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cestrela7 [59]
3 years ago
13

evan purchased a boat for $8825. He made a down payment of $2500. He applied for a three-year installment loan with an interest

rate of 10.2%. What is the total cost of the boat after three years
Mathematics
1 answer:
Gekata [30.6K]3 years ago
5 0
The present worth of the boat is $8825. The interest rate is 10.2% and it's not stated whether or not the interest is nominal, so we assume it's annual and effective. We use the formula:
F = P (1 + i)^n
where F is the future worth
P is the present worth
i is the effective annual interest rate
n is the number of years

Substituting:
F = 8825(1 + 0.102)^3
F = 11810.26

The future worth of the boat is 
$11,810.26
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#40 please! Thank you.
lisov135 [29]
Well he and the cart together weigh: 210+95=305.
The weight left for boxes is: 4,000-305=3,695.
Total weight of boxes is: 50·275=13,750.
Divide the weight of boxes by how much is left for the elevator: 13,750/3,695=3.72
Since 3.72 is more than 3 he would have to make 4 trips to safely do so :)
5 0
3 years ago
For the following system of equations, what is the x-value of the solution? -x+2=6 6y=x+18
AlexFokin [52]

Answer:

Option B is correct.

The value of x is, 0

Step-by-step explanation:

Given the system of equation:

-x+2y =6                 .....[1]

6y =x+18               ......[2]

We can write equation [1] as;

-x = 6-2y  or

x = -6 + 2y                  ......[3]

Substitute equation [3] in [2] we get;

6y =-6 + 2y + 18

or

6y = 2y +12

Subtract 2y from both sides we get;

6y -2y = 2y+ 12 -2y

Simplify:

4y = 12

Divide both sides by 4 we get;

\frac{4y}{4} =\frac{12}{4}

Simplify:

y =3

Substitute the value of y in equation [3] to solve for x;

x = -6 + 2(3)

x = -6 +6 = 0

Therefore, the value of x is, 0



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