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

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.

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

Someone plz help me giving brainliest!

Answers

Answer:

the estimate is : 39 7/32

the answer is :   46  9/35

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

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
...................

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

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

Hiiioo can someone please help me with this ❤️❤️❤️

Answers

The answer is the third one 5/6

Also can I get brainliest plz

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

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

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

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

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

What are two components of a sample space

Answers

i’m so sure, i’m sorry to :((

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.

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.

Find the missing side

Answers

Answer:

8

Step-by-step explanation:

13 - 5 = 8

cuál es la raíz cuadrada de 160?

Answers

Se trata de 12.6. Espero que esto haya ayudado!

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

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°

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 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

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

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!!

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.

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!

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.

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

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.

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