Miles and Nick each separately apply for and receive loans worth $5,000 apiece. Miles has a very good credit score, so his loan has an APR of 7.75%, compounded monthly. Nick's credit score is rather low, so his loan has an APR of 13.10% interest, compounded monthly. If both of them repay their loans over a four year period, making equal monthly payments based on their own loan, how much more will Nick have paid than Miles? (Round all dollar values to the nearest cent.)

A

Step-by-step explanation:

b

step-by-step explanation:

the total is 23.97. 0.25% is off so you have to subtracting 25% from 100% and you will get 75% if you convert it to decimal you will get 0.75. you have to find the original because the formula is % times original = total.so you have the total and the % so you just have to plug it in.

a) one student is chosen from classroom a, then a student is chosen from classroom b.  

step-by-step explanation:

independent events are ones in which the probability of one event does not affect the probability of the second event.

one student is chosen from classroom a; this does not affect the chances of choosing a student from classroom b.   this makes these independent events.

when one card is chosen from a standard deck and then set aside before a second card is chosen, the probability of the second card being chosen changes.   this makes them dependent events.

when one student is chosen from classroom a and then a second student is chosen from classroom a, the probability of choosing the second student changes.   this makes them dependent events.

when a letter is chosen from the alphabet and then a second letter is chosen, the probability of choosing the second letter changes.   this makes them dependent events.