3 years ago

What would be the finance charge on a 5-year loan for a new Honda Accord costing $32,000 at 3.99% APR? *

1 answer:

8 0

Finance charge = Monthly payment*Months of payment - Borrowed amount = (n*A)-P
n= years*12=5*12= 60 months, P =$32,000, APR=3.99% = 0.0399

Monthly payment (A) ={ APR/12*P}/{1-(1+APR/12)^-n} = {0.0399/12*32000}/{1-(1+0.0399/12)^-60} = $589.18
Therefore,

Finance charge = 589.18*60-32000 = $3,351.06

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Ostrovityanka [42]

Answer:

(4s+7a) 376=2080

Step-by-step explanation:

(4s+7a) 376=2080

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mestny [16]

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If f(x) = 3x²+2 and g(x)=x2-9, find (f- g)(x).

Solnce55 [7]

Answer:

Step-by-step explanation:

Depending on whether or not the g(x) is x^2 or 2x, I have both ways.

If g(x) is x^2 - 9...

--> (3x^2 + 2) - (x^2 - 9) = 2x^2 + 11

If g(x) is 2x...

--> (3x^2 + 2) - (2x - 9) = 3x^2 - 2x + 11