I need help asappp pleaseee
1 answer:
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Answer:
The monthly payment is $262.95
Step-by-step explanation:
* Lets explain how to solve the problem
- Omar has decided to purchase an $11,000 car
- He plans on putting 20% down toward the purchase
* Lets find the value of the 20%
∵ The principal value is $11000
∴ the value of the 20% = 20/100 × 11000 = 2200
∴ He will put $2200 down
* Lets find the balance to be paid off on installments
∴ The balance = 11000 - 2200 = 8800
- He financing the rest at 4.8% interest rate for 3 years
* Lets find the rule of the monthly payment
∵ , where
- pmt is the monthly payment
- P = the investment amount
- r = the annual interest rate (decimal)
- n = the number of times that interest is compounded per unit t
- t = the time the money is invested or borrowed for
∵ P = 8800
∵ r = 4.8/100 = 0.048
∵ n = 12
∵ t = 3
∴
∴
* The monthly payment is $262.95
First set everything to 0.
Giving you A= 1 , B= 1 and C= -5
Then input everything into the quadratic formula and either solve by hand or use a calculator.
Note exact values are found by hand, decimals are found using a calculator.
Giving you A= 1 , B= 1 and C= -5
Then input everything into the quadratic formula and either solve by hand or use a calculator.
Note exact values are found by hand, decimals are found using a calculator.
For this case we have the following expression:
Rewriting the expression we have:
1) First we subtract the numbers within the parenthesis:
2) Then, we solve the exponents:
3) Then, multiplication:
4) Finally, the addition of numbers is made:
Answer:
the value of the expression is:
B: 29