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olasank [31]
3 years ago
11

Jade bought a car for $21,400 at an APR of 3.6%, compounded monthly, by agreeing to make monthly payments of $149.00 for 48 mont

hs. After 48 months, Jade plans to make a balloon payment. Usually, the monthly payment on a 48-month loan for $21,400 at an APR of 3.6%, compounded monthly, is $479.37. Jade is wondering how much more expensive the balloon payment option is.
How much in total will Jade have paid after making the balloon payment?


How much Jade would have paid if she had just made the usual payment of $479.37 for 48 months. How much more expensive was the balloon payment option for Jade?
Mathematics
1 answer:
adoni [48]3 years ago
4 0

$330.37 is my answer. Hope this helps. If not,I'm sorry.

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A company estimates that 0.8% of their products will fail after the original warranty period but within 2 years of the purchase,
Crazy boy [7]

Answer:

The expected value of each warranty sold is $23.8.

Step-by-step explanation:

0.8% probability of the product failling.

If the product fails, the company will lose 400 - 27 = $373. So a net value of -373.

100 - 0.8 = 99.2% probability of the product not failling.

If the product does not fail, the company gains $27.

What is the company's expected value of each warranty sold?

We multiply each outcome by its probability.

0.008*(-373) + 0.992*27 = 23.8

The expected value of each warranty sold is $23.8.

6 0
3 years ago
40% of a nurses time is spent dispensing medicine to patients if 16 hours per week is spent dispensing medicine how many hours d
ryzh [129]
6.4 is the answer to your question
6 0
3 years ago
Read 2 more answers
14/16
Alla [95]

Answer:

2x + 3y > 100

x + y = 40

Step-by-step explanation:

This is the answer because it shows the price of each and the combined products equaling more than 100 dollars, and the bottom one shows that the combined total of jewelry can not exceed 40 pieces.

5 0
2 years ago
What is the biggest whole number smaller than the perimeter of any triangle with a side of length 5.6 and a side of length 19.7?
snow_tiger [21]

Answer:

50

Step-by-step explanation:

The perimeter of a Triangle is the sum of it's 3 sides.

We are given two sides here which is side length 5.6 and a side of length 19.7

Let's us represent the third side as x

Therefore

x + 19.7 + 5.6 = Perimeter of the triangle

We would have this equation

But it is important to know that every side of a triangle must be less than the sum of the other two sides, hence

x < 19.7 + 5.6

x < 25.3

Adding 25.3 to both sides to make the left side equal to the perimeter

perimeter = x+25.3 < 25.3 + 25.3 = 50.6

Therefore, 50.6 is the smallest whole number that is larger than the perimeter of the triangle in the question above.

Therefore, the biggest whole number smaller than the perimeter of the above triangle is 50

6 0
3 years ago
Read 2 more answers
The longer base of an isosceles trapezoid joins points (-3, -2) and (7, -2). One endpoint of the shorter base is (-1, 4). What a
Alex

Answer:

(5,4)

Step-by-step explanation:

We have that the longer base of an isosceles trapezoid joins points (-3, -2) and (7, -2), and one endpoint of the shorter base is (-1, 4).

The best way to find the coordinates of the other endpoint is to draw or sketch the figure on a coordinate grid.

From the graph in the attachment the coordinates of the other endpoints is (5,4).

4 0
3 years ago
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