1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DENIUS [597]
3 years ago
9

A salesperson buys a car to use in their job. They purchase the car for $35,756 with no money down. They pay for the car in 60 e

qual monthly payments with an annual interest rate of 7% compounded monthly. What is the salesperson's monthly payment

Mathematics
2 answers:
Sedbober [7]3 years ago
6 0

Answer:

Sales person monthly payment = $2554

Step-by-step explanation:

As we know that:

R= Regular fixed regular payment=?

S= Future amount = 35756

i= interest rate = 7% compounded monthly

n= number of periods during term of annuity = 60 monthly payments

solution:

      S= R [ 1-(1+i)∧-n / i ]

      35756 = R [ 1- (1+.07)∧-60 / .07

      35756     =  R  (1-.0172)/.07

     35756    =  R (.9828/.07)

   35756  = R  * 14.04

    R=  35756 /14.04

    R = $ 2554

 

SVETLANKA909090 [29]3 years ago
5 0

Answer:

1022.82 is salesperson's monthly payment.

Step-by-step explanation:

See the attached picture for detailed steps.

You might be interested in
List the sides of triangle ΔMNP in ascending order (shortest to longest) if: Chapter Reference a m∠M = 64°, m∠N = 48°
scoray [572]
The given angles are 
M = 64
N = 48
where P is unknown. While we don't know P at first, we can solve for it. Recall that for any triangle, the three angles always add to 180 degrees

M+N+P = 180
64+48+P = 180
112+P = 180
112+P-112 = 180-112
P = 68

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

So in summary so far
M = 64
N = 48
P = 68

The shortest side is opposite the smallest angle. The side MP is opposite the smallest angle N = 48

The longest side is going to be opposite the largest angle. In this case, side MN is opposite the largest angle P = 68

The medium side is opposite the medium angle. So NP is the medium side length

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

Final Answers:
Shortest Side = MP
Medium Side = NP
Longest Side = MN
See the attached image for a visual summary

The ascending order would be: MP, NP, MN

Note: Something like MP is the same as PM. The order of endpoints for any given individual segment doesn't matter

6 0
3 years ago
4/5=/20 math...........
Mumz [18]

Answer:

1.) 16/20

2.) 15/35

3.) 12/9

4.) 52/60

5.) 9 inches

6.) 24 centimeters

7.) 16 logs

8.) $15.40

9.) 10 miles

10.) 1.5 inches

I hope this is good enough:

7 0
3 years ago
Lines AB and CD are parallel. If the measure of angle
BARSIC [14]

Answer:

Angles W, Z, M, P are 111°

Angles Y, X, O, N are 69°

3 0
3 years ago
To print tickets, a printer chargers a $70 setup fee plus $1.25 per ticket. (a) Write an algebraic expression for the cost of t
ioda
A. 70+1.25t
b. Plug in 650 for t
70+1.25(650)
70+812.5
882.5

Final answer: $882.50
8 0
3 years ago
What is 2 numbers that multiply to get 6 and add up to get 10
lisabon 2012 [21]
The numbers are 4 and 2! 4 plus 2 equals 6! and 6 plus 4 is equal 10!
5 0
4 years ago
Other questions:
  • Why did the scientist make an exact duplicate of himself
    11·1 answer
  • Whil shopping I spend $48. If I spent 15% of my savings, how much savings did I have before I went shopping?
    8·1 answer
  • Please help..........
    7·2 answers
  • Pls help will mark as brainliest
    11·2 answers
  • Consider that point A is reflected across the x-axis. What is the distance between point A and the point of its reflection?
    15·1 answer
  • The drama club is selling tickets to their annual talent show. They sold adult tickets (a) for $12.50 each and student tickets (
    13·1 answer
  • A pole that is 3 m tall casts a shadow that is 1.23 m long. At the same time, a nearby building casts a shadow that is 42.75 m l
    15·1 answer
  • Write an explicit formula for the nth term 13,18,23,28 <br><br> an=
    11·1 answer
  • NEED HELP ASAP, What is the angle of rotation from ARST TO AR'ST? Assume that the center of rotation is the origin.
    10·1 answer
  • A system of two linear inequalities is graphed as shown, where the solution region is shaded. Complete the sentences below by de
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!