Why is the interest rate of a loan one of the most important things to consider when shopping around for loans?a.
The interest rate should be ignored, because there’s nothing a consumer can do to change it.
b.
The interest rate is essentially how long you have to pay off your loan, and the shorter the better.
c.
The interest rate can drastically change the total amount paid to the lender, in the case of mortgages, up to thousands of dollars.
d.
The interest rate does not change, even between banks, so choosing the right time to borrow is essential.

Answers

Answer 1

Answer:

Answer:

The correct answer is c. The interest rate can drastically change the total amount paid to the lender, in the case of mortgages, up to thousands of dollars.

Step-by-step explanation:

The formula of interest is A=P (1+r)ⁿ

A=Final amount

P= Principal ( deposit)

r= interest rate

n= time

As we can see, interest rate will be added to the final amount. If the interest rate is higher , higher will be the amount. So, it is an important issue when you are evaluating a loan.

Answer 2

Answer: i think c because it is right i think

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He function f(x) = x2 + 10x – 3 written in vertex form is f(x) = (x + 5)2 – 28. What are the coordinates of the vertex?A.(–5, –28) B.(–5, 28) C.(5, –28) D.(5, 28)

Sumita is following this recipe to make flapjacks.Sumita uses 20 g of sugar.
How many flapjacks is Sumita making?
Recipe: Makes 14 flapjacks
220 g margarine
140 g sugar
140 ml syrup
250 g oats
30 g sultanas

Answers

20flapjacks

Step-by-step explanation:

so this is the answer

Answer:

20 flapjacks

Step-by-step explanation:

Sam needs to cut a piece of sheet metal into 8 pieces. It takes him 5 minutes to make each cut. How many cuts will Sam Make? Can you please explain i got 8 cuts as my answer

Answers

If we assume Sam would achieve his aim of cutting the metal into 8 pieces.

Then he will make 8 cuts. It takes him 5 minutes to make each cut. This is how long it takes to make the cut. This only tells us that he will take a total of 8*5 = 40 minutes, to make all the cuts.

Sam will make 8 cuts as stated in the question.

What is the monthly payment of a financed amount of $14,452 with an APR of 8.9 percent? The term is for 5 years and the monthly payment per $100 is $2.41. $332.80 $348.29 $100.00 $241.00

Answers

Answer:

$348.29

Step-by-step explanation:

The payment is calculated by multiplying the rate per hundred times the number of hundreds. The latter is found by dividing the loan amount by $100.

$2.41 × $14,452/$100 ≈ $348.29

Answer:$299.16

Step-by-step explanation:

Financed amount = $14452

APR = 8.9%

Period / time = 5 years

monthly payment = $100 for every $2.07

To calculate the monthly payment of a financed amount we multiply the financed amount by the ratio of the given amount paid per $100

The monthly payment would be = 14452 * 2.07/100 = 14452 * 0.0207

= $299.16 approximately

therefore the monthly payment of a financed amount of $14452 is equal to $299.16

Suppose v varies directly as g, and v=36 when g=4. Find v when g =11

Answers

36v.......4g

x...........11g

Cross multiply

4x= 36*11

4x= 396

x= 396/4

x= 99

When g=11 V will equal 99

I hope that's help !

you can also doing it another way

4*9= 36v

11*9= 99

If you have questions please ask !

The Hamilton Brush Company issued 2,500 shares of common stock worth $100,000.00 total. What is the par value of each share? A. $40.00 B. $250.00 C. $400.00 D. $25.00

Answers

Given:
2,500 shares of common stock
$100,000.00 total value

Find the par value of each share.

Par value is the value written on each certificate of stock.

We get the par value by dividing the total value of the common stock by the total number of shares of common stock.

$100,000 ÷ 2500 shares = $40 per share

The par value of each share is $40.00

The par value of each share is calculated as $40 which is option A

What is the par value of each share?

To find the par value of each share, we divide the total value by the number of shares. In this case, the Hamilton Brush Company issued 2,500 shares worth $100,000.00 in total.

$100,000.00 divided by 2,500 shares gives us $40.00.

Mathematically;

1000000 / 2500 = 40

Therefore, the par value of each share is $40.00.

The answer to this problem is option A

Learn more on par value of share here;

brainly.com/question/25765493

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The Martins plan for a garden is shown in the diagram. They need to figure out how much they will spend on topsoil for the garden. What is the area of the garden? The area of the garden is ft2. If topsoil costs $0.15 per square foot, how much will they spend to cover the area with topsoil? They will spend $.

Answers

answer 1 is : 144

Answer2:21.60

Answer:

144 and 21.60

Step-by-step explanation:

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