Answer:
1 29/63
Step-by-step explanation:
To add fractions, find the LCD and then combine.
Answer:
Hope this helps :O
Step-by-step explanation:
Answer:
I am pretty sure it is 3 points but don't quote me on it.
Step-by-step explanation:
9514 1404 393
Answer:
(a) $133.88
Step-by-step explanation:
The addition of tax multiplies the purchase price by 1+6.45% = 1.0645. The payment of the down payment means the loan amount will be only 1-10% = 0.90 times the amount with tax. So, the loan amount is ...
$22,359(1.0645)(0.90) = $21,420.08
The loan is a secured loan (secured by the vehicle). So, the interest charged is that for a poor credit rating: 7.5%.
One month's interest is ...
I = Prt . . . . . interest on principal P at rate r for t years (1 mo = 1/12 yr)
I = $21,420.08(0.075)(1/12) = $133.88
