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ivolga24 [154]
4 years ago
8

Solve the inequality 48 < –3x.

Mathematics
1 answer:
emmasim [6.3K]4 years ago
3 0
A. x > -16

46/-3=16

and because you're dividing by a negative number you have to flip the sign
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Answer:

Since the finance’s monthly required payment of $304.07 is greater than the $250 monthly that you can afford, this implies that you CANNOT afford to purchase the car on finance.

Step-by-step explanation:

The monthly required payment of the finance can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

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Where;

PV = Present value or finance amount = $12,000

M = Finance’s monthly required payment = ?

r = Monthly interest rate = Annual interest rate / 12 = 17.9% / 12 = 0.179 / 12 = 0.0149166666666667

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Substitute the values into equation (1) and solve for M, we have:

$12,000 = M * ((1 - (1 / (1 + 0.0149166666666667))^60) / 0.0149166666666667)

$12,000 = M * 39.464764662266

M = $12,000 / 39.464764662266 = $304.07

Since the finance’s monthly required payment of $304.07 is greater than the $250 monthly that you can afford, this implies that you CANNOT afford to purchase the car on finance.

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3 years ago
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