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timama [110]
3 years ago
15

An auto dealership is advertising that a new car with a sticker price of $35,208 is on sale for $25,995 if payment is made in fu

ll, or it can be financed at 0% interest for 72 months with a monthly payment of $489. Note that 72 payments × $489 per payment = $35,208, which is the sticker price of the car. By allowing you to pay for the car in a series of payments (starting one month from now) rather than $25,995 now, the dealer is effectively loaning you $25,995. If you choose the 0% financing option, what is the effective interest rate that the auto dealership is earning on your loan?
Mathematics
1 answer:
frutty [35]3 years ago
6 0

The answer is: APR = 10.56%

Explanation:   Using an excel spreadsheet and the RATE function, we can calculate the monthly interest rate of buying the car:

=RATE(72,-489,25995)

= 0.8803% monthly interest rate

Then we multiply the monthly interest rate by twelve to get the APR:

APR = 0.8803% x 12 = 10.56%

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a buret is a tool designed to transfer precise amounts of liquid .A buret initially contains 70.00 millimeters of a solution and
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Let:

Vbu= Volume of the buret

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\begin{gathered} Vbu=70-ax \\ Vbk=20+ax \\ \text{where:} \\ a=0.05 \\ Vbu=70-0.05x \\ Vbk=20+0.05x \end{gathered}

after how many drips will the volume of the solution in the buret and beaker be equal ?​ Vbu = Vbk:

\begin{gathered} Vbu=Vbk \\ 70-0.05x=20+0.05x \\ \text{Solve for x:} \\ 0.1x=70-20 \\ 0.1x=50 \\ x=\frac{50}{0.1} \\ x=500 \end{gathered}

5 0
1 year ago
A polynomial function has a root of –6 with multiplicity 1, a root of –2 with multiplicity 3, a root of 0 with multiplicity 2, a
densk [106]
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3 years ago
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Solve for t in scientific formula d=rt
yarga [219]
The problem is: d=rt
you are solving for r

d=rt
--  --
t    t


you divide both sides by r, so your answer is:

d/t=r or r=d/t

I hope this helped! :))
3 0
3 years ago
The graph of a sinusoidal function intersects its midline at (0,5) and then has a maximum point at (\pi,6)
lesya692 [45]
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The maximum point is 1 unit above the midline, so the amplitude is 1. 

The maximum point is π units to the right of the midline intersection, so the period is 4 * π.
 
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The amplitude is 1, so |a| = 1. Since a >0 we can conclude that a=1. 

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f(x) = 1 sin ( \dfrac{1}{2}x)+5   <span>= Solution </span>
4 0
3 years ago
If the diameter of a circle has endpoints A (7,2) and B (-1,8), where is the center?
docker41 [41]
In the middle: x-coordinate= {7-(-1)}/2= 4 y-coordinate= (8-2)/2= 3 So centre is (4,3)
3 0
3 years ago
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