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>
Model
<span>
When making a guess and retesting this information, a
theory or <u>model</u> may be formed which explains why something has occurred
or what it may look like. Models are a representation of a certain situations
that has occurred. These models can provide and amplify a clearer perception
and comprehension of how and what processes are involved in an occurred
phenomenon. And by that said, it can change and be modified depending on which factor
catalyzed the alterations. </span>
The answer is probably 2 because if you plug in the numbers you would get
3x-4=-12 divided by -6 = +2.
Answer:
15
Step-by-step explanation:
The absolute value takes any value and makes it positive.
|15| = 15
