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Monica [59]
4 years ago
8

What is the finance charge on $13,300 financed at 7.9 percent for 4 years if the monthly payment per $100 is $2.44?

Mathematics
1 answer:
luda_lava [24]4 years ago
5 0

If you borrowed $100, then your monthly payment is $2.44

If you borrowed $200, then your monthly payment is 2*2.44 = 4.88

etc etc

We can set up a proportion

2.44/100 = x/13300

to figure out the monthly payment x. Cross multiply and solve for x

2.44*13300 = 100*x

100x = 2.44*13300

100x = 32452

x = 32452/100

x = 324.52

So the monthly payment is $324.52

An alternative way to get this monthly payment is to apply 2.44% to 13300, which is another way to view the phrase  "monthly payment per $100 is 2.44"

------------------

There are 48 months in 4 years (start with 12 mon = 1 yr, then multiply both sides by 4) so we multiply 48 by the monthly payment to get the result 48*324.52 = 15,576.96. This is the total amount you have to pay back which is the principal plus interest.

Subtract off the principal (amount borrowed) to find the interest or finance charge: 15,576.96 - 13,300 = 2,276.96

Answer: Choice B

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935, 91

Step-by-step explanation:

8 0
3 years ago
1. A boat is 18 ft away from a point perpendicular to the shoreline. A person stands at a point down the shoreline so that a 68°
slega [8]

Answer:

19.4 feet

Step-by-step explanation:

When calculating distances using perpendicular angles, we use trig functions such as Sin, Cos, and Tan.

  • Sine is defined in a perpendicular triangle as the ratio of the opposite side to the angle over the hypotenuse.
  • Cosine is defined in a perpendicular triangle as the ratio of the adjacent side to the angle over the hypotenuse.
  • Tangent is defined in a perpendicular triangle as the ratio of the opposite side over the adjacent side.

Because our angle and know side value are across from each other and we need to know the hypotenuse, we chose to use Sine.

We set up the equation sin (68) = \frac{18}{h}.

We isolate h by multiplying h across the equal sign and dividing sin (68) across as well. sin (68) = \frac{18}{h}\\hsin (68) = \frac{18}{h}*h\\hsin (68) = 18\\\frac{hsin (68)}{sin (68)} =\frac{18}{sin (68)} \\

And finally we have h=\frac{18}{sin (68)}. We input to calculator.

h=\frac{18}{0.92718} \\h=19.4 feet

See the attached picture below showing the shore with the boat out at sea and the position of the person.


8 0
3 years ago
Enter the letters of the points that lie on the line $y = \frac{1}{2} x + 3.$[asy]unitsize(0.4 cm);pair A, B, C, D, E, F, G, H,
igor_vitrenko [27]

The points that lie on the line are C(-4, 1), E(-6, 6) and  I(2, 4)

Given the equation of a line expressed as y=\frac{1}{2}x + 3

We need to find which of the points from A to J lies on the line.

To do that, we will substitute the x-coordinate point into the equation to see if we are going to get the y-coordinate

For the coordinate C(-4, 1)

when x = -4

y = 1/2(-4) + 3

y = -2 + 3

y = 1

This shows that the point C(-4, 1) is on the line

For the point E(6, 6)

when x = 6

y = 1/2(6) + 3

y = 3 + 3

y = 6

This shows that the point E(-6, 6) is on the line

For the point I (2, 4)

when x = 2

y = 1/2(2) + 3

y = 1 + 3

y = 4

This shows that the point I(2, 4) is on the line

This shows that the points that lie on the line are C(-4, 1), E(-6, 6) and  I(2, 4)

Learn more here: brainly.com/question/16131866

3 0
3 years ago
How do I solve this word problem
Gemiola [76]
Gotta analyze the answer
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7 0
4 years ago
Sarah is watching a video online that is 246.987 seconds long. She writes this time in expanded form. Which expression represent
grin007 [14]

Answer:

Sarah is watching a video online that is 4.7 minutes long.

Step-by-step explanation:

As we know 60 sec = 1 minute

⇒60×4 sec = 1×4 minutes

⇒240 sec = 4 minutes

⇒246.987 ≈ 247

                  = 240 + 7 seconds

                  = 4 minutes 7 seconds

                  = 4.7 minutes

∴ we get

Sarah is watching a video online that is 4.7 minutes long.

3 0
3 years ago
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