Logan is taking a loan out to buy a $4000 right for his wife. He has two finance options listed below. Which should he choose? Option a- a five year loan with a %7 interest rate compounded quarterly l. Option b- an eight year loan with a 5.5% interest rate compounded annually

Answers

Answer 1

Answer:

The most convenient option for Logan is A, since he will pay a lower amount than if he chose option B.

Step-by-step explanation:

Given that Logan is taking a loan out to buy a $ 4000 right for his wife, and he has two finance options, Option A, which gives a five year loan with a% 7 interest rate compounded quarterly, and Option B, which gives an eight year loan with a 5.5% interest rate compounded annually, to determine which option should be chosen, the following calculation must be performed:

Option A:

X = 4,000 (1 + 0.07 / 3) ^ 5x3

X = 5,653.49

Option B:

X = 4,000 (1 + 5.5 / 1) ^ 8x1

X = 6,138.75

Thus, the most convenient option for Logan is A, since he will pay a lower amount than if he chose option B.


Related Questions

Someone plz help me giving brainliest!

Answers

Answer:

the estimate is : 39 7/32

the answer is :   46  9/35

Can some one help me answer this.

Answers

Answer: y= 0.0025

Step-by-step explanation:

Answer:

y= 0.0025

Step-by-step explanation:

every number in the y place is mutipled by four so to find y you need to divide 0.01 by 4

Hiiioo can someone please help me with this ❤️❤️❤️

Answers

The answer is the third one 5/6

Also can I get brainliest plz

PLEASE HELP I"LL MARK YOU THE BRAINLEST AND GIVE YOU ADDITIONAL POINTS> HELP ITS DUE VERY SOON. To answer this question you must divide the shape into two triangles and a rectangle and add the sums of the areas together.

You work as a custodian at a school and are responsible for wiping cafeteria tables in the shape shown. Each spray bottle covers 200 square feet, and you need to clean 6 tables.

If you have 4 bottles of spray, do you have enough to clean all 6 tables?
Yes, because the area of all 6 tables is 420 sq. ft., and the spray covers 800 sq. ft.
Yes, because the area of all 6 tables is 432 sq. ft., and the spray covers 800 sq. ft.
Yes, because the area of all 6 tables is 768 sq. ft., and the spray covers 800 sq. ft.
No, because the area of all 6 tables is 804 sq. ft., and the spray only covers 800 sq. ft.
No, because the area of all 6 tables is 912 sq. ft., and the spray only covers 800 sq. ft.

Answers

Answer:

option E

Step-by-step explanation:

No, because the area of all 6 table is 912 sq .ft

and the spray only covers 800 sq .ft .

plz mark my answer as brainlist plzzzz.

hope this will be helpful to you .

No, because the area of all 6 tables is 912 sq ft and the spray only covers 800 sq feet. To find the area of the the table, we have to account for the two ends of the tables shaped like triangles. So this means we will find the area of those by doing 2(b•h•1/2)

8•3= 24
24• 1/2= 12
This means 12 is the area of one triangle, but we have two of those so...

12+12=24

Now to find the area of the rectangle we do (b•h)
16•8= 128

Add it all together and...
128+ 24= 152

We have 6 tables in total so multiply it by 6
152• 6= 912

We have 6 tables so...
156•6= 912 sq

There we go. We need 912 sq, and we only have enough to cover 800 sq. So no.

Find the perimeter of this semi-circle with diameter 62cm.
Give your answer as an expression in terms of Pi

Please include the formula

Answers

Step-by-step explanation:

hope it helps

have a great day!!

cuál es la raíz cuadrada de 160?

Answers

Se trata de 12.6. Espero que esto haya ayudado!

What is the equation of the yellow line

Answers

Answer:

y = -[tex]\frac{5}{3}[/tex] x -2

Step-by-step explanation:

The line is going down to the right so it has the negative slope, with a y- intercept of (0, -2) and a slope of m = rise/run = -5/3

The length of a rectangle is 3 times the width. If
the length is decreased by 4m and the width is
increased by 1m, the perimeter will be 66m.
Determine the dimensions of the original rectangle.

Answers

Answer:

Length = 27 metresWidth = 9 meters

Step-by-step explanation:

I’m not sure but yes

Marcus mows lawns for his summer job. He earns $15 per lawn. If he earned $75 dollars during the week, how many lawns did he mow?

Answers

Marcus mowed 5 lawns

Explanation: 75 divided by 15 = 5

Answer in a flash!!!

Answers

Answer:

C

Step-by-step explanation:

As x moves towards infinity, the y value is constant, it never changes.

Answer:

The answer is C, it doesn't show a change

Solve for x
8x + 207
= 6x + 185

Answers

Answer:

The answer is x = -11

Answer:

8x+207=6x+185

8x-6x=185-207

2x=-22

divide by 2

x=-11

What is the slope of the line that contains these points? x=9,13,17,21 and y =-24,-21,-18,-15

Answers

Slope: 3/4
...................

State whether the indicated angle pairs are adjacent or not. An explanation would be nice, but you don't have to.

Answers

1. Yes, angles a and b have a common vertex (starting point) and a common side (the line between angle a and b). They do not overlap.

2. No, angles a and b share a common vertex but not a common side.

3. No. Same as above.

4. Yes, anlges a and b share a common vertex and side.


Find the value of x.

Answers

Answer:

x = 33

Step-by-step explanation:

x - 12 and 2x + 3 form a right angle , then

x - 12 + 2x + 3 = 90

3x - 9 = 90 ( add 9 to both sides )

3x = 99 ( divide both sides by 3 )

x = 33

50 meters to 20 meters

Increase or decrease?

Answers

Answer:

Decrease

Step-by-step explanation:

50 is bigger than 20, so it's decreasing and the units are the same.

4(3x+2y) distributive property pls help

Answers

Answer:

[tex]12x+8y[/tex]

Step-by-step explanation:

1) Expand by distributing terms.

[tex]4*3x+4*2y[/tex]

2) Simplify 4*3x to 12x.

[tex]12x+4*2y[/tex]

3) Simplify  4*2y to 8y.

[tex]12x+8y[/tex]

Therefor, the answer is 12x + 8y.

What are two components of a sample space

Answers

i’m so sure, i’m sorry to :((

Find the missing side

Answers

Answer:

8

Step-by-step explanation:

13 - 5 = 8

The circumference of a circle measures 88 cm. Find the length of the circle's diameter Use pi = 22/7 PLS HELP MEEEEE

a) 8 cm
b) 276 cm
c) 44 cm
d) 28 cm

Answers

Answer:

28, let me know if you got it right

Una caja contiene lápices azules y rojos. ¿Cómo se interpreta que la razón entre los lápices azules y los rojos en la caja sea

Answers

Pregunta completa:

Una caja contiene lápices azules y rojos. ¿Cómo se interpreta que la relación entre

los lápices azul y rojo en la caja es 3: 1?

A Hay tres lápices rojos y un lápiz azul.

B Hay tres lápices azules y un lápiz rojo.

C Hay tres veces más lápices rojos que azules.

D Hay tres veces más lápices azules que rojos.

Responder:

B Hay tres lápices azules y un lápiz rojo.

Explicación paso a paso:

Si se le da eso; La relación entre los lápices azul y rojo es de 3: 1

El primer número en la expresión de razón representa el color del lápiz indicado primero en la expresión

Por lo tanto ;

Lápiz de color azul = 3

Lápiz de color rojo = 1

Por lo tanto, hay tres lápices azules y un lápiz rojo.

Farah harvests 20 pounds of tomatoes from her garden. She needs 4 4/5 pounds to make a batch of soup. Additionally, if she uses 5.6 pounds of tomatoes to make spaghetti sauce, how many batches of soup can Farah make?

Answers

Answer:

1 batch

Step-by-step explanation:

Farah needs 4 and 4/5 pounds of tomatoes & and additional 5 and 3/5 pounds of tomatoes to make soup.

4.8 + 5.6 = 10.5 pounds per soup

10.5*2 = 21 > 20 pounds

Farah would need one more pound of tomatoes in order to make 2 batches of soup. Therefore she can only make 1 batch.

The area of a rectangular portrait is 20 square feet. It is 4 feet wide. How high is it?

Answers

Answer:

5 feet high

Step-by-step explanation:

A= LxW

Yx4= 20

  /4    /4

Y= 5ft

It is 5ft high

Which of the following possibilities will form a triangle? (1 point)

a
Side = 13 cm, side = 6 cm, side = 6 cm

b
Side = 13 cm, side = 5 cm, side = 8 cm

c
Side = 14 cm, side = 7 cm, side = 6 cm

d
Side = 14 cm, side = 6 cm, side = 9 cm

Answers

Answer:

D

Step-by-step explanation:

i think it D because I look up

13cm, 7cm 6cm it a lil close to Sorry if u wrong

Please answer ASAP no links please and thank you

Answers

Answer:

28672

Step-by-step explanation:

4 x 4 x 4 x 4 x 7 x 4 x 4

Find the measure of < 3 in the figure if the measure of < 2 is 130

Answers

Answer:

50

Step-by-step explanation:

All angles around a circle is 360°

/_ 2 = 130°

/_ 1 = 130° (Vertically opposite angles)

= 130° + 130° = 260°

all angles = 360°

= 360° - 260° = 100°

= 100° ÷ 2

= 50°

= /_ 3 and /_ 4 = 50°

Verification = 130° + 130° + 50° + 50° = 360°

9r-5r+2+r ????????? Pls help me

Answers

Answer:

5r + 2

Step-by-step explanation:

9r-5r+2+r=5r+2

\mathrm{Group\:like\:terms}

=9r-5r+r+2

\mathrm{Add\:similar\:elements:}\:9r-5r+r=5r

=5r+2

HELP ASAP
Are 2^3 x 2^6 and (2^3)^6 are the same or different? Why?

Answers

They are the same because the first one you do 2 x 3 which equals 6 and then you do 2 x 6 which equals to 12. Then you do 12 x 6 which equal to 72. Then for the second one you do parentheses first so that 2x6 which equals 12 and then you x 6 so now it would be 12 x 6 equal to 72. SO YOUR ANSWER IS THEY ARE THE SAME

pls help will give brainliest

Answers

Answer:

Both classes will have the same value for the third quartile

Step-by-step explanation:

This is it because the 3rd quartile is where the maximum  or whisker is. Hope this helps!

Find the value of x. Round your answer to the nearest tenth.

Answers

Answer:

+4√5

Step-by-step explanation:

Note that this is a right triangle.  Therefore, the lengths of the three sides are related through the Pythagorean Theorem:  a^2 + b^2 = c^2, where c is the length of the hypotenuse.  

Thus, x^2 + 19^2 = 21^2, or, after solving this for x^2,

x^2 = 441 - 361 = 80

x is therefore +√80, or +4√5.

Please help i give brainliest

Answers

Answer:

The length is 9 feet and the width is 4 feet.

Step-by-step explanation:

Let the dimensions be L (the length)  and L - 5 (the width).

From the given information the area is:

A = L(L - 5)

When L becomes L + 3 and width becomes (L - 5) -1  = L - 6 we have:

A = (L + 3)(L - 6) so

L(L - 5) = (L + 3)(L - 6)

L^2 - 5L = L^2 - 3L - 18

-2L  = -18

L = 9

so the width = 9 - 5 = 4.

Other Questions
thoughts on charli damelio ? find the area calculate the area of the composite figure which is not mentioned in the U.S constitution The advertisement is similar to ads seen in US newspapers during the 1920s. What purchasing method does this ad suggest that 1920s buyers use? Buyers should use cash. Buyers should use checks. Buyers should use stocks. Buyers should use credit. PLEASE HELP !! DUE SOON :( At a school, 40% of the sixth-grade students said that hip-hop is their favorite kind of music. If 68 sixth-grade students prefer hip hop music, how many sixth-grade students are at the school? A student is creating a model of a concave lens. The diagram shows her incomplete model.Which action would best complete her model?A The student should draw the light moving into the lens and then exiting in converging lines.B The student should draw the rays of light moving into the lens and then exiting at right angles.C The student should draw the rays of light moving into the lens and then exiting in a straight path.D The student should draw the light moving into the lens and then exiting in lines that are spreading out. Each of the following is a reward of entrepreneurship EXCEPT:A shorter work dayB. bringing ideas to lifeC higher earnings potentialD. feeling of accomplishment .9.I generally remain in the nucleus [in eukaryotic cells).11.I am made up of nucleotides. List three healthy and three unhealthy fats and oils? CiertoFalso: El chaleco no representa la religion de los Huancayos. * The first ten amendments added to the Constitution are known as theabBill of RightsRights of the AccusedRights to bears ArmsFreedom RightsCd There is a bag filled with 4 blue and 5 red marbles. A marble is taken at random from the bag, the colour is noted and then it is replaced. Another marble is taken at random. What is the probability of getting 2 that are different in colour? what is the volume of this prism 10mm 8mm 12mm 3mm 2mm What does the study of history help you to do? The next term in the sequence 15, 12, 8, 3 1. The height in feet of a thrown football is modeled by the function h(t) = -16t2 + 60t +6, where t is timein seconds.What does the value of h(3) represent in this context?A. The increase in the football's height after 3 seconds.B. The decrease in the football's height after 3 seconds.C. The football's height after 3 seconds.D. The time it takes for the football's height to reach 3 feet. PLEASE HELP ASAP!!! WILL MAKE YOU THE BRAINLIEST!!!What is the solution to this problem in "Fish Till U Drop vs. New Sense, In"?Please read the handout and help!!! The function y=f(x) is graphed below. What is the average rate of change of the function f(x) on the interval 7x8? If you invest $35,000 into an account that gets 9% interest compounded monthly, how much would you havein your account after 10 years?