$26,870.12
<h3>Explanation:</h3>A financial calculator can tell you the future value (remaining balance) of the loan after 60 payments is $17930.12. The 60 payments total ...
... $149×60 = $8940
so the total amount paid for the vehicle is ...
... $8940 +17930.12 = $26,870.12
_____
The attachment shows the calculation of the remaining balance added to payments made to get to that balance. Negative amounts are amounts paid.
Answer:
Step-by-step explanation:
A) The dealer bought Birr 8000 at 7% tax.
Total amount to be paid = cost price (1 + r%)
r = 7% = 0.07
Total amount to be paid
B) To find the VAT, it is the difference between the tax paid when the good was bought and the tax put on it after it was sold.
Tax paid when the shoes were bought = 7% of cost price
Tax paid when the shoes were sold = 9% of selling price
VAT = tax recovered on sale - Tax paid on purchase
Answer:
slope= -3
y-intercept= 6
Step-by-step explanation:
1. Approach
To solve this problem, one needs the slope and the y-intercept. First, one will solve for the slope, using the given points, then input it into the equation of a line in slope-intercept form. The one can solve for the y-intercept.
2.Solve for the slope
The formula to find the slope of a line is;
Where (m) is the variable used to represent the slope.
Use the first two given points, and solve;
(1, 3), (2, 0)
Substitute in,
Simplify;
3. Put equation into slope-intercept form
The equation of a line in slope-intercept form is;
Where (m) is the slope, and (b) is the y-intercept.
Since one solved for the slope, substitute that in, then substitute in another point, and solve for the parameter (b).
Substitute in point (3, -3)