Mathematics

Mathematics, 07.07.2019 05:00, adriana145

What is left on a car loan at 5% interest with a balance of 5,527

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Mathematics, 26.06.2019 09:30, owenwernert

Mike took out a $30,000 loan with a 7% annual interest rate. each month he pays 2% of the balance of the loan. which equation gives the approximate amount, a(x), he has left to pay on his loan at the end of each year as a function of x, the number of years since he took out the loan? a(x) ≈ 30,000(0.91)x2 a(x) ≈ 30,000 + (0.785)x3 a(x) ≈ 30,000(0.840)x a(x) ≈ 30,000(0.785)x2 a(x) ≈ 30,000(0.91)x

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Mathematics, 26.06.2019 13:30, Ksedro1998

Mike took out a $30,000 loan with a 7% annual interest rate. each month he pays 2% of the balance of the loan. which equation gives the approximate amount, a(x), he has left to pay on his loan at the end of each year as a function of x, the number of years since he took out the loan?

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Mathematics, 28.07.2019 14:00, CHEVYWADDELL

Earl is graduating from college in one year, but he will need a loan in the amount of $3,650 for his last two semesters. he may either receive an unsubsidized stafford loan with an interest rate of 6.8%, compounded monthly, or his parents may get a plus loan with an interest rate of 7.8%, compounded monthly. the stafford loan has a grace period of six months from the time of graduation. which loan will have a higher balance and by how much at the time of repayment? (2 points) select one: a. the stafford loan has a higher balance by $95.69. b. the plus loan has a higher balance by $60.69. c. the plus loan has a higher balance by $39.02. d. the stafford loan has a higher balance by $246.11.

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Mathematics, 03.08.2019 15:30, issjzjjsmsm

Marc maxwell took out a simple interest loan at 13% interest for 12 months. his previous balance is $2,681.04. what is the final payment if the loan is paid off with the next payment? (hint: to calculate the payoff, find the interest on the balance due. then, add the interest to the balance due.) $2,876.91 $2,710.08 $2,801.01 $2,998.01

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