Nathan Reynolds bought a car for $15,000. He made a down payment of $3,000. Nathan secured a loan for the balance of the purchase price at 8 percent interest for four years.
determine the monthly payment and total interest
Answer:
1) The monthly payment is approximately $292.96
2) The total interest is approximately $2,061.84
Step-by-step explanation:
1) The financing method Nathan Reynolds applied to buy the car is given as follows;
The purchase price of the car = $15,000
The down payment made for the car = $3,000
The
The interest on the loan he took for the balance of the purchase price, R = 8%
The number of years for which he took the loan, n = 4 years = 48 months
We have;
The balance of the purchase price = (The purchase price of the car) - (The down payment made for the car)
∴ The balance of the purchase price = $15,000 - $3,000 = $12,000
The balance of the purchase price = $12,000 = The loan Nathan secured
The monthly payment on a loan is given by the following formula
[tex]A = P \times \dfrac{r \cdot (1 + r)^n}{(1 + r)^n - 1}[/tex]
Where;
A = The payment amount made monthly
P = The principal or loan amount = $12,000
r = The interest rate divided by 12 = R/12 = 8/12 = 2/3
n = The number of months the monthly payment will be made = 48 months
By plugging in the variable values, we get;
[tex]A = 12,000 \times \dfrac{\dfrac{2}{300} \times \left (1 + \dfrac{2}{300} \right ) ^{48}}{ \left (1 + \dfrac{2}{300} \right )^{48} - 1} = 292.955068099 \approx 292.96[/tex]
Therefore, the payment amount made monthly, A ≈ $292.96
2) The total payment made in the 48 months = A × 48 = 292.955068099 × 48 ≈ 14,061.84
The total payment made in the 48 months ≈ $14,061.84
The total interest = (The total payment made in the 48 months) - (The loan amount)
∴ The total interest = $14,061.84 - $12,000 ≈ $2,061.84
If it costs $300 to tile a 420 square foot room, how much will it cost to tile a
room with 1,050 square feet?
Answer:
750$
Step-by-step explanation:
[tex]Amount= 300*\frac{1050}{420} =750[/tex]
It will cost approximately $750.01 to tile a room with an area of 1,050 square feet.
To find out how much it will cost to tile a room with 1,050 square feet, we can set up a proportion using the given information.
Cost₁: The cost to tile the first room with an area of 420 square feet, which is $300.
Area₁: The area of the first room, which is 420 square feet.
Cost₂: The cost to tile the second room with an unknown area, which we want to find.
Area₂: The area of the second room, which is 1,050 square feet.
We can set up the proportion:
Cost₁ / Area₁ = Cost₂ / Area₂
Substituting the known values:
$300 / 420 sq ft = Cost₂ / 1,050 sq ft
Now we can solve for Cost₂:
Cost₂ = ($300 / 420 sq ft) * 1,050 sq ft
Calculating:
Cost₂ = $0.7143 * 1,050 sq ft
Cost₂ ≈ $750.01
Therefore, it will cost approximately $750.01 to tile a room with an area of 1,050 square feet.
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Please help
What is 2 2/3 - 4/5
Answer:
1 13/15 yards
Step-by-step explanation:
2*3 = 6
6+ 2 = 8
8/3 * 5 = 40/15
4/5 * 3 = 12/15
40-12 = 28
28/15 = 1 13/15
Answer:
[tex]1 \frac{13}{15}[/tex]
Step-by-step explanation:
We have two fractions and are being asked to subtract them.
Since 2 2/3 and 4/5 don't have the same denominator, we must use the LCM expression, which means to find the lowest common multiple. So what is the lowest multiple of 3 and 5, this would be 15.
[tex]\frac{8*5}{3*5} - \frac{4*3}{5*3}[/tex]
[tex]\frac{40}{15} - \frac{12}{15}[/tex]
Now subtract :
[tex]\frac{28}{15}[/tex]
[tex]1\frac{13}{15}[/tex]
Please help me solve this
Answer:
Q. 11 x=29
Q. 12 x=24
Step-by-step explanation:
Q.11
sum of all sides of triangle = 180°
(2x+20)+(x+10)+(2x+5)=180°
5x+35=180°
5x=180°-35
5x=145°
x=145/5
x=29°
Q.12
sum of all sides of triangle=180°
96+(2x)+(x+12)=180°
3x+108=180°
3x=180-108
3x=72
x=72/3
x=24
Vera claimed the solution set on the number line represents the inequality Negative 78.9999 greater-than-or-equal-to x.
A number line going from negative 83 to negative 77. A closed circle is at negative 79. Everything to the left of the circle is shaded.
Which error did Vera make?
Vera wrote the inequality with the variable on the left side of the relation symbol.
Vera wrote a relation symbol that does not represent the direction of the ray.
Vera selected an inequality that does not include –79 in its solution set.
Vera used the wrong number in her inequality.
Answer:
Step-by-step explanation:
Vera used the wrong number in her inequality.
Please note this question was very confusing for me.
Answer:
D
Step-by-step explanation:
The person above me is right, but if you wanted to know the letter, it's D
:D
1/2{x-1/6}+2/3=5/6+1/3 (1/2-3x)
Answer:
I think it's correct but tell me if I'm wrong
What Does 6 More Than X Mean
Answer:
if x is an unknown number you know that it is 6 more than the unknown number
Step-by-step explanation:
The price of a plain bowl plus the price
of
extra ingredients equals $
Answer:3,13
Step-by-step explanation:the price of the bowl is 10$ then you add 3 extra ingredients for a dollar each 10+3=13
Answer:
3,13
Step-by-step explanation:
In a supermarket, bottles of lemonade are on a buy one get one half price offer.
The normal price of lemonade is 76p.
How much would it cost to get exactly three bottles of lemonade using this offer?
Answer:
114p
Step-by-step explanation:
I did the math, I really hope it's correct
The cost to get exactly three bottles of lemonade using the offer will be [tex]190p[/tex] .
What is expression ?Expressions is a finite combination of symbols that is well-formed according to rules that depend on the context.
We have,
Normal price of bottle [tex]=76p[/tex]
And,
Offer is buy one get one half price.
So,
According to the question,
Normal price of one bottle [tex]=76p[/tex]
Half price of one bottle [tex]=\frac{76p}{2}=38p[/tex]
So,
Price of three bottles [tex]=76*2+38[/tex]
[tex]=190p[/tex]
So, Price of three bottles is [tex]190p[/tex] .
Hence, we can say that the cost to get exactly three bottles of lemonade using the offer will be [tex]190p[/tex] .
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Which of the relations has a domain of {-5, 0, 5}?
A. {(-5, 5), (0, 5), (5,5)}
B. {(0, -5), (0, 0), (0, 5)}
C. {(-5, 0), (0, 5), (1, 0)}
Answer:
B
Step-by-step explanation:
its that how you would look like if you were anime sorry was looking at your pf. have a nice day
one of mr jones autographed baseballs is worth $55.00. if the value increases by 3% in the next year, what will be the new value of the baseball
Answer:
56.83?
Step-by-step explanation:
The new value of the baseball is $56.65.
Given that, the cost of baseballs = $55.00 and the value increases by 3% in the next year.
What is percentage?Percentage is defined as a given part or amount in every hundred. It is a fraction with 100 as the denominator and is represented by the symbol "%".
Now, new value = 55+3% of 55
= 55 + 0.03 × 55
= 55 + 1.65
= $56.65
Therefore, the new value of the baseball is $56.65.
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In ΔRST, the measure of ∠T=90°, TS = 65, SR = 97, and RT = 72. What ratio represents the cotangent of ∠S?
Answer:
65/72
Step-by-step explanation:
Given that ∠T=90° then the triangle ΔRST is a right angled triangle. Considering ∠S, RT is the opposite side, TS is the adjacent side and RS is the hypotenuse side. Using the notation
SOH CAH TOA
Tan ∠S = 72/65
Hence the cotangent of ∠S which is the inverse of the tangent will be
= 65/72
1 Which of the following could be the sides of a right triangle? Check all that apply. A. 10, 24, 26 B. 4, 5, 9 C. 18, 24, 30
Answer:
A and C
Step-by-step explanation:
Let Triangle ABC is a right angle traingle.
From Option A
AB= 24, BC= 26 and AC=10
By Pythagorean Triplet
(AB)^2 + (AC)^2 = (24)^2 + (10)^2
= 576+100
(AB)^2 + (AC)^2 = 676 ---------------- (I)
(BC)^2 = 26^2 = 676 -------------------(ii)
From (I) and (ii)
(BC)^2 = (AB)^2 + (AC)^2
Therefore, the sides 10,24 and 26 are the sides of the right angle triangle.
From Option C
AB= 18, BC= 30 and AC=24
By Pythagorean Triplet
(AB)^2 + (AC)^2 = (18)^2 + (24)^2
= 324+576
(AB)^2 + (AC)^2 = 900---------------- (I)
(BC)^2 = 30^2 = 900 -------------------(ii)
From (I) and (ii)
(BC)^2 = (AB)^2 + (AC)^2
Therefore, the sides 18, 24 and 30 are the sides of the right angle triangle.
Convert to equation: four times a number increased by 8 is 24
Answer:
4*4
Step-by-step explanation:
since 4 times 4 is 16 then if you add 8 its 24
(x^2+3x^2-kx-24)÷(x+3) what's the value of k??
Answer:
-4
Step-by-step explanation:
since x+3 is a factor of the polynomial (x^2+3x^2-kx-24), then;
x+3 = 0
x = -3
Substitute x = -3 into the polynomial
x^2+3x^2-kx-24 = 0
(-3)^2+3(-3)^2-(-3)k-24 = 0
9 + 27 + 3k - 24 = 0
36-24 + 3k = 0
12 = -3k
k = -12/3
k = -4
Hence the value of k is -4
You buy a car in 2017 for $25,000. The value decreases by 16% each year. How much will the car be worth
in 2022? Round your answer to the nearest penny, 2 decimal places.
Answer:
The appropriate answer is "10,455.29856".
Step-by-step explanation:
According to the question,
The time will be:
⇒ t = [tex]2022-2017[/tex]
⇒ = [tex]5[/tex]
On applying formula, we get
⇒ [tex]f(t)=25000(1-.16)^t[/tex]
On substituting the value of "t", we get
⇒ [tex]f(5)=25000(1-.16)^5[/tex]
⇒ [tex]=25000(0.84)^5[/tex]
On solving the power, we get
⇒ [tex]=25000\times 0.4182119424[/tex]
⇒ [tex]=10,455.29856[/tex]
pls help! marking brainliest!!
Answer:
x = 52
Step-by-step explanation:
∡RQS = 180 - (90 + 34)
∡RQS = 56°
∡PQS + ∡RQS = 180°
∡PQS = x + 72
x + 72 + 56 = 180
x + 128 = 180
x = 52
Is 14,48,50 a Pythagorean triplet
Step by step explanation please
Answer:
yes
Step-by-step explanation:
If the values are a Pythagorean triplet then the square of the largest value should equal the sum of the squares of the other 2
largest value = 50 ⇒ 50² = 2500
14² + 48² = 196 + 2304 = 2500
Since 50² = 14² + 48² then 14, 48, 50 are a Pythagorean triplet
35= h(b1+b2) solve for b2
Answer: look at the picture and I don’t know how to solve for b but I can do h
Step-by-step explanation: hope this help :)
Answer:
i dont know
Step-by-step explanation:
i dont know
The table shows the balance of an account each year.
Years Balance
0 $40
1 $42
2 $44
3 $46
What is the interest rate of the account? What is the balance after 10 years?
Answer:
The interest rate is $2, the balance after 10 years will be $60.
Step-by-step explanation:
Each year the balance of the account increases by $2, so that would be the interest rate. After 10 years, the account will have 40 + 2 * 10 which equals $60.
The cash register subtracts $4.00 from a $20 Coffee Cafe gift card for every medium coffee the customer buys. Use the graph to write an equation in slope-intercept form to represent this situation
what is 4876398 -742 x 2+4769-1
Answer: 4,879,682
Step-by-step explanation:
Answer:
4,879,682
Step-by-step explanation:
What is the product of these two binomials?
(x^2 - 5)(2x - 1)
Step-by-step explanation:
Please refer to the attachment
SO HARDDD
What is the square root of 267.8?
lol
“Stay close to anything that makes you glad you are alive.” – Hafez.
C h a t here Bradyn and Lis, plz. I keep getting logged out when I use the other one :p
Answer:
16.3645959315
Step-by-step explanation:
HOW PLEASE EXPLAIN TOO WITH ANSWER
Answer:
y = -2x + 3
Step-by-step explanation:
5 x -2 + 3 = -7
3 x -2 + 3 = -7
9 x -2 + 3 = 1
-3 x -2 + 3 = 9
You just have to test all of the options, everything, out and pick what fits.
Hope that helps!
An icecream factory makes 140 quarts in 10 hours . How much can be made in 12 ?
Find quarts per hour:
140 quarts / 10 hours = 14 quarts per hour.
Now multiply quarts per hour by hours:
14 quarts per hour x 12 hours = 168 quarts
help plz i’ll give extra points
Answer:
A
Step-by-step explanation:
determine if JK and LM are parallel, perpendicular,or neither . HELP AND PLS SHOW WORK !!
Answer:
1) not parallel
2)not parallel
Step-by-step explanation:
fist one intersect already
and second one will eventually intersect
Answer:
1 - Perpendicular.
2 - Neither.
Step-by-step explanation:
Use the slop formula to find the slope of the two sides.
[tex]m = \frac{y_{2}-y_{1} }{x_{2}-x_{1} }[/tex]
[tex]JK = \frac{4-9}{7-1} = \frac{-5}{6}[/tex]
[tex]LM = \frac{1-13}{-2-8} = \frac{-12}{-10} = \frac{6}{5}[/tex]
Perpendicular - because a line that is perpendicular to another must have a slope that is the negative reciprocal of the first line.
[tex]JK = \frac{6-(-5)}{2-13} = \frac{11}{-11} = 1[/tex]
[tex]LM = \frac{-2-(-5)}{-4-(-1)} = \frac{3}{-3} = -1[/tex]
Not Parallel. Nor perpendicular.
If a bag contains 18 red, 6 yellow, 24 blue, and 8 white balloons, what is the part-lo-whole ratio of white balloons to
all balloons?
A)
1:5
B)
1:6
C)
1:7
D)
1:8
Answer:
1:6
Step-by-step explanation:
1:6
I hope this answer is correct
Does anyone know if I did this right?? Please help me
Answer:
you did this right
Step-by-step explanation: