Mathematics, 11.12.2019 01:31 danielahchf

Hailey is considering taking out an 8-year loan with monthly payments of
$125 at an apr of 4.7%, compounded monthly, and this equates to a loan of
$9985.95. assuming that hailey's monthly payment and the apr of the loan
remain fixed, which of these is a correct statement?

a. if it were a 6-year loan, the amount of the loan that hailey isconsidering taking out would be more than $9985.95.

b. if it were a 10-year loan, the amount of the loan that hailey isconsidering taking out would be more than $9985.95.

c. if it were a 12-year loan, the amount of the loan that hailey is considering taking out would be less than $9985.95.

d. if it were a 14-year loan, the amount of the loan that hailey is considering taking out would be less than $9985.95.

Answers: 3

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 19:00

For the following geometric sequence, find the recursive formula. {-80, 20, -5, } i need : ')

Answers: 1

Answer

Mathematics, 21.06.2019 19:00

The figures below are made out of circles, semicircles, quarter circles, and a square. find the area and the perimeter of each figure and give your answers as a completely simplified exact value in terms of π (no approximations).

Answers: 1

Answer

Mathematics, 21.06.2019 19:20

Ab and bc form a right angle at point b. if a= (-3,-1) and b= (4,4) what is the equation of bc?

Answers: 1

Answer

Mathematics, 21.06.2019 20:10

Acolony contains 1500 bacteria. the population increases at a rate of 115% each hour. if x represents the number of hours elapsed, which function represents the scenario? f(x) = 1500(1.15)" f(x) = 1500(115) f(x) = 1500(2.15) f(x) = 1500(215)

Answers: 3

Answer

You know the right answer?

Hailey is considering taking out an 8-year loan with monthly payments of
$125 at an apr of 4.7...

Questions

Mathematics, 11.03.2021 07:40

If it takes Jake 5 minutes to do 1 3rd of a mile how much miles would he do in a hour ...

Mathematics, 11.03.2021 07:40

21 22 TIME REMAINING 01:47:36 The figure consists of a quarter circle and a parallelogram. What is the area of the composite figure...