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mezya [45]
2 years ago
14

Chelsea made monthly payments for four years before her $13,440 loan was paid off. The loan had an interest rate of 5.86%, compo

unded monthly. Chelsea paid $156.60 in service charges. To the nearest tenth, what percentage of the total cost of the loan did her finance charges comprise? Round all dollar values to the nearest cent.
Mathematics
2 answers:
lana [24]2 years ago
6 0
Given:
PV = 13,440
i = 5.86% , compounded monthly
t = 4 years

13,440(0.0586/12))/(1-(1+0.0586/12)^-48= 15,109.44 
15,109.44 + 156.60 = 15,266.04
15,266.04 - 13,440.00 =  1,826.04 
<span>1,826.04/15,266.04 = 11.96 % Percentage total of Finance Charge of the total loa</span>
Colt1911 [192]2 years ago
4 0

Answer: 11.9%

Step-by-step explanation:

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Which rule represents the translation from the pre-image, ΔABC, to the image, ΔA'B'C'?
kirill [66]

Answer:

From the figure, it can be seen that the mage A'B'C' is obtained from the pre-image ABC by translating/shifting the vertices of the image by 7 units to the right and 6 units down.

Therefore, the rule represents the translation from the pre-image, ΔABC, to the image, ΔA'B'C' is (x, y) → (x + 7, y – 6).

8 0
1 year ago
Terry has a large bucket of water. He uses 2.25 gal to
Novosadov [1.4K]

Answer:

I think the answer is  3.47

Step-by-step explanation:

Terry starts out with 2.25 gallons, and he uses 1.33 so you subtract these so he has .92 gallons left. He adds 4.8 gallons so you add 4.8 to .92 and get 5.72 gallons total in the bucket... If the question is asking how much change between the beginning and end I would say 5.72- 2.25= 3.47

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1 year ago
The number of people who attended a concert on Friday was 3/4 the number of people who attended the same concert on Saturday. A
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On Saturday, 4/4 of the amount of people attended.  On Friday, 3/4 of the amount on Saturday attended.  We have 7 parts (3 from Friday and 4 from Saturday).

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8 0
1 year ago
A sociologist wishes to see if it is true that for a certain group of professional women, the average age at which they have the
Vadim26 [7]

Answer:

Z = 2.1\ is\ higher\ than\ 1.96, we\ reject\ H_o

Step-by-step explanation:

The explanation of given question is described below:

Here, the test of hypothesis states that

H_o : Mean = 28.6

H_a : Mean\ which\ is\ not\ equals\ 28.6

The test statistic is

Z = \frac{(\bar X - Mean)}{\frac{Population\ standard\ deviation}{vn} }

Z = \frac{(30.06 - 28.6)}{\frac{4.18}{6} }

= 2.1

According to the given data α = 0.05,

So, the major value is

IZ(0.025)I = 1.96

(refer to the standard normal table) .

Finally

Z = 2.1\ is\ higher\ than\ 1.96, we\ reject\ H_o

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2 years ago
Every possible cross section of a three dimensional figure is a circle what is that figure
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Read 2 more answers
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