A Chevrolet Sonic Hatchback costs $14,800.00. With a 12 %​ down payment, you can have an amortized loan for 6 years at a rate of 4.5%​. What will the monthly payment be? car cost in total, money paid in interest

Answers

Answer 1

The monthly payment on the amortized loan is $206.74. The car cost in total is $14, 885. 52. The money paid in interest is $1, 861.52.

How to find the monthly payment?

The monthly payment is called an annuity because it is constant and remains the same.

Use the present value of an annuity to find the monthly payment to be:

Loan amount = Monthly payment x Present value interest factor of annuity, period, rate

The period is:
= 6 years x 12

= 72 months

The rate is:

= 4.5% / 12 months a year

= 0.375%

The loan amount is:

= 14, 800 x ( 1 - downpayment)

= 14, 800 x ( 1 - 12%)

= $13, 024

The monthly payment is:

13, 024 = Monthly payment x Present value interest factor of annuity, 72 periods , 0.375%

Monthly payment = 13, 024 / 62.995976235992

= $206.74

The car cost in total is:

= Monthly payment x Number of months

= 206. 74 x 72

= $14, 885. 52

The money paid in interest is:

= Loan amount - Car cost

= 14, 885.52 - 13, 024

= $1, 861.52

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Related Questions

Find the values of the ratios (red to blue) of the perimeter and areas of the similar figures
9 14 (QUICK)

Answers

the ratio of the perimeter is 14/9
the ratio of area is 196/81

The remainder is what’s left when you divide. The part you cannot divide.
You can divide 75 by 3 = 25, so the remainder is 1.

Answers

The dividend with a divisor of 3 that will yeild the quotient 25 with a remainder of 1 is 76.

Dividing a fraction

In division of fractions, we have the divisor which is the denominator, the dividend which is the numerator and then the quotient which is the whole number as the result and sometimes the remainder when the divisor does not divide the dividend exactly.

For us to have a quotient of 25 and a remainder of 1, with the divisor as 3, then the dividend is 76.

Therefore, 76 divided by 3 is equal to 25 with a remainder of 1.

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Answer the questions below.

Answers

The Mean measure should be used to summarize the data in all three problems.

What is the mean?

In mathematics, particularly statistics, there are several types of means. Each mean is used to summarize a specific group of data, often in order to better understand the overall value of a data set.

Generally,

For ratio and interval type of data, we use mean as the central tendency

For the ordinal type of data, we use the median as the central tendency

and For the nominal type of data mode is prefered.

Interval data:- In this type of data point lies in some interval on a scale.

Like temperature in degrees Fahrenheit, it has some range of value on the measurement scale of temperature.

Ratio Data:- It is similar to interval type of data but absolute zero is treated as the point of origin.No negative value

Example:- temperature in kelvin (0 is the origin)

Ordinal data:- It is of categorical type of data that is in the natural order and the distance between the two data is not known.

Example:- How you describe your last purchasing experiences,

1) Very Pleasant 2) Somewhat Pleasant 3) Neutral 4) Somewhat Unpleasant 5) Very Unpleasant.

Nominal data:- In this data is leveled or named without any quantitative value.

Example:- Colour of hair, gender, country, etc.

a)

In part (a) the data is ratio type.

Hence, the Mean is the best central tendency of measurement.

b)

In (b) part also ratio type of data.

Hence, the Mean is the best central tendency of measurement.

C)

In this part, data is of the Interval data.

Hence, the Mean is the best central tendency of measurement.

Therefore, the Mean measure should be used to summarize the data in all three problems.

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CAN SOMEONE HELP WITH THIS QUESTION?✨

Answers

Answer:

x = 148.76

Step-by-step explanation:

tan (37) = 81/x

x = 81/(tan (37)) = measure of "x" from after the height is 81

tan (63) = 81/x

x = 81/(tan (63)) = measurement of "x" from before the height is 81

81/(tan (63)) + 81/(tan (37)) = x

x = 148.76

Convert 36 liters to quartz using unit fractions

Answers

The conversion of 36 liters to quartz using unit fractions is 144 quarts.

How to express the fraction?

A fraction is simply a piece of a whole. The number is represented mathematically as a quotient where the numerator and denominator are split

It is important to note that 1 liter = 4 quarts. Therefore the quarts can be expressed as:

= 1/4l

Therefore the conversion of 36 liters to quarts will be:

= 36 ÷ 1/4

= 36 × 4

= 144' quartz

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1.
In Triangle QRS, A is the midpoint of QR, B is the midpoint of RS, and C is the
Rubric
midpoint of SQ
Also, Q.A = 10, BR = 15, and SQ = 28.
What is the perimeter of triangle ABC?
Use words, number, and/or pictures to show all of your work.

Answers

The perimeter of a triangle is 78 if QA=10. SQ=28, BR=15 and A is the midpoint of QR, B is the midpoint of RS, and C is the midpoint of SQ in triangle QRS.

What is meant by triangle?

In Euclidean geometry, any three non-collinear points define a unique triangle and, at the same time, a unique plane. In other words, the triangle is contained in just one plane, and every triangle is contained in at least one plane. There is just one plane and all triangles are enclosed in it if the entire geometry is merely the Euclidean plane; however, this is no longer true in higher-dimensional Euclidean spaces. Unless otherwise specified, this article is about triangles in Euclidean geometry, specifically the Euclidean plane.

Given,

In triangle QRS,  A is the midpoint of QR, B is the midpoint of RS, and C is the midpoint of SQ

Also given that,

QA=10

BR=15

SQ=28

QA=RA=10

BR=SB=15

Therefore, perimeter of the triangle=RQ+QS+RS

=(RA+QA)+(QS)+(RB+BS)

=(10+10)+(28)+(15+15)

=20+28+30

=78

Hence, the perimeter of a triangle=78

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Substitute the given values into the given formula and solve for the unknown variable. If​ necessary, round to one decimal place.

I=PRT​; I=1920​, P=24,000​, R=0.04 ​(Simple interest​ formula)

T=

Answers

The unknown variable T has a value of T = 2

How to determine the unknown variable?

From the question, we have the following parameters that can be used in our computation:

Formula; I = PRT

The above formula is a simple interest formula, where

I = Simple InterestP = PrincipalR = RateT = Time

Values:

I=1920​, P=24,000​, R=0.04

Substitute I=1920​, P=24,000​, R=0.04 in the equation I = PRT

So, we have

1920 = 24000 * 0.04 * T

Evaluate the products

1920 = 960 * T

So, we have

T = 1920/960

Evaluate

T = 2

Hence, the value is 2


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Val's whole-house central air conditioner uses 2,500 watts when running. Val runs the AC 5 hours per summer day. Electricity costs (12 cents)/(1 kilowatt-hour). How much does Val's AC cost to run for a summer month of 30 days?

Answers

The total cost to run Val’s AC costs for a summer month of 30 days will be $67.5.

What is the unitary method?

The unitary method is a method for solving a problem by the first value of a single unit and then finding the value by multiplying the single value.

Quantity of electricity used in kilowatts is;

1000 watts = 1 kilowatts

2,500 watts = 2.5 kilowatts

Given that Number of hours Val runs AC per day = 5 hours

Number of days = 30 days

Cost of electricity = $0.18 kilowatts per hour

The Cost of Val’s AC to run for a summer month of 30 days can be calculated as;

= Quantity of electricity used × Number of hours Val runs AC per day × Number of days × Cost of electricity

= 2.5 × 5 × 30 × 0.18

= $67.5

The total cost to run Val’s AC costs for a summer month of 30 days will be $67.5.

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help pls ,The problem 7,291 ÷ 19 is solved below using partial quotients. Identify what partial quotient was used in each step. Then, identify your final quotient.

Answers

Answer:

383.7

Step-by-step explanation:

A line goes through the points (2,10) and (-2,4).
A/ what is the slope of the line. Show work
B/ write the equation of the line in point-slope form using the point (2,10). Show work
C/ write the equation of the line in slope-intercept form. Show work

Answers

A) The slope is 3/2

B) The line in point-slope form: y = (3/2)*(x - 2) + 10

C) The line in slope-intercept form: y = (3/2)*x  + 7

What is the slope of the line?

A general linear equation is written as:

y = a*x + b

Where a is the slope and b is the y-intercept.

If the line passes through two points (x1, y1) and (x2, y2), then the slope is:

a = (y2 - y1)/(x2 - x1)

Here the line goes through (2, 10) and (-2, 4), then the slope is:

a = (10 - 4)/(2 + 2) = 6/4 = 3/2

b) The line in point-slope form for a point (h, k) is:

y = a*(x - h) + k

So here we get:

y = (3/2)*(x - 2) + 10

c) Expanding the above equation we will get:

y = (3/2)*x - (3/2)*2 + 10

y = (3/2)*x  + 7

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In one small school with 97 students, a questionnaire about favorite flavors of ice cream was done,
and here are the results: 25 students like chocolate and vanilla flavor students like vanilla and
strawberry flavor 17 students like chocolate and strawberry flavor 9 students like all three flavors 5
students do not like ice cream.
How many students like only vanilla flavor if the number is equal to the number of students who
like only strawberry flavor and that number is two times less than the number of students who like
only chocolate flavor?

Answers

Only 46 students like vanilla ice cream.

What is union and interaction?

Union of Disjoint Sets:

If A and B are two finite sets and if A ∩ B = ∅, then

n(A ∪ B) = n(A) + n(B)

In simple words if A and B are finite sets and these sets are disjoint then the cardinal number of Union of sets A and B is equal to the sum of the cardinal number of set A and set B.

Given,

total number of students = 97

students who like chocolate and vanilla flavors = 25

students who like strawberry and vanilla flavors  = 16

students who like chocolate and strawberry flavors = 17

students who like all three flavors = 9

students who do not like ice cream = 5

Let C,S,V represent the chocolate, strawberry, vanila

therefore,

n(C∪S∪V) = n(C) + n(S) + n(V) - n(C∩V) - n(V∩S) - n(C∩S) + n(C∩V∩S)

97 = n(C)+n(S)+n(S)-25-27-9-5

141 = n(C) +2n(S)

141 = 3n(C)

n(C)=48

n(S) = n(V) =n(C)-2

=46

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more than 3.2% of homes have only a landline telephone and no wireless phone. sample data: A survey by the national center for health statistics showed that among 15800 homes 5.81% had landline phones without wireless phones. Complete parts a and b . Express the originall claim in symbolic form. Let the parameter represent a value with respect to homes that have only a landscape telephone and no wireless phone

Answers

a) The original claim expressed in symbolic form is; p > 0.032

b) The hypotheses are defined as;

Null hypothesis; H₀: p ≤ 0.032

Alternative hypothesis; Hₐ: p > 0.032

How to define the hypotheses?

A hypothesis is defined as an educated guess while using reasonable thinking, about the answer to a scientific question.

a) We are told that the claim is that more than 3.2% (0.032) of homes have only a landline telephone and no wireless phone. Thus, the original claim in symbolic form is; p > 0.032

b) From the sample survey that we see, it is clear that among 15800 homes, 5.81% had landline phones without wireless phones. This would be the sample proportion.

This means that we can define the alternative hypothesis as;

Hₐ: p > 0.032

Null hypothesis is;

H₀: p ≤ 0.032

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Solve for x by writing the equation in exponential form.

log₁₆ x=-1/2

Answers

The solution for x in the given logarithmic equation, log₁₆x = -1/2, is x = 1/4

Solving logarithmic equations

From the question, we are to solve the given equation for x.

The given equation is

log₁₆x = -1/2

To solve the equation, we will determine the value of x.

Solving the equation

log₁₆x = -1/2

From one of the laws of logarithm,

logₐy = n ⇒ y = aⁿ

Thus,

The equation becomes

x = 16^(-1/2)

By applying one of the laws of indices, we get

x = (√16)⁻¹

x = 4⁻¹

x = 1/4

Hence, the value of x is x =1/4

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Please help me solve this, it’s the last question.

Answers

The value of the double integration is 7776 after solving and integration. the answer is 7776.

What is integration?

It is defined as the mathematical calculation by which we can sum up all the smaller parts into a unit.

It is given that:

Double integration (x + y) dA

y = x²

y² = 216x

y = √216 √x

∫∫(√216 √x +  x²)

After solving:

[tex]\rm \int _0^{36}\int _0^6\:\left(\sqrt{216}\:\sqrt{x}\:+\:\:x²\right)dxdy[/tex]

=7776

Thus, the value of the double integration is 7776 after solving and integration. the answer is 7776.

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I will give brainliest, thank you

Answers

Answer:

No. A non-uniform probability is where each outcome does not have the same chance of happening; this is not true of a fair 6-sided die, of which each side has an equal 1/6 probability of being rolled.

[tex]\Large\boxed{\sf uniform\ probability}[/tex]

A unique integer value appears on each side. Rolling the die and getting any particular number has a 1/6 chance of happening. There are six outcomes, each uniformly distributed while rolling the dice. Each has an equal probability of occurring.

I will give brainiest!

Answers

Answer:

its the thrid one i think i might be wrong srry

Step-by-step explanation:

Answer:

20/53

Answer number 4

Step-by-step explanation:

There are 20 brown, 16 orange, 4 navy, and 13 purple marbles. A marble is drawn at random. What is the probability the marble is brown?

Let's first add the marbles together.

20+16+4+13=53

there are 53 marbles altogether.

20 of the marbles are brown.

So the probability of drawing a brown marble is 20/53

PLEASE GIVE BRAINLIEST

2. There are 212 students at a local college taking an Introduction to Statistics course. The
following are the final exam scores of 30 randomly selected students. What would you
estimate to be the mean score for all the students in the course? Round your answer to the
nearest whole number.

Answers

Answer: the estimated mean score is 78

Step-by-step explanation: I took the quick check

PLease help me i willlllllllllll faillllllllllllllif someone dont!!!!!!

Answers

Answer:

B- function 1, because it’s rate of change is 2

Step-by-step explanation:

the rate of change of function 2 can be found since it is in slope intercept form

y=mx+b and m is slope and in this case m is 1/2

1/2 is function 2 rate of change

To find function 1 rate of change we use y2-y1/x2-1

using (1,2) and (-1,-2)

-2-2/-1-1

-4/-2

2 is the slope of function 1

Function 1 has a greater rate of change so  B is correct

Hopes this helps please mark brainliest

When a new cellphone is put on the market, the demand each month can be described by the function C(t)= -√t^2+4t-12 +3, where C (t)
represents the demand of the cellphone (measured in millions of people) and the time, t, is measured in months. Which of the following
solution(s) are valid for a positive demand?
O a
Ob
Oc
Od
(7,0) and (3, 0)
(-6, 3) and (2, 3)
(6,3)
(2,3)

Answers

The demand is positive for t greater than 3. The correct answer is option (a).

What is linear inequality?

Linear inequality refers to the relation between a linear algebraic expression to some known value that contains inequality sign.

Unlike a linear equation it can have a range of values inside an interval.

Given that,

The demand function for cell phone is given as,

C(t) = -√t^2 + 4t - 12 + 3

Which can be written in simple terms as,

C(t) = -t + 4t - 12 + 3

       = 3t - 9

For positive demand C(t) ≥ 0

=> 3t - 9 ≥ 0

=> t ≥ 3

Which is valid for option (a) only.

Hence, the demand is positive for t ≥ 3.

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Hi! The answer would be (6,3)

Have a good day!

The current of a river is 3 miles per hour. A boat travels to a point 8 miles upstream and back in 2 hours. What is the speed of the boat in still water?

Answers

Given:

The current of a river is 2 miles per hour. A boat travels to a point 8 miles upstream and back in 3 hours.

Required:

What is the speed of the boat in still water?

Explanation:

A boat has to travel 8 miles against the current and 8 miles with the current.

Ustream(against the current) the boat's speed is:

speed in still water - current OR x - 2.

Downstream( with the current) the speed is:

speed in still water + current speed OR x + 2.

We know the distance

OR

The total time is 3 hours

The time upstream + The time downstream = 3 hours

Assuming that the population is normally distributed, construct a
95% confidence interval estimate for the population mean for
each of the following samples:
Sample A: 1 1 1 1 8 8 8 8
Sample B: 1 2 3 4 5 6 7 8
Explain why these two samples produce different confidence
intervals even though they have the same mean and range

Answers

The two samples produce different confidence intervals because they have different standard deviation values.

How to illustrate the information?

Confidence interval for Population A

The confidence interval for Population mean is given as below:

Confidence interval = Xbar ± t*S/sqrt(n)

From the given data, we have

Xbar = 4.5

S = 3.741657387

n = 8

df = n – 1 = 7

Confidence level = 95%

Critical t value = 2.3646

(by using t-table)

Confidence interval = Xbar ± t*S/sqrt(n)

Confidence interval = 4.5 ± 2.3646*3.741657387/sqrt(8)

Confidence interval = 4.5 ± 3.1281

Lower limit = 4.5 - 3.1281 = 1.3719

Upper limit = 4.5 + 3.1281 = 7.6281

Confidence interval = (1.3719, 7.6281)

Confidence interval for Population B

Confidence interval for Population mean is given as below:

Confidence interval = Xbar ± t*S/sqrt(n)

From given data, we have

Xbar = 4.5

S = 2.449489743

n = 8

df = n – 1 = 7

Confidence level = 95%

Critical t value = 2.3646

(by using t-table)

Confidence interval = Xbar ± t*S/sqrt(n)

Confidence interval = 4.5 ± 2.3646*2.449489743/sqrt(8)

Confidence interval = 4.5 ± 2.0478

Lower limit = 4.5 - 2.0478 = 2.4522

Upper limit = 4.5 + 2.0478 = 6.5478

Confidence interval = (2.4522, 6.5478)

The above two samples produce different confidence intervals even though they have the same mean and range because they have different standard deviation values.

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A tower that is 107 feet tall casts a shadow 112 feet long. Find the angle of elevation of the sun to the nearest degree.

Answers

Draw the picture.

You have a right triangle with height = 107 and base = 131

-----

angle = tan^-1(107/131) = 39.24 degrees

==============================

pls help me thank you

Answers

The probability that a student chosen at random is in the choir or band or both is 0.911

What is probability?

Probability is the likelihood that an event will happen. This can range from an event being impossible to some likelihood to being absolutely certain. In mathematics terms, probability is on a scale from 0 to 1. Zero means the event is impossible, like rolling a seven on a die that only has digits from 1 to 6. One is an event that will happen, it is certain.

Total number of students in the school = 450

number of students in choir = 110

number of students in band = 240

number of students in both = 60

Probability a student chosen at random is in the choir or band or both is

110/450 + 60/450 + 240/450

= 410/450 which is 0.911

In conclusion, the probability of a student being in music, or band or both is 0.911

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I need help asap thank you

Answers

Answer:  9.22

Step-by-step explanation:

distance in x direction:  ║-4║ + 2 = 6

distance in y direction:  5 + ║-2║ = 7

Use pythagorean theorem to find hypotenuse of triangle with legs of 6 and 7:

[tex]d^{2} = 6^{2} + 7^{2} = 85\\d = \sqrt{85} = 9.2195 = 9.22[/tex]

At December 31, 2019, the records of Hoffman Company reflected the following balances in the shareholders’ equity accounts:


Common shares: par $14 per share; 51,000 shares outstanding
Preferred shares: 9 percent; par $10 per share; 7,650 shares outstanding
Retained earnings: $225,500


On January 1, 2020, the board of directors was considering the distribution of a $68,500 cash dividend. No dividends were paid during 2018 and 2019.

Required:
Determine the total and per-share amounts that would be paid to the common shareholders and to the preferred shareholders under two independent assumptions:

Answers

Answer:

a) Total preferred dividend = $37,020; total common stock dividend = $26,980.

b) Total preferred dividend = $12,340; total common stock dividend = $51,660.

C) see explanation section.

Explanation:

Requirement - A

If the preferred dividend is cumulative.

Common stock = $12 x 50,000 = $600,000

Preferred stock = $19.5 x 7,910 = $154,245

Given,

Retained Earnings = $240,000, and Dividend = $64,000.

Generally, cash dividend is distributed to the preferred and common stockholders. However, after paying the preferred stock, dividend is paid to the common stockholders.

Therefore, preferred dividend = $154,245 x 8% = $12,340 for 2019.

As the preferred dividend is cumulative, the preferred stockholders will get the dividend for 2017 and 2018 if there remains any extra dividend after giving for 2019.

For 2017 = $12,340

For 2018 = $12,340

For 2019 = $12,340

Total preferred dividend = $37,020.

Therefore, the total common stock dividend = $(64,000 - 37,020) = $26,980.

Requirement - B

If the preferred dividend is non-cumulative.

Therefore, preferred dividend = $154,245 x 8% = $12,340 for 2019.

As the preferred dividend is non-cumulative, the preferred stockholders will not get the dividend for 2017 and 2018 despite remaining extra dividend after providing for 2019.

Therefore, preferred dividend = $12,340

Common stock dividend = $(64,000 - 12,340) = $51,660.

Requirement - C

The common stock dividend is more in non-cumulative as the company does not pay the previous years' dividends to the preferred dividend. On the other hand, if the company pays the dividend for the last years', which is known as cumulative, the dividend will become less. Therefore, the common stockholders will get fewer dividends because of paying the previous years' dividend to the preferred stockholders.

The factors would cause a more favorable dividend for the common stockholders if preferred dividends were non-cumulative, not in arrears, and there is an increase of distribution of dividends.

A steel beam can be cut to different lengths for a project. Assuming the weight of a steel beam is proportional to
its length, what information would you need to know to write an equation that represents this relationship?

Answers

The equation the given statement is y=ax.

What is equation?

  The definition of an equation in algebra is a mathematical statement that demonstrates the equality of two mathematical expressions. Equations come in two varieties: identities and conditional . All possible values of the variables result in an identity. Only certain combinations of the variables' values make a conditional equation true. Two expressions joined by the equals symbol ("=") form an equation.

Here the weight of the steel beam is proportional to length.

let y be weight and x be length of it. Then

=> y ∝ x

=> y=ax

where a is the constant

we can find it if we have two sets of values of y and x.

Therefore the equation the given is y=ax.

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17. Emily was assigned a novel to read for her English class. She finished half the book on Monday and 90 pages on Tuesday. If she still has 1/8 of the book left to read, how many pages are left to read?
(A) 30 pages
(B) 90 pages
(C) 144 pages
(D) 240 pages

Answers

Answer:

(A) 30 pages

Step-by-step explanation:

Let x = total number of pages in the book.

She read half the book in Monday. She read x/2.

She read 90 pages on Tuesday. By now she read a total of x/2 + 90.

She has 1/8 left to go. That means she read 7/8 of the book.

7/8 x = x/2 + 90

Multiply both sides by 8.

8 × 7/8 x = 8 × x/2 + 8 × 90

7x = 4x + 720

3x = 720

x = 240

The book is 240 pages long.

She has 1/8 to go.

1/8 × 240 = 30

Answer: (A) 30 pages

Point slope of (-5, 1) and (3, 4)

Answers

Answer:

Slope is 3/8.  m = 4-1 / 3 - (-5) = 3/8

Step-by-step explanation:

Given the line below.



NEEDED QUICK
a. Determine the slope of the line. Show all work on how you found the slope or determined the slope from the graph.

b. In two or more complete sentences, explain why it is possible or it is not possible to write the equation of the given line in the traditional version of the point-slope form of a line.

Answers

a) The slope is infinity.

b) We can't write the linear equation in the slope-intercept form because the slope is infinity, in this case, the line is written as x = 2.

How to find the slope of the linear equation?

A general linear equation is written as:

y = a*x + b

Where a is the slope and b is the y-intercept.

If the line passes through two points (x1, y1) and (x2, y2), then the slope is:

slope = (y2 - y1)/(x2 - x1)

Here we have two points (2, 1) and (2, 0), then the slope is:

slope = (1 - 0)/(2 - 2) = 1/0 → ∞

So the slope is infinity, as the case for all vertical lines.

b) Why we can't write the linear equation in the traditional form?

This happens because the slope is infinity, the vertical linear equations are written as:

x = a

In this case, we can see that the line is at x = 2, so that is our linear equation.

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2. Sean arrives in Paris at 10:37am. He spends
next 4 hours 45 minutes in sight seeing and
further 38 minutes in a taxi to go to hotel. What
time does Sean reach the hotel?

Answers

Answer:

4pm

10:37 + 4:45 hours +38 min makes arrival time 4pm

Other Questions
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