Two thousand seven thousands forty eight in standard form
2 answers:
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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:
and a₁ =30000 for n = 2,3,4,5,6, ......
Step-by-step explanation:
Doug has joined a job with a starting salary of $30000 per year.
Hence, if a₁ is the salary of Doug in the first year, then
a₁ =30000
Now, each year Doug will receive a raise of $3000 in his salary.
Hence, in the 2nd year, his salary(a₂) will become ( a₁ +3000) per year.
Again, in the 3rd year, his salary(a₃) will become ( a₂ +3000) per year.
Therefor, in the similar manner the recursive formula for his salary in each year will be given as and a₁ =30000 for n = 2,3,4,5,6, ...... {aₙ is the yearly salary of Doug in the nth year} (Answer)