Answer:
value of buyout is $4185.74
Step-by-step explanation:
given data
car worth = $25077
down payment = $3560
monthly payment = $336 = 336 × 6 = $2016 per semi annually
time = 5 year = 10 half yearly
rate = 4.04 %
to find out
value of final buyout
solution
we know here loan amount will be 25077 - 3560 = $21517
and we find present value first by formula that is
present value = 
put here t = 10 and r = 
so
present value = 
present value = 18089.96
so
loan unpaid amount is here
loan unpaid amount = 21517 - 18089.96
loan unpaid amount = $3427.04
so
now we calculate value of buyout
that is express as
amount = principal × 
amount = 3427.04 × 
amount = 4185.74
so value of buyout is $4185.74
Answer:
125
Step-by-step explanation:
f(1)= the first time (32,000)
n= 9
r= .5 (each term is being mulitplied by .5 to get the next one
We have
32,000*(.5)^(9-1)
32,000*(.5)^8
=125
Answer: Critical Thinking.
Step-by-step explanation:
Critical thinking is the process of conceptualizing, applying, analyzing, synthesizing, and/or reviewing data acquired from, or generated by, observation, experience, reflection, reasoning, or communication actively and skillfully as a guide to intellectually disciplined belief and action.
X= 18
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