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
WITCHER [35]
3 years ago
12

You need to borrow $15,000 to buy a car, and you determine that you can afford monthly payments of $325. The bank offers three c

hoices: a 3-year
loan at 7% APR, a 4-year loan at 7.5% APR, or a 5-year loan a 8% APR. Which loan best meets your needs? Show your work and explain your reasoning.
Mathematics
1 answer:
Klio2033 [76]3 years ago
4 0

Answer:

the 5yr/ $270mth

Step-by-step explanation:

$15k × 8% = $1200 interest

$15k + $1200 = $16,200.00

$16500 ÷ 60months (5years) = $270/mth pymt

You might be interested in
What is a slope of -5,-10 and -1,5
Leno4ka [110]

Step-by-step explanation:

(-10-5)/([-5-(-1)]=

-15/-4=15/4=3.75

6 0
3 years ago
What is the constant rate of change of (5,80) (4,64) and (6,96)
sveticcg [70]

Answer:

16

Step-by-step explanation:

The existence of the constant rate of change is given the ratio of y to x is the same. Then:

k_{1} = \frac{80}{5}

k_{1} = 16

k_{2} = \frac{64}{4}

k_{2} = 16

k_{3} = \frac{96}{6}

k_{3} = 16

In consequence, the constant rate of change is 16.

8 0
2 years ago
In a 45-45-90 right triangle, what is the ratio of the length of one leg to the
8_murik_8 [283]
In a 45-45-90 triangle, both of the legs have the same length and the ratio of one leg to the hypotenuse is 1:sqrt(2).
7 0
2 years ago
If f(x)=2x, then f^-1(x)=
-BARSIC- [3]

f(x)=2x\to y=2x\\\\\text{change x and y}\\\\x=2y\\\\\text{solve for y}\\\\2y=x\qquad|:2\\\\y=\dfrac{x}{2}\\\\Answer:\ f^{-1}(x)=\dfrac{x}{2}

8 0
3 years ago
Which statement best describes the geologic features?​
vovangra [49]

Answer:

what are the options

Step-by-step explanation:

geologic features can occur anywhere on earth, these features are formed by the movements of earth's plates.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Each base angle is an isosceles triangle measures 55 degrees 30 minutes. Each of the congruent sides is 10 centimeters long. Est
    7·1 answer
  • 1. 8q + 6; q = 2
    14·1 answer
  • John inherited $25,000 and invested part of it in a money market account, part in municipal bonds, and part in a mutual fund. Af
    9·1 answer
  • On a busy day you clock into work at 6:45 am. You clock out for lunch at 12:30 pm. how long did you work before lunch
    7·1 answer
  • Determine the value of x ? i’m so bad at math. sorry
    6·1 answer
  • 2 and 1 fourth divided by 3 and 1 fifth simplified
    5·1 answer
  • Determine the intercepts of the line.<br> y + 5 = 2(x + 1)<br> y-intercept:<br> x-intercept:
    9·1 answer
  • Assume that we want to construct a confidence interval. Do one of the​ following, as​ appropriate: (a) find the critical value t
    5·1 answer
  • 2. A faucet for a 30-gallon bathtub fills at a rate of 3 gallons per minute.
    13·1 answer
  • When the expression 3(x²+6-3x) - (2x²-8) + 3(x² + 4x) is simplified, the coefficient
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!