1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
photoshop1234 [79]
3 years ago
14

Your parents are purchasing a mobile home for $89,000. The sales tax is 4.2%, they make a $3,000 down payment, and they have an

excellent credit score. How much is the interest at the end of the second month if their first month’s payment is $925.67?
Secured Unsecured

Credit APR (%) APR (%)

Excellent 4.75 5.50

Good 5.00 5.90

Average 5.85 6.75

Fair 6.40 7.25

Poor 7.50 8.40




$381.29



$352.95



$379.36



$300.15
Mathematics
1 answer:
Burka [1]3 years ago
7 0

Answer:

The second option ,$ 352.95  is correct

Step-by-step explanation:

The total cost of the home is the list price of $89,000 plus the sales tax of 4.2%

total cost=$89,000+($89,000*4.2%)=$92,738

loan amount=total cost-down payment=92738

-3000=$89738

APR is 4.75% since they have an excellent credit score

interest for first month=89738

*4.75%/12=$ 355.21  

Principal payment in first month=total payment-interest=925.67- 355.21 =$570.46

principal left after first payment=$89,738

-$570.46=$89,167.54  

second month interest payment= 89,167.54*4.75%/12=$ 352.95

The correct option is $ 352.95  which is the second option

You might be interested in
Simply the following 2m⁵×5m³×7m²​
Ganezh [65]

Answer:

2m^5\cdot 5m^3\cdot 7m^2=70\cdot m^{10}

Step-by-step explanation:

Simplify the expression

2m^5\cdot 5m^3\cdot 7m^2

Calculate the product of the coefficients:

2*5*7=70

Compute the product of the variables. Since they are all the same letter, sum their exponents:

m^5\cdot m^3\cdot m^2=m^{5+3+2}=m^{10}

Combine the results:

\boxed{2m^5\cdot 5m^3\cdot 7m^2=70\cdot m^{10}}

3 0
3 years ago
Find the surface area of the regular pentagonal pyramid.
mr_godi [17]
Area of each side triangle is 1/2*8*15 = 60. There are 5 of them so the triangles have surface area 300. the pentagon's area 1/2*apothegm*sidelength*sides = 1/2*5.5*8*5 = 110. The total area is therefore 300+110 = 410
3 0
3 years ago
Pls help will give the big brain award <br><br> +if you help more you get more brainliest
Effectus [21]
64 in2 is the answer
7 0
3 years ago
Read 2 more answers
(2y-at)(y+2at) find the product
Fynjy0 [20]
(2y-at)(y+2at)


Answer: <span><span><span>−<span><span>2<span>a^2</span></span><span>t^2</span></span></span>+<span><span><span>3a</span>t</span>y</span></span>+<span>2<span>y^<span>2

I hope this helps</span></span></span></span>
6 0
3 years ago
Read 2 more answers
Which one matches the picture description
mr_godi [17]

Answer:

356.82

Step-by-step explanation:

4 0
2 years ago
Other questions:
  • PLEASE ANSWER!!
    10·1 answer
  • Use π = 3 19. Calculate the area of a circle with diameter of 14cm
    5·2 answers
  • A store owner had 42 pounds of almonds, 38.5 pounds of walnuts, and 62.5 pounds of peanuts. If the owner splits the peanuts equa
    10·1 answer
  • The Flintstone Construction Company delivers dirt and stone from local quarries to its construction sites. A new truck that was
    12·1 answer
  • Round 35,678 to the nearest thousand
    7·2 answers
  • The sum of three consecutive numbers is greater than 40. The inequality that represents this is x+x+1+x+2&gt;40. Which value of
    8·1 answer
  • A scoop of ice cream in the shape of a whole sphere sits in a right cone. the radius of the ice cream scoop is 2.5 cm and the ra
    7·1 answer
  • Mrs. Davis drove 35% less miles then Mrs. Fields last year. Mrs. Fields drove 30,500 miles. How many miles did Mrs. Davis drive?
    11·2 answers
  • 3ft 2ft xft what is the answer it's really hard
    12·1 answer
  • Ratios and rates word problems
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!