Big Ed’s car dealership is running a special on 2008 trucks. Big Ed offers financing at a rate of 6. 71% on a loan with a term of 36 months, but he requires the customer to make a down payment of 15% of the cost of the vehicle. You are interested in a Car Crusher truck that costs $25,230. Not including the down payment, how much will you pay over the lifetime of the loan? a. $27,924. 84 c. $23,735. 88 b. $25,789. 32 d. $21,445. 50.

Answers

Answer 1

Answer:

Correct answer: a.

Computation:

{eq}\begin{align*} {\rm\text{Present}}\;{\rm\text{value}}\;{\rm\text{of}}\;{\rm\text{an}}\;{\rm{annuity}}\;

Step-by-step explanation:

Financing:

Financing is generally the method to provide funds to the business so that the business can grow its operations. There are generally two types of financing. These are: Equity financing and debt financing. In debt financing, there is no obligation and burden to repay the funds acquired by it. Debt Financing is comparatively Cheaper than the Equity Financing.So The Answer Is A

Answer 2

The amount that you pay over the lifetime of the loan is $21,445.5. Then the correct option is D.

What is the percentage?

The amount of something is expressed as if it is a part of the total which is a hundred. The ratio can be expressed as a fraction of 100. The word percent means per 100. It is represented by the symbol ‘%’.

Big Ed’s car dealership is running a special on 2008 trucks.

Big Ed offers financing at a rate of 6.71% on a loan with a term of 36 months, but he requires the customer to make a down payment of 15% of the cost of the vehicle.

You are interested in a Car Crusher truck that costs $25,230.

Not including the down payment, the amount that you pay over the lifetime of the loan will be

⇒ (1 - 0.15) × $25,230

⇒ 0.85 × $25,230

⇒ $21,445.5

More about the percentage link is given below.

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Related Questions

Matt walked 1 mile in 15 minutes. At this rate, how many miles would he walk in 2 hours?

Answers

Answer:

8 miles

Step-by-step explanation:

In an hour there is 60 minutes. 15 minutes x 4 = 60 minutes

So multiply 1 mile for 4 to get 4 miles

Matt would walk 4 miles in 1 hour

Mutiply 4 by 2 to get the distance Matt would walk in 2 hours which would be 8 miles.

Answer:

Matt would walk 8 miles in to hours.

Step-by-step explanation:

15 minutes is 1/4 of an hour, meaning it would be 1/8 of 2 hours.

1 mile times 8 = 8 miles

Hope that helps!

A cyclist managed to ride 5 miles against the wind in the same time that it took him to ride 10 miles with the wind. If the wind speed is 4 mph, which equation can be used to calculate the cyclist's average rate of speed in miles per hour

Answers

Given that the cyclist rides distances of 5 miles and 10 miles due to the wind, the equation that can be used to calculate the speed is therefore;

[tex]\frac{10}{v + 4} = \frac{5}{v - 4} [/tex]

How can the correct equation be found?

The distance the cyclist rides against the wind = 5 miles

The distance the cyclist rides with the wind = 10 miLes

Let t represent the time it took the cyclist in both directions, we have;

[tex]t = \frac{10}{v + 4} = \frac{5}{v - 4} [/tex]

Where;

v = The cyclist's average rate of speed

Which gives;

10 × (v - 4) = 5 × (v - 4)

10v - 40 = 5v - 20

5v = 20

v = 20 ÷ 5 = 5

The equation that can be used to calculate the cyclist's average rate of speed is therefore;

[tex]t = \frac{10}{v + 4} = \frac{5}{v - 4} [/tex]

Learn more about average speed here:

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Exactly 150 years​ ago, students planted a tree in front of their school. Since​ then, the tree has grown 21 meters taller and the distance around the trunk has increased by 3 meters. Use pencil and paper. Describe how you can use this information to find at least two different unit rates. Then find these unit rates.

Answers

Answer: There are 2 different unit rates here:

The increase of the tree's height per year

The increase of the tree's trunk per year

Rate of tree's height per year

= 33m / 150 years = 0.22m per year.

Rate of tree's trunk per year

= 3m / 150 years = 0.02m per year.

Please help me it’s due today.

Answers

Step-by-step explanation:

i) linear

ii)2

iii) 1

iv) 1

v) -1/5

First one can u type the options in the comment

Using technology, determine the quarterly payment on a 4 year loan of $16,231 at 5.1% compounded quarterly. round your answer to the nearest cent. a. $1,125.69 c. $1,518.85 b. $1,127.86 d. $1,508.31

Answers

The quarterly payment will be $1,127.86

What is compound interest?

Compound interest is the interest on a loan or deposit that  levied on both the first principal and the collected interest from past periods.

The amortization formula is ...

[tex]A=\dfrac{P\timesr}{(1-(1+r)^{-n}}[/tex]

where A is the payment amount, P is the principal amount, r is the interest rate per period, and n is the number of periods.

Here, we have

P=$16,231, r=0.051/4=0.01275, n=4·4=16.

So, the payment is ...

[tex]A=\dfrac{16231\times 0.01275}{1-(1.01275)^{-16}}[/tex]  

[tex]A=$1127.86[/tex]

Hence the quarterly payment amount is $1,127.86.

To know more about Compound interest, follow

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In how many years will $1,000 yield an interest of
$6000 at 60% simple interest?

Answers

Answer:

  10 years

Step-by-step explanation:

The simple interest formula tells you the relationship between interest, principal, interest rate, and time. When the given values are put into the formula, it can be solved for the unknown time.

__

  I = Prt . . . interest earned on principal P at rate r for t years

  6000 = 1000·0.60·t . . . . use the given values for I, P, r

  6000/600 = t = 10 . . . . divide by the coefficient of t

$1000 will yield an interest of $6000 in 10 years.

The zeros of a polynomial are −1/2 and 3/7. Find the polynomial.

___x²+x− ___

Answers

Answer:

[tex]y=14x^2+x-3[/tex]

Step-by-step explanation:

If the zeros of the polynomial are -1/2 and 3/7 then:

[tex]\implies x=-\dfrac12[/tex]

Add 1/2 to both sides:

[tex]\implies x+\dfrac12=0[/tex]

Multiply both sides by 2:

[tex]\implies 2x+1=0[/tex]

[tex]\implies x=\dfrac37[/tex]

Subtract 3/7 from both sides:

[tex]\implies x-\dfrac37=0[/tex]

Multiply both sides by 7:

[tex]\implies 7x-3=0[/tex]

Therefore, the factored form of the polynomial is [tex]y=(2x+1)(7x-3)[/tex]

Expanding the brackets so that the polynomial is in standard form:

[tex]\implies y=14x^2-6x+7x-3[/tex]

[tex]\implies y=14x^2+x-3[/tex]

A cube has an edge length of 12 meters. What is its volume, in cubic meters?

Answers

V=1728m3
Explanation: V=a3=123=1728m3

Can an isosceles triangle be a right triangle? Why or why not?

Answers

Answer: Yes

Step-by-step explanation:

It can have angles of 90 degrees, 45 degrees, and 45 degrees.

Yes, a triangle in which at least two sides are equal. Since the two legs of the triangle are equal, which makes the corresponding angles are equal to each other.

What is the isosceles triangle?

The Isosceles Right Triangle has one of the angles exactly 90 degrees and two sides, which are equal to each other.

Since the two sides are equal it makes the corresponding angle congruent.

An Isosceles triangle is a triangle in which at least two sides are equal. Since the two legs of the triangle are equal, which makes the corresponding angles are equal to each other.

Hence, Yes, a triangle in which at least two sides are equal. Since the two legs of the triangle are equal, which makes the corresponding angles are equal to each other.

Read more on isosceles triangle;

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#SPJ4

Please Help! Will Give Brainlest!

Answers

Answer:

y = 0

Step-by-step explanation:

Midline = the horizontal center line

last year there were c pies baked for the bake sale this year there were 229 pies baked using c write an expression for the total number of pies baked in the two years

Answers

Answer: c+229

Explanation: c represents and unknown variable and since you are just trying to find the sum of the two years, you simply need to add the two together.

what is the common denmoniator of 3/4 2/3

Answers

Answer:

9/8

Step-by-step explanation:

3/4 2/3

LCM=12

9/8

Am not sure

Please help i am confused

Answers

Answer: (1)

Step-by-step explanation:

The parts listed in the congruence statement aren't corresponding, meaning they don't have to be congruent.

Miko and Raj get the same salary. Every month Miko saves
9/11 of her salary while Raj saves
7/9 of his salary. Every year Miko saves $1584 more than Raj. Find the monthly salary of Miko.

Answers

Answer:

Step-by-step explanation:

The salaries are the same. Only the fraction of how much is saved is quite different.

Equation

x ( 9/11 - 7/9) = 1584

Explanation: The salary amount is x. The fractional amounts saved are also given. You have to take the difference because one of the people saves more than the other.

The amount that is more is 1584.

Solution

9/11 = 0.8182

7/9 = 0.7778

9/11 - 7/9 = 0.8182 - 0.7778 = 0.0404

Put that into the equation.

x(0.0404) = 1584                     Divide by 0.0404)

x(0.0404) = 1584/0.0404        

answer:x = 39204

The point (-5, 6) is on a circle with a center (-1, 3).
Find the radius of the circle.
Write the standard equation of the circle.
Graph the circle.

Answers

Step-by-step explanation:

The distance from the radius to a point on the circle is equal to the radius. After using the distance formula, we get that the radius is 5.

Using the fact that the circle with center (h,k) and radius r is (x-h)^2 + (y-k)^2 = r^2, we get that the equation is:

(x+5)^2 + (y-6)^2 = 25

When you do this please show the work

Answers

Answer:

2) [tex]\displaystyle -9a^3b^5[/tex]

1) [tex]\displaystyle \frac{x^8}{3}[/tex]

Step-by-step explanation:

2) [tex]\displaystyle \frac{(27a^3b^3)(-2ab^4)}{6ab^2} \Rightarrow \frac{(3ab)^3(-2ab^4)}{6ab^2} \\ \\ \boxed{-9a^3b^5} \rightarrow \frac{-54a^4b^7}{6ab^2}[/tex]

1) [tex]\displaystyle \frac{16x^{10}y^2}{48x^2y^2} \Rightarrow \frac{(-4x^5y)^2}{48x^2y^2} \\ \\ \boxed{\frac{x^8}{3}}[/tex]

The Quotient-to-Power Rule states that whenever you are dividng like-terms, you keep the coefficients and deduct the exponents.

I am joyous to assist you at any time.

The speed of a wave in the ocean in meters per second can be determined using the function f(x) = 3.13[tex]\sqrt{x}[/tex] ,
where x represents the depth in meters of the water under the wave.
a. Graph the function.
b. Identify the domain and range.
c. How fast are the waves in the figure moving over the water?

Answers

Answer:

See below ↓

Step-by-step explanation:

a. In the attachmentb. Domain : x ≥ 0, Range : y ≥ 0c. f(x) = 3.13√10 = 9.89 m/s

a. Graph shown Below.

b.

domain is in x-axisrange is in y-axis

domain : x ≥ 0

range : f(x) ≥ 0

c.

rate of waves:

[tex]\sf f(x) = 3.13\sqrt{x}[/tex]

the wave is 10 m above the sea

[tex]\sf f(x) = 3.13\sqrt{10}[/tex]

[tex]\sf f(x) = 9.9 \ m/s[/tex]

What information is included in this loan agreement that would NOT be included if Ron had gotten a loan from a bank or credit union?

Answers

Ron Is broke I think

HELP ME QUICK PLSSSSSSSS I NEED HELP

Answers

Answer:

1.b

2.c

3.a

4.a

5.d

Step-by-step explanation:

yan na po sana maka tolong

There are 3 yellow marbles and 4 silver marbles in a bag. You randomly choose one of the marbles. What is the probability of choosing a yellow marble ? Write your answer as a fraction in the simplest form

Answers

Answer:

3/7

Step-by-step explanation:

Because there are three yellow marbles and 7 marbles in all

Felix’s Feed Mill sells chicken feed for $8. 00 per bag. This price is no longer high enough to create a profit. Felix decides to raise the price. He is considering four different plans. Plan A: Raise the price by $0. 10 each week until the price reaches $12. 0. Plan B: Raise the price by 10 percent each week until the price reaches $12. 0. Plan C: Raise the price by the same amount each week for 8 weeks, so that in the eighth week the price is $12. 0. Plan D: Raise the price by $0. 25 each week until the price reaches $12. 0. Which plan will result in the price of the feed reaching $12. 00 fastest? plan A plan B plan C plan D.

Answers

The plan will result in the price of the feed reaching $12.00 fastest is Plan B because it reaches within 5 weeks.

What is decision-making?

The process of making choice is by identifying the correct decision, gathering information, and assessing alternative solutions.

Felix’s Feed Mill sells chicken feed for $8. 00 per bag.

This price is no longer high enough to create a profit.

Felix decides to raise the price. He is considering four different plans.

The plan will result in the price of the feed reaching $12.00 fastest will be

Plan A: Raise the price by $0. 10 each week until the price reaches $12. 0.

⇒ $0.10 × 20 = $2

This plan will take 20 weeks to reach at a price of $12.

Plan B: Raise the price by 10 percent each week until the price reaches $12.0. The price of this plan will be in t weeks is

[tex]12 = 8 *1.1^t\\\\t = 4.25 \approx 5[/tex]

This plan will take less than 5 weeks.

Plan C: Raise the price by the same amount each week for 8 weeks, so that in the eighth week the price is $12.0. The amount will be

Amount = 2/8 = $0.25

Plan D: Raise the price by $0.25 each week until the price reaches $12. 0.

⇒ 0.25 × 8 = $2

This will take 8 weeks.

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Diego invested $6,100 in a 9-month certificate of deposit paying 1.8% interest. How much interest did he earn form this investment?

Answers

Answer:

0.018

Step-by-step explanation

6,100,9a-mo,0.018

If X and Y are 2 finite sets such that n() = 9, n( XY) - 4 and n( XY) -15, then n() is
(A) 5
(B) 6
(C) 10
(D) 12​

Answers

Answer:

I think it's a hope this helps

if the sum of two consecutive even number is 22 , find the number​

Answers

Let the two consecutive even numbers be x and x+2
According to the question,
x+x+2=22
or,2x+2=22
or,2x=22-2
or,2x=20
or,x=20/2
therefore x=10
now x+2 = 10 + 2 = 12
Therefore the numbers are 10 and 12

19. Which of the following statements about the number line is true?
A. Numbers get smaller as you move to the left on the number line.
B. Number lines can't help you compare numerals.
O C. Numbers get larger as you move to the left on the number line.
D. Number lines end with the number 10.

Answers

Answer:

  A. Numbers get smaller as you move to the left on the number line.

Step-by-step explanation:

A number line is typically drawn so that smaller, more negative numbers are on the left, and larger, more positive numbers are on the right.

__

  Numbers get smaller as you move to the left on the number line.

_____

Additional comment

Number lines can be drawn with any scale and range, depending on what they are intended to represent. For representation of small integers, it is not uncommon for a number line to range from -10 to +10. However, that is not the only possible range that might be used.

Any number line can be used to show number order (least to greatest ≡ left to right). A number line with a linear scale can also be used to show relative differences between numbers: a greater distance on the number line corresponds to a greater difference between numbers.

Expand the binomial (3x^2+2y^3)^4

Answers

Answer:

Hope it helps!!!brainliest pls!!!

What is the difference of the solutions to (y-3)(y+3/2)=0?

I got stuck on the last part. Can someone answer this step by step please? And what is 3-3/2?

Answers

Answer:

(y-3)(y + 3/2) = 0

y = 3 or y = -3/2

the diff

3 - ( - 3/2 )

3 + 3/2

6/2 + 3/2

9/2 or 4.5

Which graph shows the line of best fit for the data ?

Answers

The top right one is best fit

On a coordinate plane ,the segment with endpoints (10,40) and (70,120) is dilated by a factor of 4/5,with the origin as the center of dilation. What is the length of the resulting segment ?

A-80

B-100

C-112

D-125

Answers

The length of the dilated line segment is 80 units.

What is dilation?

Dilation is the increase or decrease in the size of a figure or object.

The segment with endpoints (10,40) and (70,120) is dilated by a factor of 4/5 to get (8, 32) and (56, 96).

The distance between points (8, 32) and (56, 96) is:

[tex]Distance = \sqrt{(96-32)^2+(56-8)^2} =80\ units[/tex]

The length of the dilated line segment is 80 units.

Find out more on dilation at: https://brainly.com/question/10253650

Haley pays a monthly fee of $20 for her cell phone and then pays 5 cents per minute used. The total cost of Haley’s monthly cell phone bill can be expressed by the function C(m) = 0. 05m 20, where m is the number of minutes used. What are the domain and range of the function C(m)?.

Answers

The domain of the function C(m) = 0.05m + 20 is (0, ∞) and the range of the function C(m) = 0.05m + 20 is (20, ∞).

What is the linear system?

A Linear system is a system in which the degree of the variable in the equation is one. It may contain one, two, or more than two variables.

Haley pays a monthly fee of $20 for her cell phone and then pays 5 cents per minute used. The total cost of Haley’s monthly cell phone bill can be expressed by the function

[tex]\rm C(m) = 0.05\ m + 20[/tex]

The domain of the function is from zero to infinity because time can never be negative.

Then the range of the function will be

At m = 0, the value of C(m) will be

C(m) = 0.05(0) + 20

C(m) = 20

At m = ∞, the value of C(m) will be

C(m) = 0.05(∞) + 20

C(m) = ∞

Thus, the domain of the function is (0, ∞) and the range of the function is (20, ∞).

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