You priced buy a car for $26,635, including taxes and license fees. You will pay $7,000 for down payment and will finance the balance of the loan at 6.41% for three years. Compute a) your monthly payment; and b) total interest for the loan.

Answers

Answer 1

a) The Monthly Payment will be $598.5

b) The total interest for the loan will be $1,911.

What is the interest rate?

The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate. The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.

Here, we have

Given: You priced to buy a car for $26,635, including taxes and license fees. You will pay $7,000 as the down payment and will finance the balance of the loan at 6.41% for three years.

a) Loan Amount (P) = $19,635 [$26,635 - $7,000]

Monthly Interest Rate (n) = 0.511% per month [6.14% / 12 Months]

Number of months (n) = 36 Months [3 Years x 12 months]

Monthly Loan Payment = [P x {r (1+r)ⁿ} ] / [( 1+r)ⁿ – 1]

= [$19,635 x {0.00511 x (1 + 0.00511)³⁶}] / [(1 + 0.00511)³⁶ – 1]

=  [$19,635 x {0.00511 x 1.2014048}] /[1.2014048 -1]

= [$19,635 x 0.0061391]/0.2014048

= 598.5 per month.

Hence, the Monthly Payment will be $598.5

b) Total Interest for the Loan

Total Interest for the Loan = Total Payment – Loan Amount

= [$598.5 per month x 36 Months] - $19,635

= $21,546- $19,635

= $1,911

Hence, the total interest for the loan will be $1,911.

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Related Questions

David and Amrita had an equal number of marbles. After Amrita gave 50 marbles to David, he had 5 times as many marbles as her. Find the total number of marbles they had.

Answers

Answer:

Step-by-step explanation:

a = d before Anna gives away 50 marbles.

 

5 (a-50) = a +50 after Anna gives away 50 marbles.

 

5a - 250 = a + 50

 

4a = 300

 

a = 75

 

Anna has 75 marbles at the beginning and so did David.

 

Together they have 150 marbles.

:)

Answer:

150

Step-by-step explanation:

Originally, they had the same number, so they both had x marbles each.

David: x

Amrita: x

Amrita gives 50 marbles to David. Now they have:

David: x + 50

Amrita: x - 50

"he had 5 times as many marbles as her"

x + 50 = 5(x - 50)

x + 50 = 5x - 250

-4x = -300

x = 75

Each had 75 marbles to start with.

75 + 75 = 150

The total is 150.

guys whatd 3/2000 please help this is due by tomorrow

Answers

Answer:

0.0015

Step-by-step explanation:

don't forget to follow rate like

Lester Hollar is vice president for human resources for a large manufacturing company. In recent years he has noticed an increase in absenteeism that he thinks is related to the general health of the employees. Four years ago, in an attempt to improve the situation, he began a fitness program in which employees exercise during their lunch hour. To evaluate the program, he selected a random sample of eight participants and found the number of days each was absent in the six months before the exercise program began and in the last six months. Below are the results. At the .05 significance level, can he conclude that the number of absences has declined? Estimate the p-value.
Employee Before After
1 6 5
2 6 2
3 7 1
4 7 3
5 4 3
6 3 6
7 5 3
8 6 7

Answers

Answer:

t >± 1.895

t= 0.1705

Step-by-step explanation:

The null and alternative hypotheses are

H0: μd=0 Ha: μd>0

Significance level is set at ∝= 0.05

The critical region for  t  df=7       t >± 1.895

The test statistic under H0 is

t = d/ sd/ √n

Which has t distribution with n-1 degrees of freedom

Employee        After  Before         d = after - before        d²

1                          6         5               1                                  1

2                         6          2               4                               16

3                         7          1                6                               36

4                         7           3              4                               16

5                         4          3              1                                 1

6                         3          6              -3                               9

7                         5          3              2                               4

8                          6        7               -1                                1      

∑                                                    14                              84    

d`= ∑d/n= 14/8= 1.75

sd²= 1/8( 84- 14²/8) = 1/8 ( 84 - 24.5) = 59.5

sd= 7.7136

t= 3/ 7.7136/ √8

t= 0.1705

Since the calculated value of t= 0.1705 < ± 1.895  therefore reject the null hypothesis at 5 % significance level . On the basis of this we cannot conclude that the number of absences has declined.

Please answer 15 points if answered !

Please answer 15 points if answered !

Answers

Answer:

c) 108

Step-by-step explanation:

All angles of a regular polygon are the same.

It’s answer C. 108
Have a nice day

A - on the po boyds at a emase the foot, 1, of building. He. Observes an obje- et on the top, P of the building at an angle of ele- building of 66 Aviation of 66 Hemows directly backwards to new point C and observes the same object at an angle of elevation of 53° · 1P) |MT|= 50m point m Iame horizontal level I, a a​

Answers

Answer:

53\(x_{123}\) == 134 cf

Step-by-step explanation:

A - on the po boyds at a emase the foot, 1, of building. He. Observes an obje- et on the top, P of the building at an angle of ele- building of 66 Aviation of 66 Hemows directly backwards to new point C and observes the same object at an angle of elevation of 53° · 1P) |MT|= 50m point m Iame horizontal level I, a a​

The height of the building is approximately 78.63 meters.

The following is a step-by-step explanation of how to solve the problem. We'll need to use some trigonometric concepts and formulas to find the solution.

Draw a diagram of the situation described in the problem to get a better understanding of the problem. The diagram would have a right-angled triangle with angle of elevation of 66° at the bottom left vertex and another angle of elevation of 53° at the bottom right vertex. The object on top of the building is at the vertex of the triangle. Point M and I on the diagram are points on the horizontal line of sight and on the ground respectively. We can label the diagram with the following values:Angle of elevation from point A = 66°Angle of elevation from point P = 53° Length of line segment AM = h Length of line segment MP = x Length of line segment IP = y Length of line segment MT = 50m. We'll use these values to calculate the length of h, which is the height of the building.Use the tangent ratio to find x:tan 66° = h / x => x = h / tan 66°. Use the tangent ratio to find y:tan 53° = h / y => y = h / tan 53°.We know that x + y = 50, so substituting the expressions for x and y from step 3 gives:h / tan 66° + h / tan 53° = 50h = 50 tan 66° tan 53° / (tan 53° + tan 66°) ≈ 78.63 m.

Therefore, the height of the building is approximately 78.63 meters.

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what is the factored form of his expression ? 2x^3+5x^2+6x+15

Answers

The given expression is:

\(2x^3+5x^2+6x+15\)

It is required to write the expression in factored form.

\(\begin{gathered} \text{ Factor out }x^2\text{ in the first two terms of the expression:} \\ x^2(2x+5)+6x+15 \end{gathered}\)

Next, factor out 3 in the last two terms of the expression:

\(x^2(2x+5)+3(2x+5)\)

Factor out the binomial 2x+5 in the expression:

\((2x+5)(x^2+3)\)

The expression in factored form is (2x+5)(x²+3).

Please awnser asap I am
Stuck

Please awnser asap I amStuck

Answers

Answer:

it is too blury to read

Step-by-step explanation:

a) Battery life for a hand-held computer is normally distrbuted and has a population standard deviation of 3 hours. Suppose you need to estimate a confidence interval estimate at the 95% level of confidence for the mean life of these batteries. Determine the sample size required to have a margin of error of 0.253 hours. Round up to the nearest whole number.
b)The managers of a company are worried about the morale of their employees. In order to determine if a problem in this area exists, they decide to evaluate the attitudes of their employees with a standardized test. They select the Fortunato test of job satisfaction which has a known standard deviation of 24 points. They should sample employees if they want to estimate the mean score of the employees within 5 points with 90% confidence.
c) Suppose a department store wants to estimate the average age of the customers of its contemporary apparel department, correct to within 2 years, with level of confidence equal to 0.95. Management believes that the standard deviation is 8 years. The sample size they should take is .

Answers

(a) The required sample size is 1.96.

(b) Sample size = n = 89

(c) Sample size = n = 62

What is standard deviation?

The standard deviation in statistics is a measurement of how much a set of values can vary or be dispersed. A low standard deviation suggests that values are typically close to the set's mean, whereas a high standard deviation suggests that values are dispersed over a wider range.

(a) Population standard deviation = σ = 3

Margin of error = E = 0.253

At 95% confidence level the z is,

α = 1 - 95%

α = 1 - 0.95 = 0.05

α/2 = 0.025

Zα/2 = 1.96

sample size = n = [Zα/2* σ / E]^2

n = [1.96 * 3 / 0.253]2

n = 540.14

Sample size = n = 541

b) Population standard deviation = σ = 24

Margin of error = E = 5

sample size = n = [Zα/2* σ/ E] 2

n = [1.96 * 24 / 5]2

n = 88.51

Sample size = n = 89

c) Population standard deviation = σ = 8

Margin of error = E = 2

sample size = n = [Zα/2* σ / E] 2

n = [1.96 * 8 / 2]2

n = 61.46

Sample size = n = 62

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8 + X = 14 what does X equal to?

Answers

Answer:

x=6

Step-by-step explanation:

Rearrange terms:

8+x=14

x+8=14

Subtract 8 from both sides and simplify.

Given :-

8 + X = 14

To find :-

The value of X

Solution :-

8+x = 14

Transferring 8 to Right side

x = 14-8 (Signs change when transferred to opposite side)

x = 6

solve for x please refer to image

solve for x please refer to image

Answers

Answer:

x = 40

Step-by-step explanation:

Sum of interior angle of an n-polygon = (n - 2)*180

The polygon given is pentagon with 5 sides.

Sum of the polygon = (5 - 2)*180 = 540°

Therefore, sum of all its interior angles would be:

5x + 150 + (3x - 30) + 70 + (2x - 50) = 540°

Solve for x

5x + 150 + 3x - 30 + 70 + 2x - 50 = 540

Collect like terms

5x + 3x + 2x + 150 - 30 + 70 - 59 = 540

10x + 140 = 540

10x = 540 - 140 (Subtraction property of equality)

10x = 400

x = 400/10 (division property of equality)

x = 40

A movie theater offers a reward program that charges a
yearly membership fee and a discounted rate per movie ticket. The total
cost for a reward program member to seé 5 movies is $40 and the total
cost for 12 movies is $75. Assume the relationship is linear. Write the
equation of the function in the form y = mx + b, where x represents the
number of movies and y represents the total cost.

Answers

The equation of the function in the form y = mx + b, would be y = 5x + 15.

How to find the equation ?

We can start by using the two data points to find the slope of the linear equation:

When x = 5, y = 40

When x = 12, y = 75

Using the slope formula:

slope = (y2 - y1) / (x2 - x1)

slope = (75 - 40) / (12 - 5) = 35 / 7 = 5

To find the y-intercept (b), we can plug in one of the data points:

y = mx + b

40 = 5(5) + b

b = 15

So the y-intercept is 15.

Therefore, the equation of the function in the form y = mx + b is:

y = 5x + 15

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An art supplies store sells boxes that contain colored pencils and markers. Each box has a colored pencil to marker ratio of 5 to 2. Complete the table for the missing number of colored pencils, markers, or total number of colored pencils and markers in each box for sale.​

Answers

Based on the information, we can infer that the tables are completed as follows: 5, 10, 15, 4, 8.

How to complete the table of ratios?

To complete the table of the ratios we must take into account the information provided in the fragment. According to the above, in box A for every two markers there are 5 pencils and in box B for every three markers there are 4 pencils. Then the ratios would be the following:

Box A

2 markers, 5 pencils.4 markers, 10 pencils.6 markers, 15 pencils.

box B

3 markers, 4 pencils.6 markers, 8 pencils.

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An art supplies store sells boxes that contain colored pencils and markers. Each box has a colored pencil

need help with this ASAP
!!!!!!!!!!!!!!!!!!!!!!!!

need help with this ASAP!!!!!!!!!!!!!!!!!!!!!!!!

Answers

The fence in dead center is about 399 feet from the third base.

What is the Pythagorean Theorem?

The Pythagorean Theorem states that in the case of a right triangle, the square of the length of the hypotenuse, which is the longest side,  is equals to the sum of the squares of the lengths of the other two sides.

Hence the equation for the theorem is given as follows:

c² = a² + b².

In which:

c > a and c > b is the length of the hypotenuse.a and b are the lengths of the other two sides (the legs) of the right-angled triangle.

For the triangle in this problem, we have that:

The sides are d ft and 90 ft.The hypotenuse is of 409 ft.

Hence the distance is obtained as follows:

d² + 90² = 409²

\(d = \sqrt{409^2 - 90^2}\)

d = 399 ft.

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. A yoga studio charges a $36 membership fee and $20.60 per month for 10 classes. A Martial Arts studio charges a $20 membership fee and
$22.20 per month for 10 classes. Your friend belongs to the yoga studio the
same month you belong to the Martial Arts studio. After how many months
is your friend's total cost the same as your total cost?

Answers

Step-by-step explanation:

I can't understand by the sentence

result when the number 90 is decreased by 7.1%? Round your answer to the nearest tenth.

Answers

Answer:

83

Step-by-step explanation:

you need to think about the equation and think of the number closest to each number and decide which fits

Answer:

83.6

Step-by-step explanation:

You need to subtract 7.1 from 100, because it's a percentage, to get the resulting percent. Then multiply 90 with the answer you got in percent.

What is the slope of the following 2 points
(5,1) and (8,3)

Answers

Answer:

2/3

Step-by-step explanation:

use point slope formula: \(\frac{y_{2}-y_{1}}{x_{2}-x_{1}}\)to find the slope.

3-1=2

8-5=3

your slope is 2/3

Answer:

2/3

Step-by-step explanation:

The formula for slope is y2 - y1 over x2 - x1.

If we plug our numbers in we get 3-1=2

and.

8-5= 3

so the answer is 2/3.

The historical returns on a balanced portfolio have had an average return of 5% and a standard deviation of 14%, Assume that returns on this portfolio follow a normal distribution. (You may find it useful to reference the z table.) a. What percentage of returns were greater than 33%? (Round your final answer to 2 decimal places.) Percentage of returns = %
b. What percentage of returns were below -37%? (Round your final answer to 2 decimal places.) Percentage of returns %

Answers

The percentages of returns are given as follows:

a. Greater than 33%: 2.28%.

b. Below -37%: 0.13%.

How to obtain probabilities using the normal distribution?

The z-score of a measure X of a variable that has mean symbolized by \(\mu\) and standard deviation symbolized by \(\sigma\) is obtained by the rule presented as follows:

\(Z = \frac{X - \mu}{\sigma}\)

The z-score represents how many standard deviations the measure X is above or below the mean of the distribution, depending if the obtained z-score is positive or negative.Using the z-score table, the p-value associated with the calculated z-score is found, and it represents the percentile of the measure X in the distribution.

The parameters for this problem are given as follows:

\(\mu = 5, \sigma = 14\)

The proportion above 33% is the one subtracted by the p-value of Z when X = 33, hence:

Z = (33 - 5)/14

Z = 2.

Z = 2 has a p-value of 0.9772.

1 - 0.9772 = 0.0228 = 2.28%.

The proportion below -37% is the p-value of Z when X = -37, hence:

Z = (-37 - 5)/14

Z = -3.

Z = -3 has a p-value of 0.0013.

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Dimitri is solving the equation x2 – 10x = 21. Which value must be added to both sides of the equation to make the left side a perfect-square trinomial?

Answers

Answer:

\(\boxed{\sf \ \ 25 \ \ }\)

Step-by-step explanation:

Hello,

we can see that

\(x^2-10x = x^2-2*5x\)

is the beginning of

\(x^2-2*5x+5^2=(x-5)^2\)

so we must add 5*5=25 to both sides of the equation to make the left side a perfect square trinomial

hope this helps

Answer:

25.

Step-by-step explanation:

To find the value that will make the left side a perfect-square trinomial, you need to find (b/2)^2. In this case, b = -10.

(-10 / 2)^2

= (-5)^2

= (-5) * (-5)

= 25

Once you add 25 to both sides, the left side becomes x^2 - 10x + 25, which is equal to (x - 5)^2.

Hope this helps!

Identify the constant term in this expression 0.25 + 2x + 4z +0.75y
A) 2x B) 4x C 0.25 D) 0.75y​

Answers

C) 0.25 is the answer because it has the lowest degree and doesn’t have a variable

Answer:

0.25..........................................................

.

Does anyone know this?

Does anyone know this?

Answers

D E would most likely be 8,6

Answer: 8.6?

Step-by-step explanation:

Jim and Cara, working together, can rake the yard in 6 hours. Working alone, Cara takes three times as long as Jim. How many hours does it take Jim to rake the yard alone? Round your answer to two decimal places, if needed.

Answers

It takes 8 hours, for Jim to rake the yard alone.

What is a linear equation?

Equations whose variables have a power of one are called linear equations. One example with one variable is where ax+b = 0, where a and b are real values and x is the variable.

Given:

Jim and Cara, working together, can rake the yard in 6 hours.

Working alone, Cara takes three times as long as Jim.

Let x be the amount of time it takes Jim to rake the yard alone.

His work rate is 1/x.

So, Cara takes 3x.

Cara's work rate is 1/3x.

According to the question,

1/x + 1/3x = 1/6

6 + 2 = x

x = 8.

Therefore, Jim takes 8 hours.

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The average of 5 numbers is 8.5. Four of the numbers are 9.2, 3.4, 6.5 and 7.4. What is
the fifth number?

Answers

Answer:5

Step-by-step explanation:

Ray has found that his new car gets 31 miles per gallon on the highwayand 26 miles per gallon in the city. He recently drove 285 miles on 10gallons of gasoline. How many miles did he drive on the highway? How many miles did he drive in the city?

Answers

Answer:

Answer: 180 highway miles at 36 mpg (5 gals); 217 city miles at 31 mpg (7 gals).

Step-by-step explanation:

Tbh I don’t know and I hope someone gives you the answer

{(x, y): y = 2 |x + 1| and x {-2, -1, 0, 1, 2}}. (-2, __)

Answers

Answer: 37-07

Step-by-step explanation:

which statement correctly descibes what happens to the shape and location of the graph of y=2x^2 if it is regraphed as y=-1/2x^2

HELPPPPPPP

which statement correctly descibes what happens to the shape and location of the graph of y=2x^2 if it

Answers

Answer:

I got the same question rn

Step-by-step explanation:

What did you end up with for the answer?

What is the quotient?
x-1
x-3) 4x2+3x+2
+
4x2 + 15 +
47
X-3
4x + 15 +
43
X-3
4x2 + 15 +
43
X-3
4x + 15 +
47
X-3

Answers

Answer:

tbh idek wth that is

Step-by-step explanation:

Answer:

Step-by-step explanation:

44.5

u(x) = x² +5
w (x)=√x+7

Find the following.
(u•w) (2) =
(w•u) (2) =

u(x) = x +5w (x)=x+7Find the following.(uw) (2) =(wu) (2) =

Answers

The value of the function (w · u)(2) and (u · w)(2) is 27.

What is a function?

Function is a type of relation, or rule, that maps one input to specific single output.

We have been given two function as;

u(x) = x² + 5

w(x) = √(x + 7)

We need to find the value of (w · u)(2)

(w · u)(2) = (√(2 + 7))((2)² + 5)

(w · u)(2)  = (√(9))(4 + 5)

(w · u)(2)  = (3)(9)

(w · u)(2) = 27

Similarly we need to find (u · w)(2)

(u · w)(2) = ((2)² + 5)(√(2 + 7))

(u · w)(2) = (4+ 5)(√(9))

(u · w)(2)  = (9)(3)

(u · w)(2)  = 27

The value of the function (w · u)(2) and (u · w)(2) is 27.

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Please help!!
Which of the following are correct statements concerning the roots of unity?

Please help!!Which of the following are correct statements concerning the roots of unity?

Answers

The correct statement regarding the roots of unity is given as follows:

C. 1 is always the nth root of unit.

What are the roots of unity?

The roots of unity are the solutions to the following expression:

\(x^n - 1 = 0\)

The solution is then given as follows:

\(x^n = 1\)

\(x = \sqrt[n}{1}\)

\(x = 1\)

As the nth root of 1 is always 1, no matter the number(different of zero), we have that option c is the correct option for this problem.

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find the distance between the pionts(-5,1) and (4,1)

Answers

Y2-Y1
X2-X1

1-1
4+5

slope=0/9

Explanation:

The formula for calculating the distance between two points is: d = √ ( x 2 − x 1 ) 2 + ( y 2 -y 1 ) 2  Substituting the points from the problem gives: d = √ ( 0 − 5 ) 2 + ( 4 − 1 ) 2   d = √ ( − 5 ) 2 + ( 3 ) 2 d = √ 25 9 d = √ 34 Or d =3 5.8 rounded to the nearest hundredth.

Given 2(3x - 8) = 26
Prove x = 7

Answers

Use distributive property
6x - 16 = 26
Add 16 to both side
6x = 42
Divide both sides by 6
You would get x = 7
Other Questions
FIVE of the following questions. Each answer should be 200 words or fewer All questions in this section carry five marks. When asked to give examples, you should avoid those examples which are used in the core course materials. 1. Contrast the roles of senior manager and lower level manager, providing two examples of ways their roles would differ. 2. Briefly explain the difference between intrinsic and extrinsic motivation, providing a work-based example of each 3. Identify two of the statements which make up the three major financial statements, with a brief description of each. 4. Why does situational leadership theory suggest that levels of support and direction required by followers may differ? Provide two contrasting situations in which different leadership styles would be required. 5. What is the difference between a cost focus and a differentiation focus in Porter's generic strategy model? 6. What does VUCA stand for? Briefly explain two of the elements 7. When trying to understand a company's culture, what insight could physical artefacts provide? Give two examples of physical artefacts which may help an observer to understand a company's culture. 8. What is 'AaaS? Explain the acronym and provide two examples of online services that could be considered AaaS. (25 marks) SECTION B Read the case and answer ALL of the following questions, Your answers for all Oon B COMBINED should NOT exceed 800 words. SECTION A Answer FIVE of the following questions. Each answer should be 200 words or fewer. All questions in this section carry five marks. When asked to give examples, you should avoid those examples which are used in the core course materials. 1. Contrast the roles of senior manager and lower level manager, providing two examples of ways their roles would differ. non intrinsic and extrinsic motivation. Read the excerpt. Then choose the correct way to complete the sentence. The underlined phrase has a meaning, which creates . Reset Next Most firms have a goal to maximize their long-run ________, achieving as high a financial return on investment as possible. How do you feel when you know you might lose someone or thing that you had relationship with?What where your first few thoughts after hearing the loss? Megan added two numbers and the resulting sum was the new rational number. If the first number was 2/3, which of the following could be the second number? Select two that apply Help please with 4 and 3 A student places four identical cells into four different liquids.Which cells would take in water and swell?cells X and Zcells W and Ycells X and Ycells W and Z a young client is being treated for a femoral fracture suffered in a snowboarding accident. the nurse's most recent assessment reveals that the client Matching Geometric Statements (Please help fast I will give brainleist if right) Is the scientific method limited?. Which statement should fill in the blank in the last line of the proof? m is supplementary to o n is supplementary to p m p n p . How can drug and alcohol use negatively affect YOUR future? (5 Sentences) what does the poem "there but for the grace" have to connect the the diary of anne frank Given that y = 8 cm and = 47, work out x rounded to 1 DP. All of the following are characteristics of place EXCEPTclimate.vegetation.street patterns.O latitude.O topography.HELLLPPP HURRY In this assignment, you'll create a food chain for an ocean ecosystem. Listed below are five organisms found in an Estuary (body of water where a river meets the sea). Your task is to create a food chain with those five organisms and identify each organisms role. Include producer (photoautotroph), herbivore, 1st level carnivore, 2nd level carnivore and apex predator. You can use text only to write out the food chain. As an option, you can create a drawing with labels, or a list using arrows and labels to show your food chain. Arrows and images are not required. In your text, make sure you explain the relationship between each organism. Estuary organisms: algae, sea lion, zooplankton, squid, salmon brainly in the united states, technological advances help explain persistently rising employment in the face of rising wages. a. true b. false Examine the features of egyptian civilisation in relation to the features of modern society? For the point P(-24,23) and QC - 17,28), find the distance d(P,Q) and the coordinates of the midpoint M of the segment PQ. What is the distance? Brianna needs to contact members of the softball league. She calls 2 members of the softball league. Those 2 people each call 2 more people in the afternoon. That evening, those additional people each call 2 others. How many people are called that evening?