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3 years ago

What is the monthly payment on $13,300 financed at 7.9 percent for 4 years if the monthly payment per $100 is $2.44?

Mathematics

1 answer:

velikii [3]3 years ago

8 0

Answer:

The monthly payment will be $ 324.52.

Step-by-step explanation:

To determine what is the monthly payment on $ 13,300 financed at 7.9 percent for 4 years if the monthly payment per $ 100 is $ 2.44, the following calculations must be performed:

100 = 2.44

13,300 = X

(13,300 x 2.44) / 100 = X

32.452 / 100 = X

324.52 = X

Therefore, the monthly payment will be $ 324.52.

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The county fair charges $2.50 per ticket for the rides. Henry bought 15 tickets for the rides and spent a total of $55.50 at the

san4es73 [151]

Answer:

(A) $18

(B) $y=2.50x+18$ 

(C) Coefficient of x-term represents the cost for each ride ticket and constant term represents the cost of admission to the fair.

Step-by-step explanation:

(A)

The county fair charges $2.50 per ticket for the rides and Henry bought 15 tickets for the rides.

So, the total cost of the 15 tickets will be: $(\$2.50*15)= \$37.50$

He spent total $55.50 on ride tickets and fair admission.

So, the cost of admission to the fair will be: $(\$55.50-\$37.50)= \$18$

(B)

If $x$ represents the number of ride tickets and $y$ represents the total cost, then the cost for $x$ number of ride tickets is $\$2.50x$

So, the linear equation that can be used to determine the cost for anyone who pays for ride tickets and fair admission will be: $y= 2.50x+18$

(C)

In the above linear equation, coefficient of x-term is 2.50, which represents the cost for each ride ticket.

And the constant term is 18, which represents the cost of admission to the fair.

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