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raketka [301]
3 years ago
5

URGENT!!!!!! URGENT!!!! WILL MARK AS BRAINLIEST!!!! Benjamin considers purchasing a car for $35,000. He has been approved for a

6-year loan for $30,000 with an interest rate of 5.25%. He also has the option to lease the car for $600 per month for 6 years with a $2,500 down payment. Using the loan amortization formula, how much money does Benjamin save over the 6 years if he purchases the car? Do not consider the future value of the car in your answer. Enter your answer as a dollar amount, such as: $4253
Mathematics
1 answer:
hram777 [196]3 years ago
7 0

Answer: $1250

Step-by-step explanation:

Given data:

Cost of car = $35,000

Down payment made = $2500

Interest rate = 5.25%

Duration of loan = 6 years

Loan Amount = $3000

Solution:

I = prt/100

where

I = interest

p = principal ($30,000)

r = 5.25%

t = 6

I = $30,000 * 5.25 * 6 /100

= $9450

interest payable on the loan in 6 years is $9450.

Rental

=$600 monthly * 6(12)

= $43,200

Amount made from renting the car is $43,200.

• Money saved by Benjamin in 6 years

= $43,200 – $32500 + $9450

= $43,200 – $41,950

= $1250

Benjamin would have saved $1250 in 6 years.

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The law of sine is the nothing but the relationship between the sides of the triangle to the angle of the triangle (oblique triangle).

The value of the z is 3.2 (rounded to the nearest tenth). The option 2 is the correct option.

<h3>What is law of sine?</h3>

The law of sine is the nothing but the relationship between the sides of the triangle to the angle of the triangle (oblique triangle).

It can be given as,

\dfrac{\sin A}{a} =\dfrac{\sin B}{b} =\dfrac{\sin C}{c}

Here A,B,C are the angle of the triangle and a,b,c are the sides of that triangle.

Given information-

The triangle for the given problem is attached below.

In the triangle the base of the triangle is 2.6 units long.

The sine law for the given triangle can be written as,

\dfrac{\sin X}{x} =\dfrac{\sin Y}{y} =\dfrac{\sin Z}{z}

As the value of y side is known and the value of z has to be find. Thus use

\dfrac{\sin Y}{y} =\dfrac{\sin Z}{z}

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Learn more about the sine law here;

brainly.com/question/2264443

4 0
2 years ago
Justin did push-ups for the past 555 days.The following data points are the number of push-ups he did each day.
Vitek1552 [10]

Answer: σ: 2.76

Step-by-step explanation:

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Sum, Σx: 125

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Variance, σ2:  7.6

Steps

look at attached pic for formula

σ^2 = \frac{Σ(xi - μ)^{2} }{N}

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⇒ \frac{38}{5}

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2 years ago
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otez555 [7]

Answer:

After the reflection over the line  y = -x, the image of the point is: (-3,-2)

Step-by-step explanation:

When a given point is reflected over a line the point only changes place but the distance between the point and the line remains same.

Let (x,y) be a point on the plane

and

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When a point is reflected over a line y = -x , the coordinates of the point are exchanged which means x becomes y and y becomes x and both are negated

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Given point is:

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