Solve and explain your math thinking" 9+ 7
2 answers:
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A) The amount financed is the purchase amount less the down payment.
$2,574.54 -574.54 = $2000.00
B) The finance charge is the total of payments less the amount financed.
18*$121.00 -2000.00 = $178.00
C) The APR is calculated by a financial calculator to be 10.96%.
$2,574.54 -574.54 = $2000.00
B) The finance charge is the total of payments less the amount financed.
18*$121.00 -2000.00 = $178.00
C) The APR is calculated by a financial calculator to be 10.96%.
Answer:
Step-by-step explanation:
-The margin of error is calculated using the formula:
-We substitute the values, n=900 and ME=30 in the formula to solve for standard deviation:
Hence, the population standard deviation is 547.1125