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Tcecarenko [31]
3 years ago
5

watermelon cost $5.69 pinnacle cost 4.98 mango cost 1.09 I have 30.00 to spend what combination of watermelon pineapples and man

go can I buy for 30.00 what is to different was i can spend my money if I didn't spend less than28.00
Mathematics
2 answers:
Luda [366]3 years ago
7 0
You have 2 watermelons 3 pinapples and 3 mangos
Novosadov [1.4K]3 years ago
3 0
<span>Watermelon costs 5.69 dollars.
pinnacle costs 4.98 dollars
mango costs 1.09 dollars
These are the fruits that you want to buy.
You have 30.00 dollars to spend to any combination of the 3 fruits.
What I understood about your question is that you spent not less than 28.00 dollars.
SO how many fruits did you bought?
=> 5.69 + 4.98 + 1.09
=> 11.76 x 2
=> 23.52
So far, we already have 2 watermelon, 2 pineapples and 2 mango.
=> 30.00 – 23.52 = 6.48
So we still have 6.48
=Let’s add 1 more pineapple and 1 mango
=> 23.52 + 4.98 + 1.09
=> 29.59, thus you still have 0.41 as a change.</span>



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Loan payment per month=Amount to pay÷discount factor

Mathematically  P=A÷D

where D is the discount factor calculated using the formula;

\frac{(1+i)^n-1}{i(1+i)^n}

where i=periodic interest rate=annual rate divided by number of payment periods

A is the amount to pay after downpayment

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n=number of periodic payments=payments per year times number of years

⇒In this question you find the discount factor then divide the amount remaining to pay with the discount factor to get monthly payments

Given;

Cost of boat=$32000

Down payment=$14000

Loan to pay=$32000-$14000=$18000

Annual rate=5.5%=i=5.5%÷12=0.458%⇒0.00458

Periodic payments, n=4×12=48

Finding the discount factor D;

D=\frac{(1+i)^n-1}{i(1+i)^n} \\\\\\D=\frac{(1+0.00458)^{48} -1}{0.00458(1+0.00458)^{48} } \\\\\\D=\frac{1.2455-1}{0.005703} \\\\\\D=\frac{0.2455}{0.005703} =43.05

To get the amount to pay monthly divide the loan to pay with the discount factor

=\frac{18000}{43.05} =418.14

Monthly payments=$418.14

Total amount will be=down payment + 48×$418.14

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