Answer:
2
Step-by-step explanation:
Answer:
b and c
Step-by-step explanation:
i took the test
Answer:
B. $336.09
Step-by-step explanation:
Monthly payment = $876.09
Interest rate = 4.8%
Convert the annual interest rate to monthly rate = 4.8% / 12
Monthly rate = 0.4% or 0.004
Amount going towards interest payment = 0.004* loan amount
Interest = 0.004 * 135,000
Interest = $540
Therefore, from the monthly payment of $876.09 , $540 goes towards paying interest and the balance is the note reduction;
Note reduction = $876.09 - $540 = $336.09
Step-by-step explanation:
Part A:
car 1 => exponential function
car 2=> linear function
Part B:
car 1 => the function f(x) = 45,000 • (0.9)^x
car 2= > the function f(x) = 45,000 - (3,000)x
Part C:
after 13 years, the value of :
car 1 => 45,000 • (0.9)^13 = $ 11,438.40
car 2=> 45,000 - (3,000)(13) = $ 6,000
the difference is = 11,438.40 - 6,000
= $ 5,438.40
its better to Belinda to purchase car 1.
Answer:
he only got 93.333333333333% of what he thought he was going to get
Step-by-step explanation:
