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:
True.
Step-by-step explanation:
Given,
4cos2 (4x) - 3 = 0
Now, 4π/24 = π/6
Or, cos π/6 = √3/2
Or, cos^2 π/6 = 3/4
Or, 4 cos^2 π/6 = 3
Now, Left Hand Side= 4cos2 (4x) - 3
= 3-3 =0 = Right Hand Side (Proved)
Here, Left Hand Side= Right Hanad Side. So, 4cos2 (4x) - 3=0 is true.
8.5 feet(12 inches per foot)= 102 inches total
There are 102 inches in 8.5 feet
Given:
The formula for total cost is
where, p is the price of item and s is the sales tax rate (as a percent).
You pay $14.77 for an item priced at $14.
To find:
The the tax rate.
Solution:
You pay $14.77 for an item priced at $14. So,
Total cost (T) = $14.77
Price of item (p) = $14
Putting T=14.77 and p=14 in given formula, we get
Multiply both sides by 100.
Divide both sides by 14.
Therefore, the tax rate is 5.5%.
I think that’s the answer
