Henry has $2,500 for a down payment and thinks he can afford monthly payments of $400. if he can finance a vehicle with an 8 percent, 3-year loan from a local bank, what is the maximum amount henry can spend on the car?

$13,931.18

Step-by-step explanation:

DP: down payment FV: future value, PV:present value, i:interest rate, n:time

PV=14,400/(1.08)^3=$11,431.18

Max amount=PV+DP=11,431.18+2500=$13,931.18

option 1 is correct.

step-by-step explanation:

y varies inversely with x and constant of variation is 4

the equation will be:

y = k/x

where k =4 so,

y = 4/x

if we put values of x of option 1 in the above equation and find values of y

y = 4/-2 => y =-2

y = 4/-1 => y = -4

y = 4/1 => y = 4

y = 4/2 => y =2

so, all the values of x and y are correct.

if we put values of x given in other options and find value of y we cannot find whole table satisfying the equation.

hence option 1 is correct.

answer: 2 answers

step-by-step explanation: the first one means to spread the product throughout the marketplace such that a large number of people can buy it.  

the second means the process of making a product or service available for the consumer or business user that needs it.

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