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Shalnov [3]
3 years ago
10

Savannah is buying a $1,200.00 Iphone 12 on an installment plan. She makes a down payment of $200.00. She makes monthly payments

of $55.00 for 2 years. What is the total finance charge?
SHOW THE WORK PLEASE ​
Mathematics
1 answer:
natita [175]3 years ago
7 0

Answer:

1.5789... is the interest rate

Step-by-step explanation:

200 down payment

1320. = 55 times 24 monrhs

----------

1520.00 total paid in 2 years

-1200. original price

---------

320. interest paid to finance company

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Burnwood Tech plans to issue some $50 par preferred stock with a 8% dividend. A similar stock is selling on the market for $65.
Vanyuwa [196]

Answer:

6.5%

Step-by-step explanation:

The formular used to calculate the cost of preferred stock is:

= Fixed dividend/Net proceeds

Fixed dividend= $50 × 8/100

= $50×0.08

=$4

Net proceeds= Market price-Flotation costs

= $65-(6/100×$65)

= $65-(0.06×$65)

= $65-3.9

= $61.1

Therefore cost of preferred stock is

= 4/61.1 ×100

= 0.065×100

= 6.5%

Hence the cost of preferred stock is 6.5%

8 0
3 years ago
sarah, natasha and richard share some sweets in the ratio 5:2:4. sarah gets 60 sweets. how many did richard get?​
Sindrei [870]

Answer:

48 sweets

Step-by-step explanation:

5:2:4

Sarah: 5

Natasha:2

Richard:4

To find out how many sweets Richard got, we need to use 60 as the lcm. Since, we have a definite constant of 60 we need to divide it by the presiding ratio.

60/5 = 12

That means for a ratio of 1, everyone in the group recieves 12.

Now, we plug it in for each of the members.

5x = Sarah

2x = Natasha

4x = Richard

Sarah = 60 sweets

Natasha = 24 sweets

Richard = 48 sweets

6 0
3 years ago
Here are the boiling points elements in degrees Celsius
ladessa [460]

Answer:

Chlorine, Krypton, Argon, Fluorine, Hydrogen

Step-by-step explanation:

Look at the numbers and sort them from least to greatest. It could be the opposite answer to since the larger the negative number the smaller the value.

8 0
3 years ago
Read 2 more answers
Can someone pls help me ?
Elan Coil [88]

the graph does not represent a function cause when you make a t chart and put all of the points on it some of the y's have the same x. to have a liniar function the x points and the y points have to be to one another accept the y points can have two of the different x points. you can also do the vertical line test to se if it is a function.

 the answer is c.


4 0
3 years ago
Please help me I don’t understand
Ann [662]

Answer:

I think its C if I’m wrong sorry

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
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