Jackie wants to buy a $25,000 car, but she can afford to pay only $400 per month for 5 years. If the interest rate is 8.25% compounded monthly, how much does she need to put down?

Answers

Answer 1

Answer:

A down payment of $5,388.50  to get the principle to $19611.50  for a monthly payment of $400 for 60 months at 8.25%

Step-by-step explanation:

I used a payment calculator

I don't know how else to solve the problem.  I thought I could find the equation, but I don't think this is it, since P didn't equal 19611.50

A = P[r(1+r)n] / [(1+r)n - 1]    

if you have the correct formula follow this process

A = 400        P principle ???    r = i%/12 = 0.0825/12 =  0.006875    n= 5×12 = 60

     solve for P      then    down payment = 25000 - P

 P = A / [r(1+r)n] / [(1+r)n - 1]    

    = A [(1+r)n - 1]  /  [r(1+r)n]

    =  400 [(1 +.006875)60 -1]  /  [0.006875( 1 +0.006875)60]

     


Related Questions

HELP IS STUDY ISLAND I NEED THIS NOW

Answers

Answer:

i think A. 6 in

Step-by-step explanation:

because the lenght is diagram 3

yvonne is 3 years younger than her sister.the sum of thier ages is 25 years.​

Answers

Answer:

mk?

Step-by-step explanation:



Guessing you need to know how old each girl is. Yvonne is 11, her sister is 14.

s = sister
y = Yvonne
Yvonne is 3 years younger than her sister
y = s - 3
s + y = 25

So we’ll substitute the first equation into the second:

s + (s - 3) = 25 and solve for a numerical value for s
2s - 3 = 25
Add 3 to both sides:
2s = 28
s = 14

Yvonne is 3 years younger, so she is 11.

The admission fee at an amusement park is $3.50 for children and $5.40 for adults. On a certain day, 351 people entered the park, and the admission fees collected totaled $1523. How many children and how many adults were admitted?

Answers

Answer:

Adults=155, children = 196

Step-by-step explanation:

What is the answer to this problem?

Answers

Answer:

0.5 if rounded to the nearest tenth

Step-by-step explanation:

Where can we use linear inequalities in real life?

Answers

Step-by-step explanation:

we can use it to solve age problems and Money problems e.t.c

Raj rides his bike for 3.4 miles. What is the length of Raj's bike ride in feet? Enter your answer in the box.

Answers

Answer:

Hey there!

I belive the answer is 17952 ft

which if you multiply 3.4 miles x 5280 is equal to 17952 ft.

Hope this can help! Please correct me if im wrong!

If ZP and ZQ are complementary angles,
mZP = 7x + 3, and mZQ = 16x – 5, find mZP.
A. 31°
B. 34°
C. 56
D. 59°

Answers

The answer for this question is A because x is equivalent to 4

The height of a cone is two times its base diameter. What is the volume of the cone in terms of its base radius ?

Answers

Step-by-step explanation:

Cone Volume = 1/3 ×( π r² h)      h = 2 × diameter  =  2 × 2 × r

Cone Volume = 1/3 ×( π r² h)      h = 2 × diameter    diameter = 2r

                                                       =  2 × (2 × r)  

                                                       = 4r

                                                         

Cone Volume = 1/3 ×( π r² 4r)

                        =  (4 π r³ / 3)

CAN SOMEONE PLS DO TBJS U HAVE TO SHOW WORK BUT ITS EASG AND DOESNT NEED TO BE PERFECTT

Answers

Answer:

area? is that what u need? or perimeter

Step-by-step explanation:

1. Find the Surface Area of the Rectangular
Prism.
5 ft
4 Ft
3 ft

Answers

Answer:

The total surface area is 94ftsq

lateral surface area is 70ftsq

top surface area is 12ftsq

bottom surface area is 12 ft sq

Please solve this: the area of a rectangular piece of card is 56cm square.

Answers

9514 1404 393

Answer:

  7 cm

Step-by-step explanation:

The formula for the area of a rectangle tells you the area is the product of length and width:

  A = LW

  56 = 8W

From your knowledge of multiplication tables, you know that ...

  56 = 8·7

That is, W = 7 . . . cm.

The width of the card is 7 cm.

Answer:

7 cm is the answer.

Step-by-step explanation:

#CarryOnLearning

At WMS, 3 out of 4 students ride a bus to school. There are 600 students at WMS. How many students ride the bus?

Answers

Answer:

450 students

Step-by-step explanation:


Express in the form 1: n.
Give n as a decimal.
18:9


Answers

Answer:

n = 0.5

Step-by-step explanation:

Calculate the Volume
Pls help

Answers

Answer:

420

Step-by-step explanation:

Multiply length, times width, times height to get your answer.

7 times 12 times 5=420

Find the value of x :)

Answers

Answer:

x = 20

Step-by-step explanation:

→ Remember how many degrees are on a straight line

180°

→ Set up an equation

2x + 70 + 3x + 10 = 180

→ Simplify

5x + 80 = 180

→ Minus 80 from both sides

5x = 100

→ Divide both sides by 5

x = 20

Answer:

x=20

Step-by-step explanation:

Those add up to 180 degrees because a straight line is 180 degrees

Equation

2x + 70 + 3x + 10 = 180

Add liked terms

2x+3x=5x

5x+80=180

5x+80-80=180-80

Divide both sides by 5

5x=100

x=20

hope this helps and good luck! <3

What would y be if x was equal to 410 billion?

Answers

It could be any number

Answer:

it would be any number because variables don't mean a certain,number

Approximate, in square meters, the area of a circle with radius = 58.2 m. (Round your answer to three decimal places.)

Answers

Answer:

10,635.934 m^2

Step-by-step explanation:

The formula for area of a circle is π r² (pi ⋅ radius ⋅ radius)

According to the word problem, 58.2 is the radius.

Now that we know the radius, we have our final equation:

pi ⋅ radius ⋅ radius

(3.14 IS USED FOR PI)

3.14 ⋅ 58.2 ⋅ 58.2 = 10,635.9336

10,635.9336 rounded to the three decimal places (to the nearest thousandth): 10,635.934

Therefore, the area of this circle in square meters is 10,635.934 m^2.

Please help!!!!!!!!!!

Answers

The correct answer is B

Given the coordinates for the function below, who of the following are coordinates for its inverse?

Answers

Answer:

If we have a function f(x) that has an inverse g(x), we have the relations:

f( g(x)) = x

g( f(x)) = x

Then if the coordinates for the function f(x) are points like (x₁, y₁)

The coordinates for the inverse, g(x), will be (y₁, x₁)

Now let's look at the table, here we can see that the coordinates for f(x) are:

(0, 650)

(100, 550)

(200, 450)

(340, 310)

(650, 0)

Then the coordinates of the inverse function will be:

(650, 0)

(550, 100)

(450, 200)

(340, 310)

(0, 650)

The lengths of a professor's classes has a continuous uniform distribution between 50.0 min and 52.0 min. If one such class is randomly selected, find the probability that the class length is between 50.4 and 51.4 min.

P(50.4 < X < 51.4) =

Answers

Answer:

=0.70

Step-by-step explanation:

p(x < 51.4) = (51.4-50.0)/(52.0-50.0)

p(x < 51.4) =1.4/2

=0.70

table below shows the number of miles run each day of the week. Which list shows the number of miles

run in order from least to greatest?



Monday, Thursday, Wednesday, Tuesday
Monday, Thursday, Wednesday, Tuesday

Thursday, Tuesday, Wednesday, Monday
Thursday, Tuesday, Wednesday, Monday

Monday, Wednesday, Tuesday, Thursday
Monday, Wednesday, Tuesday, Thursday

Tuesday, Monday, Wednesday, Thursday

Answers

Answer:

monday wednesday tuesday thursday

Step-by-step explanation:

edge 2020

Monday, Wednesday, Tuesday and Thursday is the order from least to greatest.

What is Fraction?

A fraction represents a part of a whole.

Monday = [tex]3\frac{1}{3}[/tex]

Convert mixed fraction to improper 10/3

Decimal value 3.33

Tuesday = [tex]3\frac{2}{5}[/tex]

The improper fraction is 17/5

Decimal value 3.4

Wednesday = [tex]3\frac{3}{8}[/tex]

The improper fraction is 27/8

Decimal 3.375

Thursday = [tex]3\frac{1}{2}[/tex]

The improper fraction is 7/2 which is 3.5

Hence, Monday, Wednesday, Tuesday and Thursday is the order from least to greatest.

To learn more on Fractions click:

https://brainly.com/question/10354322

#SPJ2

pls help its due soon

Answers

A reflection over the x axis followed by a dilation.
Explanation:
The image is flipped over the x axis and also bigger which means x,y were multiples making it a dilation.

(1 point) Rewrite the logarithmic expression \log(A\sqrt{B}) \log(A^2) in equivalent logarithmic form. There may be more than one correct answer. A. \log(A) - 2\log(B) \log(A^2) B. \frac{\log(A)\log(B)}{2} 2\log(A) C. \log(A) \frac{1}{2}\log(B) \log(A^2) D. \log(A^{3}) \frac{1}{2}\log(B) E. 3\log(A) \frac{1}{2}\log(B) F. \log(A^3\sqrt{B}) G. None of the above

Answers

Answer:

Step-by-step explanation:

Answer:

C.D.E.F

Step-by-step explanation:

log(A\sqrt{B}) \log(A^2)

A. \log(A) - 2\log(B) \log(A^2)  

Answer A is wrong  because sqrt is denoted by  1/2  and the coefficient of log B is 2 not 1/2

B. \frac{\log(A)\log(B)}{2} 2\log(A)

Answer B is wrong because  2 is multiplied by B instead of 1/2

C.\log(A) \frac{1}{2}\log(B) \log(A^2)

Answer C is correct because  1/2  is multiplied by log B

D. \log(A^{3}) \frac{1}{2}\log(B)

Answer D is also correct  because  1/2  is multiplied by log B

E. 3\log(A) \frac{1}{2}\log(B)

Answer E is also correct because  3  is co efficient of log A

F. \log(A^3\sqrt{B})

This is correct. Here the log is applied to the given fraction

A large school district claims that 80% of the children are from low-income families. 150 children from the district are chosen to participate in a community project. Of the 150 only 70% are from low-income families. The children were supposed to be randomly selected. Do you think they really were

Answers

Incomplete question. However, I answered from a general research perspective.

Explanation:

Note, the term sample used in statistical research refers to subjects or persons carefully selected (using a particular sampling method/type ) to represent the target population.

A randomly selected sample could be done as either:

Simple Random Sampling Stratified Random Sampling Cluster Random Sampling.Systematic Random Sampling.

Using any of the above sampling methods could result in 70% of the population being from low-income families as this is a matter of chance. Hence, we can agree with the research results.

Using the z-distribution, it is found that since the test statistic is less than the critical value for the left-tailed test, there is enough evidence to conclude that the children were not randomly selected.

At the null hypothesis, we test if they were really randomly selected, that is, the proportion is of 80%:

[tex]H_0: p = 0.8[/tex]

At the alternative hypothesis, we test if they were not randomly selected, that is, the proportion is of less than 80%.

[tex]H_1: p < 0.8[/tex]

The test statistic is given by:

[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1-p)}{n}}}[/tex]

In which:

[tex]\overline{p}[/tex] is the sample proportion. p is the proportion tested at the null hypothesis. n is the sample size.

For this problem, the parameters are:

[tex]p = 0.8, n = 150, \overline{p} = 0.7[/tex]

Then, the value of the test statistic is:

[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1-p)}{n}}}[/tex]

[tex]z = \frac{0.7 - 0.8}{\sqrt{\frac{0.8(0.2)}{150}}}[/tex]

[tex]z = -3.06[/tex]

The critical value for a left-tailed test, as we are testing if the proportion is less than a value, with a significance level of 0.05, is of [tex]z^{\ast} = -1.645[/tex].

Since the test statistic is less than the critical value for the left-tailed test, there is enough evidence to conclude that the children were not randomly selected.

A similar problem is given at https://brainly.com/question/24166849

1. Write the point-slope form of the equation of the line with a slope of 2 that
goes through the point (4,-4).

Answers

Answer:

y+4=2(x-4)

Step-by-step explanation:

y-y1=m(x-x1)

y-(-4)=2(x-4)

y+4=2(x-4)   point slope form

WILL GIVE BRANLIEST.
Which of the following statements are true?
Select 4 correct answers

1. All of the coordinate pairs in Quadrant 1 are positive.


2. All of the coordinate pairs in Quadrant 3 are negative.


3 All of the coordinate pairs in Quadrant 2 are positive.


4 Everything to the left of zero on the x axis is negative, everything below zero on the y axis is negative.


5The x axis is positive in quadrants 1 & 3


6 The y axis is negative in Quadrants 3 & Quadrant 4.

Answers

Answer:

1. True

2. True

3. False

4. True

5. False

6. True

7. Jesus.

Is this a polygon?

Yes or no

Answers

Answer: No

Step-by-step explanation:

A polygon should have straight lines so the answer is no

In a class test, +4 marks were awarded for the correct answers and -1 mark for the wrong answers. Student scores 40 marks. If his correct answers were 11, find his wrong answers.

Answers

Step-by-step explanation:

Let y the number of wrong answers got.

[tex]11( + 4) + ( - 1)y = 40 \\ 44 - y = 40 \\ - y = - 4 \\ y = 4[/tex]

∴ He got 4 wrong answers.

Jason inherited a piece of land from his great-uncle. Owners in the area claim that there is a 45% chance that the land has oil. Jason decides to test the land for oil. He buys a kit that claims to have an 80% accuracy rate of indicating oil in the soil. What is the probability that the land has ol and the test predicts it?

A) 0.09

B) 0.11

C) 0.36

D) 0.44​

Answers

I think the answer is A I hope I’m right.

Find the value of 4.5 times the value of one fourth of 12

Answers

the answer is 13.5.

Answer: 13.5

Step-by-step explanation: 1/4 of 12 is 3, so 3x4.5=13.5

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