FACTORIZEA(X)=(2+3x)(-x+7)(-2+3x)(2x+1)

Mathematics

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frozen [14]2 years ago

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The Mendes family bought a new house 5 years ago for $100,000. The house is now worth $198,000. Assuming a steady rate of growth

Andrei [34K]

(new amount-old amount)=(198,000)-(100,000)=98% increase

98/5 years=19,600
Yr 1=$100,000+19,600=$119,600
Yr 2=$119,600+19,600=$139,200
Yr 3=$139,200+19,600=$158,800
Yr 4=$158,800+19,600=$178,400
Yr 5=$178,400+19,600=$198,000

The mortgage grew at a steady rate of $19,600 over the 5 years...

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3 years ago

2,750 milliliters into gallons.

yan [13]

Answer:

2,750 milliliters into gallons=0.72647314

Step-by-step explanation:

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1 year ago

Read 2 more answers

Oh, boy! Look at that monthly payment from Question 2 above! Molly cannot afford the monthly payment using the 0% financing. She

viktelen [127]

The car payment plan that has an APR of 1.9% is, on the short term, pocket

friendly.

The correct responses are;

First part: The amount of loan Molly needs is $22,495

Second part: Molly's monthly payment will be approximately $286.2

Third part: The total interest Molly will pay using the plan is approximately $1,545.8

Fourth part: The amount the car costs Molly using the plan is approximately $26,540.8

Reasons:

The question parameters are;

Molly is comparing Auto Loans on Jeep website

Selling price of the Jeep, P = $25,495

The down payment Molly has = $2,500

The Cash Allowance = $500

Number of months of payment, n = 84 months

The Annual Percentage Rate, APR, r = 1.9%

First Part:

Loan needed = $25,495 - $2,500 - $500 = $22,495

The amount of loan Molly needs = $22,495

Second Part:

The monthly payment is given by the formula;

$\displaystyle M = \mathbf{\dfrac{P \cdot \left(\dfrac{r}{12} \right) \cdot \left(1+\dfrac{r}{12} \right)^n }{\left(1+\dfrac{r}{12} \right)^n - 1}}$

Therefore;

$\displaystyle M = \dfrac{22,495 \times \left(\dfrac{0.019}{12} \right) \times \left(1+\dfrac{0.019}{12} \right)^{84} }{\left(1+\dfrac{0.019}{12} \right)^{84} - 1} \approx \mathbf{286.2}$