We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month.</span>
Answer:
(8x+22)
Step-by-step explanation:
Answer:
Step-by-step explanation:
time to cross will be the distance divided by the velocity in that direction.
a) t = d/v = 45/2.75 = 16.363636... 16.4 s
In the same time that the otter is swimming cross stream, the stream is also moving perpendicularly at its own pace.
b) d = vt = 2.5(16.36) = 40.9090... 40.9 m
As velocity is a vector, An observer on the bank would see the velocity as the vector addition of the cross stream and down stream velocities
c) v = √(2.75² + 2.5²) = 3.716517... 3.72 m/s magnitude
θ = arctan2.5/2.75 = 42.2736... 42.3° downstream of a line straight across
Answer:
The more money you invest and the earlier you start means your retirement savings will have that much more time and potential to grow and investing early you can be able to take advantage of compound earnings.
Step-by-step explanation:
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