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pickupchik [31]
2 years ago
15

The question is on the picture included

Mathematics
1 answer:
Alexxx [7]2 years ago
4 0
The next step is to draw an arc with center E.

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A newspaper advertisement offers a $6500 used car for nothing down and 36 easy monthly payments of
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Using simple interest, it is found that:

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<h3>Simple Interest</h3>

Simple interest is used when there is a single compounding per time period.

The amount of interest after t years in is modeled by:

I = Prt

In which:

  • P is the initial amount.
  • r is the interest rate, as a decimal.

In this problem, the amount paid was of 36 monthly payments of

$196.80, hence:

36 x 196.80 = $7084.8.

The total amount paid was of $7,084.8.

The original price is of $6,500, hence the finance charge was of:

7084.8 - 6500 = $584.8.

For interest, we have that:

I = 584.8, P = 6500, t = 3, hence:

I = Prt

584.8 = 6500(3)r

r = \frac{584.8}{6500 \times 3}

r = 0.03

The simple interest rate was of 3%.

More can be learned about simple interest at brainly.com/question/25296782

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Find the area of the composite figure below.
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Please help with this question!
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Step-by-step explanation:

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reference attached

Step-by-step explanation:

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