answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivenika [448]
2 years ago
15

Aiden can afford a $280-per-month car payment. If he is being offered a 4-year car loan with an APR of 1.8%, compounded monthly,

what is the value of the most expensive car he can afford?
A.13,439.51
B.13,390.73
C.12,958.20
D.13,435.06
Mathematics
1 answer:
brilliants [131]2 years ago
7 0
Use the formula of the present value of annuity ordinary.
The formula is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value?
PMT payment per month 280
R interest rate 0.018
k compounded monthly 12
T time 4years
Pv=280×((1−(1+0.018÷12)^(−12
×4))÷(0.018÷12))
=12,958.20

It's c
You might be interested in
What is the correct letter name for D1 below
Lesechka [4]
A is the correct letter name for D1 i believe 
6 0
2 years ago
Read 2 more answers
The diameter of Circle Q terminates on the circumference of the circle at (0,3) and (0,-4). Write the equation of the circle in
Gnesinka [82]
First, determine the center of the circle by getting the midpoint of the points given for the circumference.
                    midpoint = ((0 + 0)/2, (3 + -4)/2)
                          midpoint (0, -0.5)
Then, we get the radius by determining the distance from either of the circumferential point to the center. 
                        radius = √(0 -  0)² + (3 +4)²  = 7
The equation for the circle would be,
                        x² + (y + 0.5)² = 7²
8 0
2 years ago
Chris’ taxable income is $60,709. She is married, filing jointly. What is her tax?
vitfil [10]
Her tax will be $8,306
7 0
2 years ago
Read 2 more answers
The least-squares regression line Sˆ=0.5+1.1L models the relationship between the listing price and the actual sales price of 12
Vlada [557]

Answer:

For each hundred-thousand-dollar increase in the listing price, the sales price is predicted to increase by $110,000.

Step-by-step explanation:

The sales price is not predicted to increase by $1.1; it is predicted to increase by $110,000 because S is measured in hundred-thousands of dollars. The sales price will not decrease by $110,000; it is predicted to increase by $110,000.

6 0
2 years ago
Read 2 more answers
The networking organization you joined is throwing a party. You are in charge of buying the chips, which cost $2.50 per bag and
Ksivusya [100]

The given inequality is 2.5x + 4y ≤ 60. x is the bags of chips and y is the jars of salsa,

Replace x and y in the equation with the possible answers and solve:


A) 10 chips and 2 salsas:

2.5(10) +4(2) =  25 + 8 = 32 This is less than 60 so is a solution.


B) 20 chips, 2 salsas:

2.5(20) + 4(2) = 50 + 8 = 58, this is less than 60 so  is a solution.


C) 14 chips, 5 salsas:

2.5(14) + 4(5) = 35 + 20 = 55, this is less than 60 so is a solution.


D) 18 chips , 6 salsas:

2.5(18) + 4(6) = 45 + 24 = 69, this is greater than 60 so is not a solution.


18 bags of chips and 6 jars of salsa is not a solution.


5 0
2 years ago
Read 2 more answers
Other questions:
  • ​Kara's Custom Tees experienced fixed costs of ​$200 and variable costs of ​$3 a shirt. Write an equation that can be used to de
    7·1 answer
  • Which graph represents a function?
    9·2 answers
  • The Bawden family is shopping for a new television. They are making their decision based on brand and size. The family has 20 po
    11·3 answers
  • Which values are the result of cubing a rational number? Check all that apply
    8·2 answers
  • Pooja's plant began sprouting 2days before Pooja bought it, and she had it for 98 days until it died. At its tallest, the plant
    10·2 answers
  • Help plz
    14·1 answer
  • Which shows one way to determine the factors of 12x3 – 2x2 + 18x – 3 by grouping?
    9·2 answers
  • As concert goers enter a stadium, a security guard randomly inspects their backpacks for alcoholic beverages. Of 130 backpacks c
    12·1 answer
  • Jackson is three times as heavy as Andrew. If the sum of their weight is 360 pounds, find Andrews weight​
    14·2 answers
  • A spinner with 4 colors is spun for a total of 50 trials. Yellow was selected 10 times. What is the experimental probability of
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!