The answer is c. 16.70% This is based on the posts I've read online regarding this problem. No solution was given.
These are the amounts you have to consider:
List price of new car - 21,450
Sales tax rate: 6.88% - 21,450 x 6.88% = 1,475.76
vehicle registration fee - 1,089
documentation fee - 124
loan term - 3 years, paid monthly. so, 36 months
interest rate - 12.28% compounded monthly.
2004 Dodge Neon value - 6,591
trade in value - 6,591 x 80% = 5,272.80
No mention of down payment so the possible amount to be financed is: 24,138.76
The value of the traded car is only considered after the financing has been paid off.
Multiply 5.2 x 30 and you get 156 miles
All you need to do with this problem is convert
into a square root. Then you'll get the answer
.
-- The square of the shortest side . . . 16² = 256
-- The square of the medium side . . . 30² = 900
-- Their sum . . . (256 + 900) = <u>1,156</u>
-- The square of the longest side = 35² = <u>1,225</u>
1,156 and 1,225 are not equal, so these 3 numbers
<em>can</em> be the sides of a triangle, but it's not a right one.
The statement is <em>false</em>. (choice 'b')
To represent this scenario, you will look at what is happening mathematically and represent it.
Beginning with 5, this will double each day, so 5 x 2 is the deposit.
Then, this amount will double, so (5 x 2) x 2 is the deposit.
Next this will double, and so on.
What is happening is that it is always doubling the previous day's deposit, so x 2 x 2 x 2, etc... you will use exponents to show the number of days that it doubled.
y = 5 x 2^x