Use the monthly payment formula to find the monthly payment for a $1,000, one year
loan at an APR of 7.5%

Answers

Answer 1
Answer:  89,58 $

Step-by-step explanation:

The formula :

[tex]\displaystyle \rm S=A\cdot \left (1+\frac{N}{100} \right )^{\big r}[/tex]

where r is years ; N is the percentage by which we increase the price ; A is the original price

In our case :

[tex]\rm r=1 \ \ ; \ \ A=100 \ \ ; \ \ N=7,5\% \\\\ S=1000\cdot \bigg( 1+\dfrac{7,5}{100} \bigg)^1=1000\cdot 1,075=\boxed{1075\$}[/tex]

Then the monthly salary is equal to:

[tex]\dfrac{1075}{12} \approx 89,58 \$[/tex]


Related Questions

Please helppppppppppppp!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

558

Step-by-step explanation:

The sum of the first n numbers is ½n(n + 1)

which is the left most number in each row number n

so finding the row containing 526

½n(n + 1) > 526

½n² + ½n > 526

n² + n > 1052

n² + n - 1052 > 0

n > (-1 + √(1² - 4(1)(-1052))) / 2(1)

n > 31.938

so 526 is almost to the end of the 32 row.

The end of that row is ½(32(33)) = 528

so 526 resides two spaces to the right of 528

The end of the row below it, row 33, is ½(33)(34) = 561

As each row is one number longer than the previous row, we count back

2 + 1 = 3 numbers from the end to find what is under 526

561 - 3 = 558

John and Jill collect 280 stamps. Out of this John collected three time as many as
Jill. How many stamps did Jill collected?

Answers

Answer:

Jill collected 70 Stamps

John collected 210 Stamps

Step-by-step explanation:

280/4=70

Please allow me to know if my answer helped you with a thank you!

<3Miss Hawaii

What did you learn in this lesson about the value of leaving the money invested for long periods of time? How can you apply this to retirement?

Answers

Answer:

65435675e

Step-by-step explanation:

12456764 br5654365

What did James earn this pay period? (use pay stub) *
1 point
$1451.28
$1000.00
$709.74

Answers

make a purchase, then the statement is true.
If you just leave the balance <> to 0 and don't purchase anything more, the interest just keeps on building up. It is the surest way to get into financial trouble.

Austin and his wife go out to dinner. Their bill is $59.36. They want to leave a 19%
tip, and there is a sales tax of 5.5%. What is the final amount they will pay?
$62.62
$73.90
$74.49
$70.64

Answers

Answer:

The final amount they will pay is $74.49

Step-by-step explanation:

59.36(Check)*0.19(19% tip rate)=11.27

59.36+11.27=70.62 Check+Tip

70.62(Check total)*0.055(5.5% tax)=3.87

70.62+3.87=74.49 Total check, tip & tax

From past experience, it is known that a telemarketer makes a sale with probability 0.2. Assuming that results from one call to the next are independent. Determine the probability that telemarketer makes:___.
a. the first sale on the third call
b. the first sale after the third call
c. the second sale on the fifth call
d. the second sale before the fifth call

Answers

It could be A no C but maybe D but B also looks like a great option to choose

como se escribe 654,007,000 en letra​

Answers

Answer:

seiscientos cincuenta y cuatro millones siete mil

The area of manang district is square kilometre is 2,246 find the prime factors of 2246​

Answers

The prime factor of 2246 is 1123

A principal of $2200 is invested at 6.25% interest, compounded annually. How much will the investment be worth after 13 years

Answers

Answer:

Let S = Sum after 13 years

So = amount invested

t = time in years

i = annual interest rate = .0325

The S = So(1+i)t = $2,200(1.0325)13 = $3,334.21

After 13 years, the investment will be worth approximately $4365.67. To calculate the future value of the investment after 13 years with annual compounding interest, we can use the formula for compound interest.

Future Value (FV) = Principal (P) * (1 + (Interest Rate (r) / 100))^Time (n)

Where:

P = Principal (initial investment)

r = Annual interest rate (as a decimal)

n = Number of years

Given:

Principal (P) = $2200

Annual interest rate (r) = 6.25% = 6.25/100 = 0.0625 (as a decimal)

Number of years (n) = 13

Now, let's calculate the future value:

FV = $2200 * (1 + 0.0625)^13

FV = $2200 * (1.0625)^13

FV ≈ $2200 * 1.984396861  (rounded to 9 decimal places)

FV ≈ $4365.672097  (rounded to 2 decimal places)

After 13 years, the investment will be worth approximately $4365.67.

To know more about investment:

https://brainly.com/question/29074561

#SPJ2

You deposit $200 in a savings
account that pays a simple
interest rate of 3.25% per year.
How much interest will you earn
after 5 years?

Answers

Answer:

$16.25

Step-by-step explanation:

First, you have to find 3.25*5 which is 16.25.

16.25 is the percent rate of your total interest over the course of 5 years.

In other words, you have to do 200*0.1625 which is 32.5.

So, your answer is $16.25.

Good luck!

$16.25 I took the test

Use rounding to the nearest whole number to estimate the product

4 1/4 • 7 9/17

A) About 32
B) About 35
C) About 40
D) About 25

Answers

Answer:

A) About 32

Step-by-step explanation:

4 1/4 • 7 9/17

The first one is rounded down as 1/4 < 1/2 and the second one rounded up as 9/17 > 1/2.

4 * 8 = 32

Correct choice is A

4 1/4=17/47 9/17=128/17

Product

17/4(128/17)128/432

Option A

Given that lines a and b are parallel:
If m48 = (-x + 13), and
= +
m42 = (9x - 27),

Answers

Answer:

[tex]x= 9m+69​ ,m 48​ =− 9m​ + 316​[/tex]

 

 

 

Can somebody help me with number 5 and number 8

Answers

Answer:

8.b. 5.d

Step-by-step explanation:

I think. because of space is not to famielier on me and between of point i think

six cocker spaniels have a total weight of 192 pounds. Five golden retreivers have a average weight of 71 pounds. what is the average weight of all 11 dogs.

Answers

Answer:

23.9lbs or 24lbs

Step-by-step explanation:

This may not be correct so don't bet your first born on it

How to type a line above the number 6 on chromebook.

Answers

Answer:

you put in the number 6 but you leave room uptop so enter and then put 6 for the----- so in other words

-----

6

Hello, i need some help for questions 2-5 please

Answers

Answers:

4. =9.999........

Examplantion :

5×2÷3=9.99999..........

The container that holds the water for the football team is 2/3
full. After pouring out 3
gallons of water, it is 1/2
full. How many gallons can the container hold?

Answers

Answer:

18 gallons

Step-by-step explanation:

We'll find out how much of the total container was lost when pouring out by subtracting 2/3 from 1/2.

2/3 = 4/6

1/2 = 3/6

4/6 - 3/6 = 1/6

1/6 of the total amount the container could hold was lost when 3 gallons was poured out. This means that 1/6 of the container equals to 3 gallons. We can then simply multiply 3 by 6 to find the number of gallons of liquid the container can hold.

3 * 6 = 18 gallons

Checking my answer:

18 * 2/3 = 6 * 2 = 12

12 - 3 = 9

1/2 of 18 = 9

This means that our answer is correct.

Caleb wants to rent a kayak. Kayak rentals cost $91.61 for a half hour. If Caleb rents a kayak for 2.9 hours, how much will it cost him?

Answers

Answer:

$265.669

Step-by-step explanation:

$91.61 times 2.9 equals 265.669, therefore it would cost him $265.669. Round up/down if needed.

Can you please tell me the answer please

Answers

Answer:

34°

Step-by-step explanation:

21x - 1 + 11x +1 + 26x + 6 = 180

58x -1 +1 +6 = 180

58x +6 = 180

58x = 174

x = 3

11 × 3 + 1 = 34


help meeeeeeeeeeeee





2/3u. 4/2u².3=

Answers

Answer:

4u³

Step-by-step explanation:

2/3u × 4/2u² = 4/3u³

4/3u³ × 3/1 = 4u³

Answer:

4u³

Step-by-step explanation:

[tex]2/3u*4/3u^2*3=[/tex][tex]2/3*4/2*3u^{1+2}=[/tex][tex]4u^3[/tex]

The degree of the polynomial function f(x) is 4.The roots of the equation f(x)=0 are −6, −2, 1, and 3.Which graph could be the graph of f(x)?

Answers

It’s a s 7.47 because of the five and six

PLS HELP ME I NEED IT

Answers

Step-by-step explanation:

the area = [tex](\frac{1}{2}) (18)(4)\\[/tex] = [tex]36ft^{2}[/tex]

please give me a brainliest answer

1) Eight times the difference between a number and seven, is the same as when five times
the number is increased by four. Find the number.

Answers

Tip: Go step-by-step

Let the number = x

Eight times the difference between a number and seven.. = 8(x-7)

is the same as... =

the number increased by 4.. x+4

8(x-7)=x+4

Distribute

8x-56=x+4

Subtract x from both sides

7x-56=4

Add 56 to both sides

7x=60

x=60/7

Help please thank you

Answers

Mistake is both the numbers were added. After multiplication, it becomes 3.3 * 10^8

Based on your equation, what was the car’s approximate initial velocity (at time=0)?

Answers

From the intercept of the line of best-fit, the car’s approximate initial velocity was of 5.7 m/s.

How to find the equation of linear regression?

To find the regression equation, also called line of best fit or least squares regression equation, we need to insert the points (x,y) in the calculator. These points are given on a table or in a scatter plot in the problem.

For this problem, the input and the output are defined as follows:

Input: Time in seconds.Output: Velocity in m/s.

Hence the points are given by:

(2, 13.1), (4, 19.8), (6, 28.1), (8, 34.6).

Using these points and a calculator, the equation is:

v = 3.64s + 5.7

The intercept of 5.7 represents the initial velocity in m/s.

A similar problem, also involving a line of best-fit, is given at https://brainly.com/question/22992800

#SPJ1

Two angles are complementary. One angle is 8º less than three times the other angle. Find the measures of the angles.
Part 1 of 2
The smaller angle is
Part: 1 / 2
Part 2 of 2
The larger angle is
Submit Assignment

Answers

Answer:

Step-by-step explanation:

complementary angles sum to 90°

Let angle 1 =  x

    angle 2 =  3x - 8

  3x - 8 + x = 90

             4x = 98

               x = 24.5°

3(24.5) - 8 = 65.5°

or

90 - 24.5 = 65.5°

When the mortgage is completely paid off your house, it will be 5 times as old as it is now. If you have 28 years left on the mortgage, how old is the house now?

Answers

Well this will depend on if you have a 30 year mortgage and if there is 28 years left you paid 2 years only. 0.214

HELP ME!!!! MY HOMEWORK IS SOOO CONFUSING

Answers

i thing the answer is D the last chart

6) Find the equation of a line that is parallel to y = 2x + 3 and passes through (-1,-1).
A) y = 2x + 1
B) y = 2x + 3
C) y = 4x + 3
D) y = 4x + 5

Answers

Answer:

A Y=2X + 1

Step-by-step explanation:

2x wouldn't the same because of the fact that is Is a parallel line and setting the slope to 1 caused it to pass through (-1,-1)

PLZ HELP ME SOMEONE!!!

Answers

Answer:

131

Step-by-step explanation:

Hope this helps

Answer:

the answer is 130.9 round it up and you get 131

Step-by-step explanation:

Other Questions
the study of food components and how the body uses them to sustain life and health is 8. In February, you have a balance of $270 in your bank account. Each month you deposit $45. Let January = 1, February = 2, and so on. Write an equation for this situation. Use the equation to find the balance in June.A. y 270 = 45x; $45B. y = 45(x 4); $180C. y = 45(x 4); $270D. y 270 = 45(x 2) ; $450 How many cc of methane at not is required to react completely with 20cc of oxygen? Please helps meee! Why might the ability to adapt be important to modern humans 20 POINT QUESTION!!!! f(x)=12x^(2)+4x-5 find the zeroes of the function... People who have goals know what they want in life and feel about them.Based on the purpose and tone of an expository essay, which words are examples of precise words that complete thesentence above? Check all that apply.stronglygoodpassionatelyenthusiastichappy Why is knowledge and skills important in animal care and breeding? Explain in 3 to 5 sentences. list the coordinate for both pairs. There are many______ at the tourist attractions(sightsee) Many of the Amendments in the Bill of Rights focus on:A. Legal protectionsB. Federal supremacyC. Safeguards against democracyD. State's rights please help me quickly!!!!Select the equivalent expression. Teach a patient some trick on how to cope with early demetia THIS IS MY LAST WUESTION FOR MY TEST I ONLY HAVE 30 MINS LEFT TO ASNWER HELP. Tiffany decided to make a salad for her lunch. She combined Lettuce, croutons, bacon,cucumbers, cheese, ham and salad dressing into her bowl. As she was adding each differentingredient, she tasted each one to make sure that she like it. When she was done, she ate hersalad. She noticed while she was eating the salad, that it had a different flavor than each of theoriginal ingredients. What type of change occurred?Homogenous changeA solution changeA chemical changeA physical change provisional government Why was the attack on Sindh a "shameful British act"? Determine what type of model best fits the given situation: A. none of theseB. exponentialC. quadraticD. linearReset Selection Using the drop-down menus, choose whether each sentence is narrative or descriptive writing.I paddled my canoe onto the lake and took a deep breath of summer air. The wretched huts - often little more than tents made of salvaged wood or metal - were crowded along the filthy street. The huge oak tree towered above. Its branches coiled in different directions, illuminated by an enchanting light: fireflies. Yoms fruta por favor (please).a. quierob. quererC.quieresd. quiere What is the distance between the points (18, 7) and (6, 7)? How did America win the war for independence (answer in a paragraph) will give BRAILIEST