The annual percentage rate is the interest rate for payment for the car
loan.
The mount owed on the car with an APR of 3.1% is approximately $8,693.08.The mount owed on the car with an APR of 7% is approximately $17,310.92.The given parameters are;
The amount of loan Terry and Jim have = $26,004
The annual percentage rate (APR) on one loan = 3.1 %
The annual percentage rate (APR) on the other loan = 7 %
Total interest paid after one year = $1,481.25
Required:
The amount owed on each car
Solution:
Let X represent the loan, with 3.1% APR, we have;
The other loan with 7% APR = 26,004 - X
Therefore;
0.031·X + 0.07·(26,004 - X) = 1,481.25
0.031·X + 1,820.28 - 0.07·X = 1,481.25
1,820.28 - 1,481.25 = 0.07·X - 0.031·X = 0.039·X
339.03 = 0.039·X
[tex]X = \dfrac{339.03}{0.039} \approx 8693.08[/tex]Therefore;
The amount owed on the car with an APR of 3.1%, X ≈ $8,693.08Therefore;
The amount owed on the car with an APR of 7% ≈ 26,004 - 8693.08 =
17310.92.
The amount owed on the car with an APR of 7% ≈ $17,310.92Learn more here:
https://brainly.com/question/15400760
regal furniture company allocates its indirect salaries of $22,500 on the basis of sales. Determine the indirect salaries allocated to Departments 1 and 2 using the following information.
Answer:
$15750 and $6750Step-by-step explanation:
Revenue share of Dept. 1:
182000/260000*100% = 70%Revenue share of Dept. 2:
100% - 70% = 30%Allocate the indirect salary with same ratio.
Dept. 1:
22500*70/100 = 15750Dept. 2:
22500 - 15750 = 6750Find the difference between 11/5 and 5/2 on a number line
Answer:
Step-by-step explanation:
number line:
11 5
_ = 22/10 _ = 25/10
5 2
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
____________________________________________________________
10 1010 10 1010 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10
5/2 is 3/10's bigger than 11/5
Plz help I need help
Answer:
7q + 12
Step-by-step explanation:
simply arrange the given expressions into the traditional way of adding numbers like 1 + 1 but vertically like : 1
1 +
which is equivalent to
6q + 1 +
q + 11
______
7q + 12
why? because 6q plus q is equal to 7q and 1 + 11 is equal to 12
good day.
Find Surface Area Of This Triangular Prism
Answer:
325 cm²
Step-by-step explanation:
find area of each side even those that are not shown. then add the areas
Coach Eddie ordered baseball gloves 30% of them were left handed. If 24 gloves were left handed, how many total gloves are there
Answer:
sorry I don't understand
Five more than the difference of two numbers
Answer: (x - y) + 5
Step-by-step explanation: Difference of two numbers means subtraction so we know its x - y. Then, we need five more so addition which means (x - y) + 5.
Would appreciate brainly <3
Silvia is planning to use a 4-year loan to purchase a car.
• The price of the car is $8,575.
• The amount of interest she will have to pay on the loan is $1,036
Silvia will combine the price of the car and the amount of interest to determine how much she must repay. She will make 48 equal monthly
payments.
Which of the following is the best estimate of each monthly payment Silvia will make?
A. $175
B. $200
C. $225
D. $250
Answer:
B
Step-by-step explanation:
8575 + 1036 = 9611
9611 is the full payment
9611 / 48 months = 200.229
About $200 every month
The best estimate of each monthly payment that Silvia will make is given by: Option B: $200
What to calculate net payable amount after interest is applied?The net payable amount is the sum of main amount to be paid + the amount of interest.
For this case, it is specified that:
The price of the car is $8,575.The amount of interest she will have to pay on the loan is $1,036Thus, we get:
Total payable amount by Silvia for car purchasing = $8575 + $1036 = $9,611
This payable amount is divided in 48 equal parts. The value of each part (the monthly payment amount by Silvia) is:
[tex]\dfrac{9611}{48} \approx 200 \: \rm dollars[/tex]
Thus, the best estimate of each monthly payment that Silvia will make is given by: Option B: $200
Learn more about division here:
https://brainly.com/question/26411682
Determine the period of the following graph.
Select the correct answer from the drop-down menu.
Rewrite the formula to find the radius of a sphere.
V=
= GT 73
The volume (V) of a sphere is given by the formula
The sphere's radius (() is
Reset
(3V/4pi)1/3
(4V/3pi)1/3
(3pi/4V)1/3
Answer:
The formula of a sphere is v= 4/3 pi root to the power of 3.
Step-by-step explanation:
The answer is B
I need help on this
Here it is
At the math store each circle costs one amount and square cost anthor. 5 circles +1 square =20 cents, two circles +3 square=21 cents . At these prices how many cents does 12 circles + 5 squares cost?
Answer:
61 cents
Step-by-step explanation:
We can create 2 equations.
5C + (1)S = 20
2C+ 3S = 21
We can alter the first equation below
S = 20 - 5C
Now we replace S with 20 - 5C into the second equation as shown
2C + 3(20 - 5C) = 21
Simplify:
2C + 60 - 15C = 21
Combine Like Terms:
-13C = -39
C = 3
Now we can calculate S
S = 20 - 5(3)
S = 5
12(3) + 5(5) = 36+25 = 61
Help please i need to know this answer
Answer:
976
SA=2(S1)+2(S2)+S3
S1=14*24/2
S1=168
S2=25*10
S2=250
S3=14*10
S3=140
SA=2(168)+2(250)+140
SA=976 cm
Write the logarithmic expression as a single logarithm log4(32) – log4 (4)
A. Log8(4) B. Log8(1/8). C. Log4(28). D. Log4(8)
8x + 1/3 = 2/3 what is the answer?
Answer:
1/24
Step-by-step explanation:
8x + 1/3 = 2/3
- 1/3 - 1/3
8x = 1/3
8x/8 = (1/3)/8
x = 1/24
100 points hode tp spelll heder
Answer:
100 points hope to spell header?
Step-by-step explanation:
Answer:
do you mean harder?
Step-by-step explanation:
and if you mean harder it is spelled : H A R D E R
Calculator
(4y + 10°
What is the value of y?
Enter your answer in the box.
759
(3x)
B
y =
Answer:
y = 5
Step-by-step explanation:
The base angles of this isosceles triangle are congruent, so the angle at A is ...
A = 180° -2(75°) = 30°
(4y +10)° = 30° . . . . . substitute the given expression for angle A
4y = 20 . . . . . . . . . . divide by °, subtract 10
y = 5 . . . . . . . . . divide by 4
_____
Additional comment
The value of x is 25.
x is found from 3x=75, by dividing both sides of this equation by 3.
A square hole 7.50 cm along each side is cut in a sheet of copper. (a) Calculate the change in the area of this hole resulting when the temperature of the sheet is increased by 49.0 K. cm2(b) Does this change represent an increase or a decrease in the area enclosed by the hole
Answer:
it increases the the hole
Step-by-step explanation:
2x - 5y = 6 and -2x + 7y = 14
*Using elimination*
What is
[tex] \frac{4}{60} [/tex]
simplified?
Answer:
1/15
Step-by-step explanation:
4/60
Divide the top and bottom by 4
4/4 =1
60/4= 15
1/15
Answer this please not links-
Answer:
I believe it's 9 hope this helps
PLEASE HELP BRAINLIEST TO THE RIGHT ANSWER!!!!!
A 7.8 kg object is suspended by a string from the ceiling of an elevator. The acceleration of gravity is 9.8 m/s^2.
A. Determine the tension in the string if it is accelerating upward at a rate of 1.5 m/s^2. Answer in units of N.
B. Determine the tension in the string if it is accelerating downward at a rate of
1.5 m/s^2
Answer:
88.14 N
64.74 N
Step-by-step explanation:
what ordered pair is a solution of 3x - y = 13
Answer:
x=6,. y=5. is the answer
Lila collected 116gallons of honey. After using some of the honey she collected for baking, Lila found that she only had 34 gallon of honey left. How much honey did she use for baking?
Answer: She would've used 82 gallons
Can someone help me please
Answer:
15 - 17 = 0.013333 (1.3333%)
latte drop = 8.3%
gasoline = 9%
A college employs 15 stewards. What is the average monthly wage of the stewards if the college pays 226.20 in wages each month?
$15.08
Step-by-step explanation:As the value 226.20 is the total of all wages, you can work out the mean.
Mean averages are usually worked out as the total / number of values.
Because you already know the total is 226.20 and the number of values is 15 different wages, divide 226.20 by 15 to get $15.08.
what is the slope intercept form of 12x+4y=-12
Answer:
y=-3-3x
Step-by-step explanation:
Transpose the equation for y
y=-12/4-12x/4
y=-3-3x
Triangle ABC is graphed below. Translate the figure left 2 units and down 3 units.
Answer:
I think it's maybe -4
Step-by-step explanation:
A dog slept from 10:51 p.m. to 1:22 a.m. how long does a dog sleep
Answer:
2 hours and 31 minutes
Step-by-step explanation:
10:51 +9 =11:00
+ 2 hours = 1:00 +22 = end time
so added together 22+9= 31 + the 2 hours = 2 hours and 31 minutes
How are expressions 1/4 of 12 and 12 divided by 4
There are integers that are not rational
numbers, true or false?
Answer:
integers are always rational. They don't include decimals
Step-by-step explanation:
Answer:
False
Step-by-step explanation:
All integers are rational numbers, since they can be expressed as a ratio (fraction) with a denominator of 1.
