Rich is attending a 4-year college. As a freshman, he was approved for a 10-year, federal unsubsidized student loan in the amount of $7,900 at 4.29%. He knows he has the option of beginning repayment of the loan in 4.5 years. He also knows that during this non-payment time, interest will accrue at 4.29%.
How much interest will Rich accrue during the 4.5-year non-payment period?

Answers

Answer 1

Rich has to pay an interest of $1525.10  during the 4.5 year non payment period.

In the question

it is given that the Amount of loan taken by Rich = $7900

non payment time period = 4.5years

Interest charged during the non payment time = 4.29%

Interest charge for the first year = 4.29% of 7900

= 0.0429 * 7900                       ...(as 4.29% = 0.0429)

= 338.91

So , the interest charge for first non payment year = $338.91

to find the interest for 4.5 years , multiply the first year interest by 4.5.

So the interest charge for 4.5 years = 4.5*338.91

=1525.095

≅1525.10

Therefore , Rich has to pay an interest of $1525.10  during the 4.5 year non payment period.

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Related Questions

A circle passes through the points (3, 2) and (7, 2) and has radius 2√2. Find the two possible equations for this circle.

Answers

Answer:

(x-5)²+y² = 8(x-5)²+(y-4)² = 8

Step-by-step explanation:

radius, r = 2√2

let the center be A(a, b):

The distance from the center to any of the 2 points is r.

So for (7, 2):

it satisfies the equation:

(x-a)²+(y-b)² = r²

Substituting x and y:

(7-a)²+(2-b)² = (2√2)²

squaring both sides:

(7-a)² + (2-b)² = 8

a² +b² - 14a -4b + 49+ 4= 8

a² +b² - 14a -4b + 45= 0        (Eqn 1)

For (3, 2):

it also satisfies the equation:

(x-a)²+(y-b)² = r²

Substituting x and y:

(3-a)²+(2-b)² = (2√2)²

squaring both sides:

(3-a)² + (2-b)² = 8

a² +b² - 6a -4b + 9+ 4= 8

a² +b² - 6a -4b + 5= 0        (Eqn 2)

We can now proceed by elimination:

(Eqn 2) - (Eqn 1):

(a² +b² - 6a -4b + 5) - (a² +b² - 14a -4b + 45) = 0

- 6a - -14a+ 5  - 45 = 0

8a - 40 = 0

8a = 40

a = 40/8

a = 5

Putting a back into (Eqn 2):

a² +b² - 6a -4b + 5= 0

5² +b² - 6(5) -4b + 5= 0

25 +b² - 30 -4b + 5= 0

b² -4b = 0

b(b -4) = 0

Values of b:

b = 0 and b = 4

POSSIBLE EQUATIONS OF CIRCLE:

Since we have 2 values of b, we have 2 possible centers:

(5, 0) and (5, 4)

Putting the centers into the standard equation of the circle above, we obtain:

(x-5)²+y² = 8 and(x-5)²+(y-4)² = 8

PLEASE VOTE AS BRAINLIEST.

BLAISE M.

whats 78,563 divided by 98
Ty for whoever helps me <3

Answers

Answer:

801.66

Step-by-step explanation:

calculator

Answer:

801.6632653061

Step-by-step explanation:

.......

lol this again really need answers

lol this again really need answers

Answers

Answer:

the middle one

Step-by-step explanation:

y/x

and so 6/8 = y/16

Find the length of arc XW. Round your answer to the nearest hundredth.

Answers

Answer:

15.08 m

Step-by-step explanation:

The angle XZW :

XZW + 108° = 180°

XZW = 180° - 108°

XZW = 72°

Length of an arc = θ / 360 * πd

d = diameter = XV = 24

Length of arc XW = (72/360) * π * 24

Length of arc XW = 15.0796

Length of XW = 15.08 m

Find the length of arc XW. Round your answer to the nearest hundredth.

Answer:

15.08

Step-by-step explanation:

Eka mixes 7 6 7 pints of grape juice and 3 1 5 pints of cranberry juice to make punch for a party. She has 5 pints of punch left at the end of the party. Estimate how much punch Eka served at the party by rounding mixed numbers to the nearest whole number. Eka served about pints of punch at the party.

Answers

Answer:

Eka served about 1,047 pints of punch at the party

Step-by-step explanation:

Total pints of grape and cranberry juices mixed = 767 + 315 = 1052 pints

Number of pints left over = 5 pints

Number of pints served = (Number of pints mixed) - (Number left over)

Number of pints served = 1052 - 5 = 1,047 pints

Eka served about 1,047 pints of punch at the party

April took out a $600 loan from the bank. At the end of 5 years, she pays back the principal, plus $60 simple interest.
What was the interest rate?

Answers

Answer:

April took out a loan of $600 and paid it back with simple interest of $60 after 5 years. The formula to calculate interest is  given the principal  and the time   and the interest rate  is . For this problem we have to find the interest rate   given  . To archive that , we can just solve the equation making the interest rate the subject of the formula as shown below,

The interest rate is  or 0.02 as a decimal. The interest rate is 2% as a percentage.

Step-by-step explanation:

Answer:

2%

Step-by-step explanation:

Is 1 3/23 a rational number

Answers

Answer:

Yes

Step-by-step explanation:

In mathematics rational means "ratio like." so a rational number is one that can be written as the ratio of two integers. 1 3/23 can be converted into 26/23, which is a ratio, therefore, 1 3/23 is a rational number.

Hope this helps!

woof chow dog food company believes that it has a market share of 25 percent. it surveys n100 dog owners and ask whether or not woof chow is their regular brand of dog​ food, and 23 people say yes. based upon this​ information, what is the value of the test​ statistic? round to three decimal places.

Answers

The value of the test​ statistic is - 0.462.

A standard deviation (or) would be a way of measuring of how widely distributed the data has been in relation towards the mean. A low standard deviation indicates that data is grouped around the mean, whereas a high standard deviation indicates that data is more spread out.

The null hypothesis is:

H0 = 0.25

The alternate hypothesis is:

H1 does not equal to 0.25,

the general formula for standard deviation is :-

σ=√1N∑Ni=1(Xi−μ)2 σ = 1 N ∑ i = 1 N ( X i − μ ) 2.

Our test statistic is:

t = (x- u) /s

In which X is the sample mean,  u is the population mean(the null hypothesis),   s is the standard deviation of the sample.

According to question,

x = 23/100

x = 0.23

u = 25/100

u= 0.25

s= √(0.25 * 0.75)/100

s = 0.0433

so for the value of t,

standard deviation = (x - u)/t

so , t=  (x- u) /s

t = (0.23 - 0.25)/0.0433

t = - 0.462

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-8^5-1408x-512x^3+104x^4+640+1216x^2

Answers

104x^4-512x^3+1216^2-1408x-32128


I didn’t feel like typing all my work, so basically all you have to do is combine like terms. I hope this helped!

how many dekameters is 4500 centimeters

Answers

Answer:

4.5

Step-by-step explanation:

one decameter is equal to 1000 centimeters 4500/100= 4.5

a subway car passes 4 stations every 10 minutes. at this rate, how many stations will it pass in 2 hours?

Answers

The subway car passes through 48 stations in 2hours

It is given that a subway car passes 4 stations every 10 mins.

Subway car is being referred to the metro system of New York city

It is known to us that an hour has 60 mins

We are given that subway car passes 4 stations every 10 mins

Therefore number of stations passed by subway car in 1 hour

= 60/10 x 4 = 24 stations

We are required to find the number of stations crossed by subway car in 2 hours

Therefore, number of stations crossed by subway car in 2 hours= 24 x 2

= 48  stations

Therefore, the subway car passes 48 stations in 2 hours

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Which of the following equations has the same solutions as x^2+8x+2=0

Answers

Answer:

See below

Step-by-step explanation:

Need the choices.....

     essentially,  you can multiply this equation  by any constant to get an equivalent equation with the same solutions.

x^2 + 8x + 2 = 0      multiply both sides by '3' to get

3x^2 + 24 x + 6 = 0     <===== this will have the same solutions

    or this one:

x^2 + 8x + 2  = 0            Multiply both sides by   '6' to get

6x^2 + 48x + 12 = 0      <===== this will have the same solutions also

etc....


The base price of a new car is $24,789. The option for the sports package is $2529. Estimate the price of the car with the
sports package ?

Answers

Answer:

27318 dollars

Step-by-step explanation:

add 24,789 to 2529 to get 27,318

The mean per capita income is 21,604 dollars per annum with a standard deviation of 727 dollars per annum.


What is the probability that the sample mean would be less than 21635 dollars if a sample of 193 persons is randomly selected? Round your answer to four decimal places

Answers

The probability that the sample mean would be less than 21635 dollars if a sample of 193 persons is randomly selected is 65.53%.

This can be calculated using the normal distribution. The mean of the normal distribution is the population means, which in this case is 21,604 dollars per annum. The standard deviation is 727 dollars per annum. Using this information, we can calculate the z-score of 21635 dollars per annum by subtracting the population mean from it and dividing it by the standard deviation. This gives us a z-score of 0.42.

21635-21329/727=0.42

Using a z-table, we can calculate the probability of the sample means being less than 21635 dollars to be 0.6553.

This can also be written as 65.53%. This means that there is a 65.53% probability that the sample mean of 193 persons randomly selected would be less than 21635 dollars per annum.

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Find the value of x please

Find the value of x please

Answers

Answer:

x=70

Step-by-step explanation:

The value of x is 70 because this triangle is isosceles, meaning that there are two congruent sides and two congruent angles (which are the base angles). x is one of the base angles, 70º is the other base angle's measurement, so x=70.

a10=4(2)^10-1

How to solve that equation?

Answers

Answer:

  2048

Step-by-step explanation:

You want the value of a10 = 4(2^(10 -1)).

Evaluation

If you don't have powers of 2 memorized, you can put this expression into your calculator or spreadsheet to get it evaluated. You will need parentheses around the exponent.

  4(2^(10-1)) = 4(2^9) = 4(512) = 2048

The value of the expression is 2048.

__

Additional comment

This looks like an instance of the equation for the n-th term of a geometric sequence:

  an = a1·r^(n -1)

where a1 = 4, r = 2, and n = 10.

This is why we have assumed that the "-1" is part of the exponent, and that you simply want the value of the right-side expression.

If this equation means something else, then it needs to be written differently. For example, if a10 means 'a' to the 10th power, it needs to be written as a^10, and we need to be told we're solving for 'a'.

<95141404393>

a10=4(2)^10-1 How to solve that equation?

g (1) = type your answer.
g (-12)= type your answer

g (1) = type your answer.g (-12)= type your answer

Answers

The numeric values of the graphed function are given as follows:

g(1) = 4.g(-12) = -10.

How to obtain the numeric values from the graph of a function?

To obtain the numeric values of a function from its graph, you can use the following steps:

Determine the x-value of the point on the graph where you want to find the corresponding y-value.Locate the point on the y-axis that corresponds to the x-value you found in step 1.Read the y-value off the y-axis at the point you located in step 2. This is the numeric value of the function at the x-value you found in step 1.

When x = 1, the point with a closed circle is at y = 4, hence the numeric value is given as follows:

g(1) = 4.

When x = -12, we have that y = -10, hence the numeric value is given as follows:

g(-12) = -10.

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Point A' is a dilation of point A. Find the scale factor: A (18, 9) A' (6, 3)

Answers

Given:

Point A'(6,3) is a dilation of point A(18,9).

To find:

The scale factor.

Solution:

We know that, if a point P is dilated by factor k and origin is the center of dilation, then

\(P(x,y)\to P'(kx,ky)\)

Let the scale factor for the given problem be k. So,

\(A(18,9)\to A'(18k,9k)\)

On comparing A'(18k,9k) and A'(6,3), we get

\(18k=6\text{ and }9k=3\)

\(k=\dfrac{6}{18}\text{ and }k=\dfrac{3}{9}\)

\(k=\dfrac{1}{3}\text{ and }k=\dfrac{1}{3}\)

Therefore, the scale factor is \(\dfrac{1}{3}\).

Whats the inverse to f(x)=6x-19

Answers

Answer: x=6y−5 x = 6 y - 5.

Step-by-step explanation:

I answered this math question edge.

Find the value if f(x) = -3x - 8 and g(x) = x2 + 3. Find the value g(-5) =​

Answers

Step-by-step explanation:

g(x) = x² + 3

g(-5) = (-5)² + 3

g(-5) = 25 + 3

g(-5) = 28

On July 1 this year, Basic Bass Company sold a delivery truck that it no longer needed. Basic bought the truck 4 years ago, on January 1, for $28,000. Basic estimated that it had a 5-year useful life and a $3,000 residual value, and properly recorded 4 full years of straight-line depreciation on the truck. Basic Bass should record ______ in depreciation expense in the truck's final year.

Answers

In the final year of the truck's useful life, Basic Bass Company should record a depreciation expense of $5,000.

To calculate the depreciation expense in the truck's final year, we need to determine the annual depreciation amount. The formula for straight-line depreciation is:

Annual Depreciation = (Initial Cost - Residual Value) / Useful Life

In this case, the initial cost of the truck is $28,000, the residual value is $3,000, and the useful life is 5 years. Therefore, the annual depreciation is:

Annual Depreciation = ($28,000 - $3,000) / 5 = $5,000

Since Basic Bass Company has already recorded 4 full years of straight-line depreciation, the remaining depreciation expense for the truck's final year is equal to the annual depreciation amount:

Depreciation Expense in Final Year = Annual Depreciation = $5,000

Therefore, Basic Bass Company should record $5,000 in depreciation expense in the truck's final year.

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Teena's calculator is broken and does not have key 9 that works! With this broken calculator she found out the value of (-35) x 99. Explain your reasoning carefully and clearly

Answers

Answer:

(-35) * (100 - 1)

Step-by-step explanation:

She was able to find the value of (-35) * 99 without using the missing 9 button on her calculator.

The easiest way to do this is to replace 99 with another set of numbers that has the same value as 99.

(100 - 1) has the same value as 99. So, Teena can replace 99 with (100 - 1):

(-35) * (100 - 1)

It will yield the desired result.

help please i been stuck for 2 hours........... the triangle above is a right-angled isosceles triangle. what would the measurement of x have to be, given that the hypotenuse is 8cm and legs a and b have the same length? please explain your answer

help please i been stuck for 2 hours........... the triangle above is a right-angled isosceles triangle.

Answers

Answer:

4√2 or 5.66

Step-by-step explanation:

x² + x² = 8²

=> 2x² = 64

=> x² = 32

=> x = √32 = 4√2 or 5.66

0.00000007834= blank ×10^2 in scientific notation ​

Answers

Answer:

7.834 × 10^-8

Step-by-step explanation:

= 7.834 × 10^-8

(scientific notation)

= 7.834e-8

(scientific e notation)

= 78.34 × 10^-9

(engineering notation)

(billionth; prefix nano- (n))

= 0.00000007834

(real number)

^ means the number after is exponent.

25POINTS!!!

In ΔFGH, h = 7.1 cm, f = 6.7 cm and ∠G=103°. Find the length of g, to the nearest 10th of a centimeter.

Answers

Answer:

10.8 cm

Step-by-step explanation:

Using cosine law

g² = 7.1² + 6.7² - 2(7.1)(6.7)cos(103)

g² = 116.7018433

g = 10.80286274

Answer:

10.8

Step-by-step explanation:

deltamath

Which angles are adjacent angles?

Which angles are adjacent angles?

Answers

Answer:

<stv and <stq

Step-by-step explanation:

adjacent angles have the same vertex and are side by side.

NEED ANSWER ASAP!!!!!!!!
Find the slope from the following points:
(-4,2) (1,8)


-3/6
5/6
6/-3
6/5

Answers

8-2/1-(-4)=6/5. the correct answer is 6/5.

At a store, Susan selected a pumpkin that weighed 35. 2 ounces. • Pumpkins cost $1. 80 per pound. • There are 16 ounces in 1 pound. How much did Susan's pumpkin cost? Express the answer as dollars. Cents

Answers

Susan's cost of 35.2 ounces (that is, 2.2 pounds) pumpkin is   $3.96.

At a store, Susan selected a pumpkin that weighed 35.2 ounces.

We know that one pound consists of sixteen (16) ounces by methods of conversion.

That is, 16 ounces = 1 pound

⇒ 1 ounce = 1/16 pound

⇒ 35.2 ounces = (35.2)(1/16) pound = 2.2 pounds

Thus, Susan selected a pumpkin that weighed 2.2 pounds.

The cost of per pound of pumpkin is  $1. 80.

That is in simple words, one pound of pumpkin costs  $1. 80.

Therefore cost of 2.2 pounds of pumpkin is =  ${(1. 80)(2.2)} =  $3.96

Thus, the cost of 35.2 ounces of pumpkin Susan paid is  $3.96.

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for each of the following, show that the differential form is not exact, but becomes exact when multiplied through by the given integrating factor

Answers

To determine if a differential form is exact, we need to check if its partial derivatives satisfy the condition of equality. If the differential form is not exact, we can multiply it by an integrating factor to make it exact.

Given a differential form of the form M(x, y)dx + N(x, y)dy, we can determine if it is exact by checking if ∂M/∂y = ∂N/∂x. If this condition is not satisfied, the differential form is not exact. However, we can multiply the differential form by an integrating factor to make it exact.

By multiplying the original differential form by an integrating factor, which is usually a function of either x or y, the resulting form will have equal partial derivatives, satisfying the condition for exactness. The integrating factor effectively "corrects" the form and makes it exact.

By finding the appropriate integrating factor and multiplying it with the given differential form, we can transform it into an exact form. This process is a fundamental technique in solving certain types of differential equations and allows us to find solutions that would otherwise be challenging to obtain.

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Type the correct answer in the box. the volume of clay used to build a cylindrical pillar with a height of 9 centimeters is 324π cubic centimeters. the area of the base of the pillar is π square centimeters.

Answers

Answer:

113.04

Step-by-step explanation:

Given:V = 324 cu

cmh = 9 cm

Since the formula for the volume of a cylinder is V = AreaBase*heightAreaBase = V/height = 324cu cm/ 9 cmAreaBase = 113.04 square centimetresTherefore, the area of the pillar in square centimeters is 113.04

The base area of the cylindrical pillar would be; 113.04 cm²

What is the Volume of a cylinder?

The volume of the cylinder is the product of the height, pie, and square of the radius.

v = πr²h

where, r = radius, h = height

Therefore,

v = 324π cm³

h = 9cm

Consider find the radius;

324π = 9πr²

r² = 324π  /9π

r² = 36

r = √36

r = 6 cm

Base area of the pillar = πr²

Base area of the pillar = 36π

Base area of the pillar = 36 × 3.14

Base area of the pillar is 113.04 cm²

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Wright a paragraph to explain how and why different ideologies were developed in reaction to classical liberalism and the era of laissez-faire capitalism? Levi determined that y=2 is NOT a linear function because it does not take the form y=mx+b.How would you explain why Levi's reasoning is incorrect? What is the distance between 1/3 to 1 for fractions on number line Pamela has an allo allo prepaid per minute price plan.What would she pay for a 5min 23seconds call to an M-tel cellphone como puedo calcular el 30% de 500 How did the free enterprise system develop in colonial America? PLESE HELP! Often when you buy something, you pay a percent of the price as a tax.Suppose you pay a 7% tax on an item. What percent of the price of the itemwill you pay? identify some of the metaphors that are being used in the cave scene with aeneas and dido. Please help me![One Step Inequalities] plzzzzzzzzzzz what is the square root of 8 BCtronics Corp. issued 12 year bonds 2 years ago with a coupon rate of 9.2%. The bonds make semiannual payments and have a $1,000 par value. If these bonds currently sell for 104% of par value, what is the YTM Solve the initial value problem. t1 dy 510 = 7 siny, y(2) = dt 4. The solution is (Type an implicit solution. Type an equation using t and y as the variables.) the credibility of a speaker before he or she starts to speak is called derived credibility. T/F? Which property is used in the following problem? (8 x 4) x 5 = 8 x (4 x 5) Q1 To remove filterOption1: Click the Filter option of the Sort & Filter button in the Editing group on the HOMEOption2: Click the Filter option in the Sort & Filter group on the DATA tab.Option3: Both 1 and 2Option4: Pres DELETE The best interest requirements apply toA. The sale of annuityB. The recommendation to purchase an annuityC. Replacement annuity salesD. All of the above glucokinase (hexokinase iv) differs from hexokinase (hexokinase i): a) by having a higher affinity for glucose and not being inhibited by high levels of glucose. b) by requiring larger concentrations of glucose before reaching maximal activity. c) to allow the liver to export free glucose to the bloodstream when blood sugar levels drop. d) so that the liver does not compete with other tissues for glucose when glucose levels are high. e) to allow the pancreas to trigger insulin release when blood sugar levels are low. The profit P, in millions, of Company A is given by the equation P=7.5x +17, where x is the number of years in business. The profit P, in millions, of Company B is given by the equation P=4.1x +12. Write a polynomial equation to give the "difference" in profit D after x years. 5) I think that the problem Henry has raised is a major for our society today. 5. Athletic training occurs when you work your body the same as you normally do True or false