If Ben borrowed $20,000 for his business of a 10-year loan at 6.25%.a. What is the monthly payment of a Ben’s loan?
b. What will be the total of Ben’s monthly payments for the 10 years?
c. How much total interest did Ben pay for the loan?

Answers

Answer 1
Answer:

Answer:

a. $104.17 monthly interest.

b. 120 monthly payments.

c. Total interest of $12,500.

Step-by-step explanation:

a.

I = Prt

I = (20000 x 0.0625 x 1) = 1250 annually

for monthly Interest payment divide the answer by 12;

1250/12 = $104.17 monthly

b.

12 x 10 = 120 monthly payments

c.

I = Prt

I = $20,000 x 0.0625 x 10

I = $12,500


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Answers

Answer:

Step-by-step explanation:

thr

Liam calculated the slope of line AC between points A and B. Olivia calculated the slope of line AC between points B and C. Both Liam and Olivia drew triangles, as shown below, to calculate the slopes: A graph shows numbers from 0 to 27 on the x axis at increments of 3 and the numbers 0 to 6 on the y axis at increments of 1. A line AC is drawn that joins the ordered pairs 0, 0 and 27, 6.The ordered pair 9, 2 is labeled as B. A right triangle is drawn with AB as hypotenuse and height 2 units. Another right triangle is drawn with BC as the hypotenuse and height 4 units.

Which statement is correct about the slopes calculated by Liam and Olivia if both calculated the slopes accurately?

Liam calculated the slope as 2 over 9 and Olivia calculated it as9 over 2.
Liam calculated the slope as 9 over 2 and Olivia calculated it as2 over 9.
Both calculated the slope as 2 over 9.
Both calculated the slope as 9 over 2.

Answers

Liam calculated the slope of line AC between points A(0,0) and B(9,2):
m=(9-0)/(2-0) = 9/2
Olivia calculated the slope of line AC between points B(9,2) and C(27,6):
m=(27-9)/(6-2)=18/4=9/2
Answer: Both calculated the slope 9 over 2.

The correct statement about the slopes they both calculated is: D. Both calculated the slope as 9 over 2.

How to Calculate Slope of a Line?

Slope = rise/run = change in y / change in x

Slope of line AC calculated by Olivia by Liam = (9-0)/(2-0)

= 9/2

Slope of line AC calculated by Olivia = (27-9)/(6-2)

= =18/4

= 9/2

The true statement about the slopes calculated would be: D. Both calculated the slope as 9 over 2.

Learn more about slope on:

brainly.com/question/13861479

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Someone help me with this algebra 2 question

Answers

We know that if Two Complex Numbers (p + qi) and (a + bi) are said to be Equal then (p = a) and (q = b)

Given : (2x + 5) + (1 - y)i = -3 - 4i

⇒ 2x + 5 = -3

⇒ 2x = -3 - 5

⇒ 2x = -8

⇒ x = -4

Option 2 is the Answer

2x + 5 + i - yi = -3 - 4i

2x - yi = -8 - 5i

2x = -8 - 5i - yi

2x = -8 -i(5-y)

2(-4) = -8 -i(5-y)

0 = -i(5-y)

0 = 5 - y

-y = -5

y = 5

If x = -4, y is a real number.

A computer store sells a laptop for $475. The sales tax is 7%. Including sales tax, what is the total cost for a laptop ?

Answers

answer: $508.25

explanation: .07 x 475 = $33.25
33.25 + 475 = 508.25

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Answers

Your answer is correct! Of the students who live more than one mile away, about 32% ride a bike!

Can somebody help me solve Y=9X+6

Answers

Y=9X+6 (You want to shift everything but the x to the other side right?)
So -6 and you have to do the same to each side which makes:

Y-6=9X

Then to leave the x by itself you need to reserve what you've done again so divide both sides by nine to make/

Y-6/9=X

Hope that made sense!!
Y=9x+6
-6=9x (-6)
-6/9=x