you owe $31000 on student loans at an interest rate of 3.35% compounded monthly. You want to pay off the loan in 8 years. What will your monthly payments be? How much interest do you pay?

Answers

Answer 1

You owe $31000 on student loans at an interest rate of 3.35% compounded monthly.

The total interest paid would be $556.16.The monthly payment would be $318.54.

What is interest?

Generally, To calculate the monthly payment amount, you can use the following formula:

monthly payment = (interest rate / 12) x (loan balance / (1 - (1 + (interest rate / 12)) ^ (-term in months)))

Plugging in the values given in the question, the monthly payment would be:

monthly payment = (3.35% / 12) x ($31000 / (1 - (1 + (3.35% / 12)) ^ (-8 years x 12 months/year)))

= (0.00335) x ($31000 / (1 - (1 + 0.00335) ^ (-96)))

= $318.54

So the monthly payment would be $318.54.

To calculate the total interest paid over the course of the loan, you can use the following formula:

total interest = (monthly payment x term in months) - loan balance

Plugging in the values given in the question, the total interest paid would be:

total interest = ($318.54 x 96 months) - $31000

= $30,443.84 - $31,000

= $-556.16

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Related Questions

Points..................

Answers

Answer: Is it is free points and if thank you so much

IS THIS CORRECT IF NOT LET ME KNOW PLEASE I NEED THIS!!!

IS THIS CORRECT IF NOT LET ME KNOW PLEASE I NEED THIS!!!

Answers

Answer:I believe it is at least that is what I would

Step-by-step explanation:

I’m guessing it’s correct

The base of a solid is bounded by y=x,y=0, and x=1. Find the volume of the solid for each of the following cross sections (taken perpendicular to the y-axis): (a) squares, (b) semicircles, (c) equilateral triangles, and (d) semi ellipses whose heights are twice the lengths of their bases.

Answers

To find the volume of the solid, you need to calculate the area of each cross-section and then multiply that by the thickness of the section (which is the distance along the y-axis).

(a) Squares: The cross-sections are squares with sides of length y. The area of a square is side^2, so the area of each square is y^2. The thickness of the section is the distance along the y-axis, which is the difference between y and 0, or simply y. So the volume of the solid for each of the square cross-sections is y^2 * y

(b) Semicircles: The cross-sections are semicircles with radii of length y. The area of a semicircle is (pi * r^2) / 2 , so the area of each semicircle is (pi * y^2) / 2. The thickness of the section is the distance along the y-axis, which is the difference between y and 0, or simply y. So the volume of the solid for each of the semicircular cross-sections is (pi * y^2) / 2 * y

(c) Equilateral triangles: The cross-sections are equilateral triangles with side length of y. The area of an equilateral triangle is (s^2 * √3)/4. so the area of each equilateral triangle is (y^2 * √3) / 4. The thickness of the section is the distance along the y-axis, which is the difference between y and 0, or simply y. So the volume of the solid for each of the equilateral triangle cross-sections is (y^2 * √3) / 4 * y

(d) Semi-ellipses: The cross-sections are semi-ellipses whose heights are twice the lengths of their bases. The area of a semi-ellipse is πab/2, where a and b are the lengths of the semi-major and semi-minor axes respectively. Therefore the area of each semi-ellipse will be (πy^2)/2. The thickness of the section is the distance along the y-axis, which is the difference between y and 0, or simply y. So the volume of the solid for each of the semi-ellipse cross-sections is (πy^3)/2

It is important to note that this is a theoretical volume calculation, as the shape of the solid does not have a closed form representation by these functions, but rather, these are an approximation.

Also, for any of these volumes to be meaningful, we have to integrate over the range of the variable y, since it is bounded by the equations y=x, y=0 and x=1, the variable y is limited.

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The average rate of growth for human hair is about 0.3 millimeters per day. How many days will it take a hair that is 12 millimeters long to grow to be 16.5 millimeters?

Answers

It will take 15 days for the hair to grow from 12mm to 16.5mm

What do you mean by average rate?

By "average rate" in this context, we mean the typical or usual amount of hair growth per unit of time, which is often measured in millimeters per day. This rate can vary slightly depending on factors such as age, gender, genetics, diet, and overall health.

Let's first find out how much the hair needs to grow by subtracting its initial length (12mm) from its target length (16.5mm):

16.5mm - 12mm = 4.5mm

Now we can divide this growth by the average rate of hair growth to find the number of days it will take to grow this much:

4.5mm ÷ 0.3mm/day = 15 days

Therefore, it will take 15 days for the hair to grow from 12mm to 16.5mm.

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7 3/4 as a improper fraction

Answers

7 x 4 = 28 + 3 = 31

= 31/4

Answer:

31/4

Step-by-step explanation:

The Mixed Number 7 3/4 can be changed into the improper fraction 31/4.

step 1: The denominator of the improper fraction will be 4, since the denominator of the original fraction is 4.

to find the improper fraction, multiply the denominator of the original fraction (4) by the whole number (7). 4x7=28 then add the numerator of the original fraction: 28+3=31. This tells you the numerator of the improper fraction will be 31.

The improper fraction is 31/4.

The score on a test are normally distributed with a Mean of 140 and a standard deviation of 28 find the score of that is one and a half standard deviation 140 standard deviation 28 score is one and a half standard deviation

Answers

The score that is one and a half standard deviation is 182.

The z score is used to determine by how many standard deviations the raw score is above or below the mean. It is given by:

\(z=\frac{x-\mu}{\sigma} \\\\where\ x\ is\ raw\ score, \mu\ is\ mean, \sigma\ is\ standard \ deviation\)

Given that:

μ = 140, σ = 28. For a z score of 1.5(one and a half):

\(1.5=\frac{x-140}{28} \\\\x-140=42\\\\x = 182\)

The score that is one and a half standard deviation is 182.

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a) 30 : 1, 2, 3, ___,10,15,30 20:1,2,4,- 20 Common Factors:​

Answers

Answer:

a)30-1,2,3,5,6,10,15,30

b)20-1,2,4,5,10,20

Step-by-step explanation:

please give me brainlest and follow me

Answer:

a) Common factors missing for 30 are 5 & 6

b) Common factors for 20:- 1, 2, 4, 5, 10, 20

Graph the following line
X=0

Answers

Answer:

the line runs that aligns with the y-intercept

Step-by-step explanation:

Graph the following line X=0

Solve for p.
-p - 1 = 5 - 9p + 10p

Solve for p.-p - 1 = 5 - 9p + 10p

Answers

Answer:

p= 1/3 or 0.33 repeating

Step-by-step explanation:

5-19p=-p-1

5=18p-1

6=18p

divide by 18

6/18 = 1/3 or 0.33 repeating

Answer:

-3

Step-by-step explanation:

First, isolate the like terms, and try to keep the variable positive:

Add p to both sides:

-1=5-9p+11p

Subtract 5 from both sides:

-6=-9p+11p

Combine like-terms:

-6=2p

Divide:

-3=p

I hope this helps! :D

Pls give thx and brainliest if I’m right!

Helpppp plssssss anyoneeeeee

Helpppp plssssss anyoneeeeee

Answers

Answer:

D. y=3x+4

This is the correct answer

does it look correct?

does it look correct?

Answers

For the third one last column it should be 8 is greater than 6 because you used the ones place
8 > 6

Answer:

on the third column it should be tens and not ones.good job so far tho!

The vertices of ABC are A(-2,4), B (-2,2), and C (-5,2). If ABC is reflected across the line y=1 to produce the image A”B”C find the coordinates of the vertex B’

Answers

The vertices of ∆ABC are A (-2,5), B(-2,4), and C(-5, 3). If ∆ABC is reflected across the line y=-2 to produce the image ∆A’B’C, find the coordinates of the vertex A’ if ∆ABC is reflected across the line x= -2.

what is 1/5 - 3/4
thank you for your answer
btw I am on edg ​

Answers

Answer:

-11/20 or -0.55

Step-by-step explanation:

1/5 = 4/20

3/4 = 15/20

4/20 - 15/20 = -11/20

Answer:

- 11/20

or

-0.55

Step-by-step explanation:

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Gina bought the small plastic boxes below. A rectangular prism with a length of 5 centimeters, width of 4 centimeters, and height of 7 centimeters.A rectangular prism with a length of 4 centimeters, width of 3 centimeters, and height of 10 centimeters. Which container requires more plastic to make, and how much more plastic is needed? The container on the right is made of 2 centimeters squared more plastic. The container on the left is made of 2 centimeters squared more plastic. The container on the right is made of 20 centimeters squared more plastic. The container on the left is made of 20 centimeters squared more plastic.

Answers

Answer:the answer is The container on the left is made of 2 centimeters squared more plastic.

Step-by-step explanation:

i took the test

The container on the right is made of 2 centimeters squared more plastic.

What is Surface Area?

The area of a three dimensional object on it's outer surface is called the surface area of the object.

Given two rectangular containers.

We have to find the surface area of both the containers.

Surface area of a rectangular prism = 2[(l × w) + (w × h) + (l × h)]

Here l, w and h are the length, width and height of the rectangular prism.

For the first rectangular prism,

Surface area = 2 [(5 × 4) + (4 × 7) + (5 × 7)] = 166 cm²

For the second rectangular prism,

Surface area = 2 [(4 × 3) + (3 × 10) + (4 × 10)] = 164 cm²

Hence the container on the right is made of 2 centimeters squared more plastic.

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Find all values of m for which the equation has two real solutions.
3x² + 7x- (m + 1) = 0



Find all values of m for which the equation has two real solutions.3x + 7x- (m + 1) = 0

Answers

X= -7+square root 61+12m/6

You owe your friend $16 after she paid for your dinner at a restaurant. What integer represents the amount you owe your friend?

Answers

Answer:

$16

Step-by-step explanation:

2. What's 2506² please help​

Answers

Answer:

6,280,036

This should be right.

Hi

2506² = 6.280.036

2506 × 2506 = 6.280.036

So answer: 6.280.036

I wish you success :)

Stefan sells Jin a bicycle for $137 and a helmet for $17. The total cost for Jin is 140% of what Stefan spent originally to buy the bike and helmet. How much did Stefan spend originally? How much money did he make bying the bicycle and helmet to Jin? Stefan originally spent $​

Answers

Answer:

Stefan originally spent $110.

Stefan made a profit of $44.

Step-by-step explanation:

Given that:

Stefan sold the bike and helmet for $137 and $17

Total amount = 137+17 = $154

This is 140% of the price Stefan originally paid.

Let,

x be the original price paid by Stefan

140% of x = $154

\(\frac{140}{100}x=154\\1.4x = 154\\\frac{1.4x}{1.4}=\frac{154}{1.4}\\x=110\)

Therefore,

Stefan originally paid $110 for the bicycle and helmet.

Profit made by Stefan = 154-110 = $44

Hence,

Stefan originally spent $110.

Stefan made a profit of $44.

Use inductive reasoning to predict the most probable next number in the list.
3, 9, -3, 3, -9, -3, -15, -9, -21, ?
Need Help

Answers

Answer: -27

Step-by-step explanation: Use inductive reasoning to predict the most probable next number in the list.

3, 9, -3, 3, -9, -3, -15, -9, -21, ?

We can start by looking at the differences between consecutive terms in the list:

9 - 3 = 6 -3 - 9 = -12 3 - (-3) = 6 -9 - 3 = -12 -3 - (-9) = 6 -15 - (-3) = -12 -9 - (-15) = 6 -21 - (-9) = -12

Notice that the differences alternate between positive 6 and negative 12. This suggests that the pattern involves adding 6, then subtracting 12, and then adding 6 again. Applying this pattern to the last term in the list (-21), we get:

-21 + 6 = -15 -15 - 12 = -27 -27 + 6 = -21

Therefore, we predict that the most probable next number in the list is -27.

A stalrcase handrall Is made from congruent parallelograms. In PORS, PO = 175, ST = 18, and m2
ORS = 110°. Find RS. Complete the explanation

A stalrcase handrall Is made from congruent parallelograms. In PORS, PO = 175, ST = 18, and m2ORS = 110.

Answers

Answer:

<SPQ = 110°

Step-by-step explanation:

<QRS = 110°

<SPQ = <QRS ( BEING OPPOSITE ANGLES OF PARALLELOGRAM)

<SPQ = 110°

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Is. She analyzes
st.
Martha graphs the data for the number of bracelets made, a, and the number of beads used,
y, and draws a line through the points.
Number of Beads Used
600
500
400
300
200
100
0
Bracelets Made
versus Beads Used
(31, 651)
(23, 483).
(10, 210)
5 10 15 20 25 30 35
Number of Bracelets Made
Write an equation that represents the relationship between the number of bracelets made
and the number of beads used. Show or explain how you found the slope and y-intercept.
Enter your equation and your work or explanation in the space provided.
You may use the drawing box to add a drawing to help explain your answer.
A
7
44

Exhibits
P

Answers

The equation for the relationship between the number of bracelets made and the number of beads is y = 21x.

First, the rate of change

= (483 - 210) / (23 - 10)

= 273 / 13

= 21

So, the equation for the relationship between the number of bracelets made and the number of beads used.

(y - 210) = 21 (x-  10)

y - 210 = 21x - 210

y = 21x

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There are 30 students in a class, including 16 boys. The ratio of girls to boys would be 7 over 8.

Answers

Answer:

i dont understand- theres 3 ways u can put them tho 7:8 , 7 to 8 , or 7/8

Step-by-step explanation:

Calculate the side lengths a and b to two decimal places

Calculate the side lengths a and b to two decimal places

Answers

Answer:

E

Step-by-step explanation:

using the Sine rule in Δ ABC

\(\frac{a}{sinA}\) = \(\frac{b}{sinB}\) = \(\frac{c}{sinC}\)

where a is the side opposite ∠ A , b opposite ∠ B , c opposite ∠ C

we require to calculate ∠ C

∠ C = 180° - (64 + 85)° = 180° - 149° = 31°

then to find a , using

\(\frac{a}{sinA}\) = \(\frac{c}{sinC}\)

\(\frac{a}{sin64}\) = \(\frac{9.3}{sin31}\) ( cross- multiply )

a × sin31° = 9.3 × sin64° ( divide both sides by sin31° )

a = \(\frac{9.3sin64}{sin31}\) ≈ 16.23 ( to 2 decimal places )

then to find b , using

\(\frac{b}{sinB}\) = \(\frac{c}{sinC}\)

\(\frac{b}{sin85}\) = \(\frac{9.3}{sin31}\) ( cross- multiply )

b × sin31° = 9.3 × sin85° ( divide both sides by sin31° )

b = \(\frac{9.3sin85}{sin31}\) ≈ 17.99 ( to 2 decimal places )

Question 2
No calculations are necessary to answer this question.
3/01
3/02
$1.7420 $1.7360
Date
July GBP Futures
Contract Price
O long; long
Based on the closing prices of July GBP Futures Contract over the 3-day period in March 20XX as shown above, you shou
position on 3/01 and a position on 3/02.
O long; short
O short; short
3/03
short; long
$1.7390

Answers

The given information does not provide any clear indication for determining the position that should be taken on 3/01 and 3/02. Without additional information, it is not possible to make a decision. The table only displays the closing prices of the July GBP Futures Contract on different days, and it is unclear what trading strategy or what scenario is being considered. Additional information about the goals and objectives, the market conditions, and other relevant factors would be necessary to make a decision about trading positions.

Solve for x. Round to the nearest tenth, if necessary.

Solve for x. Round to the nearest tenth, if necessary.

Answers

Using Trigonometry, the value of x in the right triangle is 17.1

Since we have a right angle triangle ; The angle L can be obtained thus ;

L = 180 - (90+67)

L = 23

Using Trigonometry:

Sin23° = opposite/ hypotenuse

Opposite= 6.7

hypotenuse= x

Sin23° = 6.7/x

x = 6.7/sin(23°)

x = 17.14

Therefore, the value of x to the nearest tenth is 17.1

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PLEASE HELP ME WITH QUESTIONS 2-3 IM GIVING 18 POINTS AWAY AND EXPLAIN YOUR ANSWER PLEASE

PLEASE HELP ME WITH QUESTIONS 2-3 IM GIVING 18 POINTS AWAY AND EXPLAIN YOUR ANSWER PLEASE

Answers

Answer:

2 is 45 feet and 3 is 15. The formula is bhw/2

Step-by-step explanation:

round 1980 to near hundred

Answers

answer :

2000

explanation :

When rounding to the nearest hundred, you need to use the following rules:

1 ) Round the number up to the nearest hundred if the last two digits in the number are 50 or above. The last two digits are "80" which is higher than 50, therefore you will round up, making 2000 your answer.

Using 50 random numbers given below, compute the mean and standard deviation. 0.937776 0.270012 0.243785 0.590701 0.824982 0.131805 0.879337 0.741998 0.254683 0.080259 0.419321 0.928220 0.958430 0.980182 0.263900 0.063119 0.762096 0.485612 0.662900 0.362242 0.724796 0.307736 0.305021 0.417052 0.054337 0.323357 0.069662 0.843387 0.353107 0.074262 0.735596 0.175095 0.390508 0.668932 0.029861 0.205228 0.387740 0.962169 0.646565 0.423914 0.754782 0.156719 0.773113 0.546335 0.323573 0.649740 0.214082 0.382383 0.383982 0.030539 Mean = (to 6 decimals) Standard deviation = (to 6 decimals)

Answers

The mean is 0.477514 (rounded to 6 decimal places).

The standard deviation is 0.288919 (rounded to 6 decimal places).

How to Solve the Problem?

To calculate the mean and standard deviation, we will use the following formulas:

Mean = (sum of all values) / (number of values)

Standard deviation = sqrt[(sum of (value - mean)^2) / (number of values)]

Using these formulas, we can calculate the mean and standard deviation for the given set of random numbers:

Mean = (0.937776 + 0.270012 + 0.243785 + 0.590701 + 0.824982 + 0.131805 + 0.879337 + 0.741998 + 0.254683 + 0.080259 + 0.419321 + 0.928220 + 0.958430 + 0.980182 + 0.263900 + 0.063119 + 0.762096 + 0.485612 + 0.662900 + 0.362242 + 0.724796 + 0.307736 + 0.305021 + 0.417052 + 0.054337 + 0.323357 + 0.069662 + 0.843387 + 0.353107 + 0.074262 + 0.735596 + 0.175095 + 0.390508 + 0.668932 + 0.029861 + 0.205228 + 0.387740 + 0.962169 + 0.646565 + 0.423914 + 0.754782 + 0.156719 + 0.773113 + 0.546335 + 0.323573 + 0.649740 + 0.214082 + 0.382383 + 0.383982 + 0.030539) / 50 = 0.477514

Therefore, the mean is 0.477514 (rounded to 6 decimal places).

Now we will calculate the standard deviation:

Standard deviation = sqrt[((0.937776 - 0.477514)^2 + (0.270012 - 0.477514)^2 + (0.243785 - 0.477514)^2 + ... + (0.382383 - 0.477514)^2 + (0.383982 - 0.477514)^2 + (0.030539 - 0.477514)^2) / 50] = 0.288919

Therefore, the standard deviation is 0.288919 (rounded to 6 decimal places).

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After she pays her bills each month, Lana has $300 left. Based on the graph below, which is the best estimate of how much she will spend on movies and eating out? $180 $75 $160 $200 $90 Discretionary Spending 16- to 22-Year-Olds Shopping for Pleasure 34% Hobbies 12% Eating Out 30% Movies 24%.

Answers

The best estimate of how much she will spend on movies and eating out is given as follows:

$162.

How to obtain the best estimate?

The best estimate of how much she will spend on movies and eating out is obtained applying the proportions in the context of the problem.

The percentages associated with movies and eating out are given as follows:

Eating out: 30%.Movies: 24%.

The amount that she has left is given as follows:

$300.

Hence the best estimate of how much she will spend on movies and eating out is obtained as follows:

(0.3 + 0.24) x 300 = 0.54 x 300 = $162.

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Suppose there is a 21.9% probability that a randomly selected person aged 20 years or older is a jogger. In addition, there is a 21.9% probability that a randomly selected person aged 20 years or older is female, given that he or she jogs. What is the probability that a randomly selected person aged 20 years or older is female and jogs? Would it be unusual to randomly select a person aged 20 years or older who is female and jogs?
The probability that a randomly selected person aged 35 years or older is female and jogs is Would it be unusual?
A. No
B. Yes

Answers

Answer:

The value \(P(F\ n \ J) = 0.05\)

The answer is No

Step-by-step explanation:

From the question we are told that

The probability a person is a jogger is \(P(J) = 21.9 \% = 0.219\)

The probability that a person is female given that she jogs is \(P(F|J) = 21.9 \% = 0.219\)

Generally the probability that a randomly selected person aged 20 years or older is female and jogs? Would it be unusual to randomly select a person aged 20 years or older who is female and jogs is mathematically represented as

\(P(F\ n \ J) = P(J)* P(F|J)\)

=>    \(P(F\ n \  J) = 0.219* 0.219\)

=>    \(P(F\ n \  J) = 0.05\)

Given that the probability is  equal to 0.05 then it is not unusual

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