5836200 because it's rounded
We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
Answer:
1800
Step-by-step explanation:
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Answer:
i realy try my best here it
Rewrite the equation as
7
x
+
5
y
=
z
.
7
x
+
5
y
=
z
Subtract
5
y
from both sides of the equation.
7
x
=
z
−
5
y
Divide each term by
7
and simplify.
Tap for more steps...
x
=
z
7
−
5
y
7
Step-by-step explanation:
