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.
The mean GPA is greater than 2.75.
<h3>
What is GPA?</h3>
- A grade point average is a figure that represents the average of the final grades obtained in courses over time.
- A student's grade point average, sometimes known as a GPA, is computed by adding all accumulated final grades and dividing the total by the number of grades granted.
To find the GPA:
- GPA is calculated and could be utilized by the college to tell choices, which include the subsequent educational progression.
- Divide the total range of grade factors earned with the aid of the total number of letter-graded units undertaken.
- Mean GPA = total/50
- = 2.75.
Therefore, the mean GPA is greater than 2.75.
Know more about GPA here:
brainly.com/question/17010398
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I have no idea sorry brainly is making me answer questions here’s a picture of my dog
X^2 - y^2 - 2x + 6y - 8
<span>= (x^2 - 2x + 1) - (y^2 - 6y + 9) - 8 - 1 + 9 </span>
<span>= (x - 1)^2 - (y - 3)^2 </span>
<span>= [(x - 1) - (y - 3) ] [(x - 1) + (y - 3)] </span>
<span>= (x - 1 - y + 3) ( x - 1 + y - 3) </span>
<span>= (x - y + 2) (x + y - 4)</span>
Hey i don’t wanna do math right now but there’s a link that i could post in the comments if you want it
