The first step is to determine how accurate your estimation needs to be. Then create the iniatial estimate.
We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month.</span>
Answer:
0.25
Step-by-step explanation:
1. Add up all of the students.
20+20+25+7+13+5+3+2+5=100
2. Make a ratio of that number and the number of all the students in Music/Drama
MUSIC/DRAMA: 7+13+5=25
3. Simplify
= 0.25
Answer:
10/1 +54/-6
Step-by-step explanation:
Is this the answer?
Answer:
colby
hourly rate =$8.90
overtime rate = time and a half = 1.5
the hourly overtime rate is the product of the overtime rate and the hourly rate.
hourly overtime rate= overtime rate × hourly rate
= 1.5 × $8.90
= $13.35
Cheryl
hourly rate = $7.10
overtime rate = double time = 2
the hourly overtime rate is the product of overtime rate and the hourly rate.
hourly overtime rate = overtime rate × hourly rate
= 2 × $7.10
= $14.20
<h3>Comparison</h3>
we note that the hourly overtime rate of cheryl is higher than the hourly overtime rate of colby, which implies that cheryl earns more for one hour of overtime.
we are also interested in the difference of the hourly overtime rate:
hourly overtime rate colby — hourly overtime rate cheryl
= $14.20 – $13.35
= $0.85
thus cheryl earns $0.85 more for one hour of overtime than colby .
<h3>result</h3>
<h2>cheryl,$0.85</h2>
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