Finance charge is a fee that represents the cost of borrowing or credit.
In this equation, it shows the total amount paid through credit subtracted by the cost of vehicle.
let x be the finance charge
x = $4,100 + 36 months ($251.34/month) - <span>$11,578
</span>x = $4,100 + $9,048.24 - <span>$11,578 </span>
x = ($4,100 + $9,048.24) - $11,578
x = $13,148.24 - $11,578
x = $1,570.24.
The finance charge is $1,570.24
Answer:
population standard deviation does not differ from 0.25
Step-by-step explanation:
The hypothesis :
σ² = 0.25²
σ² ≠ 0.25²
The Chisquare statistic, χ²: (n-1)*s²/σ²
Where s² = sample variance ; sample size, n = 30
Using calculator, the sample variance, s² = 0.1646
χ² = (n-1)*s²/σ²
χ²: (30 - 1) * 0.1646 / 0.25²
χ² = (29 * 0.1646) / 0.0625
χ² = 0.3292 / 0.0625
χ² = 5.2672
α = 0.05
Using the Pvalue from Chisquare calculator ; df = 29
Pvalue = 1
Since, Pvalue > α ; We fail to reject the null and conclude that population standard deviation does not differ from 0.25
Answer:
not sure if this is a right answer. but hope this helps
Step-by-step explanation:
30%÷100% = 0.30; $85×0.30= $25.50; 85 - 25.50= $59.50.
15%÷100% = 0.15; $59.5 ×0.15 =8.92; 59.50 - 8.92= $50.58
$50.58
