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:
1. Quotient; 5.25
2. Divisor; 4.994
3. Dividend; 36.98
4. Quotient; 12.85
5. Divisor; 2.43
6. Divisor; 75.36
Step-by-step explanation:
Answer:
I know this is not exactly what your looking for but if you make a line and put all the points from 4+3i to 6-2i then you can find the distance between them.
Step-by-step explanation:
I'm so sorry that I don't really know the answer
Pls forgive me
Answer:
10000 (Typo)
Step-by-step explanation:
I assume you mean to ask how to find the sum of the seven terms?
You have
...
So the sum is
You know that
and
, so the sum is equal to
