Monthly interest, i = APR/12 = 0.06/12 = 0.005
Monthly payment, A = $450
Period, n = 36 (months)
Future value of payment
= A((1+i)^n-1)/i
= 450((1.005^36-1)/0.005
= 17701.2472341
Future value of car
F = future value of payment + residual value
= 17701.2472341 + 20000
= 37701.2472341
Present value of car
= downpayment + present value of future payments
= 1500 + F/(1+i)^36
= 1500 + 37701.2472341/(1.005^36)
= 1500 + 31504.86
= 33004.86
Answer:
Brainly patrol stop deleting my answers
A. 2
B. 4
C. 3
D. 7
Step-by-step exp
Answer:
2.5
Step-by-step explanation:
5/2=2.5
Answer: 416 mm
Step-by-step explanation: The equation for the volume of a rectangular prism is length*width*height. The width (5) times the height (8) is 40 (5*8=40). The volume is that (40) times the length(10.4) which is 416 (40*10.4=416).
Answer:
2
Step-by-step explanation:
sqrt(120)/ sqrt(30)
We know that sqrt(a)/ sqrt(b) = sqrt(a/b)
sqrt(120/30)
sqrt(4)
2
