Find the present value of a loan with a MONTHLY payment of $530.65 and an interest rate of 5.90% APR over 29 years, compounded MONTHLY.

Give your answer to 2 decimal places.

Answers

Answer 1

One person took a loan A monthly payment is $530.65. An interest rate is 5.90%. APR is over 29 years. The present value of a loan is 100.69.

Given that,

One person took a loan

A monthly payment is $530.65

An interest rate is 5.90%

APR is over 29 years.

We have to find the present value of a loan

The formula for present value of a loan is

The present value (PV) formula is used in finance to determine the present worth of money received in the future. The compound interest formula serves as the foundation for the present value formula (PV formula). The formula for compound interest is,

PV = \(\frac{FV}{(1+\frac{r}{n)} ^{nt}}\)

Where,

PV=present value

FV=future value

r= rate of interest

n=When frequently the amount compounds

t=time

Given FV=$530.65

r= 5.90% =0.059

t=29 years

n=1(Due to the amount's annual compounding).

PV=\(\frac{530.65}{(1+\frac{0.059}{1})^{1\times29} }\)

PV=\(\frac{530.65}{(1+0.059)^{29}}\)

PV=\(\frac{530.65}{(1.059)^{29}}\)

PV=\(\frac{530.65}{5.27}\)

PV=100.69

Therefore, The present value of a loan is 100.69.

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Related Questions

3. Determine the missing number in each prime factorization. a) 80 X 2 X 2 X 2 X 5 e) 4968 = 23 x 33 x b) 198 = 2 X 3 X X 11 f) 297 = 3 X 11 c) 1750 = 2 x 53 x g) 2639 = 7 XX 29 d) 665 = X 7 X 19 h) 1331 = 11​

3. Determine the missing number in each prime factorization. a) 80 X 2 X 2 X 2 X 5 e) 4968 = 23 x 33

Answers

The missing values in each of the given prime factorization are :

2375233133

1.) 80 = __ × 2 × 2 × 2 × 5

Let missing number = p80 = p × 40p = 80 ÷ 40 p = 2

2.) 198 = 2 × 3 × __ × 11

Let missing value = p198 = 66 × pp = 198 ÷ 66p = 3

3.) 1750 = 2 × 5³ × __

Let missing value = p1750 = 125 × 2 × pp = 1750 ÷ 250p = 7

4.) 665 = __ × 7 × 19

Let missing value = p665 = 133pp = 665 ÷ 133 p = 5

5.) 4968 = 2³ × 3³ × __

Let missing value = p4968 = 8 × 27 × p4968 = 216 × pp = 4968 ÷ 216 = 23

6.) 297 = __³ ×11

Let missing value = p 297 ÷ 11 = p³27 = p³Take the cube root of 27p = 3

7.) 2639 = 7 × __ × 29

Let missing value = p2639 = 203 × pp = 2639 ÷ 203 = 13

8.) 1331 = 11^p

Let missing value = p11 × 11 × 11 = 1331 11³ = 1331 p = 3

Therefore, the value of p represents the missing value in the prime factorization given.

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1,3,6,10,15,21,28 as a function

Answers

It seems that the sequence you provided is the sequence of triangular numbers. The function that generates this sequence could be defined as:

f(n) = n*(n+1)/2

Where n is the position of the number in the sequence.

So, for example:

f(1) = 1*(1+1)/2 = 1

f(2) = 2*(2+1)/2 = 3

f(3) = 3*(3+1)/2 = 6

and so on.

Find the slope

1) Through: (4,-3) and (-2,5)

2) Through: (2,-1) and (0,-4)

Answers

Answer:

1)    \(\frac{4}{-3}\)

2) \(\frac{3}{2}\)

Step-by-step explanation:

To find the slope, we can use the slope formula:
\(\frac{y2 - y1}{x2 - x1}\)

1. Through (4,-3) and (-2,5):

Slope = \(\frac{5 - (-3)}{-2 - 4}\)

Slope = \(\frac{8}{-6}\)

Simplified to: \(\frac{4}{-3}\)

2. Through (2, -1) and (0, -4)

Slope = \(\frac{-4 - (-1)}{0 - 2}\)

Slope = \(\frac{-3}{-2}\)

Slope = \(\frac{-3}{-2} \cdot \frac{-1}{-1} = \frac{3}{2}\)

Meaning that the slope of 1) is    \(\frac{4}{-3}\) and the slope of 2) is \(\frac{3}{2}\).

Hope this helps!

when 30 is subtracted from 14 times of a number the result is 20 more than 4 times that number what is the number

Answers

Answer:

number is 5

Step-by-step explanation:

let the number be n, then

30 subtracted from 14 times the number is

14n - 30

the result is 20 more than 4 times the number, that is

4n + 20

the equation is then

14n - 30 = 4n + 20 ( subtract 4n from both sides )

10n - 30 = 20 ( add 30 to both sides )

10n = 50 ( divide both sides by 10 )

n = 5

the number is then 5

If a picture measures 3 inches by 5 inches and it is dilated by a scale factor of 4, the new dimensions will be ________________________________________.


A. 12 inches by 20 inches

B. 15 inches by 15 inches

C. 7 inches by 9 inches

D. 0.75 inches by 1.25 inches

Answers

Answer:

A) 12 inches by 20 inches

Step-by-step explanation:

Dilation of a scale factor means to increase by a factor of 4.
That basically mean multiply the object by 4.

Therefore 3 inches x 4 = 12 inches

And 5 inches x 4 = 20

A file that is 236 megabytes is being downloaded. If the download is 19.3% complete, how many megabytes have been downloaded? Round your answer to the nearest tenth.

Answers

Answer:

18.3% x 238 megabytes

0.183 x 238 = 43.554 megabytes = 43.6 megabytes (rounded to the nearest tenth) or 43.55 (rounded to the nearest hundredth).

Step-by-step explanation:

moby max help help help help

moby max help help help help

Answers

the answer should be 23/20 or 1 3/20
1/16 that should be the answer I’m not sure just add everything up

Calc question — related rates

Calc question related rates

Answers

The rate at which the depth of the liquid is increasing when the depth of the liquid reaches one-third of the height of the bowl is 1.25 cm s⁻¹.

How to determine rate?

The volume of the liquid in the bowl is given by the following integral:

\(V = \int\limitsx_{0}^{h} \, \pi r^{2}(y) dy\)

where r = radius of the bowl and y = height of the liquid.

The radius of the bowl is equal to the distance from the curve y = (4/(8-x)) - 1 to the y-axis. This can be found using the following equation:

r = √{(4/(8-x)) - 1}² + 1²

The height of the liquid is equal to the distance from the curve y = (4/(8-x)) - 1 to the x-axis. This can be found using the following equation:

h = (4/(8-x)) - 1

Substituting these equations into the volume integral:

\(V = \int\limitsx_{0}^{h } \, \pi {\sqrt{(4/(8-x)) - 1)^{2} + 1^{2} (4/(8-x))} - 1 dy\)

Evaluate this integral using the following steps:

Expand the parentheses in the integrand.

Separate the integral into two parts, one for the integral of the square root term and one for the integral of the linear term.

Integrate each part separately.

The integral of the square root term can be evaluated using the following formula:

\(\int\limits^{b} _{a} \, dx \sqrt{x} dx = 2/3 (x^{3/2}) |^{b}_{a}\)

The integral of the linear term can be evaluated using the following formula:

\(\int\limits^{b} _{a} \, {x} dx = (x^{2/2}) |^{b}_{a}\)

Substituting these formulas into the integral:

V = π { 2/3 (4/(8-x))³ - 1/2 (4/(8-x))² } |_0^h

Evaluating this integral:

V = π { 16/27 (8-h)³ - 16/18 (8-h)² }

The rate of change of the volume of the liquid is given by:

dV/dt = π { 48/27 (8-h)² - 32/9 (8-h) }

The rate of change of the volume of the liquid is 7π cm³ s⁻¹. Also the depth of the liquid is one-third of the height of the bowl. This means that h = 2/3.

Substituting these values into the equation for dV/dt:

dV/dt = π { 48/27 (8-2/3)² - 32/9 (8-2/3) } = 7π

Solving this equation for the rate of change of the depth of the liquid:

dh/dt = 7/(48/27 (8 - 2/3)² - 32/9 (8 - 2/3)) = 1.25 cm s⁻¹

Therefore, the rate at which the depth of the liquid is increasing when the depth of the liquid reaches one-third of the height of the bowl is 1.25 cm s⁻¹.

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what is the opposite of 4? how many units is its opposite from zero?

Answers

Answer: -4, 4 units opposite from 0

Answer:

-4

Step-by-step explanation:

negative 4

how can you tell whether or not a figure is a scaled copy of another figure?

Answers

Answer:

If they are divisible by the numbers in the original shape, then try and see if the others sides of the scaled copy are scaled by the same factor. If they are, then they are a scaled copy.

Step-by-step explanation:

What description is correct for the polynomial 5x^3
Quadratic binomial
Cubic monomial
Quadratic trinomial
Cubic binomial

Answers

Answer:

Cubic monomial

General Formulas and Concepts:

Algebra I

Terms/Coefficients

Step-by-step explanation:

Step 1: Define

5x³

Step 2: Identify

Quadratic are ax²

Cubics are ax³

We know we are given a cubic, so A and C are incorrect.

Monomials are 1 term: ax³

Binomials are 2 terms: ax³ + ax³⁻ⁿ

∴ Our answer is cubic monomial

f(x)=10-9/2x
if f(x)=-53x find x

Answers

Answer:

x = -20/97

Step-by-step explanation:

f(x) = -53x is your output

so -53x = 10-9/2x

-53x - 10 = -9/2x

lets clear the fraction by multiplying each side by 2

-106x - 20 = -9x

-97x = 20

x = -20/97

When f(x) is equal to -53x, the value of x is approximately -0.2062. To find the value of x when f(x) is equal to -53x, we can set the two expressions equal to each other and solve for x:

Given: f(x) = 10 - (9/2)x , And: f(x) = -53x

Setting them equal to each other: 10 - (9/2)x = -53x

To solve for x, let's first get rid of the fraction. We can do this by multiplying the entire equation by 2: 2 * (10 - (9/2)x) = 2 * (-53x)

20 - 9x = -106x

Now, let's isolate the variable x on one side of the equation. Let's move the -9x term to the other side by adding 9x to both sides:

20 - 9x + 9x = -106x + 9x

20 = -97x

Finally, to find x, divide both sides by -97: x = 20 / -97

x ≈ -0.2062 (rounded to 4 decimal places)

So, when f(x) is equal to -53x, the value of x is approximately -0.2062.

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elect all equations that represent the number of subscribers, , in terms of months since the beginning of the year (when she had 150 subscribers).

Answers

There are no equations provided in the question, so I am unable to select equations that represent the number of subscribers in terms of months since the beginning of the year. Please provide me with the equations to choose from.

Hello please help me with this I will give Brainlyst

Hello please help me with this I will give Brainlyst

Answers

Answer:

Step-by-step explanation:oop

Answer:

-3 1/4 is also -3.25 so on the number line it is in the middle of -3.5 and -3.

3.8 on the number line wil be about a cm behind 4.

Step-by-step explanation:

the number 3.8 is between 3.5 and 4

the number -3 1/4 is between -3 and -3.5

which number is between -5 and -6 on a number line

is b. -25/6

Given that 8x – 3y = 36
Find x when y = 3
Give your answer as an improper fraction in its simplest form.

PLEASE HELP :(

Answers

Answer:

x = 45/8

Step-by-step explanation:

8x – 3y = 36

Let y=3

8x – 3*3 = 36

8x - 9 = 36

Add 9 to each side

8x -9+9 = 36+9

8x = 45

Divide each side by 8

8x/8 = 45/8

x = 45/8

Answer:

x = 45 / 8

Step-by-step explanation:

8 x - 3 y = 36

8 x - 3 × 3 = 36 ( given :- y = 3 )

8 x - 9 = 36

add 9 to both side

8 x - 9 + 9 = 36 + 9

8 x = 45

Divide each side by 8

8 x / 8 = 45 / 8

X = 45 / 8

If a runner jogs 2 miles east and then jogs 4 miles
north, how far is the runner from her starting point
if she plans to run straight back? Remember to
simplify your answer.

Answers

Answer:

Step-by-step explanation:

Question 7
Jorge earned 91, 84, 87 on his first three out of four Algebra tests. He wants to get an
average of 90 in the class. What should he make on his last test to achieve this goal?

Answers

To earn an average score of 90, the score on the fourth test needs to be 98.

What is average?

The core value of a set of data is expressed mathematically as the average of a list of data. It is defined mathematically as the ratio between the total number of units in the list and the sum of all the data. The term "mean" in statistics also refers to the average of a particular set of numerical data.

Given the score of the first three tests as:

91, 84, 87.

The average is given by the following formula:

Average = Sum of scores ÷ total number of tests

Let us suppose the score of fourth test as x.

Given that A = 90:

90 = (91 + 84 + 87 + x) ÷ 4

x = 98

Hence, the score on the fourth test must be equal to 98, to get an average score of 90.

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In a room, 9 students have glasses on, while 15 do not. Give the percentage of students wearing glasses. (Round to the nearest tenth of a percent)

Answers

Answer:  37.5%

Work Shown:

9+15 = 24 students total

9 have glasses, so 9/24 = 0.375 = 37.5% of the class wears glasses.

q=you+have+50+blueberries+and+75+scone.+You+want+to+make+as+many+identtical+bags+as+possible.+Each+bag+should+have+an+equal+number+of+blueberry+scones+and+an+equal+number+of+cranberry+scones.+What+is+the+greatest+number+of+bags+you+can+fill&cvid=1ea9df65fe52425e9572dfee62446327&pglt=43&FORM=ANNTA1&PC=DCTS

Answers

Answer:

uhmmmmm... i no understand...

Step-by-step explanation:

Answer:

25 baggies; each bag has 2 blueberry scones, and three cranberry scones.

Step-by-step explanation:

The question format is a bit bugged, but I assume the question is asking "You have 50 blueberry scones and 75 cranberry scones. You want to make as many identical bags as possible. What is he greatest number of bags you can fill?"

The first thing to realize when solving this question is that whatever the answer is equal to, it must be able to be equally divided from both 50 and 75, otherwise it will have a remainder, and at least one bag will have too many or not enough scones.

This means that the answer must be a factor of both 50 and 75.

The factors of 50 includes {1, 2, 5, 10, 25, 50}

The factors of 75 includes {1, 3, 5, 15, 25, 75}

In the two sets, only 1, 5, and 25 are common factors. Of the three factors, 25 is the greatest number, and thus the greatest number of bags that can you can fill.

Kinda lost, can someone help me.

Kinda lost, can someone help me.

Answers

Answer:

Area: x^2 + 6x

Step-by-step explanation:

1. This figure resembles a parallelogram, with it's dimensions parallel to the point of congruency. Even if it wasn't a parallelogram however, you would get the basic idea of calculating it's area by height * length.

2. Knowing the dimensions to be ( x + 6 ) by x, you can multiply them through algebra as such: x ( x + 6 ) ⇒ x^2 + 6x

3. Answer: x^2 + 6x

Mr Soto bought some dvds each DVD cost 13.55 if Mr Soto did not spend more Thales 75$ which inequality could be used to find d the number of DVDs Mr. Soto bought

Mr Soto bought some dvds each DVD cost 13.55 if Mr Soto did not spend more Thales 75$ which inequality

Answers

Answer:

c

Step-by-step explanation:

C is the only equality that no matter what, the value would be $75 or less

What is the slope of the line that contains the points (8, 4) and (−4, 8)?

3
−3
one third
negative one third

Answers

Answer: negative one third

What is the slope of the line that contains the points (8, 4) and (4, 8)? 3 3 one third negative one

Answer:

-1/3

Explanation:

There's a formula that I'll use to find the slope - it's called the slope formula.

\(\sf{m=\dfrac{y_2-y_1}{x_2-x_1}}\)

Plug in the data:

\(\sf{m=\dfrac{8-4}{-4-8}}\\\\\sf{m=\dfrac{4}{-12}\)

Simplify:

\(\sf{m=-\dfrac{4}{12}}\)

\(\sf{m=-\dfrac{1}{3}}\)

Hence, the slope is negative one-third.

Select the correct answer.
Shania is making a scale diagram of the badminton court at the community center. She uses a scale of 1 centimeter to 0.5 meter to draw the scale diagram. If the scale length of the badminton court is 26.8 centimeters and the scale width is 12.2 centimeters, what is the actual area of the court?
A.
1,307.84 square meters
B.
326.96 square meters
C.
81.74 square meters
D.
78 square meters

Answers

C. 81.74 ............

if trey sells 10 more candy bars , how much will he raise for his basketball team ?

Answers

Answer:

Step-by-step explanation:

how many did he sell in the first place

How much are the candy bars worth?

Which graph represents the function f (x) = StartFraction 1 Over x EndFraction minus 1?
On a coordinate plane, a hyperbola is shown. One curve opens up and to the right in quadrant 1, and the other curve opens down and to the left in quadrant 3. A vertical asymptote is at x = 0, and the horizontal asymptote is at y = 1.
On a coordinate plane, a hyperbola is shown. One curve opens up and to the right in quadrant 1, and the other curve opens down and to the left in quadrant 3. A vertical asymptote is at x = 1, and the horizontal asymptote is at y = 0.
On a coordinate plane, a hyperbola is shown. One curve opens up and to the right in quadrant 1, and the other curve opens down and to the left in quadrant 3. A vertical asymptote is at x = negative 1, and the horizontal asymptote is at y = 0.
On a coordinate plane, a hyperbola is shown. One curve opens up and to the right in quadrant 1, and the other curve opens down and to the left in quadrant 3. A vertical asymptote is at x = 0, and the horizontal asymptote is at y = negative 1.
Mark this and return

Answers

The correct answer is Option C. The graph represents the function f (x) = StartFraction 1 Over x EndFraction minus 1 is On a coordinate plane, a hyperbola is shown. One curve opens up and to the right in quadrant 1, and the other curve opens down and to the left in quadrant 3. A vertical asymptote is at x = negative 1, and the horizontal asymptote is at y = 0.

On a coordinate plane, the graph of a hyperbola is shown.

In quadrant 1, one curve opens up and to the right, while in quadrant 3, the other curve opens down and to the left.

The vertical asymptote is at x = -1, and the horizontal asymptote is at y = 0. This hyperbola is symmetrical across both the x and y axes.

The function f(x) = 1/x - 1 has a vertical asymptote at x = 0 because the denominator approaches zero as x approaches zero.

A fraction with a denominator of zero cannot exist.

The horizontal asymptote of this function is y = -1 because as x approaches infinity or negative infinity, f(x) approaches -1.

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A committee must be formed with 4 teachers and 7 students. If there are 9 teachers to choose from, and 8 students, how many different ways could the committee be made?

Answers

Adaptations as compromises Adaptations can so
as compromises. One example of an adaptive con
bear's "thumb.' Modern pandas have five digits th
and a sixth digit that functions like a thumb. This
bone. Ancestral pandas with bigger wrist bones hac
ing and eating their food. Over time, this adaptati

Write a paragraph (4-5 sentences) explaining how we can help or change racism to black people


No copying from internet please

Answers

Answer

A few ways we could stop racism against black people in this country is to stop the perpepuation of black stereotypes in media. Such as the loud, aggressive black man, or the rude, catty black woman. It causes a harmful view on black people and can result in racial profiling. Another way to combat this racism is to fight off systemic racism. Black people who have unique names, usually African names, are more likely to get turned down for a job when they turn in their resume to an establishment. This is because they automatically assume that they'll be trouble, and won't be a good worker.

The data represents the heights of eruptions by a geyser.
Use the heights to construct a stemplot. Identify the two values that are closest to the middle when the data are sorted in order from lowest to highest.

The data represents the heights of eruptions by a geyser.Use the heights to construct a stemplot. Identify

Answers

The values nearest to these middle elements are 60 and 63 inches.

The dataset is given as:

62 33 50 90 80 50 40 70 50 63 74 53 55 64 60 60 78 70 43 82

Then, we sort the information elements in ascending request

33 40 43 50 50 50 53 55 60 60 62 63 64 70 70 74 78 80 82 90

The length of the dataset is 20.

Thus, the elements at the middle are the tenth and the 11 elements.

From the arranged dataset, these elements are: 60 and 62

Thus, the values nearest to this median are 60 and 63

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Plzzzz help me thxs !!!

Plzzzz help me thxs !!!

Answers

Answer:

b) 2 (x - 4) = 6x

Step-by-step explanation:

equation:

⇒ 2 (x - 4) = 6x

use distributive property:

⇒ 2 (x - 4) = 6x

⇒ 2x - 8 = 6x

subtract x from both sides:

⇒ 2x - 2x - 8 = 6x - 2x

⇒ -8 = 4x

divide both sides by 4:

⇒ \(\frac{-8}{4} = \frac{4x}{4}\)

⇒ -2 = x

to check, substitute -2 for x: answer should be the same

2 (x - 4) = 6x

2 (-2 - 4) = 6 x -2

-4 - 8 = -12

-12 = -12

Answer:

i got A and B.

Step-by-step explanation:

for a, subtract 6 from both sides and your new equation should be 2x=-4

the divide -4 by 2 which is -2

for b, you multiply 2 by each number in the parenthesis so your new equation should be 2x-8=6x. then subtract 2x from 6x and get 4x then divide -8 by 4 to get -2. im 100% sure abt A but i was a little confused on B good luck tho

An amount of $700 was invested at 7% for 7 months. What is the interest? Round your
answer to the nearest cent.

Answers

Answer:

49 dollars

Step-by-step explanation:

700 times .07

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Help fast!!!!!!!!!!!!!!! Make a good meme using the words benevolent and malevolent out of this picture Help I need you right nowwwwwwwwwwwwDan bought a bag of skittles. 1/2 of the skittles in his bag were red and 2/8 of the skittles in his bag were blue. What fraction of the skittles in the bag were either red or blue? Fill in the blankBoth of these studies have to do with the sky. However,_______ focuses on space and structures within it, like stars and meteorolds, and ______focuses on weather elements, like wind currents and cold fronts.The first blank can be1.geology 2. astronomy 3.oceanography 4.meteorology The second blank can be1.oceanography 2.astronomy3.geology4.meteorology Dental vacuum source equipment shall be obtained from and be installed under the supervision of the ______. In the figure, m related to the role prenatal hormones and development of seual orientaiton which statement gives the best descriptition safety stock exists for which of the following reasons? question 1 options: a) to allow less expensive purchases by buying more b) to allow for transportation time c) to provide protection against the uncertainties of supply and demand d) none of the above I am imperishable time;The Creator whose face is everywhere;Death that devours all things:The source of all things to comeThe god Krishna speaks, Bhagavad Gita, Vedic sacred text, circa fifthcentury to second century B.C.E.The excerpt above best represents which aspect of Hinduism?A. The desire to escape worldly sufferingB. The cyclical nature of death and rebirthC. The belief in karmaD. The importance of caste HELPPPPPPPPP MEEEEEEEE For the reaction C + 2H2 CH4, how many grams of carbon are required to produce 17.2 moles of methane, CH4 ?Round your answer to the nearest tenth. If you answer is a whole number like 4, report the answer as 4.0Use the following molar masses. If you do not use these masses, the computer will mark your answer incorrect.:Element Molar MassHydrogen 1Carbon 12 Zack develops a sweet tooth as a young boy and tends to eat far too much candy and ice cream. These earlylife eating habits could cause him to eat more sugary food like donuts and desserts in adulthood. true or false How does the speech What to the Slave is the Fourth of July relate to American life during Douglas time? a loss caused by which of the following would be automatically covered under a businessowners policy? an earth movement b increased cost of construction c mechanical breakdown d off-premises power failure Help me solve this equation about completing tables and comparisons. Suppose your perfectly competitive firm's cost function is c(Q) = 30 + 10Q + Q?, where Qis output, and your competitors charge a price of $45 per output. Clearly show your steps and () derive your firm's short-run profit function and (ii) with the derived profit function, calculate your firm's profit maximizing output and price in the short-run. Find the distance between the points.(1, 5), (-7, -2) 8. Draw and describe tessellations.Part It A regular tessellation uses only one regular polygon to completely cover a surface with nooverlaps or spaces. Draw a regular tessellation in the box below using only equilateral triangles,squares, or regular hexagons (3 points) I'm almost done I only have 11 more questions well maybe 3 but I'm counting the a,b,c,d type thing so........ for the minesweeper game that we discussed in the class, write a function to calculate all mines around a given location (i,j) (include the location (i,j)) for a given 2d array.