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]
2 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]2 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
HELP PLEASE!! Which philosophy did Tang rulers apply to govern their empire? Buddhism Hinduism Confucianism Daoism
sashaice [31]
Im pretty sure its Confucianism
8 0
3 years ago
Following the Opium Was, what were the outcomes of the Treaty of Ninijing?
GaryK [48]

Answer:

Treaty of Nanjing, (August 29, 1842) treaty that ended the first Opium War, the first of the unequal treaties between China and foreign imperialist powers. China paid the British an indemnity, ceded the territory of Hong Kong, and agreed to establish a “fair and reasonable” tariff. British merchants, who had previously been allowed to trade only at Guangzhou (Canton), were now permitted to trade at five “treaty ports” and with whomever they pleased (see Canton system). The treaty was supplemented in 1843 by the British Supplementary Treaty of the Bogue, which allowed British citizens to be tried in British courts and granted Britain any rights in China that China might grant to other countries. See also British East India Company; Lin Zexu.

3 0
3 years ago
What did Pope gregory VII do to change the balance of power in the medieval period?
aleksley [76]
The correct answer for this question is this one: "2. appointed his own archbishops"

Pope gregory VII do to change the balance of power in the medieval period is that he appointed his own archbishops. In this way, he have to decide carefully.
Hope this helps answer your question and have a nice day ahead.
4 0
3 years ago
Read 2 more answers
Does anyone have the answers to civilization Asia unit test
mars1129 [50]
Yes what is the question 

8 0
3 years ago
I was told to choose if i wanted to live in Aztec, Inca, or Maya period. I chose Aztec but i need help on why i chose it. Why di
Lera25 [3.4K]
Well, all the civilizations did sacrifices, but ( you may need to check just be sure) i think the Incans did the least of it. The Mayans did it a bit more regularly then the Incans and the Aztecs did the most. hope this helps!
3 0
2 years ago
Other questions:
  • Which was a direct effect of the feudal system in medieval europe?
    7·1 answer
  • Why do people with similar views on an issue or cause form a special interest groups
    12·2 answers
  • Based on the map, how would you expect the trade depicted by the routes and the formation of trade networks to affect the cultur
    15·1 answer
  • A direct effect of gaining the right to vote was that women sought equality in other areas. became interested in political issue
    7·2 answers
  • The Suffolk Resolves called for a boycott of all British trade.<br> True or False
    7·2 answers
  • What is meant by the statement, “Rights are not absolute”? Give an example of a right that is not absolute, and explain why this
    6·1 answer
  • Which option completes the summary of Mansa Musa's rule?
    10·1 answer
  • Worlds first empire akkaidian or Babylonian
    13·1 answer
  • Which of the following is an example of domestic policy?
    13·2 answers
  • What women CAN'T do in 1848
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!