Suppose Fatima went to buy a $25,000 car and wanted to own it after 5 years. If she got a
4.7% interest rate, what is her monthly payment?

Answers

Answer 1

Therefore, Fatima's monthly payment would be $460.23.

What is interest?

Interest is the amount of money that is charged by a lender to a borrower for the use of money or a loan. It is usually calculated as a percentage of the principal amount (the amount of money borrowed) and can be either simple or compound, depending on the type of loan. Interest is typically paid by the borrower to the lender over a set period of time, such as monthly, quarterly, or annually. The interest rate can be fixed or variable, and is determined by a variety of factors including the borrower's creditworthiness, the amount of the loan, and the length of the repayment period.

Here,

To calculate the monthly payment for a car loan, we need to use the formula:

M = P [ i(1 + i)ⁿ] / [ (1 + i)ⁿ – 1]

Where:

M = monthly payment

P = principal (the amount of the loan)

i = monthly interest rate (annual interest rate divided by 12)

n = number of months

First, we need to calculate the monthly interest rate:

i = 4.7% / 12

= 0.003917

Next, we need to calculate the number of months:

n = 5 years x 12 months/year

= 60 months

Now, we can plug in the values and solve for M:

M = 25,000 [ 0.003917(1 + 0.003917)⁶⁰ ] / [ (1 + 0.003917)⁶⁰ – 1]

M = $460.23 (rounded to the nearest cent)

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Related Questions

Which unit of measure would be appropriate for the area of a picture that is
20 centimeters tall and 15 centimeters wide?
A. Meters
B. Cubic centimeters
C. Square centimeters
D. Centimeters

Answers

Answer:

C:  Square centimeters

Step-by-step explanation:

We are measuring length here, not volume, so recognize that this fact eliminates Answer B.  The area of a rectangle, such as this picture is, is A = Length * Width, measured in (cm)(cm), or C:  Square centimeters.

Square Centimeters is the right answer

The National Highway Traffic Safety Administration reported the percentage of traffic accidents occurring each day of the week. Assume that a sample of accidents provided the following data. Sunday= 64, Monday=53, Tuesday=55, Wednesday=49, Thursday=55, Friday=68, Saturday=76. Conduct a hypothesis test to determine if the proportion of traffic accidents is the same for each day of the week. What is the -value? Compute the value of the test statistic (to 3 decimals).

Answers

Answer:

Hence,

a)

Test statistic \(X^{2}\) = 9.269.  

p value = 0.148

b)

Sunday=  15.23%, Monday= 12.62%, Tuesday= 13.10%, Wednesday=11.67%,

Thursday= 13.10%, Friday= 16.19%, Saturday= 18.09%.

Step-by-step explanation:

a)

                    relative observed    Expected       Chi square

Category   frequency(p)      \(O_{i}\)    Ei=total*p    \((O-E)^{2}\) \(R^{2}_{i} =(O_{i} -E_{i} )^{2} /E_{i}\)

     1           0.142857143      64.0         60.00    16.00          0.267

    2           0.142857143      53.0       60.00     49.00         0.817

    3           0.142857143      55.0         60.00     25.00        0.417

    4           0.142857143      49.0       60.00     121.00        2.017

    5           0.142857143      55.0         60.00     25.00        0.417

    6           0.142857143      68.0         60.00     64.00        1.067

    7           0.142857143      76.0         60.00    256.00        4.267

  Total         1.000      420        420             556       9.269

Test statistic \(X^{2}\) = 9.269.  

p value = 0.148 from excel: chidist(9.269,6)  

b)

Percentage %= Frequency of traffic occur on category x 100 / Total number of frequency given.

Category          Percentage%

Sunday                   15.23%

Monday                    12.62%

Tuesday                   13.10%

Wednesday           11.67%

Thursday           13.10%

Friday                   16.19%

Saturday                   18.09%

Find the volume of the pyramid. Round to the nearest tenth if necessary.

Find the volume of the pyramid. Round to the nearest tenth if necessary.

Answers

168 yds i’m pretty sure sorry if i’m wrong

prove that there exist only five regular polyhedron​

Answers

To prove that there are only these five regular polyhedra, we can consider Euler's polyhedron formula, which states that for any convex polyhedron, the number of vertices (V), edges (E), and faces (F) satisfy the equation V - E + F = 2.

Proving there exist Five Regular Polyhedron

The five regular polyhedra, also known as the Platonic solids, are the only convex polyhedra where all faces are congruent regular polygons, and the same number of polygons meet at each vertex.

The five regular polyhedra are:

1. Tetrahedron: It has four triangular faces, and three triangles meet at each vertex.

2. Cube: It has six square faces, and three squares meet at each vertex.

3. Octahedron: It has eight triangular faces, and four triangles meet at each vertex.

4. Dodecahedron: It has twelve pentagonal faces, and three pentagons meet at each vertex.

5. Icosahedron: It has twenty triangular faces, and five triangles meet at each vertex.

To prove that there are only these five regular polyhedra, we can consider Euler's polyhedron formula, which states that:

"for any convex polyhedron, the number of vertices (V), edges (E), and faces (F) satisfy the equation V - E + F = 2".

For regular polyhedra, each face has the same number of sides (n) and each vertex is the meeting point of the same number of edges (k). Therefore, we can rewrite Euler's formula for regular polyhedra as:

V - E + F = 2  

=>  kV/2 - kE/2 + F = 2  

=>  k(V/2 - E/2) + F = 2

Since each face has n sides, the total number of edges can be calculated as E = (nF)/2, as each edge is shared by two faces. Substituting this into the equation:

k(V/2 - (nF)/2) + F = 2  

=>  (kV - knF + 2F)/2 = 2  

=>  kV - knF + 2F = 4

Now, we need to consider the conditions for a valid polyhedron:

1. The number of faces (F), edges (E), and vertices (V) must be positive integers.

2. The number of sides on each face (n) and the number of edges meeting at each vertex (k) must be positive integers.

Given these conditions, we can analyze the possibilities for different values of n and k. By exploring various combinations, it can be proven that the only valid solutions satisfying the conditions are:

(n, k) pairs:

(3, 3) - Tetrahedron

(4, 3) - Cube

(3, 4) - Octahedron

(5, 3) - Dodecahedron

(3, 5) - Icosahedron

Therefore, there exist only five regular polyhedra.

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Ian and Keith make extra money in the summer picking strawberries. Yesterday, they picked 384 pounds of strawberries altogether. Ian is more experienced and picked 3 times as many pounds as Keith. How many pounds of strawberries did Keith pick yesterday?

Answers

Keith Picked 96 strawberries
Ian and Keith make extra money in the summer picking strawberries. Yesterday, they picked 384 pounds

calculating area of cylinder pls help x

calculating area of cylinder pls help x

Answers

Hello here is the answer for the cylinder :)

A) 707cm²
B) 3015cm ²
C) 32cm

Help please this is pre calculus

Help please this is pre calculus

Answers

Answer:

5pi/12

105 degrees

Step-by-step explanation:

I can help with the first 2 too many answers in one will get my answer deleted

7pi/12  x 180/pi

7x15=105

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Help please this is pre calculus

For what value of A is the function, (x), continuous at x=0?

For what value of A is the function, (x), continuous at x=0?

Answers

(i)  \(\lim_{x \to \frac{\pi^-}{2}}\) h(x) = 3

(ii) \(\lim_{x \to \frac{\pi^+}{2}}\) h(x) = -1

(iii) h(0) = 1/7

The value of λ must be 7, for h(x) to be continuous at x = 0.

The given function is,

h(x) = 1/7, when x = 0

      = 1 - 2 cos 2x, when x < π/2

      = 1 + 2 cos 2x, when x > π/2

      = x cos x/sin λx, when x < 0

Now,

(i) \(\lim_{x \to \frac{\pi^-}{2}}\) h(x) = \(\lim_{x \to \frac{\pi^-}{2}}\) (1 - 2 cos 2x) = 1 - 2 cos π = 1 + 2 = 3

(ii) \(\lim_{x \to \frac{\pi^+}{2}}\) h(x) = \(\lim_{x \to \frac{\pi^+}{2}}\) (1 + 2 cos 2x) = 1 + 2 cos π = 1 - 2 = -1

(iii) h(0) = 1/7

Since the function is continuous at x = 0, so

\(\lim_{x \to 0}\) h(x) = h(0)

\(\lim_{x \to 0}\) x cos x/sin λx = 1/7

\(\lim_{x \to 0}\) cos x.\(\lim_{x \to 0}\) 1/λ(sinλx/λx) = 1/7

1/λ = 1/7

λ = 7

Hence the value of λ must be 7.

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Write an algebraic expression to represent the situation. 3 times the sum of m and 7. *

Answers

Answer:

3(m+7)

Step-by-step explanation:

solution,

3 times

the sum of m amd 7

= 3(m+7)

Answer:

its 3 x (m + 7)

Step-by-step explanation:

sue me if im wrong

What is the probability that both events will occur? Two dice are tossed. Event A: the first die is a 5 or 6. Event B: The second die is not a 1

What is the probability that both events will occur? Two dice are tossed. Event A: the first die is a

Answers

Answer: The probability that both events A and B will occur is 5/18 or 0.28.

Step-by-step explanation:

To determine the probability that both events A and B will occur, we need to calculate the probabilities of each event separately and then multiply them together.

Event A: The probability of rolling a 5 or 6 on the first die is 2 out of 6 (since there are two favorable outcomes out of six possible outcomes on a fair six-sided die). Therefore, the probability of event A is 2/6 or 1/3.

Event B: The probability of not rolling a 1 on the second die is 5 out of 6 (since there are five favorable outcomes out of six possible outcomes). Therefore, the probability of event B is 5/6.

To find the probability that both events A and B occur, we multiply the probabilities:

Probability(A and B) = Probability(A) * Probability(B) = (1/3) * (5/6) = 5/18.

The measure of an angle is 166º. What is the measure of its supplementary angle?

HELP PLZZ

Answers

Answer:

14

Step-by-step explanation:

To make 166 a supplementary angle you should add 14 because supplementary angles equal 180.

Answer:

14

Step-by-step explanation:

Supplementary angles add to 180 degrees.

Let x be the unknown supplement

x+166 = 180

x+166-166 = 180-166

x =14

The unknown supplement is 14


A salesperson increases the amount of sales, in dollars,each quarter by 15%. If the salesperson has $45,000 in sales in the 1st quarter, what is the
amount of total sales by the end of the 4th quarter, to the nearest cent?

Answers

Using an exponential function, it is found that the amount of total sales by the end of the 4th quarter is of $224,671.875.

What is an exponential function?

An increasing exponential function is modeled by:

\(A(t) = A(0)(1 - r)^t\)

In which:

A(0) is the initial value.r is the growth rate, as a decimal.

In this problem, the parameters are r = 0.15 and A(0) = 45000.

Then:

For the first quarter, A(0) = 45000.For the second, A(1) = 45000(1.15) = 51720.For the third quarter, A(2) = 45000(1.15)² = 59512.5.For the fourth quarter, A(3) = 45000(1.15)³ = 68439.375

Then, the total amount is:

T = A(0) + A(1) + A(2) + A(3) = 45000 + 51720 + 59512.5 + 68439.375 = $224,671.875.

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Solve the following quadratic inequality x^2+x-6>0

Answers

Answer:

x < -3 or x > 2

Step-by-step explanation:

x² + x - 6 > 0

Convert the inequality to an equation.

x² + x - 6 = 0

Factor using the AC method and get:

(x - 2) (x + 3) = 0

If any individual factor on the left side of the equation is equal to 0, the entire expression will be equal to 0.

x - 2 = 0

x = 2

x + 3 = 0

x = -3

So, the solution is x < -3 or x > 2

How many millimeters are in 1 meter? Use the metric table to help answer the question.

Metric Table
kilo-
hecto-
deka-
unit
deci-
centi-
milli-
1,000
100
10
1
0.1
0.01
0.001
0.01 millimeters
0.1 millimeters
100 millimeters
1,000 millimeters

Answers

Answer:  1,000 millimeters

The prefix "milli" means "thousandth". One thousandth of a meter is a millimeter (mm). So it takes 1000 mm to form a full meter.

Solve for p.
Y=1/7pk
P=?

Answers

24 is p which is pretty obvious

I got 445.1 as the answer because it says round to the nearest tenth so 446 is wrong. is 445.1 right ?

Answers

Answer:

yes your correct

Step-by-step explanation:

Write the quadratic equation whose roots are -6 and -1, and whose leading coefficient is 2.

Answers

Answer:

Y= 2x^2+14x+12

Explaination:

When it gives you the roots you can automatically change the sign and put them with the x in factors such as

y = (x+6)(x+1)

Then you put the leading coefficient of 2

y = 2(x+6)(x+1)

Then to get it in standard form you distribute the parenthesis the the 2 to get:

Y= 2x^2+2x+12x+12

Combine like terms and you'll answer will be

Y= 2x^2+14x+12

What is the answer to this and what’re the steps

What is the answer to this and whatre the steps

Answers

Given:

Force is inversely proportional to the length.

That is,

\(\begin{gathered} F\infty\frac{1}{L} \\ F=\frac{k}{L}\ldots\ldots\ldots(1) \end{gathered}\)

If F=50 pounds then L=9 inches.

So,

\(\begin{gathered} 50=\frac{k}{9} \\ k=450\ldots\ldots\ldots(2) \end{gathered}\)

Substitute (2) in (1) we get,

\(F=\frac{450}{L}\)

To find the length when F=20 pounds

\(\begin{gathered} 20=\frac{450}{L} \\ L=\frac{450}{20} \\ L=22.5 \end{gathered}\)

Hence, the answer is 22.50 inches.

slope (-9 , 3) (-1, 1)

Answers

Answer:

look at the photo

...................................

slope (-9 , 3) (-1, 1)

Answer:

-1/4

Step-by-step explanation:

(-9.3) when looking at points writen in this format, the first number is x and the second is y, (x,y)

so
(-9,3) and (-1,1)
to get from the first point to the second, you move right 8 (-9 to -1) and down 2 (3 to 1)
when writing the slope you put the change in y (-2) on the top, and the change in x (8) on the bottom

-2/8 → -1/4

the formula is
(y2 - y1) / (x2 - x1)

¿Que oración numerica se puede usar para Verificar la respuesta 48 +=6? ​

Answers

Answer:

La oración numérica para verificar la respuesta 48 + = 6 sería: 48 + 6 = 54.

Step-by-step explanation:

A book is bought for 350 and sold for R490. Calculate the percentage profit.​

Answers

well, the profit is clearly just 490 - 350 = 140.

Now, if we take 350(origin amount) to be the 100%, what is 140 off of it in percentage?

\(\begin{array}{ccll} Amount&\%\\ \cline{1-2} 350 & 100\\ 140& x \end{array} \implies \cfrac{350}{140}~~=~~\cfrac{100}{x} \\\\\\ \cfrac{5}{2} ~~=~~ \cfrac{100}{x}\implies 5x=200\implies x=\cfrac{200}{5}\implies x=40\)

100 points will mark brainliest
screenshots attached below
please no trollling

100 points will mark brainliestscreenshots attached belowplease no trollling
100 points will mark brainliestscreenshots attached belowplease no trollling

Answers

Graphs 1, 2, and 3 have no solution, one solution, and infinitely many solutions. And the system 1, 2, and 3 is solved by the elimination method, elimination method, and substitution method respectively.

What is the linear system?

A linear system is one in which the parameter in the equation has a degree of one. It might have one, two, or even more variables.

The graphs and system of the linear equations are shown.

Graph 1 represents the no solution because the lines are parallel.

Graph 2 represents the one solution because the lines are intersecting.

Graph 3 represents the infinitely many solutions because the lines are coincident.

System 1 can be solved by the elimination method because the coefficient of y is equal but opposite in sign.

System 2 can be solved by the elimination method because the coefficient of y is equal.

System 3 can be solved by the substitution method because the variable x is separated already.

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The humidity is currently 56% and falling at a rate of 4 percentage points per hour. (a) Estimate the change in humidity over the next 20 minutes. (Round your answer to one decimal place.) -1.4 Incorrect: Your answer is incorrect. percentage points

Answers

Answer:

The change is of -1.3 percentage points.

Step-by-step explanation:

The humidity is currently 56% and falling at a rate of 4 percentage points per hour.

This means that after n hours the humidity is of:

\(H(n) = 56 - 4n\)

Estimate the change in humidity over the next 20 minutes.

It currently is 56%.

20 minutes is 20/60 = 1/3 of an hours, so:

\(H(\frac{1}{3}) = 56 - 4\frac{1}{3} = 54.7\)

Change:

54.7 - 56 = -1.3

The change is of -1.3 percentage points.

The change in humidity over the next 20 minutes falling at a rate of  4 percentage points per hour is -1.3.

The humidity is currently 56% and falling at a rate of 4 percentage points per hour.

What is the formula used to determine the change in humidity?

The change is determined by the small about of humidity changes x to x+h, so the output of x+h is the value of f at x plus the approximate change in f, that is

\(\rm f(x+h) =f(x) + f'(x) \times h\)

f(x)= 56%

20 minutes is 20/60 = 1/3 of an hours

So, The change in humidity is

\(f'(x) = 4 \times 1/3\)

f'(x) = 1.3

Here, it is falling at the rate of 4% point per hour so we will take it as negative as -1.3.

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52.8 ounces of lemonade for a total of 26.40 what's the unit price

Answers

The unit price of the lemonade is $0.50 per ounce.

How to find the unit price?

It can determine the unit price, we need to divide the total cost by the quantity purchased.

Unit price = total cost/quantity

In mathematics, divides left-hand operands into right-hand operands in the division operation. The primary purpose of the division is to generate equal groupings or to determine how many people are in each category after a fair distribution.

For example 4/2 = 2

As per the question, the total cost is $26.40 and the quantity is 52.8 ounces.

Unit price = 26.40 / 52.8

Apply the division operation, and we get

Unit price = 0.50

Therefore, the unit price of the lemonade is $0.50 per ounce.

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All seniors voted for this year's prom theme. The bar graph below shows the distribution of responses of which theme each student selected. Is there a problem with the way the data are displayed in the bar graph?

All seniors voted for this year's prom theme. The bar graph below shows the distribution of responses

Answers

Answer:

yes there is a problem

Step-by-step explanation:

The ranking should start from 0 n u can see its started from5

Answer:

(A) Yes, the vertical axis should begin at 0, not at 5.

Step-by-step explanation:

I just took the AP Stat Unit test on Edg2022 and got 100%.

When the vertical axis does not start at 0, it makes the graph look misleading.

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A cell phone company’s average cost for producing cell phones is modeled by the equation y= 30,000+120x/x where y is the average cost per cell phone. For how many cell phones, x, will the average cost per cell phone be $150?

Answers

x = 1000, will have the average cost per cell phone be $150.

What is the average cost?

Average Cost is the manufacturing cost determined by dividing Total Cost (TC) by Total Output (TO) (Q).

Here, we have

Given:

A cell phone company’s average cost for producing cell phones is modeled by the equation y= 30,000+120x/x where y is the average cost per cell phone.

We have to find how many cell phones x, will the average cost per cell phone be $150.

To solve for x, we can rearrange the equation to solve for x:

y = 30000 + 120x/x

Isolating x on one side of the equation gives:

x = 30000/(y - 120)

Substituting y = 150 into this equation gives:

x = 30000/(150 - 120)

This simplifies to:

x = 30000/30

Which simplifies to:

x = 1000

Hence, x = 1000, will have the average cost per cell phone be $150.

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XZ is the perpendicular bisector of segment WY. Solve for m. Enter a NUMBER only.

XZ is the perpendicular bisector of segment WY. Solve for m. Enter a NUMBER only.

Answers

Answer:

  m = 20

Step-by-step explanation:

You want the value of m when (4m +10)° represents an angle of 90°.

Equation

The perpendicular bisector XZ intersects segment WY at right angles. The measure of a right angle is 90°, so we have ...

  (4m +10)° = 90°

Solution

Dividing by ° and subtracting 10 gives ...

  4m +10 = 90

  4m = 80

  m = 20 . . . . . . divide by 4

The value of m is 20.

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A charity raffle prize is $1,000. The charity sells 4,000 raffle tickets. One winner will be selected at random. At what ticket price would a ticket buyer expect to break even

Answers

Answer:

0.25

Step-by-step explanation:

Given that :

Charity raffle price = $1000

Amount of ticket sold = 4000

Only one winner is to be selected ;

Point ticket buyer is expected to break even :

Probability of winning = 1 / number of ticket sold = 1 / 4000 = 0.00025

P(winning) * raffle price = 0.00025 * 1000 = 0.25

looking for the domain and range

looking for the domain and range

Answers

Answer:

Domain: x ≥ -2

Range: y ≥ -4

Step-by-step explanation:

Since the dot is filled in, it means that the values of domain and range will be greater than or equal. The domain is represents all the values of x, and range is of y, shown in the graph. The smallest value of x is -2, and it continues to the right, increasing. The smallest value of y is -4, and it continues its way up, also increasing.

Answer this equation 3(2-4d)-9dx43((2+4-34.2

please answer incorrectly

Answers

Answer:

12+ 23734.9d That's the incorrect answer.

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