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zepelin [54]
2 years ago
13

Cory took out a loan at a 13.5% APR, compounded monthly, to buy a car, and he is making monthly payments to pay off the loan. Wh

ich of these interest rates would have allowed Cory to pay off the loan faster?
A. 15.0%, compounded monthly
B. 14.4%, compounded monthly
C. 13.2%, compounded monthly
D. 13.8%, compounded monthly
Mathematics
2 answers:
Irina-Kira [14]2 years ago
8 0
The lowest interest rate is the one that will allow the loan to be paid fastest (for the same payment amount).
  C. 13.2%, compounded monthly
alisha [4.7K]2 years ago
3 0

Answer:

C. 13.2%, compounded monthly

Step-by-step explanation:

REmember that the credit loans that are compounded monthly are loans that charge you every month with interests and are added into the debt that you currently have with your bank or financial institution, so the since they are all compounded monthly the one tha will allow to pay faster the loan will be the one that has lower interests rates, so that owuld be 13,2% compounded monthly so that would be the answer.

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Place the LETTER of each value in its location in the real number system below
KiRa [710]

Answer:

Rational numbers are; A, E, F, I

Integers are; H and D

Whole numbers are J and B

Natural numbers is G

Please find attached the location of the letters on the real number system

Step-by-step explanation:

Rational numbers are numbers that can be expressed as the ratio, a/b, of two numbers as a/b where a and b are integers

Integers are the negative and positive whole numbers

Whole numbers are the positive counting numbers from 0 and above

Natural numbers are the positive counting  numbers, sometimes including 0.

8 0
2 years ago
What is not a pair of equivalent fractions for 5/8 and 1/2
n200080 [17]
Two fractions equivalent to each: Just divide or multiply both top AND bottom by the same number.<span>
5/6: 10/12 OR 15/18 
15/30: 5/10 OR 1/2 
45/60: 8/12 OR 4/6 

Rewrite each pair or fractions with common denominator: Find the difference between the two bottom numbers, and multiply top and bottom number. 

5/8 and 3/4: 4X2=8, 3X2=6. So, 5/8 and 6/8. 
2/5 and 1/2: 2/5 and 2.5/5 
9/9 and 5/7: 9/9 and ~5.7/9 

Rewrite each in simple form: Find greatest common factor and divide. 

9/54: 1/6 
20/40: 1/2 
100/110: 10/11 

Are these fractions equivalent? 
No. 5/1 and 5/5 are, because they are both 5 wholes. 1/5 is not because it is a fifth of a whole. 


In what situation can you use multiplication to find equivalent fractions? 
I'm sorry but I do not understand this question. 
</span>Source(s):<span>I hope I  helped, seeing as I have graduated with a math degree.</span>
7 0
2 years ago
Marcus is selling lemonade in peanuts each cup of lemonade cost $0.75 in each bag of peanuts cost $0.35 on Saturday market so 5
Fed [463]
Let L represent the number of cups of lemonade that Marcus sold. Then his revenue can be described by ...
   0.75L + 0.35(L -5) = 7.05
   1.10L -1.75 = 7.05 . . . . . . . . . . eliminate parentheses
   1.10L = 8.80 . . . . . . . . . . . . . . .add 1.75
   L = 8 . . . . . . . . . . . . . . . . . . . . .divide by 1.10

Marcus sold 8 cups of lemonade on Saturday.
7 0
2 years ago
Frank started out in his car travelling 45 mph. When Frank was 1 3 miles away, Daniel started out from the same point at 50 mph
oee [108]

Answer:

It will take 2.6 hours by Daniel to catch up with Frank.

Step-by-step explanation:

Let Daniel will catch up with Frank after t hours.

Now, Frank will go 13 miles in \frac{13}{45} = 0.288 hours.

So, the distance traveled by Frank in (t + 0.228) hours with 45 mph speed will be equal to the distance traveled by Daniel in t hours with 50 mph speed.

Hence, 45(t + 0.288) = 50t

⇒ 5t = 13

⇒ t = 2.6 hours.

Therefore, it will take 2.6 hours by Daniel to catch up with Frank. (Answer)

8 0
2 years ago
Phil received a prize of xxx dollars from a poker tournament. The tournament cost him 100100100 dollars to enter.
nikitadnepr [17]

Answer:

$(x-100)

Step-by-step explanation:

  • Phil entered the poker tournament with $100.
  • He received a price of $x.

His net winnings from the tournament will be the price minus the entry fee.

Therefore:

Phil's net winnings=$(x-100)

8 0
2 years ago
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