1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
devlian [24]
9 months 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]9 months 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

You might be interested in
Given ln(y-4)=2t, solve for y
Julli [10]
The answer to this problem is Y=2t+4
5 0
3 years ago
What is the measure of ∠P, to the nearest degree?<br><br> 24°<br><br> 42°<br><br> 55°<br><br> 101°
Serhud [2]
I used cosine law and I got : 55°
4 0
3 years ago
Read 2 more answers
Find the x intercept of the parabola with vertex 3,-2 and y intercept 0,7 round to the nearest hundredth
12345 [234]
An x-intercept is namely a "solution" or "zero" or "root" often called, and when that happens, y = 0, just like with any other x-intercept.

\bf ~~~~~~\textit{parabola vertex form}&#10;\\\\&#10;\begin{array}{llll}&#10;\boxed{y=a(x- h)^2+ k}\\\\&#10;x=a(y- k)^2+ h&#10;\end{array}&#10;\qquad\qquad&#10;vertex~~(\stackrel{}{ h},\stackrel{}{ k})\\\\&#10;-------------------------------\\\\&#10;\begin{cases}&#10;h=3\\&#10;k=-2&#10;\end{cases}\implies y=a(x-3)^2-2&#10;\\\\\\&#10;\textit{we also know that }&#10;\begin{cases}&#10;x=0\\&#10;y=7&#10;\end{cases}\implies 7=a(0-3)^2-2&#10;\\\\\\&#10;9=9a\implies \cfrac{9}{9}=a\implies 1=a\qquad therefore\qquad \boxed{y=(x-3)^2-2}

so what is its x-intercept anyway?

\bf \stackrel{y}{0}=(x-3)^2-2\implies 2=(x-3)^2\implies \pm\sqrt{2}=x-3&#10;\\\\\\&#10;\pm\sqrt{2}+3=x\qquad therefore\qquad (\pm\sqrt{2}+3~~~~,~~~~0)
5 0
2 years ago
“Sarah made the trip in 10 hours, but it only took Alice 8 hours to make the same trip. Find Sarah and Alice's rates if Alice's
Mnenie [13.5K]

Answer:

I belive it would be 28 mph.


4 0
2 years ago
TunsAXP what is the value of x when x = 13
Advocard [28]

Answer:

the value of x would be 13

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Twins Bruno and Charlie both work at the same restaurant for an hourly rate. Bruno earns minimum wage as a dishwasher, while Cha
    15·1 answer
  • PLEASE HELP!!! Calculate S12 for the geometric series 4 + 10 + 25 + ...
    7·2 answers
  • Someone finish this rq
    8·1 answer
  • Read the problem in the box below. See if you can figure out the most logical
    10·1 answer
  • Can Anyone tell me whats going on in this picture
    15·2 answers
  • Just help me please mates.
    7·1 answer
  • PLEASE HELP PROBLEM IN PHOTO!
    6·2 answers
  • 5.<br> Solve the equation<br> 15 - 4x = 2(3x + 1).
    13·1 answer
  • On a family road trip, Mr. Peters travels 130 miles in 2 hours. At this rate, how many miles will he travel in 30 minutes? (HINT
    9·1 answer
  • What value of x makes this equation true? -80= -120 + X​
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!