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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
Stodoła składa się z 1259 cegieł. Druga stodoła ma o 347 cegieł mniej. Trzecia ma o 567 cegieł więcej od pierwszej stodoły a czw
mel-nik [20]

Answer:

Second barn: 912 bricks

Third barn: 1826 bricks

Fourth barn: 1402 bricks

Step-by-step explanation:

(English question: The barn consists of 1259 bricks. The second barn has 347 bricks less. The third has 567 bricks more than the first barn and the fourth barn has 490 bricks more than the second barn. How many bricks consists of the second, third and fourth barn.)

If the second barn has 347 bricks less than the first barn, so the second barn has:

1259 - 347 = 912 bricks

The third barn has 567 bricks more than the first barn, so the third barn has:

1259 + 567 = 1826 bricks

The fourth barn has 490 bricks more than the second barn, so the fourth barn has:

912 + 490 = 1402 bricks

8 0
3 years ago
PLEASE HELP!!<br><br> Only answer if you're absolutely correct, please and thank you.
Elis [28]

Answer:

1 is multiplication

2 is addition

3 is simplification

4 is division

5 is simplification

Step-by-step explanation:

8 0
1 year ago
you buy 5 notebooks and a backpack. the cost of the backpack is $27.25. you pay 6% in sales tax on your purchase, and yout total
saw5 [17]
That's the answer i hope i got it write!!





↓↓↓↓↓↓↓↓

6 0
3 years ago
HELPPPPPPP ASAPPPPPPPP PLSSSS
Novay_Z [31]

Answer:

the first one is. hope helps

5 0
3 years ago
Find the measure of each bolded arc. Round to the nearest hundredth
vladimir1956 [14]

Answer:

Arc Length = 68.7

Step-by-step explanation:

The formula that is used to find the arc length:

s = (θ/360) * 2πr

(You would get the value of θ, by subtracting 57 from 360)

(You would get r by dividing 26 by 2)

Now we can solve this;

s = (303/360) 2π(13)

s = 0.842 * 2π(13)

s = 0.842 * 0.283(13)

s = 68.7

Hope this helps!

5 0
3 years ago
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