1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Simplify the following expression (x+3)(x+5)
Tju [1.3M]

Answer:

2x+8

Step-by-step explanation:

Here, you have to find the similar sides. x and x are both the same thing, while 3 and 5 are both integers (whole numbers).

You add the similar sides together, then that is your answer.

x + x= 2x, and 3+5= 8.

Note: Just because I said that x and x are the same doesn't mean that you can just add random numbers together in other questions.

3 0
3 years ago
What is the square root of -1
liraira [26]

Answer:

i.

Step-by-step explanation:

.

4 0
3 years ago
Read 2 more answers
A Web site sells products for a small business. The Web site collects 30 percent of the revenue from the products that the busin
Nina [5.8K]
4050 dollars
 
you simply multiply the deal on the jeans times the most that they can sell then divide the total by .3 which is the amount of revenue that the buisness makes off of it.

4 0
3 years ago
A + (-25)=75 <br> Solve the equation
gogolik [260]
You can rewrite this as A - 25 = 75. You always can cancel adding a negative into just subtracting, and although it may not seem important yet, it’s a good habit to get into for further algebra.
A = 100.
5 0
3 years ago
4. If A is at (4, -1) and B is at (2,-7), find the midpoint of segment AB.
melomori [17]
The answer is (3,-4). On a graph you see it is right in the middle. Hope this helps.

8 0
3 years ago
Other questions:
  • Evaluate functions from their graph. g(-5)=
    11·1 answer
  • Use an inequality symbol (&lt;, &gt;, =, ≤) to compare −3 + 7 _____ −10 − 2
    6·1 answer
  • If you order a set of numbers from least to greatest, the middle number is the median. Find the median of the following set of n
    13·1 answer
  • Solve for x 3x+wx=20
    8·1 answer
  • !!Please help!! Its due tmr please thanks !!
    12·1 answer
  • A college administrator claims that the proportion of students that are female is greater than 62%. To test this claim, a random
    14·1 answer
  • How many glasses like the one shown can be filled three-quarters full from the pitcher holding 150 cubic inches of water? Assume
    10·1 answer
  • I need help with this.
    12·1 answer
  • Find the approximate area of the shaded region below, consisting of a right triangle with a circle cut out of it. Use 3.14 as an
    11·1 answer
  • How do you find what exponents of i are? like I know i^2 is -1, but how are you supposed to figure out i^26? do you have to writ
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!