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Ivanshal [37]
3 years ago
6

ALGEBRA Closeouts on the current-year model have the dealership offering 3-year leases with only $500.00 due at signing. The les

see must have approved credit and is responsible for $0.15 per mile over 12,000 miles per year. If the total lease cost is $9,050.00, how much is each monthly lease payment?
Mathematics
1 answer:
lakkis [162]3 years ago
6 0
Now, this question is a bit confusing. I hope what I did is correct though:
First, do 9050 - 500 (the amount given when signing)  = 8550
Then, do 8550 ÷ 36 (36 months = 3 years)                   = 237.50
So $237.50 should be your answer.

Hope this helps!


If I am wrong PLEASE tell me. I need to know. Because if I anything, I can ask my friend to erase this answer. 
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Answer:

We conclude that the 8 % of calls result in a sale.

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Step-by-step explanation:

We know  that 70% of calls arc not completed (the party does not answer or refuses to talk), that 20% result in talking to a woman, and that 10% result in talking to a man.  After that point, 30% of the women and 20% of the men actually buy something.

We calculate what percentage of calls result in a sale, and we get:

p=\frac{20}{100}\cdot \frac{30}{100}+\frac{10}{100}\cdot \frac{20}{100}\\\\p=\frac{6}{100}+\frac{2}{100}\\\\p=\frac{8}{100}

We conclude that the 8 % of calls result in a sale.

We know that the ratio of women to men talking on the telephone is 2:1.

We calculate a percent of sales are made to women, and we get:

w=\frac{2}{3}\cdot 8\\\\w=\frac{16}{3}\\\\w=5.3

We conclude that the 5.3% of sales are made to women.

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Check the picture below.

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