Answer:
With rare exceptions, cars decrease in value with age. Depending on other factors, like accidents, repairs, or other damage, the value of a car may decrease even faster. If you borrowed money to buy a car, you might owe more on your car loan than its current value. When that happens, you have negative equity in the car. Some car dealers say you won’t be responsible for the remaining balance on your old car loan when you trade in your old car. But that might not be true. Dealers sometimes just roll over the negative equity into your new car loan, so you still end up paying it.
Step-by-step explanation:
Say you want to trade in your car for a newer model.
Your loan payoff is $18,000
Your car is worth $15,000
You have negative equity of $3,000. That must be paid if you want to trade in your vehicle. If the dealer promises to pay off the $3,000, it shouldn’t be included in your new loan.
But some dealers
add that $3,000 to the loan for your new car
subtract the amount from your down payment
or do both
Answer:
Interes ganado= €59.07
Step-by-step explanation:
Dada la siguiente informacion:
300€ durante 5 años al 0.3% de interés compuesto mensual.
<u>Para calcular el valor final de la inversión y el interés ganado, debemos usar la siguiente formula:</u>
FV= PV*(1 + i)^n
Present Value= 300
i= 0.003
n= 5*12= 60 meses
FV= 300*(1.003^60)
FV= 359.07
Interes ganado= 359.07 - 300
Interes ganado= 59.07
Let the value of the car be represented by V and the amount of years by y.
This gives us the following formula:
V = 25,635 - 3000y
(This is because we start with a value of $25,635 and the value decreases by $3,000 every year 'y')
Now, we want to know when the car is worth $3,135, so we know V = 3,135
Now we can make up our equation:
25,365 - 3,000y = 3,135
Collecting terms gives us:
-3,000y = -22,500
Finally we divide by -3,000 to find 'y'
y = -22,500 / -3,000 = 7.5
Hence, the car will be worth $3,135 after 7.5 years.
Answer:
The arc length of the partial circle is 
Step-by-step explanation:
we know that
The circumference of a circle is equal to
In this problem we have a 3/4 of a circle
so
the circumference is equal to
we have
substitute
If you're using a coordinate plane, I think it makes a trapezoid
