Answer:
$300
Step-by-step explanation:
Given that:
Derek bought a new car for $32,000;
The original amount of purchase = $32,000
Down payment = $17,000
Remaining amount = Original amount of purchase - Down payment
= $(32000 -17000)
= $ 15,000
Also;
rate of interest per month is 2%
and the Derek is unable to pay his first monthly payment
thus the interest amount is calculated on principal amount
so for the first month interest is calculated on total principal amount
The month interest payment is then calculated as :
= 15,000 × 2%
= 15,000 × 0.02
= $300
I found a similar problem to your problem here, which is shown in the attached picture. So, from the picture, we have to find the equation for the red line. All we have to do is find two points of the line. That would be: Point 1(2,0) and Point 2(-2,3). The general equation would be:
y - y₁ = (y₂-y₁)/(x₂ - x₁) * (x - x₁)
Substituting the coordinates to the equation,
y - 0 = (3-0)/(-2 - 2) * (x - 2)
y = -3(x -2)/4
Rearranging,
<em>4y = -3x + 6 or 4y + 3x = 6</em>
Credit card A
First 3 months:
4.1% / 360 = 0.011% x 30 = 0.34% per month for the first 3 months.
Next 9 months:
18.5% / 360 = 0.051% x 30 = 1.54% per month for the next 9 months.
Credit card B:
First 3 months
3.7% / 360 = 0.010% x 30 = 0.30% per month for the first 3 months
Next 9 months:
18.9% / 360 = 0.0525% x 30 = 1.575% per month for the next 9 months
Credit Card B is the better deal for the first 3 months.
Credit Card A is the better deal for the next 9 months.
Answer:
6f = 24
f = 4
Step-by-step explanation:
Answer:
A shape with two pairs of parallel lines, perpendicular lines, and two pairs of equal sides can be best described as a rectangle.