Mathematics, 16.12.2019 06:31 bigwaYne
"determine the quarterly payment on a 3 year loan of $13,010 at 5.6% compounded quarterly. round you answer to the nearest cent." (not to sure what it means by compounded quarterly)
a.
$1,183.23
c.
$1,185.34
b.
$1,517.95
d.
$11,832.23
Answers: 2
![\bf \qquad \qquad \textit{Amortized Loan Value} \\\\ pymt=P\left[ \cfrac{\frac{r}{n}}{1-\left( 1+ \frac{r}{n}\right)^{-nt}} \right] \\\\\\ \qquad \begin{cases} P= \begin{array}{llll} \textit{original amount}\\ \end{array}\to & \begin{array}{llll} 1,310 \end{array}\\ pymt=\textit{periodic payments}\\ r=rate\to 5.6\%\to \frac{5.6}{100}\to &0.056\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{quarterly, 4 times} \end{array}\to &4\\ t=years\to &3 \end{cases}](/tpl/images/0420/3783/dbb69.png)
Another question on Mathematics
Mathematics, 21.06.2019 17:40
The graph of h(x)= |x-10| +6 is shown. on which interval is this graph increasing
Answers: 2
Mathematics, 21.06.2019 19:30
Asurvey of 2,000 doctors showed that an average of 3 out of 5 doctors use brand x aspirin.how many doctors use brand x aspirin
Answers: 1
Mathematics, 21.06.2019 21:30
Zack notices that segment nm and segment pq are congruent in the image below: which step could him determine if δnmo ≅δpqr by sas? (5 points) segment mo ≅ segment qr segment on ≅ segment qp ∠n ≅ ∠r ∠o ≅ ∠q
Answers: 3
Mathematics, 21.06.2019 23:00
What is the location of point g, which partitions the directed line segment from d to f into a 5: 4 ratio? –1 0 2 3
Answers: 1
You know the right answer?
"determine the quarterly payment on a 3 year loan of $13,010 at 5.6% compounded quarterly. round you...
Questions
Mathematics, 16.10.2020 09:01
English, 16.10.2020 09:01
Mathematics, 16.10.2020 09:01
Advanced Placement (AP), 16.10.2020 09:01
English, 16.10.2020 09:01
Mathematics, 16.10.2020 09:01
Mathematics, 16.10.2020 09:01
Mathematics, 16.10.2020 09:01
