subject

Mathematics, 25.11.2021 06:00 eliana12

Veronica has two offers for a $65,000 student loan. The first loan has a 6.3% interest rate for 15 years, and the second loan has a 4.8% interest rate for 20 years. Both loans have interest compounded every month. Veronica is interested in finding the loan that minimizes the amount of interest that she will pay over the life of the loan. Which loan has a lower amount of interest paid?

ansver

Answers: 3

Show answers

Another question on Mathematics

question

Mathematics, 21.06.2019 17:30

Arecipe uses 2 cups of sugar to make 32 brownies. how many cups of sugar are needed to make 72 brownies?

Answers: 1

question

Mathematics, 21.06.2019 19:00

Two times a number plus three times another number equals 4. three times the first number plus four times the other number is 7. find the numbers

Answers: 1

question

Mathematics, 21.06.2019 19:40

An alternative to car buying is to make monthly payments for a period of time, and then return the vehicle to the dealer, or purchase it. this is called

Answers: 3

question

Mathematics, 21.06.2019 21:00

Helena lost her marbles. but then she found them and put them in 44 bags with mm marbles in each bag. she had 33 marbles left over that didn't fit in the bags.

Answers: 3

You know the right answer?

Veronica has two offers for a $65,000 student loan. The first loan has a 6.3% interest rate for 15 y...

Questions

question

Mathematics, 27.06.2019 16:20

Pls. answer asap! the value of a government bond, in dollars, is given by the function y = 1000 · 1.06^x where x is the number of years the bond has b...

question

Biology, 27.06.2019 16:20

Who is responsible for keeping the public safe from toxic wastes and polluted water and air? 1points a activists b conservationists c government d...

question

English, 27.06.2019 16:20

Write a paragraph long story on one of the following topics one long hour the room choose one of the four methods of paragraph development below and w...

question

Mathematics, 27.06.2019 16:20

The figure shows the location of 3 points around a lake. the length of the lake, bc, is also shown. which of the following options is closest to the d...

question

Mathematics, 27.06.2019 16:20

Which function is graphed on the right? y = 2x+3 – 2 y = 2x–3 + 2 y = 2x–2 + 3 y = 2x–2 – 3...

question

Mathematics, 27.06.2019 16:20

Can anyone answer me i believe the answer is d am i correctit is asking how to prove the figure is a parallelogram.

question

Mathematics, 27.06.2019 16:20

Iam desperate! 95 points for correct ! 1543 pages is $77.40, 7361 pages is $368.30 using a linear equation with $250 in budget how many pages can you...

question

History, 27.06.2019 16:20

During the late 1800s, the principles of social darwinism and laissez-faire economics were most closely associated with the internet’s of...

question

Mathematics, 27.06.2019 16:20

There are 18 muffins on a plate. if they are split equally among 9 people, how many muffins will each person get? select the three correct equations...

question

English, 27.06.2019 16:20

Based on the myth of arachne how were ancient greeks supposed to live their lives...

question

Mathematics, 27.06.2019 16:20

To multiply a monomial by a polynomial, use the property. using this property, the product of (2k2 – 7k + 3) and 4k is ....

question

English, 27.06.2019 16:20

[othello act 4.1 - 4.3]write a short poem using a quotation from either of these scenes asinspiration. your poem should be 8 - 10 lines. the quoted li...

question

History, 27.06.2019 16:20

Which factor does the supreme court generally consider especially important when deciding which cases to review...

question

Chemistry, 27.06.2019 16:20

What is the mass of 3.2 moles of h2o ?...

question

Biology, 27.06.2019 16:20

An electromagnetic wave in a vacuum has a wavelength of 0.07 m. what is its frequency? 4.3 x 108 m/s 4.3 x 10' hz 3.0 x 108 m/s 3.0 x 10' hz...

question

Social Studies, 27.06.2019 16:20

Athermometer is used to a) wind direction b) temperature c) air pressure d) wind speed...

question

Mathematics, 27.06.2019 16:20

Provide the next three terms in the sequence and state whether the sequence is arithmetic, geometric, both, or neither. -243, 81, -27, 9...

question

History, 27.06.2019 16:20

European settlers first arrived they had a military advantage over the native americans which of the following was not an advantage of the settlers...

question

English, 27.06.2019 16:20

Questions from the glass mengerie 45 points ! mhow does laura’s encounter with the gentleman caller change her ? explain whether laura shut out of...

question

Mathematics, 27.06.2019 16:20

Find the first five terms of the described sequence: start with 6 and add 7 repeatedly. state whether the sequence is arithmetic, geometric, both, or...

More questions: Mathematics Another questions