Answer:
a) $13588.08
b) $688.08
Step-by-step explanation:
Melissa had to purchase $12,900 worth of machinery for her business.
She made a down payment of $2100 and after that made monthly payments of $478.67 for the business loan for the rest.
Given that after years of paying monthly payments of $478.67, she finally paid off the loan.
Assume that she took 2 years to repay the loan.
a) Therefore, the total amount Melissa ended up paying for the machinery was $[2100 + (478.67 × 24)] = $13588.08 (Answer)
b) Therefore, the amount of interest that Melissa pay on the loan is $(13588.08 - 12900) =$688.08. (Answer)
Determining a car's depreciation over a ten year period is considered a bivariate.
<h3>What is a bivariate?</h3>
A Bivariate data is made up of two variables that are observed against each other. In determining the deprecation of a car, the cost of the car is observed against the passage of time and the depreciation factor.
To learn more about depreciation, please check: brainly.com/question/25552427
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Answer:32-24n
Step-by-step explanation:
Take 8 and 4 and multiply it and you get 32. Take 8 and 3 multiply or add 8 three times and you get 24 and also add the n so it’s 24n since the n goes no where, and you can’t really subtract a number with a letter with a number or a number with a different letter, you can only subtract or add it if it has the same letter on the number. Hope that helps.
First, you formulate a ratio of Audrey's work time to work done. In this case, 3/5 hour : 2/5 square yards. Expressing and simplifying that into a fraction would yield:
3/5 ÷ 2/5 = 3/5 * 5/2 = 3/2
We use this ratio to determine the sq yards she could paint in an hour:
1 hour * (1/(3/2) = 2/3 square yards
I hope I was able to help you with this question. Have a good day.
