Answer : $3403.53
Detailed Solution:
<span>principal was 10,675
interest rate was 4.75% per year compounded annually.
additional $939.25 was paid in service charges.
payment on the principal plus interest is shown below:
pv = 10675
i = .0475/12 = .0039583333... per month.
n = 9 * 12 = 108 months.
fv = 0
pmt = 121.6635... per month
total finance charge would be (108 * 121.6635... + 939.25 - 10675).
that equals to 13139.66 + 939.25 - 10675 = 3403.91
</span>
The predicted value of the car in the year 2006 to the nearest dollar would be $651.
<h3>What is the predicted value of the car?</h3>
The first step is to determine the rate of depreciation
g = (FV/PV)^(1/n) - 1
Where:
FV = value of the car in 2001
PV = value of the car in 1993
n = number ofyears = 8
(2700/26,300)^(1/8) - 1 = -24.76%
Now determine the value of the car in 2006
2700x ( 1 - 0.2476)^5 = $651
To learn more about depreciation, please check: brainly.com/question/25552427
Answer:
720
Step-by-step explanation:
you would do 16 times 45
Answer:
4x -4 24
Step-by-step explanation:
Remember distribution, 4 × x then 4 x -6
