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Ksju [112]
1 year ago
10

Katrina has the option of an 8-year non-subsidized student loan of $32,000 at an annual interest rate of 3.5% or an 8-year subsi

dized loan of $32,000 at an annual interest rate of 4.5%. Determine for which loan Katrina will pay less interest over the term of the loan if she starts making payments 2 years after obtaining the loan. (Assume Katrina makes monthly payments for each loan. For each answer, enter a number. Round your answers to the nearest cent, as appropriate.)
The total interest paid (in dollars) on the non-subsidized loan is $ -------

The total interest paid (in dollars) on the subsidized loan is $ -------
Mathematics
1 answer:
Fiesta28 [93]1 year ago
6 0

Answer: katrina will pay less interest on the 8-year non subsidized student loan

The total interest paid on the non-subsidized loan is USD 8,959

The total interest paid on the subsidized loan is USD 11,520

Step-by-step explanation:

Subsidized loan at 4.5% for 8years will be 4.5/100 × 32000 x 1/12= USD120/month, USD 1440/year. For 8 years, USD11,520

For non subsidized student loan at 3.5% will be 3.5/100 x 32000x 1/12= USD 93.33/month, USD 1,119per year and USD 8,959 for 8 years

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Whitney kicks a football off the ground. The height, h , in feet, of the football above the ground after t seconds is given by h
malfutka [58]

Answer:

<em>after 4seconds</em>

Step-by-step explanation:

Given the height, h , in feet, of the football above the ground after t seconds expressed by h ( t ) = − 8 t^2 + 32 t, the height of the ball on the ground is 0feet.

Substitute h(t) = 0 into the expression and calculate t;

h ( t ) = − 8 t^2 + 32 t

0 = − 8 t^2 + 32 t

8t² = 32t

8t = 32

Divide both sides by 8

8t/8 = 32/8

<em>t = 4s</em>

<em>Hence the football hits the ground after 4seconds</em>

5 0
2 years ago
Serena estimates that she can paint 60 square feet of wall space every half -hour .Write a equations for the relationship with t
lina2011 [118]

Answer: So, the relationship with i hours as the indecent variables would be y=120i

Serena can't paint 400 square feet of wall space of wall space in 3.5 hours.

Step-by-step explanation:

Since we have given that

Area that she can paint = 60 square feet

Time taken = half hour = 30 minutes = 0.5 hours

Using "Unitary method, we get that

In 0.5 hours, she can paint = 60 square feet

In 1 hour, she can paint = \dfrac{60}{0.5}=120\ sq.\ feet

In i hours, she can paint = 120\times i\ sq.\ feet=120i\ sq.\ feet

Let the total area she can paint be 'y'.

So, the relationship with i hours as the indecent variables would be

y=120i

Now,  Can Serena paint 400 square feet of wall space i. 3.5 hours

We put y = 400 and i = 3.5 hours to check whether it is equal or not.

400= 120\times 3.5\\\\400\neq 420

Hence, Serena can't paint 400 square feet of wall space of wall space in 3.5 hours.

3 0
1 year ago
A turtle swims at a speed of 1584 meters per hour. A girl swims at a speed of 1380 millimeters per second how much faster does t
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The turtle swims faster. In fact, the turtle swims 812 cm/min faster. 

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1 year ago
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Translate and solve: seventy-eight times n is at least 312.
RideAnS [48]

It translates to 78n \ge 312 which solves to n \ge 4 after dividing both sides by 78. This means n is equal to 4 or it can be larger than 4.

7 0
2 years ago
Jamal works in a city and sometimes takes a taxi to work. The taxicabs charge $1.50 for the first 1/5 mile and $0.25 for each ad
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1.50+.25x=3.75
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2 years ago
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