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AlladinOne [14]
2 years ago
5

1.Anthony has decided to purchase a $19,000 car. He plans to put 20% down toward the purchase and to finance the rest at a 6.8%

interest rate for 4 years. Find his monthly payment.
2.Find the total price Anthony paid for the vehicle.

Steps shown please.
Mathematics
1 answer:
Nikitich [7]2 years ago
3 0
<h2>First step/Equation</h2>

Answer:

 $362.57

Step-by-step explanation:

A suitable calculator or finance app can find the monthly payment for you. This result comes from a TI-84 calculator.

___

The second attachment shows the parameters of the payment function. With 20% down, Anthony is only financing 80% of the price of his car. Of course, there are 12 months in a year, so 4 years worth of payments will be 48 payments. The calculator uses negative values for amounts you pay.

___

No doubt your reference material shows you a formula for computing loan payments. One such is ...

 A = Pr/(1 -(1+r)^-n)

where r is the monthly interest rate, 0.068/12, and n is the number of payments, 48. The principal amount of the loan, P, will be 19,000×0.80. This formula gives the same result as that shown above and below

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Luda [366]

The total number of digits used when the  first 2002 positive even integers are written is 4 digits

<h3>How to find the number of sequence?</h3>

Using arithmetic sequence,

nth term = a + (n - 1)d

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a = 2

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learn more on sequence here: brainly.com/question/15456604

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2 years ago
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Step-by-step explanation:

Hello!

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In this example, the researcher merely took the information of interest from the survey that was taken. The researcher did not intervene in any way in the experiment. Because of the lack of intervention from the researcher, it is not valid to use the conclusions of this experiment to generalize to all American adults. For instance, it is not sure that the sample is representative, all people responding to the survey may be healthy or have certain eating habits. This also shows that many confusing factors are not taken into account like:

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I hope it helps!

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Answer:

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