Answer:
where is the question????
We are NOT told 1) the finance charge and 2) the amount of time
<span>
<span>
19,850.00
<span>
Car Price
+1,488.75 Sales Tax
</span>
<span>
</span><span> -1,000.00
Down Payment
</span>
20,338.75
</span>
</span>
This is the amount being financed
Using a loan calculator http://www.1728.org/calcloan.htm
We see that if the loan is for 9.382% and it is for 5 years,
Then the monthly payment is $425.98
We will make 60 (12 months * 5) monthly payments resulting in a total loan cost of 425.98 * 60 =
<span>
<span>
25,558.80
</span>
</span>
Total Loan Cost
-20,338.75 Money Being Financed
5,220.05 Five Year's Interest
********************************************************************
THIS ISN'T EXACTLY RIGHT - SCROLL TO THE BOTTOM
So, 5,220.05 / 60 = Interest Paid each month.
= $87.00
So,
425.98
-87.00
<span>
<span>
338.98
</span>
</span>
Each month goes toward the principal.
******************************************************************************************
Although, the monthly payment remains exactly the same each month, the amount going toward interest and the amount going to equity (what you own), changes drastically each month.
See the mortgage calculator
http://www.1728.org/mortmnts.htm
So, your first payment, of 452.98 pays for $159.02 in interest and $266.95 in principal.
Answer:
Carla needs to make at least 11 two-pointer shots in the surrent game
Step-by-step explanation:
The first thing we can do is to find the difference between the number of points that Carla scored in her first game and her second game.
This will be 46 - 24 = 22 points difference
Carla needs to make a certain number of two-pointers to get at least the same score she had in her previous game.
We can get this number of two-pointers that needed to be made by dividing the difference in scores by 2
i.e number of two-pointer shots = 22/2 =11 shots
Therefore, Carla needs to make at least 11 two-pointer shots to be able to get the same score in her current game.
Answer:
y = x - 2
Step-by-step explanation:
y + 4 = 1 (x + 2)
y + 4 = x + 2
y = x - 2
