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3 years ago

845001 rounded to the nearest thousand

Mathematics

2 answers:

katovenus [111]3 years ago

8 0

Your answer would be "845,000". :)

Anuta_ua [19.1K]3 years ago

6 0

5 is the thousand place so will 5 go up or down with the number on the right of it since it is 0 it stays the same so your answer is 845,000

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Oh, boy! Look at that monthly payment from Question 2 above! Molly cannot afford the monthly payment using the 0% financing. She

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The car payment plan that has an APR of 1.9% is, on the short term, pocket

friendly.

The correct responses are;

First part: The amount of loan Molly needs is $22,495

Second part: Molly's monthly payment will be approximately $286.2

Third part: The total interest Molly will pay using the plan is approximately $1,545.8

Fourth part: The amount the car costs Molly using the plan is approximately $26,540.8

Reasons:

The question parameters are;

Molly is comparing Auto Loans on Jeep website

Selling price of the Jeep, P = $25,495

The down payment Molly has = $2,500

The Cash Allowance = $500

Number of months of payment, n = 84 months

The Annual Percentage Rate, APR, r = 1.9%

First Part:

Loan needed = $25,495 - $2,500 - $500 = $22,495

The amount of loan Molly needs = $22,495

Second Part:

The monthly payment is given by the formula;

$\displaystyle M = \mathbf{\dfrac{P \cdot \left(\dfrac{r}{12} \right) \cdot \left(1+\dfrac{r}{12} \right)^n }{\left(1+\dfrac{r}{12} \right)^n - 1}}$

Therefore;

$\displaystyle M = \dfrac{22,495 \times \left(\dfrac{0.019}{12} \right) \times \left(1+\dfrac{0.019}{12} \right)^{84} }{\left(1+\dfrac{0.019}{12} \right)^{84} - 1} \approx \mathbf{286.2}$

Molly's monthly payment will be M ≈ $286.2

Third part:

The total interest, I = Sum of payment - Loan amount

∴ The total interest, I ≈ $286.2/month × 84 month - $22,495 ≈ $1,545.8

The total interest Molly will pay using the loan, I ≈ $1,545.8

Fourth part:

The cost of the car, C, using the 1.9% APR financing plan is the sum of the down payment plus sum of the loan repayment

Therefore;

C ≈ $2,500 + $286.2/month × 84 months = $26,540.8

The cost of the car using the 1.9% APR financing plan, C ≈ $26,540.8

The question parameters obtained from a similar question are;

Selling price of the car = $25,495

Financing = 1.9% APR for 84 months with a cash allowance of $500

Learn more about loan payment here:

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3 years ago

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Answer:

1) DC and DG

2) D

3) <GDE

4) acute

5) obtuse

Step-by-step explanation:

1) DC and DG

2) D

3) <GDE

4) acute

5) obtuse

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Is this a joke?\ that makes no snese

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3 years ago

The weight of one serving of trail mix is 2.5 ounces. How many servings are there in 22.5 ounces of trail mix

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9 servings
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4 years ago

A sales and marketing management magazine conducted a survey on salespeople cheating on their

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Answer:

The 95% confidence interval estimate of the population proportion of managers who have caught salespeople cheating on an expense report is (0.5116, 0.6484).

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of $\pi$ , and a confidence level of $1-\alpha$ , we have the following confidence interval of proportions.

$\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}$

In which

z is the zscore that has a pvalue of $1 - \frac{\alpha}{2}$ .

In the survey on 200 managers, 58% of the managers have caught salespeople cheating on an expense report.

This means that $n = 200, \pi = 0.58$

95% confidence level

So $\alpha = 0.05$ , z is the value of Z that has a pvalue of $1 - \frac{0.05}{2} = 0.975$ , so $Z = 1.96$ .

The lower limit of this interval is:

$\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.58 - 1.96\sqrt{\frac{0.58*0.42}{200}} = 0.5116$

The upper limit of this interval is:

$\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.58 + 1.96\sqrt{\frac{0.58*0.42}{200}} = 0.6484$

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3 years ago