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Varvara68 [4.7K]
2 years ago
8

Derek bought a new car for $32,000. He made a down payment of $17,000 and financed the balance through the car dealer. He was un

able to make the first monthly payments. Until he makes a payment he is paying 2% interest per month on the balance
Mathematics
1 answer:
Andreyy892 years ago
3 0

Answer:

$300

Step-by-step explanation:

Given that:

Derek bought a new car for $32,000;

The original amount of purchase = $32,000

Down payment =  $17,000

Remaining amount = Original amount of purchase - Down payment

= $(32000 -17000)

= $ 15,000

Also;

rate of interest per month is 2%

and the Derek is unable to pay his first monthly payment

thus the interest amount is calculated on principal amount

so for the first month interest is calculated on total principal amount

The month interest payment is then calculated as :

= 15,000 × 2%

= 15,000 × 0.02

= $300

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Divide rs 350 in ratio 2:5​
mihalych1998 [28]

Answer:

100 : 250

Step-by-step explanation:

Sum the parts of the ratio, 2 + 5 = 7 parts

Divide the quantity by 7 to find the value of one part of the ratio.

350 ÷ 7 = 50 ← value of 1 part of the ratio, thus

2 parts = 2 × 50 = 100

5 parts = 5 × 50 = 250

350 = 100 : 250 in the ratio 2 : 5

6 0
2 years ago
With an 18% discount, Joan was able to save $13.23 for a coat. What was the original price of the coat?
strojnjashka [21]
Hi there!

First we need to realise that the 18% discount equals John's savings. Therefore 18% of the original price is $13.23.

When we know 18% of the price, we can also find 1% of the total price.

18% = $13.23
Divide both sides by 18.

1% = $0.735
To find the total price, which equals 100%, we know only need to multiply both sides by 100.

100% = $73.50.
Therefore, the original price for the coat is $73.50.

~ Hope this helps you!
5 0
2 years ago
Use the values on the number line to find the sampling error.
pantera1 [17]
Part 1:

Given a number line with the point \bar{x}=3.8 and the point \mu=4.27

The sampling error is given by:

\bar{x}-\mu=3.8-4.27=-0.47



Part 2:

Given a number line with the point \bar{x}=26.43 and the point \mu=24.67

The sampling error is given by:

\bar{x}-\mu=26.43-24.67=1.76
4 0
2 years ago
The change in the value of a stock is represented by the rational number -5.90 describe in words what this means
xxMikexx [17]

We are given : A stock is represented by -5.90.

The given number is a negative number.

Note: When a stock is given by a negative number, it represents the decrease in stock and when a stock is given by a positive number, it represents the increase in stock.

As we are given number is a negative number, we can just say that

" The stock value is being decrease by 5.90".

3 0
2 years ago
Express 5.555... in the form of a geometric series.
Evgesh-ka [11]

5.555 = 5.1 + 0.05 + 0.005

<span>          = 5.5 + 0.05 + 0.05(.1)</span>

<span>            = 5.5 + 0.05/(1-.1)</span>

<span>            =5.5+0.05/.9</span>

<span>            =5.5 + 5/90</span>

<span>            = 5.5+1/18</span>

<span>            =55/10 + 1/18</span>

<span>            = 495/90 + 5/90</span>

<span>            =500/90</span>

<span>            = 50/9</span>

<span>            = 5 5/9</span>


4 0
2 years ago
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