the answer is 470
Step-by-step explanation:Because 470+470 which equals 940 and the square root is 30
Answer:
○ 4⁄6, -4⁄6
Step-by-step explanation:
Take the square root of both the denominator and numerator, and you will get the above two answers.
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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
$10.50
10 Tickets would be $105.00
$105.00 - $10.50 = $94.50 so 9 Tickets would be $94.50
$105.00 + $94.50 = $199.50
$205.00 - $199.50 = $5.50 which isn't enough for another ticket.
10 Tickets + 9 Tickets = 19 Tickets.