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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Answer:
9.4 units
Step-by-step explanation:
Step one:
given data'
We are given the coordinates
x1=4.2
x2=-5.2
y1=-2
y2=-2
Required
The distance between the points
Step two:
The expression for the distance is
d=√((x_2-x_1)²+(y_2-y_1)²)
substitute
d=√((-5.2-4.2)²+(-2+2)²)
d=√((-9.4)²
d= √88.36
d= 9.4 units
Time, she spent driving the first 200 miles:
Time, she spent driving the second 200 miles:
Total time:
