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2 years ago

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You (or your parents) purchase a used car for $15,867.00 plus 5.25% sales tax. The down payment is 10% of the total cost and you

(or your parents) have an excellent credit rating. Use the table below to determine the principal balance at the start of the loan. Secured Unsecured Credit APR (%) APR (%) Excellent 4.80 5.25 Good 5.15 5.65 Average 5.85 6.20 Fair 7.00 7.65 Poor 8.20 9.15 $15,030.02 $14,721.64 $15,867.00 $14,999.00

1 answer:

elixir [45]2 years ago

7 0

Answer:

$15,030.02

Step-by-step explanation:

Given: The cost of the car = $15867.00

Sales tax = 5.25% = 0.0525

Total cost = Cost of the car + sales tax

= $15,867 + $(15,867 x 0.0525)

= $15,867.00 + $833.02

= $16,700.02

The down payment is 10% of 16700.02

10% of the total cost = 0.1 x $16,700.02 = $1,670.00

Principal balance = Total cost - down payment

= $16,700.02 - $1,670.00

= $15,030.02

Thank you.

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Step-by-step explanation:

You have to do a little subtracting and a little interpreting to get the answer. First you must assume that the bee travels in a straight line. This is math so we can assume this is true, although thousands would disagree.

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1

The claim is that the mean amount of Walker Crisps eaten was significantly higher for the children who watched the sports celebrity- endorsed Walker Crisps commercial

2

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3

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4

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Step-by-step explanation:

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Generally the test statistics is mathematically represented as

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=> $t = 3.054$

The p-value is mathematically represented as

$p-value = P(Z > 3.054)$

Generally from the z table

$P(Z > 3.054) = 0.0011291$

=> $p-value = P(Z > 3.054) = 0.0011291$

From the values obtained we see that $p-value < \alpha$ so the null hypothesis is rejected

Thus the conclusion is

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