logarithms by using the properties of logarithms.

[tex]1/2 log10 25/4 - 2 log10 4/5 + log10 320/125[/tex]

=[tex]1/2( log10 25 - log10 4) - 2 (log10 4 - log10 5) + (log10 320 - log10 125)[/tex]

= 1/2(1.397940008672037 - 0.6020599913279624) - 2*(-0.6020599913279624 - 0.6989700043360187) + (2.505149978319906 - 2.0969100130080566)

= 0.397940008672037 - 1.204120018655925 - 1.397940008672037 + 0.40825006983185

= -0.2 - 0.2062 + 0.40825

= -0.00195

So the simplified expression is -0.00195

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Complete question is: simplify the given equation:  1/2 Log10 25/4 - 2 log10 4/5 + log10 320/125

Erika sells bicycles at a store. She is paid a monthly salary plus a bonus on each bike she sells. Her monthly pay is modeled in the table. Choose the linear equation below that best represents this data.​

Answers

Answer: Show the table

Step-by-step explanation:

SHow the table

A cell tower is located 3 miles east and 6 miles north of the center of a small town. The cell tower has a coverage radius of 4 miles.

Start by drawing a diagram of this situation. Your diagram might include a coordinate plane, the cell tower, and a circle representing the cell tower's coverage boundary.

A house is located 7 miles north of the center of the town and is to the east of the cell tower. If the house lies on the boundary of the cell tower's coverage, how far east of the center of the town is the house?

Answers

The house is located 6.87 miles to the east of the cell tower.

What is Pythagoras theorem?

“In a right-angled triangle, the square of the hypotenuse side is equal to the sum of squares of the other two sides“.

Given:

Let the center of the town represent the origin (0,0).

Also 1 unit = 1 mile.

Since the cell tower is located 3 miles east and 6 miles north of the center of a small town, it is represented by A(3, 6)

The cell tower has a coverage of radius 4 miles. This can be represented by a circle with equation:

(x - a)² + (y - b)² = r². where (a,b) is the center of the circle and r is the radius.

Then, (x - 3)² + (y - 6)² = 4²

(x - 3)² + (y - 6)² = 16

b) The house is 7 miles north. It can be represented by y = 5 line.

To find the distance east of the house we have to substitute y = 5 and solve for x,

(x - 3)² + (y - 6)² = 16

(x - 3)² + (5 - 6)² = 16

(x - 3)² + 1 = 16

(x - 3)² = 15

(x - 3) = ±3.87

x= 3 ±3.87

x= 6.87 or 0.87.

Hence, the house is located 6.87 miles to the east.

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a
=
8.7
rounded to 1 DP
b
=
0.82
rounded to 2 DP
Find the maximum of
a
+
b

Answers

The maximum value considering DP of a and b is 9.52.

What is the decimal places of numbers?

The decimal places of a number are the number of digits to be considered after the decimal point. E.g Round 4.7583 to 2 dp, we have;

4.76 3 dp

The maximum value of a sum of numbers is the highest value obtained when these numbers are added one to each other. The decimal places of each number is put into consideration in the process.

From the given question;

a = 8.7 and b = 0.82

Thus,

a + b = 8.7 + 0.82

        = 9.52

a + b = 9.52

Therefore, the maximum of a + b = 9.52

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If given the following scenario: The half-life of Sodium-24 is 15
hours. If you start with 352 grams of Sodium-24 how much would
be left after 8 days?

0.049 grams

Approximately 0 grams

1.375 grams

95.965 grams

Answers

Sodium has two radioactive cosmogenic isotopes (22Na, half-life = 2.605 years; 24Na, half-life = ~ 15 hours) that have been used as tracers in hydrologic studies.

Sodium-24 how much would be left after 8 days?

Sodium-24, a radioactive isotope having a half life of 15 hours is used medically in blood studies and it decays by beta decay.

Na has received considerable attention in hydrologic research because it is a mobile element that participates in precipitation and dissolution reactions in ground water (clay formation, albitization of plagioclase). Their short half-lives (i.e. high decay rate) make their measurement relatively easy by common radioanalytical techniques.

Substantial concentrations of 22Na and 24Na have been measured in precipitation (Roedel, 1970; Perkins et al., 1970). However, no studies have as yet been published documenting the cosmogenic sodium systematics in ground or surface waters.

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I’m trying to solve this problem I need to convert it to base 5

Answers

Answer: The answer is 29,446,941,856

Step-by-step explanation:

DUE SOON! PLEASE HELP!
SHOW ME HOW TO GET IT FOR NEXT TIME! SO CONFUSED AND BEEN STUCK FOREVER PLEASE HELP!
QUESTION DOWN BELOW!

Answers

The value of m in the given equation 4x² -mx +9 will be 13.

What is polynomia?

A polynomial is a mathematical equation that solely uses the operations addition, subtraction, multiplication, and non-negative integer exponentiation of variables. Variables are sometimes known as indeterminates in mathematics. Polynomials come in various varieties. Monomial, binomial, and trinomial, respectively.

given an equation 4x² -mx + 9 = 0 and the question states that it has a root that is equal to 1

Since 1 is the root of this quadratic equation it will satisfy the equation

Substituting the values in the equation

4 - m + 9 = 0

m = 13

Therefore, In the given equation 4x² -mx +9 the value of m will be 13.

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If these two shapes are similar, what is the measure of the missing length j?

Answers

Step-by-step explanation:

since the 2 shapes are similar then their sides are proportional

9/18= j/90

then j equals 45

BC is the diameter of the semicircle. The area of rectangle ABCD is 20 and the length of line AB is 5.What is the area of the semicircle?

Answers

Answer:

2[tex]\pi[/tex] [tex]units^{2}[/tex]

Step-by-step explanation:

BC is equal to 4 because 5*4=20.

The radius is 2. The equation for the area of a circle is [tex]\pi r^2[/tex].

Therefore, if we plug in 2 we will get [tex]4\pi[/tex].

But then we divide by 2 to get 2[tex]\pi[/tex] [tex]units^{2}[/tex] as our answer.

Hope this helped! :)

Assume that AGHIE ALMN. Which of the following congruence statements
are correct? Check all that apply.
A. ZL 21
B. IG LM
C. THNM
D. ZN 21
E. GH = LM
F. ZME ZH

Answers

On solving the provided questions, we can say that the congruence of ABC=DEF, where A=D, B=E, and C=F.D because they are equal in length. F

What is congruence?

A figure that can be put exactly on another is said to be "matching." When the bread is piled, it is the same size and shape. The term "match" describes things that are precisely the same shape and size. A pair of geometric figures is said to be congruent or to be in a congruent relationship if one of them can be reliably superimposed over the other.

B D and F.

B because they would go together if the statement were put in that particular sequence. ABC=DEF, where A=D, B=E, and C=F.D because they are equal in length. F due to the same cause as B.

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What is the image of the point (-7,-8) after a rotation of 180∘ counterclockwise about the origin?

Answers

It should be (7,8). The formula for 180 degree rotations is (x,y)->(-x,-y)

M/5 + 9=11
Solve two step equations

Answers

Answer:

m=10

Step-by-step explanation:

m/5+9=11 subtract 9

m/5 = 2 multiply 5 by both sides

m = 10

Bismah is building 5 raised garden beds in a community garden. Each raised
garden bed will need 1 7/8 bags of soil. How many bags of soil will Bismah need for
8
all 5 raised garden beds?

5 5/8bags of soil

9 3/8 bags of soil

9 5/8 bags of soil

8 7/8 bags of soil

5 3/8 bags of soil

Answers

The fraction of soil bags Will needs in total for all 5 raised garden beds is   9 3/8.

What is community?

In mathematics, community is the study of how objects interact and relate to each other. It focuses on analyzing the relationships between elements and understanding how they interact to form each other. Also explore how changes in one element affect other elements. Community in mathematics is also about recognizing patterns, finding solutions, and exploring the impact of change. It is an integral part of mathematics and is used in many areas of study such as algebra, geometry, and calculus. This can be calculated by multiplying the number of raised beds (5) by the amount of soil required per raised bed.

(1 7/8 bag).

5 x 1 7/8

= 9 3/8 bags

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A book publisher find production cost associated 30 and fixed cost 25000 if each book is sold for 50 find cost function and profit function

Answers

The cost function is a function that describes the total cost of producing x number of books. The fixed cost of 25000 is a constant cost that does not depend on the number of books produced, so it is not included in the cost function. The cost function is therefore:

Cost function: C(x) = 30x

The profit function is a function that describes the profit made from selling x number of books. The profit is equal to the revenue from selling the books minus the cost of producing the books. The revenue from selling x number of books at a price of 50 each is 50x, so the profit function is:

Profit function: P(x) = 50x - 30x = 20x

This profit function tells you that for every book you sell, you will make a profit of 20.

Terryl invests $1500 in two mutual funds. In the first year, one fund grows 3.8% and the other grows 6%. Write a polynomial to represent the value of Terryl’s investment after the first year if he invested x dollars in the fund with the lesser growth rate.

Answers

The polynomial that represents the value of Terryl’s investment after the first year if he invested x dollars in the fund with the lesser growth rate is;

p(x) = x(1 + 6/100)

g(x) = (1500 - x)(1 + 3.8/100)

How to find the compound interest?

The compound interest is defined as a form of interest whereby the rate of interest is applied on the amount obtained after every given interval of time.

We are given that;

The total amount invested in the two mutual funds = $1500.

The growth rate of the first mutual fund = 6%.

The growth rate of the second mutual fund = 3.8%.

If the amount invested in the first mutual fund is x, then the amount invested in second mutual fund is 1500 - x.

The growth for both mutual funds can then be represented by;

First mutual fund; p(x) = x(1 + 6/100)

The second mutual fund; g(x) = (1500 - x)(1 + 3.8/100)

Thus, the polynomial expression for both the mutual funds are;

p(x) = x(1 + 6/100) and g(x) = (1500 - x)(1 + 3.8/100) respectively.

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which is a solution to (x-2)(x+10)=13

Answers

Answer:

answers 3

Step-by-step explanation:

took more thinking than it should've tbh (3-2=1) (3+10=13) 1x13=13

PLEASE HELP ASAP DUE TODAY

Answers

Answer:

y = -3/4x + 52

y + 6 = -3/4(x-8)

Step-by-step explanation:

y = mx + c

as long as the number is -3/4x , it represents slope -3/

Answer:

B. y = -3/4x + 52, C. y + 6 = -3/4(x - 8), and F. 3x + 4y = 9

Step-by-step explanation:

A. -3x + 4y = -34

y = 3/4x - 17/2

Slope = 3/4

INCORRECT

B. y = -3/4x + 52

Slope = -3/4

CORRECT

C. y + 6 = -3/4(x - 8)

y = -3/4x

Slope = -3/4

CORRECT

D. 4x + 3y = -22

y = -4/3x - 22/3

Slope = -4/3

INCORRECT

E. 4x - 3y = 48

y = 4/3x - 16

Slope = 4/3

INCORRECT

F. 3x + 4y = 9

y = -3/4x + 9/4

Slope = -3/4

CORRECT

G. y - 6 = 3/4(x - 8)

y = 3/4x

Slope = 3/4

INCORRECT

Find the greatest common factor of the
following monomials:
gh5
OOHO
Clear all
10g5h4
Enter the correct answer.
?
DONE

Answers

To find the greatest common factor (GCF) between monomials, take each monomial and write it's prime factorization. Then, identify the factors common to each monomial and multiply those common factors together.

What is monomial?Monomial is defined as an expression that has a single non-zero term. It consists of different parts like the variable, the coefficient, and its degree. The variables in a monomial are the letters present in it. The coefficients are the numbers that are multiplied by the variables of the monomial. The degree of a monomial is the sum of the exponents of all the variables. Let us consider an expression 6xy2. The variables, the coefficient, and the degree of this monomial are shown in the table given below. Observe the table to learn the various parts of the monomial 6xy2.In algebra, a monomial is an expression that has a single term, with variables and a coefficient. For example, 2xy is a monomial since it is a single term, has two variables, and one coefficient. Monomials are the building blocks of polynomials and are called 'terms' when they are a part of larger polynomials. In other words, each term in a polynomial is a monomial.

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A student wants to write an expression for, all of the elements which are in set A AND all of the elements in set B.” Which expression below matches the statement? (A ‘U B’). (A U B). (A n B) P(A n B)

Answers

A student wants to write an expression for, all the elements which are in set A and all the elements in set B. Then, the expression matches the statement is (A n B), which is read as A intersection B. Thus, option B is correct.

What is intersection?

The intersection of two sets A and B, denoted by display by (A B). It is the set containing all elements of A that also belong to B, or, alternatively, all elements of B that also belong to A. The symbol is sued for the intersection is ∩. This is defined as that the element of A and B are is a single set.

Therefore, option B is correct.

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