We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
Answer:
79.8
Step-by-step explanation:
7.98*10=
79.8
to check
(1/10)*79.8=
7.98
Answer:
162 cents
Step-by-step explanation:
to find the rate you want take the inches which is 21 and divide by the cost which is 63 and find the rate is 3 which means each inch costs 3 cents and so with that rate you can find the cost of 54 inchest of wire so you take your 54 inches and multiply it by 3 which is the cents per inch and find that 54 inches of wire would cost you 162 cents
Your answer is 158 hope this helps.
