Answer:

Step-by-step explanation:
Given data
P= 45,000
rate= 18%
Recall the expression for the compound interest

Since we are talking of depreciation

Substitute

Hence the exponential function is

The average mileage covered per day is = number of miles / number of days.
The average mileage covered per day is =(x+y+z)/3
1. Using "exact" interest, your charge will be
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
Answer:
A
Step-by-step explanation:
200+150+150=500
500-500=0
I’ve attached my work...
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