<u>Answer-</u>
<em>Maria's monthly payment will be </em><em>$376.91</em><em> </em>
<u>Solution-</u>
Maria is buying a car worth of $18,510, but she will finance only $13,000 of it with a 3-year loan at 2.8% APR.
We know that,
![\text{PV of annuity}=P[\dfrac{1-(1+r)^{-n}}{r}]](https://tex.z-dn.net/?f=%5Ctext%7BPV%20of%20annuity%7D%3DP%5B%5Cdfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%5D)
Here,
Putting the values,
![\Rightarrow 13000=P[\dfrac{1-(1+\frac{2.8}{1200})^{-36}}{\frac{2.8}{1200}}]](https://tex.z-dn.net/?f=%5CRightarrow%2013000%3DP%5B%5Cdfrac%7B1-%281%2B%5Cfrac%7B2.8%7D%7B1200%7D%29%5E%7B-36%7D%7D%7B%5Cfrac%7B2.8%7D%7B1200%7D%7D%5D)
Therefore, her monthly payment will be $376.91
Answer:
Just want the points
Step-by-step explanation:
Answer:
40
Step-by-step explanation:
5*4*2
Answer:
12
Step-by-step explanation:
the ratio of the 2 numbers = 3 : 4 = 3x : 4x ( x is a multiplier ) , then
3(3x) + 2(4x) = 68 , that is
9x + 8x = 68
17x = 68 ( divide both sides by 17 )
x = 4
smaller number = 3x = 3 × 4 = 12
Let W = width of package
Let H = height of package
Let L = length of package
The perimeter cab be one of the following:
P = 2(L + W), or
P = 2(L + H)
The perimeter of the cross section cannot exceed 108 in.
When the width is 10 in, then
2(L + 10) <= 108
L + 10 <= 54
L <= 44 in
When the height is 15 in, then
2(L + 15) <= 108
L + 15 <= 54
L <= 39 in
To satisfy both of these conditions requires that L <= 39 in.
Answer: 39 inches
