Ask your own question, for FREE!
Mathematics 13 Online
OpenStudy (anonymous):

margo's monthly payment on a loan is $1000. To refinance the loan, it will $1500 in fees and $850 each month. after how many months will the new loan save her money?

OpenStudy (amistre64):

after how many months will this save money eh...

OpenStudy (anonymous):

ya

OpenStudy (amistre64):

the first month cost her a total of 1500+850 = 2350 dollar; which is 1350 more than usual; and she is saving 150 each month;

OpenStudy (amistre64):

1350/150 = 135/15 = 27/3 = 9 9 months

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
VERNEISH: Two objects are moving along separate linear paths where each path is described by position, d, and time, t.
9 hours ago 0 Replies 0 Medals
Arriyanalol: i need help
1 day ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
1 day ago 8 Replies 2 Medals
Maci: what are the best stock apps for people who want to start investing?
4 days ago 3 Replies 2 Medals
Twaylor: genuienly how do i get better self control i keep watcing youtube and theres this
1 week ago 3 Replies 0 Medals
IzzyCookie: |dw:1792074056138:dw| Uhm, I don't know where to ask this, but I'm in college welding at my community college, and I need help learning vertical welding for
1 day ago 9 Replies 1 Medal
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Maci: what is your thoughts on qc reaching 10years lmk who the ogs
1 week ago 9 Replies 1 Medal
thehearken: not sure if this is considered spam, im sorry if it is, but does anyone have tips
1 week ago 2 Replies 1 Medal
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!