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STatiana [176]
2 years ago
7

Answer The Question On The Picture

Mathematics
1 answer:
taurus [48]2 years ago
8 0

Answer:

a

Step-by-step explanation:

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Henry buys a large boat for the summer, however he cannot pay the full amount of $32,000 at
Anna007 [38]

Answer:

Monthly payments=$418.14

Total amount will be=down payment + 48×$418.14

$14000+$20070.84=$34070.84

Step-by-step explanation:

Loan payment per month=Amount to pay÷discount factor

Mathematically  P=A÷D

where D is the discount factor calculated using the formula;

\frac{(1+i)^n-1}{i(1+i)^n}

where i=periodic interest rate=annual rate divided by number of payment periods

A is the amount to pay after downpayment

P is the loan monthly payment amount

n=number of periodic payments=payments per year times number of years

⇒In this question you find the discount factor then divide the amount remaining to pay with the discount factor to get monthly payments

Given;

Cost of boat=$32000

Down payment=$14000

Loan to pay=$32000-$14000=$18000

Annual rate=5.5%=i=5.5%÷12=0.458%⇒0.00458

Periodic payments, n=4×12=48

Finding the discount factor D;

D=\frac{(1+i)^n-1}{i(1+i)^n} \\\\\\D=\frac{(1+0.00458)^{48} -1}{0.00458(1+0.00458)^{48} } \\\\\\D=\frac{1.2455-1}{0.005703} \\\\\\D=\frac{0.2455}{0.005703} =43.05

To get the amount to pay monthly divide the loan to pay with the discount factor

=\frac{18000}{43.05} =418.14

Monthly payments=$418.14

Total amount will be=down payment + 48×$418.14

$14000+$20070.84=$34070.84

8 0
3 years ago
Find the product. Simplify your answer.<br> (2u–4)(u2+2u–1)
Goshia [24]
It would be 2u3+4u2-2u-4u2-8u+4= 2u3-10u+4
4 0
2 years ago
How do I get 10 using only the numbers 9, 4, 5, ,0, and 2 and only using multiplication and subtraction once?
QveST [7]

Answer:

5 times 2

Step-by-step explanation:

5 times 2 because I know my multiplication. Even if I didn't know my ti.es table I can just look at it

6 0
2 years ago
A basketball team played 14 games. the team's mean score was 66 points. how many total points did they score in the 14 games?
muminat
924 is the answer i think
5 0
3 years ago
Please help me if you can please
pychu [463]

Answer:

hello! :) have a good day!

Exact Form:

x= 87/35

Decimal Form:

x= 2.48571428

Mixed Number Form:

x= 2 17/35

5 0
2 years ago
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