subject
Mathematics, 20.03.2020 22:51 Justadumbemo

A 20-year loan of 1000 is repaid with payments at the end of each year. Each of the first ten payments equals 150% of the amount of interest due. Each of the last ten payments is X. The lender charges interest at an annual effective rate of 10%. Calculate X.

(A) 32
(B) 57
(C) 70
(D) 97
(E) 117

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
Which ordered pair is a solution to the system of linear equations? 2x + 3y= 6 –3x + 5y = 10
Answers: 1
question
Mathematics, 21.06.2019 20:00
You have 138.72 in your saving account u take out 45.23 and 18.00 you deposit 75.85 into your account
Answers: 1
question
Mathematics, 21.06.2019 23:00
The table below shows the function f. determine the value of f(3) that will lead to an average rate of change of 19 over the interval [3, 5]. a. 32 b. -32 c. 25 d. -25
Answers: 2
question
Mathematics, 22.06.2019 01:00
Pleasse me i need an answer. give me the correct answer. answer if you know it ! the club will base its decision about whether to increase the budget for the indoor rock climbing facility on the analysis of its usage. the decision to increase the budget will depend on whether members are using the indoor facility at least two times a week. use the best measure of center for both data sets to determine whether the club should increase the budget. assume there are four weeks in a month. if you think the data is inconclusive, explain why.
Answers: 3
You know the right answer?
A 20-year loan of 1000 is repaid with payments at the end of each year. Each of the first ten paymen...
Questions
question
Mathematics, 15.04.2021 06:10
question
Mathematics, 15.04.2021 06:20
question
Mathematics, 15.04.2021 06:20
Questions on the website: 13722362