Based on the amount that Nader can pay per month, and the interest rate as well as the period, the amount he could spend if the rate was annual is $8,385.33.
<h3 /><h3>How much could Nader spend on the car?</h3>
If Nader can pay $280 per month, the amount he can pay per year i:
= 280 x 12
= $3,360
The amount that he can spend on the car is the present value of these yearly payments:
= 3,360 x (1 - (1 + 9.8%)⁻³) / 9.8%
= 3,360 x 2.49563439768461
= $8,385.33
Find out more on the present value of periodic payments at brainly.com/question/17244776.
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For this item, we represent the very original value or price of the given item by x such that increasing the retail price by 40 percent will give us 1.4x. Also, when the retail price of the item is reduced by 25 percent, we have.
new retail price = 1.4x (1 - 0.25) = 1.05x.
This means that the new retail price is only 5% over the manufacturer price.
Answer:
a simplified fraction would be 4/10 but not simplified would be 40/100
Step-by-step explanation:
7 hours later.
If her rate is
6km/hour
then if we do some simple math
6/1=42/7
In 7 hours Amanda will b finished with the marathon