C is the answer to the question
Step-by-step explanation:
4÷12= 0.333333333333
12÷4=3
Since 4÷12 answer is different from the others, it's A. Let me know if this is correct! :)
Answer:
2x^3 - 6x^2 - 4x + 12.
Step-by-step explanation:
(p*q) (x) = (2x^2 - 4)(x - 3)
= 2x^3 - 6x^2 - 4x + 12.
Monthly interest, i = APR/12 = 0.06/12 = 0.005
Monthly payment, A = $450
Period, n = 36 (months)
Future value of payment
= A((1+i)^n-1)/i
= 450((1.005^36-1)/0.005
= 17701.2472341
Future value of car
F = future value of payment + residual value
= 17701.2472341 + 20000
= 37701.2472341
Present value of car
= downpayment + present value of future payments
= 1500 + F/(1+i)^36
= 1500 + 37701.2472341/(1.005^36)
= 1500 + 31504.86
= 33004.86
