Ask question

Ask question

All categories

3 years ago

6

Ed walsh wanted to purchase a used car. He obtained a 6,700 installment loan at an APR of 6%. He must repay the loan in 2 years.

Find the monthly payment, the total amount repaid, and the finance charge.

1 answer:

DiKsa [7]3 years ago

3 0

Answer:

$519.43

Step-by-step explanation:

bc it is

You might be interested in

Question: When you do adding fractions, do you have to find a common demoniter? *sorry for misspelling*

docker41 [41]

Answer: yes when your adding or subtracting fractions you must find the common denominator between the two before you continue.

Step-by-step explanation:

Example: 2/4+3/2

Find the common denominator. ( in this case the common denominator is 4)

We keep the first fraction as it is cause it has the denominator 4 and we multiply the second fraction by 2 up and down to get a denominator of 4. The equation becomes 2/4+6/4

Now you add the numerators and you got your answer ( don’t forget to simplify)

The answer after adding in this case is 8/4 and when simplified it is 2

5 0

3 years ago

If you're starting salary is 40,000 and you receive a 3% increase at the end of every year what is the total amount in dollars y

storchak [24]

$\bf \qquad \textit{Amount for Exponential Growth}\\\\
A=I(1 + r)^t\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
I=\textit{initial amount}\to &40000\\
r=rate\to 3\%\to \frac{3}{100}\to &0.03\\
t=\textit{elapsed time}\to &15\\
\end{cases}
\\\\\\
A=40000(1+0.03)^{16}\implies A=40000(1.03)^{16}$

7 0

2 years ago

WHAT IS THE EQUATION OF THE LINE IN SLOPE - INTERCEPT FORM

Maksim231197 [3]

Y=10x-40
i hope that helps!!

5 0

2 years ago

Let f(x)=−1/4(x+4)^2−8 . What is the average rate of change for the quadratic function from x=−2 to x = 2? Enter your answer in

kiruha [24]

Answer:

Average rate of change of function is -2.

Step-by-step explanation:

Given $f(x)=\frac{-1}{4}(x+4)^2-8$ .

we have to find the average rate of change for the quadratic function from x=−2 to x = 2.

$f(-2)=\frac{-1}{4}(-2+4)^2-8=\frac{-1}{4}(4)-8=-9$

$f(2)=\frac{-1}{4}(2+4)^2-8=\frac{-1}{4}(36)-8=-17$

The average rate of change of the function f(x) on interval [-2,2] is

$\frac{f(b)-f(a)}{b-a}=\frac{f(2)-f(-2)}{2-(-2)}=\frac{-17-(-9)}{4}=\frac{-8}{4}=-2$

3 0

3 years ago

Nadia charges $6.50 an hour for babysitting. She babysits 16.50 hours the first week of the month and 22 hours the second week o

Sveta_85 [38]

She would need to work for 35 hours.

She earned $250.25 total the first two weeks, so divide that by the new rate per hour, $7.15, to get the 35 hours.

4 0

3 years ago