The percent of boys in the class is 40% because 16 + 24 = 40 (the entire amount of kids) 16 / 40 = .4 then move decimal twice to the right for percentage which gives you 40%
The answer is 40%
I hope this helped :)
1. The problem gives the residual value in percentage, and you need it in dollars. So, if the MSRP for the car Jennifer is leasing is $ 17,500, you have:
57%/100=0.57
residual value=$17,500*0.57= $9,975
2. Then, you need to substract the residual value and the lease term, to calculate the value of the car, as below:
car value=$17,500-$9,975=$7,525
3. You need to calculate the money factor, which is the interest rate divided by 2400. Then, you have:
Interest rate=9%/100=0.09
Money factor=0.09x2400
Money factor=0.00375
4. The interest is:
I=($17,500+$9,975)(0.00375)
I=$103.03
5. Therefore, the monthly payment is:
Monthly payment=(car value/36 months)+Interest
Monthly payment=($7,525/36)+$103.03
Monthly payment=$209.02+$103.03
Monthly payment=$312.06
What will Jennifer’s monthly lease payment be?
The answer is: d. $312.06
M = (t+1)/(t-3)
m(t-3) = t+1
mt-3m = t+1
(m-1)t = 3m+1
t = (3m+1)/(m-1)
Hello There!
85 / 4 = 21.25
21.25 / 17 = 1.25
Scale factor is 1.25
Hope this helps!
