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:
876/7
Step-by-step explanation:
Just plug the number 5 into the equation and solve. Remember your Order of Operations (PEMDAS).
The first one. <_ means below and >_ means above. <_ and >_ means solid line < and > mean dotted line. i’m learning this in math right now
Even numbers can be divided into two equal groups while odd numbers cannot so every other number is an even number because it can be divided into two equal groups
Answer:
Seb will take 13 minutes and 20 seconds to run 4000 m at an average speed of 5 m/s
Step-by-step explanation:
time taken = distance / speed
time taken = 4000/5
time taken = 800 seconds
time taken = 13 minutes and 20 seconds