Mathematics, 02.03.2020 06:09 koryn4880

PRACTISING
5. Perry's bank has approved a personal loan of $14 000 at 7.5%.
compounded quarterly, so that Perry can pave his driveway. Perry
wants to repay the loan at the end of 4 years, with a single payment
a) How much will Perry need to pay?
b) For each situation below, predict whether Perry would end up
paying more or less than the amount in part a). Explain your
prediction. Then verify your prediction by calculating how much
more or less.
i) He took twice the time to repay the loan.
ii) He paid off the loan in half the time.

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 18:10, normahernandez977

Find the solution set of this inequality. enter your answer in interval notation using grouping symbols. |8x-4| ≤ 12

Answers: 1

continue

Mathematics, 21.06.2019 18:20, nehaljay1883

The first-serve percentage of a tennis player in a match is normally distributed with a standard deviation of 4.3%. if a sample of 15 random matches of the player is taken, the mean first-serve percentage is found to be 26.4%. what is the margin of error of the sample mean? a. 0.086% b. 0.533% c. 1.11% d. 2.22%

Answers: 1

continue

Mathematics, 21.06.2019 21:30, amp1955

50 plz, given the system of equations, match the following items. x + 3 y = 5 x - 3 y = -1 a) x-determinant b) y-determinant c) system determinant match the following to the pictures below.

Answers: 2

continue

Mathematics, 21.06.2019 23:00, kedjenpierrelouis

Qrst is a parallelogram. determine the measure of ∠q pls

Answers: 2

continue

You know the right answer?

PRACTISING
5. Perry's bank has approved a personal loan of $14 000 at 7.5%.
compounded q...