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
pshichka [43]
3 years ago
15

6. Using the Loan Calculator and the 1.9% APR offer, how much will Molly’s monthly payment be?

Social Studies
1 answer:
Dafna11 [192]3 years ago
8 0

Answer:

The complete question is found below:

Molly saw the following deal on the Jeep website and is interested in calculating what her monthly payments ... If Molly has a $2500 down payment saved for this purchase, and assuming the $1500 Cash Allowance will apply... Use the loan calculator to determine how much will Molly's monthly payment be?

Note that the price of the cash as seen in the attached is $25,495

Repayment is for 84 months

Molly's monthly payment is $273.49  

Explanation:

The amount of finance=car price-cash allowance-down payment

the amount of finance=$25,495-$1,500-$2,500=$21,495.00  

Monthly payment can be determined using excel pmt formula

=pmt(rate,nper,-pv,fv)

rate is rate per month 1.9%/12=0.001583333

nper is 84 months

pv is the amount of finance which is $21,495.00

fv is the total repayment which is unknown

=pmt(0.001583333 ,84,-21,495,0)=$273.49  

You might be interested in
Money paid to workers I. Me spot
const2013 [10]

Answer: Salary

Explanation:  The salary is the remuneration that a worker receives for the service he performs, the value of this salary is variable according to the contract signed between the employer and the employee.

5 0
3 years ago
When the Sun heats water in rivers, lakes, and oceans, it evaporates and changes from a liquid to a gas. Once the gaseous water,
Serggg [28]
The condensation stage is when precipitation exists.
5 0
3 years ago
Farmer joe only breeds the largest hogs, the fastest horses, or the cows that give the most milk. this is an example of:________
saul85 [17]

Farmer joe only breeds the largest hogs, the fastest horses, or the cows that give the most milk. this is an example of artificial selection.

The process by which humans select individual organisms with specific phenotypic trait values for breeding is known as artificial selection. If the selected trait has additive genetic variance, it will respond to selection, i.e., the trait will evolve. All of our domesticated species, including crop plants, livestock, and pets, are the result of selective breeding for desirable traits such as hardy seeds and fruits, increased meat and milk production, and docile behavior.

Although the earliest artificial selection was unintentional, it evolved into a sophisticated science of plant and animal breeding; indeed, much of the field of quantitative genetics was developed to improve breeding programs.

Learn more about artificial selection here:

brainly.com/question/12560443

#SPJ4

7 0
1 year ago
How did the Atlantic revolutions influence subsequent movements that spread throughout Europe in the nineteenth century? All wer
Kruka [31]

Answer:

Option A

All were focused on republicanism and social uniformity.

Explanation:

  • They spread broadly the goals of progressivism, republicanism, the topple of nobilities, lords and built up temples.  
  • They stressed the widespread standards of the Enlightenment, for example, the uniformity everything being equal, including equivalent equity under law by uninvolved courts rather than specific equity passed on at the impulse of a neighborhood honorable.
  • They demonstrated that the cutting edge thought of insurgency, of beginning crisp with a profoundly new government, could really work by and by. Progressive mindsets were conceived and keep on thriving to the present day
5 0
3 years ago
What is the difference between theocracy and dictatorship
Arte-miy333 [17]
In a dictatorship, power rests in the hands of an individual or a small group that tells everyone else what to do. In a totalitarian system, a dictatorial government closely controls every aspect of a citizen's life. In a theocracy, religious leaders control government.
4 0
3 years ago
Other questions:
  • Collective ownership by all the people of the factories, mills, mines, railroads, land, and all other instruments of production.
    6·1 answer
  • To what extent do cabinet heads control the bureaucracy?
    11·1 answer
  • Equity securities a. pay interest on a periodic basis. b. repay the principal amount at maturity. c. have a maturity. d. represe
    14·1 answer
  • The finding that average intelligence scores have increased over the past century in the United States and other industrialized
    14·1 answer
  • What is the northernmost spot in the 48 contiguous u.S. States?
    13·1 answer
  • Carlos stands in front of his Thursday night slam poetry group to recite his most recent work. He suddenly experiences temporary
    12·1 answer
  • A research study investigated the impact of start distance from a ball on kicking form and found that kicking patterns change as
    6·1 answer
  • Who ran the government under the Yuan Dynasty? Chinese officials Chinese officials Mongol chieftans Mongol chieftans Islamic sch
    12·1 answer
  • One day I hope to play basketball
    14·2 answers
  • Southern state where a society was founded to resettle African
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!