We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
Answer:
6
Step-by-step explanation:
145-68.50 = 76.50
76.20/12.75 = no of t-shirts she can buy
ans= 6
Answer:
1
Step-by-step explanation:
To find the answer, we divide the number of apples by the number of bags. This means we do 7 ÷ 4
7 ÷ 4 = 1.75
1.75 in fraction form is 1
You get 2m+m-3n which simplifies to 3m-3n
