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
VLD [36.1K]
3 years ago
15

Choose the correct answers for amount financed and the finance charge in dollars for the following problem. Curtis Hindle purcha

sed a mountain bike for $550.00 with 75% down. He will make 12 payments of $25.40 each. What is the total amount paid (including down payment) and finance charge in dollars? The total paid (including down payment) is $ . The finance charge in dollars is $
Mathematics
1 answer:
gulaghasi [49]3 years ago
3 0

<u>Answer:</u>

Total paid = $717.3

Finance charge = $167.3

<u>Step-by-step explanation:</u>

The cost price of mountain bike = $550

The down payment on bike = 75% of $550 = 0.75 * 550 = $412.5

We know that he will make 12 payments of $25.40 each so total monthly payments = 12 * 25.40 = $304.8

The total amount paid = Down payment + Total monthly payments = $412.5 + $304.8 = $717.3

The finance charge = Total amount paid - Cost price = $717.3 - $550 = $167.3

You might be interested in
What is the solution to the inequality below x2&gt;25​
4vir4ik [10]

Answer:

Ans: (-5, 5)

-5 < x < 5

Step-by-step explanation:

Standard form: f(x) = x^2 - 25 < 0.

First solve x^2 - 25 = 0 --> x = +- 5

Use the algebraic method to solve f(x) < 0. Between the 2 real roots (-5) and (5), f(x) < 0, as opposite in sign to a = 1.

Answer by open interval: (-5, 5)

3 0
3 years ago
Read 2 more answers
What is being done to the variable in the equation 3 + g = -9?
almond37 [142]

Answer:

its A

Step-by-step explanation:

not gonna explain it cause I dont have to ._. plus it wasnt that hard

4 0
3 years ago
A Martian couple has children until they have 2 males (sexes of children are independent). Compute the expected number of childr
Ne4ueva [31]

Answer:

a) 6

b) 4

c) 3

Step-by-step explanation:

Let p be the probability of having a female Martian, and of course, 1-p the probability of having a male Martian.

To compute the expected total number of trials before 2 males are born, imagine an experiment simulating the fact that 2 males are born is performed n times.

Let ak be the number of trials performed until 2 males are born in experiment k. That is,

a1= number of trials performed until 2 males are born in experiment 1

a2= number of trials performed until 2 males are born in experiment 2

and so on.

If a1 + a2 + … + an = N

we would expect Np females.  

Since the experiment was performed n times, there 2n males (recall that the experiment stops when 2 males are born).

So we would expect 2n = N(1-p), or

N/n = 2/(1-p)

But N/n is the average number of trials per experiment, that is, the expectation.

<em>We have then that the expected number of trials before 2 males are born is 2/(1-p) where p is the probability of having a female. </em>

a)

Here we have the probability of having a male is half as likely as females. So

1-p = p/2 hence p=2/3

The expected number of trials would be

2/(1-2/3) = 2/(1/3) =6

This means <em>the couple would have 6 children</em>: 4 females (the first 4 trials) and 2 males (the last 2 trials).

b)

Here the probability of having a female = probability of having a male = 1/2

The expected number of trials would be

2/(1/2) = 4

This means<em> the couple would have 4 children</em>: 2 females (the first 2 trials) and 2 males (the last 2 trials).

c)

Here, 1-p = 2p so p=1/3

The expected number of trials would be

2/(1-1/3) = 2/(2/3) = 6/2 =3

This means<em> the couple would have 3 children</em>: 1 female (the first trial) and 2 males (the last 2 trials).

5 0
3 years ago
A bowl contains candies of the same size and three flavors: Orange, strawberry, and pineapple. If the probability of randomly pu
alina1380 [7]
The probability of pulling out a pineapple candy would be 3/7
3 0
3 years ago
Read 2 more answers
Mr. Ortiz pays a state tax of 10.4% on certain purchases. Which expression is the same as the total cost of p, a purchase of $14
Nata [24]

Answer:

idk

Step-by-step explanation:

IDK

4 0
3 years ago
Other questions:
  • Helene spends 12% of her budget on transportation expenses.Write this percent as a fraction and as a decimal.
    9·1 answer
  • If 1 liter = 1.057 quarts, how many quarts are in 1 kiloliter
    8·2 answers
  • Write a compound inequality for the graph below
    13·1 answer
  • Please help me with this!..
    13·1 answer
  • Which of these best describes d, the diameter of a circle?
    8·1 answer
  • Kiki works in a furniture store. Her base salary is $150 per day, plus an 8 percent commission on her sales. She sells several h
    8·2 answers
  • I PROMISE BRAINLIST PLZZ HELLLPPPP ASAPPPP!!!!!!!!!!!!!!!!!
    12·1 answer
  • What is the multiplicative rate of change for the
    14·2 answers
  • Evaluate the question below<br> .<br> 12-2
    5·1 answer
  • YES OR NOOO PLEASEE ANSWER
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!