As an incoming college freshman, Tina received a 10-year $9,900 Federal Direct
Unsubsidized Loan with an interest rate of 4.29%. She knows that she can begin making
loan payments 6 months after graduation but interest will accrue from the moment the funds
are credited to his account. How much interest will accrue while she is still in school and
over the 6-month grace period for this freshman year loan?

Answers

Answer 1

The amount charged on the loan which is the loan interest rate, increases as the time after the initial amount is credited into the account increases.

The interest on the Federal Direct Unsubsidized Loan after 4 years 6 months is $1,911.195

Reasons:

The given parameter are;

Loan amount, the principal, P = $9,900

Duration of the loan = 10 years

Loan interest rate, R = 4.29%

Required:

The amount of interest that will accrue while she is still in school and over the 6-months grace period for the freshman loan.

Solution:

Based on a similar question on an online source, we have;

Interest, I = P × R × T

Where;

T = The time = The time the freshman is in school + 6 months

Therefore, normally, we have;

T = 4 years + 6 months = 4.5 years

R = 4.29% = 0.0429

Therefore;

Interest, I = 9,900 × 0.0429 × 4.5 = 1911.195

The interest that will accrue while she is still in school and over the 6-months grace period for the loan, I = $1,911.195

Learn more about the interest rate here:

https://brainly.com/question/1368015


Related Questions

What is the slope of the following line?

Answers

The slope of the line is 1/-2

You only have to rise one time, then go over to the left two times in order to get to another point.

On a coordinate plane, a parabola opens up. It goes through (negative 8, negative 2), has a vertex at (negative 5, negative 6.5), goes through (negative 2, negative 2), and has a y-intercept at (0, 6).
Over which interval is the graph of f(x) = one-halfx2 + 5x + 6 increasing?

(–6.5, ∞)
(–5, ∞)
(–∞, –5)
(–∞, –6.5)

Answers

Answer:

The top one

Step-by-step explanation:

Hope it helps

Find the value of 3a^2+2b, If a=3 and b = 4.

An explanation would be great.

Answers

Answer:

=35

Step-by-step explanation:

3(3) ^2 + 2(4)

= 3(9) + 8

= 35

Where you see a, substitute with 3 and where you see b, substitute with 4

Just follow the steps above.

[tex]\\ \sf\Rrightarrow 3a^2+2b[/tex]

[tex]\\ \sf\Rrightarrow 3(3)^2+2(4)[/tex]

[tex]\\ \sf\Rrightarrow 3(9)+8[/tex]

[tex]\\ \sf\Rrightarrow 27+8[/tex]

[tex]\\ \sf\Rrightarrow 35[/tex]

Estimate a 15% tip on a dinner bill of $32.43 by first rounding the bill amount to the nearest ten dollars.

Answers

Answer:

Estimate Tip =  $4.50

Step-by-step explanation:

The bill to the nearest $10  is $30.00 :  ( $ 30 ($32.43) $40, it is nearer to $30

Estimate Tip = Bill rounded to the nearest $10  ×  Tip %

Estimate Tip = $30 × 15%

Estimate Tip = $30 × .15                  (15% change to a decimal is .15)

Estimate Tip = $4.50

PLEASE FILL IN BLANK I WILL MARK AS BRAINLIEST

Let f(2)=32 and g(x) = ID.
Use the composition of functions to determine if f(x) and g(2) are inverse functions.
Drag and drop the answers into the boxes to correctly complete each statement.
f(g(x)) =
()
9(f(x))
) =
The function f(x)
the inverse of g(x)

Answers

Answer:

[tex]\sqrt[3]{x}[/tex]

[tex]x^3[/tex]

is

Step-by-step explanation:

The function f(x) is graphed below. Determine whether the degree of the function is
even or odd and whether the function itself is even or odd.

Answers

it’s is even bc it doesn’t go through the origin

Answer:

even

Step-by-step explanation:

Commercial agents earn 5% of the cost of each product they sell. If an agent earns
S2000 for selling a product, what was the cost of the product?

Answers

Based on the information the cost of the product is $40,000.

Given:

Percentage earn=5% or 0.05

Amount earned=$2,000

Let x represent the cost of the product

Hence:

Formulate

.05x = $2000  

Divide both sides by .05

x=$2,000/.05

x=$40,000

Inconclusion  the cost of the product is $40,000.

Learn more about cost here:https://brainly.com/question/824281

Solve for t. 3t - 18 = 4(-3-3/4t). t=

Answers

Answer:T=1

Step-by-step explanation:

Answer:

t = 1

Step-by-step explanation:

Yao bought 3 feet of blue ribbon and
24 inches of red ribbon. The ribbon costs
$2.00 per foot. What is the total cost of
the ribbon?

Answers

Answer:

It would've costed $8 to buy these ribbons.

Step-by-step explanation:

Given:

3 feet of blue ribbon = 36 inches of blue ribbons2 feet of red ribbon = 24 inches of red ribbons\1 foot of ribbon = $2

(3 + 2) x 2 = Total cost

=> (5) x 2

= $10

Therefore, it would've costed $10 to buy these ribbons.

Hoped this helped.

NO LINKS PLEASE. 18 POINTS! WHAT IS THE ANSWER TO 5 and 6 IN THE SCREENSHOT? PLEASE HURRY! P.S. BRAINLIEST

Answers

Answer:

#5 -1.75, 2.5, -0.2

#6 3 1/2, 2 1/4, -1/2

Step-by-step explanation:

Well when the opposite they mean if the number is positive it becomes negative, and if is negative it becomes positive. very simple happy to help :)

Tina needs 36 flowers for her next project. The flowers are sold in bunches
of 5.How many bunches will she need?

Answers

She will need at least 8 bunches

3. * + 6 = 10 (1 point)
5
044
30
O20
0-20

Answers

Step-by-step explanation:

I think its b.30 but I'm not sure

Write the equation through (2,5) parallel to the line through (8,0) and (0,8)

Answers

Answer:

y = -x + 7

Step-by-step explanation:

As we move from (8, 0) to (0, 8), we see x decreasing by 8 ('rise') and y increasing by 8 ('run').  Thus, the slope of this line is m = rise/run = 8/(-8) = -1.

Starting from y = mx + b and substituting 8 for x, 0 for y and -1 for m, we get:

0 = -1(8) + b, or b = 8

Then the equation of the line through the two given points is y = -x + 8.  Any line parallel to this one has the same slope:  m = -1.

Repeat the above work to find the y-intercept of the line parallel to y = -x + 8  that goes through (2, 5):

5 = -2 + b, or b = 7

Then the desired line (final answer) is y = -x + 7

pls pls pls help!! will mark brainliest

Answers

The last one y>-4


I hope this right

how do u find the order of operations of 8×3+70÷7-7 ​

Answers

24 + 10 - 7 = 34 - 7 = 27

Plzzzz help mee plzzzzz plzzzzz

Answers

Answer:

1. B

2. Seven Hundred thousand nine hundred and four

Step-by-step explanation:

One oval weighs how much

Answers

Answer:

5.5

Step-by-step explanation:

11 divided by 2 is 5.5

What is the solution for -10 < x - 9?
x > -19
x < -1
x < -19
x > -1

Answers

Answer:

x > - 1

Step-by-step explanation:

- 10 < x - 9 ( add 9 to both sides )

- 1 < x , therefore

x > - 1

Answer:

x > -1

Step-by-step explanation:

why:

-10  < x-9         for exemple 2< 3

x-9  > -10                 3 > 2      

just add 9 to both sides

x-9 +9 > -10 +9

x > -1

meth2

x-9  > -10  

x > -10 +9       left  to right

x> -1

Help me ;-;

Find (2)(‐3)

Answers

-6
Would be your answer

Rachel baked a pie with an area of 94.985 square inches. She gave away a slice of pie with an area of 13.56 square inches. Find the central angle measure of the slice. Numerical answer round to the nearest degree.

Answers

It is 103.68 degrees :)

HELP PLEASE!! What are the answers, say the answers to the blanks and if you can please try to explain it please i failed algebra 3 times and i really need help

Answers

Answer:

step: 4(x-24x)to the power of 2 = 3-7 or -4

Step-by-step explanation:

solution: solve it

would love to have a second opinion, this is what i got.

Solve for percent change: On Monday, Cynthia raised $75 for her charity.
On Tuesday, Cynthia raised $95 for her charity. What is the approximate
percent change? *

Answers

Let p = percent change

p = (new amount)/(original amount) • 100

p = (95 - 75)/75 • 100

p = 20/75 • 100

p = 26.666667

p = 26.6%

Done.

What is 3/7 + 4/18 estimated

Answers

Answer:

41/63

Step-by-step explanation:

41/63 can't be simplified

Answer:

3/7+4/18=41/63

Step-by-step explanation:

3/7=3x18/7x18=53/126

4/18=4x7/18x7=28/126

54/126+28)126=54+28/126=82/126

82/126

simplify

41/63

Hi this is algebra math. It’s been a while since I’ve been on this app but I need some help on if the problem graphed the slope right or wrong.

Answers

The graph is wrong, the slope is correct but because the sign is less than y that means the line on the graph should be dotted not solid.

A bag of 12 oranges weighs 4 1/2 pounds, if the oranges are about the same size, how many pounds does each orange weigh





25 POINTS

Answers

0.385

Take the weight of the bag and divide it by the number of oranges in the bag (12) which is:

4.5 / 12 = 0.385

Each orange weighs 0.385 pounds.

Your answer would be 7 7/8 pounds


.hope this helps!

what does it mean when the will says tomorrow it's ashes will be scattered to the four winds in the westing game

Answers

Answer:

In the document, Westing names the sixteen heirs present as his “nieces and nephews” and says that tomorrow his ashes “will be scattered to the four winds.” He then asserts that his life has been taken by one of his heirs, and he promises that the heir who finds something will receive the inheritance

Step-by-step explanation:

 

Westing names the sixteen heirs present as his “nieces and nephews” and says that tomorrow his ashes “will be scattered to the four winds.” He then asserts that his life has been taken by one of his heirs, and he promises that the heir who finds something will receive the inheritance.

What are the main events in The Westing Game?

The main events in the Westing Game include moving into Sunset Towers, the Halloween dare, the reading of Samuel Westing's will, and the pairing of teams. Finally, the solving of clues and ultimately solving the puzzle.

Who Wins The Westing Game?

Several years after that, Turtle stays with Sandy/Westing (as Eastman) while he really dies. She finally wins the prize and goes to play chess with her niece Alice.

Learn more about the Westing Game here: brainly.com/question/16545687

#SPJ2

find the zeros of the function f(x) = (x+3)^2-4=0

Answers

Answer:

[tex]x=-1[/tex] and [tex]x=-5[/tex]

Step-by-step explanation:

[tex]f(x)=(x+3)^2-4[/tex]

[tex]0=(x+3)^2-4[/tex]

[tex]0=(x^2+6x+9)-4[/tex]

[tex]0=x^2+6x+5[/tex]

[tex]0=(x+1)(x+5)[/tex]

[tex]x=-1[/tex] and [tex]x=-5[/tex]

Answer:

[tex]x=-1,\:x=-5[/tex]

Step-by-step explanation:

Solve the equation:

[tex]f(x)=\left(x+3\right)^2-4=0[/tex]

[tex]\left(x+3\right)^2-4=0[/tex]

[tex]\mathrm{Add\:}4\mathrm{\:to\:both\:sides}[/tex]

[tex]\left(x+3\right)^2-4+4=0+4[/tex]

[tex]\left(x+3\right)^2=4[/tex]

[tex]x+3=\sqrt{4}:x=-1[/tex]

[tex]x+3=\sqrt{2^2}[/tex]

[tex]x+3=2[/tex]

[tex]x+3-3=2-3[/tex]

[tex]x=-1[/tex]

[tex]x+3=-\sqrt{4}:x=-5[/tex]

[tex]x+3=-\sqrt{4}[/tex]

[tex]x+3=-2[/tex]

[tex]x+3-3=-2-3[/tex]

[tex]x=-5[/tex]

Now, look at the points plotted on the graph:

are these equations equal ?

1. 5x^2 + 15 and 5 (x^2 + 3 )

2. 3y^2 + 6x^2 and 3 (y^2 + 2x^2)

Answers

yes.

explanation:
for the first one, you can factor out a 5 leaving you the same answer as the other one
and for the second one, you can factor out a 3, leaving you the same answer

hope it helps!

(-8, -7); y = - 3x + 2
write an equation for The Line in slope Intercept form

Answers

Answer:

y=-3x^2+2x+201

Step-by-step explanation:

How many solutions does this equation have?

–2b − 9 = –b

Answers

Answer:

b= -3

b=3/2=1.500

Step-by-step explanation:

step 1 . b • (2b + 3) -  9  = 0

Step-2 : Find two factors of  -18  whose sum equals the coefficient of the middle term, which is   3 .

     -18    +    1    =    -17  

     -9    +    2    =    -7  

     -6    +    3    =    -3  

     -3    +    6    =    3

Step-3 : Rewrite the polynomial splitting the middle term using the two factors found in step 2 above,  -3  and  6  

                    2b2 - 3b + 6b - 9

Step-4 : Add up the first 2 terms, pulling out like factors :

                   b • (2b-3)

             Add up the last 2 terms, pulling out common factors :

                   3 • (2b-3)

Step-5 : Add up the four terms of step 4 :

                   (b+3)  •  (2b-3)

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