subject
Mathematics, 09.12.2021 23:40 brevinsparks4

The price of a new car is $40,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and secures financing for the balance at the rate of 7%/year compounded monthly. (Round your answers to the nearest cent.) (a) What monthly payment will she be required to make if the car is financed over a period of 48 months? Over a period of 72 months?
48 months $
72 months $

(b) What will the interest charges be if she elects the 48-month plan? The 72-month plan?
48-month plan $
72-month plan $

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:30, alexialoredo625
Anyone know? will mark brainliest if correct
Answers: 1
image
Mathematics, 21.06.2019 19:30, aly95
Ann and betty together have $60 ann has $9 more than twice betty’s amount how much money dose each have
Answers: 1
image
Mathematics, 21.06.2019 19:40, lylah42
The krasnapolski is a top-of-the-line hotel in amsterdam, the netherlands. among their many services, they rent bicycles to guests. the bicycle checkout is open 24 hours per day 7 days per week and has 50 bicycles on hand. on average, 10 guests request a bicycle each day, arriving completely randomly at all times of the day during the spring and summer seasons. guests keep bicycles for four days on average, with a standard deviation of two days. how long does a guest on average have to wait for a bike? a. approximately 24 hours b. approximately 0.033 hours c. approximately 4 days d. approximately 47 minutes
Answers: 3
image
Mathematics, 21.06.2019 20:30, mrguyman
Cody was 165cm tall on the first day of school this year, which was 10% taller than he was on the first day of school last year.
Answers: 1
You know the right answer?
The price of a new car is $40,000. Assume that an individual makes a down payment of 25% toward the...

Questions in other subjects:

Konu
Mathematics, 01.02.2021 23:00
Konu
Health, 01.02.2021 23:00