subject
Mathematics, 18.01.2022 14:00 lexie2751

Javier took out a loan for $2700 at 12% interest, compounded annually. If he makes yearly payments of $320, will he ever pay off the loan?
A. Yes, because $320 is greater than the amount of interest he is
charged per year
O B. Yes, because $320 is less than the amount of interest he is
charged per year
C. No, because $320 is greater than the amount of interest he is
charged per year
D. No, because $320 is less than the amount of interest he is
charged per year

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:30
Solve the system of equations. y= 2x y= x^2 - 15
Answers: 1
question
Mathematics, 21.06.2019 16:10
A) if $50000 is invested in a bank account that pays 9.3% of interest compounded on a six-monthly basis, how much money will be in the account after 3 and 12 years? b) if matusalen's father had put $2.0 in the bank when he was born and there, how long would matusalen have had to his death (969 years later) if the interest was 7% per year composed each month and weekly?
Answers: 1
question
Mathematics, 21.06.2019 17:00
Ben is three times as old as samantha, who is two years older than half of michel's age. if michel is 12. how old is ben?
Answers: 1
question
Mathematics, 21.06.2019 21:30
Data from 2005 for various age groups show that for each $100 increase in the median weekly income for whites, the median weekly income of blacks increases by $105. also, for workers of ages 25 to 54 the median weekly income for whites was $676 and for blacks was $527. (a) let w represent the median weekly income for whites and b the median weekly income for blacks, and write the equation of the line that gives b as a linear function of w. b = (b) when the median weekly income for whites is $760, what does the equation in (a) predict for the median weekly income for blacks?
Answers: 2
You know the right answer?
Javier took out a loan for $2700 at 12% interest, compounded annually. If he makes yearly payments...
Questions
question
Mathematics, 12.09.2019 06:10
question
Mathematics, 12.09.2019 06:10
question
English, 12.09.2019 06:10
question
Mathematics, 12.09.2019 06:10
Questions on the website: 13722359