subject
Mathematics, 21.10.2020 19:01 brsglover8355

Two customers took out bank loans. • Carl took out a 3-year loan for $20,000 and paid 5.00% interest compounded annually
• Steven took out a 5-year loan for $20,000 and paid 3.00% interest compounded annually
What is the difference between the amounts of interest Carl and Steve paid for their loans?
A)
$32.98
B)
$40.09
$52.91
D)
$86.94

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Hye ryung is the president of the local chapter of the american medical students association (amsa). she is organizing local outreach and informational meetings. at her first meeting there are five people present (including herself). every month after that her group grows by 5 people. a. how many members are in the group after 6 months? b. the logistics of hosting and feeding her group at meetings was more complicated than expected. the cost of feeding 5 people at her first meeting was $30, for 10 people it was $35, for 15 it was $45, and after 6 months all of the costs had added up to $100. write a function to model the cost with the number of people attending meetings. c. what connections can you make between the linear growth of the group’s membership and the increasing costs of running meetings?
Answers: 3
question
Mathematics, 21.06.2019 17:30
Hiroaki wants to find 3 3/4 - 7/8 explain why he must rename 3 3/4 to do the subtraction.
Answers: 3
question
Mathematics, 21.06.2019 19:00
Stefano accidentally dropped his sunglasses off the edge of a canyon as he was looking down. the height, h(t), in meters (as it relates to sea level), of the sunglasses after t seconds, is shown in the table. during its descent, the pair of sunglasses passed by a climber in the canyon 6 seconds after stefano dropped them. to the nearest meter, what is difference in elevation between stefano and the climber? 166 meters 176 meters 230 meters 240 meters its b.176 i took the test 166 is wrong and 176 is correct
Answers: 1
question
Mathematics, 21.06.2019 19:00
What is the expression in factored form? 3x^2 + 18x + 24 a. 3(x+2)(x+4) b. 3(x-2)(x+4) c. 3(x-2)(x-4) d. 3(x+2)(x-4)
Answers: 2
You know the right answer?
Two customers took out bank loans. • Carl took out a 3-year loan for $20,000 and paid 5.00% interes...
Questions
question
Mathematics, 28.10.2020 20:00
question
History, 28.10.2020 20:00
question
Mathematics, 28.10.2020 20:00
question
Mathematics, 28.10.2020 20:00
question
Mathematics, 28.10.2020 20:00
question
Biology, 28.10.2020 20:00
question
Biology, 28.10.2020 20:00
question
Biology, 28.10.2020 20:00
Questions on the website: 13722360