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finlep [7]
3 years ago
6

Hi how is your hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii

Mathematics
1 answer:
kicyunya [14]3 years ago
6 0
How is your.....what?
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The Kirkland family is buying a new living room set that costs $1,495.
never [62]
<h3>Answer:   173.04 dollars</h3>

======================================================

Explanation:

The down payment is $400, so that means they must pay back 1495-400 = 1095 dollars. Let L = 1095 be the amount loaned

The annual interest rate is 28% which means r = 0.28; the monthly interest rate is i = r/12 = 0.28/12 = 0.02333 approximately

There are 12 months in a year, so n = 12 is the number of payment periods

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

In summary so far, we have

  • L = 1095
  • i = 0.02333 (which is approximate)
  • n = 12

Those values will be plugged into the monthly payment formula below

M = L*( i*(1+i)^n )/( (1+i)^n - 1 )

M = 1095*( 0.02333*(1+0.02333)^12 )/( (1+0.02333)^12 - 1 )

M = 105.671914631108

M = 105.67

The monthly payment is $105.67

If they have a monthly payment of $105.67, and they pay that for 12 months, then 12*105.67 = 1,268.04 dollars is the amount of money they pay back to the credit card company.

The total amount of interest would be 1,268.04 - 1,095 = 173.04 dollars

Side note: the formula is a complicated ugly mess, so it's understandable to use calculators that already have the formula built in. Many websites offer free calculators that do this.

7 0
3 years ago
Solve the inequality.<br> 3x+6&lt;3(x-7)
GarryVolchara [31]
<h3>\boxed{\large\displaystyle\text{$\begin{gathered}\sf \bf{3x+6 < 3(x-7) } \end{gathered}$} }</h3>

Simplify both sides of the inequality.

\boxed{\large\displaystyle\text{$\begin{gathered}\sf \bf{3x+6 < 3x-21 } \end{gathered}$} }

Subtract 3x from both sides.

<h3>\boxed{\large\displaystyle\text{$\begin{gathered}\sf \bf{3x+6-3x < 3x-21-3x } \end{gathered}$} }</h3><h3>\boxed{\large\displaystyle\text{$\begin{gathered}\sf \bf{6 < -21 } \end{gathered}$} }</h3>

Subtract 6 from both sides.

<h3>\boxed{\large\displaystyle\text{$\begin{gathered}\sf \bf{6-6 < -21-6 } \end{gathered}$} }</h3>

\boxed{\large\displaystyle\text{$\begin{gathered}\sf \bf{0 < -27} \end{gathered}$} }

<h2>There are no solutions.</h2><h3>Standard form: x ∈ ∅</h3>
6 0
1 year ago
Read 2 more answers
PLEASE HELP!!! I NEED THIS FAST!!
Maksim231197 [3]

Answer:

a. In a one-to-many relation, at least one (input) value maps to (more than one) (output) value. This means a one-to-many relation (cannot) be a function,

Step-by-step explanation:

7 0
3 years ago
What is the rate of change for the function represented in the table? $0.50 $0.67 $1.07 $1.50
yan [13]
The answer is $1.50.
8 0
3 years ago
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How many cylinder containers that are the same height and have the same base area would these three henna cones fill up?
Ivan

Answer:

10

Step-by-step explanation:

7 0
3 years ago
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