William gets a student loan to pay for his college tuition. He borrowed $2,500 for 10 years at an interest rate of
8%. How much will William pay in interest on this loan?

Answers

Answer 1

Answer:

2897.31

Step-by-step explanation:

I'm going to assume two things

The interest rate is compoudning annually

There is only one payment (at the end of the 10 years)

To find the amount of interest paid on this loan we first need to calculate the future value (or accumulated value)

FV=PV(1+i)^n

Plug in our numbers

2500(1+.08)^10

Run this through a calcuatlor and get 5,397.31

This is the future value and the question is asking for the interest paid which is just the FV-PV

Which means we have

5,397.31-2500

our answer is 2897.31

Answer 2
Answer:


2897.31

Explanation:

Related Questions

Stewie is going to build a table and a picture frame for his living room. He decides he needs the materials shown in the table. Calculate the number of feet of lumber Stewie will need to purchase.

Answers

31.83 is your answer

10.5 ft of 1 3/4
14 ft of 3 1/2
4 ft of 2
3.33 ft of 20in

Estimate 79% of 82 show work

Answers

Answer:96.34%

Solution for 79 is what percent of 82:

79: 82*100 =

(79*100): 82 =

7900: 82 = 96.34%

Answer:

64.72

79 percent *82 =

(79:100)*82 =

(79*82):100 =

6478:100 = 64.78

Now we have: 79 percent of 82 = 64.78

Explain how (-2) + 8 is equal to 6

Answers

Step-by-step explanation:

-2+8 is the same as 8-2 which equals 6.

Murray Hill Middle School has 800 students. If 65% of the students ride the bus to school, then how many students ride the bus to school?

Answers

Answer:

520 Students

Step-by-step explanation:

800 x 0.65 = 520

520 students ride the bus

i believe it’s 520 !

Please help ASAP! Thank u

Answers

Answer:

10

Step-by-step explanation:

A to B = 3

B to C = 2

2+2+3+3= diez

The answer is 10 for your question

a) Three bus tickets cost $5.

How many bus tickets can you buy with $15?

Answers

Answer:

3

Step-by-step explanation:

so you have $15 and each ticket is 5 so its 3 because 15 divided by 5 is 3

42 pointssssss!!! There are two unknowns you are trying to find, and you cannot express one in terms of the other. Describe how you could use algebra to solve for the unknowns.

Answers

you can use a formula like y=mx+b

How many solutions does 5(x -3) + 6 = 5x - 9 have?


Will mark brainlest

Answers

Answer:

infinitely many solutions

Step-by-step explanation:

Since both sides equal, there are infinitely many solutions.

Infinitely Many Solutions

Infinitely many solutions is the correct answer

What is 40% of 75?

Use the ratio table to solve the percent problem.

Part Whole
? 75
40 100

Answers

Answer:

30

Step-by-step explanation:

40% of 75 is just 0.4 times 75.

0.4 x 75 = 30

Let me know if this helps!

Answer:

30

Step-by-step explanation:

Good Luck

WILL GIVE BRAINLIEST! If a central angle measures 87°, then its arc will measure _____.
ANSWER CHOICES:
half as much
twice as much
the same

THANKS IN ADVANCE!!!! :) :) :) :) :) :) :) :) :) :) :) :) :)

Answers

Answer:

90

Step-by-step explanation:

twice as much mate because im a genius

Zoe was given a box of assorted chocolates for her birthday. Each night, Zoe treated herself to some chocolates. Zoe ate 2 chocolates each night and there were originally 18 chocolates in the box. Make a table of values and then write an equation for C,C, in terms of t,t, representing the number of chocolates remaining in the box tt days after Zoe's birthday.

Answers

Answer:

4 time 3 eqauls 12 plus 12 eqauls 24

Step-by-step explanation:

How much interest will be earned in 4 years from $2,450 placed in a savings account at 6.5% simple interest? (Remember the I=PRT; where I=interest, P=money, R=% as a decimal; and T=time)

Answers

Answer:

6100.80

Step-by-step explanation:

4.6969 is answer you’re welcome so much

Can someone help with finding the area of this shape. The answer choices are on the second picture

Answers

Answer:

I think the answer is D

Step-by-step explanation

Multiply the height by the width then divide by 2

Help pleaseee U-U
thank you will mark brainly if right
the surface area of a triangle!
also can you explain how you got ur answer?

Answers

IiiiiiiiiiiiiiiiiiiIiiiiiiiiiiiiiiIiiiiiiiiiiiiIiiiiiiiiiiiiiiiIiiiiii

What is the slope of the line graphed below?

A. 1
B. -1
C. 0
D. Undefined

Answers

The slope of the line is 1
the answer would be a. 1

MK so what... I'm so confused, please explain

Answers

Answer:

The answer is supplementary

Step-by-step explanation:

supplementary angles add to 180 degrees

answer= supplementary

supplementary=180°
complementary=90°

a pound of bananas costs $0.59 and a pound of cherries costs $3.98. What are the combined cost of 2.4 pounds of bananas and 1.8 pounds of cherries? Round your answer to the nearest cent.

Answers

$8.58 -I hope this helped-

Noah was playing with his wooden blocks and created a house.

What would be the area of the front of the house?



51 in²


12 in²


63 in²


39 in²

Answers

Answer:

it is A. 51 in

Step-by-step explanation:

so what I did was I went to a calculator and did 8.5 x 6 =51. then I did 51 divided by 8.5 and got 6.

so you know it is right

51n2 the 4in is just trying to trick you I doesn’t matter

Hi! I need some help, and this is due really soon! If you could answer any one of these, it would be real swell. Anyone can answer as long as there's an explanation. ( I know these might be easy for you guys but I'm having a lot of trouble) Thank you! Have a nice day :)

Answers

Answer:

6

Step-by-step explanation:

first let's find all the possible combinations excluding 6+6 to get 12 using addition, we exclude 6+6 because we can't have the same integer for different variables. these are 0+12, 1+11, 2+10, 3+9, 4+8, and 5+7(also the other way around but i start with these). using common sense, I started higher because there is no way d = 0 and e= 12, so i went from 5+7 down. through trial and error and some luck, 5+7 was the correct combination. let's insert the numbers with their variables. d = 5 and e = 7. now we figure out, what minus 5 is 7? if you learned fact families in kindergarten, you'd know to find this out you add 5+7, which is 12. now we divide 12 by 2, because it's the same number added together to get this number, so you now get 6+6. does the equation make sense? (6+6) - 5 = 7, that checks out, and 5+7=12.

Which set of angles are alternate interior angles

Answers

Answer:

2&7

Step-by-step explanation:

Answer:

7 and 2

Step-by-step explanation:

This triangle has one side that lies on an extended line segment.

Based on this triangle, what statement about x is true?


A. x = 33 because 180−147=33

B. x = 62 because 147−85=62 and 85 + 62 = 147

C.x = 95 because 180−85=95 and 85 + 95 = 180

D.x = 118 because 180 − 147 + 85 = 33 + 85 = 118

Answers

im am here the math god all i have to say it is b

Answer:

b

Step-by-step explanation:

i a math and sciencie king trust me

WHAT IS TR(52)???? PLSSSS HELPPPP QUICKLYYY!!!!

Answers

Answer:

BILLIONS® TR52 pigment is a rutile titanium dioxide pigment produced by the sulfate process, and is specifically designed for the printing ink industry. Its very high gloss and opacity, combined with excellent dispersion make it an ideal choice for use in printing ink applications.

TR52 coloring is a rutile titanium dioxide pigment made by the sulfate process, and is designed for the printing ink industry. Its very Glossy and opacity. so combined with excellent dispersion make it a normal choice for use in printing ink Papers.

edit* sorry i thought it was a company

number 9 -_- like what is this

Answers

Answer:

Place the paranthases around 5-2

Step-by-step explanation:

Honestly bro I wish I could help you but I hope someone comes around and gives you a hand. Good luck!

Sophia!! plz help

Express 4/12 in simplified form.

Answers

it is 1/3. divide by 4 on both of them, and there’s your answer!

Dear Rebecca,

   Your answer will be 1/3.

                           Your friend,

                   Sophia Lavender

AS ALWAYS, DUE TODAY! Pls and thanks. NOTE- Legit answers only! Legit answers= Brainliest, 5.0 stars, and a Thanks. NOTE 2- Distributive property with variables (negative numbers)

Answers

Answer:

5

Step-by-step explanation:

3e - 3/2f - 3/8 i’m not sure but i think that’s correct

HELP ME PLEASEEEE!!!! 30 points!!!!

Okay, I missed school because I was quarantined even though the person ended up not have the corona and now I have this work that I don't know :(
Will, someone walks me through this or help me?

Answers

The time is more as the more distance is travelled

help i’ll give brainliest lolz

Answers

25 x 25 = 625 I want brainlyest now

What is the elevation of a city 45 feet below sea level?

Answers

Answer:

The elevation would be -45 feet

Step-by-step explanation:

It would be -45 feet. Elevation is how how far something is above sea level. Since the city is below sea level, it would have a negative 45 elevation

use the model to find each sum or difference.
Rename the fractions as equivalent fractions with like
denominators.
1 5/8 + 1 1/2 = ___

Answers

15+44/8 = 59/8 or 7.375
Just to help you out, download the app photomath, it gives you the explanation and answer !! (Shows you how to do it too) and the app is free!!

What is 4 superscript 5 written in expanded form?

Answers

If this is an exponent, it would be 4 x 4 x 4 x 4 x 4 in expanded form.

Answer:

4×4×4×4×4

Step-by-step explanation:

It is in expanded form.

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