Answer:
Option A- 294.85
Step-by-step explanation:
Given : Andrea is buying a car for $21,450 she will finance $16,450 of it with a 5 year loan at 2.9% APR.
To find : The monthly auto payment.
Solution : From the table we get that monthly car loan payment per $1000 borrowed when interest rate is 2.9% on a 60 month loan is
Monthly car loan payment per $1000 borrowed is $17.924
Per $1000 the finance is
Monthly payment = Monthly car loan × Finance
Therefore, Option A is correct.
The Monthly payment is $294.85.
Answer: the amount a person pays for gas compared with the number of gallons purchased
Step-by-step explanation:
Three and Six are the only vertical angles shown above. Hope this helps. :P
(-6,0) the x intercept is when the line crosses the x-axis
P = ce^(kt)
make p = 2c because doubling will be
like c-->2c, so if p = 2c, then
p = ce^(kt)
2c = ce^(kt)
2c/c = (ce^(kt))/c
2 = e^(kt)
Now take natural logarithm (ln) of both sides of the equation:
ln (2) = ln (e^(kt))
0.693 = kt×ln e
**this is because ln of an exponent makes the exponent become multiplied by the ln,
and ln e = 1
0.693 = kt×ln e
0.693 = kt×1, and t = 11 years
0.693 = k(11)
0.693/11 = 11k/11
k = 0.063, multiply by 100 to get %
k = 6.3%
answer is C