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1 answer:
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Answer:
a) 34mi
b) 10mi
c) 44mi
d) by Calculating the amount of miles it would take John to go to school plus the amount of miles it would take Sara to go to school. Then add the sum of the amount of miles it took for both to go to school.
Step-by-step explanation:
a) explanation:
b) explanation:
c) explanation: we already have all the data from John's house to Sara's House.
John's House to Sara's House = John's House to School + Sara's House to School.
Sara's House to School (Question #1) = 34mi
John's House to School (Question #2) = 10mi
34(mi) + 10(mi) = 44(mi)
d) explanation: explanation is on the answer
Amount Financed: $2,650
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%