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:
8.37 x 10^-3
(Scientific Notation)
8.37 x 10^-3
(use the caret symbol [^] to type or write)
8.37E-3
(Scientific E-notation)
0.00837
(Real Number)
Step-by-step explanation:
How to convert numbers or decimals to scientific notation?
In scientific notation all numbers are written in the form of m×10n (m times ten raised to the power of n), where the exponent n is an integer, and the coefficient m is any real number, called the significand or mantissa. If the number is negative then a minus sign precedes m (as in ordinary decimal notation).
Let’s condense the original expression and see if that’s one of the answers
-1/2(-3/2 x + 6x + 1) - 3x
First we distribute the -1/2
((-1/2)(-3/2 x) + (-1/2)(6x) + (-1/2)(1)) -3x
3/4x - 3x - 1/2 -3x
Combine like terms
(3/4 x - 3x - 3x) -1/2
-21/4 x - 1/2
We could make this a mixed number
-5 1/4 x - 1/2
(Mixed number: 5 times 4 plus one gets the numerator)
So the answer is D
Answer:
-16
Step-by-step explanation:
Answer:
y = (2x + 15)/3
Step-by-step explanation:
3y = 2x + 15
Divide both sides by 3,
3y/3 = 2x/3 + 15/3
Simplify,
y = (2x + 15)/3
