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
Paha777 [63]
3 years ago
7

melissa purchased a car at the price of 20,540 with a down payment of 3,900 and financed the rest paying 8.6% interest compounde

d monthly over a payment period of 5 years she also had to pay 8.25% sales tax a $955 registration fee and $57 documentation fee what is her monthly payment
Mathematics
1 answer:
DaniilM [7]3 years ago
6 0

Answer:

$478.06

Step-by-step explanation:

let's first start out by figuring out the present value of the loan

((20540*1.0825)+955+57)-3900

Which gives me a value of 23246.55

I'm then going to assume that the 8.6% is a nominal interest rate meaning that the effectively monthly rate is equal to .086/12=.0072

Which means we have

23246.55=X(a angle 60 at .0072) (i'm using annuities to solve this if you don't know what this is just ask)

Solve this and get $478.06

You might be interested in
*If diagonal of a square is of length 10√2 cm then the perimeter of square is ...............cm.*
Artyom0805 [142]

Answer: 1️⃣ 40

Step-by-step explanation:

<em>x - is the side of the square</em>

<em />x^{2} +x^{2}   =(10\sqrt{2})^{2}  \\2x^{2}}  =200\\2x^{2} \div  2=200 \div  2 \\x^{2} =100\\x=\sqrt{100} \\x=10 \:  [cm] - side \: of  \: a \: square<em />

<em>Find the perimeter of the square.</em>

<em>Perimeter of the square = 4 × 10 cm = 40 cm</em>

<em />

8 0
3 years ago
What is the slope of -4=y+4x?
icang [17]
The slope would be -4.
I hope this helps!!
3 0
3 years ago
Read 2 more answers
Find the median and mean of the data set below: 30, 39, 24, 19, 18 Median Mean​
Eva8 [605]

Answer:  mean=26 , median=24

Step-by-step explanation:

Mean=Sum of all values/number of values

mean= 30+39+24+ 19+18/5

         = 130/5

 mean=26

Median

arrange data in order

    18,19,24,20,39

In the case of ungrouped odd-numbered data, the number that  divided data into 2 equal parts is called the median.

so median=24

4 0
2 years ago
Read 2 more answers
Malcolm bought 6 bowls for $13.20. What is the unit rate
erica [24]
You divide the total amount by the umber of items. 13.20 divided by 6. This is 2.2. The unit rate is 2.2 dollars
5 0
3 years ago
Read 2 more answers
I need help pleasee!!!!
andre [41]

Answer:

Your answer is c

Step-by-step explanation:

the two inequalities are x =< 1 and x =>2 which is shown by the number line in option c

8 0
2 years ago
Other questions:
  • in a bag of 400 jelly beans, 25% of the jelly beans are red in color. If you randomly pick a bean from the bag, what is the prob
    11·1 answer
  • (99 POINTS) Using similarity solve for x. Show all work
    7·2 answers
  • THE BRAINIEST ANSWER Opportunity!
    11·1 answer
  • Will give brainliest. please help me. Select all that are equal to 6^4(6^-5). check all that apply.
    8·1 answer
  • Gabrielle earned a weekly salary of $235 plus 8% commission on sales over $500. What was her weekly pay if she had
    15·1 answer
  • Which decimal number best describes the fraction 79 over 6?
    9·1 answer
  • a certain forest covers an area of 4800km squared. if each year the area decreased by 6.75%what will be the area after 11 years
    9·1 answer
  • Samantha is making soup. to make the broth, she combines 2/5 cup of vegetable stock and 2/3 cup of chicken soup stock. Boiling
    8·2 answers
  • Is this a polynomial, if so whats the degree
    14·1 answer
  • 50 points!! Please help!! Will mark brainliest and random answers will be reported
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!