Answer:
**The equation is not clear, so I have provided both options**
<h3><u>Option 1</u></h3>
<u>Solution 1</u>
<u>Solution 2</u>
<h3><u>Option 2</u></h3>
<u>Solution 1</u>
<u>Solution 2</u>
Answer:
159
Step-by-step explanation:
35x-1 =-35 plus 34x20
Answer:
3x^10 + x^6 + 2x^2 - 4x + 8
Step-by-step explanation:
In descending order by powers of x: 3x^10 + x^6 + 2x^2 - 4x + 8
Missing informations but this can be turned into y=4x-12
1. The problem gives the residual value in percentage, and you need it in dollars. So, if the MSRP for the car Jennifer is leasing is $ 17,500, you have:
57%/100=0.57
residual value=$17,500*0.57= $9,975
2. Then, you need to substract the residual value and the lease term, to calculate the value of the car, as below:
car value=$17,500-$9,975=$7,525
3. You need to calculate the money factor, which is the interest rate divided by 2400. Then, you have:
Interest rate=9%/100=0.09
Money factor=0.09x2400
Money factor=0.00375
4. The interest is:
I=($17,500+$9,975)(0.00375)
I=$103.03
5. Therefore, the monthly payment is:
Monthly payment=(car value/36 months)+Interest
Monthly payment=($7,525/36)+$103.03
Monthly payment=$209.02+$103.03
Monthly payment=$312.06
What will Jennifer’s monthly lease payment be?
The answer is: d. $312.06
