Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers different from those presented here. For long-term loans, the differences may be pronounced.

You borrow $16,000 with a term of four years at an APR of 5% to buy a truck. What is your monthly payment? (Round your answer to the nearest cent.)
$


How much total interest is paid? (Round your answer to the nearest cent.)
$

Answers

Answer 1

Answer:

368.47

1686.56

Step-by-step explanation:

effective rate: .05/12=.00416666667

payment=x

[tex]16000=x\frac{1-(1+.00416666667)^{-48}}{.00416666667}\\x=368.47[/tex]

Interest:

368.47*48-16000=1686.56

Answer 2

Answer:

Answer:

368.47

1686.56

Step-by-step explanation:

effective rate: .05/12=.00416666667

payment=x

\begin{gathered}16000=x\frac{1-(1+.00416666667)^{-48}}{.00416666667}\\x=368.47\end{gathered}

16000=x

.00416666667

1−(1+.00416666667)

−48

x=368.47

Interest:

368.47*48-16000=1686.56


Related Questions

Consider rolling two fair dice and observing the number of spots on the resulting upward face of each one. Letting A be the event that at least one of the dice results in 6 spots on its upward face, and E be the event that exactly one of the dice results in 6 spots on its upward face, give the value of P(E|A). (Note: This value can be easily obtained by looking at p. 2.3 of the class notes and using a reduced sample space. In fact, such an approach makes the solution so trivial, that for this problem, you don’t have to give any justification for your answer.)

Answers

Answer:

[tex]P(E|A)= \frac{10}{11}[/tex]

Step-by-step explanation:

Given

Two rolls of die

[tex]E \to[/tex] one of the outcomes is 6

[tex]A \to[/tex] atleast one is 6

Required

P(E|A)

First, list out the outcome of each

[tex]E = \{(1,6),(2,6),(3,6),(4,6),(5,6),(6,1),(6,2),(6,3),(6,4),(6,5)\}[/tex]

[tex]A = \{(1,6),(2,6),(3,6),(4,6),(5,6),(6,1),(6,2),(6,3),(6,4),(6,5),(6,6)\}[/tex]

So:

[tex]P(E|A)= \frac{n(E\ n\ A)}{n(A)}[/tex]

Where:

[tex]E\ n\ A = \{(1,6),(2,6),(3,6),(4,6),(5,6),(6,1),(6,2),(6,3),(6,4),(6,5)\}[/tex]

[tex]n(E\ n\ A) = 10[/tex]

[tex]n(A) = 11[/tex]

So:

[tex]P(E|A)= \frac{10}{11}[/tex]

If you deposit ₱10,000 into an account that earns 5% annual interest compounded semiannually, how long will it take until there is ₱12,000 in the bank account

Answers

Answer:

t = 3.69 ≈ 3. 7 years

Step-by-step explanation:

Given :

P = 10,000

r = 5%= 0.05

A = 12,000

n = 2 ( because it is compounded semi - annually )

 

  [tex]A = P (1 + \frac{r}{n})^{nt}\\[/tex]

[tex]12000 = 10000(1 + \frac{0.05}{2})^{2 t}\\\\1.2 = ( 1 + \frac{0.05}{2})^{2t}\\\\1.2 = (1.025)^{2t}\\\\log \ 1.2 = 2t \ log \ 1.025\\\\2t = \frac{log 1.2 }{log 1.025} \\\\2t = \frac{0.1823}{0.0247}\\\\2t = 7.3805\\\\t = 3.69[/tex]

Standard form equation

Answers

Answer:

5x+4y=24

Step-by-step explanation:

So Ax+By=C is the standard form equation of a line.

y=mx+b (in which m is the slope and b is the y-intercept) is the equation that most people start off with.

Since the line intersects the y-axis at (0,6), the y-intercept is 6.

So, we can substitute 6 with b, which is y=mx+6.

Now, we can find the slope (m) by either inserting a known point (x,y) or using rise/run. Either way, you get the slope as -5/4 because we go five units DOWN and four units RIGHT from (0,6), one known point, to (4,1), another known point.

The y=mx+b equation becomes: y=(-5/4)x+6.

Now, we subtract (-5/4)x on both sides to get (5/4)x+y=6

Multiply 4 on both sides because standard form requires no fractions or decimals.

The final answer is 5x+4y=24.

That's your answer, fully simplified!

What should the m<3 be for —- ?

Answers

9514 1404 393

Answer:

  m∠3 = 63°

Step-by-step explanation:

Where a transversal crosses parallel lines, all of the obtuse angles are congruent, and all of the acute angles are congruent. The obtuse and acute angles are supplementary.

Angle 1 is an obtuse angle; angle 3 is an acute angle.

  angle 3 = 180° - angle 1 = 180° -117° = 63°

The measure of angle 3 is 63°.

_____

Additional comment

There are a number of applicable theorems describing the different angle relationships. Taken together, they are summarized by the first statement above. For example, we could declare angles 1 and 4 to be "corresponding" (hence, congruent), and angles 4 and 3 to be a "linear pair", hence supplementary. The net result is that angle 1 is supplementary to angle 3, as we said above.

We could also get there via relations between alternate exterior angles, alternate interior angles, consecutive exterior or interior angles, and other ways. While that terminology is useful to understand in some problems, it is largely irrelevant here.

(») Evaluate the expression.
* * (4 + 8)

Answers

Answer:

6

Step-by-step explanation:

work out the brackets first....4+8=12

the multiply 1/2 by 12

1/2 x 12 = 6

Can I have help I am stuck on this problem It would mean the world if u helped me and tysm!! =-)

Answers

Answer:

Daniel traveled further by 2.73 miles

Step-by-step explanation:

To find the total distance traveled simply multiply average speed times time

For Wendy

She traveled for 3.9 hours at a speed of 68.3 mph

So total distance traveled = 3.9 * 68.3 = 266.37 miles

For Daniel

He traveled for 4.5 hours at a speed of 59.8 mph

So total distance traveled = 4.5 * 59.8 = 269.1 miles

As you can see Wendy traveled 266.37 miles and Daniel traveled 269.1 miles

Daniel traveled further

To find how much further we simply subtract distance Daniel traveled (269.1) from distance Wendy traveled (266.37)

269.1 - 266.37 = 2.73

So Daniel traveled further by 2.73 miles

4. Solve the following system of equations for x.
2x + 3y = -14
y = 6x + 22
A. X = -2
B. X = 2
C. X = -4
D. X = 4

Answers

We are given the system of equations -:

[tex] \large{ \begin{cases} 2x + 3y = - 14 \\ y = 6x + 22 \end{cases}}[/tex]

Since the second equation is y-isolated equation. It can be substituted as y = 6x+22 in the first equation.

[tex] \large{2x + 3(6x + 22) = - 14}[/tex]

Expand 3 in the expression so we can combine like terms and isolate x-variable.

[tex] \large{2x + 18x + 66 = - 14}[/tex]

Then combine like terms.

[tex] \large{20x + 66 = - 14}[/tex]

Get rid of 66 from the left side by subtracting both sides by itself.

[tex] \large{20x + 66 - 66 = - 14 - 66} \\ \large{20x = - 80}[/tex]

To finally isolate the variable, divide both sides by 20 so we can leave x only on the left side.

[tex] \large{ \frac{20x}{20} = \frac{ - 80}{20} }[/tex]

Simplify to the simplest form.

[tex] \large{x = - 4}[/tex]

Normally, we have to find the y-value too but since we only find x-value. The answer is x = -4.

Answer

x = -4

I hope this helps! If you have any questions or doubts regarding my answer, explanation or system of equations, feel free to ask!

Answer:

A. x = -2

C. x = -4

Step-by-step explanation:

y = 6x + 22

2x + 3•(6x+22) = -14

20x = - 80

x = -4

y = 6x+22

y = 6(-4)+22 = -2

what is the slope of this graph?? :,)

Answers

Answer:

1/2

Step-by-step explanation:

This line is going up towards the right- that makes it positive. It is increasing. So it can't be negative or going "down"

The question wants to see if you know the direction of the line.

look at attachment below

Answers

I think it’s 8/55=4/x
So it’s 8x=4(55)
8x=220
x=220/8
x=27.5

simplify 4x-x squared ÷2x-x squared​

Answers

Answer:

[tex] \frac{4x - x}{2x - x} \\ = \frac{x(4 - 1)}{x(2 - 1)} \\ = \frac{3}{1} \\ = 3[/tex]

Answer:

[tex]\frac{7x}{3} \\[/tex]-[tex]x^{2}[/tex]

Step-by-step explanation:

What is 6 divided by 3/8

Answers

Answer:

16 (sixteen) is 6 divided by 3/8.

Tìm căn bậc hai của số phức z=1+i√3

Answers

Write z in polar form:

z = 1 + √3 i = 2 exp(i π/3)

Taking the square root gives two possible complex numbers,

z = √2 exp(i (π/3 + 2)/2)

with k = 0 and k = 1, so that

z = √2 exp(i π/6) = √(3/2) + √(1/2) i

and

z = √2 exp(i 7π/6) = -√(3/2) - √(1/2) i

A father and his son decide to sum their ages. The sum is equal to sixty years. Six years ago, the age of the father was five times the age of his son. Six years the son's age will be?

I will mark as brainlist plzzzzz

Solve the question I know the answer but i cannot solve it..

I can tell you that ans is 16.8 years but solve...

Answers

Answer:

20

Step-by-step explanation:

Let father's age be x

let son's age be y

x + y = 60 - (eq 1)

Six years ago,

(x - 6) = 5(y - 6) -(eq 2)

From (1)

x = 60-y

Therefore, 60-y - 6= 5y - 30

y = 14

in six years, y = 20

Which is correct?????????????

Answers

Answer:

It discusses the role of the God in influencing our decisions

Answer:

I believe it is choice D

Step-by-step explanation:

in the excerpt it talks about how sight gives us the ability to observe and experience. it also states "we prefer sight to almost everything else." hope I'm right! ☺️

Find the value for the side marked below.
Round your answer to the nearest tenth.
13
23°
у
у
[?]
Enter

Answers

Answer:

y = 30.96

Step-by-step explanation:

take 23 degree as reference angle

using tan rule

tan 23 = opposite / adjacent

0.42 = 13/y

y = 13/0.42

y = 30.96

If the diameter of the Ferris wheel is 70 feet across, find the total distance traveled in one revolution.

Answers

Answer: Assuming pi is rounded off to 3.14, it is 219.8 feet; if not it is 70π feet

Circumference=one revoloution

Circumference=Diameter times pi

C=Dπ

C=3.14*70

=219.8

219.8 feet

7a - 2b = 5a + b

a = 2b
a = 3b
a = a equals StartFraction 3 Over 2 EndFraction b.b
a = a equals StartFraction 2 Over 3 EndFraction b.b

Answers

Answer:

iii) a=3b/2

Step-by-step explanation:

7a-2b= 5a+b

7a-5a=2b+b

2a=3b

a=3b/2

I hope this helps!

For how many minutes did Lynn run at a greater speed
than Kael?
0 12
O 17
O 23
O 28

Answers

12-40=28 so the answer to this is D

Answer:

D. ✔ 28

Step-by-step explanation:

E 2021

Listed below are the top 10 salaries (in millions of dollars) of television personalities in a recent year.
38 36 35 27 15 13 12 10 9.6 8.4
Use the sample data to construct a 95% confidence interval for the population mean and correctly interpret your answer.

Answers

Answer:

The correct answer is "(11.69, 29.11)".

Step-by-step explanation:

Given:

[tex]38 \ 36\ 35\ 27\ 15\ 13\ 12\ 10\ 9.6\ 8.4[/tex]

[tex]n=10[/tex]

As per the question,

Mean,

[tex]\bar x=20.40[/tex]

Standard deviation,

[tex]s=12.17[/tex]

or,

[tex]df=10-1[/tex]

    [tex]=9[/tex]

For 95% confidence interval,

[tex]t^*=2.262[/tex]

hence,

The 95% confidence interval will be:

= [tex]\bar x \pm \ t^*\times \frac{s}{\sqrt{10} }[/tex]

By substituting the values, we get

= [tex]20.40 \pm 2.262\times \frac{12.17}{\sqrt{10} }[/tex]

= [tex](11.69, 29.11)[/tex]

PLEASE HELP!! I WILL GIVE BRAINLIEST AND POINTS!!
The safety inspector notes that Ray also needs to plan for a vertical ladder through the center of the coaster's parabolic shape for access to the coaster to perform safety repairs. Find the vertex and the equation for the axis of symmetry of the parabola, showing your work, so Ray can include it in his coaster plan.
f(x) = -x2 - 6x

Answers

Answer:

Rewrite in vertex form and use this form to find the vertex

Rewrite in vertex form and use this form to find the vertex

(h,k).(−3,9)

Step-by-step explanation:

For which value of m does the graph of y = 18x2 + mx + 2 have exactly one x-intercept?

Answers

Answer:

m = +/- 12

Step-by-step explanation:

A quadratic function has only one x-intercept when the discriminant is equal to 0. The discriminant is b^2 - 4(a)(c).

When we plug in what we know, we have:

m^2 - 4(18)(2) = 0.

Then using algebraic properties, solve for m.

m^2 - 144 = 0

m^2 = 144

m = +/- 12

When you plug in positive or negative 12, and then factor you will see that it comes out to a difference of squares, proving that there is only one x-intercept.

Answer: C

Step-by-step explanation:

EDGE 2023

A communications company has developed three new designs for a cell phone. To evaluate consumer response, a sample of n = 120 college students is selected and each student is given all three phones to use for one week. At the end of the week, the students must identify which of the three designs they prefer. The distribution of preference is as follows:

Design 1 Design 2 Design 3
54 38 28

Required:
Do the results indicate any significant preferences among the three designs?

Answers

Answer:

There is significant preference among the 3 designs

Step-by-step explanation:

Given :

Design 1 Design 2 Design 3

54 38 28

H0 : no significant preference among the 3 designs

H1 : The preference among the designs are different

To test, we use the Chisquare test for independence ;

χ² = (observed - Expected)² / Expected

The sample size, n = 120

Expected = 120 / number of designs = 120 / 3 = 40

(54-40)^2/ 40 + (38 - 40)² / 40 + (28 - 40)² / 40

= 4.9 + 0.1 + 3.6

= 8.6

The Chisquare critical value at 95% = 5.99

Since ;

|χ² critical| < χ² statistic ; we reject the null and conclude that there is significant preference among the 3 designs

2) find an equation of the line theough the given
points. Give the final answer in slope-intercept form.
(2,-2) (-1,4)

Answers

Answer:

y = -2x + 2

Step-by-step explanation:

Given the following data;

Points on the x-axis (x1, x2) = (2, -1)

Points on the y-axis (y1, y2) = (-2, 4)

To find the equation of line in slope intercept form;

First of all, we would determine the slope of the line.

Mathematically, slope is given by the formula;

[tex] Slope = \frac{Change \; in \; y \; axis}{Change \; in \; x \; axis} [/tex]

[tex] Slope, m = \frac {y_{2} - y_{1}}{x_{2} - x_{1}} [/tex]

Substituting into the equation, we have;

[tex] Slope, m = \frac {4 - (-2)}{-1 -2} [/tex]

[tex] Slope, m = \frac {4 + 2}{-1 -2} [/tex]

[tex] Slope, m = \frac {6}{-3} [/tex]

Slope, m = -2

Next, we would use the following formula to find the equation of the line;

y - y1 = m(x - x1)

Substituting into the formula, we have;

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

y + 2 = -2x + 4

y = -2x + 4 - 2

y = -2x + 2 = mx + c

Graph the Image of square KLMN after a translation 3 units left .​

Answers

Answer:

N' (-8,9) K' (-8,3) L' (-2,3) M' (-2,9)

Step-by-step explanation:

To translate the square 3 units to the left you would subtract 3 from the x-coordinates of the points shown.

The coordinates of the translated square KLMN is given by K' (-8,3) L' (-2,3) M' (-2,9) N' (-8,9)

What is Translation?

A translation moves a shape up, down, or from side to side, but it has no effect on its appearance. A transformation is an example of translation. A transformation is a method of changing a shape's size or position. Every point in the shape is translated in the same direction by the same amount.

Given data ,

Let the square be represented as KLMN

Now , the coordinates of the square KLMN is

K ( -5 , 3 ) L ( 1 , 3 ) M' ( 1 , 9 ) N' ( -5 , 9 )

Now , let the translated square be represented as K'L'M'N'

When translating the square to three units to the left , the x coordinate of the square gets reduced by 3

So , the new coordinate of the square will be ( x - 3 , y )

Substituting the values in the equation , we get

K' = K ( -5 - 3 , 3 )

L' = L ( 1 - 3 , 3 )

M' = M ( 1 - 3 , 9 )

N' = N ( -5 - 3 , 9 )

So , on simplifying the equation , we get

The translated square is K' (-8,3) L' (-2,3) M' (-2,9) N' (-8,9)

Hence , the translated square is K' ( -8,3 ) L' ( -2,3 ) M' ( -2,9 ) N' ( -8,9 )

To learn more about translation click :

https://brainly.com/question/19007400

#SPJ2

What is the median of the following set of numbers?
1 5
12 1 121
1
121
13
O A. 27
ОВ.
COIN
OC. .
12
OD.

Answers

1 5

12 1 121

1

121

13

O A. 27

ОВ.

COIN

OC. .

12

OD. ????????????????

Median of the given data is 8.5.

What is median?

In statistics, the median is the middle value of the given list of data in order. Data or observations can be sorted in ascending or descending order.

Given data,

1 , 5, 12, 1, 121, 1, 121, 13

Arranging in ascending order

1, 1, 1, 5, 12, 13, 121, 121

Number of elements N = 8

When number of elements is odd

Median = (N/2 th term + (N/2)+1 th term)/2

Median = (8/2 th term + (8/2)+1 th term)/2

Median = (4th term + 5th term)/2

Median = (5+12)/2

Median = 17/2

Median = 8.5

Hence, 8.5 is the median of the given data.

Learn more about median here:

https://brainly.com/question/28060453

#SPJ7

Need help ASAP!! Giving brainliest!

Answers

A is the correct answer

What are the solutions to this equation?
-7 + (x2 – 19) = 20
-10
5.6
There are no solutions.
10
-5.6

Answers

I think the answer is: -10 and 10

PLEASE HELPPPPP ASAP
A function is shown in the table.

x g(x)
−3 17
−1 −3
0 −4
2 13

Which of the following is a true statement for this function?

The function is increasing from x = −3 to x = −1.
The function is increasing from x = −1 to x = 0.
The function is decreasing from x = 0 to x = 2.
The function is decreasing from x = −3 to x = −1.

Answers

Answer:

it's the last one, the function is decreasing from x=-3 to x=-1

How many different license plates are possible if digits and letter can be repeated if the configuration is 3 letters, 2 digits, 2 letters?

Answers

Answer:

1,188,137,600 possible combinations

Step-by-step explanation:

The first three and last two digits can be any letter while the middle two digits can be any number.

26*26*26*10*10*26*26=1,188,137,600

4.27cm rounded to the nearest cm

Answers

4.27 meters = 427 centimeters
Formula: multiply the value in meters by the conversion factor '100'.
So, 4.27 meters = 4.27 × 100 = 427 centimeters.

Hi there!  

»»————- ★ ————-««

I believe your answer is:  

[tex]4.27\text{cm} \approx\boxed{4\text{cm}}[/tex]

»»————- ★ ————-««  

Here’s why:  

We would locate the whole number and look at the number to the right. In this case, we would look at the '2' in the tenths place.Since it is less than or equal to 4, we would round down.

⸻⸻⸻⸻

Recall the Rounding Rules:

If the digit to the right is less than or equal to 4, we round down.If the digit is greater than or equal to 5, we round up.

⸻⸻⸻⸻

[tex]\underline{4.27cm}\\\\\rightarrow2\leq 4\\\\\boxed{4.27cm \approx 4cm}[/tex]

⸻⸻⸻⸻

»»————- ★ ————-««  

Hope this helps you. I apologize if it’s incorrect.  

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