1. Construct Paasche's price index number from the following table for 2017

Mathematics

1 answer:

Crank2 years ago

4 0

Answer:

Step-by-step explanation:

Tess is going to purchase a new car that has a list price of $29,190. She is planning on trading in her good-condition 2006 Dodge Dakota and financing the rest of the cost over four years, paying monthly. Her finance plan has an interest rate of 10.73%, compounded monthly. Tess will also be responsible for 7.14% sales tax, a $1,235 vehicle registration fee, and a $97 documentation fee. If the dealer gives Tess 75% of the listed trade-in price on her car, once the financing is paid off, what percent of the total amount paid will the interest be? (Consider the trade-in to be a reduction in the amount paid.) ANSWER A

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musickatia [10]

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Step-by-step explanation

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x/450=33/100 is how I set up the problem. 33/100 represents 33%, while x/450 represents how much the jacket costs now.

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