emilos2775 emilos2775

02-01-2023
Mathematics

Answered

Michaela needs to borrow 4,500 to appliances, and has to pay back the loan after 2 years.one possible loan charges simple interest at a rate of 6.5% per year. another option charges annual compound interest at a rate of 6.1% per year.should she choose the loan with simple or compound interest, and how much less with she own with that loan?

Answer :

Other Questions

Saving a certain amount for future is a good habit. rameshis a student of class x and he inculcated the habit of saving.recently, ramesh have received a prize m

Your father said he had earned the money for this vacation through interest earned in an investment portfolio . he had 25,000 invested in two types of accounts

A quantity with an initial value of 8200 grows continuously at a rate of 0.55% per decade. what is the value of the quantity after 97 years, to the nearest hund

A rental car company charges $77. 25 per day to rent a car and $0. 12 for every mile driven. Owen wants to rent a car, knowing that: He plans to drive 175 miles

1 Faith has 14.4 kg of flour. She uses of it to make 16 cakes. With the remaining flour she made 24 muffins. How much more flour is needed to make a cake than a

A water trough is 10 m long and has a cross-section in the shape of an isosceles trapezoid that is 40 cm wide at the bottom, 100 cm wide at the top, and has hei

Workers employed in a large service industry have an average wage of $7.00 per hour with a standard deviation of $.50. the industry has 64 workers of a certain

10 miss jones owns a factory that makes pens. she has received an order for a large quantity of pens and she knows it she used 8 machines, it would take 72 hour

Rebecca has an old drafting table in her garage. She wants to give it to her nephew Devon as a graduation gift. She purchased product from Home Depot in order t

A class quiz has 4 multiple-choice questions and each question has 4 possible answers (a, b, c, or d). the correct answers are b, c, a, and a, in that order, an