$24,000 for new Honda, 2.75% interest rate for 4 years. What is the monthly payment? ( Explanation needed)

(Use the attached formula)

24,000 for 4 years (48 months) at 2.75% interest

We divide rate by 1,200 which equals 0.0022916667

Monthly Payment = 0.0022916667 + {(0.0022916667 / [(1.0022916667)^48 -1]} * 24,000

Monthly Payment = 0.0022916667 + (0.0022916667 /  (1.1161375981  -1) * 24,000

Monthly Payment = [0.0022916667 + (0.0022916667 /  0.1161375981 ] * 24,000

Monthly Payment = [0.0022916667 +  0.0197323411 ] *24,000

Monthly Payment = 0.0220240078  * 24,000

Monthly Payment = 528.5761872  = 528.58 (rounded)

Step-by-step explanation:

intensity of the vector is v= √37 ≈ 6.08 units and make angle ∡α ≈ 9.46° with east direction

step-by-step explanation:

required vector is consists of the two componentsvx= 2+4=6 units   and vy= 1 unit and vx ⊥ vywe will use pythagorian theorem to find intensity of the vector vv∧2 = vx∧2 + vy∧2 => v = √vx∧2 + vy∧2 = √6∧2 + 1∧2 = √36+1 = √37 ≈ 6.08 unitsthe angle ∡α between vector and east direction we wil find with tanαtanα = 1/6 => α = arc tanα = arc 1/6 => α ≈ 9.46°

hope this

a and c

step-by-step explanation: