6. Rodrigo is attending a 4-year college. As a freshman, he was approved for a 10-year, federal
unsubsidized student loan in the amount of $5,300 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
period, interest will accrue at 4.29%. (Round all monthly payment calculations to 2 decimal
places.)
a. How much interest will Rodrigo accrue during the 4.5-year non-payment period?
b. If Rodrigo decides to make no payments during the 4.5 years, the interest will be
capitalized at the end of that period. What will the new principal be when he begins
making loan payments?
How much interest will he pay over the life of the loan?
c. Suppose Rodrigo only paid the interest during his 4 years in school and the 6-month
grace period. What will he now pay in interest over the term of his loan?

Answers

Answer 1

Rodrigo will accrue 1023.17 interest during the 4.5-year non-payment period.

Define interest.

The simplest way to compute interest is as a percentage of the principal. For instance, if you agreed to borrow $100 from a buddy with 5% interest, the interest you would pay would only be 5% of $100: $100(0.05) = $5. Simple Interest (S.I.) is a way for figuring out how much interest will accrue on a specific principal sum of money at a certain rate of interest. For instance, if someone borrows Rs. 5000 at a rate of 10 p.a. for two years, they will pay S.I. on the borrowed money for those two years.

Given,

For calculating interest:

Interest = Principal ×rate × time

Principal = 5300

Rate = 0.0429

Time = 4.5

Interest = 5300 × 0.0429 × 4.5

Interest = 1023.17

Rodrigo will accrue 1023.17 interest during the 4.5-year non-payment period.

To learn more about interest, visit:

https://brainly.com/question/27584159

#SPJ13


Related Questions

Mindy owns 20 pairs of shoes and every week she purchases two more pairs.And she destroys one. How long will it take for her closet to have 50 pairs of shoes?
Write an equation and solve.

Answers

Answer:

y = x + 20

30 weeks

Step-by-step explanation:

The given scenario can be modelled using the linear equation:

[tex]y=mx+b[/tex]

where:

m is the rate of change (slope).b is the initial value (y-intercept.

Mindy initially owns 20 pairs of shoes. Therefore, the initial value is b = 20.

If Mindy purchases 2 pairs but destroys 1 pair each week, then she is gaining 1 pair of shoes each week.  Therefore, the rate of change is m = 1.

Therefore, the equation is:

[tex]y=x+20[/tex]

where:

x is time in weeks.y is the number of shoes Mindy owns.

To find how long it will take for Mindy's closet to have 50 pairs of shoes, substitute y = 50 into the equation and solve for x:

[tex]\implies 50=x+20[/tex]

[tex]\implies 50-20=x+20-20[/tex]

[tex]\implies 30=x[/tex]

[tex]\implies x=30[/tex]

Therefore, it will take Mindy 30 weeks to have 50 pairs of shoes in her closet.

which expression is equivalent to i233?
O 1
O -1
O i
O -i

Answers

i is expression is equivalent to i233.

What is mathematical expression?An expression, often known as a mathematical expression, is a finite collection of symbols that are well-formed in accordance with context-dependent principles. Any mathematical statement that includes numbers, variables, and an arithmetic operation between them is known as an expression or algebraic expression. In the phrase 4m + 5, for instance, the terms 4m and 5 are separated from the variable m by the arithmetic sign +.

Given i233

We know that i2 = -1 , if we square (i2) we get (-1)2 = 1

So, if i is multiplied to (i2), we get i3 = (-1).i = -i

Again if i is multiplied to i3 , we get i4 = (-i).i = -i2 = -(-1) = 1

Hence, all even powers of i after 2, will give answer as 1

The sequence will continue as a cycle as i, -1, -i, 1

So, i233 can be rewritten as i232 + 1= i232.i

i233 = (i2)116 .i = (-1)116 . i

Since the power 116 is even , the term becomes 1.i = i

Therefore, i233 = i

To learn more about mathematical expression refer to:

https://brainly.com/question/4344214

#SPJ13

What mixed number is represented on the number line shown here?

Answers

Answer:

The mixed number is 1 and 2/5. If it is split into 5 parts.

Step-by-step explanation:

No explanation sorry!

Answer:

Step-by-step explanation:

We already know how to represent whole numbers on the number line. Let us consider the image shown, here, the digits 0 and 1 are represented on the number line.

Representation of 0 and 1 on The Number Line

If we divide the number line into two equal parts, as shown in the figure below, what value does that mid-point hold? Half of what the graduation between 0 and 1 holds.

So, the point represents (1-0)/2 = ½

Fraction - Representation Of Fraction On The Number Line

Thus we saw, to represent a fraction on the number line, we need to divide the line segment between two whole numbers into n equal parts where n represents the denominator of the fraction. For example, if we have to represent the fraction 1/5 on the number line, hence, we need to divide the line segment between 0 and 1 into five equal parts, where the first point as shown in the figure represents the fraction 1/5, the second represents 2/5 and so on.

Fraction Representation

We must note that, 0/5 = 0 here and 5/5 = 1.

Here you have seen the representation of proper fraction on the number line. To represent improper fractions, you first convert them into mixed fractions. The same procedure, as shown above, is used with the whole number as the starting point.

cual es El promedio de 12,16 y 23​

Answers

Answer:

17

Step-by-step explanation:

Se suman todos los números y se divide por el número de números.

¡¡¡Espero que esto ayude!!!

(Translated to English: You add all the numbers together and divide by the number of numbers.  I hope this helps!!!)

suppose that the population of a city was 92000 in 2010. Then every year after that, the population decreased by 2% due to heavy population.

Create a model for the population of the city, P, in terms of the number of years that have passed since 2010, t:

P = _______

Answers

The decrease of the population from the question can be modeled by;

P = 92000e^-0.02t

What is the model of the population?

We know that the population of a place can be modeled by the use of an exponential model. In the exponential model, there could be an increase or  decrease in the population of a place as the case may be. In this case, we are told that there is a decrease in the population of the place.

Let us note from the question that we have been told that every year after 2010, the population decreased by 2% due to heavy population. We were also made to understand in the question that the initial population of the city is about 92000.

Now, we can write the model as;

P = Poe^-rt

P = population of the area at time t

Po = population initially present

r = rate of population decrease

t = time taken since 2010.

We can now write;

P = 92000e^-0.02t

Learn more about population:https://brainly.com/question/18415071

#SPJ1

Devaughn is 13 years younger than Sydney. The sum of their ages is 43 . What is Sydney's age?

Answers

Answer:

30 years

Step-by-step explanation:

subtract devaughn's age from the sum of ages

A truck can be rented from Company A for $100 a day plus $0.30 per mile. Company B charges $50 a day plus $0.80 per mile to rent the same truck. Find the number of miles in a day at which the
rental costs for Company A and Company B are the same.
Atmiles, the rental costs are the same from either company.

Answers

Answer:

100 miles

Step-by-step explanation:

Let m be the number of miles.

[tex]100 + .30m = 50 + .80m[/tex]

[tex]100 = 50 + .50m[/tex]

[tex].50m = 50[/tex]

[tex]m = 100[/tex]

Answer:

100

Step-by-step explanation:

You can put into a graph such as desmos and see where the lines intersect. the x value of the intersection is the answer you want.

You want to buy a new car. You can afford payments of $425 per month and can borrow the money at an interest rate of 4% compounded monthly for 5 years. How much interest do you pay?​

Answers

He would pay $8500 interest if he can afford payments of $425 per month and can borrow the money at an interest rate of 4% compounded monthly for 5 years.

Define interest.

The expense of borrowing money is interest. It equates to a fee or additional charge the borrower pays the lender for the loaned amount, and is sometimes stated as a percentage. When you make a payment on a loan with simple interest, the money first goes toward the interest for that month and the rest is applied to the principal. Simple interest is a way to figure out how much interest will be charged on a sum of money at a specific rate and for a specific duration of time. Contrary to compound interest, where we add the interest of one year's principal to the next year's principal to compute interest, the principal amount under simple interest remains constant.

Given,

Principal = $425

Rate = 4%

Time = 5 years

Interest = Principal × Rate × time

Interest:

= 425 × 4×5

= 8500

He would pay $8500 interest if he can afford payments of $425 per month and can borrow the money at an interest rate of 4% compounded monthly for 5 years.

To learn more about interest, visit:

https://brainly.com/question/13324776

#SPJ13

A photocopier takes 8 seconds to make 20 copies. How long will it take to make 45 copies?

Answers

Answer: 18

Step-by-step explanation:

8--20

x--45

x=45*8/20

x=18

At how many seconds s will the two bottles have the same amount of water if Jason and Pedro start drinking from each of their bottles at the same time ?

Answers

The time at which the two bottles will have the same amount of water, using linear functions, is of:

26 seconds.

What is a linear function?

The slope-intercept representation of a linear function is given by the rule shown as follows:

y = mx + b

The coefficients of the function and their meaning are described as follows:

m is the slope of the function, representing the change in the output variable y when the input variable x is increased by one.b is the y-intercept of the function, which is the numeric value of the function when the input x is of zero.

For the functions in this problem, we have that:

The slope is the rate of water they drink per second.The intercept is the initial amount of water that they have.

Hence the functions are given as follows:

Jason: J(x) = 20 - x.Pedro: P(x) = 65 - 2.5x.

The time at which they have the same amount is x for which:

P(x) = J(x)

65 - 2.5x = 20 - x

1.5x = 45

x = 45/1.5

x = 30 seconds.

However, at this time, the amount would be of:

J(30) = 20 - 30 = -10.

Which is a negative amount of water, not possible, hence they would have the same amount when Jason finishes, hence:

65 - 2.5x = 0

2.5x = 65

x = 65/2.5

x = 26 seconds.

Missing Information

The problem is:

Jason's water bottle has 20 ounces of water, and he is drinking ata rate of 1 ouncer per second. Pedro's water bottle contains 65 bunces of water, and he is drinking at a rate of 2.5 ouncers per second. At how many seconds, s, will the two bottles have the same amount of water if Jason and Pedro start drinking from each of their bottles at the same time?

A similar problem, also featuring linear functions, is given at https://brainly.com/question/24808124

#SPJ1

Amit sold 3 shells last week for $5 each
and 2 more shells this week for $5 each.
Show two ways to determine how much
money Amit made in the two weeks.

Answers

The two ways to determine how much money Amit made in the two weeks are,

$5(3 + 2) = $25 and $5(3) + $5(2) = $25.

What is shell?

A hard, protective outer layer is typically produced by an animal that lives in the sea and is referred to as a shell, seashell, or simply a shell. The animal's body includes the shell. Beachcombers regularly discover empty seashells washed up on beaches.

Given: Amit sold 3 shells last week for $5 each.

And 2 more shells this week for $5 each.

So, the equation which represent the total money is,

$5(3) + $5(2) = $15 + $10 = $25.

Also we can express this equation as,

$5(3 + 2) = $5(5) = $25

Therefore, the two ways to determine how much money Amit made in the two weeks are,

$5(3 + 2) = $25 and $5(3) + $5(2) = $25

To know more about the shells, click on the link

https://brainly.com/question/26039758

#SPJ9

i NEED HELP QUICK AGAIN

Answers

Answer: 3 1/3

Step-by-step explanation:

Each tick mark marks 1/3 of a space. A is at - 3 1/3. The absolute value of any number is positive and is just the number of spaces a dot is from zero. You can’t have a negative distance, so the answer is 3 1/3.

What is 1+1x34 divided by 19x987-6961+85629x0?

Answers

The solution is  0.0029

How to simplify?

Simplify in mathematics is reducing  an expression, problem or fraction into a simple form.

Rewrite the the expression in mathematical form we have;

[tex]\frac{1 +1 * 34}{19 * 987 - 6961 + 856209 * 0}[/tex]

Simplify the expression

=  [tex]\frac{35}{(19 * 987) - (66961 + (85629 * 0)}[/tex]

Simplify again by subtracting the denominator

=[tex]\frac{35}{18753 - (6961)}[/tex]

= [tex]\frac{35}{11792}[/tex]

= 0.0029 approx..

Therefore, the solution is  0.0029

Learn more about simplify here; https://brainly.com/question/723406

#SPJ1

Which two points on the number line are
opposites?
points A and B
points B and C
points C and D
points A and D

Answers

The point B and C are opposite to each other.

A number line is a mathematical visual representation of numbers on a straight line. The digits on a number line are positioned sequentially at regular intervals throughout its length. It frequently appears horizontally and might go on forever in any direction.

As seen from the number line, point A is one unit left of -1 which is -2. Since each mark is a difference of 1 and to the left is a negative value, point B is midway between -1 and 0 is half of -1 which is -0.5, point C is midway between 0 and 1 is basically half of 1 which is 0.5 and point D is halfway between 1 and 2 is exactly that 1.5

As per the numerical values of the given points, the two that are opposites to each other are points B and C. They both have a value of 0.5 on each end of the number line, one being negative while the other is positive, thus they are opposites of each other.

Therefore, points B and C are opposite to each other.

To learn more about Number line visit here:

https://brainly.com/question/24644930

#SPJ9

The given question is incomplete. Here is the complete question:

Which two points on the number line are opposites? A number line goes from negative 2 to positive 2 in increments of 1. There are 4 equal spaces between each number. Point A is 1 mark to the left of negative 1. Point B is halfway between negative 1 and 0. Point C is halfway between 0 and 1. Point D is halfway between 1 and 2.

IXL need finished fast please Help fast !

Answers

The angles are alternate exterior so they add to equal 180
89+62-6x+3x=180
151-3x=180
-3x=29
X=-9.66 (repeating)

What is the exact solution to the equation 10x=23?

Answers

Answer:

x = 2.3

Step-by-step explanation:

you divide both sides of the equation by 10

Find all values of m for which the equation has two real solutions
(m - 3)r² + 9r - 2 = 0

Answers

The value of m for equation  (m - 3)r² + 9r - 2 = 0 is 57/8.

What is quadratic equation?

A quadratic equation is a second-order polynomial equation in a single variable x , ax2+bx+c=0. with a ≠ 0 .

The given equation is (m - 3)r² + 9r - 2 = 0

For the equation to have real and equal roots, the discriminant should be 0.

b²-4ac=0

a=m-3, b=9, c=-2

plug in the values in discriminant

81-4(m-3)(-2)=0

81-4(-2m+6)=0

81+8m-24=0

8m+57=0

m=57/8=7.125

Hence, the value of m for equation  (m - 3)r² + 9r - 2 = 0 is 57/8.

To learn more on Quadratic equation click:

https://brainly.com/question/17177510

#SPJ1

i need help asap with this question

Answers

Answer: B

Step-by-step explanation:

The width = 23/4

The length = 2 × the width = 2 × 23/4 = 23/2                

The perimeter of the rectangle = 2 ( length + width)

                                                    = 2 (23/2 + 23/4 )

                                                    = 2 ( 69/4)

                                                    = 69/2

                                                    = 34 .1/2

                     

A scuba diver descends in the water at a rate of 23.5 feet per minute for 2.6 minutes. He immediately changes course when he sees a large fish and ascends at a rate of 28 feet per minute for 2 minutes. What is the scuba diver's position relative to sea level after the 4.6 minutes? Enter your answer as a decimal in the box.

Answers

Answer:

Step-by-step explanation:

t is given that a scuba driver descends in water for 2.8 minutes at a rate of   feet per minute.

Let's assume the descending position as negative.

The position at which the scuba driver will be after 2.8 minutes is :

= -  feet per minute × 2.8 minutes

= - 57.4 feet

Now , he sees a large fish and changes his direction and starts diving ascending at a rate of 25 feet per minute for 2 minutes.

Let's assume the ascending position as positive.

So , The position at which the scuba driver will be after 2 minutes after seeing large fish is :

= 25 × 2

= 50 feet

So , the scuba diver's position relative to sea level after the 4.8 minutes will be :

= -57.4 + 50

= -7.4 feet

This meant Scuba driver is 7.4 feet below sea level.

a divided by 4 is equal to For a= 7

Answers

Answer:

no no lose me das las respuestas

- 9 + 5z - 12z = 15 help please

Answers

Answer: z=24/7

Step-by-step explanation:

Please help !!! Find the measure of the exterior angle, formed by the sculpture and the ground, marked below in red.

Answers

Step-by-step explanation:

the inner and the outer angle at a vertex of a triangle are complementary angles or a linear pair of angles.

that means together they have 180°.

180 = inner + outer = 48 + outer

outer = 132°

the exterior angle is 132°.

*
Hamburger meat is priced at $5.98
for 1.3 pounds of meat. What is the
the price per pound?
Your answer

Answers

The price per pound of meat is $4.60.

How to calculate the price of meat?

Given that hamburger meat is priced at $5.98 for 1.3 pounds of meat.

It should be noted that to find the cost per pound of meat, we will need to divide the value given.

This will be:

= Cost of meat / Pound of meat

= $5.98 / 1.3

= $4.6

The price is $4.60.

Learn more about cost on:

brainly.com/question/25109150

#SPJ1


Jasmine evaluated the expression 10 - (-3)
and says it is equal to 7. Is she right? If not, what was her mistake?

Answers

Jasmine was not right in evaluating the expression. She didn't multiply the subtraction signs.

How to evaluate an expression?

An algebraic expression consists of unknown variables, numbers and arithmetic operators.

To evaluate an algebraic expression means to find the value of the expression when the variable is replaced by a given number.

Therefore, let's evaluate Jasmine expression.

10 - (-3)

we have to open the bracket by multiplying the negative signs.

- × -  = +

Hence,

10 - (-3)  = 10 + 3 = 13

Therefore, Jasmine is wrong. Her mistake was not multiplying the minus sign.

learn more on evaluation here: https://brainly.com/question/724724

#SPJ1

A map has a scale of 1/2 inch
equals 25 miles. How many
miles are 8 inches?

Answers

According to the given scale, 400 miles are 8 inches.

Scale

Scale refers the ratio that defines the relation between the actual figure and its model. And it is used in maps to represent the actual figures in smaller units.

Given,

A map has a scale of 1/2 inch equals 25 miles.

Here we need to find how many miles are 8 inches.

Through the given question we know that,

1/2 inches = 25 miles.

Then the 1 inch is equal to,

1 inch = 25 x 2 = 50 miles.

Therefore, the miles equivalent of 8 inches is written as,

=> 8 x 50

=> 400 miles.

Therefore, 8 inches is equal to 400 miles.

To know more about Scale here.

https://brainly.com/question/13819784

#SPJ1

1. Structure that houses all the inner parts of the computer​

Answers

Answer:

The motherboard

Step-by-step explanation:

cardsIt is the base of all chips and

A new car costs $24,250, which is approximately 110% of what a comparable car cost 3 years ago. What did the car cost 3 years ago?

Answers

The car's cost 3 years ago was $22,045.45.

According to the question,

We have the following information:

A new car costs $24,250, which is approximately 110% of what a comparable car cost 3 years ago.

Now, let's take the cost of car 3 years to be $x.

So, we have the following expression:

110% of x = 24250

110x/100 = 24250

Using the cross multiplication method:

110x = 24250*100

Dividing both sides by 110 will give us the value of x which is the required cost of car:

x = 2425000/110

x = $22045.45

Hence, the car's cost 3 years ago was $22,045.45.

To know more about car's cost here

https://brainly.com/question/25741131

#SPJ1

Choose the compound inequality that represents each phrase.
All real numbers that are less than –3 or greater than or equal to 5
A. x < –3 or x > 5
B. x < 5 or x > –3
C. x < –3 or x > 5
D. x < –3 or x < 5

Answers

Answer is A lt-less than which is 3 and gt which is greater than 5

Please Help It would mean a lot!!

Answers

Answer:

30 x n - 60 = 20 x n

1 day

80

Step-by-step explanation:

A. The equation is ((0-60)(+30*x)) your sister and yours is 0+(20*x).
B. Your sister will over come you on day 7.
Day 1: -30, 20
Day 2: 0, 40
Day 3: 30, 60
Day 4: 60, 80
Day 5: 90, 100
Day 6: 120, 120
Day 7: 150, 140

find the size of angle x

Answers

Answer: 14 is bigger than 8 and x is smaller than 8 so x would be a small number, i bet that x is = to 3 cm

Step-by-step explanation:

I don't know for SURE though :)

Other Questions
5.What will most likely happen if the incorrect enzyme is added to a chemical reaction?a. The reaction will not occur.b. The reaction rate will increase.c. The reaction rate will decrease.d. The equilibrium of the reaction will be maintained the conservation of biodiversity is an international problem. (a) name and describe one u.s. law that is intended to prevent the extinction of species. (4 points) {(0, 2), (-3, 1), (-4, 3), (1, 4)}domain and range I need help anyway because Given a cube with volume V, you can use the formula P=4V to findthe perimeter of one of the cube's square faces. Find the perimeter ofa face of a cube that has volume 125 m. A King in ancient times agreed to reward the inventor of chess with one grain of wheat on the first of the 64 squares of a chess board. On the second square the King would place two grains of wheat, on the third square, four grains of wheat, and on the fourth square eight grains of wheat. If the amount of wheat is doubled in this way on each of the remaining squares, what is the total weight in tons of all the wheat that will be placed on the first 59 squares? (Assume that each grain of wheat weighs 1/7000 pound. Remember that 1 ton2000 lbs.) A - answers the question accurately and includes all required items, especially tent evidence. Uses a mix of simple, compound, and complex sentences and includes few or no grammatical errors.For this assignment, pick three possible thesis statements from this list and make a list of actions and quotes from the story that you could use to support this thesis. For it to be a strong thesis, you need to be able to provide at least three arguable pieces of evidence to discuss. You do not have to write a paragraph - just make three lists. In the story Raymond run 15 houseworks with do and does How did life on cotton plantations shape the way enslaved African Americans resistedslavery? Cost of Units Transferred Out and Ending Work in ProcessThe costs per equivalent unit of direct materials and conversion in the Rolling Department of Jabari Steel Company are $375 and $60, respectively. The equivalent units to be assigned costs are as follows: Equivalent UnitsDirect Materials Equivalent UnitsConversionInventory in process, October 1 0 320Started and completed during October 14,800 14,800Transferred out of Rolling (completed) 14,800 15,120Inventory in process, October 31 1,200 300Total units to be assigned costs 16,000 15,420The beginning work in process inventory on October 1 had a cost of $318,560. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department.Line Item Description AmountCompleted and transferred-out production $fill in the blank 1Inventory in process, October 31 $fill in the blank 2Total costs assigned by the Rolling Department the study of how institutional factors influence the definition, selection, and emphasis of issues in the media is referred to as . You have the best chance of getting your money back from a scam if what happened?. how do authors use words and phrases to move the emotion starter actions of readers? a(n) blank converts the programming instructions written by programmers into a language that the computer understands and processes. as new firms enter a monopolistically competitive market, profits of existing firms question 28 options: rise, and product diversity in the market increases. rise, and product diversity in the market decreases. decline, and product diversity in the market increases. decline, and product diversity in the market decreases. government-sponsored enterprises (gses) were created by the u.s. congress for what purpose? Carlo implemented some management changes that increased worker productivity in his company. This increased the _____ and led him to _____ workers. wall-to-wall carpeting is installed in a room that is ft long and ft wide. the edges of the carpet are held down by tack strips. how many feet of tack-strip material are needed? in a certain chemical the of zinc to copper is 4 to 15 if a jar contains 600 grams of copper how much zinc is there what is a disadvantage of using group bonuses? group of answer choices physical outputs are not rewarded. it reduces the level of cooperation between the members of the group. the performance measures used are narrow. it could result in competition among groups. it cannot be used to promote specific goals.