A Chevrolet Sonic Hatchback costs $14,845.00. With a 15% down payment, you can have an amortized loan for 6 years at a rate of 4.5%.

A) What will the monthly payment be?

B) How much will the car cost, in total?

C) How much money will be paid in interest?

Answers

Answer 1

Using simple interest, it is found that:

a) The monthly payment will be of $222.57.

b) In total, the car will cost $18,251.9275.

c) $16,025.1775 will be paid in interest.

The amount of money accrued after t years, using simple interest, with an initial value of P and a decimal rate of r is given by:

[tex]A(t) = P(1 + rt)[/tex]

In this problem:

Total cost of $14,845.00, with a down payment of 15%, hence the initial value that will accrue interest is [tex]P = 0.85(14845) = 12618.25[/tex].Loan for 6 years, hence [tex]t = 6[/tex]Rate of 4.5%, hence [tex]r = 0.045[/tex].

Item a:

The amount of money accrued will be of:

[tex]A(6) = 12618.25[1 + 0.045(6)] = 16025.1775 [/tex]

Payment over 6 x 12 = 72 months, hence, the monthly payment will be of:

[tex]m = \frac{16025.1775}{72} = 222.57[/tex]

The monthly payment will be of $222.57.

Item b:

The total cost is composed by:

Down payment of 15%, out of the amount of $14,845.00.Interest of $16,025.1775.

Hence:

[tex]T = 0.15(14845) + 16025.1775 = 18251.9275[tex]

In total, the car will cost $18,251.9275.

Item c:

As found in item a, $16,025.1775 will be paid in interest.

A similar problem is given at https://brainly.com/question/13176347


Related Questions

Determine whether the distribution is a discrete probability distribution

X. 1 2 3 4 50
P(x) 0.28 0.45 0.11 0.08 0.08




Is the distribution a discrete probability distribution?

O A. Yes, because the sum of the probabilities is equal to 1 and each probability is between 0 and 1, inclusive.

OB. No, because each probability is not between 0 and 1, inclusive.

O c. Yes, because the sum of the probabilities is equal to 1.

OD. No, because the sum of the probabilities is not equal to 1.

Answers

Answer:

A child psychologist is interested in the number of times a newborn baby’s crying wakes its mother after midnight. For a random sample of 50 mothers, the following information was obtained. Let X = the number of times per week a newborn baby’s crying wakes its mother after midnight. For this example, x = 0, 1, 2, 3, 4, 5.

P(x) = probability that X takes on a value x.

x P(x)0 P(x = 0) = 250

1 P(x = 1) = 1150

2 P(x = 2) = 2350

3 P(x = 3) = 950

4 P(x = 4) = 450

5 P(x = 5) = 150

Step-by-step explanation:

pa follow po pls.

How many gallons of a 90% antifreeze solution must be mixed with 100 gallons of 10% antifreeze to get a mixture that is 80% antifreeze? Use the six-step method.

Answers

WOOOOOOO FREEEZE RAYYY. AAAAAAAAAA AAAAAAAAAAAAAAAAAA. IM DYING GRANDPA SMOKED THE MOONS ASHES AND NOW IM FLYING

A circle has diameter 11 cm
Pythagoras theorem
Please answer will mark BRAINELIST:)

Answers

77 is the answer I think

Please help me answer it please no links or you will be reported

Answers

Answer:

what answer

Step-by-step explanation:

?????????????

help me out guys I don't get this ?!​

Answers

Answer:

B: (-2,-3)

Step-by-step explanation:

The problem basically wants you to find the vertex because that is the turning point of an absolute value graph where the slope goes from negative to positive immediately. B is the best choice because the vertex is translated 2 to the left and 3 down.

-2 (x+5) = 4
use the distributive property to solve the equation

Answers

Ok
-2x-10=4
Add 10 on both sides
X = -7
-2=14
Divide by -2

Write an equation for the sentence.

Four times a number less 10 is equal to 16 ?

Answers

Answer:

four times a number less 10 is equall to 16 ia not


A soccer goalpost is to be made of 40 feet of
Jumber. The school has 27 feet. How much
umber should be purchases?

Answers

Answer:

13 more should be purchased.

40-27=13

There are 6 equally sized slices in a pizza. If Ken eats 5 of the slices,
what percent of the pizza has he eaten? Show your work.

Answers

Answer:

Step-by-step explanation:

5 / 6 = 0.83333333...

0.833333...•100 = 83.333333...

83.3%

Answer:

You can do this type of questions with inverse proportion.

_

%83,3

1.What is m + 5n where m = 1 and n = 5?
A. 26
B. 52
C. 25
D. 62
ANSWER:____

2.What is 5m + 5n where m = 10 and n = -5?
A. 25
B. 26
C 62
D. 52
ANSWER:____

ADD EXPLANATION IF NECESSARY :)​

Answers

Answer:

Answer# 1: A. 26

Answer# 2: A. 25

Step-by-step explanation:

1. What is m + 5n where m = 1 and n = 5?

Substitute 1 for "m" and 5 for "n":

[tex]\sf (1)+5(5)[/tex]

Multiply 5*5 =25

[tex](1)+25[/tex]

Add :

[tex]\sf 26[/tex]

____________________

2. What is 5m + 5n where m = 10 and n = -5?

Substitute 10 for "m" and -5 for "n".

[tex]\sf 5\left(10\right)\:+\:5\left(-5\right)[/tex]

Multiply 5 * 10= 50

[tex]\sf 50+5\left(-5\right)[/tex]

Multiply 5 * -5 = -25

[tex]\sf 50-25[/tex]

Subtract:

[tex]\sf 25[/tex]

___________________________________


If the perimeter of an isosceles triangle is
21cm. Find the product of the other two side if the base
side is 9cm

Answers

Answer:

6 cm for both sides

Step-by-step explanation:

6cm for both sides I

Please verify how [tex]\frac{1-cos(x)}{sin(x)} =\frac{sin(x)}{1+cos(x)}[/tex]

Answers

Answer/Step-by-step explanation:

[tex]\frac{1-\cos \left(x\right)}{\sin \left(x\right)}=\frac{\sin \left(x\right)}{1+\cos \left(x\right)}[/tex]

When you have an equation like this, you can start from either side. So, let us start from the left side.

[tex]\underline{\mathrm{Left\:side:}} \quad\frac{1-\cos \left(x\right)}{\sin \left(x\right)}[/tex]

[tex]\sf{Rewrite\: using \:Trig \:identities=\frac{\sin \left(x\right)}{1+\cos \left(x\right)}}\\\\\mathrm{Therefore,\: it \:is \:true}[/tex]

Solve each proportion 3 = 72 – 7​

Answers

1. 504=3x
x=168

2. 64=20m
m=3.2

1. 3/7 = 72/x

By cross multiplication we get :

➟ 3x = 72 × 7

➟ x = 72 × 7/3

➟ x = 24 × 7

➟ x = 168

2. m/8 = 8/20

By cross multiplication we get :

➟ 20m = 8 × 8

➟ 20m = 64

➟ m = 64/20

➟ m = 16/5

what is 20% of 30? how would you calculate it? please answer asap

Answers

Answer:

Working out 20% of 30

If you are using a calculator, simply enter 20÷100×30 which will give you 6 as the answer.

Step-by-step explanation:

Answer:

6

Step-by-step explanation:

what is 20% of 30? how would you calculate it?

30 : 100 * 20 = 6

or

30 * 0.20 = 6

5. 3 out of 750 light bulbs is what percent?​

Answers

Answer:

0.00706666666

Step-by-step explanation:

ILL GIVE BRAINLIEST! THIS IS DUE SOON PLEASE

Answers

Answer:

-3

Step-by-step explanation:

a. Simply put (x+h) wherever you have x.

[tex]f(x+h) = -3(x+h)+7 = -3x +7 -3h[/tex]

b. We have the first part, just subtract

[tex]f(x+h) = -3(x+h)+7 = -3x +7 -3h - (-3x+7) = -3x+7-3h +3x -7 = -3h[/tex]

c. Finally, we divide by h[tex]\frac{-3h}h = -3[/tex]

y′′ −y = 0, x0 = 0 Seek power series solutions of the given differential equation about the given point x 0; find the recurrence relation that the coefficients must satisfy

Answers

Let

[tex]\displaystyle y(x) = \sum_{n=0}^\infty a_nx^n = a_0 + a_1x + a_2x^2 + \cdots[/tex]

Differentiating twice gives

[tex]\displaystyle y'(x) = \sum_{n=1}^\infty na_nx^{n-1} = \sum_{n=0}^\infty (n+1) a_{n+1} x^n = a_1 + 2a_2x + 3a_3x^2 + \cdots[/tex]

[tex]\displaystyle y''(x) = \sum_{n=2}^\infty n (n-1) a_nx^{n-2} = \sum_{n=0}^\infty (n+2) (n+1) a_{n+2} x^n[/tex]

When x = 0, we observe that y(0) = a₀ and y'(0) = a₁ can act as initial conditions.

Substitute these into the given differential equation:

[tex]\displaystyle \sum_{n=0}^\infty (n+2)(n+1) a_{n+2} x^n - \sum_{n=0}^\infty a_nx^n = 0[/tex]

[tex]\displaystyle \sum_{n=0}^\infty \bigg((n+2)(n+1) a_{n+2} - a_n\bigg) x^n = 0[/tex]

Then the coefficients in the power series solution are governed by the recurrence relation,

[tex]\begin{cases}a_0 = y(0) \\ a_1 = y'(0) \\\\ a_{n+2} = \dfrac{a_n}{(n+2)(n+1)} & \text{for }n\ge0\end{cases}[/tex]

Since the n-th coefficient depends on the (n - 2)-th coefficient, we split n into two cases.

• If n is even, then n = 2k for some integer k ≥ 0. Then

[tex]k=0 \implies n=0 \implies a_0 = a_0[/tex]

[tex]k=1 \implies n=2 \implies a_2 = \dfrac{a_0}{2\cdot1}[/tex]

[tex]k=2 \implies n=4 \implies a_4 = \dfrac{a_2}{4\cdot3} = \dfrac{a_0}{4\cdot3\cdot2\cdot1}[/tex]

[tex]k=3 \implies n=6 \implies a_6 = \dfrac{a_4}{6\cdot5} = \dfrac{a_0}{6\cdot5\cdot4\cdot3\cdot2\cdot1}[/tex]

It should be easy enough to see that

[tex]a_{n=2k} = \dfrac{a_0}{(2k)!}[/tex]

• If n is odd, then n = 2k + 1 for some k ≥ 0. Then

[tex]k = 0 \implies n=1 \implies a_1 = a_1[/tex]

[tex]k = 1 \implies n=3 \implies a_3 = \dfrac{a_1}{3\cdot2}[/tex]

[tex]k = 2 \implies n=5 \implies a_5 = \dfrac{a_3}{5\cdot4} = \dfrac{a_1}{5\cdot4\cdot3\cdot2}[/tex]

[tex]k=3 \implies n=7 \implies a_7=\dfrac{a_5}{7\cdot6} = \dfrac{a_1}{7\cdot6\cdot5\cdot4\cdot3\cdot2}[/tex]

so that

[tex]a_{n=2k+1} = \dfrac{a_1}{(2k+1)!}[/tex]

So, the overall series solution is

[tex]\displaystyle y(x) = \sum_{n=0}^\infty a_nx^n = \sum_{k=0}^\infty \left(a_{2k}x^{2k} + a_{2k+1}x^{2k+1}\right)[/tex]

[tex]\boxed{\displaystyle y(x) = a_0 \sum_{k=0}^\infty \frac{x^{2k}}{(2k)!} + a_1 \sum_{k=0}^\infty \frac{x^{2k+1}}{(2k+1)!}}[/tex]

Repost
A group of tourists are on a three-day hiking trip. They hike ⅛ of the trail on the first day. On the second day, they hike 4/7 of the remaining distance. On the third day, they hike 1/3 of the remaining distance, plus the final 8 km. How many kilometers long is the trail?

Answers

Answer:

You told me to resolve this question

Which expression is NOT equal to 729?
3 × 3 × 3 × 3 × 3 × 3
63
9 × 9 × 9
36

Answers

Answer:

6^3

Step-by-step explanation:

3 × 3 × 3 × 3 × 3 × 3=729

6^3=216

3 × 3 × 3 × 3 × 3 × 3=729

3^6=729

Hope this helps :)

3 × 3 × 3 × 3 × 3 × 3

63

9 × 9 × 9

36

Plz plz plz plz help me do this will give brainleiest.

Answers

Answer:

50 in²

Step-by-step explanation:

The area of the rectangle = 8 × 4 = 32 in²

area of Δ NPO = [tex]\frac{1}{2}[/tex] × PO × PN = [tex]\frac{1}{2}[/tex] × 3 × 4 = 6 in² ( PN = RM )

area of Δ PQR = [tex]\frac{1}{2}[/tex] × RP × 3 = [tex]\frac{1}{2}[/tex] × 8 × 3 = 12 in² ( RP = MN )

area of MNOPQR = 32 + 6 + 12 = 50 in²

answer this question fast

Answers

Answer:

0.09

Step-by-step explanation:

Who is the general information of accounting

Answers

Answer:

General accounting essentially refers to general ledger collection and accounting activities that include account charges in credits and debits and documenting financial statements for a quarter, calendar or fiscal year.

quick mafs ill mark brainliest​

Answers

Answer:

LJ< JK<LK

Step-by-step explanation:

for a theorem, the order of the side of the triangle is the same as the order of the opposite angles since for the angles it's K<L<J, you replace each with the opposite side (quick trick, it's the one not containing the letter!)

I got brainly for my kid , it’s on my phone and she is on my family share How can she use it on her phone?

Answers

Answer:

The only way she was able to use it if she knew your email and linked you to the account or she had some sort of permissions to get brainly on her device.

In a certain game, there are only two ways to score points; one way is worth 3 points, and the other is worth 5 points. If Tamsin's total score is 61, which of the following could be the number of 3-point scores that Tamsin had?

Answers

Answer:

20 three-point scores

61/3=20 R1

Answer:

7

Step-by-step explanation:

61 divided by 8 = 7 remainder 5

you can do 7 3's and 7 5's which would make 7x3 = 21  +  7 x 5 = 35  21 + 35 = 56

61 - 56  = 5 (add 1 to the amount of 5's)

7 3's and 8 5's

For the student council meeting after school, Mr. Aggie brought 7 loaves of homemade raisin bread. Each loaf was cut into 20 equal pieces. The sixth grade students ate 1 whole loaf and 4 slices of raisin bread. The seventh grade students ate 9 slices of raisin bread. The eighth grade students ate 6 slices of raisin bread. Which expression below can be used to show the amount of raisin bread eaten by the student council members?

Answers

Answer:

proportion of ratio will be used

Answer:

C. 1 4/10 + 9/10 + 6/10

got it right

Jake Visits his relatives on Thanksgiving. He first travels to his parents'
place which is 5 miles straight NORTH. He then travels to his grandparents'
which is 5 miles straight WEST from his parent's house. What is the total
distance of Jake's Journey? What is the total displacement of Jake's
Journey?*
Distance 10 Miles: Displacement 10 Mlles

Distance 5 Miles: Displacement 5 miles

Distance 10 miles: Displacement 7.07 miles

Distance 5 miles : Displacement 7.07 miles

Answers

Answer:

Distance 10 miles: Displacement 7.07 miles  

Step-by-step explanation:

Let's depict Jake's journey on the Cartesian coordinate axis. Let Jake initially be at the point (0 ; 0 ) . Then you can determine how far from the starting point (0; 0) it has moved away (displacement ). According to the Pythagorean theorem , we will find it He walked 10 miles And displacement is found by the Pythagorean theorem
[tex]\bf displacement = \sqrt{5^2+5^2} =\sqrt{50} \approx 7.07m[/tex]
Then the answer is : Distance 10 miles: Displacement 7.07 miles

helppp please!!!!!!!!!!!!!!

Answers

Answer:

No

No

Yes

Yes

No

Step-by-step explanation:

In this case we are looking at substitution, so any where you find x put three(3) in replace of it.

And remember the answer should be 36,

I find it difficult to type the answer so I will take a picture instead.

In the previous year, at Hub Motors ltd, for a particular model of Mercedes, Nissan and Ford, one could purchase (in million shillings) all three cars for a total of Ksh 150. This year, due to inflation, the same cars would cost Ksh 161. The cost of the Mercedes increased by 8%, the Nissan by 6%, and the Ford by 12%. If the price of last year's Nissan was Ksh 7 less than the price of last year's Mercedes, Use matrix inverse to find the price of each of the three cars last year?​

Answers

Answer:

Step-by-step explanation:

In 20P9 what does the "20"
represent?
A. Permutation
B. The number of items in the set.
C. The number of objects selected from the set.

Answers

Answer:

It is b

Step-by-step explanation: Because only one that makes sense

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