Answer:4.7
Step-by-step explanation:
Answer:
(A)
Step-by-step explanation:
Cost of car = $21,349
Down payment = $3000
Remaining amount left = $18,349
Monthly payments (A) = $352
n = Total periods = 5years = 5*12= 60
P(loan amount) = 18,349
r = rate of interest monthly = r/12
Using formula, A = 
352 = [tex]\frac{18349\frac{r}{12} }{1-(1+\frac{r}{12})^{-60} }[/tex
= 0.059(approx)
Annual percentage rate = 5.9%
#1
you can divide both by 2
9:2
#2
you can multiply them by 2
36:8
#3
and just for fun, you can divide them by4
4.5:1
<span>The
question here is why using either compatible numbers or rounding as a method
for estimation would be the same?
Well, we use rounding as a method of estimation to get a solution in a certain
equation faster yet the same.
For example, in the given equation we have 32 x 695
=> Instead of 32, we can use 30
=> instead of 695, we can use 700
=> 30 x 700
=> the answer is 21 000
Now, let’s multiply the exact number
=> 32 * 695
=> 22 240
Not, really exact yet close.
That’s how estimation works.
</span>
