1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rufina [12.5K]
3 years ago
13

LOTS OF POINTS!! Claudia buys a new car for ​$11,000. She makes a down payment of ​$2,000 and the dealer gives her an​ add-on lo

an, charging her an annual interest rate of 9.6​%. If she takes out a 3 year ​loan, what will Claudia​'s monthly payments​ be?
Mathematics
1 answer:
nordsb [41]3 years ago
4 0
Using the formula 
A=P*(r(1+r)^n)/((1+r)^n-1)
Where 
A=monthly payment
P=Loan amount  =11,000-2,000= $9,000
r=annual interest rate/12 or interest rate per month  =9.6/12  =0.8%=0.008
n= number of months  3 years=36 months

A=9,000*(0.008(1+0.008)^36)/((1+0.008)^36-1)
A=9,000*(0.010657)/(0.332229)
A=$288.695
A=$288.70
You might be interested in
I’ll mark brainliest !! Please help me with these answers
Galina-37 [17]

Answer:

Problem1= a Problem 2=a

Step-by-step explanation:

Hope this helps

4 0
3 years ago
HELP ! MARKING BRAINLEST TO WORK THIS OUT
natulia [17]

Answer:

16% = 73.6

Step-by-step explanation:

If 1% is = 4.6 then 16% is

1* 16 % = 4.6 * 16

16% = 73.6

8 0
3 years ago
Write 0.000673 in scientific notation
WINSTONCH [101]

Answer:

6.17

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
What is the opposite of the opposite of -7.5? Thank you
STALIN [3.7K]

Answer: 7.5

Step-by-step explanation: It's negative, so the opposite would be positive.

7 0
3 years ago
Read 2 more answers
a store sells small notebooks for $7 and large notebooks for $14. if a student buys 6 note books for $63, how many notebooks eac
bija089 [108]
The answer is 3 of each.  3X7=21; 14X3=42, and 42+21= 63.
4 0
3 years ago
Read 2 more answers
Other questions:
  • 100 POINTS! first two people to give me a friend request get 100 points , a thank you, 5 star rateing , and a friend. the first
    8·2 answers
  • sarah’s dog is half the size of her sisters dog. combined, the two dogs weigh 60 pounds. which equation best describes the weigh
    11·1 answer
  • Which is least? 0.105 0.501 0.015 or 0.15
    15·2 answers
  • Newton currently has a balance of $1,716.18 in an account he has held for 29 years. He opened the account with an initial deposi
    13·1 answer
  • Harold flipped a coin 80 times.How many times should he expect the coin to land on tails?
    11·1 answer
  • Sometimes a dilation is an enlargement, and sometimes it is a reduction. Explain what types of numbers for scale factors causes
    6·2 answers
  • 2. FUEL A small airplane used 5 gallons
    7·2 answers
  • I need help with 7 to 11 <br> GEMOTRY HELP <br> PLZ
    10·2 answers
  • Round 1.33 to the nearest tenth.
    9·2 answers
  • What are the lengths of A ⁢ D ¯ , D ⁢ B ¯ , A ⁢ E ¯ , and E ⁢ C ¯ ? Measure and record them.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!