Move it two times to the right
D. independent -- Number of Months
dependent -- Total Cost
The dependent Variable depends on the independent variable so, as the number of months change, the total cost changes.
Option 1 : We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month.
</span>
Using the equation A=P(1+(r/n))^nt.
n=monthly, so it's 12.
t=19 years
r=6.9% as a decimal is .069
P=47,000
.069/12=.00575
.00575+1=1.00575
nt=12*19=228
1.00575^228=3.695
3.695*47000=$173,711
Answer: $173,711
The wind chill equations I have found are more complicated than that.