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Murljashka [212]
3 years ago
12

Tim needs a new car while he attends college in the United States for the next three years. The car he would like has a MSRP of

$15,000. A local dealer can get him a 3-year loan with a 7% interest rate if Tim can give them a $1,500 down payment.
The same dealer offers the same car to lease with a money factor of 0.00271 and a residual value of 75%. The lease requires an additional fee of $1,250 to cover Tim’s security deposit and the acquisition and documentation fees for the car.

Tim is looking to drive the car home with the smallest initial out-of-pocket cost. Which of the following statements is true?
a.
The initial out-of-pocket cost is less for the lease.
b.
The initial out-of-pocket cost is less for the loan.
c.
The initial out-of-pocket cost is the same for the lease and loan.
d.
The initial out-of-pocket cost for a lease is not comparable to that of a loan.
Mathematics
2 answers:
lilavasa [31]3 years ago
4 0

Answer:

Its A. The initial out-of-pocket cost is less for the lease.

Step-by-step explanation:

I just got it right:)

Cloud [144]3 years ago
4 0

Answer:

A.  The initial out-of-pocket cost is less for the lease.

Step-by-step explanation:

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Give the digits in the tens place and the tenths place.<br><br> 12.05
Alina [70]
The digit in the tens place is 1.

The digit in the tenths place is 0.
3 0
3 years ago
High grade steel consists of 85% iron and 15% magnese. Low grade steel consists of 67% iron and 33% mag ese. NASA orders 500 ton
Mamont248 [21]

Answer:

361\dfrac{1}{9} tons of high steel and 138\dfrac{8}{9} tons of low steel

Step-by-step explanation:

Let x be the number of tons of high grade steel and y be the number of tons ow low grade steel needed.

In x tons of high grade steel there are

0.85x tons of iron

0.15x tons of magnese

In y tons of low grade steel there are

0.67y tons of iron

0.33y tons of magnese

NASA orders 500 tons of steel, so

x+y=500

and specifies that it must be in the proportion 80% iron and 20% magnese, so

0.85x+0.67y=500\cdot 0.8\\ \\0.85x+0.67y=400

From the first equation,

x=500-y

Substitute it into the second equation:

0.85(500-y)+0.67y=400\\ \\425-0.85y+0.67y=400\\ \\-0.18y=-25\\ \\y=\dfrac{2,500}{18}=138\dfrac{8}{9}\ tons\\ \\x=361\dfrac{1}{9}\ tons

7 0
3 years ago
The cost (in dollars) in making b bracelets is represented by 4+5b. The cost (in dollars) of making b necklaces is represented b
ddd [48]
Answer:

P(b)=3b+2

Step-by-step explanation:

The cost (in dollars) in making b bracelets is represented is

B(b)=4+5b

The cost (in dollars) of making b necklaces is

N(b)=8b+6

To find how much more it will cost to make b necklaces than b bracelets, we find the difference,

P(b)=N(b)-B(b)

P(b)=8b+6-(4+5b)

P(b)=8b+6-4-5b

P(b)=3b+2

This is a polynomial in descending powers of b, hence it is in standard form;
8 0
3 years ago
In one day, Annie traveled 5 times The sum of the numbers of hours Brian traveled and two. Together they traveled 20 hours. Find
grigory [225]

5B + B = 20

6B = 20

B = 20 / 6  

= 10/ 3 hrs

A = 5 ( 10/3 + 2)

 = 5 (16/3)

 = 80 / 3 hrs  

 Brian traveled 10/3 hours and Annie traveled 80/3 hours.

6 0
3 years ago
Compare rates of change.
MrMuchimi
Y=foot
x=foram

A. easy, plug 17 for x and evaluage for y
y=0.860(17)+3.302
y=14.62+3.302
y=17.922 inches


B. rate of change is slope
y=mx+b
m=slope
so
rate or change is 0.860 inches per legnth of forarm

C. what data

D. it is a function
since it is 1st degree (no exponents greater than 1 on the placeholder), and it is not a vertical line
it is a function
7 0
3 years ago
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