Mathematics, 07.04.2021 22:50 19alexanderetha

4. In a discount loan the interest is paid up front. For example, a loan of $100 for one year with an APR of 8%
would result in interest of $8. Therefore, the amount of money you would receive is $92.
Stephen takes out a discount loan of $7500 for 3 years with an APR of 9%.
a.
How much interest does Stephen pay on the loan?
a.
What amount does Stephen receive?
I
Calculate the loans actual APR if it was a regular simple interest over time loan.
a

Answers: 2

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 16:50

The parabola x = y² - 9 opens: a.)up b.)down c.) right d.)left

Answers: 1

Answer

Mathematics, 21.06.2019 17:30

Determine the number of girls in a math class with 87 boys if there are 25 girls for every 75 boys

Answers: 2

Answer

Mathematics, 21.06.2019 19:00

Me asap on # : explain how factoring a trinomial, ax^2+ bx+ c, when a does not equal 1 different from factoring a trinomial when a = 1.

Answers: 2

Answer

Mathematics, 21.06.2019 20:30

Find the nonpermissible replacement for binthis expression.b2/5b +5

Answers: 1

Answer

You know the right answer?

4. In a discount loan the interest is paid up front. For example, a loan of $100 for one year with...

Questions

Business, 02.06.2020 23:01

A mercury manometer (\rhorho= 13,600 kg/m^3) is connected to an air duct to measure the pressure inside. The difference in the manometer levels is 30...

Biology, 02.06.2020 23:01

Match the term or phrase with the correct macromolecule. Note that a macromolecule may be used more than once or not at all. 1. Used as the prim...

Mathematics, 02.06.2020 23:01

The data below reflects the 1991-92 Reunion Class Giving of SUNY Albany alumni. Class Year 1922 1927 1932 Average Gift | Total Gi...

Business, 02.06.2020 23:01

Match each scenario with the source of monopoly market power. 1. Mary McFly invents a time machine and gets legal protection from competition....

Mathematics, 02.06.2020 23:01

Match the expression to its factored form. ...

Mathematics, 02.06.2020 23:01

The mean of a normally distributed dataset is 12, and the standard deviation is 2....

History, 02.06.2020 23:01

How does peru climate changes influence food choices...

Chemistry, 02.06.2020 23:01

What else is produced during the combustion of propane, C3Hg?C3Hg + 502 – 3C02 + 4

Chemistry, 02.06.2020 23:01

How many moles are in 3.4 x 10^20 molecules of CO2?...

Chemistry, 02.06.2020 23:01

Please help I don't understand ...

Mathematics, 02.06.2020 23:01

Consider a vat that at time t contains a volume V (t) of salt solution containing an amount Q(t) of salt, evenly distributed throughout the vat with a...

History, 02.06.2020 23:57

Why is Athens considered to be the world’s first democracy? A. All residents of Athens had equal political rights. B. Citizens elect...

Spanish, 02.06.2020 23:57

Search the Internet to find out more about the different ways in which people greet and take leave of each other in Spanish-speaking countries. Then,...

Mathematics, 02.06.2020 23:57

Which statement is true regarding the parallel and perpendicular lines in the diagram? Ok || n and w m Ok | nand n Im

English, 02.06.2020 23:57

Evaluating a video PSA what is the claim of the PSA...

History, 02.06.2020 23:57

The angle measurements in the diagram are represented by the following expressions. ZA= 6x - 35° ZB = 3x + 53° O B A

Law, 02.06.2020 23:57

In unit 3, we learned new ways to use our ears. How do the ears and voice work together?...

Arts, 02.06.2020 23:57

Colors of snow and ice - recede a)Cool Colors b)Analogous c)warm colors d)Monochromatic e)Complimentary...

Mathematics, 02.06.2020 23:57

What are the domain and range of the function f(x)= -sqrt(x)+3-2?...

Chemistry, 02.06.2020 23:57

In unit 3, we learned new ways to use our ears. How do the ears and voice work together?...

More questions: Mathematics Another questions