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Stolb23 [73]
2 years ago
8

Steve wants to buy a new car and sees $12,000 car for which the dealership will provide 8% financing because of Steve's poor cre

dit score. Sam has a better credit score and did some research before trying to buy his vehicle, so he was able to get a $16,000 car at 1.5% interest. Assuming the interest is compounded annually, who will pay the more at the end of the 5-year term for these car loans? Support your answer by stating the equation AND answer for BOTH Sam and Steve
Mathematics
1 answer:
blsea [12.9K]2 years ago
5 0

5000

Step-by-step explanation:

because u have to add

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What’s the answer???
Andreyy89

Answer:

69

Step-by-step explanation:

6 0
2 years ago
We buy these products for $50.00 and then sell them for $67.00. That means that our price markup is?
Gekata [30.6K]

That means our price markup is $67.00-$50.00=$17.00

3 0
2 years ago
How much higher is checkpoint 4 than checkpoint 1<br> checkpoint 1= -86<br> checkpoint 4= 2,177
Rina8888 [55]
Answer is 2263.
Checkpoint 1 is -86 
Checkpoint 4 is 2177
Subtract -86 from 2177....2177-(-86)
   =2263
2263 is how much higher checkpoint 1 (-86) is from checkpoint 4 (2177)

Hope this helps! :)
6 0
2 years ago
Read 2 more answers
Geometrymodel give each triangle a different color
Citrus2011 [14]
What are you asking? 
7 0
2 years ago
Claire accepted a new job at a company with a contract guaranteeing annual raises. Let S
TiliK225 [7]

Answer:

6 years

Step-by-step explanation:

First, you need to write an equation for this problem. I'll write it in slope intercept:

y = mx + b

where m is the slope and b is the y-intercept

To find m, do (change in y/change in x):

using (2, 59000) and (5, 72500),

(72500 - 59000) / (5 - 2)

= 13500 / 3

= 4500

So we have y = 4500x + b

To find b, plug in one of the points into the equation with the slope:

using (2, 59000),

y = 4500x + b

59000 = 4500(2) + b

59000 = 9000 + b

50000 = b

So now you have an equation: y = 4500x + 50000. Now that there is an equation, just insert the given y-value and solve:

when y = 77000

y = 4500n + 50000

= 77000 = 4500x + 50000

= 27000 = 4500x

= 6 = x

So, when Claire's Salary is 77000, her number of years at the company is 6.

6 0
3 years ago
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