You have $2,000 on a credit card that charges a 16% interest rate. If you want to pay off the credit card in 5 years, how much will you need to pay each month (assuming you don't charge anything new to the card)?

Answers

Answer 1

9514 1404 393

Answer:

  $48.64

Step-by-step explanation:

The monthly payment amount is given by the amortization formula ...

  A = P(r/n)/(1 -(1 +r/n)^(-nt))

where P is the loan amount, r is the annual interest rate compounded n times per year for t years.

Here, you have P=2000, r=0.16, n=12 (months per year), t=5 (years), so the payment is ...

  A = $2000(0.16/12)/(1 -(1 +0.16/12)^(-12·5)) = $320/(12(0.54828942))

  A ≈ $48.636 ≈ $48.64

You will need to pay $48.64 each month to pay off the charge in 5 years.


Related Questions

Integers are sometimes whole numbers

true or false

Answers

Answer:

True

Step-by-step explanation:

Integers are always whole numbers

negative, 0, positive:: whole numbers

In the diagram below, ΔABC ≅ ΔDEF. Complete the statement AB¯¯¯¯¯¯¯¯≅ __

A. BC
B. DF
C. FE
D. DE

Answers

Answer:

The answer would be D. DE

Step-by-step explanation:

same prob

Congruent triangles are exact same triangles, but they might be placed at different positions. The correct option is D.

What are congruent triangles?

Suppose it is given that two triangles ΔABC ≅ ΔDEF

Then that means ΔABC and ΔDEF are congruent. Congruent triangles are exact same triangles, but they might be placed at different positions.

The order in which the congruency is written matters.

For ΔABC ≅ ΔDEF, we have all of their corresponding elements like angle and sides congruent.

Thus, we get:

[tex]\rm m\angle A = m\angle D \: or \: \: \angle A \cong \angle D \angle B = \angle E\\\\\rm m\angle B = m\angle E \: or \: \: \angle B \cong \angle E \\\\\rm m\angle C = m\angle F \: or \: \: \angle C \cong \angle F \\\\\rm |AB| = |DE| \: \: or \: \: AB \cong DE\\\\\rm |AC| = |DF| \: \: or \: \: AC \cong DF\\\\\rm |BC| = |EF| \: \: or \: \: BC \cong EF[/tex]

(|AB| denotes the length of line segment AB, and so on for others).

Given that ΔABC ≅ ΔDEF. Therefore, the given sentence can be completed as AB ≅ ΔDE.

Hence, the side AB ≅ ΔDE

Learn more about Congruent Triangles:

https://brainly.com/question/16921692

#SPJ5

find the HCF of 72,108 and 180​

Answers

Answer:

36 is the answer

Step-by-step explanation:

Answer:

36

Step-by-step explanation:

72: 2×2×2×3×3

108: 2×2×3×3×3

180: 2×2×3×3×5

here, common factors are 2,2,3 and 3 ..

so.. HCF: 2×2×3×3

•°•HCF=36 ..

Any answer that is not exact is an _____.

Answers

I think a hypothesis

If an answer is not exact then that will be unequal.

What is inequality?

A difference between two values indicates whether one is smaller, larger, or basically not similar to the other.

A mathematical phrase in which the sides are not equal is referred to as being unequal. In essence, a comparison of any two values reveals whether one is less than, larger than, or equal to the value on the opposite side of the equation.

In other words, inequality is just the opposite of equality for example 2 =2 then it is equal but if I say 3 =6 then it is wrong the correct expression is 3 < 6.

If a value is not equal to the answer of that value then that is called unequal.

For example 2 and 3 then 2 is not equal to 3 so it will be inequal i.e. 2<3.

Hence "If an answer is not exact then that will be unequal".

For more about inequality?

brainly.com/question/20383699

#SPJ2

Write the equation of the line that passes through the points (- 5, 1) and (2, 0) . Put your answer in fully reduced slope intercept form, unless it is a vertical or horizontal line

Pls help me with this one:(

Answers

Answer:

y=-1/7x + 12/7

Step-by-step explanation:

Start by finding the slope

m=(1-0)/(-5-2)

m=-1/7

next plug the slope and the point (-5,1) into point slope formula

y-y1=m(x-x1)

y1=1

x1= -5

m=-1/7

y- 1 = -1/7(x - -5)

y-1=-1/7(x+5)

Distribute -1/7 first

y- 1=-1/7x + 5/7

Add 1 on both sides, but since its a fraction add 7/7

y=-1/7x + (5/7+7/7)

y=-1/7x+12/7

Answer:

Step-by-step explanation:

(-5,1) (2,0)

m=(y-y)/(x-x)

m = (0-1)/2- -5)

m = -1/7

(2,0)

y-0= -1/7 (x-2)

y = -1/7x + 2/7

Operaciones con funciones Suma, resta, multiplicación y división
F(x) 6x+2
G(x) 3x-2
AYUDAAA

Answers

Answer:

let us do one night

Step-by-step explanation:

Agg-77182882

(#(+2+

Type an equation for the
following pattern.
x
1 -2
2
4
3
-6
y=[? ]x+[ ]
4
-8
S
- 10

Answers

Answer:

y=-2x

Step-by-step explanation:

first find the slope: (-2-(-4))/(1-2)=2/-1=-2 so m=-2

now we have y=-2x+b, to find b we plug in any of the points

-2=-2(1)+b-2=-2+b b=0

so the equation is y=-2x

87.26+(-25.6)+(-5.4)

Answers

Answer:

= 87.26 + (-25.6) + (-5.4)

=87.26- 25.6 - 5.4

= 87.26 - 31

= 56.26

✌✌✌✌✌

In some sparsely populated areas of the United States, the speed limit on highways can be as high as 80 miles per hour (mph).
What is this speed in meters per second (m/s)?

Conversion Factors:
1 mile = 1609 meters
1 hour = 3600 seconds
A. 2.98 m/s
B. 35.8 m/s
C. 1206.8 m/s
D. 2145.3 m/s

Answers

[tex](B)\:\:35.8\:\text{m/s}[/tex]

Step-by-step explanation:

[tex]80\:\dfrac{\text{mi}}{\text{hr}}×\left(\dfrac{1609\:\text{m}}{1\:\text{mi}}\right)×\left(\dfrac{1\:\text{hr}}{3600\:\text{s}}\right)[/tex]

[tex]= 35.8\:\text{m/s}[/tex]

Answer: b

Step-by-step explanation:

Estimate the mean exam score for the 50 students in Prof. Burke's class.

Score

f

40 but less than 50

21



50 but less than 60

39



60 but less than 70

40



70 but less than 80

34



80 but less than 90

28



Total

162



Group of answer choices

63.78

62.34

64.89

65.56

Answers

Answer:  D) 65.56

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

Explanation:

The interval [tex]40 \le x < 50[/tex] has the midpoint (40+50)/2 = 90/2 = 45 which represents the average value from this interval. We don't know what the exact 21 values are from this interval, but the best guess we can make is each value is on average 45.

Similarly, the interval [tex]50 \le x < 60[/tex] has the midpoint (50+60)/2 = 110/2 = 55 which represents the average value in this interval.

The set of all midpoints is: {45, 55, 65, 75, 85}. You start at 45 and add 10 to each term to get the next term. Let's say x represents the midpoint. We'll multiply each x value with its corresponding frequency (f) to get a new column of values you see in the table below.

For example, in the first row, we have 45*21 = 945

Add up everything in the x*f column and we'll get this sum:

945+2145+2600+2550+2380 = 10,620

We'll divide this over the total frequency, which is the sum of the frequency column (21+39+40+34+28 = 162)

We then arrive at this estimated final answer: (10,620)/(162) = 65.55555... where the '5's go on forever. This rounds to 65.56

what Is the si unit of temperature​

Answers

Answer:

the Si unit of temprature in Kelvin (K)

Step-by-step explanation:

Answer:

The answer is Kelvin (k).

Step-by-step explanation:

The kelvin (K) is defined by taking the fixed numerical value of the Boltzmann constant k to be [tex]1.380649*10^{-23}[/tex] when expressed in the unit of joule per kelvin. The temperature 0 K is commonly referred to as "absolute zero." On the widely used Celsius temperature scale, water freezes at 0 °C and boils at about 100 °C. One Celsius degree is an interval of 1 K, and zero degrees Celsius is 273.15 K. An interval of one Celsius degree corresponds to an interval of 1.8 Fahrenheit degrees on the Fahrenheit temperature scale.

The kelvin is also the fundamental unit of the Kelvin scale, an absolute temperature scale named for the British physicist William Thomson (known as Lord Kelvin). An absolute temperature scale has as its zero point absolute zero (−273.15° on the Celsius temperature scale and −459.67° on the Fahrenheit temperature scale), the theoretical temperature at which the molecules of a substance have the lowest energy; hence, all values on such a scale are nonnegative.  

I got a negative number as an answer for this sine rule question and I don't know what did I do wrong​

Answers

Answer:

x=14.42192

Step-by-step explanation:

Angle A = 180 - 86 =94

The sum of the angles of a triangle is 180

sin A        sin 46

------- = -----------

20            x

sin 94 * x = 20 sin 46

x = 20 sin 46 / sin 94

x=14.42192

What is 20×10 to the third power equal

Answers

Answer:

20000

Step-by-step explanation:

Your equation will look like this to the third power:

20 x 10^3

Step 1. Solve for 10^3

Answer: 1000

Step 2. Multiply 20 x 1000

Answer: 20000


Robert owns two dogs. Each day, one dog eats
1/6 of a scoop of dog food and the other dog eats br
1/6 of a scoop. Together, how much dog food do
the two dogs eat each day? Write in simplest
form.

Answers

Answer:

2/3 scoop

Step-by-step explanation:

1/6 + 1/6 = 2/6 = 1/3

Answer: 2/3 scoop

Maya must choose a number between 67 and 113 that is a multiple of 3, 5, and 10. Write all the numbers that she could choose. If
there is more than one number, separate them with commas.

Answers

The number which is a multiple of 3,5 and 10 is 90

A family has two cars. The first car has a fuel efficiency of 35 miles per gallon of gas and the second has a fuel efficiency of 15 miles per gallon of gas. During one particular week, the two cars went a combined total of 1825 miles, for a total gas consumption of 75 gallons. How many gallons were consumed by each of the two cars that week?

Answers

Answer:

1) 35 gallons by the first car 2) 40 gallons by the second car

Step-by-step explanation:

Suppose the first car used x gallons, when the second car used the rest- 75-x

If the first car's efficiency is 35 miles per galon, its milleage is 35*x, the second car's milleage is 15*(75-x). And the summary milleage is equal to 1825.

35x+15(75-x)=1825

35x+1125-15x= 1825

20x=700

x=35- gallons consumed by the first car,

75-35=40- gallons consumed by the second one

hello help Plis……..

Answers

Answer:

1.)149800

2.)75.9820

3.)49990

4.)29.900

Please Help Me I will probably post more like this as its the only thing really that's holding me back from passing 5th grade on khan academy math!! ​

Answers

Answer:

330 cm^3

Step-by-step explanation:

Volume of figure=Volume of the cuboid+Volume of the other cuboid

Volume of figure=240+90=330

The double number line shows that Toni can type 180 words in
2 minutes.



Based on the ratio shown in the double number line, how many words can Toni type in 3 minutes?

Answers

Answer:

120 words

Step-by-step explanation:

as a ratio it's

2:180

In real life the longer you do something the more words you type

so since you can't get to 3 from 2 easily you go to 1 instead.

2:180

1:360

3:120

30) Luke has drawn a model figure as shown below to represent a garden he wishes to build. If he is planning on using a
scale factor of 2 cm: 5 ft, how long does the fence need to be?

Answers

9514 1404 393

Answer:

  45 ft

Step-by-step explanation:

The fence is shown as 18 cm, which is 9 times 2 cm. If 2 cm represents 5 ft, then the actual fence will be 9 times 5 ft = 45 ft.

Sally paid $6.50 for 2 ounces of cinnamon. If there are 16
ounces in 1 pound, how much does cinnamon cost per
pound?

Answers

Answer:

52 dollars.

Step-by-step explanation:

2 ounces = 6.50

÷2 ÷2

1 ounce = 3.25

3.25 x 16 = 52 dollars.

Answer:

52 dollars per pound

Step-by-step explanation:

We can write a ratio to solve

6.50 dollars       x dollars

------------------- = ------------------

2 ounces            16 ounces

Using cross products

6.50 * 16 = 2x

Divide each side by 2

6.50 *16/2 = x

52 =x

Write the point-slope form of the line passing through (2, -12) and perpendicular to y = 3x.

Answers

Answer:

y+12 = -1/3(x-2)

Step-by-step explanation:

y = 3x

The slope is 3

Lines perpendicular have a slope that is the negative reciprocal

-1/3 is the slope of a line that is perpendicular

Point slope form is

y-y1 = m(x-x1)  where m is the slope and (x1,y1) is the point on the line

y --12 = -1/3(x-2)

y+12 = -1/3(x-2)

Find the slope and the y-intercept of the line. 3x -4y = -12

Answers

[tex]\\ \sf\longmapsto 3x-4y=-12[/tex]

Convert to y=mx+b form

[tex]\\ \sf\longmapsto 3x+12=4y[/tex]

[tex]\\ \sf\longmapsto y=\dfrac{3x+12}{4}[/tex]

[tex]\\ \sf\longmapsto y=\dfrac{3}{4}x+\dfrac{12}{4)[/tex]

[tex]\\ \sf\longmapsto y=\dfrac{3}{4}+3[/tex]

Slope=3/4

Practice Exercise 3.1 Fill in the blanks: (i) The factors of 12 are (ii) The least non-zero multiples of any number is (iii) ......... is a factor of every number. ing with Numbers​

Answers

Answer:

i.)1,2,3,4,6,12

ii).the number itself

iii.)1

what is the equationof the line that passes through (0,3) and (7,0)

Answers

Answer:

y = - 3/7x + 3

Step-by-step explanation:

First find the slope

Second find the y-intercept (already given by one of the points)

Third write it in slope-intercept form

Hey guys so I need help with my math homework what is 4/5 to 1/6 one third away from

Answers

Answer:

0.16

Step-by-step explanation:

What is the measure of ∠x?
Angles are not necessarily drawn to scale.

∠x= ____∘

Please help me!

Answers

Answer:

hey mate ...

105 + JID = 180 ( STRAIGHT LINE )

JID = 75

NOW APPLY ANGLE SUM IN TRIANGLE JID

75 + 39 + IJD = 180

IJD = 66

x = IJD by vertically opposite angles

x = 66

Sally's paycheck this week was $100. She spent $220.45 for a shirt, $12.95 for a CD, $15 for gasoline, and put the balance in the bank.
a. What percent of her total pay was spent on the shirt?
b. What percent of her total pay did she put in the bank?

Answers

Answer:

A) 220.45%

B) 0%

Step-by-step explanation:

A) 220.45 / 100 = 2.2045 * 100 = 220.45%

B) Costs exceeded her paycheck, so 0% of her pay was leftover and put in the bank.

Answer: A) 22.045% , B) 75.16%

I guess its a typo and weekly salary was $1000

So weekly salary = 1000

Spent on shirt = $220.45

Spent on CD = $12.95

Spent on Gasoline = $15

A) 220.45/1000×100

= 22.045%

B) Total spent = 220.45 + 12.95 + 15

= $248.4

Total left with her = 1000 - 248.4

= $751.6

Total percent of pay she put in bank = 751.6/1000×100

= 75.16%

Must click thanks and mark brainliest

Part E
1e. Subtract the binomial 12y2 – 4y3 from the trinomial 7y - 2y3 + 5y2

Answers

Answer:

2y^3-7y^2+7y

Step-by-step explanation:

7y - 2y^3 + 5y^2 - (  12y^2 – 4y^3)

Distribute the minus sign

7y - 2y^3 + 5y^2 - 12y^2 + 4y^3

Combine like terms

2y^3-7y^2+7y

Leena is arranging 3 different books in a row on a shelf. Create a sample space for the arrangement of a detective story (D), a mystery story (M), and a comic book (C).

Source
StylesNormal

Answers

There are 6 DIFFERENT POSSIBLE arrangements as obtained using the factorial method and they are :

DMC, CMD, DCM, MDC, CDM, MCD

Given :

DETECTIVE STORY = D

MYSTERY STORY = M

COMIC BOOK = C

To use the factorial method, we find the factorial value of the number of books to be arranged

Number of different possible arrangements = (number of books)!

Number of books = 3

Hence, 3! = 3 * 2 * 1 = 6 ways

The sample space :

DMC

CMD

DCM

MDC

CDM

MCD

THEREFORE, there are 6 different samples on the SAMPLE SPACE.

learn more :

https://brainly.com/question/13041664

Other Questions
un cuento sobre la seguridad global y los derechos fundamentales Let X1 and X2 be independent random variables. Suppose the mean and variance of X1 are 1 and 1, respectively. Suppose, the mean and variance of X2 are 4 and 8 respectively. What is the standard deviation of X2 - 3X1 convert as indicated step by step 1)1 sec into day 2) 1 week into sec (3) 50cm into meter Help me with this question please...Each of the following statements is true or false. Which statements are true?A. A triangle where at least two angles are acute is called an acute triangle.B. Some polygons are neither convex nor concave.C. The sum of the interior angles of a concave pentagon is $540^{\circ}.$D. The interior angles of a regular $1000$-gon are greater than the interior angles of a regular $100$-gon.E. The exterior angles of a regular $1000$-gon are greater than the exterior angles of a regular $100$-gon. Levi decides to examine the effect of fertilizer on the growth of tomato plants. He chooses four plants for his experiment and applies varying amounts of fertilizer to three of them. He does not apply fertilizer to one plant. Over a 15-day period, the plants receive fertilizer on Days 1, 4, 7, 10, and 13. Levi measures the height of all of his plants with a meterstick on Days 3, 6, 9, 12, and 15. He also makes sure to hold all experimental factors constant except for the fertilizer.What is the dependent variable in Levi's experiment on tomato plants?the amount of fertilizer given to the plantsthe measurements of plant heightthe days fertilizer was appliedthe days plant height was measured Mark the statements that are TRUE.Technology means the type of natural resources that are available.Careful study and review is known as capital.It would not make much sense to force an unskilled laborer to work in a surgical position,Your nation's labor force includes people who want to work but do not have a job at the moment.Your nation's money is considered capital. Scooter wishes to sell a bond that has a face value of $919. The bond bears an interest rate of 6.01% with bond interest payable quarterly. Three years ago, $1,221 was paid for the bond. At least a 12.68% return (yield) on the investment is desired. The quarterly bond interest payment that Scooter received is: Find XA. 3B. sqrt6C. 3sqrt3D. 3sqrt2/2 The freezing point of a substance is -20C. Its boiling point is 120C.a. At 80C the substance is in the stateb. At -50C the substance is in the state.C. At 140C the substance is in the state. help me please [tex] \frac{ \cos(80) }{ \sin(10) } + \frac{ \sin(20) }{ \cos(70) } = 2 \\ \\ \frac{ \cot(40) }{ \tan(50) } + \frac{ \cos(65) }{ \sin(115) } = 2[/tex] A triangle has two sides of lengths 8 and 10. What value could the length ofthe third side be? Check all that apply. The sum of two consecutive integers is -92. Find the integers. used: 2. What, according to kunwar singh, are the two things one needs in order to walk fearlessly in the jungle? 1. The period of 1901-1910 marked the largest influx of arrivals from other countries, also called _________ in the history of the US. Correct answer gets 5 stars and brainliest the mass of 2bags of beans and 3 bags of salt is 410kgsif the mass of 3bags of beans and2bags of salt is 390kg find themass of each item. Which property of equality would be used to isolate the variable b in this equation?3/4 x b = 12A. addition property of equality. subtraction property of equalityC. multiplication property of equalityD. symmetric property of equality A painting of Napoleon sitting on a throne. He is wearing a lace collar and red velvet cape with ermine lining. He is holding a gold staff in each hand. The throne is on a thick carpet. His face and the gold items are reflecting light.Examine this piece of art by Jean-Auguste-Dominque Ingres, entitled, Napoleon on his Imperial Throne. All of the following examples display Ingres use of texture, except which?a.The lace of Napoleons collar.b.The red velvet cape with ermine lining.c.The shine glaring off Napoleons face.d.The thickness of the carpet. If f(x) = 3x + 5 and g(x) = -2x2 - 5x + 3, find (f + g)(x). Nathan saves 5 1/4% of his weekly salary. Naban earns $380.00 per week. How muchdoes he save per week?.A.$19.95B.$20.52C.$21.95D.$25.20