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shtirl [24]
2 years ago
5

Help it’s my last question

Mathematics
1 answer:
Digiron [165]2 years ago
6 0

Answer:

alr so basically what you want to do is multiply the numbers to get the answer

Step-by-step explanation:

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Mr. Nelson bought a car for $20,000 with a 5% interest rate.
LekaFEV [45]

Answer:

A ) Hence The interest for the car loan is $ 4,310

B ) Hence The interest for the car loan is $ 3,152

Step-by-step explanation:

Given as :

The loan for the car = $ 20,000

The rate of interest of car loan = 5 % compounded annually

A ) The period of loan = 48 months = 4 years

Let the interest of the loan = CI

<u>From compounded method</u>

Amount = Principal × (1 + \frac{\textrm Rate}{100})^{\textrm time}

Or, Amount = $ 20,000 × (1 + \frac{\textrm 5}{100})^{\textrm 4}

Or,  Amount = $ 20,000 × (1.05)^{4}

Or, Amount = $ 20,000 × 1.2155

∴ Amount = $ 24310

So, Interest = Amount - Principal

Or, CI = $ 24,310 - $ 20,000  

∴  CI = $ 4,310

Hence The interest for the car loan is $ 4,310

B ) The loan for the car = $ 20,000

The rate of interest of car loan = 5 % compounded annually

The period of loan = 3 years

Let the interest of the loan = CI

So,

<u>From compounded method</u>

Amount = Principal × (1 + \frac{\textrm Rate}{100})^{\textrm time}

Or, Amount = $ 20,000 × (1 + \frac{\textrm 5}{100})^{\textrm 3}

Or,  Amount = $ 20,000 × (1.05)^{3}

Or, Amount = $ 20,000 × 1.1576

∴ Amount = $ 23,152

So, Interest = Amount - Principal

Or, CI = $ 23,152 - $ 20,000  

∴  CI = $ 3,152

Hence The interest for the car loan is $ 3,152

6 0
3 years ago
Subtract -5x2<br> 5x2 – 9x + 8 from -6x2 + 5.<br> Answer:<br> Submit Answer<br> what’s the answer
Burka [1]

Answer:

-11x^{2} +9x-3

Step-by-step explanation:

(-6x^{2}+5)- (5x^{2}-9x+8) =-11x^{2} +9x-3

8 0
2 years ago
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