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NeTakaya
1 year ago
11

Ms. Ling purchases a new car for $32,000 and finances it with a 6-year simple interest loan at an annual rate of 4.25%. What are

Ms. Ling’s monthly car payments rounded to the nearest cent?
Mathematics
1 answer:
luda_lava [24]1 year ago
4 0

Answer:

47508=xy=3890.94007 witch i dont know what the answer is tell me

Step-by-step explanation:

You might be interested in
Write the denominator of the rational number257/500 in the form 2 m x 5 n , m and n are negative integers Hence write its decima
maw [93]

Answer:

0.514

Step-by-step Explantion:

Denominator = 500 = 2^2 * 5^3

257/500 = 257/2^2*5^3 = 2*257/2*2^2*5^3 = 514/2^3*5^3 = 514/(2*5)^3 = 514/10^3 = 0.514

6 0
2 years ago
Arti is mixing some orange paint for the class mural.
vitfil [10]

Answer:

6

Step-by-step explanation:

6 0
2 years ago
silvia compro la misma licuadora que daniela, que costaba $355.5, pero como abonó con tarjeta de credito, le recargaron un 16%,
Debora [2.8K]

Answer:

Costo final= $412.38

Step-by-step explanation:

Dada la siguiente información:

Costo inicial= $355.5

Recargo de la tarjeta= 16% = 0.16

<u>Para calcular el costo final que debe pagar Silvia, debemos usar la siguiente información:</u>

Costo final= costo inicial*(1 + recargo)

Costo final= 355.5*1.16

Costo final= $412.38

4 0
1 year ago
In a study of the progeny of rabbits, Fibonacci (ca. 1170-ca. 1240) encountered the sequence now bearing his name. The sequence
expeople1 [14]

The question in part c is not clear, nevertheless, part a and part b would be solved.

Answer:

a. The first twelve terms are:

1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144.

b. The first ten terms are:

1.000, 1.000, 1.500, 1.667, 1.600, 1.625, 1.615, 1.619, 1.618, 1.618.

Step-by-step explanation:

a. Given

an + 2 = an + an + 1

where a1 = 1 and a2 = 1.

a3 = a1 + a2

= 2

a4 = a2 + a3

= 3

a5 = a3 + a4

= 5

a6 = a5 + a4

= 8

a7 = a6 + a5

= 13

a8 = a7 + a6

= 21

a9 = a8 + a7

= 34

a10 = a9 + a8

= 55

a11 = a10 + a9

= 89

a12 = a11 + a10

= 144

The first twelve terms are:

1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144.

(b)

Given

bn = an+1/an

b1 = a2/a1

= 1/1 = 1.000

b2 = a3/a2

= 2/1 = 1.000

b3 = a4/a3

= 3/2 = 1.500

b4 = a5/a4

= 5/3 = 1.667

b5 = a6/a5

= 8/5 = 1.600

b6 = a7/a6

= 13/8 = 1.625

b7 = a8/a7

= 21/13 = 1.615

b8 = a9/a8

= 34/21 = 1.619

b9 = a10/a9

= 55/34 = 1.618

b10 = a11/a10

= 89/55 = 1.618

The first ten terms are:

1.000, 1.000, 1.500, 1.667, 1.600, 1.625, 1.615, 1.619, 1.618, 1.618.

6 0
1 year ago
Ill give a tip
e-lub [12.9K]
Divide the APR by 360 days and multiply it by 30 days to get the monthly interest. Each loan is usually secured by the car you bought. So we will use the secured APR.

8. Average rating secured apr: 5.85% divide by 360 multiply by 30:  0.4875% monthly rate
Cost of car: 19,725 ; sales tax: 4.75% ; down payment: 2,175

19,725 x 1.0475 =  20,661.94 - 2,175 = 18,486.94 loan amount
18,486.94 x 0.4875% = 90.12 accrued interest for the 1st month.

9. Excellent rating secured apr: 4.80% divide by 360 multiply by 30: 0.40% monthly rate
Cost of car: 15,867 ; sales tax: 5.25% ; down payment: 10% of total cost

15,867 x 1.0525 =  16,700.02 x 90% = 15,030.02 the principal balance at the start of the loan.

10. Fair rating secured apr: 7% divide by 360 multiply by 30: 0.5833% monthly rate
Cost of new car: 19,072 ; sales tax: 4.5% ; down payment: 1,200
Cost of used car: 15,365; sales tax: 4.5% ; down payment: 1,200

19,072 x 1.045 = 19,930.24 - 1,200 = 18,730.24
18,730.24 x 0.5833% = 109.25 accrued interest

15,365 x 1.045 = 16,056.43 - 1,200 = 14,856.43
14,856.43 x 0.5833% = 86.66 accrued interest

109.25 - 86.66 = 22.59 is the difference in interest accrued by the end of the first month.
7 0
2 years ago
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