subject
Mathematics, 05.05.2021 02:00 joelpimentel

Jane needs a short-term loan to buy a new washing machine. She needs to borrow $1500 at 20% compounded annually and plans to have it paid off in 1 year. Jane writes the formula 1500(1.2)t and finds out that this loan will cost her $1800. Which equation shows how Jane can rewrite the formula to find the annual percentage rate that would cost her the same amount if it compounded semi-annually?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
All per-unit concepts rely on ratios,meaning,to provide a type of measurement
Answers: 3
question
Mathematics, 21.06.2019 21:30
Select all the statements that apply to this figure
Answers: 2
question
Mathematics, 21.06.2019 22:00
There are 3232 forwards and 8080 guards in leo's basketball league. leo must include all players on a team and wants each team to have the same number of forwards and the same number of guards. if leo creates the greatest number of teams possible, how many guards will be on each team?
Answers: 2
question
Mathematics, 21.06.2019 22:00
Acaterer charges $500 plus $30 per guest to cater a wedding. walt and traci don't want to spend more than $8000 on catering. write and solve an inequality in terms of the number of guests, g, that can be invited. a) 30g ? 8000; g ? 267 b) 500g < 8000; g < 16 c) 500 + 30g < 8000; g < 250 d) 500 + 30g ? 8000; g ? 250
Answers: 1
You know the right answer?
Jane needs a short-term loan to buy a new washing machine. She needs to borrow $1500 at 20% compound...
Questions
question
Geography, 12.01.2020 16:31
question
Mathematics, 12.01.2020 16:31
question
Mathematics, 12.01.2020 16:31
Questions on the website: 13722367