Carl carpenter buys a drill press. the price, including tax, is $725.00. he finances the drill press over 24 months after making a $50 down payment. the true annual interest rate is 14%. what are carl's monthly payments (principal plus interest)?

amount of interest to the nearest penny, c = $ .
total of payments = amount financed + c = $ .
total of payments ÷ number of payments = monthly payment = $ .

$36

Step-by-step explanation:

The price of the drill press= $725

Down payment = $50

So, principal amount = $725-$50 =$675

He finances the drill press over 24 months

Time = 24 months = 2 years

No. of payments = 24

Rate of interest = 14 % = 0.14

Where time must be in years

So,

Now we are given that Total of payments = amount financed + c

Total of payments = 675+189 =$864

Monthly payment = Total of payments ÷ number of payments

So,Monthly payment = 864÷24

Monthly payment = $36 = 3600 pennies (1 dollar = 100 pennies).

Hence the Carl's monthly payments is $36

let's add {f(x)=x+1}f(x)=x+1 and {g(x)=2x}g(x)=2x together to make a new function.

f(x)+g(x) =(x+1)+(2x)=x+1+2x=3x+1

let's call this new function hh. so we have:

{h(x)}={f(x)}+{g(x)}{=3x+1}h(x)=f(x)+g(x)=3x+1

we can also evaluate combined functions for particular inputs. let's evaluate function hh above for x=2x=2. below are two ways of doing this.

method 1: substitute x=2x=2 into the combined function hh.

h(x)

h(2)

​    

=3x+1

=3(2)+1

=7

​ since h(x)=f(x)+g(x)h(x)=f(x)+g(x), we can also find h(2)h(2) by finding f(2) +g(2)f(2)+g(2).

first, let's find f(2)f(2):

f(x)

f(2)

​    

=x+1

=2+1

=3

​  

now, let's find g(2)g(2):

g(x)

g(2)

​    

=2x

=2⋅2

=4

​  

so f(2)+g(2)=3+4=\greend7f(2)+g(2)=3+4=7.

notice that substituting x =2x=2 directly into function hh and finding f(2) + g(2)f(2)+g(2) gave us the same answer!

answer: im gonna go with milli

step-by-step explanation: