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
Kazeer [188]
3 years ago
14

To purchase $12,900 worth of machinery for her business, Melissa made a down payment of $2100 and took out a business loan for t

he rest. After years of paying monthly payments of $478.67, she finally paid off the loan.
a) What was the total amount Melissa ended up paying for the machinery (including the down payment and monthly payments)?

(b) How much interest did Melissa pay on the loan?
Mathematics
1 answer:
Ierofanga [76]3 years ago
4 0

Answer:

a) $13588.08

b) $688.08

Step-by-step explanation:

Melissa had to purchase $12,900 worth of machinery for her business.

She made a down payment of $2100 and after that made monthly payments of $478.67 for the business loan for the rest.

Given that after years of paying monthly payments of $478.67, she finally paid off the loan.

Assume that she took 2 years to repay the loan.

a) Therefore, the total amount Melissa ended up paying for the machinery was $[2100 + (478.67 × 24)] = $13588.08 (Answer)

b) Therefore, the amount of interest that Melissa pay on the loan is $(13588.08 - 12900) =$688.08. (Answer)

You might be interested in
Can someone please help me on this problem
Dafna1 [17]

Answer:

Step-by-step explanation:

Perimeter is all sides added together.

l is length, w is width, and P is perimeter.

2l + 2w = P\\2(5x) + 2(x - 3) = 42\\10x + 2x - 6 = 42\\12x - 6 = 42\\12x = 48\\x = 4

5 0
3 years ago
Read 2 more answers
Please answer fully​
Andrews [41]

Answer:

There is a 1/6 chance of rolling a certain number and 1/2 chance of getting a heads.

1/6 x 1/2 = 1/12 so C.

1 is the chance of getting the wanted number / 6 is all the numbers in total

When there are multiple chances you just multiply the fractions

Step-by-step explanation:

4 0
3 years ago
3x + 5 - x = 9x - 7 + 12
Iteru [2.4K]

Answer:Combine like terms

3

+

5

−

=

9

−

7

+

1

2

{\color{#c92786}{3x}}+5{\color{#c92786}{-x}}=9x-7+12

3x+5−x=9x−7+12

2

+

5

=

9

−

7

+

1

2

{\color{#c92786}{2x}}+5=9x-7+12

2x+5=9x−7+12

2

Add the numbers

3

Subtract the same term from both sides of the equation

4

Simplify

5

Subtract the same term from both sides of the equation

6

Simplify

7

Divide both sides of the equation by the same term

8

Simplify

HOPE THIS HELPS :)

Step-by-step explanation:

4 0
3 years ago
staci has seven more cats than Talyor. write an expression that illustrates how many cats staci has. use x to represent the numb
belka [17]
X = 7 + staci  since 7 more cats added to x is stacis amount
7 0
3 years ago
Read 2 more answers
What x value solves this equation? 3x-5=1
horrorfan [7]

Answer:

x=2

Step-by-step explanation:

Add 5 to each side.

3x-5+5=1+5

3x=6

Divide each side by 3.

Your answer would be x=2.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Please help. <br><br> Solve 2x - 8 &lt; 7.
    10·2 answers
  • Which of the following is the shape of a cross-section of the figure shown
    15·1 answer
  • Estimate the value to the nearest hundredth (/0-0)/
    8·1 answer
  • -4-(3+6²)÷13-1²•(-12)=
    8·1 answer
  • The radius of a circle is 1 inch. What is the circumference?
    15·1 answer
  • What are the x- and y-intercepts of the graph of 5x-4y= -20
    8·2 answers
  • How to write-x^2-x+4 in descending order
    13·2 answers
  • PLS HELP
    15·1 answer
  • 1f (-2, y) lies on the graph of y = 3, then y =​
    8·1 answer
  • X - 4y = 1 and 3x + 2y = -11. What is the solution to the system of equations?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!