The total amount payable for the car if you put a down 15% on a $9000 car and payment of $189.40 for 48 months will be:
Amount=(15/100×9000)+(189.40×48)
=1350+9091.2
=10,441.2
The total amount of money paid for the car after a period of time will be $10,441.2
Step-by-step explanation:
Answer:
To determine the compound interest of a certain investment, the following formula should be used:
X = Initial value (1 + interest rate / number of compositions) ^ years x number of compositions
Thus, in the assumption of an investment of $ 1,000 with interest compounded daily at 3% for 8 years, the formula would be the following:
X = 1,000 x (1 + 3/365) ^ (8x365)
X = 1,271.24
On the other hand, in the case of an investment of $ 1,000 with compound interest every 6 months at 3% for 8 years, the formula would apply as follows:
X = 1,000 x (1 + 3/2) ^ (8x2)
X = 1,268.99
1. ratio/100
2. multiplicative
3. numerator
4. denominator/equal
5. unit rate
6. opposite/same
7. origin
hope this helps!
Answer:
511
Step-by-step explanation:
The equation of the linear regression line represents the relationship between
From the above question, let's represent:
Number of candles sold for charity = x
The amount earned for charity = y .
Our equation is given as:
ŷ = 10x +41
Hence, x = 47
y = 10 × 47 + 41
y = 470 + 41
y = 511
The amount of money the charity should expect is 511
