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Ainat [17]
2 years ago
13

If A college student purchased a used car for $4000. He paid 8% down and then paid 18 monthly payments of $216.79. Determine the

APR of the loan to the nearest one-half of a percent.

Mathematics
1 answer:
horrorfan [7]2 years ago
7 0

There is no explicit formula for interest rate, so it must be found by some sort of solver. Here a TI-84 work-alike calculator financial app has been used to find the interest rate (APR) to be 7.5%.

The loan amount is 4000 less 8% of 4000, which is .08*4000 = 320. That is, the loan amount is 4000 -320 = 3680.

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The ball used in a soccer game may not weigh more than 16 ounces or less
Liono4ka [1.6K]
In order for the ball to be used in the game, it must be able to meet the minimum and maximum weight requirements. These are the limits of the weight of the ball. If it exceeds the maximum limit of 16 ounces or below the minimum limit of 14 ounces, the ball will not be approved.

So, by adding 1.5 ounces, that would mean that the initial weight of the ball did not reach the minimum limit. The initial weight of the ball, denoted as x, have two possible values. The first value is the initial weight plus added with 1.5 ounces would reach 14 ounces.

x + 1.5 = 14
x = 12.5 ounces

The other scenario is when the initial weight is added to reach the maximum requirement of 16 ounces

x + 1.5 = 16
x = 14.5 ounces

From both answer, we could conclude that the initial weight has to be 12.5 ounces. If the initial weight were 14.5 ounces to begin with, there should be no need for air. It cans till be approved to be used.
3 0
2 years ago
Y=x^2+5x-8 to factored form
almond37 [142]

Answer:

Factor and set each factor equal to zero. Y=x2+5x−8

Step-by-step explanation:

5 0
2 years ago
Use the graphs to estimate both solutions to x^2+x-4=0
Bogdan [553]

Answer:

No graph so we'll use the quadratic formula

x^2+x-4=0

a = 1

b = 1

c = -4

x = -1 +- sqr root (1^2 - 4 * 1 * -4) / 2

x = (-1 +- sqr root (1 +16) ) / 2

x1 = (-1 + sqr root (17)) / 2

x2 = (-1 - sqr root (17)) / 2

Step-by-step explanation:

4 0
3 years ago
Samantha is painting her house. There are a total of 2,261 square feet of surface are to be painted. If she can paint 75 square
Viefleur [7K]

Answer:

c

Step-by-step explanation:

the equation would be C because

A would end up with a negative amount

B is more than she originally has to paint and

D has the wrong coefficient for <em> t</em>.

8 0
3 years ago
8. what is the volume of these 5 objects
wel

Answer:

1) B

Step-by-step explanation:

To get the volume of a cube, you multiply the length, width and height together. 4 x 7 x 8 = 224. 8 × 5 × 6 = 240. This means that chocolate box B has the larger volume.

6 0
3 years ago
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