Marcus buys a car for $45,000. If he finances it for 5
years at an annual interest rate of 8.5%, what will his
monthly payment be?

Answers

Answer 1

Answer:

M ≈ $933.24

Step-by-step explanation:

To calculate Marcus's monthly payment for financing his car for 5 years at an annual interest rate of 8.5%, we can use the formula for the monthly payment on a loan:

M = P * (r/12) * (1 + r/12)^n / ((1 + r/12)^n - 1)

where:

M is the monthly payment

P is the principal (in this case, $45,000)

r is the annual interest rate (in this case, 8.5%)

n is the number of monthly payments (in this case, 5 years * 12 months/year = 60 monthly payments)

Substituting the given values, we get:

M = $45,000 * (0.085/12) * (1 + 0.085/12)^60 / ((1 + 0.085/12)^60 - 1)

Using a calculator, we get:

M ≈ $933.24

Therefore, Marcus's monthly payment for financing his car for 5 years at an annual interest rate of 8.5% is approximately $933.24.


Related Questions

Write the absolute value equation that has the following solutions.
One solution: x = 15

Answers

The absolute value equation is:

|x - 15| = 0

How to write the absolute value equation?

We want an absolute value equation that only has the solution x = 15.

So we must have something equal to zero (so we avoid the problem with the signs that we can have with other numbers)

So the equation will be something like:

|x - a| = 0

And the solution is 15, so:

|15 - a | = 0

then a = 15

The equation is:

|x - 15| = 0

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answer these questions in detail​

Answers

Answer:

5.  x = 60

6.  F' (1, 4)

Step-by-step explanation:

5.  The angles shown are same side exterior angles, so they are supplementary (add to 180)

(x + 85) + 35 = 180

x + 120 = 180

x = 180 - 120 = 60

x = 60

6.  The line x = 1 is a vertical line, passing through the x=axis at (1, 0).  All x coordinates on this line equal 1.

The point F (3,4) is reflected in the line x = 1 at the point F' (1, 4)

7.
Colin uses
cup of vegetable oil in each cake that he makes for his father's beker
If Colin made 8 cakes, how much oil did Colin use in all?
Mark only one oval.
I added 13:5
A. 51/3 cups
OB. 41/3 cups
OC. 51/2 cups
OD.41/2 cups
Spain
42°

Answers

The number of cups of vegetable oil used by Colin to make 8 cakes is given by A = 5 1/3 cups

What is an Equation?

Equations are mathematical statements with two algebraic expressions flanking the equals (=) sign on either side.

It demonstrates the equality of the relationship between the expressions printed on the left and right sides.

Coefficients, variables, operators, constants, terms, expressions, and the equal to sign are some of the components of an equation. The "=" sign and terms on both sides must always be present when writing an equation.

Given data,

Let the equation be represented as A

Now, the value of A is

Substituting the values in the equation, we get

Let the number of cups of vegetable oil used by Colin to make 8 cakes be represented as A

Now , the number of cups of vegetable oil used by Colin to make 1 cake is given by = ( 2/3 ) cups of oil

And , number of cups of vegetable oil used by Colin to make 8 cakes A =

A = 8 x number of cups of vegetable oil used by Colin to make 1 cake

On simplifying the equation, we get

[tex]\text{A} = 8 \times \huge \text{(} \dfrac{2}{3} \huge \text{)}= \dfrac{16}{3}[/tex]

[tex]\boxed{\bold{A = 5 \dfrac{1}{3} \ cups}}[/tex]

Therefore, the value of A is 5 1/3 cups

Hence, the number of cups of vegetable oil required is 5 1/3 cups

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Complete question is-

Colin uses 2/3 cup of vegetable oil in each cake that he makes for his father's bakery.

If Colin made 8 cakes, how much oil did Colin use in all?

A. 5 1/3 cups

B. 7 1/3 cups

C. 8 2/3 cups

D. 16 1/3 cups​

Each tile is 3/4 of inch by 3/4 of an inch what is the area of each tile

Answers

Answer:

9/16 of a square inch

Step-by-step explanation:

[tex] \frac{3}{4} \times \frac{3}{4} = \frac{9}{16} [/tex]

Answer:

9 /16 inches^2

Step-by-step explanation:

To find the area of the tile, multiply the length by the width

A = 3/4 * 3/4

A = 9 /16 inches^2

Triangle D has been dilated to create triangle D′. Use the image to answer the question.

image of a triangle labeled D with side lengths of 2.7, 4.8, 4.2 and a second triangle labeled D prime with side lengths of x, 1.6, 1.4

Determine the scale factor used.

2
3
one third
one half

Answers

The scale factor is 1/3.

What is the scale factor?

The difference in scale between an original object's scale and a new object that is its representation but is larger or smaller is known as a scale factor. For instance, we can increase the size of a rectangle with sides of 2 cm and 4 cm by multiplying each side by, let's say, 2.

Here, we have

Given: Triangle D has been dilated to create triangle D′.

To find the scalar value, simply choose one side of D and one did of D’ and divide them to find the scalar. We can verify that we have the correct scalar by performing this division on each related edge. Below I will do D to D’ represented like D/D’:

4.8 / 1.6 = 3

4.2 / 1.4 = 3

2.7 / x = 3

Knowing that the scaling for each edge is 3, we can solve for x.

2.7 / 3 = x

0.9 = x

The edges for D are 4.8, 4.2, and 2.7 respectively to D’ scaled by 1/3. So we can determine that the edges for D’ are 1.6, 1.4, and 0.9 respectively to D scaled by 3.

So if we go D’ to D, we scale by 3. If we go D to D’, we scale by 1/3.

Hence, the scale factor is 1/3.

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Helppppppppppppppppppppp

Answers

To find the set fee for the house, we need to determine the y-intercept of the linear relationship between t and C.

Using the table given, we can find two points on the line: (0, C) and (t, C). The point (0, C) represents the y-intercept, which is the set fee for the house.

Looking at the data, we can see that when t=0 (i.e., no time spent at the house), the cost C is the set fee. So we can choose any C value where t=0 to get the set fee. From the data given, we see that when t=2.5, C=195.

Therefore, the set fee for the house is $195.

Triangle ABC with vertices at A(−1, −1), B(1, 1), C(0, 1) is dilated to create triangle A′B′C′ with vertices at A′(−3, −3), B′(3, 3), C′(0, 3). Determine the scale factor used.

1
one half
3
one third

Answers

The scale factor used to dilate triangle ABC with vertices at A(−1, −1), B(1, 1), C(0, 1) into triangle A'B'C' with vertices at A′(−3, −3), B′(3, 3), C′(0, 3) is 3.

What is a scale factor?

In mathematics, a scale factor is a number that scales, or multiplies, some quantity. In the context of geometry, the scale factor is the ratio of lengths in a pair of similar geometric figures or the ratio of the areas of two similar geometric figures. When one figure is transformed into another by dilation, the scale factor is the ratio of the lengths of corresponding sides. The scale factor can be greater than 1, less than 1, or equal to 1 (meaning no change in size).

We can determine the scale factor by comparing the lengths of sides of the two triangles.

The length of side AB is,

AB = [tex]\sqrt{[(1 - (-1))^2 + (1 - (-1))^2]}[/tex] = [tex]\sqrt{8}[/tex]

Similarly the length of side A'B' is,

A'B' = [tex]\sqrt{[(3 - (-3))^2 + (3 - (-3))^2]}[/tex] = [tex]\sqrt{72}[/tex]

So the scale factor will be,

A'B' / AB = [tex]\frac{\sqrt{72} }{\sqrt{8} }[/tex] = [tex]\sqrt{9}[/tex] = 3

Therefore, the scale factor used to dilate triangle ABC into triangle A'B'C' is 3.

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Solve the inequality for x.
−8+ x/3>-7
Simplify your answer as much as possible.

Answers

Answer:

x > 3

Step-by-step explanation:

−8 + x/3 > -7

x/3 > 1

x > 3

We can't simplify anymore, so the answer is x > 3

Find the probability of drawing a green, then yellow, with replacement.
A bag has 4 green blocks, 6 red blocks, 7 blue and 3 yellow.

Answers

P (green, then yellow) = P(green) * P(yellow) = (4/20) * (3/20) = 0.03 or 3%.

What is Probability?

Probability is a measure of the likelihood or chance of an event occurring. It is expressed as a number between 0 and 1, where 0 represents an impossible event and 1 represents a certain event. The probability of an event can be calculated by dividing the number of favorable outcomes by the total number of possible outcomes. Probability is used in many areas of science, such as statistics, physics, and engineering, as well as in everyday life to make informed decisions based on the likelihood of various outcomes.

The probability of drawing a green block on the first draw is 4/20 (since there are 4 green blocks out of a total of 20 blocks in the bag).

Since the block is being replaced back into the bag after each draw, the probability of drawing a yellow block on the second draw is still 3/20.

Therefore, the probability of drawing a green block followed by a yellow block is:

P (green, then yellow) = P(green) * P(yellow) = (4/20) * (3/20) = 0.03 or 3%

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C. The table below shows the ages in years of 42 children at a birthday party. AGE(YEARS) NO OF CHIDREN 7 2x 8 3x 9 4x-1 10 X 11 X-2 (i). Find the value of x. (ii). Calculate, correct to the nearest whole number the mean age. (iii). Find the probability of selecting at random a child whose age is less than 9 years. 12 x-3 CURT​

Answers

(1) The value of X is equal to 4  (2) The mean age is 3. (3) The probability of randomly selecting  a child under the age of 9  is approximately 0.83.  

 How to calculate the average?

The formula for calculating the average of given numbers is equal to the sum of all values ​​divided by the total number of values. There are three main types of averages: mean, median, and mode. All of these techniques work slightly differently and often give slightly different typical values.

(i). Given that there are a total of 42 children on the birthday, finding the value of x:

2x + 3x (4x-1) + x + (x-2) + (x-3) = 42

11x - 6 = 42

11x = 48

x = 4

Therefore, the value of x is equal to 4.

(ii). To find the average age, we need to calculate the sum of all the ages and divide by the total number of children:

Average age = (7 x 2 + 8 x 3 + 9 x (4-1) +10 x 4 +11 x (4-2) 12 x (4-3)) / 42

 = (14 + 24 + 27 + 40 + 22 +12) / 42

 = 139/42

 = 3.31

Rounded to the nearest whole number, the average age is 3.  

(iii). The probability of randomly selecting  a child under 9 is obtained by adding  the number of children aged 7, 8 or 9 (because we want children under 9) and  dividing by the total number of children:

Number of children under 9 years  = 2x + 3x + (4x-1)

Number of children under 9 years  = 9x - 1

Number of children under 9  = 9(4)–1

Number of children under 9 years  = 35

Probability of choosing a child under 9  = number of children under 9  / total number of children

Probability of choosing a child under 9 = 35/42

The probability of choosing a child under 9 years old is ≈ 0.83

Thus, the probability of randomly selecting  a child under the age of 9  is approximately 0.83.

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The first three terms of a sequence are given. Round to the nearest thousandth (if necessary). 12 , 18 , 27 , . . . Find the 8th term.

Answers

Answer: 205.031(nearest thousandth)

or 205.03125

Step-by-step explanation:

Janna's health class measures the heart rates of students after they walked for five minutes. The heart rates, in beats
per minute, were as follows.
102, 74, 86, 74, 96, 95, 103, 102 Find the median of the data set. What does the median tell you? (Hint: If the data set has an even number of values,
the median is the mean of the two middle values.)

Answers

The median of the data set is: 95.5

What is median?

median is the number at the middle of the given data.

To find the median of the data set {102, 74, 86, 74, 96, 95, 103, 102}, we first need to arrange the values in order from lowest to highest:

74, 74, 86, 95, 96, 102, 102, 103

Since the data set has an even number of values, the median is the mean of the two middle values. In this case, the two middle values are 95 and 96.

Therefore, the median of the data set is: (95 + 96) / 2 = 95.5

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someone help me plss

Answers

The fraction of the panel, that is left after cutting out the hole is [tex]\frac{11}{12}[/tex]

What are the areas of some common plane figures

The area of a rectangle equals the product of its 2 sides. The area of a triangle is equal to half of the product of the base and height.. If we choose one of the sides as the base, then for area calculation,  for height we have to use the height of the opposite vertex from this base. To find it, we have to drop a perpendicular from the opposite vertex onto the base. The area of a parallelogram is the product of the length of the base and the perpendicular distance between the two parallel sides of the parallelogram. Area of a trapezium = half of the product of the distance between the parallel sides and the sum of the length of the parallel sides. Area of a circle is [tex]\pi r^2[/tex], in which r is the radius of the given circle. Sometimes the plane figure maynot be a standard shape. In that case we have to divide the figure into suitably many parts such that, each part is a standard figure whose area we can calculate. Also sometimes we can represent an area as the difference of the area of two standard figures. In that case to find the area we have to take the difference of the areas of the two standard figures.

In our question. Initial area of the panel is (3)(2) = 6 square ft.

Area of the cutout = (1)([tex]\frac{1}{2}[/tex]) = [tex]\frac{1}{2}[/tex] square ft.

Using the formula, fraction left = [tex]\frac{6 - \frac{1}{2}}{6} = 1 - \frac{1}{12} = \frac{11}{12}[/tex]

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Required fraction left is 11/12 square feet.

What is area of rectangle?

A rectangle is a geometric shape that has four sides and four right angles. It is a type of quadrilateral and is characterized by its two pairs of parallel sides. The opposite sides of a rectangle are congruent, which means they have the same length, and the adjacent sides are perpendicular to each other.

The area of a rectangle is the total amount of space inside the rectangle and is calculated by multiplying the length of the rectangle by its width. The formula for the area of a rectangle is Area = length x width

For example, if a rectangle has a length of 6 units and a width of 4 units, the area can be calculated as:

Area = 6 units x 4 units = 24 square units

The area of the panel is 3 feet x 2 feet = 6 square feet

The area of the hole is 1 foot x 1/2 foot = 1/2 square feet

Therefore, the area left is 6 square feet - 1/2 square feet = 11/2 square feet

The fraction left is (11/2 square feet) / (6 square feet) = 11/12

Therefore, the required correct option is C.

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Find the value of x please.

choices are..
16
19
18
15

Answers

Answer:

We have supplementary angles.

123 + 3x = 180

3x = 57

x = 19

Answer:

x = 19

Step-by-step explanation:

Angle on a straight line add up to 180

123 + 3x = 180

3x = 180 - 123

3x = 57

3x/3 = 57/3

x = 19

A recliner is discounted by $190. If the original price is $800, estimate the sale price by first rounding each number to the nearest hundreds

Answers

all u got to do is subtract

Explain what the constant of proportionality means in the equation y = 5/2 x

Answers

Answer:

[tex]y = \frac{5}{2} x[/tex]

[tex] \frac{y}{x} = \frac{5}{2} [/tex]

The constant of proportionality is the ratio of y to x. Here, the ratio of y to x is 5 to 2. We see that y is directly proportional to x.

If y = x and y = 4, then what is (x + y)² ? A. 0 B. 16 C. 25 D. 64​

Answers

Step-by-step explanation:

y = x and y = 4

(x + y)²

(4 + 4)² = (8)² = 64

Determine the domain of the graph above

Answers

The domain of the graph in this problem is given as follows:

C) -3 ≤ x ≤ 4.

How to obtain the domain of the graph?

To determine the domain of a graph, you need to identify the set of all possible input values (also known as the independent variable) that produce a valid output (also known as the dependent variable) on the graph.

On a graph, the input values are represented by the values of x of the graph.

On the graph in this problem, we have that it assumes values of x between -3 and 4, with closed intervals, hence the domain is given as follows:

-3 ≤ x ≤ 4.

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Please help please show the step by step explanation:)

the decrease in emissions is due to the increase in alternative energy use. The alternative and nuclear energy use of the U.S. is given in the table below.
(Source: data.worldbank.org)
Year 2000 2003 2005 2008 2010 2011 2012
% of total
energy use 10.7696 10.6167 10.6213 11.1977 11.7184 11.9921 12.0645
Find a cubic model for this data and use it to predict the alternative energy use for 2016.

Answers

Make use of Excel, MATLAB, or Python to perform the curve fitting and find the cubic model for the given data.

How to solve

To find a cubic model for the given data, we can use the method of least squares to fit the data points into a cubic polynomial of the form:

y = ax^3 + bx^2 + cx + d

where y represents the percentage of alternative and nuclear energy use, x represents the year, and a, b, c, and d are the coefficients to be determined.

Given the data points:

(2000, 10.7696)

(2003, 10.6167)

(2005, 10.6213)

(2008, 11.1977)

(2010, 11.7184)

(2011, 11.9921)

(2012, 12.0645)

Make use of Excel, MATLAB, or Python to perform the curve fitting and find the cubic model for the given data.

Once you have the cubic model, you can plug in x = 2016 to predict the alternative energy use for 2016.

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Name
Date
- Sarah received a coupon for 15% off the total purchase price at a shoe store. Let p be the
original price of the purchase. Use the expression p-0.15p for the new price of the purchase.
Write an equivalent expression by combining like terms.

Answers

The expression p - 0.15p represents the new price of the purchase after the 15% discount has been applied. To simplify this expression by combining like terms, we can factor out p:

p - 0.15p = p(1 - 0.15)

Simplifying the expression in parentheses, we get:

p(0.85)

Therefore, an equivalent expression that combines like terms is:

0.85p

This represents the new price of the purchase after the 15% discount has been applied.

In 1870, the French writer Jules Verne

Answers

In 1870, the French writer Jules Verne published his novel "Twenty Thousand Leagues Under the Sea", which tells the story of an underwater adventure aboard the submarine Nautilus.

Who is the French writer?

The novel is considered one of Verne's most popular and well-known works, and it has been translated into many languages and adapted into numerous films, TV shows, and stage productions. "Twenty Thousand Leagues Under the Sea" is known for its imaginative portrayal of futuristic technology, such as the advanced submarine Nautilus, and its detailed descriptions of underwater life and exploration.

Therefore, The novel has also been praised for its themes of adventure, exploration, and the relationship between man and nature. It remains a classic in science fiction and adventure literature, and continues to be read and enjoyed by readers around the world.

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The number of deer on an island is given by D=200+100sin( 2 π ​ x), where x is the number of years since 2000. Which is the first year after 2000 that the number of deer reaches 150 ?

Answers

Therefore, the first Leap year after 2000 that the number of deer reaches 150 is 2000.1, or 2000 and 1/10 of a year.

What are a leap year and a year?

If you sum up all the days on a calendar from January to December, there are 365 in a regular year. But about every four years, February has 29 days rather than 28. Therefore, a year has 366 days. There is a term for it: a leap year.

We must find x in the equation D=150 in order to determine the year that the number of deer exceeds 150 for the first time after 2000.

150=200+100sin(2πx)

Subtracting 200 from both sides, we get:

-50 = 100sin(2πx)

Dividing both sides by 100, we get:

-0.5 = sin(2πx)

To find the value of x that satisfies this equation, we can take the inverse sine of both sides:

sin⁻¹(-0.5) = 2πx

Using a calculator, we find that sin⁻¹(-0.5) = -π/6.

-π/6 = 2πx

Solving for x, we get:

x = -1/12

Since x is the number of years since 2000, we need to add 1/12 to find the first year after 2000 that the number of deer reaches 150:

2000 + 1/12 ≈ 2000.1

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Ejercicio 2.- La temperatura ambiente a las 8 am era de 61 grados Farenheit. Fue aumentando de forma lineal hasta la 1 pm en que el termómetro marcó 81 grados. a) Escriba una ecuación lineal que muestre la temperatura en función de la hora en ese intervalo. b) Calcule con esa ecuación la temperatura a las 11:15 am. Aproxime a la décima de grado Farenheit si fuera necesario. oprondamos a hacer ecuaciones y resolver​

Answers

a)Por lo tanto, la ecuación lineal que representa la temperatura en función de la hora es T(h) = 4h + 29

b) Por lo tanto, la temperatura a las 11:15 am aproximadamente es de 75.3 grados Farenheit.

what is  aproximadamente ?

"Aproximadamente" is a Spanish word that means "approximately" or "roughly" in English. It is often used to indicate that a value or measurement is not exact, but rather an estimation or approximation.

In the given question,

a) La ecuación lineal que relaciona la temperatura con la hora en ese intervalo es:

T(h) = m*h + b

donde T es la temperatura en grados Farenheit, h es la hora en formato de 24 horas, m es la pendiente de la recta y b es el término independiente.

Primero encontramos la pendiente m:

m = (81 - 61) / (13 - 8) = 4

Luego, encontramos el término independiente b utilizando uno de los puntos:

61 = 4*8 + b

b = 29

Por lo tanto, la ecuación lineal que representa la temperatura en función de la hora es:

T(h) = 4h + 29

b) Para encontrar la temperatura a las 11:15 am, primero convertimos el tiempo a horas decimales:

11:15 am = 11 + 15/60 = 11.25 horas

Luego, sustituimos este valor en la ecuación lineal:

T(11.25) = 4(11.25) + 29 = 75.25

Por lo tanto, la temperatura a las 11:15 am aproximadamente es de 75.3 grados Farenheit.

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A bus traveled on a level road for 2 hours at an average speed 20 miles per hour faster than it traveled on a winding road. The time spent on the winding road was 3 hours. Find the average speed on the level road if the entire trip was 225 miles.

Answers

By answering the presented question, we may conclude that As a result, the average speed on the flat road is 57 miles per hour.

what is expression ?

In mathematics, you can multiply, divide, add, or subtract. An expression is constructed as follows: Number, expression, and mathematical operator A mathematical expression is made up of numbers, variables, and functions (such as addition, subtraction, multiplication or division etc.) It is possible to contrast expressions and phrases. An expression or algebraic expression is any mathematical statement that has variables, integers, and an arithmetic operation between them. For example, the phrase 4m + 5 has the terms 4m and 5, as well as the provided expression's variable m, all separated by the arithmetic sign +.

Let's apply the formula:

distance = time speed

The bus went for 2 hours on the level road, hence the distance travelled is:

1 distance = x 2

The bus went for 3 hours on the twisting route, hence the distance travelled is:

3 distance2 = (x - 20)

Because the bus's total distance travelled is 225 miles, we may write:

distance1 plus distance2 equals 225

Substituting distance1 and distance2 expressions yields:

x × 2 + (x - 20) × 3 = 225

When we simplify this equation, we get:

2x + 3x - 60 = 225

5x = 285\sx = 57

As a result, the average speed on the flat road is 57 miles per hour.

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radical form of a^2/5
help please

Answers

Answer:

The answer is ⁵√a²

Step-by-step explanation:

a⅖=⁵√a²

For #1 - 6, use the information given to write the equation of the line in slope intercept form.
1. Line where slope is -32 and y-intercept is 7
1. Line where slope is 5 and x -intercept is 2
1. Line going through the points (-1, -5) and (4, -2)
1. Line going through the points (0, 1) and (2, -2)
1. Line where m = 4 and and b = -76
1. Line that passes through the points (1, 3) and (4, 12) with a y-intercept of 0

Answers

An equation of a line where slope is -32 and y-intercept is 7 is y = -32x + 7.

An equation of a line where slope is 5 and x-intercept is 2 is y = 5x - 10.

An equation of a line that is going through the points (-1, -5) and (4, -2) is y = 3x/5 - 22/5

An equation of a line that is going through the points (0, 1) and (2, -2) is y = -x/2 + 1

An equation of a line where m = 4 and and b = -76 is y = 4x - 76.

An equation of a line that passes through the points (1, 3) and (4, 12) with a y-intercept of 0 is y = 3x + 0.

What is the slope-intercept form?

In Mathematics and Geometry, the slope-intercept form of the equation of a straight line is given by this mathematical expression;

y = mx + c

Where:

m represents the slope or rate of change.x and y are the points.c represents the y-intercept or initial value.

First of all, we would determine the slope of this line;

Slope (m) = (y₂ - y₁)/(x₂ - x₁)

Slope (m) = (-2 + 5)/(4 + 1)

Slope (m) = 3/5

At data point (-1, -5) and a slope of 3/5, a linear equation for this line can be calculated by using the point-slope form as follows:

y - y₁ = m(x - x₁)

y + 5 = 3/5(x + 1)  

y = 3x/5 + 3/5 - 5

y = 3x/5 - 22/5

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Antoni Gaudi purchased a bedroom set with an installment loan that has an APR of 12%. The bedroom set sells for $2,650. The store financing requires a 15% down payment and 42 monthly payments. What is the finance charge?

Answers

The finance charge for Antoni Gaudi's bedroom set purchase is $731.08.

What is an installment?

An installment refers to a sum of money that is paid back in parts over a period of time, typically with interest.

Define loan?

A loan is a financial agreement between a lender and a borrower, in which the lender provides the borrower with a specific amount of money or assets, which the borrower agrees to pay back with interest over a predetermined period of time. Loans can be used for a variety of purposes, such as purchasing a home, starting a business, or paying for education.

Based on the given information, the bedroom set sells for $2,650, and the financing requires a 15% down payment, which is $397.50 ($2,650 x 0.15).

Therefore, the amount financed is $2,252.50 ($2,650 - $397.50).

To calculate the finance charge, we need to know the total amount of payments Antoni Gaudi will make over the 42-month period. Each monthly payment can be calculated using the following formula:

Monthly Payment = (Amount Financed x (APR/12)) / (1 - (1 + APR/12)^-n)

Where:

APR is the annual percentage rate (12% in this case)

n is the total number of payments (42 in this case)

Plugging in the values, we get:

Monthly Payment = ($2,252.50 x (0.12/12)) / (1 - (1 + 0.12/12)^-42)

= $70.99 (rounded to the nearest cent)

Therefore, the total amount of payments Antoni Gaudi will make over the 42-month period is $2,983.58 ($70.99 x 42).

The finance charge can be calculated as follows:

Finance Charge = Total Payments - Amount Financed

= $2,983.58 - $2,252.50

= $731.08

Therefore, the finance charge for Antoni Gaudi's bedroom set purchase is $731.08.

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yara said that the vertical distance between two points is -5 units how do you know that yara's statement is incorrect

Answers

Stop using brainly. This whole website has became a big money grab over the last few months and they will remove all your posts and answers unless you pay them money. I've had it happen several times now.

In 2014, Michelle's annual base salary was $87,000. She also earned 3% commission of her annual sales of $500,000. What was Michelle's income during 2014?​

Answers

Answer: Michelle's income during 2014 was her base salary plus her commission.

Her commission was 3% of $500,000, which is 0.03 x $500,000 = $15,000.

So her total income for 2014 was $87,000 + $15,000 = $102,000.

Step-by-step explanation:

Which is the best estimate of the difference between 67/8 and 1/82

Answers

Answer:

8.36

Step-by-step explanation:

67 - 1

8. 82

= 2747 - 4

328

=2743

328

= 8.36

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