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
Answer:
<h2>A. Agree, 4 children is the most typical number of children.</h2>
Step-by-step explanation:
By analysis the problem, we can make our decision by first determining the percent of 3.55 of 4
therefore the percentage can be computed as
=(3.55/4)*100
=0.8875*100
=88.75%
The analysis above it shows that 88.75 percent of the women who give birth to children give birth to 4 children.
This number is very close to a hundred percent hence the statistical claim is "Agree, 4 children is the most typical number of children."
Answer:
-8.
Step-by-step explanation:
That would be change in height divided by change in time:
= (40 - 80) / (5 - 0)
= -40 / 5
= -8.
Answer:
$365.70
Step-by-step explanation:
The formula to find this is 
For this, a is the initial amount, r is the growth rate percentage (but displayed as a decimal), and t is time.
So to solve, you would do
4(2-3)+5(2)-2squared
4(-1)+10-4
-4+10-4
2
