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3 years ago

3. The Statue of Liberty is 305 feet tall. Lisa has a replica that is 9 inches tall and the

Mathematics

1 answer:

Fed [463]3 years ago

6 0

Answer: 33.9 inches

Step-by-step explanation:

Assuming you meant to write that the length of the right arm holding the torch is 1 inch:

The statue is 305 feet tall and the replica is 9 inches tall.

If the replica's right arm is 1 inch, the actual arm will be:

= 1 * 305/9

= 33.9 inches

<em>If right arm of replica was not 1 inch, use this answer as reference. </em>

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3 years ago

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3 years ago

Henry buys a large boat for the summer, however he cannot pay the full amount of $32,000 at

Anna007 [38]

Answer:

Monthly payments=$418.14

Total amount will be=down payment + 48×$418.14

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Step-by-step explanation:

Loan payment per month=Amount to pay÷discount factor

Mathematically P=A÷D

where D is the discount factor calculated using the formula;

$\frac{(1+i)^n-1}{i(1+i)^n}$

where i=periodic interest rate=annual rate divided by number of payment periods

A is the amount to pay after downpayment

P is the loan monthly payment amount

n=number of periodic payments=payments per year times number of years

⇒In this question you find the discount factor then divide the amount remaining to pay with the discount factor to get monthly payments

Given;

Cost of boat=$32000

Down payment=$14000

Loan to pay=$32000-$14000=$18000

Annual rate=5.5%=i=5.5%÷12=0.458%⇒0.00458

Periodic payments, n=4×12=48

Finding the discount factor D;

$D=\frac{(1+i)^n-1}{i(1+i)^n} \\\\\\D=\frac{(1+0.00458)^{48} -1}{0.00458(1+0.00458)^{48} } \\\\\\D=\frac{1.2455-1}{0.005703} \\\\\\D=\frac{0.2455}{0.005703} =43.05$

To get the amount to pay monthly divide the loan to pay with the discount factor

$=\frac{18000}{43.05} =418.14$

Monthly payments=$418.14

Total amount will be=down payment + 48×$418.14

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3 years ago