Max won't be able to afford the payments.
Since Max found a car he wants to buy that costs $16,000, and he can afford to pay $ 250 a month for the car, and his bank offers him a car loan of 7.3%, and the length of his loan should be about 5 years, to determine if he can afford the payments, the following calculation must be performed:
- (16000 x 1.073 ^ 5) / (5 x 12) = X
- 22,757.187 / 60 = X
- 379.28 = X
Therefore, each monthly payment will be $ 379.28, so Max won't be able to afford the payments.
Learn more about maths in brainly.com/question/25927059
Answer:
5-5=0
Step-by-step explanation:
3 5\8 + 6 1\2 = 10 1/8 (Decimal 10.125)
SmartOasis
Answer:
In Grade 8, 17% of students liked running
Step-by-step explanation:
Although this table is incomplete, there are still enough information to answer.
First, we need to be aware that the data here is written in decimal numbers, which is another way to write percentages.
In other words, 100% equals to 1, which is to say that if we multiply decimal number with 100 we'll get the percentage:
0.39 = 39%
0.04 = 4%
Another important thing to establish is that the value of decimal number DOES NOT mean the number of people, it only suggests the ratio:
0.26 does not mean 26 people etc.
Knowing this, from this incomplete table, we see that 0.17 students from grade 8 liked running. And now we know that 0.17 equals to 17%, which makes B the correct answer.
