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PolarNik [594]
3 years ago
8

Kawai requires a loan of $33,000 to buy a used sport utility vehicle. His banks offers financing at 6.75% compounded monthly, fo

r a term of 6 years, payable monthly. What is the total cost of this loan?
Mathematics
1 answer:
UkoKoshka [18]3 years ago
7 0

Answer:

$49,126.87

Step-by-step explanation:

Given data

Principal= $33,000

rate= 6.75%

Time= 6 years

First, convert R as a percent to r as a decimal

r = R/100

r = 6.65/100

r = 0.0665 rate per year,

Then solve the equation for A

A = P(1 + r/n)^nt

A = 33,000.00(1 + 0.0665/12)^(12)(6)

A = 33,000.00(1 + 0.005541667)^(72)

A = $49,126.87

Hence the final amount is  $49,126.87

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What is n in the equation 12 + 12n = -48
Liula [17]
Hello!

To solve an algebraic equation, you must isolate the variable on one side. We’ll begin by restating the given equation:

12 + 12n = -48

Now subtract 12 from both sides of the equation:

12n = -60

Divide both sides by 12:

n = -5

We have now proven that “n” is equal to (-5).

I hope this helps!
3 0
3 years ago
Evaluate -2a^2 if a = -5/2<br><br> -25<br><br> -12 1/2<br><br> 25 <br><br> 12 1/2
OLEGan [10]
-12.5 or -12 1/2 so easy
5 0
3 years ago
Suppose that 12 inches of wire cost 48 cents at the same rate how many inches of wire can be bought for 28 cents
goldenfox [79]

Answer:

7 in

Step-by-step explanation:

If 12 inches of wire can be bought for $0.48, we can set up the following ratio:

\frac{12\text{ in}}{\$0.48}

Then, to determine how many inches of wire can be bought for $0.28, set up equivalent fractions, as such:

\frac{12\text{ in}}{\$0.48}=\frac{x}{\$0.28}

Then, cross-multiply and solve for x:

\$0.48x=(\$0.28)(12)

\$0.48x=\$3.36

x=\frac{\$3.36}{\$0.48}

x=7

3 0
1 year ago
6. If b&gt;6, then 3b + 3 could be<br> A. 18<br> B. 19<br> C. 20<br> D. 21<br> E. 22
Gala2k [10]

Answer:

E. 22

Step-by-step explanation:

Hello!

We know that b>6, and we are asked to find the possible values for 3b + 3.

Let's directly substitute 6 for b:

  • 3(6) + 3
  • 18 = 3
  • 21

Now, because b is greater than 6, and not equal to 6, any value greater than 21 will work.

The correct option is E. 22.

7 0
2 years ago
Find the area of the circle with a circumference of 50.24 units help me plz
swat32
Circumference of a circle=diameter times pi

50.24=d(3.14)
d=16

radius is half of diameter so radius is 8

Area of a circle=pi(r^2)

(3.14)(8^2)=(3.14)(64)=200.96
4 0
3 years ago
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