Devin owes $26,000 in students loans for college. The interest rate is 8.75% and the loan will be paid off over 15 years. How much will Devin pay altogether?

Answers

Answer 1

Using simple interest, it is found that Devin will pay $60,125 altogether.

The amount paid in simple interest is:

[tex]A = P(1 + rt)[/tex]

In which:

P is the principal.r is the interest rate, as a decimal.t is the time, in years.

In this problem:

Owes $26,000 in student loans, thus [tex]P = 26000[/tex]Interest rate of 8.75%, thus [tex]r = 0.0875[/tex]Paid off in 15 years, thus [tex]t = 15[/tex].

The amount he will pay is of:

[tex]A = P(1 + rt)[/tex]

[tex]A = 26000[1 + 0.0875(15)][/tex]

[tex]A = 60125[/tex]

Devin will pay $60,125 altogether.

A similar problem is given at https://brainly.com/question/13176347


Related Questions

A triangle is shown on the graph:

A coordinate plane is shown. A triangle has vertices at negative 6 comma 2, negative 5 comma 5, negative 2 comma 2.
What effect will a 90-degree clockwise rotation have on the triangle? Be sure to address how it could impact the angles, side lengths, and any congruency between the original pre-image and the image.

Answers

9514 1404 393

Answer:

  the image is congruent with the original, angles and lengths are unchanged

Step-by-step explanation:

Translation, rotation, and reflection are known as "rigid transformations". Effectively, you can cut the figure from some rigid material, and move it according to any of these transformations without causing it to deform in any way.

All lengths and angles retain their measures when the figure is rotated about any point, through any angle. The rotated figure is congruent with the original.

__

Here, the triangle is defined in the second quadrant. Rotating it 90° clockwise will move it to the first quadrant. The transformation of coordinates is ...

  (x, y) ⇒ (y, -x)

HELP ME OUT PLEASE

The following table shows the amount of money his friend Car earns for different numbers of hours worked. ​

Answers

Do 45 divided by 3 and you will get the answer.

What is h in h/7.5 = 3.2

Answers

Answer:

24

Step-by-step explanation:

Answer:

24 is the answers for the question

Step-by-step explanation:

please mark me as brainlest

1
_ x + 9 for x=3 .............................................
2

Answers

Answer:

10.5

Step-by-step explanation:

[tex] \frac{1}{2} \times 3 + 9 \\ 1.5 + 9 \\ 10.5[/tex]

[tex]\\ \tt\Rrightarrow 1/2x+9[/tex]

x=3

[tex]\\ \tt\Rrightarrow x/2+9[/tex]

[tex]\\ \tt\Rrightarrow 3/2+9[/tex]

[tex]\\ \tt\Rrightarrow 3+18/2[/tex]

[tex]\\ \tt\Rrightarrow 21/2[/tex]

[tex]\\ \tt\Rrightarrow 10.5[/tex]

James Joins Club One Which charges A Monthly membership of $19.99 How Much will James Spend In all, if he continues his membership for 6 months.

Answers

It is 119.94 for a six month membership

Answer:

$119.94

Step-by-step explanation:

If James pays $19.99 for 1 month then it would be $119.94 for 6 months, its technically just $19.99×6months

how is the radius and area of a circle proportional

Answers

Answer:

The factor '2 pi' is simply the constant of proportionality between C and R. So the area of a circle is proportional to R2 and pi is the constant of proportionality between the area and the radius of a circle.

Answer: The relationship between the area of a circle and the radius of the circle can be stated as follows: The area of a circle is proportional to the square of the radius.   Written in symbolic notation: A = R 2 RELATIONSHIP 5.1 Area = x (radius) squared OR A = R 2

Step-by-step explanation:

which expression is equivalent to 2 (3g-4)-(8g+3)​

Answers

Answer:

-2g-11

Step-by-step explanation:

=6g-8-8g-3=-2g-11

You have 10 blue shirts and r red shirts.
What expression shows your total number of shirts?

Answers

S = 10 + r. Please give me a brainliest if you found this helpful:)

A salesman earned of sale of 10,500 and his commission rate is 5%.what is the commission of the salesman?

Answers

Answer:

$525

Step-by-step explanation:

To find the commision of the salesman, multiply the (commission rate over 100) by the sale amount.

Commission rate: 5%, so 5/100 = 0.05

then, 0.05*10500 = $525

Alejandra currently has a balance of $2,254 in her checking account. She deposits a $873.84 paycheck, a $25 rebate check, and a personal check for $358 into her checking account. She wants to receive $350 in cash. How much will she have in her account after the transaction?

Answers

Answer:

$3160.84

Step-by-step explanation:

2254 + 873.84 + 25 + 358 = 3510.84

3510.84 - 350 = 3160.84

Identify the domain
of the following function.
PLS HELP

Answers

C because it's just listing the x column, domain means input/x

Select Correct or Incorrect for each equation.
Equation
Correct
Incorrect
-1=-1
-141 =-1
o
W

Answers

Answer:

-141 = -1 W

Step-by-step explanation:

At the close of one business day, TNT stock was trading at $40 per share. At the close of the next business day, the stock was trading at $43 per shape. Find the percent of the increase

Answers

Answer: 7.5% increase by the end of the day.

Step-by-step explanation:

new - original = #

# / original = decimal

decimal x 100 = percent.

five times x equals one

Answers

Answer:

x=0.2

Step-by-step explanation:

1 / 5 = 0.2

therefore

5 x 0.2 = 1

Choose the number sentence that illustrates the distributive property of multiplication over additional

Answers

Answer: A

Step-by-step explanation:

It distributed into 5x 4 and 5 x 9. Lemme get brainliest

Answer:

A

Step-by-step explanation:

pwease help i also giving another brainliest

Answers

Answer:

9.45 (Jill)

Step-by-step explanation:

2.7 x 3.5 = 9.45

Lisa put the decimal in the wrong spot.

7. You earn $7.80 an hour working as a dog sitter. You work 12.5 hours
during the weekend. How much money do you makely
7.8
PLEASE SHOW THE WORK

Answers

Answer:

la app es la mejor gracias

Step-by-step explanation:

kzemwmqoqlwmlzosmiw k wlwlqmwnqlqnqnnqnw b ww wnqkq n1 11nn1n1k1k1kwnwmwnwy7juhhhjuyyhhhhhyujhhhyjyyyyyynwnqkwnbu. u u. ininikwmwmw

como se redondea un número a la unidad​

Answers

Redondear un número decimal a las unidades
Para redondear un número a la unidad tenemos que fijarnos en la primera cifra después de la coma. Si esta cifra es menor que 5 (1, 2, 3, 4) no debemos hacer nada, pero si esa cifra es 5 o mayor (5, 6, 7, 8, 9) debemos sumar una unidad al número.

can anyone help me with this quickly please :)

Answers

To find the y-value that matches with the x-value, we will need to plug in the x-value and simplify the expression.

f(-2) = sqrt(-2 + 2) - 6

f(-2) = sqrt(0) - 6

f(-2) = -6

f(-1) = sqrt( -1 + 2) - 6

f(-1) = sqrt(1) - 6

f(-1) = 1 - 6

f(-1) = -5

f(2) = sqrt(2 + 2) - 6

f(2) = sqrt(4) - 6

f(2) = 2 - 6

f(2) = -4

f(7) = sqrt(7 + 2) - 6

f(7) = sqrt(9) - 6

f(7) = 3 - 6

f(7) = -3

Hope this helps!! :)

Find the value of x and then length of each diagonal.

AC = 8x - 4
BD = 6x + 10

Answers

8x-4=6x+10
2x-4=10
2x=14
x=7

AC = 8(7)-4
AC = 52
BD = 6(7)+10
BD= 52

A rocket is launched from a tower. The height of the rocket, y in feet, is related to the
time after launch, x in seconds, by the given equation. Using this equation, find the
time that the rocket will hit the ground, to the nearest 100th of second.
y = -16x2 + 130x + 140

Answers

Answer:

10.17 seconds

Step-by-step explanation:

substitute y=0 into the equation

0=-16x²+153x+98

then use the quadratic formula

a = -16

b= 153

c = 98

Substituting values into the Quadratic equation, you get (Round the values to the nearest hundreth):

x₁= 10.17

x₂= -0.60

I really need help getting these answers please​

Answers

Answer:

[tex]f(x) = \frac{5}{2} x + \frac{21}{2} \\ f(x) = 2 \\ f(x) = - \frac{3}{2} x + 4[/tex]

7. John is going on a trip to Brazil. He has 3 pairs of pants, with colors blue, black and green. He
has 6 shirts with colors red, white, yellow, purple, green and brown. If he has a pair of brown
shoes, black shoes and a pair of sneakers, how many different combination of pants, shirts and
foot wear can he wear while on vacation? Show your work.

Answers

Answer:

54

Step-by-step explanation:

3(pants)x6(shirts)x3(shoes)=54

You roll a six-sided die. Find the probability of each of the following scenarios
(a) Rolling a 6 or a number greater than 3
(b) Rolling a number less than 5 or an even number
(c) Rolling a 4 or an odd number
---
(a) P(6 or number > 3) = 0.500 (Round to three decimal places as needed)
(b) P(1 or 2 or 3 or 4 or 6) =
(Round to three decimal places as needed.)

Answers

Answer:

a) [tex]1/2[/tex]

b) [tex]5/6[/tex]

c) [tex]2/3[/tex]

Step-by-step explanation:

a)

Rolling a number greater than 3 means you can roll a 4, 5, or 6, which contains rolling a 6. So, the probability is [tex](1+1+1)/6=3/6=\boxed{1/2}[/tex]

b)

Rolling a number less than 5 means you can roll a 1, 2, 3, or 4, but because you could also roll an even number, so you could also roll a 6.

So, the probability is [tex](1+1+1+1+1)/6=\boxed{5/6}[/tex]

c)

Rolling a 4 or an odd number means you can roll a 1, 3, 5, or 4. So, the probability is [tex](1+1+1+1)/6=4/6=\boxed{2/3}[/tex]

From start to finish, a machine can fill a bottle of water, seal it, label it, and pack it in 8.6 seconds. About how many bottles of water are packed in 480 seconds? pls answer due today.

Answers

you divide 480 by 8.6 i think

Abigail is trying to rent a boat while on vacation. She has two options to choose from.



Bruce's Boats: $22.50 per hour plus a one time fee of $85


Peter's Pontoons: $65.00 per hour


After how many hours, will Bruce's Boats, and Peter's Pontoons charge the same amount?

A.130
B.2
C.3
D.85
ANSWER QUICK

Answers

Step-by-step explanation:

D bruce's boats: $22.50

I will give BRAINEST

If l| m, find the values of x and y in the diagram below

Answers

Answer: x= 13, y=24

Step-by-step explanation:

7x - 31 + 63 + 5x - 8 = 180 (sum of co-interior angles)

Solving this we get x = 13

4y + 27 + 5x - 8 = 180 (sum of co-interior angles)

Replacing x=13 and solving, we get y = 24

The value of x is 7 and y is 31.5.

What is Transversal line?

Transversal line is a line that is formed by cutting two or more parallel lines.

Here there are two transversal lines which cut two parallel lines.

If two parallel lines are cut by a transversal line, then the interior angles on the same side of the transversal will be supplementary.

The angles of measures (7x - 31)° and (5x - 8)° + 63 are two interior angles  on the same side of transversal and are thus supplementary.

(7x - 31)° + (5x - 8)° + 63 = 180°

7x + 5x - 31 - 8 + 63 = 180

12x + 24 = 180

12x = 180 - 24

12x = 156

x = 156/12 = 13

Similarly, (5x - 8)° and (4y + 27)° are a pair of interior angles on the same side of transversal.

(5x - 8)° + (4y + 27)° = 180°

5x + 4y + 19 = 180

(5 × 13) + 4y + 19 = 180

65 + 4y + 19 = 180

4y = 96

y = 24

Hence the values of x and y are 13 and 24 respectively.

To learn more about Transversal lines, click :

https://brainly.com/question/28983284

#SPJ2

the present value of an annuity of 3000 for 15 years at 4.5 % per annum CI is

Answers

Answer:

3000 for 15 years at 4.5% p.a CI is. Rs. 23809.41.

Sara started her homework at 5:30pm and finished it at 6:15pm.how much time did she take to finished her homework

Answers

Answer:

she took 45 mins on homework.

Answer:

45 min hope you get it right

Homer and Marge had
dinner at the Main Street
Café. Their bill was
$35.28. If they tip their
waitress 15%, how much
of a tip will they leave?

Answers

Answer:

$5.29

Step-by-step explanation:

The tip was 15% U take that 15% and divide it by 100

whatever the answer was multiply it by a $35.28

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