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faust18 [17]
2 years ago
14

Make a down payment of $1500 and finance the rest of $20000 at 1.9% interest rate, making equal monthly payments for 5 years.

Mathematics
1 answer:
Rudik [331]2 years ago
7 0
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>
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3 years ago
Factor completely 56a2b3 − 35ab.
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I would start off by taking away 1a. That would make the problem be 56ab3-35b.I only took away 1 because each have at least 1a and is okay to do.


Next I would deal with the variable b. I would cross of 1 b. That's because both sides have at least 1b.  Now, it's shortened to be 56ab2-35.


Since you cannot take away anymore variables, you have to deal with 56 and 35. I start small with dividing each by 2. I am trying to see what the greatest number could be while making the numbers still be whole. That turns 56 into 28 when it's cut in half. The 35 now turns into 17.5.


I would assume your teacher would want the numbers to be whole. seeing as though when 35 is cut in half and makes a decimal number, I would leave them. What I mean by that is to leave the numbers as 56 and 35.


So, that means the answer is 56ab2-35.


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5 0
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What percent of 25 is12<br><br> And how do I work it
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Amount/Whole Amount * 100

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Read 2 more answers
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