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den301095 [7]
3 years ago
6

Calculate the monthly payment for a 5-year car loan of $23,570 at 10.43% interest, compounded monthly. A. $247.44 b. $337.56 c.

$433.88 d. $505.79 Please select the best answer from the choices provided A B C D
Mathematics
2 answers:
earnstyle [38]3 years ago
7 0

The answer is D on E2020!! I just took the test, you can trust this answer

Mila [183]3 years ago
6 0

Answer:

The correct answer is option D

Step-by-step explanation:

The total amount to be paid when interest is compounded monthly

P(1 + \frac{r}{n})^{nt} \\= 23,570 (1 + \frac{\frac{10.43}{100} }{12})^{12 * 5} \\= 23, 570 * 1.68\\= 39597.6\\

The amount to be paid per month

= \frac{39597.6}{60} \\= 660

The nearest answer to this value is option D

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IgorLugansk [536]
Here, Add both the equations in order to eliminate y, 
5x = 10
x = 10/5
x = 2

Now, substitute it in 1st equation, 
8(2) - 4y = -32
-4y= -32- 16
y = -48/-4
y = 12

In short, Your Answer would be (2, 12)

Hope this helps!
5 0
3 years ago
What is the value of x in the solution of the system of equations below?<br>8x-y=20<br>Y=3x​
tatyana61 [14]

Answer:

x=4

where y =3x

8x-3x=20

5x=20

5x/5=20/5

x=4

4 0
3 years ago
Read 2 more answers
The city of Raleigh has 11700 registered voters. There are two candidates for city council in an upcoming election: Brown and Fe
Vesnalui [34]

Answer:

The sample statistic for the proportion of voters surveyed who said they'd vote for Brown is 0.308.

The expected numbers of voters who would vote for Brown is 3604.

Step-by-step explanation:

The sample statistic is a numerical quantity used to represent a characteristic of a sample. For example, sample mean is a sample statistic representing the average of the sample. Or, sample proportion is a sample statistic representing the proportion of a particular variable in the sample. Or sample variance is a sample statistic representing the variance of the sample.

The sample statistic can be used to estimate the population parameter.

They are known as the point estimate of the parameter.

The sample proportion of a variable <em>X</em> is given by:

\hat p=\frac{X}{n}

It is provided that of the <em>n</em> = 250 registered voters selected, the number of voters who said they would vote for Brown is <em>X </em>= 77.

Compute the sample statistic for the proportion of voters surveyed who said they'd vote for Brown as follows:

\hat p=\frac{X}{n}

  =\frac{77}{250}\\

  =0.308

Thus, the sample statistic for the proportion of voters surveyed who said they'd vote for Brown is 0.308.

Compute the expected number of people of the 11700 registered voters who would vote for Brown as follows:

E(X)=N\times \hat p

         =11700\times 0.308\\=3603.6\\\approx 3604

Thus, the expected numbers of voters who would vote for Brown is 3604.

6 0
3 years ago
Hello im in 8th grade and I need to get my grades up so anyone know the answer to
jolli1 [7]

Answer:

x = 3

Step-by-step explanation:

12x = 36

simply 12 will go to the other side and switches to the opposite sign for example + will be -

× will br ÷

so 36 ÷ 12 =3

x = 3

4 0
3 years ago
Find the slope of the line passing through the given points.<br> (-3,7) (-1,4)
Amiraneli [1.4K]

Answer:

I think that5 it is the secend one

Step-by-step explanation:

3 0
3 years ago
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