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madam [21]
3 years ago
13

Sally wants to purchase a new car, and its price is $35,000. Since Sally does not have enough money, she would like to get a loa

n from Sun Trust Bank with a simple interest rate of 4.5% for 6 years. What is the final cost of her new car?
Mathematics
1 answer:
Margaret [11]3 years ago
3 0

Answer:

The formula to calculate the final cost of Sally's new car:

C = 35000 x (1 + 4.5/100)^6 = 45579.1 dollar

Hope this helps!

:)

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Step-by-step explanation:

see the attached figure to better understand the problem

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<h3>What is products and mixed numbers?</h3>

Thew products between two terms can be described as the multiplication operation of the the two terms to give a term which is been performed by the use of the operation sign (*) between the two terms.

The mixed number can be defined as the numbers that contains whole numbers as well as the denominators and numerator.

It should be noted that the product of −3 1/4 and −1 1/2  can be done as (-3\frac{1}{4}  * -1\frac{1}{2}  = -\frac{13}{4} * \frac{-3}{2}  = \frac{39}{8} = 4\frac{7}{8}

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