Select the correct answer.
1 answer:
You might be interested in
The answer to the question is one solution
The total amount paid by the customer will be $32,262.5 and the amount of the interest will be $ 2,262.5.
<h3>What is APR?</h3>APR on a credit card is the way of saying that the interest you are charged over a year is equal to roughly of your balance.
Suppose you walk in to buy a $30,000 car, and you are able to put $3,000 down.
Your dealer initially offers $3,000 for your trade.
You couldn't get to your bank in time, so you finance through the dealer.
They are currently able to offer you a 4% interest rate for 48 months.
After the down payment, the amount will be
P = $ 27,000
r = 4% = 0.00333
n = 48 months
Then the cost of the monthly payment will be
Then the total amount paid by the customer will be
Total amount = 3000 + 609.63 × 48
Total amount = $ 32,262.5
Then the amount of the interest will be given as
Interest amount = $32,262.5 - $30,000
Interest amount = $ 2,262.5
More about the APR link is given below.
#SPJ1
We are given a problem that can be solved using a system of linear equations. Let A, be the number of adults, and S the number of students. Since there are in total 142 people and there were two days, this means that the sum of the number of adults and the number of students must be 284, which can be written mathematically as follows:
This is our first equation. The second equation is found using the total sales of $1948. Since the ticket per adult is $8 and per student is $5, we have the following equations:
To solve this equation we will solve for A in equation (1), by subtracting S to both sides;
Now we will replace this value in equation (2):
Now we will apply the distributive property:
Addins like terms:
Subtracting 2272 to both sides;
Dividing both sides by -3:
Now we replace this value in equation (1), where we have already solved for A:
Therefore, there were sold 108 student tickets and 140 adult tickets.