Since Max found a car he wants to buy that costs $16,000, and he can afford to pay $ 250 a month for the car, and his bank offers him a car loan of 7.3%, and the length of his loan should be about 5 years, to determine if he can afford the payments, the following calculation must be performed:

(16000 x 1.073 ^ 5) / (5 x 12) = X
22,757.187 / 60 = X
379.28 = X

Therefore, each monthly payment will be $ 379.28, so Max won't be able to afford the payments.

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2 years ago

The cost of tickets to a circus is expressed by the function y = 4x + 2, where

-BARSIC- [3]

Answer:

Step-by-step explanation:

This is a linear function, written in the form y=mx+b, where m is the slope, or how many dollars each ticket costs in the case, and b is the initial value of the function, or in this case the cost before any tickets are added to the account.

Since 4x is the slope (4 times however many tickets one purchased), 2 is the initial value before we buy tickets.

You can also plug in 0 for x and get $4(0)+2=2$