9514 1404 393
Answer:
(a) $133.88
Step-by-step explanation:
The addition of tax multiplies the purchase price by 1+6.45% = 1.0645. The payment of the down payment means the loan amount will be only 1-10% = 0.90 times the amount with tax. So, the loan amount is ...
$22,359(1.0645)(0.90) = $21,420.08
The loan is a secured loan (secured by the vehicle). So, the interest charged is that for a poor credit rating: 7.5%.
One month's interest is ...
I = Prt . . . . . interest on principal P at rate r for t years (1 mo = 1/12 yr)
I = $21,420.08(0.075)(1/12) = $133.88
The correct answer is C. Hope that helps!
Answer:
Equation: 10+x= 15 +0.5x
Time: 10 days
Amount: 20$
Step-by-step explanation:
<u>Equation for Benito:</u>
<u>Equation for Tavon:</u>
<u>Since the sums equalize at some time, we get:</u>
- 10+x= 15 +0.5x
- x - 05x = 15- 10
- 0.5x = 5
- x= 5/0.5
- x= 10 days
After 10 days, Juan will owe both Benito and Tavon $20
Answer:
y=8x-69
Step-by-step explanation:
you would use the equation y-y1 = m (x - x1)
plug in m = 8 , y1 = 3, x1 = 9
now you have y - 3 = 8 (x-9)
distribute 8 --> y-3 = 8x - 72
add three to both sides to get y = 8x - 69