All categories

3 years ago

4. For graduation, Diamond was able to buy her first car for $24,000. Her parents gave her a present and made a

Mathematics

1 answer:

s344n2d4d5 [400]3 years ago

3 0

Answer:

$403.15

Step-by-step explanation:

Principal loan amount is the total amount minus down-payment:

$Principal=24000-1000\\\\=23000$

Knowing that $n=12\times 6=72,P=23000, r=7.99\%/12=0.006658$ , the monthly payments can be calculated using the formula:

$M=P[\frac{r(1+r)^n}{(1+r)^n-1}]\\\\=23000\frac{(0.006658(1.006658)^{72}}{1.006658^{72}-1}\\\\=403.15$

Hence, the monthly payment is $403.15

You might be interested in

Carter draws one side of equilateral △PQR on the coordinate plane at points P(-3,2) and Q(5,2). Which ordered pair is a possible

Law Incorporation [45]

Step-by-step explanation:

Hey, there!!!

Let me simply explain you about it.

We generally use the distance formula to get the points.

let the point R be (x,y)

As it an equilateral triangle it must have equal distance.

now,

let's find the distance of PQ,

we have, distance formulae is;

$pq = \sqrt{( {x2 - x1)}^{2} + ( {y2 - y1)}^{2} }$

$or \: \sqrt{( {5 + 3)}^{2} + ( {2 - 2)}^{2} }$

By simplifying it we get,

$8$

Now,

again finding the distance between PR,

$pr = \sqrt{( {x2 - x1}^{2} + ( {y2 - y1)}^{2} }$

or,

$\sqrt{( {x + 3)}^{2} + ( {y - 2)}^{2} }$

By simplifying it we get,

$= \sqrt{ {x}^{2} + {y}^{2} + 6x - 4y + 13 }$

now, finding the distance of QR,

$qr = \sqrt{( {x - 5)}^{2} + ( {y - 2)}^{2} }$

or, by simplification we get,

$\sqrt{ {x}^{2} + {y}^{2} - 10x - 4y + 29 }$

now, equating PR and QR,

$\sqrt{ {x}^{2} + {y}^{2} + 6x - 4y + 13} = \sqrt{ {x}^{2} + {y}^{2} - 10x - 4y + 29 }$

we cancelled the root ,

${x}^{2} + {y}^{2} + 6x - 4y + 13 = {x}^{2} + {y}^{2} -10x - 4y + 29$

or, cancelling all like terms, we get,

6x+13= -10x+29

16x=16

x=16/16

Therefore, x= 1.

now,

equating, PR and PQ,

$\sqrt{ {x}^{2} + {y}^{2} + 6x - 4y + 13 } = 8}$

cancel the roots,

${x}^{2} + {y}^{2} + 6x - 4y + 13 = 8$

now,

(1)^2+ y^2+6×1-4y+13=8

or, 1+y^2+6-4y+13=8

y^2-4y+13+6+1=8

or, y(y-4)+20=8

or, y(y-4)= -12

either, or,

y= -12 y=8

Therefore, y= (8,-12)

by rounding off both values, we get,

x= 1

y=(8,-12)

So, i think it's (1,8) is your answer..

Hope it helps...

3 0

3 years ago

Find the value of 8*10^0

WARRIOR [948]

8*10^0

ANYTHING to the power of 0 is ALWAYS 1.

8*1

8 is the correct answer.

7 0

2 years ago

Read 2 more answers

Which of the following fractions is equivalent to 9/15?

creativ13 [48]

Answer:

B.) 36/60

Step-by-step explanation:

some

equivalent fractions of 9/15:

3/5 = 6/10 = 9/15 = 12/20 = 15/25 = 18/30 = 21/35 = 24/40 = 27/45 = 30/50 = 33/55 = 36/60

8 0

1 year ago

Read 2 more answers

5/6-1/8 Solve by finding a common denominator A)30/48 B)34/48 C)38/48 D)42/48

GrogVix [38]

Answer:

B) 34/48

Step-by-step explanation:

The easiest common denominator to find is the product of the denominators you have.

The difference is ...

$\dfrac{5}{6}-\dfrac{1}{8}=\dfrac{5}{6}\cdot\dfrac{8}{8}-\dfrac{1}{8}\cdot\dfrac{6}{6}\\\\=\dfrac{40-6}{48}=\boxed{\dfrac{34}{48}}$

Additional comment

The difference numerator and denominator have a common factor of 2, so can be reduced to 17/24. The denominator 24 could have been used as the common denominator from the start.

5/6 -1/8 = 20/24 -3/24 = 17/24 . . . . reduced result

Using the least common denominator does not always result in a reduced sum or difference. If some other denominator is used (as here), then you can be assured that the result will need to be reduced to get to lowest terms.

8 0

2 years ago

What is equivalent to 3^4/3^7

Misha Larkins [42]

i believe your answer will be 0.04 or 4/100

OR if you need an equivalent expression, that would be 81/2187

5 0

2 years ago