1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Artemon [7]
3 years ago
7

$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:

You might be interested in
HELLLPPPPPPPPPPPPPPPP
Shkiper50 [21]

Answer: y = -1x/5 -1

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
A student wants to report on the number of books her friends read each week. The collected data are below: 0 24 1 4 5 2 5 4 Whic
barxatty [35]

Median: middle number

Mean: average

How to calculate the median:

1) line the numbers in order from least to greatest

0 1 2 4 5 24

(you do not need to write all the fours or fives, one four or five is enough to represent it)

2) Next, take one number off each end at a time until you have one number in the middle left (if there are two numbers left in the middle, add them together, than divide them by two)

3) The median is 4 becuase it is in the middle.

How to calculate the mean:

1) Add all the numbers together

0+24+1+4+5+2+5+4 = 45

2) Now we divide 45 by 8 because there are eight numbers in the list

45/8 = 5

3) The mean is 5.

Answer: Median = 4, Mean = 5

live with love, live with Jesus

4 0
3 years ago
Read 2 more answers
What is true about a function?
mars1129 [50]

Answer: Your answer is the third one, a function assigns to each input exactly one output.

If you have a true function, there will only be one output for each input, if you had more than one, it isn't a function.


6 0
3 years ago
Read 2 more answers
An anchor is released from a boat and begins sinking. Its
Andrew [12]

you multiply -10 and nine and you get -90 hope this helps.

Step-by-step explanation:

6 0
3 years ago
"Find the sum of the first 50 term in this sequence 4, 7, 10, 13, ...". How do i do this without writing them all out, and how d
melisa1 [442]
First term ,a=4 , common difference =4-7=-3, n =50
sum of first 50terms= (50/2)[2×4+(50-1)(-3)]
=25×[8+49]×-3
=25×57×-3
=25× -171
= -42925
derivation of the formula for the sum of n terms
Progression, S
S=a1+a2+a3+a4+...+an

S=a1+(a1+d)+(a1+2d)+(a1+3d)+...+[a1+(n−1)d]   →   Equation (1)

S=an+an−1+an−2+an−3+...+a1

S=an+(an−d)+(an−2d)+(an−3d)+...+[an−(n−1)d]   →   Equation (2)

Add Equations (1) and (2)
2S=(a1+an)+(a1+an)+(a1+an)+(a1+an)+...+(a1+an)

2S=n(a1+an)
S=n/2(a1+an)

Substitute an = a1 + (n - 1)d to the above equation, we have
S=n/2{a1+[a1+(n−1)d]}
S=n/2[2a1+(n−1)d]
5 0
3 years ago
Other questions:
  • Do number 4 and get 79 points
    13·2 answers
  • 4. find the real number roots. sqrt-0.25
    12·2 answers
  • Simplify this expression:<br> -2x+3 - (5 - 6x).
    14·2 answers
  • Vincent bought 25 pound bag of rice. He cooked 6.25 pounds of the rice. He stored the rest of the rice in 3 3/4 pound portions.
    13·2 answers
  • What vector is NOT parallel to (10,6)? (-10,-6), (3,5), (5,3), (20,12)
    15·1 answer
  • Find the area and perimeter of the rectangle Length = 5cm Breadth =2cm
    15·1 answer
  • What's the Answer I need help quick!!!
    7·2 answers
  • The number of measles cases increased 13.6 % to 57 cases this year, what was the number of cases prior to the increase? (Express
    5·1 answer
  • How can 86 books to 150 books
    11·1 answer
  • As part of a new advertising campaign, a beverage company wants to increase the dimensions of their cans by a multiple of 1. 10.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!