Macon Steinberg purchased a motor scooter with an installment loan that has an APR of 16 percent. The motor scooter sells for $1,687. The store financing requires a 20 percent down payment and 30 monthly payments.

What is the down payment?
What is the amount of the loan?
What is the monthly payment?
What is the total amount repaid?
What is the finance charge?​

Answers

Answer 1

The finance charge is $285

How to find the percentage from the total value?

Suppose the value of which a thing is expressed in percentage is "a'

Suppose the percent that considered thing is of "a" is b%

Then since percent shows per 100 (since cent means 100), thus we will first divide the whole part in 100 parts and then we multiply it with b so that we collect b items per 100 items(that is exactly what b per cent means).

Thus, that thing in number is

[tex]\dfrac{a}{100} \times b[/tex]

Given;

An installment loan that has an APR of 16 percent

The motor scooter sells for $1,687

The store financing requires a 20 percent down payment

Monthly payments are for 30months

Now,

Downpayment= cost of scooter*20%

=1687*20%

=$337.4

Amount of finance = Cost of scooter - Down payment

=1687-337.4=1349.6

Interest rate=16%*1/12=1.3% per month

Monthly payment = Amount of finance*I/[1-(1+I)^-n]

=1349.6*1.3%/[1-(1+1.3%)^-30]

=1349.6*0.013(1-0.6780)

=17.5448/0.322

=54.486

Total amount paying for loan over a period = Monthly payment * Term

=54.486*30=1634.6

Amount of finance charge = Total amount paying for loan - Amount of loan

Amount of finance charge =1634.6-1349.6

=285

Therefore, the finance charge by given percent will be $285

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Related Questions

divide 6.7cm into 4 equal parts​

Answers

Answer:

I used a calculator and it said "1.675"

Step-by-step explanation:

Issun Sengeki... Messatsu!

Plug "6.7/4" and 1.67500 appears.

Quote: "Weakness is a disease... I am the cure!"

- Akuma

x times x is X^2, right? I'm having a brain toot and I can't remember. plz answer asap

Answers

Yes it is x^2 when you multiply x by x

What clockwise rotation will create the same image as 70 degree counterclockwise

Answers

Answer:

Duh , 70

Step-by-step explanation:

Y is 1 less than 2 times X
x y
2
3
4

Answers

2x-1=y Because 2 times x is 2 and and one less is y so that is the formula.

What is
3a + 7 - 2a ?

Answers

Answer:

=a+7

Step-by-step explanation:

Answer:

a+7

Step-by-step explanation:

combine like terms

3a-2a+7

a+7

******Absolute Value******
l-7al=28

Answers

Answer:

a = 4

Step-by-step explanation:

28/ 7 = 4

l7al= 28

7x4 = 28

Absolute Value: the magnitude of a real number without regard to its sign.

plz mark brainliest

Answer:

a=-4

Step-by-step explanation:

-7a=28

7a/7=-28/7

a=-4

2 tons of bark cost $9,960.00. What is the price per ounce?

Show work plz

Answers

Answer:

0.155625 or .16 cents per ounce

Step-by-step explanation:

2 tons is 64000 ounces so 9960 divided by 64000 is .155625

Need HELP now please! It’s for my HW that’s due! I will mark BRAINLIEST to the RIGHT ANSWER!

Answers

Answer:

The first should be (x+6, y-(-10).

The others, not sure but you have to plug them in.

Answer:

See attached

Step-by-step explanation:

The form is filled in and attached

5. Solve the equation 5x = 2x. Show your work.

Answers

Answer:

x = 0

Step-by-step explanation:

5x = 2x

5x - 2x = 0

3x = 0

x = 0×3

x = 0

help thanks
If you troll u get banned

Answers

Answer:

i believe it is d as the angle could also be a right angle

Step-by-step explanation:

Answer:

Your mom :))))))

The sum of three numbers is 154
The second number is 8 times the first.
The third number is 16 less than the second.
What is the third number?

Answers

Answer:

64

Step-by-step explanation:

x+8x+(8x-16)=154

17x=170

x=10

10+80+64=154

Bob has 10 apples after 4 hours he has 6 apples. Find the slope l the line that indicates the rate that bob eats apples at.

Answers

Answer:

y= -x + 10

Step-by-step explanation:

At 0 hours = Bob has 10 apples

At 4 hours = Bob has 6 apples

In 4 hours Bob has eaten 4 apples

Using linear graphs where y = the apples remaining and x = the hours passed

y = mx + c

We already know some coordinates:

(0,10) - 0 hours 10 apples remaining

(4,6) - 4 hours 6 apples remaining

c is the y intercept and m is the gradient

We already have the y intercept (where x = 0) which is (0,10)

So first part of our rule is done: y = mx + 10

The gradient is rise / run

Rise = -4 and Run = 4

-4/4 = -1

So the gradient is -1 and we add that to our rule

So final rule is y = -x + 10

a bicycle that usually sells for $230 is on sale for 25% off. find the sale price.

Answers

Answer:

$172.50

Step-by-step explanation:

Simply do 230 x 0.75 which is the percent subtracted by 25 that decreases a value and makes it less

What is the inverse of the statement "If Mike did his homework, then he will pass this test"?
A. If Mike passes this test, then he did his homework.
O
B. If Mike does not pass this test, then he did not do his homework.
O C. If Mike does not pass this test, then he only did half his homework.
D. If Mike did not do his homework, then he will not pass this test.

Answers

Answer:

d. if mike did not do his homework, then he will not pass this test

Kasey asked 6 of her friends how many episodes of their favorite show they
watched during the quarantine. Kasey determined the following measures about
the number of episodes watched by the 6 friends. Mean: 10, Median: 9.5, and
Range: 14. The three friends who watched the most episodes over the quarantine
watched 18, 13, and 12. How many episodes did the other 3 friends watch?*
O A. 4,6,7
B. 4, 4,7
C. 5, 8, 9
O D. 2,3,5

Answers

Answer:

A

Step-by-step explanation:

6 friends

Mean - 10

Median - 9.5

Range - 14

3 friends watched 12, 13, and 18 movies.

Let's find the sum, this will help us find the total number of movies the other 3 friends watched.

12 + 13 + 18 = 43

The mean is all their movies added toether, divided by the number of friends.

m = number of movies the other friends watched.

(43 + m) / 6 = 10        Multiply each side by 6

43 + m = 10 * 6

43 + m = 60          Subtract 43 from each side

m = 60 - 43

m = 17

So we know the total movies the other friends watched is 3.

A. 4+6+7 = 17

B. 4+4+7 = 15

C. 5+8+9 = 22

D. 2+3+5 = 10

We know the answer is A.

We can check it by looking at the Median, the median is the middle number, if there are an even number of samples, you add the 2 middle numbers together and divide by 2.

4, 6, 7, 12, 13, 18

So 7+12 = 19

19/2 = 9.5

So we know for sure A is correct!

HELP HAVING BAD DAY
Jasmine drives every morning to her office that is 12 miles from her home.
b
If Jasmine's average driving speed is s mph, how many minutes does it take her to reach the office?

Answers

Step-by-step explanation:

Hey there!

Speed (s) = m/hr

Distance = 12 miles

Time = ?

We have,

[tex]t = \frac{d}{s} [/tex]

[tex]t = \frac{12}{1} [/tex]

Therefore, time = 12 hr.

[Note: The speed is 1miles/hr. So, we got time same as the distance]

Hope it helps...

Answer:

12/s

Step-by-step explanation:

Will mark brainlest for a person who answers first IF YPU HAVE A EXPLANATION TO

Answers

Answer:

TAG is described as an acute angle.

Step-by-step explanation:

This is because TAG is an angle that is less than 90 degrees.

Answer:

acute

Step-by-step explanation:

TAG

think of the angle, the gap is small and T is close to G

if it would be right the T would be upright

if it was straight T would lay flat corresponding to G making a line

if it was obtuse the gap would surpass the right angle outward

On his way to the office each workday (Monday through Friday), Darrell walks by a charitable foundation with a donation bucket set out front. He has decided that he nts to try to be more charitable, so starting next week, he plans to put $1 in donation bucket every day he walks by. He has also estimated that he has already donated $23 to the foundation, Part if x represents the number of weeks thłt Darrell has been making a donation, write a recursive function to represent the total amount he has donated Explain your work​

Answers

Answerer: Darrell has already donated $23 to the foundation, so f (0) =$23.

Because x represents the number of weeks, and Darrell is contributing $1 every day, Monday through Friday, he will contribute a total of $5 per week. So, the total amount donated will increase by $5 each week. Therefore, the recursive function will be f (x) =f(x - 1) + $5, where f ($23).

Given x∥y and m∠2=23° .

What is m∠7?

Enter your answer in the box.

Answers

Answer:

angle2=23°

angle7=angle5

angle2=angle6

so,angle8=23°

total angle = 180°

angle7=180°-46°=134°÷2=67°

Using corresponding angles are equal property we found that m∠7 = 157°

What are corresponding angles?

When two parallel lines are intersected by an transversal line then the pair of angles formed on one same side of transversal on both parallel lines are corresponding angles. As in the figure attached ∠ 1 and ∠5 are  corresponding angles.∠4 and ∠8 are also corresponding angles.

Corresponding angles are always equal.

Given that x and y are parallel lines.

Then ∠2 and ∠6 are corresponding angles , therefore m ∠2 = m ∠6

Given that m∠2 = 23°

m∠6 = 23°

As ∠7 and ∠6 are on same line hence they are supplementary

m∠7  + m∠6 = 180°

⇒m∠7 + 23° =180°

m∠7  =180°- 23° = 157°

Therefore, the measure of angle ∠7 is 157°

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If AC = 150, AB = 4x+34 and BC = 6x+6, what is the value of x?

Answers

Answer:

  x = 11

Step-by-step explanation:

If we assume that points A, B, and C are on the same line with B between A and C, then we have ...

  AB +BC = AC

  (4x +34) +(6x +6) = 150 . . . . use the given expressions

  10x +40 = 150 . . . . . . . . . . . . collect terms

  10x = 110 . . . . . . . . . . . . . . . .  subtract 40; next, divide by 10

  x = 11

with the equation 4 + 5x = -11 the value of x is

Answers

Answer:

4+5x= -11

5x= - 11-4

5x= - 15

x= - 15÷5

x= - 3

solve 2r+3<7 and -r+9≤2​

Answers

Answer:

r<2

r greater than or equal to 7

Step-by-step explanation:

The solution for r in the two of the given inequalities is r<2 and r ≥ 7, respectively.

What are inequalities?

Inequalities help us to compare two unequal expressions. Also, it helps us to compare the non-equal expressions so that an equation can be formed. It is mostly denoted by the symbol <, >, ≤, and ≥.

The given inequalities can be solved as shown below.

1.)

2r + 3 < 7

Subtract 3 from both sides of the inequality,

2r + 3 - 3 < 7 - 3

2r < 4

Divide both the sides of the inequality by 2,

2r/2 < 4/2

r < 2

2.)

-r + 9 ≤ 2​

Subtract 9 from both sides of the inequality,

-r + 9 - 9 ≤ 2 - 9

-r ≤ - 7

Multiply from both sides of the inequality by -1,

(-r × -1) ≤ (-7 × -1)

r ≥ 7

Hence, the solution for r in the two of the given inequalities is r<2 and r ≥ 7, respectively.

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-1/2y=1/2+5 what is the solution?

Answers

Answer:

-11

Step-by-step explanation:

-1/2y=1/2+5

- 1/2 y = 1+10 (by taking lcm)

               2  

 [tex]\frac{-1}{2}[/tex] x 2y = 11

y = -11

[tex] \frac{ - 1}{ \: \: \: 2} y = \frac{1}{2} + 5[/tex]

[tex] \frac{ - 1}{ \: \: \:2} \times y = \frac{1}{2} + 5[/tex]

[tex] \frac{ - 1}{ \: \: \:2} \times y = \frac{11}{2} [/tex]

[tex]y = \frac{11}{2} \div \frac{ - 1}{ \: \: \:2} [/tex]

[tex]y = \frac{11}{2} \times \frac{ \: \: \: 2}{ - 1} [/tex]

[tex]y = \frac{ \: \: 22}{ - 2} [/tex]

[tex]y = - 11[/tex]

The value of y = -11

Therefore :-

[tex] \frac{ - 1}{ \: \: \:2} \times - 11 = \frac{1}{2} + 5[/tex]

Brainliest

to who helps me plz I need it

Answers

AB || CD and AC is oblique ;

So : Angle ( BAC ) = Angle ( DCA )

_________________________________

∆ ABC - ∆ ACD :

(1) AB = CD

(2) Angle ( BAC ) = Angle ( DCA )

(3) AC = AC

So According to (1) , (2) , (3) :

∆ ABC =~ ∆ ACD

Well, if two triangles are deposited, all their components are equal peer to peer.

So : AD = BC

Owen is signing up for a gym membership with a one-time fee to join and then a monthly fee to remain a member. The one-time fee to join the gym is $100 and the total cost of membership, including the joining fee, would be $200 for 2 months. Write an equation for C,C, in terms of t,t, representing the total cost of the gym membership over tt months.

Answers

Answer: 50t+100

Step-by-step explanation:

If ABC has vertices A (3,-1), B (2, 1), and C(5,3), find vertices of its image A'B'C'
after dilation with a scale factor of 2 about the origin.
OA) A (3/2, 1/2), B'(1,1/2), C'15/2,3/5)
OB) A 16, -2), B'(4,2), C (10, 6)
OC) A (6,2), B (4, 2), C'(10, 6)
OD) A (6,2), B (2, 2), C'(10, 6)

Answers

Answer:

d

Step-by-step explanation:

The vertices of image A'B'C' after dilation with a scale factor of 2 about the origin are , A' (6, -2), B' (4,2), and C' (10, 6).

What is Multiplication?

To multiply means to add a number to itself a particular number of times. Multiplication can be viewed as a process of repeated addition.

Given that;

ABC has vertices A (3, -1), B (2, 1), and C(5, 3).

Now, After dilation with a scale factor of 2 about the origin the vertices of A', B' and C' are,

A' = 2 × (3, - 1)

   = (6, - 2)

B' = 2 × (2, 1)

   = (4, 2)

C' = 2 × (5, 3)

    = (10, 6)

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5h-13=12 ca I have an
answer

Answers

Answer:

h=5

Step-by-step explanation:

Let's solve your equation step-by-step.

5h−13=12

Step 1: Add 13 to both sides.

5h−13+13=12+13

5h=25

Step 2: Divide both sides by 5.

5h /5 = 25 /5

h=5

I this helps may I get brianliest?

Answer: h = 5

Step-by-step explanation: 5h + 13 = 12  -13 + 5h = 12  ( h ) 0 + 5h = 12+13 5h = 25 ~ 5

find three consecutive numbers such that three times the first number is equal to 9 more than the sum of the other two.

Answers

Answer:

12, 13, 14

Step-by-step explanation:

Three consecutive numbers means three numbers in a row, so if n is the first number, the second number is one more than  n (which is n+1) and the third number is one more than that (which is n+2)

So three times (3 x) the first number (n) is equal to (=) nine more than (9 +) the sum of the other two ( (n+1) + (n+2) )

3 times n can be written as 3n

So 3n = 9 + (n+1) + (n+2)

3n = 9 + n + 1 + n + 2

3n = 9 + 1 + 2 + n + n

3n = 12 + 2n

Subtract 2n from each side

3n - 2n = 12 + 2n - 2n

1n = 12

n = 12

So the first number is 12, the second number is 12 + 1 (13) and the third number is 12 + 2 (14)

The numbers are 12, 13, 14

Hope this helps :)

Which ordered pair would form a proportional relationship with the point graphed below?

Answers

I think it’s c. (-10,5)

Answer:

C

Step-by-step explanation:

It is C because it has a proportional value through the diameter of the graph. With that you will also be able to figure this out by seeing that the light in between the graph is even. The numbers that the graph a line with are similar to the answer C.

plzzz help with this on gusssssssyyss

Answers

The answer would be A=3

Answer: a=3

Step-by-step explanation: add 63 to both sides. Then divide both sides by 9 to get a=3.

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