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:The answer is negative three
Step-by-step explanation:
$279.84 interest is earned
Answer:
Step-by-step explanation:
A.f(x) =(x-1)^2 is even because of that even exponent, 2.
b. F(x)=8x is odd because x has the exponent 1.
c.f(x) =x^2-x is neither even nor odd
d.f(x)=7 is even because the exponent is even: 7^0
Answer: The Quick shuttle has a greater initial value
Step-by-step explanation:
The We-Drive Shuttle has a initial value of $20 and the Quick Shuttle has an inital value of $30
