To buy a car, you borrow $25,000 with a term of three years at an APR of 6.5%. What is your monthly
payment? Show all work

Answers

Answer 1

Answer:

  $766.23

Step-by-step explanation:

The amortization formula is appropriate for this. (Better, use a financial calculator or spreadsheet.)

  A = P(r/12)/(1 -(1 +r/12)^-(12t))

where P is the amount borrowed (25,000), r is the annual rate (0.065), and t is the number of years (3).

Putting the given numbers into the formula, we have ...

  A = $25,000(0.065/12)/(1 -(1 +0.065/12)^(-36))

  A = $25,000(.00541667)/(1 -1.00541667^-36)

  A = $25,000(0.00541667)/(0.1767322)

  A = $766.23

The monthly payment is $766.23.

_____

Comment on tools

A graphing or scientific calculator is useful for these. Something like a TI-84, or any of the equivalents, will have financial calculations like this built in. There are also numerous apps available for phone or tablet that will do financial calculations.


Related Questions

Solve for h in the literal equationg g ( h +3/2)=7

Answers

Answer: 40/2=3

Step-by-step explanation:

Answer : 40 / 2 = 3

Explanation..

MARKING BRAINLY PLEASE JUST HELPPP


Planet Earth has a mass of 5.9726 × 10 24 kilograms. And although 70% of the Earth's surface is made of water, the water's mass is only 5 × 10 -4 percent of the Earth's total mass. Use scientific notation to estimate the mass of the planet's water. In your final answer, include all of your estimates and calculations.

Answers

Answer:

i don't it is correct or not........

Step-by-step explanation:

The Mass of Earth = 5.9742 × 1024 kilograms == == The Earth is (As of May 2000) is thought to be approximately 5.972 sextillion (5,972,000,000,000,000,000,000) metric tons.

A metric ton is a thousand kilograms, or 2,204.62 pounds.

Approximately 6,000,000,000,000,000,000,000,000 (6x1024) kilograms.

Answer:

Mass on water on earth is 29.5×10^20 kg approximately.

Step-by-step explanation:

Mass of earth= 5.9726 × 10^ 24 kg

water's mass is only 5 × 10 -4 percent of the Earth's total mass.

so mass of water = 5.9726×10^24 kg×5×10^-4=29.8603×10^20kg approximately

X is less than 7 and greater than -7

Answers

Answer:

False

Step-by-step explanation:

& is greater that 7 because you are going back to the nmber like in the negatives

WILL GIVE BRAINLIST SO PLZ HELP

At midnight, the temperature was . At noon, the temperature was . Which expression represents the increase in temperature?

A. - 8 - 23
B. | - 8 | - 23
C. - 8 - | 23 |
D. | - 8 - 23 |

Answers

Hello!

D Would be your answer! Because At Midnight, the temperature was -8*f. At noon, 23*F, so

|-8-23| |-3||= 31  There you go! May I have Brainliest?

Simplify (3a3 – 7a2 + a) – (6a3 – 4a2 – 8).
a. -3a6 – 3a4 + a +8 b. -3a6 – 11a4 +a -8
c. -3a3 – 11a+a -8 d. -3a3 – 3a² + a +8

Answers

Answer:

d. -3a3 – 3a² + a +8

Step-by-step explanation:

Simplify the expression.

The steps below show the work of a student used to calculate the number of yards in 804.5 meters.

(1 mile = 1,609 meters)
(1 mile = 1,760 yards)

Step 1: 1,609 meters is being multiplied by conversion factor 1 mile over 804.5 meters equals 2 miles

Step 2: 2 miles is being multiplied by conversion factor 1760 yards over 1 mile equals 3,520 yards

Step 3: 3,520 yards
(1 mile = 1,609 meters)
(1 mile = 1,760 yards)

How can the error in the student's work be corrected? NEEDS SUBMITTING TODAY PLZ HELP ASAP

Answers

Answer:

see below

Step-by-step explanation:

804.5 meters. to yards

Step 1:

(1 mile = 1,609 meters)

(1 mile = 1,760 yards)

1,609 meters is being multiplied by conversion factor 1 mile over 804.5 meters equals 2 miles

 1,609 meter    x        1 mile         =   2 miles

                               804.5 meters                                        

Step 2:

(1 mile = 1,609 meters)

(1 mile = 1,760 yards)

2 miles is being multiplied by conversion factor 1760 yards over 1 mile equals 3,520 yards

2 miles   x  1,760 yards   =   3,520 yards

                        1 mile

no need of step 3.  the conversion  below should be on step 2.

to convert miles into yards.

(1 mile = 1,609 meters)

(1 mile = 1,760 yards)  

Answer:

how do ppl do this lol...

Step-by-step explanation:

deandre finished a race in 6 minutes. how many seconds is this?

Answers

Answer:

360 seconds. 60 seconds in a minute multiplied by 6

Step-by-step explanation:

Solve for x
3= x/2
pls i need this ASAP

Answers

Answer:x = 1.5

Step-by-step explanation:

3 = x / 2

First get rid of / 2

3/2 = 1.5

:D

Answer:

3 = x/2 = 1.5

2x + 7 = 5x - 8 (x - 4)

Answers

Answer:

x=5

Step-by-step explanation:

2x + 7 = 5x - 8 (x - 4)

Distribute

2x+7 = 5x - 8x +32

Combine like terms

2x+7 = -3x+32

Add 3x to each side

2x+7+3x = -3x+32+3x

5x+7 = 32

Subtract 7 from each side

5x+7-7 = 32-7

5x = 25

Divide by 5

5x/5 = 25/5

x=5

If a town with a population of 5,000 doubles in size every 60 years, what will the population be 120 years from now?​

Answers

Answer:

The population in 120 years will be 15,000.

Step-by-step explanation:

5,000 --> Now

10,000 --> In 60 years

15,000 --> In 120 years

You're welcome!

Answer:

The towns population in 120 years would be 10,000

Step-by-step explanation:

120÷60=2

5,000 x 2 = 10,000

Which property of addition is shown in the equation below?Which property of addition is shown in the equation below? a + bi + 0 + 0i = a + bi commutative property inverse property identity property associative property

Answers

Answer:

C. Identity Property

Step-by-step explanation:

edge2020

Have a great day y'all :)

The equation [ a + bi + 0 + 0i = a + bi ] is identity property. Then option C is correct.

What is identity property?

For addition, 0 serves as the identification element. The initial number is obtained by adding any number to 0. Example ( a+0=a). 1 serves as the identity element in multiplication. The result of multiplying any number by 1 is the original number.

The expression is,

a+ bi + 0+0i = a+bi

In the above number a+bi, another zero complex number 0 + 0i is added the result is the same as before. Hence, it is identity property.

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f(x)=x^2+6x+8 in factored form

Answers

Answer:

Step-by-step explanation:

The quadratic factors into (x + 4)(x + 2) When you remove the brackets, you get

x^2

2x

4x

8

They are all added and the 2x and 4x combine to get 6x.

Answer:

F (x) = x^2 + 6x+8 = F = x + 6 + [tex]\frac{8}{x}[/tex]

Step-by-step explanation:

Move all the expressions to the left side of the equation.

F(x)−x2−6x−8=0

Multiply F by x.

Fx−x2−6x−8=0

Move all terms not containing F to the right side of the equation.

Fx=x2+6x+8

Divide each term by x and simplify.

F = x + 6 + [tex]\frac{8}{x}[/tex]

I hope this helps.

number of non perfect square numbers lie between the squares of 17 and 18 is​

Answers

This is the answer
I am sorry if the answer is wrong

4. What is an equation of the line that passes through the point (3.-1) and has a slope of 2? 1) y = 2x + 5 3) y = 2x - 4 2) y = 2x-1 4) y = 2x - 7​

Answers

Answer:

it's 4

Step-by-step explanation:

y - y1= m(x- x1)

y- (-1)= 2(x - 3)

y+ 1= 2x- 6

y= 2x - 7

1/2 x + 4 = 15
x = 22
x= 38
x = 5.5
x = -22

Answers

Answer:

x=22

Step-by-step explanation:

To find the x value, you need to use reverse PEMDAS (or GEMDAS as I've seen some people call it)

First, you subtract 4 from both sides of the equation. This should give you:

1/2x=11

Then, you divide 1/2 on each side. Although it's easier to multiply 2 on each side instead. This will give you.

x=22

The answer is x=22

Hope this helps

Plzzzzzzz help right answer gets brainly

Answers

Answer:

C:"As time dragged on, she sang to pass the hours."

Step-by-step explanation:

I believe the correct answer is c

Which of the following expressions are equivalent to -x/y

Answers

Answer:

-z/e

Step-by-step explanation:

-x/y = -z/e

Which of the following does NOT show an identity property? Group of answer choices
5 ÷ 1 = 5
2 + 1 = 3
4 × 1 = 4
3 − 0 = 3

Answers

the answer is 2 + 1 = 3

Answer:

2+1=3

Step-by-step explanation:

Which of the following quantities are inversely proportional?

The number of hours worked and the amount of money earned, assuming the worker is paid by the hour

Answers

Answer:

Not Inversely Proportional

Step-by-step explanation:

There are 16 squares and 4 circles. What is the simplest ratio of circles to squares?

Answers

Okay so
16:4 is your starting ratio. Start by finding your GCF, which for this set, is 4.
Divide both sides by 4.
This gives you 4:1 (4 squares to 1 circle)

Hope this helps!

the simplest ratio of the Squares to the circle is 4:1.

What is ratio?

The ratio can be defined as the number that can be used to represent one quantity as a percentage of another. Only when the two numbers in a ratio have the same unit can they be compared. Ratios are used to compare two objects.

Given, There are 16 squares and 4 circles.

Since there are 16 squares for 4 circles

The ratio of the Squares to the circle = 16/4

The ratio of the Squares to the circle = 4/1

Therefore, the simplest ratio of the Squares to the circle is 4:1.

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The graph of the reciprocal parent function f(x)=1/x, is shifted 6 units down and 1 unit to the right to create the graph of g(x). What function is g(x)?
A. g(x)=1/x+6-1
B. g(x)=1/x-1-6
C. g(x)=1/x-6-1
D. g(x)=1/x+1-6

Answers

Transformations are used to move a function from one position to another. The new function g(x) is [tex]g(x) = \frac{1}{x-1} - 6[/tex]

Given that

[tex]f(x) = \frac 1x[/tex]

When shifted 6 units down. the rule of transformation is:

[tex](x,f(x)) \to (x,f(x) - 6)[/tex]

So, we have:

[tex]f'(x) = f(x) - 6[/tex]

[tex]f'(x) = \frac 1x - 6[/tex]

When shifted 1 unit left. the rule of transformation is:

[tex](x,g(x)) \to (x -1,f'(x))[/tex]

So, we have:

[tex]g(x) = f'(x - 1)[/tex]

[tex]g(x) = \frac{1}{x-1} - 6[/tex]

Hence, the new function g(x) is [tex]g(x) = \frac{1}{x-1} - 6[/tex]

Read more about function transformation at:

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3. If (5,5) is the endpoint of a line with the midpoint at (0,0), where is the
other endpoint?

Answers

If (5,5) is the endpoint of a line and the midpoint is (0,0) then the other endpoint of the line is (-5,-5).

What is the image of (3, 6) when it is translated along the horizontal vector -2,0?

Answers

Answer:   (1,6)

The vector <-2,0> means we shift the input point two units to the left.

This is the same as writing the rule [tex](x,y) \to (x-2,y)[/tex]

Subtract 2 from the x coordinate. The y coordinate stays the same.

After the translation the point becomes P'(1, 6).

What is the difference between upward, downward, leftwards and rightwards translation?Upward translation : [k] units = When the upward translation take's place then, each point will have its y - coordinate shifted upwards by +k units.Downward translation : [k] units = When the downward translation will take place then, each point will have its y - coordinate shifted downwards by -k units.Leftward Translation : [k] units = When the leftward translation will take place then, each point will have its x - coordinate shifted by -k units to the left.Rightward Translation : [k] units = When the rightward translation will take place then, each point will have its x - coordinate shifted by +k units to the right

Given is a coordinate point (3, 6).

The horizontal vector is given by -

A = - 2i + 0j + 0k

A = - 2j

When the point is translated along the vector, then, we can write -

P(3, 6) → P'(3 - 2, 6) → P'(1, 6)

P'(1, 6)

Therefore, after the translation the point becomes P'(1, 6).

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Multiply.

338⋅413


718

1218

1438

1458

Answers

The value of the product calculated by multiplication is 139594 .

A product is the result of multiplication or an expression that lists the factors to be multiplied.

According to the commutative law of multiplication, the outcome is unaffected by whether real or complex numbers are multiplied in a particular order.Usually, the order of the factors determines the outcome of a multiplication of matrices or the constituents of other associative algebras.For instance, multiplication in general and in matrices are non-commutative operations in other algebras.The product of multiplication of two complex numbers can also be a complex number.When two integers are multiplied we always get an integer .

The given numbers are 338 and 413.

∴338 × 413 = 139594

Hence after multiplying the numbers we get 139594.

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Answer:

14 5/8

to help others know the answer make sure to correct copy and paste and put a slash forward were they are shown in the question on your quiz and can you give brainiest?

10 friends (6 boys and 4 girls) decided to go to the movies. They only have enough money to buy 7 tickets.
What is the probability that 5 boys and 2 girls get the movie tickets?

Answers

Answer:

0.3

Step-by-step explanation:

The number of ways to choose 5 boys from 6 is ₆C₅.

The number of ways to choose 2 girls from 4 is ₄C₂.

The number of ways to choose 7 people from 10 is ₁₀C₇.

P = ₆C₅ ₄C₂ / ₁₀C₇

P = 6 × 6 / 120

P = 0.3

Please HELP ASAP!! Fill in the blank:

If two angles of one triangle are equal in measure to two angles of another triangle then the remaining two angles _________

Answers

Answer:

are equal to each other by Triangle Sum Theorem.

Step-by-step explanation:

Answer:

are equal to each other.

Step-by-step explanation:

This happens because the inside angles of a triangle always add up to 180º no matter what type of triangle it is. So if two triangles have two equal measurements then the third will also be equal. This is according to the Triangle Sum Theorem.

What is the solution to the system of equations graphed below
Y=2x-7 y=-x-1

Answers

The value of the common solution to the system of equation is (2,-3).

What is System of Equation?

The system of equation is set of equations which have a common solution.

The figure shows the graph of two equations, these equations are a straight line function and the common solution is represented by a point in the image.

The solution of the system of equation can be obtained both by solving using substitution method and even by plotting the graph and finding the  intersection point.

The system of equation is,

y = 2x - 7

y = -x -1

The value of y from equation 2 will be substituted in equation 1

-x -1 = 2x -7

3x = 6

x = 2

Substituting this value in equation 2

y = -2 -1

y = -3

The value of (x,y) is (2,-3)

The graph is plotted and the intersection of the line is at (2,-3)

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Answer:

The answer is (2,-3)

Step-by-step explanation:

el perímetro de un cuadrado es de 24 ft ¿cuál es la longitud de los lados?

Answers

Answer:

English?

Step-by-step explanation:

helpp mee i’ll give you 20 points for it

Answers

Answer:   Part A: Noah eats 10/8's. Or 1 and 2/8's if you have to simplify.

Part B: Draw the circles and cut them into 8 slices and color in two of each.

Part C: So if Jessica ate half of what Noah eats, she only ate 5/8's of pizza.

Part D: Noah and Jessica together ate 15/8's of pizza or if you want to simplify, 1 and 7/8's of pizza. There is 25/8's of pizza left, or 25 pieces left. And the remaining friends ate 1/5 of the remaining pizza which was 25 pieces. So, they ate 5 pieces.  So they ate 5/8's of the remaining pizza.

Step-by-step explanation:

I think this might be your answer. Double check to make sure i am not wrong.

The sum of 6 consecutive odd numbers is 204. What is the fourth number in this sequence?​

Answers

Answer:

35

Step-by-step explanation:

1. Set up a equation.

2. X is the first, so the ones after x are x+2, x+4, x+6, x+8, and x+10.

3. That means that x+x+2+x+4+x+6+x+8+x+10=204.

4. Simplify. You would get that 6x+30=204.

5. Solve for x. 6x=174, so x=29.

6. Get the fourth number in the sequence. 29+6=35.

Answer: The fourth number in this sequence is 35.

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