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Elina [12.6K]
2 years ago
14

You borrow $24,500 to buy a car. Your monthly payment on the 5-year loan is $496.77. What is your total finance charge?

Mathematics
1 answer:
svetlana [45]2 years ago
4 0
60 payments of $496.77 add to 29,806.20, so the finance charges amount to
.. $29806.20 -24500.00 = $5,306.20
You might be interested in
A car travels 17 miles on one gallon of gas.
ehidna [41]

Answer:

y ranges from 2890 miles to 5780 miles.

Step-by-step explanation:

Let us call y the number of miles the car travels, and x the number of gallons of gas that are used, then we have the relationship

y=17x <em>(this says the car travels 17 miles for each gallon of gas).</em>

Now, when x=170, we have

y=17(170)

y=2890\: miles

and when x=340, we have

y=17(340)

y=5780\:miles

So, when x goes from 170 to 340, y goes from 2890 to 5780.

Therefore, when x ranges from 170  to 340 gallons, the distance traveled ranges from 2890 to 5780 miles.

5 0
2 years ago
You save $5,000.00 and invest 60% of it in stocks while leaving the rest in a savings account earning a 4.9% APR. The stock incr
Angelina_Jolie [31]

Answer:

5,340

Step-by-step explanation:

Hi there:)

Amount invested in stock

=5000×0.6=3000

Amount invested in a saving account

5000-3000=2000


The stock increases 9% in the first year

3,000×(1+0.09)=3,270

and loses 4% of its value the second year

3,270×(1−0.04)=3,139.2

Amount of a saving account after two years

2,000×(1+0.049)^(2)=2,200.8


the total amount gained during the 2 years

3,139.2+2,200.8=5,340...answer


Hope it helps




8 0
2 years ago
Read 2 more answers
Layla used 0.482 gram of salt in her experiment. Maurice use 0.51 gram of salt. who used the greater amount of salt?
Evgen [1.6K]
0.51 grams is < 0.482, thus Maurice has more salt.
4 0
2 years ago
The electric potential in a circuit is given by
11111nata11111 [884]
400 v .300.500.87067
7 0
2 years ago
Determine the rate of change for the equation.<br> 6y = 8x - 40
natulia [17]
The answer is 4/3 thats the rate of change. up 3 over 4
4 0
2 years ago
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