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devlian [24]
1 year ago
7

Consumer Math TestYou borrow $13,000 to buy a car. You borrow the money for 4 years and the interest rate is 2.5%. How much inte

rest will you pay? And what is the final price of the car?
Mathematics
1 answer:
enot [183]1 year ago
4 0

Answer:

You will pay $1,300 in interest.

The final price of the car is of $14,300

Step-by-step explanation:

Simple interest formula:

I=P\ast r\ast t

In which:

I is the interest

P is the principal(initial value of the investment, amount borrowed,...)

r is the interest rate, as a decimal

t is the time, in years.

In this question:

Borrow $13,000, so P = 13000

4 years, so t = 4

Interest rate of 2.5%, so r = 0.025

I=13000\ast0.025\ast4=1300

You will pay $1,300 in interest.

Final price of the car:

Principal plus interest.

T=P+I=13000+1300=14300

The final price of the car is of $14,300

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leonid [27]

Answer:

  • The value of a = 5.8
  • The value of b = 4.4

Step-by-step explanation:

Given

7.2, a, b, 3 are in A.P

2a = 7.2+b

b = 2a - 7.2

as

a, b, 3 are also in A.P

2b\:=\:a\:+\:3

Putting b = 2a - 7.2

2\left(2a-7.2\right)=a+3

4a-14.4=a+3

\mathrm{Add\:}14.4\mathrm{\:to\:both\:sides}

4a-14.4+14.4=a+3+14.4

4a=a+17.4

4a-a=a+17.4-a

3a=17.4

\mathrm{Divide\:both\:sides\:by\:}3

\frac{3a}{3}=\frac{17.4}{3}

a=5.8

Now, plugging a=5.8 in b = 2a - 7.2

b=2\left(5.8\right)-7.2

b=2\cdot \:5.8-7.2

b=11.6-7.2

b=4.4

Therefore,

  • The value of a = 5.8
  • The value of b = 4.4
4 0
3 years ago
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Answer:

A is the answer

5 0
3 years ago
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Answer:

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Step-by-step explanation:

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Answer

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alina1380 [7]

Answer:

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