Jasmine is taking out a small business loan for her floral shop. She plans to apply for a $30,000 loan with a 5-year term and a 3.75% interest rate. She is unsure of her expected monthly profits, so she wants to know the benefit of a smaller loan. Using the loan amortization formula, how much money would Jasmine save over the life of the loan if she were to borrow $10,000 less?

Answers

Answer 1

Answer:

Monthly pay = int. rate / 12 months * cost of car after downpayment / (1-(1+ int. rate/12 months)^( - term length of loan )

Step-by-step explanation:

Just plug in your numbers:

M = 0.0375/12 * 30000/(1-(1+.0375/12)^60)

since 5 years is 60 months


Related Questions

Joan wants to buy one Coke for $1 and some candy bars that cost $0.75 each.
She has no more than $10. At most, how many candy bars could she buy?

Answers

Answer:

12 candy bars

Step-by-step explanation:

10-1=9 9 divided by 0.75 is 12

Answer:he can buy 13 candy bars with the entire ten

Step-by-step explanation: 0.75x10 equals 9.75 and 0.75x14 equals 10.5

Will give brainliest please help

Write an expression in Simplest form for the perimeter of tha figure.​

Answers

Answer:

6a + 2

Step-by-step explanation:

a + 3a - 1 + 2a + 3

6a - 1 + 3

6a + 2

plz help will give brainly
What is the mean of: 9.6, 2, 4.1, 8, 5.9, 2, 3.7, 6, 7.6?
Group of answer choices

Answers

Answer:

5.43333 recurring

Step-by-step explanation: Mean is the average of a set of numbers. That is, the sum of the digits in the set, divided by the number of the digits.

In the question above, we have 9 digits. So we find the sum of the digits divided by 9.

(9.6+2+4.1+8+5.9+2+3.7+6+7.6)/9

48.9/9

5.4333recurring

hope this helped!

Answer:

5.43333

Step-by-step explanation:

9.6+2+4.1+8+5.9+2+3.7+6+7.6=48.9

48.9/9=5.43333

Find the area of a rectangle if length = 2a + b and breadth = 3a + c

Answers

Step-by-step explanation:

A=l×b

=(2a+b)(3a+c)

=6a²+2ac+3ba+bc

hope it helps.

Answer:

6a^2+2ac+3ab+b^2

Step-by-step explanation:

Given

length=2a+b

breadth=3a+c

Now,

Area=?

We know,

Area=l*b

(2a+b)*(3a+c)

2a(3a+c)+b(3a+c)

6a^2+2ac+3ab+b^2

You can use formula (a+b)^2

a^2+2ab+b^2

HELP I NEED TO TURN THIS IN IN 20 MINUTES

Answers

It would be the same as y I’m pretty sure

Answer: ↓↓↓

Step-by-step explanation:

∠y and 86 are same-side interior angles / linear pairs so they are supplementary

∠y + 86° = 180°

∠y = 94°

∠x and ∠y are same-side exterior angles so they're also supplementary

∠x + ∠y = 180°

∠x + 94 = 180

∠x = 86°

Another way to find ∠x:

∠x and m∠86 are alternate exterior angles so they are congruent.

∠x ≅ 86

∠x = 86°

Hope that helped! Have a great day!

explain how you will find the sum of 4.2 and 2.14

Answers

Answer:

you find the sum by adding a "0" at the end of "4.2" and the stack add them (or however you can add them).

Step-by-step explanation:

 4.20

+ 2.14

=  6.34

An angle supplementary to a right angle is a acute angle

Answers

Answer:

False

Step-by-step explanation:

supplementary means 180 and right angle is 90 so 180-90 gives us 90 which is also a right angle. So false, acute angle is when the angle is less than 90. If it is excatly 90 then that would be right angle.

Wile E. Coyote is pursuing the Road Runner across Great Britain toward Scotland. The Road Runner chooses his route randomly, such that there is a probability of 0.8 that he'll take the high road and 0.2 that he'll take the low road. If he takes the high road, the probability that Wile E. Catches him is 0.01. If he takes the low road, the probability he gets caught is 0.05.

Answers

Answer:

0.444

Step-by-step explanation:

The objective is to draw the tree diagram and find the probability that the roadrunner took the high road, given that he was caught.

The tree diagram is attached in the image below:

The required probability can be computed as:

[tex]P(high\ road \ | \ caught) = \dfrac{P(high \ road \ and \ caught)} {P(caught)} \\ \\ P(high \ road \ | \ caught) = \dfrac{P(high \ road \ and \ caught)}{P(high \ road \ and \ caught)+P(low \ road \ and \ caught)}[/tex]

[tex]P(high \ road \ | \ caught) =\dfrac{ 0.8*0.01 }{ 0.80*0.01 + 0.20*0.05} \\ \\ P(high \ road \ | \ caught) = \dfrac{0.008 }{ 0.008 + 0.01} \\ \\[/tex]

[tex]P(high \ road \ | \ caught) = \dfrac{0.008 }{ 0.018}[/tex]

[tex]\mathbf{P(high \ road \ | \ caught) = 0.444}[/tex]

The probability that he took the high road, given that he was caught is 0.444 and this can be determined by using the properties of probability.

Given :

The Road Runner chooses his route randomly, such that there is a probability of 0.8 that he'll take the high road and 0.2 that he'll take the low road. If he takes the high road, the probability that Wile E. Catches him is 0.01.If he takes the low road, the probability he gets caught is 0.05.

The required probability is given by:

[tex]\rm P = \dfrac{P(High\;road\;and\;caught)}{P(Caught)}[/tex]

[tex]\rm P = \dfrac{P(High\;road\;and\;caught)}{P(High \;road \;and \;caught)+P(Low\; road\; and \;caught)}[/tex]

[tex]\rm P=\dfrac{0.8\times 0.01}{0.8\times 0.01 + 0.2\times 0.05}[/tex]

[tex]\rm P=\dfrac{0.008}{0.018}[/tex]

P = 0.444

The probability that he took the high road, given that he was caught is 0.444.

For more information, refer to the link given below:

https://brainly.com/question/23044118

Complete the inequality statement.

8 5/12___ 8 3/8

>
<
=

Answers

Kkkkkkkkkkkkkkkkkkkk = 5

Carli and Angela share a cell phone plan and split the bill each month. Last month, their total bill was $109. Carli went over her data limit on her phone, so her share of the bill was $15 more than Angela's to account for the overage charge. Which system of equations represents this situation?
A. c+a=109
a=c+15
B. c+a=109
c=a+15
C. c+a15
a=c+109
D. c-a=15
c=a+109

Answers

Answer:

B

Step-by-step explanation:

A- angela

C- charli

the answer is b becasue their total together is $109, but since charli went over her data limit she has to pay an extra $15 so, if they split the bill and add $15 dollars to bill that is the amount charli has to pay so therefore, its B  

c + a = 109

c = a + 15

Tony operates a skate rental company. He charges an equipment fee of $3 plus $6 per hour. Which equation represents this linear relationship? A. y= 6x+3 B. y= 3x + 6 C. y= -6x + 3 D. y= 3x - 3​

Answers

Answer: A) y = 6x +3

Step-by-step explanation:

Let x represent the number of hours. $6 per hour can now be written as 6x.

Now, we must account for the $3 flat, fee and add it to 6x, getting 6x + 3

Five Candy bars cost $3.23. How much will 7 candy bars cost?

Answers

Answer:

$22.61

Step-by-step explanation:

m a t h

Answer:

$22.61 :)

Step-by-step explanation:

PLS HELP! A bicycle tire has a radius of 13.5 inches. How far will the bicycle travel in 100 rotations of the tiree?

Answers

Answer:

8482.3 inches

Step-by-step explanation:

You have to find the circumference of the wheel.

If the radius is 13.5, the diameter is 27 (13.5 x 2).

C = πd

C = π × 27

C = 27π

100 rotations means 27π × 100 = 2700π

= 8482.3 inches

Answer:

8478

Step-by-step explanation:

13.5x2xπ=84.78

84.78x100=8478

Easy question!!!! In the rhombus, 41-106. What are m 22 and m 23? The diagram is not drawn to scale.
Option 1 option 2 option 2 option 4

Answers

Answer:

Option 3

Step-by-step explanation:

plzz helppppppppppppp ​

Answers

Answer:



Step-by-step explanation:

Step 1 Answer: No

Step 2 Answer: Yes, 4

Step 3: Yes

Which of the following did Napoleon use to strengthen France and help restore the country after the French Revolution?

Question 2 options:

The Enlightenment Promise


He did not do anything to help fix France


The Emperor's Stone


The Napoleonic Code

Answers

Answer: The Napoleonic Code

Step-by-step explanation:

I took the test, and I also needed help. Im not sure if it's the right answer but it's what everyone I asked said


3
Tanner purchased a new car for $10,000. The car's value is depreciating (Decreasing) by 5% each year. If this is an exponential situation, write an equation
for this situation, then determine the new value of the car after 3 years. Round your answer to two decimal places

Answers

Answer:

$8573.75

Step-by-step explanation:

The value of the car as a function of the number of years (t) is

V = $10,000(1.00-0.05)^t

which, after 3 years, comes to V = $10,000(1.00-0.05)^3 = $8573.75

Find the product.
2x(x +1)

Answers

Answer:

[tex]2x^2 + 2x[/tex]

Step-by-step explanation:

Multiply into the parentheses.

Simplify:

[tex]x(2x + 2)[/tex]

PLS HELP Me I WILL GIVE hug

Answers

Answer:

3+5=8

10=12-2

Step-by-step explanation:

I think this is for the first two points ..

sorry if wrong.

Answer:

x= 5

x=2

x= 7 or -7

x=18

I want my hug now >:D

Example 1: The school cafeteria offers a choice
of two main courses (grilled cheese sandwiches or
soup of the day) and five desserts (jello, pudding.
fruit cups, sundaes, or granola bars). How many
different lunches could you have?

Answers

Answer:

5

Step-by-step explanation:

couse 5x1 its 5 and 5 x1x1 its 5

I’ve tried the other answers in this app but non of it workssss helpppp

Answers

Answer and Step-by-step explanation:

The lines are parallel, so that means that some angles are congruent to each other.

On the other side of 80 degrees, it would be 100 degrees (180 - 80 = 100).

Using the interior angles theorem, this means that the angle in the triangle and 50 added up are equal to 100. So, the angle C is equal to 50.

Now, because of the triangle angles sum theorem, the angles have to add up to 180, so we do 180 - 80 - 50, which is 50 (for angle A).

So, since the two angles have 50 degrees, the triangle is an isosceles triangle.

Hope this helps! (That is the explanation btw)

#teamtrees #WAP (Water And Plant)

im giving most of my points pls help(49)
What is the volume of a right rectangular prism with a height of 15 feet, length of 24 inches, and width of 6 feet?

45 ft³

180 ft³

2160 ft³

4320 ft³

Answers

Answer:

180 ft^3

Step-by-step explanation:

volume=lwh

15 * 2* 6 = 180 ft^3

*change 24 inches to 2 feet*

Answer:

180 ft³

Step-by-step explanation:

To find the volume of a right rectangular prism, the equation is length x width x height. So, you would do 2 x 6 x 15, because 24 inches is 2 feet and the rest is given. And so, 2 x 6 x 15 = 180, so your answer is 180 ft³.

(hope this helps :P)

if thier is 24 hours in a day and the sky taste like watermelon then how many people would be born tommorow?

Answers

Answer:

The answer is apple

Step-by-step explanation: If you break it out correctly, whenever the sky tastes like watermelon its a sign of the birth of apples.

Answer:

the answer is simply 14

Step-by-step explanation:

its ez dum baby brain

Dimensional Analysis Method (also called conversion factor or unit analysis) (Appendix D: Dimensional Analysis, Page 397) o The dimensional analysis method uses equivalences written in _____________________ form. o Because the numerator and denominator of the fraction are equivalent, the value of the fraction is __________ o Multiplying by 1 does not change the quantity, but using an equivalence will change the units (or label) o In order for units to cancel they must be in _____________________________ of the fraction.

Answers

Answer:

The dimensional analysis method uses equivalences written in fractional form. Because the numerator and denominator of the fraction are equivalent, the value of the fraction is 1. Multiplying by 1 does not change the quantity, but using an equivalence will change the units (or label). In order for units to cancel they must be in the numerator and the denominator of the fraction

Step-by-step explanation:

Dimensional analysis is a method of problem solving that takes into consideration the identity property of multiplication whereby the product of a number and 1 will always give the same number, that is 1 × n = n whereby the value "n" remains the same after the multiplication

Therefore, a fraction of two equivalent measurements but different units has a value of 1, and multiplying the equivalent fraction with another measurement with the same unit as the denominator of the fraction with a value of 1 changes the unit to that of the unit of the numerator

Solve the system of equations.
x+6y=-7
2x+12y=-14

x=
y=

Answers

Answer:

Solve the system of equations.

x+6y=-7

2x+12y=-14

x=1

y=12

Step-by-step explanation:

Answer:

∞ amount of solutions

A basket of fruit holds 12 apples, 24 pears, and 16 oranges. Find the ratio of apples, pears, and oranges in the basket.

Answers

Answer:

3:6:4

Step-by-step explanation:

We are given that

Number of apples in the basket=12

Number of pears in the basket=24

Number of oranges in the basket=16

We have to find the ratio of apples, pears and oranges in the  basket.

[tex]12=4\times 3[/tex]

[tex]24=4\times 3\times 2[/tex]

[tex]16=4\times 2\times 2[/tex]

HCF (12,24,16)=4

Now, divide each number by HCF

Then, we get

3:6:4

Therefore, the ratio of apples, pears and oranges in the  basket.

3:6:4

will mark brainly please put the meanings i have 10 mins left

1.Topography

2. Landforms

3.Mountains

4. Coastline

5. Dune

6. River

7. Delta

8. Surveying

9.Model

Answers

Answer:

A river is ribbon like shape of water that flows downhill from the force of gravity. A body of water smaller than a river is often called a stream, creek, or pond.

A delta is a body of water that carries rushing water from rivers into lakes, oceans, etc.

Hope this helps!

Please mark brainliest!

Label the sides with its corresponding ratio in the special right triangle given below. The answer choice may be used more than once.

50 points.

HELP PLEASE :)​

Answers

ratio 4.5 makes sense because the triangle is a right angle

Answer:

See below

Step-by-step explanation:

It is isosceles right triangle so the sides will be a for legs, √2a for hypotenuse:

Legs 1 and 1, hypotenuse √2Legs √2 and √2, hypotenuse 2

9. If LK = MK, LK = 7x - 10. KN = x + 3, MN = 9x - 11, and KJ = 28, find LJ.
M
K
L
N

Answers

THE ANSWER IS M LIKE THE SECOND ONE like the letter M

write a polynomial that represents the shaded area of the figure below

Answers

i hope this helps you
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Suzi starts her hike at 220 feet below sea level. When she reaches the end of the hike, she is still below sea level at 107 feet. What was the change in elevation from the beginning of Suzi's hike to the end of the hike?The change was____ feet. Highlight any word(s) that make up the verb. Suga had planted an apple tree in the yard. Why hadn't conquistadors conquered Africa during the Age of Exploration?Mapsody he time period did not include Africa.BThey didn't have the drugs needed to fight malaria.They were too busy colonizing Latin America.DTheir ships weren't strong enough to reach the southern tip of Africa. Ishmael has four potential jobs to consider, each with different salary offers. From highest to lowest, the salaries are: $58,500, $57,000, $56,000, and $53,000. Based on the information provided, what is the opportunity cost of Ishmael accepting the position that pays $56,000 Help plz!! 14 is 19% of what number? Use the methodfrom the video to write an equation. Then solvethe equation to give your final answer Candy is on sale for $0.75 each. You have a coupon for $0.25 off your total purchase.Write a function rule for the cost of n pieces of candy.A. C(n)= 0.25n-0.75B. C(n)= 0.75n-0.25C. C(n)= 1.0nD. C(n)= 0.75nWhich one is it? Modells sports store has a 30% off sale on all of its merchandise. How much is the discount on a baseball glove that originally costs $25? Round 8.96278650872 to the nearest millionth many african political groups were organized into Please help solve this What are the products of photosynthesis1.carbon dioxide and hydrogen2.hydrogen oxygen and water3.light energy water and carbon dioxide4.oxygen and glucose Which equation finds m given E, and C help me fast!!! Which sentence is written correctly?I refuse to except Doug's excuses.Fay loves all animals accept snakes.We ate all the cookies accept for one.No one else is awake except for me. Graph the equation x+4y=6 by plotting points. Evaluate 9 to the power of -1/2 The cylindrical part of a architectural column has a height of 325 cm and a diameter of 30 cm. Find the volume of the cylindrical part of the column. Use 3.14 for and round your answer to the nearest cubic centimeter if needed. i saw this other person do it so, i will too.pick a number from 1-100 and ill give the closest brainliest! How does McDonald's closing down affect the economy and people's life choices? How would this affect crimes, vandalism, and petitions? Make sure to include factual evidence and points. (4-5 complete sentences) (The first to answer seriously gets brainliest) (I also included a picture of Mcdonald's just incase you don't know what it is) 5(379)-4y-1 solve for y What region was able to break away from British rule and become its owncountry?