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3 years ago

$24,000 for new Honda, 2.75% interest rate for 4 years. What is the monthly payment? ( Explanation needed)

Mathematics

2 answers:

noname [10]3 years ago

7 0

2.75/100=0.0275
= 24000 x ( 1 + 0.0275 ) ^ 4= 26750.91
26750.91 - 24000 = 2750.90
i’m sorry if it’s wrong

Semenov [28]3 years ago

3 0

Answer:

(Use the attached formula)

24,000 for 4 years (48 months) at 2.75% interest

We divide rate by 1,200 which equals 0.0022916667

Monthly Payment = 0.0022916667 + {(0.0022916667 / [(1.0022916667)^48 -1]} * 24,000

Monthly Payment = 0.0022916667 + (0.0022916667 / (1.1161375981 -1) * 24,000

Monthly Payment = [0.0022916667 + (0.0022916667 / 0.1161375981 ] * 24,000

Monthly Payment = [0.0022916667 + 0.0197323411 ] *24,000

Monthly Payment = 0.0220240078 * 24,000

Monthly Payment = 528.5761872 = 528.58 (rounded)

Step-by-step explanation:

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4 years ago

Explain the level of uncertainties involve in concept of probability. The next generation of miniaturized wireless capsules with

RUDIKE [14]

Answer:

a) the probability that Both motors will operate satisfactorily in the capsule 0.6222

b) the probability that One motor will operate satisfactorily and the other will not is 0.3556

Step-by-step explanation:

Given that;

total number of motors N = 10

number of motors will not operate satisfactory m = 2

number of motors randomly selected n = 2

let X be number of motors will that will not operate successfully

here, X≅Hyper geometric (x; N,n,m)

The probability mass function of x is;

P (X = x)= { m } {N - m }

{x } {n - x}

⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻

{ N }

{ n }

the probability that both motors will operate satisfactorily in the capsule i.e no motor will not operate satisfactory

P(X= 0) = { 2 } { 10 - 2 }

{0 } { 2 - 0}

⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻

{ 10 }

{ 2 }

P (X = 0) = { 2 } { 8}

{ 0 } { 2 }

⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻

{ 10 }

{ 2 }

p(P= 0)=1×28 / 45 = 28/45 = 0.6222

Therefore the probability that Both motors will operate satisfactorily in the capsule 0.6222

the probability that one motor will operate satisfactorily and the other will not.

P(X=1) = { 2 } { 10 - 2 }

{ 1 } { 2 - 1 }

⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻

{ 10 }

{ 2 }

P(X=1) = { 2 } { 8 }

{ 1 } { 1 }

⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻⁻

{ 10 }

{ 2 }

P(X=1) = 2×8 / 45 = 16/45 = 0.3556

Therefore the probability that One motor will operate satisfactorily and the other will not is 0.3556

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