Chris bought a new car for 12,500 he made 3,000 down payment and financed the rest for 14.5% for 36 months for 3 years how much less would his total be for same loan 24 months 2 years

Answers

Answer 1

The  difference in total loan repayments between the two mortgage payment option is 771.12

The requirement here is to determine the difference between total loan repayments when the period of loan is 36 months and the total repayments when the period of loan is 24 months instead.

Note the loan amount is the excess of  purchase price over the down payment required.

loan amount=12,500-3,000

loan amount=9,500

The monthly payment in each case can be determined using the present value formula of an ordinary annuity.

PV=monthly payment*(1-(1+r)^-N/r

36-month loan month payment

PV=loan amount=9,500

monthly payment=X

r=monthly interest rate=14.5%/12=0.0120833333333333

N=number of monthly payments=36

9,500=X*(1-(1+0.0120833333333333)^-36/0.0120833333333333

9,500=X*(1-(1.0120833333333333)^-36/0.0120833333333333

9,500=X*(1-0.6489543809903260)/0.0120833333333333

9,500=X*0.3510456190096740/0.0120833333333333

9,500=X*29.0520512283869000

X=9,500/29.0520512283869000

X=327.00

Total month repayments=327.00*36

Total month repayments=11,772.00

24-month loan month payment

PV=loan amount=9,500

monthly payment=X

r=monthly interest rate=14.5%/12=0.0120833333333333

N=number of monthly payments=24

9,500=X*(1-(1+0.0120833333333333)^-24/0.0120833333333333

9,500=X*(1-(1.0120833333333333)^-24/0.0120833333333333

9,500=X*(1-0.7495652524008220/0.0120833333333333

9,500=X*0.2504347475991780/0.0120833333333333

9,500=X*20.7256342840700000

X=9,500/20.7256342840700000

X=458.37

Total month repayments=458.37*24

Total month repayments=11,000.88

Difference in total payments=11,772.00-11,000.88

Difference in total payments=771.12

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Answer 2

Answer:

just 771.21

Step-by-step explanation:

to make it shorter credits to the og person who said the awnser 771.21


Related Questions

Write -3/12 as a mixed number in reduced form.

Answers

[tex]\huge\text{Hey there!}[/tex]

[tex]\huge\textbf{Equation:}[/tex]

[tex]\mathsf{-\dfrac{3}{12}}[/tex]

[tex]\huge\textbf{Simplify:}[/tex]

[tex]\mathsf{-\dfrac{3}{12}}[/tex]

[tex]\mathsf{= \dfrac{-3\div 3}{-12\div3}}[/tex]

[tex]\mathsf{= -\dfrac{1}{4}}[/tex]

[tex]\huge\textbf{Therefore, your answer should be:}[/tex]

[tex]\huge\boxed{\frak{- \dfrac{1}{4}}}\huge\checkmark[/tex]

[tex]\huge\text{Good luck on your assignment \& enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

a weather balloon is released and reaches a maximum altitude of 5000 meters.A week later, the balloon is recovered at 3750 metwrs. What was the change in altitude between the maximum height and the height at which the balloon was recovered

Answers

The change in altitude between the maximum height and the height at which the balloon was recovered is 1300 meters

How to determine the change

It is important to note that the maximum height is the peak altitude the balloon reached

To find the difference, we use the formula

Change = Maximum height - recovery height

Maximum height = 5000 meters

Recovery height = 3700 meters

Substitute the values

Change = 5000 - 3700

Change = 1300 meters

Thus, the change in altitude between the maximum height and the height at which the balloon was recovered is 1300 meters

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Graph the line. y = -1/5x-5 Both points y and x​

Answers

Answer:

connect the dots (0, -5) and (5, -10).

This is worth 33 POInTS PLEASE HELP

Answers

The maximum amount of water that can be used by each house on a daily basis is 100 liters.

Equation

Common utilities in the community = 500 litersNumber of houses = 40 housesCapacity of water tank = 4,500 litersWater used per house = x

4,500 = 500 + 40x

4,500 - 500 = 40x

4,000 = 40x

x = 4,000 / 40

x = 100 liters

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What are the values of a₁ and r of the geometric series?
2-2+2-2+2
O
a₁ = 2 and r=-2
O a₁ = -2 and r = 2
O
a₁ = -1 and r = 2
a₁ = 2 and r=-1

Answers

Answer:

Step-by-step explanation:

Therefore, the values of

a

1

and r are 2 and -1, respectively.

The values of a₁ and r of the geometric series are 2 and -1 respectively.

What is Geometric Sequence?

Any term divided by the preceding term is a constant in a geometric series. The common ratio of the sequence is the name given to this constant. Any term in the sequence can be divided by the prior term to determine the common ratio.

We have the series 2, -2, 2, -2, ......

Here, The first term is 2.

and, the Common Ratio = -2 / 2

                                        = 2/(-2)

                                         = -1

So, the first term is 2 and r is -1.

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An object moves in simple harmonic motion with period 6 seconds and amplitude 7cm. At time t=0 seconds, its displacement d from rest is -7cm, and initially it moves in a positive direction.

Give the equation modeling the displacement d as a function of time t.

Answers

The equation modeling the displacement 'd' as a function of time  is d (t) = 7 sin ( 3π t)

What is simple harmonic motion?

Simple harmonic motion can be defined as a periodic motion of a point in a straight line, such that its acceleration is towards a fixed point and is proportional to its distance from that point to the line.

It is derived from the projection to the axis of a circle of a point in constant speed on the circumference

Displacement is represented thus;

d ( t ) = A sin⁡ ( 2 π f t )

T = 1/f

Where,

d is the displacement A is the amplitude = 7cmT is the period = 6 seconds

Note that there is no phase shift

d (t) = 7 sin ( 2π × 1/ 6 t)

d (t) = 7 sin ( 2π/6 t)

d (t) = 7 sin ( 3π t)

Thus, the equation modeling the displacement 'd' as a function of time  is d (t) = 7 sin ( 3π t)

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16) Write the scientific notation.
5.5 billion

Answers

10^9x5.5
So basically it’s like your just adding the zeros at the end except this preference as opposed to seeing all those zeros so scientists chose this method .

Here is the question in the image

Answers

The coordinates of the edges of the mini-solar cooker are (x₁, y₁) = (0, - 60) and (x₂, y₂) = (0, 60).

The distance between the two edges is 120 centimeters.

The equation for the parabolic mirror is x + 32 = (2/225) · y².

How to analyze a parabolical mini-solar cooker

Herein we must understand the geometry of the design of the mini-solar cooker to determine all needed information. The y-coordinates of the edges of the cooker are determined by Pythagorean theorem:

[tex]y = \pm \sqrt{(68\,cm)^{2}-(32\,cm)^{2}}[/tex]

y = ± 60

The coordinates of the edges of the mini-solar cooker are (x₁, y₁) = (0, - 60) and (x₂, y₂) = (0, 60). The distance between the two edges is 120 centimeters.

Lastly, the equation of the parabolic mirror can be determined based on the equation of the parabola in vertex form:

x - h = C · (y - k)²     (1)

Where:

h, k - Coordinates of the vertex

C - Vertex constant

If we know that (h, k) = (- 32, 0) and (x, y) = (0, 60), then the vertex constant of the equation of the parabola is:

0 + 32 = C · 60²

C = 2/225

Then, the equation for the parabolic mirror is x + 32 = (2/225) · y².

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40°
87°

Q
Image not to scale
38°
Calculate the missing internal angle x.

Answers

Q = 87 + 40

Q = 127

X + 127 + 38 = 180

X = 180 - 127 - 38

X = 15

Therefore we say X is 15

Hence, the missing internal angle is [tex]15[/tex].

What is the angle?

An angle is the figure formed by two rays, called the sides of the angle, sharing a common endpoint, called the vertex of the angle. Angles formed by two rays lie in the plane that contains the rays.

Angles are also formed by the intersection of two planes. These are called dihedral angles.

Here given that,

[tex]Q = 87 + 40Q = 127X + 127 + 38 = 180X = 180 - 127 - 38X = 15[/tex]

Hence, the missing internal angle is [tex]15[/tex].

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19. For which of the following values of x is the function
f(x)=√4-x2 NOT defined as a real number?
[square root]
A. -2
B. 0
C. 2
D. 4

Answers

Answer:

D. 4

Step-by-step explanation:

[tex]\sqrt{2-\left( 4\right)^{2} } =\sqrt{2-16} =\sqrt{-12}[/tex]

since ,√(-12) is not a real number

Then

The function f is not defined for x = 4

Answer:

D. 4

Step-by-step explanation:

thank you for your help 4 was the correct answer took the test and got it right

What is the distance between point (3, 2) and line
1
y=-x-9
4
Select the best answer from the cholces provided.
OA.
OB. 41
√5
O C.
41
√17
O D.
13
2
2
√17

Answers

The distance between the coordinate point (3, 2) and line y = ¹/₄x - 9 is; 10.25 units

How to find the distance between a line coordinate?

We want to find the distance between the coordinate point (3, 2) and line y = ¹/₄x - 9.

Thus, we will plug in 3 for x in the line equation given to get;

y = ¹/₄(3) - 9

y = 0.75 - 9

y = -8.25

Thus, we can say that point on the line is (3, -8.25)

The difference in y-values would give us the required distance;

Required distance = -8.25 - 2

Required distance = -10.25

However distance cannot be negative and so we will take the absolute value as 10.25 units.

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Divide. (7x − 6x^2 + x^3 − 1) ÷ (x − 1)

Answers

Hope that helps...........................

An equestrian club orders magazine subscriptions for new members.
Last year they had 32 new members and spent $624 on subscriptions.
Use the equation 32m = 624 to find the cost of each subscription.

Answers

Answer:

19.50

Step-by-step explanation:

32m = 624

m = 19.50

need more words

The quantities xxx and yyy are proportional. xxx yyy 777 353535 121212 606060 202020 100100100 Find the constant of proportionality (r)(r)left parenthesis, r, right parenthesis in the equation y=rxy=rxy, equals, r, x. r =r=r, equals

Answers

The constant of proportionality of our given tables is; 5.

How to find the constant of Proportionality?

We are given that x and y are proportional, and this means that:

y = r*x

where;

r is the constant of proportionality.

We are given the table;

x    y

7    35

12   60

20   100

Now, we can replace those values in our equation and get, for the first pair: 35 = r*7

r = 35/7 = 5

For the second pair:

60 = r*12

60/12 = r

r = 5

Thus, we can conclude that the constant of proportionality is 5.

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Answer: 3

Step-by-step explanation:

Write the equation in slope-intercept form of the line that has slope
3 and y-intercept (0,1)

Answers

Answer:

y = 3x + 1

Step-by-step explanation:

The formula for equation of a line in slope intercept form is;

y = mx + c

Where;

m is slope

c is y-intercept

Now, since we have coordinates, we will get the equation as;

(y - y1)/(x - x1) = m

(y - 1)/(x - 0) = 3

y - 1 = 3x

y = 3x + 1

A university is interested in whether there's a difference between students who live on
campus and students who live off campus with respect to absenteeism. Over one
semester, researchers take random samples of on-campus and off-campus students and
record the following number of missed classes over a semester:
 On-campus: (3, 4, 0, 6, 2, 1, 3, 3, 5, 2, 4, 4, 6, 5, 2)
 Off-campus: (6, 5, 2, 6, 2, 0, 7, 8, 1, 7, 2, 6, 5, 3, 2)
A. Would we use a t confidence interval or a z confidence interval to determine
whether there's a significant difference between the two groups? What are
the conditions for using this kind of confidence interval? Do these data meet
the necessary conditions? Use sketches of modified box-and-whisker plots to
support your decision. (2 points)
B. What are the degrees of freedom (k) for this test using the conservative
method? (Hint: Don't pool and don't use your calculator.) (1 point)
C. What are the sample statistics for this test? Consider on-campus students to
be sample one and off-campus students to be sample two. (2 points)
D. Compute a 95% confidence interval for the difference between the number of
classes missed by each group of students. (2 points)
E. Compute a 90% confidence interval for the difference between the number of
classes missed by each group of students. (2 points)
F. Based on the two confidence intervals you computed in parts d and e, draw a conclusion about the differences between the means of the two groups.

Answers

It is to be noted that the determination of whether or not there is a significant difference between the two groups will be done using a t test.

What is a t test?

A t-test is a statistical test that juxtaposes two samples' means. It is used in hypothesis testing, using a null hypothesis that the variance in group means is zero and an alternative hypothesis that the difference is not zero.

What are the conditions for using this kind of confidence interval?

The conditions to use the t test are:

The sample must be independentThe mean of the population and variance must be unknown.The Box plot is attached.

What are the degrees of freedom (k) for this test using the conservative method?

The degrees of freedom (k) to be utilized for this text will be derived using the conservative method given below:

df = [(s₁²/n₁) + (s₂²/n²)/[((s₁²/n₁)²/((n₁-1)) + (s₂²/n₂)²/((n₂-1))]

= [(3.0952/15) + (6.4095/15)]² / [((3.0952/15)²/14) + ((6.4095/15)²/14)]

= 24.965

Hence,

df ≈ 24 (if approximated to the floor)

What are the sample statistics for this test?

Recall the the standard deviation of the population are unequal and unknown. This thus requires that we utilize the two-sample unpooled t-test.

Here, H₀ is given as;

[tex]t = \frac{\bar{x_{1} -\bar{x_{2}}}}{\sqrt{\frac{s_{1}^{2} }{n_{1} } + \frac{S_{2}^{2} }{n_{2}} } } \sim t_{df}[/tex]

t = [(3.33333 - 4.13333)]/√[(3.0952/15) + (6.4095/15)]

= - 0.8/√0.6337

t = - 1.005

What is the 95% confidence interval for the difference between the number of classes missed by each group of students?

The 95% confidence interval is computed using the following formula:

[tex](\bar x_{2} - \bar x_{1}) \pm t_\alpha_/_2_,_df \left({\sqrt{\frac{S_{1}^{2} }{n_{1} } + \frac{S_{2}^{2} }{n_{2}} } } \right)[/tex]

= - 0.8 ± t₀.₀₂₅,₂₄ (√0.6337)

= - 0.8 ± 2.064 (√0.6337)

= -2.4429, 0.8429

What is the a 90% confidence interval for the difference between the number of classes missed by each group of students?

To derive the 90% interval, we state:

[tex](\bar x_{2} - \bar x_{1}) \pm t_\alpha_/_2_,_df \left({\sqrt{\frac{S_{1}^{2} }{n_{1} } + \frac{S_{2}^{2} }{n_{2}} } } \right)[/tex]

= - 0.8 ± t₀.₀₅₀,₂₄ (√0.6337)

= - 0.8 ± 0.685 (√0.6337)

= -2.162, 0.562

Based on the two confidence intervals computed in parts d and e, what is the conclusion about the differences between the means of the two groups?

From the intervals computed, we must fail to reject H₀

H₀ : μ₁ = μ₂

It is clear from the above intervals computed from that the differences between the mean of both groups is significant. This is because, zero is included on the two intervals.

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The equation T^2= A^3 shows the relationship between a planets orbital period, T, and the planets mean distance from the sun, A, in astronomical units, AU. if the orbital period of planet Y is twice the orbital period of planet x, by what factor is the mean distance increased?

Answers

The mean distance increased by a factor of 2^(²/₃)

How to find the factor of increase?

The given equation for the relationship between a planet's orbital period, T and the planet's mean distance from the sun, A is;

T² = A³.

Let the orbital period of planet X = T(X).

Let the orbital period of planet Y = T(Y).

Let the mean distance of planet X from the sun = A(X).

Let the mean distance of planet Y = A(Y).

Thus;

A(Y) = 2A(X)

Therefore;

[T(Y)]² = [A(Y)]³ = [2A(X)]^3

However, [T(X)]² = [A(X)]³

Thus;

[T(Y)]² = 2³[T(X)]² * [T(Y)]²/[T(X)]² = 2³T(Y)/T(X) = 2^(³/₂)

That's for orbital period but the mean distance will increase by 2^(²/₃)

Thus we conclude that, the mean distance increased by a factor of 2^(²/₃)

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Answer:

2 Superscript three-halves

Step-by-step explanation:

Edge

I need help with this geometry question asap!

Answers

Answer:

  True

Step-by-step explanation:

Lines in three dimensions can be one of ...

coincidentparallelintersecting (at one point)skew

Coplanar

Lines are coplanar when a plane can be defined that includes the entirety of both of them. In the attached image, lines m₁ and n intersect and both lie in the gray plane. They are coplanar.

Lines m and m₁ are parallel, and both are contained in the turquoise plane. They are coplanar. A plane can always be drawn that will contain a pair of parallel lines. That is, any two parallel lines must be coplanar.

The lines m and n in the figure are skew, non-intersecting and non-parallel. They cannot be contained in a single plane.

__

Additional comment

Three or more parallel lines may not be coplanar. They will only definitely be coplanar when considered in pairs.


lim 1 − cos(2x) /x x→0

Answers

The value of the limit of the function given when the value of x tends to zero is 0

What is a limit of a function?

The limit of a function is a fundamental concept in calculus and analysis concerning the behavior of that function near a particular inputs.

Given the function limit below;

lim x→0 [1 − cos(2x) /x]

Substitute the value of x into the expression to have;

f(0) = 1-cos2(0)/0
f(0) = 1-1/0

f(0) = 0/0 (ind)

Apply the L'hospital rule to have:

lim x→0 [ − (-2sin2x)) /1]

Substitute the value of x into the result

f(0) = 2sin2(0)/1

f(0) = 2(0)

f(0) = 0

Hence the value of the limit of the function given when the value of x tends to zero is 0

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For the inequality y−x>−x2−1, where is the graph shaded and is the curve solid or dotted?

Answers

The curve will be dotted and upper portion of the graph will be shaded.

Inequality expression

Inequality are expressions not separated by an equal sign Given the following inequality

y−x>−x2−1

Equate to zero

y > x^2 + x -1

Since the inequality sign in the given expression is a less than sign, hence the curve will be dotted.

Also, since the inequality sign is a "greater than", hence upper portion of the graph will be shaded.

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y − 6 =3/5(x + 5); (0, 8)

Answers

The equation of a line parallel to the given line and passing through the point (0, 8) is 5y - 3x = 40

Equation of a line

The equation of a line in point-slope form is expressed as;

y - y0 = m(x -x0)

where

m is the slope

(x0, y0) is the point on the line

Given the following parameters

Point (0,8)

Slope from the equation = 3/5

Substitute

y - 8 = 3/5(x - 0)
5(y -8) =3x

5y - 40 = 3x

5y - 3x = 40

Hence the equation of a line parallel to the given line and passing through the point (0, 8) is 5y - 3x = 40

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Find the slope of a line parallel to a line that contains the points (8, -3) and (2, 5).
Select the best answer from the choices provided.
OA
413
OB. 4
O D.
413
3
OC 3
3|4
314

Answers

Answer:

[tex]-\frac{4}{3}[/tex](Your answer choices were really confusing, so I just put the plain answer)

Step-by-step explanation:

To find the slope of a line with just two points, we can use the formula [tex]\frac{y2-y1}{x2-x1}[/tex]. In this case, [tex]\frac{5-(-3)}{2-8}[/tex]. This is [tex]\frac{8}{-6}[/tex]. This reduces to [tex]-\frac{4}{3}[/tex]

Levada borrows $30,900 from her bank to open a florist shop. She agrees to repay the money in 18 months with simple annual interest of 5.5%

Answers

Levada borrows $30,900 from her bank to open a florist shop at rate of 0.98% per month.

How to calculate simple interest amount?

If the initial amount (also called as principal amount) is P, and the interest rate is R% annually, and it is left for T years for that simple interest, then the interest amount earned is given by:

[tex]I = \dfrac{P \times R \times T}{100}[/tex]

It is given that Levada borrows $30,900 from her bank to open a florist shop. She agrees to repay the money in 18 months with simple annual interest of 5.5%.

P = $30,900

T = 18 months

Interest  = 5.5%

Interest rate =  P×R×T

5.5 = 30,900 × R × 18

R = 0.000988

Or, R = 0.98% per month.

The complete question is

"a) How much must she pay the bank in 18 months?"

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You have nine line segments with the lengths of 1, 2, 3, 4, 5, 6, 7, 8, and 9, respectively.
How many ways are there to form a square by connecting the ends of some of these
line segments? No overlapping of the line segments is allowed.

Answers

The number of ways to forma a square by connecting the ends of some of the line segments is 3, 024 ways

What is permutation?

From the given information, we should use the formula for permutation without repetition.

The formula is given as;

Permutation = [tex]\frac{n!}{n -r !}[/tex]

Where n = number of set = 9

r = 4, this is so because, the sides of a square a four

Permutation = [tex]\frac{9!}{9 - 4!}[/tex]

Permutation = [tex]\frac{9!}{5!}[/tex]

Permutation = [tex]\frac{362, 880}{120}[/tex]

Permutation = 3, 024 ways

Thus, the number of ways to forma a square by connecting the ends of some of the line segments is 3, 024 ways

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Find the missing angle and side, A is 25 degrees, C is 90 degrees, and B is 16.

Answers

The missing angle is B = 65° and the missing sides are a ≈ 7.461 and c ≈ 6.762.

How to find all missing sides and angles of the triangle

In this case, we know two angles (A = 25°, C = 90°) and a side of a triangle (b = 16) and Euclidean properties and the law of the sines must be used to find the rest of variables:

B = 180° - A - C

B = 180° - 25° - 90°

B = 65°

a = 16 × (sin 25°/sin 65°)

a ≈ 7.461

c = 16 × (sin 25°/sin 90°)

c ≈ 6.762

The missing angle is B = 65° and the missing sides are a ≈ 7.461 and c ≈ 6.762.

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calendario matematico la necesito ya porfa.

Answers

The common difference based on the sequence given is 15.

How to illustrate the sequence?

It should be noted that the sequence given Isa arithmetic sequence.

The common difference will be the second term minus the first term. This will be:

= 101 - 86

= 15

In conclusion, the difference is 15.

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4. G.CO.10 In the figure below, p ll q. What is the value of x? *
O A. 7
B. 68
C. 59
OD. 44
136
121

Answers

Correct answer is C 59

The measure of the angle x is 77 degrees if two lines are parallel to each other or p ll q option (A) is correct.

What is a perpendicular line?

Lines that intersect at a right angle are named perpendicular lines. Lines that are always the same distance apart from each other are known as parallel lines.

The question is incomplete.

The complete question is in the picture, please refer to the attached picture.

We have two lines that are parallel to each other or p ll q

The angle made by transversal t is 136 degrees

The measure of the other angle = 180 - 136 = 44 degrees

Draw a line parallel to p and q and passes through the intersection point of line t and v

The angle made by the transversal and the line drawn is the same as 44 degrees.

The measure of the other angle = 121 - 44 = 77 degrees

Thus, the measure of the angle x is 77 degrees if two lines are parallel to each other or p ll q option (A) is correct.

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CAB SOMEONE HELP ME ASAP PLS

Answers

A,
The shaded area for yellow is less than 1/5 of a circle, so the answer is the first one.

mrs.kingsleys has 102 inches of ribbon for her crafts she cut the ribbon into 8 pieces of equal length which statment best explains how mrs. kingsley cut the ribbon

Answers

Mrs Kingsley cut the ribbon into a length of 12.75 inches each.

How did Mrs Kingsley cut the ribbon?

Division is the process of grouping a number into equal parts using another number. The sign used to denote division is ÷.

Length of each ribbon = 102 / 8 = 12.75 inches

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Can someone explain how to do this

Answers

The negative solution is -2.21 and positive solution is 12.21

Factorizing quadratic equations

Given the quadratic equation expressed as:

x^2-10x-27 = 0

Find the solution using the general formula

x^2-10x-27 = 0

x = 10±√(10)²-4(1)(-27)/2

x =  10±√100+108/2

x =  10±√208/2

x = 10±14.422/2

Simplify

x = 10+14.422/2 and x = 10-14.422/2

x = 24.422/2 and -4.422/2

x = 12.21 and -2.21

Hence the negative solution is -2.21 and positive solution is 12.21

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