Answer:
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A) The amount financed is the purchase amount less the down payment.
$2,574.54 -574.54 = $2000.00
B) The finance charge is the total of payments less the amount financed.
18*$121.00 -2000.00 = $178.00
C) The APR is calculated by a financial calculator to be 10.96%.
4x - 26 = 2x - 4....subtract 2x from both sides
4x - 2x - 26 = -4...add 26 to both sides
4x - 2x = -4 + 26...combine terms
2x = 22...divide both sides by 2
x = 22/2 = 11
OR
4x - 26 = 2x - 4.....subtract 4x from both sides
-26 = 2x - 4x - 4....add 4 to both sides
-26 + 4 = 2x - 4x...combine terms
-22 = -2x....divide both sides by -2
-22/-2 = x
11 = x
Answer:
0.5 pounds of butter.
Explanation
X pounds for 0.25 gallons.
0.5 gallon of cream - 1 pound of butter
0.25 gallons of cream - X pounds of butter
Applying cross multiplication:
0.5X = 0.25
X = 0.25 over 0.5 or 0.25/0.5
X = 0.5
Therefor, you could make 0.5 pounds of butter with 0.25 gallons of cream.