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

give the sum of difference 4/9+1/6​

Answers

Answer:

11/18

Step-by-step explanation:

4/9 + 1/6

Get a common denominator of 18

4/9 * 2/2 = 8/18

1/6 * 3/3 = 3/18

8/18+3/18

11/18

Answer:

11/18

4/9 + 1/6

Get a common denominator of 18

4/9 * 2/2 = 8/18

1/6 * 3/3 = 3/18

8/18+3/18

11/18

ez

Step-by-step explanation:

3t-5=0
Help solve pleo

Answers

Answer:T = 0.6

Step-by-step explanation:Simplifying

3t + -5 = 0

Reorder the terms:

-5 + 3t = 0

Solving

-5 + 3t = 0

Solving for variable 't'.

Move all terms containing t to the left, all other terms to the right.

Add '5' to each side of the equation.

-5 + 5 + 3t = 0 + 5

Combine like terms: -5 + 5 = 0

0 + 3t = 0 + 5

3t = 0 + 5

Combine like terms: 0 + 5 = 5

3t = 5

Divide each side by '3'.

t = 1.666666667

Simplifying

t = 1.666666667

Answer:

t = 5/3

t = 1 2/3

Step-by-step explanation:

Hi !

3t - 5 = 0

3t = 0 + 5

3t = 5

t = 5/3

t = 1 2/3

Good luck !

you drink a beverage with 120 mg of caffeine. Each hour, the amount m of caffine in a persons system decreases by 12%. About how much caffeine will be in your system after 3 hours? Round your answer to the nearest milligram

Answers

Answer:43.2

Step-by-step explanation: multiply 120 x 0.12 and you get 14.4, since it’s 3 hours multiply 14.4 3 times and u get 43.2

Which is the most accurate measurement of 1 pound?

Answers

Answer:

I would say 15 ounces

Tyler then takes his remaining paper and does it again. He cuts the paper to create four equal pieces, then hands one piece each to the others and keeps one for himself. What fraction of the original piece of paper does each person have now?

Answers

Answer:

Each person has 1/4 of a peice of paper

Step-by-step explanation:  Tyler cut the peices of paper in 4 equal pieces and if he gave himself and another person one peice then they would each of 1/4 of a peice of paper

15 less than a number is equal to 12​

Answers

Answer:

Step-by-step explanation:

x - 15 = 12

x = 27


A model rocket is launched from the roof of a building. Its flight path is modeled
by h = -5t^2 +30t +10 where h is the height of the rocket above the ground in
metres and r is the time after the launch in seconds.
What is the rocket's maximum height?

Answers

Answer:

55

Step-by-step explanation:

This is the equation of a parabola. To make things simpler, we can replace [tex]h[/tex] with [tex]y[/tex] and [tex]t[/tex] with [tex]x[/tex]. Therefore, [tex]y=-5x^2+30x+10[/tex]. Because the coefficient of the [tex]x^2[/tex] term is negative, we know the parabola points down, and the maximum height is the vertex. The x coordinate of the vertex of a parabola can be found with the equation [tex]-\frac{b}{2a}[/tex], or [tex]-\frac{30}{-10} = 3[/tex]. Plugging in [tex]3[/tex] into the equation gives us [tex]y = -5(3)^2+30(3)+10 = \boxed{55}[/tex]

7th grade math help me plzzz

Answers

Answer:

1. 3>-3

2. 12<24

3. -12>-24

4. 5=-(-5)

5. 7.2>7

6. -7.2<-7

7. -1.5=-3/2

8. -4/5>-5/4

9. -3/5=-6/10

10. -2/3<1/3

Step-by-step explanation:

Can someone please help,ty!!

Answers

Answer:   (0, -1)

Look where the graph crosses the vertical y axis. This point is the y intercept.

In this case, the y intercept is located at (0, -1)

You start at the origin (0,0) and move down 1 unit to get to (0, -1)

Side note: The equation of this line is y = 2x-1

A jury pool has 17 men and 24 women, from which 12 jurors will be selected. Assuming that each person is equally likely to be chosen and that the jury is selected at random, find the following probabilities:
Give all answers accurate to six decimal places.

a) all men
b)all women
c) 8 men 4 women
d) 6 men 6 women

Answers

Answer:

since [tex]17+24=41[/tex]

a) [tex]\frac{\binom{17}{12}}{\binom{42}{12}}[/tex]

b) [tex]\frac{\binom{24}{12}}{\binom{42}{12}}[/tex]

c) [tex]\frac{\binom{17}{8} \cdot \binom{24}{4}}{\binom{42}{8}\cdot\binom{36}{4}}[/tex]

d) [tex]\frac{\binom{17}{6}\cdot\binom{24}{6}}{\binom{17}{6}\cdot\binom{36}{6}}[/tex]

Just calculate these. If there is anything wrong just let me know.

HELP ASAP this is hard

Answers

Answer:

C

Step-by-step explanation:

Answer:

D) positive association because the data on the scattergraph is decreasing (y axis) as the x axis increases.

Basically the data: theres a cluster, an outlier and has a negative association. Not a positive association.

greatest common factor for 32-4x

Answers

Answer:

 

4

out of  

32

4

x

.

4

(

8

x

)

Step-by-step explanation:

the number of painted turtles in a pond is one less than half of the number of bullfrogs. Let f represent the number of bullfrogs. Write an expression fro the number of painted turtles

Answers

Answer:

X = 1/2f - 1

Step-by-step explanation:

X is how many painted turtles in the pond. This would be the expression that you would you use to find the actual number of turtles, but we are just leaving it at the expression.

If Georgina travels 455 km in 7 hours how far will she travel in 9 hours at the same rate

Answers

585:)) 455\7=65 65•9=585

Answer:

585 km

Step-by-step explanation:

rate of speed formula: distance/time

455/7=65

65*9=585

John Paul gave the cashier $60 to pay for 8 bags of potatoes. The cashier gave him $24.32 in change. What is the cost in dollars and cents for each bag of potatoes?

Answers

Answer:

$4.46

Step-by-step explanation:

$60- 24.32= $35.68

So $35.68=8 bags of potatoes.

Then ÷8 to find 1 bag.

$35.68 ÷8 = $4.46

$4.46=1 BAG

g A population is infected with a certain infectious disease. It is known that 95% of the population has not contracted the disease. A test for this disease is 98% accurate (i.e., a person who has contracted the disease tests positive 98% of the time) and has a 1% false negative rate (i.e., a person without the disease has 1% positive rate). Find the probability that a random selected person from does not have the infection if he or she has tested positive. Briefly explain why you are or are not surprised by your result.

Answers

Answer:

There is approximately 17% chance of a person not having a disease if he or she has tested positive.

Step-by-step explanation:

Denote the events as follows:

D = a person has contracted the disease.

+ = a person tests positive

- = a person tests negative

The information provided is:

[tex]P(D^{c})=0.95\\P(+|D) = 0.98\\P(+|D^{c})=0.01[/tex]

Compute the missing probabilities as follows:

[tex]P(D) = 1- P(D^{c})=1-0.95=0.05\\\\P(-|D)=1-P(+|D)=1-0.98=0.02\\\\P(-|D^{c})=1-P(+|D^{c})=1-0.01=0.99[/tex]

The Bayes' theorem states that the conditional probability of an event, say A provided that another event B has already occurred is:

[tex]P(A|B)=\frac{P(B|A)P(A)}{P(B|A)P(A)+P(B|A^{c})P(A^{c})}[/tex]

Compute the probability that a random selected person does not have the infection if he or she has tested positive as follows:

[tex]P(D^{c}|+)=\frac{P(+|D^{c})P(D^{c})}{P(+|D^{c})P(D^{c})+P(+|D)P(D)}[/tex]

              [tex]=\frac{(0.01\times 0.95)}{(0.01\times 0.95)+(0.98\times 0.05)}\\\\=\frac{0.0095}{0.0095+0.0475}\\\\=0.1666667\\\\\approx 0.1667[/tex]

So, there is approximately 17% chance of a person not having a disease if he or she has tested positive.

As the false negative rate of the test is 1%, this probability is not unusual considering the huge number of test done.

HURRY HURRY (function)

Answers

Answer:

h

Step-by-step explanation:

Simple equation with division that equals 8

Answers

Answer:

64 divided by 8

Step-by-step explanation:

Answer:

16 divided by 2 = 8

Step-by-step explanation:

Pls help i dont understand :(

Answers

How is this math I don’t understand

A flywheel is attached to a crankshaft by 12 bolts, numbered 1 through 12. Each bolt is checked to determine whether it is torqued correctly. Let A be the event that all the bolts are torqued correctly, let B be the event that the #3 bolt is not torqued correctly, let C be the event that exactly one bolt is not torqued correctly, and let D be the event that bolts #5 and #8 are torqued correctly. State whether each of the following pairs of events is mutually exclusive.a. A and Bb. B and Dc. C and Dd. B and C

Answers

Answer:

a

 Mutually exclusive

b

Not Mutually exclusive

c

Not Mutually exclusive

d

Not Mutually exclusive

Step-by-step explanation:

From the question we are told that

The number of bolt is n = 12

The event that all the bolt are torqued correctly is A

The event that the 3rd bolt is not torqued correctly is B

The event that exactly one bolt is not torqued correctly is C

The event that the [tex]4^{th}[/tex] and [tex]8^{th}[/tex] are torqued correctly is D

Generally for an event to be mutually  exclusive it means that both event can not occur at the same time

    Considering a  

      The  A and  B are mutually exclusive because they can not occur at the same time

    Considering b  

 The  event B and D are not mutually exclusive because they can occur at the same time

    Considering c

 Event  C and  D are not mutually exclusive because they can occur at the same time

    Considering d

   Event       B and  C are not mutually exclusive because they can occur at the same time

The ratio of girls to boys in a school simplifies to 2:3. How many boys are there if there are 345 students in the school?

Answers

Answer:

230

Step-by-step explanation:

You should multiply 345 by 2/3 or you can divide 345 by 3, which equaks 115 and then multiply 115 by 2 which equals 230.

The number of boys in the school is 207.

Given

The ratio of girls to boys in a school simplifies to 2:3.

We need to find out how many boys are there if there are 345 students in the school.

What are ratios?

The ratio gives us an idea between two quantities.

It is denoted by a:b

Example:

The ratio of apple and mango in the basket is 1:2.

The total number of fruits is 12.

Apple = [ 1 / (1+2) ] x 12 = (1/3) x 12 = 4

Mango = [ 2/(1+2) ] x 12 = (2/3) x 12 = 2 x 4 = 8

We have,

Total number of students = 345

The ratio of girls to boys = 2:3

The number of boys :

= [ 3 / (2+3) ] x 345

= [ 3/5 ] x 345

= 3 x 69

= 207

Thus the number of boys in the. school is 207.

Learn more about ratios here:

https://brainly.com/question/1504221

#SPJ2

find the derivate of : y = ln(x)/5x
y'=

Answers

The answer should be around

y’=1/5 + 1/5 x In(x)

Which equation matches the graph?

Answers

Answer:

equation C

Step-by-step explanation:

y-axis = 4

gradient of line is -2/3

Convert and round to the nearest HUNDREDTH. 1 cup is about 236.59 mL

Answers

237 ml 1 cup is about

A. What is the experimental (or independent) variable?
b. The consumer variable (whether they normally disclose or not disclose goals ) in the experiment is considered as a _________ variable.
c. What is the dependent variable?
D. Describe one possible main effect?
e. Describe an interaction effect?
F. What is the purpose of random assignment in this experiment. Be specific.

2. Design a test marketing study

Answers

The independent variable should be the constant of the experiment .

F

3. The average rate of change of the function f(x) on the interval -2 is less than or equal to X which is less than or equal to 4 is -3.5. If f (4)=11 then which
of the following is the value of f(-2)?
(1) -11
(3) 21
(2) -21
(4) 32

Answers

-11
I hope this help!!!!!!!

The value of the function f(x) at x = - 2 is equivalent to 32.

What is a mathematical function, equation and expression?function : In mathematics, a function from a set X to a set Y assigns to each element of X exactly one element of Y. The set X is called the domain of the function and the set Y is called the codomain of the function.expression : A mathematical expression is made up of terms (constants and variables) separated by mathematical operators.equation : A mathematical equation is used to equate two expressions.Equation modelling is the process of writing a mathematical verbal expression in the form of a mathematical expression for correct analysis and results of the given problem

Given is that the average rate of change of the function f(x) on the interval -2 is less than or equal to [x] which is less than or equal to 4 is -3.5.

In the range of {- 2 ≤ x ≤ 4}, the rate of change of f(x) is -3.5. This means we can write -

r = {f(4) - f(-2)}/(4 + 2)

f(4) = 11 and [r] = - 3.5. So, we can write -

- 3.5 = {11 - f(-2)}/6

11 - f(-2) = -3.5 x 6

11 - f(-2) = - 21

f(-2) = 11 + 21

f(-2) = 32

Therefore, the value of the function f(x) at x = - 2 is equivalent to 32.

To solve more questions on functions, expressions and polynomials, visit the link below -

brainly.com/question/17421223

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Mr. Howard lost money on his investments at a rate of $7 per day. Which expression shows how much money he lost over the course of 5 days?

Answers

Answer:

7 x 5 = 35 or the amount lost

Step-by-step explanation:

Jamal wants to subtract 16-7. First he subtract 16-6 then he subtracts 1 why will he get the correct answer

Answers

Step-by-step explanation: He will get the answer correct because if you add the 6 & 1 together it equals Seven. Seven was the original number that was supposed to be subtracted from 16.

Sorry if I didnt help

I can't find the right answer

Answers

Answer:

x^2 ≥ 4

Step-by-step explanation:

[tex]x^2\ge \:4\\\\\mathrm{For\:}u^n\:\ge \:\:a\\\mathrm{,\:if\:}n\:\mathrm{is\:even}\mathrm{\:then\:}u\:\le \:\:-\sqrt[n]{a}\:or\:u\:\ge \sqrt[n]{a}\\\\x\le \:-\sqrt{4}\quad \mathrm{or}\quad \:x\ge \sqrt{4}\\\\\sqrt{4}=2\\\\x\le \:-2\quad \mathrm{or}\quad \:x\ge \:2[/tex]

Answer:

A

You can take the square root of the inequality x^2<4, which will make it x< plus or minus 2 (x<2, x<-2)

You know it is this answer because, the sign cannot be greater than or equal to since the circles aren't filled, and if you solve the other inequality, the answer you get does not match.

Hope this helps!! :)

Simplify the expression: (4x2 - 3x + 1) - (3x2 - 5x + 4)

Answers

Answer:

x² + 2x - 3

Step-by-step explanation:

Step 1: Write expression

(4x² - 3x + 1) - (3x² - 5x + 4)

Step 2: Distribute negative

4x² - 3x + 1 - 3x² + 5x - 4

Step 3: Combine like terms (x²)

x² - 3x + 1 + 5x - 4

Step 4: Combine like terms (x)

x² + 2x + 1 - 4

Step 5: Combine like terms (constants)

x² + 2x - 3

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