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1 year 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

1 answer:

brilliants [131]1 year 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

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Answer:

$\alpha=69.28^o$

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Step-by-step explanation:

<u>Triangle Solving</u>

If we had a triangle will its three sides of known length, we can solve for the rest of the parameters of the triangle, i.e. the area, perimeter and internal angles.

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The other angle is computed now

$\displaystyle cos\gamma=\frac{x^2+y^2-z^2}{2xy}$

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Hello! The answer to your question would be as followed:

Rearrange:

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Pull out like factors :

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This equation has no solution.

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Solving a Single Variable Equation :

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