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Ket [755]
3 years ago
8

Marie wants to purchase a car and finance her purchase with a 4 year loan at 7% interest. If she wants her payments to be $250 p

er month, how much can she finance with this loan?
Mathematics
1 answer:
saveliy_v [14]3 years ago
4 0

Answer:

F = $13,802.31

she can finance $13,802.31 with this loan.

Step-by-step explanation:

Given;

Rate r = 7% = 0.07

Time t = 4 years

Payment per month MP = $250

Number of months per year n = 12

This can be solved using compound interest for future value series formula;

F = future value

F = MP(((1 + r/n)^(nt) - 1)/(r/n))

Substituting the given values, we have;

F = $250(((1 + 0.07/12)^(12×4) - 1)/(0.07/12))

F = $13,802.31

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Which values for A and B will create infinitely many solutions for this system of equations? ax-y=8 2x+y=b
Nata [24]

Answer:

a = -2 , b = -8

Step-by-step explanation:

* Lets talk about the solution of the linear equations

- There are three types of the solutions of the system of linear equations

# If the two lines intersect each other, then there is one solution

- The equations are ax+ by = c , dx + ey = f

# If the two lines parallel to each other, then there is no solution

- The equations are ax+ by = c , ax + by = d in its simplest form ,

  where a is the coefficient of x , b is the coefficient of y and

  c , d are the numerical terms

# If the two lines coincide (over each other), then there are infinite

   solutions

- The equations are ax+ by = c , ax + by = c in its simplest form, where

  a is the coefficient of x , b is the coefficient of y and c is the

  numerical term

* Lets solve the problem

∵ The system of equation is:

   ax - y = 8 ⇒ (1)

   2x + y = b ⇒ (2)

∵ The system create infinitely many solutions

∴ The lines are coincide

- The equations must be equal, then multiply equation(1) or (2) by -1 to

  make the coefficient of y in the two equations equal

∴ -ax + y = -8

∴ 2x + y = b

∵ Their coefficients of x are equal

∵ Their coefficients of y are equal

∵ Their numerical terms are equal

∵ The coefficient of x in equation (1) is -a and in equation (2) is 2

∴ -a = 2 ⇒ multiply both sides by -1

∴ a = 2

∵ The numerical term in equation (1) is -8 and in equation (2) is b

∴ b = -8

* The values for a and b will create infinitely many solutions are -2 , -8

5 0
4 years ago
Find the value of each variable ​
yanalaym [24]

Answer:

i think teh value of each variable is 45.

Step-by-step explanation:

7 0
3 years ago
Which expression is equivalent to the following complex fraction?
Virty [35]

Answer:

  \dfrac{-4x+7}{2(x-2)}

Step-by-step explanation:

Write the terms of numerator and denominator using a common denominator.

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7 0
3 years ago
Read 2 more answers
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MA_775_DIABLO [31]

Answer:

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Step-by-step explanation:

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6 0
3 years ago
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Alexandra [31]

Answer:

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Step-by-step explanation:

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Hope I helped

4 0
3 years ago
Read 2 more answers
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