1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inessa05 [86]
3 years ago
10

Caleb bought a car for $6,900. He agreed on a five-year loan at a 5.4% interest rate. Calculate what Caleb's monthly payments wi

ll be.
Mathematics
1 answer:
ExtremeBDS [4]3 years ago
8 0
P =AD,

P = Monthly payment
A = Cost of the car
D = [R/12]/[1-(1+R/12)^-12n], where R = Annual interest = 5.4% = 0.054, n = Number years = 5
Therefore,
D = [0.054/12]/[1-(1+0.054/12)^-12*5] = 0.019055

And,
P = 6,900*0.019055 = $131.48

Monthly payment will be $131.48.
You might be interested in
A store bought a kitchen play set for $34.93 and sold it for $89.25. What was the markup percentage? Round your answer to the ne
Svetradugi [14.3K]

Answer:

155.5%

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
Pls pls help I no understand
vazorg [7]

Answer: 2p+1.50=11.50

               p = 5.00

<u>Step-by-step explanation:</u>

<em>Note: the tip is calculated on top of the total so this figure is a redherring</em>

<u>2 pancakes</u> <em>plus</em> <u>1 fruit cup</u> <em>equals</em> <u>total bill</u>

          2p       +        1.50          =         11.50

2p + 1.50 = 11.50

<u>      - 1.50 </u> <u> - 1.50  </u>

 2p         = 10.00

<u>÷2          </u>    <u> ÷2       </u>

    p         =  5.00

8 0
3 years ago
2, 7, 7, 2, 2, 4<br> Mean<br> Median
maxonik [38]

Answer:

Mean= 4

Median= 3

Step-by-step explanation:

Mean

add all the numbers together (24)

and divide them by the number of numbers (6)

gives you 4

Median

put them in order from least to greatest

2,2,2,4,7,7

2,2  2,4   7,7

it leaves you between 2 and 4

which the middle is 3

so there

4 0
2 years ago
EVERYONE!! I HOPE YOU HAVE A WONDERFUL THANKSGIVING!! :D
Ne4ueva [31]
I hope you are having a great time too!!
(I know this is not a question so yeah)
5 0
3 years ago
Which of the following series is equal to the repeating decimal 0.353535…?
jolli1 [7]

Answer: 2.

Step-by-step explanation: This is because 35 is repeating forever.

6 0
2 years ago
Read 2 more answers
Other questions:
  • Jane left the school and started to bike along the road at a rate of 12 mph. Her friend Sally left the school 10 minutes after J
    12·2 answers
  • What is the answer for -7x= -96
    10·1 answer
  • Which relationships hold true for the sum of the magnitudes of vectors u and v, which are perpendicular
    15·1 answer
  • Please help with both Step by Steps!!!!
    5·1 answer
  • A(n) ______ specifies the phenomena of interest; indicates which variables are independent, alternative, antecedent, intervening
    11·2 answers
  • Mae Ling earns a weekly salary of $310 plus a 6.5% commission on sales at a gift shop. How much would
    14·2 answers
  • Plz help me with this Im timed will mark as brainliest
    13·2 answers
  • A single card is drawn from a standard 52 card deck.
    9·1 answer
  • What angle does an arc 5.5cm in length subtend at the center of a circle of diameter 7cm​
    5·1 answer
  • I need help with math
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!