You plan on financing a new road bike for $2,500. The bike shop offers a 13.5% APR for a 24 month loan. Use this information, and the table above, to determine the monthly payments. Round your answer to the nearest cent.

Answers

Answer 1
This question can be approached using the present value of annuity formula. The present value of annuity is given by [tex]PV=P\left( \frac{1-\left(1+ \frac{r}{t} \right)^{-nt}}{ \frac{r}{t} } \right)[/tex], where: PV is the present value/amount of the loan, P is the periodic (monthly in this case) payment, r is the APR, t is the number of payments in one year and n is the number of years.

Given that the financing is for a new road bike of $2,500 and that the bike shop offers a 13.5% APR for a 24 month loan.

Thus, PV = $2,500; r = 13.5% = 0.135; t = 12 payments (since payment is made monthly); n = 2 years (i.e. 24 months)

Thus,

[tex]2500=P\left( \frac{1-\left(1+ \frac{0.135}{12} \right)^{-2\times12}}{ \frac{0.135}{12} } \right) \\ \\ =P\left( \frac{1-\left(1+ 0.01125 \right)^{-24}}{ 0.01125 } \right)=P\left( \frac{1-\left(1.01125 \right)^{-24}}{ 0.01125 } \right) \\ \\ =P\left( \frac{1-0.764531}{ 0.01125 } \right)=P\left( \frac{0.235469}{ 0.01125 } \right)=20.9306P \\ \\ \Rightarrow P= \frac{2500}{20.9306} =119.44[/tex]

Therefore, his monthly payment is $119.44

Related Questions

the dimensions of a rectangle can be expressed as x-3 and x+8. If the area of the rectangle is 42 square feet. Find the dimensions of the rectangle.

Answers

we know that
the area of a rectangle=length*width
let
length=x-3
width=x+8 
area=42 ft²
so
42=(x-3)*(x+8)----------> x²+8x-3x-24=42--------> x²+5x-66=0

using  a graph tool-------> to resolve the second order equation
see the attached figure 
the solution is 
x=6
hence

length=x-3------> 6-3-----> 3 ft
width=x+8 ------> 6+8----> 14 ft

the answer is
the dimensions of the rectangle are 3 ft x 14 ft

A jacket is discounted 40% the jacket is now 38.70 dollars what was the original price

Answers

Hello!

To find the original price, you'll first need to convert 40% into a decimal. You can do this by moving the decimal point twice to the left. So now you have 0.40. Now you'll need to divide 38.70 by 0.40. Once you've done that, you'll get the original price

The original price of the jacket was $96.75

I hope this helps!

Drag and drop the symbols to enter the equation of the circle in standard form with center and radius given. Center (-8, -3), radius = 2 times the square root



please answer before 1:00

Answers

The standard equation of a circle is given by:
(x-a)²+(y-b)²=r²
where:
(a,b) is the center and r is the radius.
Given that (a,b) is (-8,-3) and r=2 units
then the equation of the circle will be:
(x-(-8))²+(y-(-3))²=2²
simplifying the above we get:
(x+8)²+(y+3)²=4

Solve for v in the formula v = u + 10t when u = 16 and t = 4. a. v = -22 c. v = 56 b. v = 3 d. v = 40

Answers

Hello!

You put 16 in for u and 4 in for t

v = (16) + 10(4)

Multiply

v = 16 + 40

Add

v = 56

The answer is v = 56

Hope this helps!

(5x^2+38x+18) divided (x+7) what is the quotient and the remainder

Answers

Final answer:

To determine the quotient and remainder for (5x^2+38x+18) divided by (x+7), polynomial long division must be used, involving dividing terms, multiplying and subtracting until the remainder is obtained.

Explanation:

To find the quotient and remainder of the division of polynomials (5x2+38x+18) by (x+7), we can use polynomial long division.

Divide the first term of the dividend, 5x2, by the first term of the divisor, x, to get the first term of the quotient, which is 5x. Multiply the entire divisor (x+7) by 5x and subtract from the dividend. Bring down the next term from the dividend and repeat the process until there are no more terms to bring down. The last line after the subtraction will be the remainder.

By doing this, you will obtain the quotient and the specific remainder for this division.

what is 3x times x???

Answers

Hello!

3x × x = 3x²

Hope I helped! :3

3 x squared:) hope this helps

The sum of two consecutive numbers is 131 .What are the two numbers ?

Answers

n; n+1 - two consecutive numbers

n + (n + 1) = 131n + n + 1 = 1312n + 1 = 131    |-12n = 130    |:2n = 65n+1 = 66
Answer: 65 and 66.

The sum of two consecutive numbers is 131. What are the two numbers?

Answer is provided in the image attached.

Jon performs 3 transformations on a pentagon. First, he reflects it over the x-axis. Then, he translates it 3 units to the left and 4 units up. Finally, he reflects the image over the line x = 1. Are the original and transformed images congruent? Justify your answer.

Answers

Reflection and translation do not change the dimensions (or angles) of the figure.

The original and transformed images are congruent.

yes; Reflections and translations are rigid motions. Rigid motions preserve the size of the original image.


A 9.5-foot pole casts a shadow that is 29 feet long. What is the approximate measure of angle L? The triangle is JKL and K=90 degrees. 

Answers

Answer:

A. 0.32 rad

Step-by-step explanation:

Final answer:

To find the angle L in a triangle where a 9.5-foot pole casts a 29-foot shadow, calculate the angle using the tangent function, yielding an approximate angle of 72.8 degrees.

Explanation:

A 9.5-foot pole casts a shadow that is 29 feet long. What is the approximate measure of angle L?

First, determine the scale factor between the pole and its shadow: 29 feet (length of shadow) ÷ 9.5 feet (length of pole) = 3.05.

Next, calculate the angle L using the tangent function: tan(L) = opposite/adjacent = 29/9.5 ≈ 3.05. Taking the inverse tangent gives L ≈ 72.8 degrees.

What is the measure of ∠F, to the nearest degree?
44°
57°
71°
78°

Answers

it is A-44 hope this helps

Answer:

Option A. 44°

Step-by-step explanation:

In a given triangle FGH sides have been given as FG = 7 yards, FH = 6 yards, and GH = 5 yards.

We have to calculate the approximate value of ∠F.

We apply the cosine rule in the given triangle.

5² = 7² + 6² - 2×7×6×cosF

25 = 49 + 36 - 84× cosF

25 = 85 - 84 cosF

84cosF = 85 - 25 = 60

[tex]cosF=\frac{60}{84}=0.71428[/tex]

[tex]F=cos^{-1}( 0.71428) = 44.4[/tex]

F = 44°

Therefore option A. 44° is the correct answer.

A coffee machine can be adjusted to deliver any fixed number of ounces of coffee. if the machine has a standard deviation in delivery equal to 0.4 ounce, what should be the mean setting so that an 8-ounce cup will overflow only 0.5% of the time?

Answers

Final answer:

The question can be addressed using the principles of Normal Distribution. Given the z-chart, 8 ounces is the observed value for the 99.5th percentile, which equates to approximately 2.58 standard deviations. Therefore, the mean setting of the coffee machine should be set around 8 ounces for the cup to overflow only 0.5% of the time.

Explanation:

The situation described in the question is a typical case of application of Normal Distribution. As a reminder, in a Normal Distribution, 99.7% of the values lie within 3 standard deviations of the mean. The question states that the cup should overflow only 0.5% of the time. Therefore, we need to consider the 99.5% of the left side under the normal curve (as we're considering the upper limit), which corresponds to around 2.58 standard deviations under the normal curve.

Given that the standard deviation (σ) is 0.4 ounces, using the formula X = μ + Zσ (where Z is the Z-score corresponding to the desired percentile, μ is the mean we want to find, and X is the threshold value where the cup overflows at 8 ounces), we can substitute the known values and solve for μ.

Therefore, 8 = μ + 2.58 * 0.4 Solving for μ gives us around μ = 7.966, or about 8 ounces. Hence, the mean setting of the coffee machine should be set around 8 ounces to ensure that the cup will overflow only 0.5% of the time.

Learn more about Normal Distribution here:

https://brainly.com/question/34741155

#SPJ12

Need help on this asap!!

Answers

Hello,
Please, see the attached file.
Thanks.

shirts are onsale at 3 for $15.50. how many shirts can you buy with $139.50.

Answers

If one shirt is sold for $15.50, the amount of shirts you'd be able to buy with $139.50 is 9.

Multiply 9 by 3 and you get your answer: 27 Shirts

First you take the $139.50 and divide it by $15.50

139.50 / 15.50 = 9

Then you take the 9 and multiply it by 3, be cause there are 3 shirts per $15.50

9 x 3 = 27

You can buy a total of 27 shirts with $139.50

PLEASE HELP!!! BRAINLIEST! 20 POINTS!



A rectangle has a width of 3 cm and a length of 10 cm.

What is the effect on the perimeter when the dimensions are multiplied by 10?

A) The perimeter is increased by a factor of 10.
B) The perimeter is increased by a factor of 40.
C) The perimeter is increased by a factor of 100.
D) The perimeter is increased by a factor of 400.

THANK YOU SO MUCH!!!! <333

Answers

The answer is a The perimeter is increased by a factor of 10.

Find the quotient of 3/5 and 9/10 . Express your answer in simplest form.

Answers

Hello there, and thank you for asking your question here on brainly.

Short answer: 2/3

Why?

When dividing two fractions, you don't divide, you find the reciprocal of the second fraction (9/10) and multiply. So, it's 3*10/9*5. Simplify. {3 * 10 => 30} ~ {9 * 5 => 45} Now we have 30/45. This can be simplified. Simplified, 30/45 reduces down to 2/3.

Hope this helped you! ♥

The quotient of 3/5 and 9/10 is the value obtained by dividing both values, Hence, the quotient of the division is 2/3

The numerator = 3/5

The denominator = 9/10

The division operation can be expressed thus :

3/5 ÷ 9/10

Take the reciprocal of the denominator and change the sign to multiplication ;

Reciprocal of 9/10 = 10/9

Hence, we have ;

3/5 × 10/9 = 30/45

In simplest form ; 30/45 = 10/15 = 2/3

Therefore, the quotient is 2/3

Learn more : https://brainly.com/question/18112348

What is the middle term of the product of (x - 4)(x - 3)?

Answers

Answer:

The middle term of the product of (x - 4)(x - 3) is -7

Step-by-step explanation:

Consider the given expression (x - 4)(x - 3)

We have to find the middle term of the product of (x - 4)(x - 3).

First multiply the given terms, we get,

[tex](x - 4)(x - 3)=x(x-3)-4(x-3)[/tex]

Simplify, we get,

[tex]x(x-3)-4(x-3)=x^2-3x-4x+12[/tex]

Simplify further, we get,

[tex]x^2-3x-4x+12=x^2-7x+12[/tex]

Thus, the middle term of the product of (x - 4)(x - 3) is -7

Write an equation of the line with the given slope and containing the given point. write the equation in the​ slope-intercept form yequals=mxplus+b. slope negative 3−3​; through ​(22​,negative 10−10​)

Answers

y=mx+b
m=-3
y=-3x+b

(22,-10), To find b substitute x=22, and y=-10 into y=-3x+b.
-10=-3*22+b
-10+66=b
b=56

y= - 3x+56

How do I factorise
6-42x

Answers


FACTORING: 6 - 42x

STEPS:
 
6 - 42x

-42x + 6

= -6(7x - 1)

FINAL ANSWER: -6(7x - 1)

Answer:

[tex]6(-7x+1)[/tex]

Step-by-step explanation:

Given: The equation [tex]6-42x[/tex].

To find: Factorize the given equation.

Solution:

The given expression is:

[tex]6-42x[/tex]

which can be rewritten as:

[tex]-42x+6[/tex]

Upon solving the above expression and Taking 6 common from both the terms of the expression ,we get

[tex]6(-7x+1)[/tex]

which is the required factorized form of the given expression.

PLEASE HELP!!! The question is in the picture!

Answers

find the vertical and horizontal components of the tension

vertical component=110 N*sin 25°-----> -46.5 N  (down)
horizontal component=110 N *cos 25°----> -99.7 N (left)

the vector diagram in the attached figure

Bill buys a red marble and a blue marble. If the total weight of 3 such red marbles and 2 such blue marbles is 84g, and the total weight of 12 such red marbles and 5 such blue marbles is 282g, what is weight of the red marble and the blue marble respectively?

Answers

Final answer:

The weight of the red marble is 16 grams, and the weight of the blue marble is 18 grams, based on the solution of the system of linear equations derived from the given total weights of the marbles.

Explanation:

To solve the problem of determining the weight of each marble, we can set up a system of linear equations based on the given information:

Let r be the weight of a red marble in grams.

Let b be the weight of a blue marble in grams.

The total weight of 3 red marbles and 2 blue marbles is 84g.

The total weight of 12 red marbles and 5 blue marbles is 282g.

Based on these statements, we can write two equations:

3r + 2b = 84 (1)

12r + 5b = 282 (2)

We can solve this system of equations by multiplying equation (1) by 4 to eliminate variable b.

(4)(3r + 2b) = (4)(84)

12r + 8b = 336 (3)

Subtract equation (2) from equation (3) to solve for r:

(12r + 8b) - (12r + 5b) = 336 - 282

3b = 54

b = 18 (weight of blue marble)

Substitute value of b in equation (1) to solve for r:

3r + 2(18) = 84

3r + 36 = 84

3r = 48

r = 16 (weight of red marble)

Therefore, the weight of the red marble is 16 grams and the weight of the blue marble is 18 grams.

The radius of this ball is 24 inches. Which equation gives the ball's surface area, in square inches?

Answers

[tex]\bf \textit{surface area of a sphere}\\\\ SA=4\pi r^2~~ \begin{cases} r=radius\\ -----\\ r=24 \end{cases}\implies SA=4\pi (24)^2[/tex]

Justin is a musician. For eight months a year, he teaches school and is paid $34,780 annually. During the summer months, he teaches private students and plays in clubs, earning another $5,700. What is his average monthly salary, based on his yearly earnings?

Answers

Hi there!

First, we'll need to add the two values together. This gives us $40,480. Then, since we know that there are 12 months in a year, we need to divide the total amount by 12. This gives us, on average, $3373.33 each month.

Hope this helps!! :)
If there's anything else that I can help you with, please let me know!

One thousand tickets were sold for a baseball game there were one hundred more adult tickets sold than student tickets, and there were fou times as many tickets sold to students as to children. how many of each type of ticket were sold.

Answers

500 Adult tickets
400 Student tickets
100 Children tickets

Let x = adults
Let y = Students
Let z = children

Then set up this system of equations

x +y + z = 100
y - 4z = 0
x - y = 100

Solve using elimination and combination. 

10 POINTS!!! FULL ANSWER IN STEP BY STEP FORMAT!!

Answers

a) The signs of the first derivative (g') tell you the graph increases as you go left from x=4 and as you go right from x=-2. Since g(4) < g(-2), one absolute extreme is (4, g(4)) = (4, 1).

The sign of the first derivative changes at x=0, at which point the slope is undefined (the curve is vertical). The curve approaches +∞ at x=0 both from the left and from the right, so the other absolute extreme is (0, +∞).

b) The second derivative (g'') changes sign at x=2, so there is a point of inflection there.

c) There is a vertical asymptote at x=0 and a flat spot at x=2. The curve goes through the points (-2, 5) and (4, 1), is increasing to the left of x=0 and non-increasing to the right of x=0. The curve is concave upward on [-2, 0) and (0, 2) and concave downward on (2, 4]. A possible graph is shown, along with the first and second derivatives.

How many of the first 1992 prime numbers have reciprocals less tahn 0.05?

Answers

To have a reciprocal less than 0.05, the prime has to be more than 20. There are 8 primes less than 20, so there are 1992 - 8 = 1984 primes in the first 1992 primes that have reciprocals less than 0.05.

Without graphing, classify the following system as independent, dependent, or inconsistent. y=-3x+4 and 6x+2y=8
a. independent
b. dependent
c. inconsistent
please help

Answers

Answer:

Dependent

Step-by-step explanation:

[tex]y=-3x+4[/tex] and [tex]6x+2y=8[/tex]

Lets solve the second equation for y and then substitute it in first equation

[tex]6x+2y=8[/tex]

Subtract 6x on both sides

[tex]2y=-6x+8[/tex]

Divide by 2 on both sides

[tex]y=-3x+4[/tex]

Now we plug it in first equation for y

[tex]-3x+4=-3x+4[/tex]

Add 3x on both sides

[tex]4=4[/tex]

Both sides are same, they are equal. the system has infinite solutions.

They are said to be dependent

What is the correct order of operations for simplifying the expression (x+3)^2-(x^2+9)/2x^2

Answers

The correct order of operations for simplifying the expression (x+3)^2 - [tex](x^2+9)/2x^2[/tex] is as follows:
1. Square the binomial (x+3) to get x^2 + 6x + 9.
2. Divide each term in (x^2+9) by [tex]2x^2[/tex] to get [tex]1/2 + 9/2x^2[/tex].
3. Substitute the simplified expressions back into the original expression: [tex]x^2 + 6x + 9 - (1/2 + 9/2x^2).[/tex]

The correct order of operations for simplifying the expression (x+3)^2 - (x^2+9)/2x^2 is as follows:

1. Start by simplifying the expression within the parentheses: (x+3)^2. This means squaring the binomial (x+3). To do this, you multiply the binomial by itself: (x+3) * (x+3). This results in [tex]x^2 + 6x + 9.[/tex]

2. Next, simplify the expression within the second set of parentheses: (x^2+9).

3. Now, divide [tex](x^2+9)[/tex] by 2x^2. To do this, divide each term in (x^2+9) by 2x^2. This gives us [tex](x^2/2x^2)[/tex] [tex]+ (9/2x^2)[/tex]. Simplifying further, we get 1/2 + [tex]9/2x^2[/tex].

4. Finally, substitute the simplified expressions back into the original expression: [tex]x^2 + 6x + 9 - (1/2 + 9/2x^2).[/tex]

Identify intervals on which the function is increasing, decreasing, or constant.
g(x) = 1 - (x - 7)^2

Select one:
a. Increasing: x < 7; decreasing: x > 7
b. Increasing: x < -7; decreasing: x > -7
c. Increasing: x > 1; decreasing: x < 1
d. Increasing: x < 1; decreasing: x > 1

Answers

the answer is A) Increasing: x < 7; decreasing: x > 7

Consider the multiple regression model with two regressors x1 and x2​, where both variables are determinants of the dependent variable. when omitting x2 from the​ regression, there will be omitted variable bias for modifyingabove beta with caret 1​:
a. if upper x 2 is measured in percentages.
b. only if upper x 2 is a dummy variable.
c. if upper x 1 and upper x 2 are correlated.
d. always.

Answers

Hdhisnuabwgqnbdxuwbuebwuacwusvaywvsheue y

Multiply the polynomials.
(x – 7)(x2 + 3x – 3)
A. x3 – 4x2 – 3x + 21
B. x3 – 7x2 – 24x + 21
C. x3 – 4x2 – 24x + 21
D. x3 – 7x2 – 3x + 21

Answers

Answer:

C) x³ -4x² - 24x + 21.

Step-by-step explanation:

Given : (x – 7)(x² + 3x – 3).

To find : Multiply the polynomials.

Solution : We have given  (x – 7)(x² + 3x – 3).

Distributes x over (x² + 3x – 3) and  -7 over (x² + 3x – 3).

Then

x (x² + 3x – 3) -7(x² + 3x – 3).

x³ + 3x² -3x - 7x² - 21x +21.

Combine like terms

x³ + 3x² - 7x² -3x -21x + 21.

x³ -4x² - 24x + 21.

Therefore, C) x³ -4x² - 24x + 21.

Answer:

x³ -4x² - 24x + 21.

Step-by-step explanation:

Ape-x

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