Henry takes out a $20,250 student loan to pay for college tuition this year. The interest rate he pays is 6% for 15 years. How much interest will he owe?

Answers

Answer 1

Answer:

$1215 x 15 = $18225 This is over 15 years.


Related Questions

Herman joins three of his friends at the movies. They decide to share a jumbo box of popcorn to save money. A jumbo box is twelve inches on all sides. What is the volume of a jumbo box of popcorn? ​

Answers

Answer:

$4.25

Step-by-step explanation:

Let price of drink be x

price of tub y

You have 4x+2y=32.5 (1) and

x = y -3.5                 (2)

Plug for x from (2) into (1):

4(y-3.5) + 2y = 32.5

4y -14 +2y = 32.5

6y = 14+32.5

y = (46.5)/6 = $7.75 the price of tub

x= y-3.5 = 7.75 - 3.5 = $4.25

The Slow Ball Challenge or The Fast Ball Challenge.

The Slow Ball Challenge: There will be 7 pitches, each at 60 mph. Diego estimates

that he will hit each individual pitch 80% of the time. If Diego can hit all 7 pitches, he

will win a total of $60; otherwise he will lose $10.

The Fast Ball Challenge: There will be 3 pitches, each at 90 mph. Diego estimates

that he will hit each individual pitch 70% of the time. If Diego can hit all 3 pitches, he

will win a total of $60; otherwise he will lose $10.

Which challenge should he choose?

Fast: 4.68

Slow: 4.68

Fast: 14.01

Slow: 14.01

G

Answers

Answer:

Fast ball challenge

Step-by-step explanation:

Given

Slow Ball Challenge

[tex]Pitches = 7[/tex]

[tex]P(Hit) = 80\%[/tex]

[tex]Win = \$60[/tex]

[tex]Lost = \$10[/tex]

Fast Ball Challenge

[tex]Pitches = 3[/tex]

[tex]P(Hit) = 70\%[/tex]

[tex]Win = \$60[/tex]

[tex]Lost = \$10[/tex]

Required

Which should he choose?

To do this, we simply calculate the expected earnings of both.

Considering the slow ball challenge

First, we calculate the binomial probability that he hits all 7 pitches

[tex]P(x) =^nC_x * p^x * (1 - p)^{n - x}[/tex]

Where

[tex]n = 7[/tex] --- pitches

[tex]x = 7[/tex] --- all hits

[tex]p = 80\% = 0.80[/tex] --- probability of hit

So, we have:

[tex]P(x) =^nC_x * p^x * (1 - p)^{n - x}[/tex]

[tex]P(7) =^7C_7 * 0.80^7 * (1 - 0.80)^{7 - 7}[/tex]

[tex]P(7) =1 * 0.80^7 * (1 - 0.80)^0[/tex]

[tex]P(7) =1 * 0.80^7 * 0.20^0[/tex]

Using a calculator:

[tex]P(7) =0.2097152[/tex] --- This is the probability that he wins

i.e.

[tex]P(Win) =0.2097152[/tex]

The probability that he lose is:

[tex]P(Lose) = 1 - P(Win)[/tex] ---- Complement rule

[tex]P(Lose) = 1 -0.2097152[/tex]

[tex]P(Lose) = 0.7902848[/tex]

The expected value is then calculated as:

[tex]Expected = P(Win) * Win + P(Lose) * Lose[/tex]

[tex]Expected = 0.2097152 * \$60 + 0.7902848 * \$10[/tex]

Using a calculator, we have:

[tex]Expected = \$20.48576[/tex]

Considering the fast ball challenge

First, we calculate the binomial probability that he hits all 3 pitches

[tex]P(x) =^nC_x * p^x * (1 - p)^{n - x}[/tex]

Where

[tex]n = 3[/tex] --- pitches

[tex]x = 3[/tex] --- all hits

[tex]p = 70\% = 0.70[/tex] --- probability of hit

So, we have:

[tex]P(3) =^3C_3 * 0.70^3 * (1 - 0.70)^{3 - 3}[/tex]

[tex]P(3) =1 * 0.70^3 * (1 - 0.70)^0[/tex]

[tex]P(3) =1 * 0.70^3 * 0.30^0[/tex]

Using a calculator:

[tex]P(3) =0.343[/tex] --- This is the probability that he wins

i.e.

[tex]P(Win) =0.343[/tex]

The probability that he lose is:

[tex]P(Lose) = 1 - P(Win)[/tex] ---- Complement rule

[tex]P(Lose) = 1 - 0.343[/tex]

[tex]P(Lose) = 0.657[/tex]

The expected value is then calculated as:

[tex]Expected = P(Win) * Win + P(Lose) * Lose[/tex]

[tex]Expected = 0.343 * \$60 + 0.657 * \$10[/tex]

Using a calculator, we have:

[tex]Expected = \$27.15[/tex]

So, we have:

[tex]Expected = \$20.48576[/tex] -- Slow ball

[tex]Expected = \$27.15[/tex] --- Fast ball

The expected earnings of the fast ball challenge is greater than that of the slow ball. Hence, he should choose the fast ball challenge.

3. Sohail needs to take a 4-day loan of $750 000 for his small business. How much interest will he need to pay if
interest is charged at 2.2% per year, simple interest?
a. $90.41
b. $542.47
d. $180.82
c. $361.64

Answers

Answer:

180.82

Step-by-step explanation:

750,000 x .022=16,500 per year

16,500/365 days =45.2055/day

45.2055 x 4 days = 180.82

solve this the link is down below

Answers

there is no link here

-4/9x-5/72x+1/8x= -56 please help me guys

Answers

Answer:

[tex]x=144[/tex]

Step-by-step explanation:

Therefore, [tex]x=144[/tex] should be your final answer.

help me brainlist !!!!!

Answers

Answer:

Every number will have a 0 or 5 in its ones place

Step-by-step explanation:

Answer:

D. Every number in the pattern will have a 0 or 5 in the ones place

Step-by-step explanation:

the next to numbers are 50,25 so all numbers have 0 in the ones place except for 25 which has a 5.

solve for the value of y

Answers

Answer:

y=8

Step-by-step explanation:

the sum of the three angles is 180

57 + 90 + 5y-7 = 180

5y + 140 = 180

5y = 40

y = 8

y = 8 i hope you do good !

Drag each amount to the correct location on the expression

Last month, the daily balance in Joana's credit card account was $1,000 for 9 days, $750 for 10 days, $850 for 4 days, and $900 for 7 days.

Complete the expression to find Joana's average daily balance.

750

1,000

900

30

850

90

) + 10(

) + 71

)

) + 4

( )

Answers

Answer:

Average daily balance ≈ $873

Step-by-step explanation:

We are told the balance were;

$1,000 for 9 days

$750 for 10 days

$850 for 4 days

$900 for 7 days

Thus;

Average = ΣFx/Σx

Where ΣFx = (1000 × 9) + (750 × 10) + (850 × 4) + (900 × 7)

ΣFx = $26,200

Σx = 9 + 10 + 4 + 7

Σx = 30

Thus;

Average daily balance = 26200/30

Average daily balance ≈ $873

Answer:

9(1,000) + 10(750) +4(850) + 7(900)

                          (30)

Step-by-step explanation:

The cost to rent a surfboard at the beach is $10.25 an hour plus an insurance fee of $25. Keith spent $55.75 when renting a surfboard on a recent trip to the beach. For how many hours did Keith rent the surfboard?

Answers

Answer: Keith spent 3 hours renting the surfboard.

Step-by-step explanation:

h=hour

10.25h+25=55.75

55.75-25= 30.75

30.75/10.25= 3

and if you want to check you can do

10.25(3)+25=

which would equal to 55.75

please help me please

Answers

Answer:

x= 21/16

Step-by-step explanation:

-3x+7--19x=28

-3x+19x=28-7

16×=21

×=21/16

does anybody know the answer??

Answers

no i don’t but i’d say the first one lol
Answer : C



Explanation: hwvhwkahwhskwo

Roediger and Karpicke (2006) investigated whether the test-enhanced learning effect (the demonstration that repeated testing improves memory for material) was due merely to repeated exposure to material. They randomly assigned participants to one of two study conditions (study-study or study-test) and to one of three retention interval conditions (final test at a delay of 5 minutes, 2 days, or 1 week). The dependent variable was the proportion of idea units recalled from an encyclopedia passage. How many cells does this study have

Answers

Answer:

6 cells

Step-by-step explanation:

2 by 3  between groups ANOVA will be performed where independent variables are 2 and dependent variables are 3.There are total 6 cells

                               Independent Var 1            Independent Var 2

Dependent Var 1           1*1                                        1*2

D. VAr 2                         2*1                                       2*2  

D. Var 3                           3*1                                   3*2

There are total six cells.

                                Study-Study                     Study-Test

5 minutes,                1*1                                        1*2

2 days,                    2*1                                       2*2  

 1 week                    3*1                                       3*2

may someone help me please and thank you, how do u find an equivalent fraction?? :)

Answers

Here are the ways that you can find an equivalent fraction:

Multiplying or dividing both top and bottom by the same amount. You only multiply or divide, never add or subtract, to get an equivalent fraction. Only divide when the top and bottom stay as whole numbers.

Answer:

You can make equivalent fractions by multiplying or dividing both top and bottom by the same amount. You only multiply or divide, never add or subtract, to get an equivalent fraction.

Step-by-step explanation:

6x^3 +8x^2 -4x = factor this problem

Answers

2x(3x^2+4x-2) should be the answer

A(n) _______ is a mapping that does not change the size of the original figure.
A. Isometry
B. Mapping
C. Image
D. Preimage

Answers

Answer:

A(n) isometry is a mapping that does not change the size of the original figure.

Answer:

Isometry

Step-by-step explanation:

Isometry is a mapping that does not change the size of the original figure.

Point F is on the line CD. Find the measure of angle CFE

Answers

Answer:

∠ CFE and ∠ DFE are adjacent angles and are supplementary, sum to 180°

∠ CFE + 152° = 180° ( subtract 152° from both sides )

∠ CFE = 28°

Step-by-step explanation:

Adjacent angles share the common side as well as a common vertex (corner point), and they do not overlap. If we decompose the term "adjacent angles".

Adjacent angles:

Its common side and vertex will be shared by the adjacent angles.If the total of two angles equals 180°, they are said to be supplementary angles.A linear pair is created when two additional angles are next to one another. 180° is equal to the sum of two adjacent supplementary angles.

We have,

∠ EFD = 152°

∠ CFE and ∠ DFE are adjacent angles and are supplementary, summing to 180°

⇒ ∠CFE + ∠EFD = 180° (Linear pair)

⇒ ∠CFE +152° = 180°

⇒ ∠CFE= 180°-152°

⇒ ∠CFE= 28°

Find out more about the adjacent angles here:

brainly.com/question/12838185

hi! please help i’ll give brainliest

Answers

Answer:

A because the river is fastest at that shore

Step-by-step explanation:

Pease help this is due sopn

Answers

Answer:

value of a=90-24=66

value of b=90+66=156

value of c,

c-18=24

c=24+18=42

help me figure out this question please

Answers

Answer:

A

Step-by-step explanation:

Radius = 3.25

Base = πr² = π(3.25)²

Height = 12

Volume = Bh = π(3.25)²(12)

a circle is drawn in a coordinate plane centered at (8,15) and a radius of 3 units.

Answers

Answer:

(x - 8)² + (y - 15)² = 9

Step-by-step explanation:

Assuming you want the equation.

The equation of a circle in standard form is

(x - h)² + (y - k)² = r²

where (h, k) are the coordinates of the centre and r is the radius

Here (h, k ) = (8, 15 ) and r = 3 , then

(x - 8)² + (y - 15)² = 9

1. If it takes 56 square inches of paper to wrap a label around a can of soup that is 7 inches tall, how far
is it around the can?
A.6 inches
inches
B. 10 inches
C. 8 inches
D. 9 inches

Answers

Answer:

c 8 inches

Step-by-step explanation:

Which of the following is not a Pythagorean triple?
O A. (5, 12, 13)
O B. (6, 8, 10)
O C. (9, 12, 15)
O D. (4,6,7)

Answers

Option D is correct, the  pair (4,6,7) is not a Pythagorean triple

The Pythagorean theorem states that in a right triangle, the square of the length of the hypotenuse is equal to the sum of the squares of the lengths of the other two sides.

A Pythagorean triple is a set of three positive integers a, b, and c that satisfy this theorem (a² + b² = c²).

Checking each of the given options, we have:

A. (5, 12, 13):

5² + 12² = 25 + 144 = 169 = 13². This is a Pythagorean triple.

B. (6, 8, 10):

6² + 8² = 36 + 64 = 100 = 10². This is also a Pythagorean triple.

C. (9, 12, 15):

9² + 12² = 81 + 144 = 225 = 15². This is a Pythagorean triple.

D. (4, 6, 7):

4² + 6² = 16 + 36 = 52 ≠ 7². This is not a Pythagorean triple.

To learn more on trigonometry click:

https://brainly.com/question/25122835

#SPJ1

#3 Find the r and the surface area

Answers

Answer:

r will be half of your diameter so 11 divided by 2 = 5.5 is your new radius.

To find surface area we use the basic formula:

4πr^2

4 x 3.14 x 30.25(radius squared, 5.5 x 5.5 = 30.25) = 379.94 ft^2 is your surface area

Help pls guy I love you that was along time it since I just want to review

Answers

a. 6890m = 6.89km
b. 29.4cm = 294mm
c. 7400ml = 7.4 litres
d. 7.6ha = 76000m^2
e. 85cm^2 = 8500mm^2
f. 3.2cm^3 = 3200mm^3

WILL MARK BRAINLIEST

Let Events A and B be described as follows:

P(A) = doing yard work
P(B) = it raining

The probability that it will rain this weekend is 68% The probability of doing yard work this weekend and it raining is15%. If the probability of doing yard work is 53%, are doing yard work and it raining independent?

Answers

When applied to each other they are dependent

how can you use the structure of a two way frequency table to complete it

Answers

Send more information

MAth problem
Need help asap please

Answers

Answer:

m 2 = 33 degrees

m 4 = 24.555

Step-by-step explanation:

3/33 = (2) 5 - 1

35.44329 - 5 (4) = 3.8

3.8 I thinkkk I got it righttt

3(m - n + 2) + 6 - m​

Answers

Step-by-step explanation:

Someone plz help me

Answers

Answer:

If you are finding the volume the answer is (3x4)x4

Step-by-step explanation:

Formula for the volume of a rectangular prism is length times width times height

Choose the best selection for the
quadrilateral with vertices at the
following points:
(0,0), (0,3), (4,0), (4,3)

Answers

Answer: rectangle not sure tho

Step-by-step explanation:

Answer:

Step-by-step explanation:

i chose B:square, i out in the points and that what shape came up. srry if im wrong

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