1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yuri [45]
3 years ago
5

Mr. Jones purchased a refrigerator for x dollars under an installment plan. The plan requires Mr. Jones to make a 15% down payme

nt and monthly
payments of y dollars over a period of 24 months.
Use the given expressions to determine the finance charge that Mr. Jones paid.
24x - 0.85y
0.85x + 24y
0.15x
15y
24y - 0.85%
0.15x + 24y
(24y
15
0.85%
down payment
number of monthly payments
total amount paid as monthly payments
History
1 answer:
Nesterboy [21]3 years ago
8 0

Answer:

  • <u><em>24y - 0.85x</em></u>

<u><em></em></u>

Explanation:

The <em>finance charge</em> is the difference between the amount paid for the purchase with financing and the amount you would pay if you do not finance the purchase, that is, if you buy it in cash.

The amount paid with financing is the down payment plus all the montly payments. This is:

  • down payment + number of monly payments × montly payment
  • 15% of x dollars + 24 × y dollars = 0.15x + 24y

The amount that you would pay without financing is the price of the refrigerator:

  • x

The difference is:

  • 0.15x + 24y - x = 24y - 0.85x
You might be interested in
What was the consequence of the great rebellion
kirill115 [55]

both sides sufferd plus inocent people died due to the empire

hope this helps

~~apple

8 0
3 years ago
This graph shows changes in gross domestic
sashaice [31]

Answer:

The economy plummeted sharply in 1973

Explanation:

The economy actually grew in 1973 by 5.65%, but then it fell sharply, and fell byn -0.5 in 1974.

The reason for this drop was the 1973 oil crisis, after several Oil-exporting Arab Nations, launched an embargo against countries that had supported Israel in the Yom Kippur War, among these, the United States.

This embargo was very negative for the American economy, because the United States depended on these Arab Nations for its oil supply. Oil became scarce, which made energy, fuel, gasoline, and so on, more expensive. This naturally depressed economic activity because producing goods or services was now more expensive, or even impossible.

6 0
4 years ago
Which region's economy was dominated by trade?
tino4ka555 [31]
The correct answer is A, New England was dominated by trade. This was because sea ports were opened within this area which make it possible for goods to travel back and forth within places. The other regions were places of production of raw produce that were delivered to New England.
6 0
3 years ago
Read 2 more answers
Question 3 of 5
PSYCHO15rus [73]

Option A

  • Before our world had not been such globalised like today.
  • Today all domains and boundaries between the countries became virtual and world is looking so densed.

Option A

3 0
2 years ago
Why did President Abraham Lincoln appoint Ulysses S. Grant to lead the Union armies after firing other generals? 100 POINTS!!!
Natasha2012 [34]

Answer:

Y

Explanation:

U

7 0
3 years ago
Other questions:
  • Which statement is accurate about the Aztecs and the Spanish? A. The Aztecs admired Spanish culture and adopted many of its cust
    12·2 answers
  • How did Hilter gain and maintain power in their nation
    14·1 answer
  • What occurred when tariffs were high on Hawaiian exports in the 1890s?
    9·2 answers
  • Which two innovations helped the railroads grow?
    11·2 answers
  • Medieval serfs a. possessed no customary rights to cottages and farmland. b. owed their lord labor services. c. had the benefit
    5·1 answer
  • Which of these Roman structures has design elements similar to those used in modern athletic stadiums?
    11·2 answers
  • Which social philosopher stated that "People will do the right thing as a group"?
    7·2 answers
  • Who was the 10th president of the USa
    11·2 answers
  • What was one action that was taken by the first continental congress
    14·2 answers
  • Which presidents predecessor was also his successor?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!