Determine the monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months. a. $93.32 b. $95.40 c. $211.33 d. $253.60 please select the best answer from the choices provided a b c d

Answers

Answer 1

The monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months is $93.32.

loan amount P = $3000

Rate of interest = 7.5% per annum

So, monthly rate of interest r= 7.5/12 %

Tenure n = 36 months

What is the formula to calculate monthly payments?

The formula to calculate monthly payments is given

[tex]EMI=\frac{Pr}{1-(r+1)^{-n} }[/tex]...........(1)

Where P =loan amount

r = monthly rate of interest

n=tenure

So by substituting the given values in (1) the monthly payment = $93.32

Hence, the monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months is $93.32.

To get more about monthly payments visit:

https://brainly.com/question/25599836


Related Questions

Judy has made 7 t-shirts. Each day she makes 4 t-shirts. Harry had made 11 t-shirts and makes another 3 t-shirts every day. How many total t-shirts will Judy and Harry have made after 6 days?

Answers

Answer:

60

Step-by-step explanation:

So deal with Judy then Harry

JUDY:

6 days x 4 t-shirts per day = 24 t-shirts

+ 7 t-shirts made before = 31 altogether

HARRY:

6 days x 3 t-shirts per day = 18 t-shirts

+ 11 t-shirts made before = 29 altogether

JUDY & HARRY:

Now combine both

31+29=60 t-shirts

Hope that helped! Any questions just ask! :)

2 1/2 dozen roses cost $40.50 what is the cost of a single rose
,

Answers

the answer is .74 cents because 2 1/2 dozen is 30 and 30 divided by 40.50 is .74 rounded

Answer:

$1.35

Step-by-step explanation:

=> No. of roses in a dozen = 12

=> No. of roses in half dozen = 12/2 = 6

=> No. of roses in 2 1/2 dozen = 2(12)+6 =30

=> 30 roses costs for $40.50

=> Cost of single rose = 40.5/30 = $1.35

A triangle includes one angle that measures 72º. Which pair could be the measures of the other two angles of the triangle

A 9º , 9º C 53º , 55º

B 26º , 46º D 72º , 108º

Answers

Answer:

B

Step-by-step explanation:

180-72 = 108

26+46=72

108+72=180

Please help me with this problem!

Answers

Answer:

You were already correct! Good job :)

Step-by-step explanation:

1) False

2) True

3) True

4) False

A space ship travels at 5 22 miles per hour and traveled continuously for 5 14 hours.
Ta g Enter the answer, in the form of x y, that represents how many miles the space ship traveled.

Answers

Answer:

5 ^ 36  miles

Step-by-step explanation:

5^22 m/hr   *  5^14 hr =  5^(22+14) miles = 5^36

URGENTLY NEEDING HELP!!!!

Answers

Answer:

Its B -15i+6j

Step-by-step explanation:

Iron is an important element it is found in the food we eat and it’s used to make things like buildings and bridges

Answers

I didn't see the question here so I will just put an iron fact.  

Iron is the 4th most abundant element in the Earth's crust.

There you go :)

Which of the following is written as a rational function?
A. Q(x) = x2 + 6x-3
B. F(x)=x-5/3х
C. G(x) = -4x
O D. P(x) = 7x+1

Answers

Answer:

B

In mathematics, a rational function is any function that can be defined by a rational fraction, which is an algebraic fraction such that both the numerator and the denominator are polynomials.

PLS HELP WILL MARK YOU BRAINLIEST! NO FAKE ANSWERS!

Answers

Answer:

O d. 720°

Step-by-step explanation:

The given polygon has 6 sides.

The sum of the interior angles can be found by the formula :

(2n - 4) x 90°[2(6) - 4] x 90°8 x 90°720°

domain and rage find the inverse

Answers

Answer:

Step-by-step explanation:

[tex]Solution,\\\\[/tex]

f(x)={(6,12),(7,11),(8,10),(9,9)}

Now,

Inverse of f(x)={(12,6),(11,7),(10,8),(9,9)}

Correct option is no C

Answer:

Option C

Step-by-step explanation:

Given function :

(6, 12)(7, 11)(8, 10)(9, 9)

An inverse function interchanges x and y coordinates of the ordered pair.

Therefore, the new coordinates are :

(12, 6)(11, 7)(10, 8)(9, 9)

Option C is the right answer

Leonard, Brandon, and Emily are tossing a football. The distances they stand from each other are shown in the diagram at the right. To the nearest tenth, what is the measure of the angle with its vertex at Leonard?

Answers

Answer:

33.4°

Step-by-step explanation:

[tex]AB=22tt[/tex]

[tex]BC=34tt[/tex]

[tex]AC=40ft[/tex]

[tex]cos\ C=\frac{AC^2+BC^2-AB^2}{2AC\bullet BC}[/tex]

[tex]=\frac{{40}^2+{34}^2-{22}^2}{2\times40\times34}[/tex]

[tex]=\frac{1600+1156-484}{2720}[/tex]

[tex]=\frac{2272}{2720}=\frac{71}{85}[/tex]

[tex]< c=arccos\left(\frac{77}{85}\right)\ \ \ \ \ \left\{\begin{matrix}the\ nearest\ tenth\\0.1\\\end{matrix}\right\}[/tex]

[tex]< C\thickapprox 33.4\textdegree[/tex]

[tex]Answer:33.4\textdegree[/tex]

I hope this helps you

:)

what are 3 fractions that are equivalent to 4/4

Answers

Answer:

A fraction equivalent to 4/4 is 8/8 and 9/9 and 10/10 and 11/11 and 12/12 and 16/16 To answer this question, first of all, we should know that the equivalent fractions of a number or value are the fractions having different numerators and denominators but when simplified they are all equal to the same value or number.

Step-by-step explanation:

hope this helps if not let me know

Answer:

8/8 , 12/12, 16/16

Given:

A fraction 4/4.

To find:

An equivalent fraction to a given fraction.

Solution:

A fraction equivalent to 4/4 is 8/8.

To answer this question, first of all, we should know that the equivalent fractions of a number or value are the fractions having different numerators and denominators but when simplified they are all equal to the same value or number.

There is no limit to equivalent fractions of a given number.

Now,

we have,

a fraction 4/4,

To get its equivalent fraction, we will multiply the same number in its numerator and denominator.

Let's multiply 2 in both numerator and denominator of 4/4.

We get

4x2/4x2 = 8/8

So, an equivalent fraction to 4/4 is 8/8.

In notice of this 12/12 and 16/16

Additional Sources:

https://brainly.in/question/17450295

Bob’s employer covers 23% of his family’s annual health insurance premium. the balance of the premium is deducted in equal amounts from bob’s paycheck 26 times over the calendar year. if $185.30 is withheld from each of bob’s paychecks, what is his family’s annual health insurance premium? a. $805.65 b. $4,817.80 c. $6,256.88 d. $20,946.96 please select the best answer from the choices provided a b c d

Answers

Bob’s employer covers 23% of his family’s annual health insurance premium has family's annual health insurance premium is $6,256.88.

What is an insurance premium?

Insurance premiums are paid for policies that cover all the basic needs such as healthcare, home, and life insurance.

Health insurance premium:

Paychecks=$185.30 x 26

Paychecks=$4,817.80

To calculate insurance premium

Health insurance premium=$4,817.80/(100%-23%)

Health insurance premium=$4,817.80/77%

Health insurance premium=$6,256.88

In conclusion, his family's annual health insurance premium is c. $6,256.88.

Learn more about insurance premiums: here:brainly.com/question/2010067

PLEASE HELP!! DUE SOON!!! I NEED THIS TO PASS TO GET MY GRADE UP!!
For systems of inequalities, graph each system on a coordinate plane to show the solution region. Next, use the graph to answer the question. Be sure to define your variables and show all of your work.

Q.1. A school trip to a museum cost $2,056. A total of 125 chaperones and students went on the trip. Adult admission to the museum costs $23, and student admission costs $16. How many chaperones and students went to the museum?


Q.2. A shoe company charges $100 per month, plus $75 per pair of shoes, to supply a retail store with shoes. It costs the shoe company $30 per pair of shoes for supplies, plus $1,225 per month in bills to operate the factory. How many shoes does the company need to sell to a store per month to break even?


Q.3. At a concession stand, three hot dogs and two drinks cost $13.50. Four hot dogs and three drinks cost $19. How much does a drink cost?


Q.4. One type of trail mix is 20% walnuts. Another type is 35% walnuts. How much of each type should be combined to form a 12-pound mix that is 30% walnuts?


Q.5. The potter at a pottery store makes two sizes of vases. The larger size takes six hours to make, and the smaller size takes 1.5 hours to make. The potter works 30 hours a week. She needs to make at least six total vases a week, including at least two of each size. Give one example of how many of each type of vase the potter can make.

Answers

Answer:

Q1.  =213 Q.2 2145 Q.3 =23.2$ Q.4 53 Q.5 10.5

Step-by-step explanation:

What is the area of the shaded sector of the circle?
A: 9π units²
B: 27π units²
C: 81π units²
D: 162π units²

Answers

Answer:

B: 27π units²

Step-by-step explanation:

Formula

[tex]\textsf{Area of a sector of a circle}=\left(\dfrac{\theta}{360^{\circ}}\right) \pi r^2[/tex]

where:

[tex]\theta[/tex] is the angle[tex]r[/tex] is the radius

Solution

Given:

[tex]\theta[/tex] = 120°[tex]r[/tex] = 9

Substituting given values into the formula:

[tex]\begin{aligned}\implies \textsf{Area of a sector of a circle }& =\left(\dfrac{120^{\circ}}{360^{\circ}}\right) \pi \cdot 9^2\\ & = \dfrac13 \cdot \pi \cdot 81\\ & = 27 \pi\: \sf units^2\end{aligned}[/tex]

The area of the asked sector is 27π units².

What is a sector of a circle?

A sector of a circle is a portion or part of a circle that is composed of an arc and its two radii.

Given that a circle L, we radius 9 and a central angle of 120°, we need to find the area of the sector, which is intercepted by the central angle,

So,

The area of a sector of a circle = central angle / 360° × area of the circle,

So,

A = 120°/360° × π × 9²

= 1/3π × 81

= 27π

Hence, the area of the asked sector is 27π units².

Learn more about sector of a circle click;

https://brainly.com/question/15591260

#SPJ7

the next model of a sport car will cost 14.9% more than the current model. The current costs $52,000. how much will the price increase in dollars ? what will be the price of the next model

Answers

Answer:

what will be the price of the next model= 59,748

Step-by-step explanation:

7748 is 14.9% of 52000

Solution:

What is 14.9% of 52000?

Y is 14.9% of 52000

Equation: Y = P% * X

Solving our equation for Y

Y = P% * X

Y = 14.9% * 52000

Converting percent to decimal:

p = 14.9%/100 = 0.149

Y = 0.149 * 52000

Y = 7748

To find the price for the next model

7748 + 52000

=> 59,748

I WILL GIVE YOU BRAINLY CROWN PLS HELP

A movie theater sells two sizes of popcorn, large and small, in bags shaped like rectangular prisms. The small bag has a height of 5.5 inches, a length of 5 inches, and a width of 3 inches. The large bag has the same width and length as the small bag, but two times the volume. What is the height of the large bag of popcorn?

Answers

the solution is:

u should at the first find the volume of the small bag that V= LWH ( Lenght, width, height)

so it will be 82.5

since the Volume of the large bag is 2 times the volume of the small bag so the volume of large bag will be 165

so H = V / LW

H = 165 / 5×3

H = 165 / 15

So the Answer is H = 11

Maggie is making bags of trail mix for hiking club. She will use 20 ounces of walnuts, 11. 2 ounces of almonds, and 24. 3 ounces of cashews. This amount makes 25 bags of trail mix. How many ounces are in each bag?

Answers

Answer:

2.22

Step-by-step explanation:

42 degrees = x, what is the answer?

Answers

Answer:

0.736 radians

Step-by-step explanation:

Assuming you want the measure of this 42-degree angle in radians, multiply 42 degrees by the conversion factor

 1 rad

--------------

57.1 deg

The result:  42 degrees = 42/57.1 radians ≈ 0.736 radians

A trapezoidal frame measures 80 cm on one side and 100 cm on the other side. Of it is 50 cm across, what is its area

Answers

Answer:

Okay si the formula to find a trapzoid frame is 1/2 • H ( b1 + b2 )

Step-by-step explanation:

1. add the two bases

2. mutiply it by the height

3. divide it by 2

What is 3 over 1/2 + (-6)-(-1 over 1/2 - 9 over 3/4 simplified?

Answers

It is 8 3/4 because of the “keep change change”that if there are 2 negatives for example “-6 - (-11 1/4) you would change it to “-6 + (+11 1/4) or “-6 + 11 1/4

Todd plans to swim 18 laps in the pool. Each lap is 50 yards. So far, Todd has swam 738 yards. What percentage of the total has Todd completed?

Answers

Answer:

82%

Step-by-step explanation:

18 x 50 = y

738 divided by y = percentage

18 x 50 is 900.

738 divided by 900 is 0.82, or 82%.

Olga decorates blankets with ribbons. She has 12 yards of ribbon. She uses 22 feet of ribbon to decorate blankets. After decorating the blankets, how many feet of ribbons are left?

Answers

Answer:

14 feet

Step-by-step explanation:

So first you convert the 12 yards to feet; now you will get 36 feet. If she uses 22 feet, you subtract 22 from 36 to get the answer of 14 feet of ribbon

The revenue, in dollars, of a company that makes toy cars can be modeled by the polynomial 3x2 4x – 60. the cost, in dollars, of producing the toy cars can be modeled by 3x2 – x 200. the number of toy cars sold is represented by x. if the profit is the difference between the revenue and the cost, what expression represents the profit? 3x – 260 3x 140 5x – 260 5x 140

Answers

An expression has numbers, variables, and mathematical operations. The expression that represents the profit made by the organization is 5x-200.

What is an Expression?

In mathematics, an expression is defined as a set of numbers, variables, and mathematical operations formed according to rules dependent on the context.

As it is given that the profit is the difference between the revenue and cost. Therefore, the expression that represents the profit can be written as,

[tex]\rm Profit = Revenue - Cost[/tex]

        [tex]= (3x^2+4x-60)-(3x^2-x+200)\\\\= 3x^2+4x-60-3x^2+x-200\\\\=5x-260[/tex]

Thus, the expression that represents the profit made by the organization is 5x-200.

Learn more about Expression:

https://brainly.com/question/13947055

A student has $350.00 in her account and withdrew 3/5 of it . how much money , in dollars, remains in the account

Answers

a whole, fraction wise, is always 1, so in this case we're looking at a whole of 5/5 = 1, and she withdrew 3/5, so what remained is 2/5

[tex]\cfrac{5}{5}\qquad \qquad \cfrac{5}{5}-\cfrac{3}{5}\implies \cfrac{5-3}{5}\implies \cfrac{2}{5}~\hfill 350\left( \cfrac{2}{5} \right)\implies \boxed{140}[/tex]

What type of relation is described by y=3^x +2?

A. Quadratic
B.Linear
C.Exponential
D.Polynomial
E.Asymptotic

Answers

Answer:

It's Exponential.

because there is an exponent.

Would be appreciated if anyone could please solve!!:)

Answers

Answer:

L' = (3,9)

M'= (9, -6)

N'=(-3,-3)

O'=(-6, 18)

Step-by-step explanation:

I got those points multiplied by 3

Write an equation for the value of y in terms of x. Then solve the equation for x.
I don't know what to do when there are 2 missing variables

Answers

Answer:

Just do,

Step-by-step explanation:

(X x Z) = Y

(X/Z) = Y

Hello! The question is posted below in the photo, willing to award brainliest.

Answers

Answer:

-1.5

Step-by-step explanation:

Hope this helps .

Pls mark brainliest.

Thank if correct :)

−110 − (−83) =
A) −193
B) −27
C) 31
D) 193

Answers

Answer:

-27

Step-by-step explanation:

[tex]-110-(-83) = -110 +83=-27[/tex]

B -27 have a good day
Other Questions
(80 + 240 times 3) 20Solve the equation Selina is picking strawberries. She is using 5 boxes to hold them all. Each box has a width of 6 in, a height of 3 in, and a length of 4 in. What is the total volume of all 5 boxes? Explain how to solve this problem. Which term describes a form of informal training in which an experienced employee guides the work of a new employee?. Round each fraction to help you estimate the solution for the following equation: (2 points) nine tenths minus eight tenths equals a 0 b one half c 1 d one and one half Which law ended the country-based quota system that had originally been established by the National Origins Act of 1929 Are these ratios equivalent? 4:5 12:20 What would be the estimated blood alcohol concentration for a person who is experiencing emotional instability, with exaggerated feelings and behavior How does machiavelli work to achieve his secondary purposeto inform his readers? select two options he explains that principalities dont know how to rule themselves. he describes the steps people take when they join rebellions. he describes the emotions of people in a conquered republic. he shows the different roles within a royal family. he argues why a prince should sometimes ruin a city. Econ Services statement of cash flows indicates a $73,000 increase in cash during the year. The statement also indicates that the company used $42,000 for operating activities and $89,000 was provided by financing activities. How much was net cash provided/(used) by investing activities? A trapezoid has sides of length 11 inches, 1.5 inches, 11 inches, and 19.1 inches. What is the perimeter? The House and Senate ______ Committees are responsible for reviewing each agency's budget, which includes interviewing top officials from each federal agency. Figure b 32.5 12.5 30 figure a 13 12 5 If the relative frequencies being compared are 0.21 and 0.79, which conclusion is most likely supported by the data? an association cannot be determined between the categorical variables because the relative frequencies are not similar in value. there is likely an association between the categorical variables because the relative frequencies are not similar in value. an association cannot be determined between the categorical variables because the sum of the relative frequencies is 1.0. there is likely an association between the categorical variables because the sum of the relative frequencies is 1.0. revolution that questioned accepted views of the world In memory research, retrieval, remembering, and knowing do not mean the same thing. Retrieval is the general act of recalling or recognizing something from memory, Remembering, specifically applies to situations when we retrieve personal memories of events, and knowing refers to_____ The earliest surviving Shang writing on oracle bone inscriptions was primarily used for what purpose?A. To document family histories and genealogiesB. To mark military accomplishments and great moments in Shang historyC. To ask gods questions about lifeD. To make political announcements to the people E. To praise local elites 11 is a quotient of a number y and 6 Who lead the french forces in the battle of puebla?. Lin needs `5` cups of flour to make muffins for her family, but only has `3. 5` cups of flour left. How much more flour does she need? what is an example of parallelism in Eraser tattoo?