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Andreas93 [3]
4 years ago
8

Mike wants to buy a new Dodge Charger. He is able to negotiate a price of $21,500 for the

Mathematics
1 answer:
FromTheMoon [43]4 years ago
6 0
If we refer his car payments by month base on the 48-month car loan at 6.8%, his payment will be $1,462/month. And if we refer to the full cost of the car by using the 48-month loan it can cost $74,476. After 20 months mike decided to pay the remaining payments for his car. So if mike pays responsibly to his $1,462/month, it cost to $29,240. To get the remaining payment just subtract the total cost of the car to the 2o months he pays the loan. So, $74,476 - $29,240 = $45,236 this is the amount that he need to pay after 20 months. 
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John invests a sum of money in a
nexus9112 [7]

Answer: 0.000007638035

Step-by-step explanation:

We can use the formula for compound interest to solve this.

Now, the formula goes thus:

A = P ( 1 + r/n)^nt

Where A is the amount compounded, P is the initial amount I.e the principal, r is the rate in % , t is the time while n is the number of times the interest is compounded per time I.e how many times per year.

From the question, we get the following parameters, A = $1912.41 , P = ? , t = 15 years, r = 2.63% and n = 1 of course.

Now, we substitute these into the formula

1912.41 = P ( 1 + 2.63) ^ 15

1912.41 = P ( 3.63) ^ 15

1912.41 = P ( 250,379,850)

P = 1912.41 ÷ 250,379,850

P = 0.000007638035

Looks pretty funny an answer right?

6 0
3 years ago
Math question I need help with it please help me !
never [62]

Answer:

96 degrees

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
As part of a new fitness plan, Sabir walks on a treadmill at the same speed for 15 minuets every morning. The table shows the ca
Reil [10]
The relationship between Sabir and calories he burns can be modeled using a linear function given by:
y=ax+b
where
a=slope
b=y-intercept
from the graph, the slope will be given as follows:
taking points (3,15) and (12,60)
a=(60-15)/(12-3)=5 calories/minute
thus using the slope and a point (3,15) the equation will be:
a(x1-x)=(y1-y)
plugging the values we obtain:
5(x-3)=y-15
5x-15=y-15
thus
y=5x
thus the equation is:
y=5x
7 0
3 years ago
Write 28/20 and 70/50 as fractions in simplest form. then determine whether the ratios form a proportion.
jeyben [28]
28/20 in simplest form is: 7/5
70/50 in simplest form is 5/7
Because,
28/20 divided by 2 is 14/10, divided by 2 again is: 7/5
70/50 divided by 2 is 25/35, divided by 2 again is: 5/7
5 0
4 years ago
2.
BlackZzzverrR [31]

Answer:

D.

Step-by-step explanation:

f(x) increases by 2 as x increases by 1 x value.

We know it isn't A since and x value plue 2 would not equal the y value.

But if you multiply each x-value by 2 you get f(x)

8 0
3 years ago
Read 2 more answers
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