Answer:
i don't know
Step-by-step explanation:
so i have 20 the answer i thin
Answer:
$50,000
Step-by-step explanation:
Let x = car sales
We multiply x by 0.02 since she earns 2% along with the added $2500 so that she can end up with $3500
3500 = 0.02x + 2500
Subtract 2500 from both sides
3500 - 2500 = 0.02x + 2500 - 2500
1000 = 0.02x
Divide both sides by 0.02
1000/0.02 = 0.02x/0.02
x = 50000
Answer:
Nearest tens: 20
Nearest tenths: 24.8
Nearest whole: 25
Nearest hundredths: 24.77
What’s the answer is the answer
Answer: the total lifetime cost for the loan is $11616.4
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total cost of the loan at the end of t years.
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount borrowed.
From the information given,
P = $5,500
r = 7.5% = 7.5/100 = 0.075
n = 12 because it was compounded 12 times in a year.
t = 10 years
Therefore,
A = 5500(1 + 0.075/12)^12 × 10
A = 5500(1 + 0.00625)^120
A = 5500(1.00625)^120
A = $11616.4
