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
Murljashka [212]
2 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]2 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]2 years ago
4 0

Answer:

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

Step-by-step explanation:

You might be interested in
The residents of a city voted on wether to raise property taxes. The ratio of yes votes to no votes was 5 to 6. If there were 84
Dafna1 [17]

Answer:

The residents of a city voted on whether to raise property taxes. The ratio of yes votes to no votes was 4 to 7 . If there were 10,725 total votes .

Step-by-step explanation:

4 0
3 years ago
) Express the number 482.073 <br> Standard Form?
Inessa [10]

Answer:

It is already in standard form

Step-by-step explanation:

Four hundred eighty-two and seventy-three thousandths. = 482.073

It is already in standard form

Hope this helps!

3 0
2 years ago
Read 2 more answers
Linear equations 3(x+1)=3x+3
vaieri [72.5K]
4x + 2 - 3x + 5 - 2(x + 5) = (2x - 5) + (3x + 4) 
4x + 2 - 3x + 5  - 2x - 10 =   2x - 5 +   3x + 4 
4x - 3x - 2x + 5 + 2 - 10  =  2x + 3x - 5 + 4 
        - x             - 3           =       5x       - 1   
-x - 3 = 5x - 1 is the line above recopied 
+x     = +x       
    -3   = 6x - 1 
<span>    +1   =    + 1 </span>
    - 2   = 6x 
    - 2/6 = 6x/6 
    - 1/3 = x, the answer
3 0
3 years ago
what is the mean of the numbers 5433221 round to the nearest hundredth if necessary. NEED ANSWER ASAP
AURORKA [14]
I can't tell the numbers apart as there are no colours so I did one answer a with them all being one digit numbers and another answer as them being 2 digit numbers...

1 digit:
5 + 4 + 3 + 3 + 2 + 2 +1 = 20
20 ÷ 7 = 2.86
2 digit:
54 + 33 + 22 + 1 = 110
110 ÷ 5 = 22
6 0
3 years ago
Help me on the last two
Elanso [62]
6.5 is suppose to be on the inside of the radical sign.
7 0
2 years ago
Other questions:
  • Use breaking apart to find the product for 9 times 36
    14·2 answers
  • Fill in the blank with the missing integer.
    6·1 answer
  • Rewrite y=5(14)t/6 in the form y=a(1+r)t or y=a(1−r)t. Round the value of r to the nearest ten thousandth. Then tell whether the
    15·1 answer
  • A rectangular sandbox cover will be built to protect an area of 72 square meters. Which are possible dimensions of the cover? Ch
    12·2 answers
  • Is 2/3 bigger than 3/5
    6·2 answers
  • There are five boys and 10 girls in the glee club which ratio represents the number of boys in the club to the total number of s
    7·2 answers
  • Mai poured 2.6 liters of water into a partially filled pitcher. The pitcher then contained 10.2 liters
    9·2 answers
  • The percent of concentration of a certain drug in the bloodstream x hours after the drug is administered is given by K(x) 5x/x^2
    7·1 answer
  • Use the subtraction method to solve the system of equations. Choose the correct ordered pair. 2x-y=6
    11·1 answer
  • Triangle ABC is a right triangle. The lengths of the legs are 21 centimeters and 28 centimeters. What is the length of the hypot
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!