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olganol [36]
1 year ago
15

You have just finished paying off your $35,125 loan, a feat which took ten years of quarterly payments. The loan had an interest

rate of 7.44%, compounded quarterly. If you also paid $5,180.70 in service charges, what percentage of the total cost was made up by your finance charges? Round all dollar values to the nearest cent. a. 25.69% b. 36.47% c. 57.41% d. 27.10%
Mathematics
2 answers:
erastovalidia [21]1 year ago
7 0

Answer:

36.47%

Step-by-step explanation:

mezya [45]1 year ago
3 0
We have to compute first for the total cost of the loan by obtaining the monthly amortization:
<span> A= P/ [(1+ r/n)^n-1] /r(1+r/n)^n</span>
where
P= loan amount 
P= $35125
r=interest rate of 7.44%
n = compounding frequency of 4
t= length of loan 10 years
A= $1252.7
Total cost = $1252.7x40=$50108
Computing the percentage of the finance charges 
Finance charge = debt charge+service charge
Finance charge% =($50108-$32125+$5180.7)($50108+$5180.7)x 100
                               =36.47%
The answer is letter b.36.47%


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Answer:

Part A) h=V/(\pi r^{2})

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Step-by-step explanation:

Part A)

we have the formula of the volume of a cylinder

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That means ----> isolate the variable h

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V/(\pi r^{2})=\pi r^{2}h/(\pi r^{2})

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Rewrite

h=V/(\pi r^{2})

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we have

V=36\pi\ cm^3

r=3\ cm

substitute in the formula and solve for h

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1 year ago
What is equal to x in x - 8pi = pi?
pochemuha

Add 8π to both sides of the equation to get:

x - 8\pi + 8\pi = \pi + 8 \pi

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We have found that x = 9π. Remember that in solving problems like these with pi that it can often be helpful to treat pi as a variable.

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yaroslaw [1]

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As given in the question,

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2 years ago
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saul85 [17]

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That is why Annabelle can confidently make her assumption.

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2 years ago
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