A Jeep Grand Cherokee costs about $45,000 right now. What would be the monthly payment if you could get a 60 month loan at 7.5% APR? Can you afford this?

Answers

Answer 1

The monthly payment if you could get a 60-month loan at 7.5% APR is $1,031.25

First, we need to get the amount on the cost of the Jeep at the rate of 7.5% using the formula

Amount = Principal + Interest

Given the following parameters

Interest = PRTR is the rate = 7.5%T is the time in years = 5 years

Get the interest

Interest = 45,000 * 0.075 * 5 Interest = $16,875

Get the amount;

Amount = $45,000 + $16,875Amount = $61,875

Calculate the monthly payment:

Monthly payment = Amount/60Monthly payment = $61,875/60Monthly payment = $1,031.25

Hence the monthly payment if you could get a 60-month loan at 7.5% APR is $1,031.25

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Related Questions

Find the value of x need help

Answers

Answer:

x = 13

Step-by-step explanation:

180-52=10x-2

130=10x

13=x

Shown is a pentagon, with the size of
each angle shown. Work out the largest angle.

Answers

Answer:

160°

Step-by-step explanation:

The sum of the interior angles of a polygon is

sum = 180° (n - 2) ← n is the number of sides

Here n = 5 , then

sum = 180° × 3 = 540°

sum the interior angles and equate to 540

x + 10 + 2x + 10 + x + 10 + 2x+ x + 20 = 540 , that is

7x + 50 = 540 ( subtract 50 from both sides )

7x = 490 ( divide both sides by 7 )

x = 70

Then

largest angle = 2x + 10 = 2(70) + 10 = 140 + 10 = 150°

The solution is  : the largest angle is 150°.

What is the polygon?

A polygon is a two-dimensional geometric figure that has a finite number of sides. The sides of a polygon are made of straight line segments connected to each other end to end. Thus, the line segments of a polygon are called sides or edges.

here, we have,

The sum of the interior angles of a polygon is

sum = 180° (n - 2) ← n is the number of sides

Here n = 5 , then

sum = 180° × 3 = 540°

sum the interior angles and equate to 540

x + 10 + 2x + 10 + x + 10 + 2x+ x + 20 = 540 , that is

7x + 50 = 540 ( subtract 50 from both sides )

7x = 490 ( divide both sides by 7 )

x = 70

Then

largest angle = 2x + 10

                      = 2(70) + 10

                      = 140 + 10

                      = 150°

Hence, The solution is  : the largest angle is 150°.

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#SPJ2

Help me with this plzzzzzzzzz

Answers

The correct answer would be x < 2 or D


A movie theater is splitting
cups 30 of popcorn into 18
bags. How much popcorn
will each bag holde

Answers

Answer:

30/18=1 2/3 cups of popcorn in each bag

Hope This Helps!!!

Write the equation for the following sequence: 18, 15, 12,… Write the equation in terms of n (do not use Sn).

Answers

Answer:

18-3(n-1)

Step-by-step explanation:

solve using system of equations by using elimination method for -5x+4y=2 ; 9x-4y=6

Answers

Answer:

y = 3

x = 2

Step-by-step explanation:

-5x + 4y = 2

9x - 4y = 6

Sum both eq.

-5x + 9x = 4x

+4y - 4y = 0

2 + 6 = 8

then:

4x + 0 = 8

4x = 8

x = 8/4

x = 2

from the first eq.

-5x + 4y = 2

-5*2 + 4y = 2

-10 + 4y = 2

4y = 2 + 10

4y = 12

y = 12/4

y = 3

Check:

from the second eq.

9x - 4y = 6

9*2 - 4*3 = 6

18 - 12 = 6

A newborn child receives a ​$6000 gift toward a college education from her grandparents. How much will the ​$6000 be worth in 18 years if it is invested at ​7.6% compounded​ quarterly?

Answers

Answer:

333.333333333

Step-by-step explanation:

you have to divide

Dalvin has a toy car collection of 200 toy cars. He keeps 194 of the toy cars on his wall. What percentage of Dalvin's toy car collection does he keep on his wall?

Answers

Answer: 97%

Step-by-step explanation:

what is 194 out of 200 ? 97%

AND IM SO SORRY ABOUT RED DEV!L

In a group of workers, 16 belonged to a lottery syndicate and 4 did not.

What fraction of the workers did not belong to the syndicate?

1: 4/16

2: 1/5

3: 1/4

4: 3/4

Answers

Answer:

HI THERE

the answer is number 1 !!

correct me if I'm wrong

What kind of taxes are likely to pay for universities and police?
а
local taxes
b. state taxes
C federal taxes
d income taxes

Answers

Your answer would be B. State Taxes

Answer: I'd say the best answer is b.

Step-by-step explanation:

If line segment AB represents 25​%, what is the length of a line segment that is​ 100%?

Answers

Answer:32 Inches
I Hope This Helps

Read in equality quality for the graph shown below use ask for your beard

Answers

Answer:

x<-3

Step-by-step explanation:

0.15% of what number is 10.5

Answers

the answer is 7000..

Answer:

70

Step-by-step explanation:

10.5/0.15 = 70

Check:

70 · 0.15 = 10.5

2-6² +4 2

please help it's review for my finals ​

Answers

Answer: I don’t know :(

Step-by-step explanation:

Answer:

8

Have an amazing day!

1) A museum borrows $2,000,000 at simple annual interest to purchase new exhibits. Let x represent the amount borrowed at 7%, y represent the amount borrowed at 8.5%, and z represent the amount borrowed at 9.5%. Set up a system of linear equations to determine how much is borrowed at each rate given that the total annual interest is $169,750 and the amount borrowed at 8.5% is four times the amount borrowed at 9.5%. Then write the system in matrix form. You do not have to solve the system.

Answers

Based on the information the amount borrowed at each rate is:

Z=9.5%=$350,000Y= 8.5%=$1,400,000X=7% =$250,000

Let x=9.5%  

Let 4x= 8.5%  

Let 7% =$2,000,000 - 5x

Formulate

0.095x + 0.085(4x) + 0.07(2,000,000-5x) = 169,750

Collect like terms

0.095x + 0.34x + 140,000 - 0.35x = 169,750

Divide both side by 0.085x

0.085x = 29,750

x=29,750/0.085

x =$350,000

Amount borrowed at each rate:

Z=9.5% =$350,000

Y= 8.5% =$350,000×4

Y= 8.5% =$1,400,000

X=7% =$2,000,000 - 5($350,000)

X=7%=$2,000,000-$1,750,000

X=7% =$250,000

Matrix form

Z $350,000

Y $1,400,000

X $250,000

Inconclusion the amount borrowed at each rate is: $350,000; $1,400,000; $250,000.

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Find the exact value of sin^-1(-√3/2)

Answers

Answer:

  -60°

Step-by-step explanation:

Your calculator and/or your knowledge of trig function values can find this for you.

The arcsine function has a range of -90° to +90°. Positive angles 240° and 300° will also have the sine value -√3/2.

  arcsin(-√3/2) = -60° = -π/3 radians

help now plsssssssssssssssssssssssss

Answers

cheater bro wyd ur doing a diagnostic try ur best lol

The price of gas on Wednesday was 52.03/gallon. On Friday, the price of gas was $2.26. What is the percent change in the price of gas?

Answers

Answer:

Percent change in the price of gas is [tex]9.85\%[/tex]

Step-by-step explanation:

Percentage change equals the change in value divided by the absolute value of the original value, multiplied by  .

[tex]\text { Percentage Change }=\frac{\Delta V}{\left|V_{1}\right|} \times 100[/tex]

Here

[tex]\Delta V=2.26-2.03\\\\=0.23\$/gallon[/tex]

[tex]V_{1}=2.03\$/gallon[/tex]

The percent change in the price of gas

[tex]=\frac{0.23}{2.03} \times100\\\\=9.85\%[/tex]

Percent change in the price of gas is [tex]9.85\%[/tex]

please help I am so lost rn
(please put step by step if you can)
thanks!​

Answers

Answer:

x=-5 and y= 4

Step-by-step explanation:

To eliminate x, add up both equations

9y= 36

divide both sides by 9

y=36/9

y= 8

To eliminate y, multiply the first equation by 8

-16x + 8y = 112

2x+ 8y= 22

Subtract equation 2 from equation 1

-18x = 90

Divide both sides by -18

x= 90/-18

x= -5

If one of the factors of r ^ 2 + 21r + 98 is r + 7 , what is the other factor?

Answers

Answer:

i think factor the expression (r+7)(r+14) is answer

Step-by-step explanation:

Answer:

(r + 14)

Step-by-step explanation:

When factoring a trinomial in the form of:

[tex]ax^2+bx+c[/tex]

you need to find 2 numbers that multiply to make ac and add to make b. Here, we need to find 2 numbers that multiply to 98 and add to 21. First, list the factors of 98:

1, 98

2, 49

7, 14

and the reverse of all of those is also true.

Now find factors that add to 21. In this case, those are 7 and 14. You need to break the middle term in the trinomial into those 2 numbers:

[tex]r^2+21r+98\\r^2+7r+14r+98[/tex]

Finally, you can factor each half of this individually.

[tex](r^2+7r)+(14r+98)\\r(r+7)+14(r+7)\\(r+14)(r+7)[/tex]

We were already given (r + 7), so the answer is (r + 14).

What amount of a 40% acid solution must be mixed with 200 mL 10% solution to produce a 20% solution?

Answers

Answer:

Step-by-step explanation:

(x + 200)20 = 200(10) + x(40)

20x + 4000 = 2000 + 40x

2000 = 20x

X = 100 mL

find the value of x {0<x<(π/2)} satisfying (cos x / cosec x + 1) + (cos x / cosec x-1) = 2 ​

Answers

In attachment I have answered this problem.

The value of x {0 < x < (π/2)} satisfying (cos x / cosec x + 1) + (cos x / cosec x-1) = 2 ​is x = π/4.

Since cos x /(cosec x + 1) + cos x /(cosec x - 1) = 2 ​

Taking the L.C.M (cosecx + 1)(cosecx - 1), we have

[cosx(cosecx - 1) + cosx(cosecx + 1)]/(cosecx + 1)(cosecx - 1) = 2

[cosxcosecx - cosx + cosxcosecx + cosx]/(cosec²x - 1²) = 2

[cosx/sinx - cosx + cosx/sinx + cosx]/(cosec²x - 1²) = 2

[cotx - cosx + cotx + cosx]/(cosec²x - 1) = 2

collecting like terms, we have

[cotx + cotx + cosx - cosx ]/(cosec²x - 1) = 2

[2cotx + 0]/(cosec²x - 1) = 2

2cotx/(cosec²x - 1) = 2

cotx/(cosec²x - 1) = 1

Since cot²x + 1 = cosec²x ⇒ cot²x = cosec²x - 1

So, cotx/(cosec²x - 1) = 1

cotx/cot²x = 1

1/cotx = 1

tanx = 1

Taking inverse tan of both sides, we have

x = tan⁻¹(1)

x = 45°

x = 45 × π/180

x = π/4

So, the value of x {0 < x < (π/2)} satisfying (cos x / cosec x + 1) + (cos x / cosec x-1) = 2 ​is x = π/4.

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what decimal represents the fraction 1/4

Answers

Answer:

0.25

Step-by-step explanation:

1/4 is equal to 1.00 split into 4 equal parts. 0.25*4 = 1.00 , meaning that each 1/4 is equal to 0.25

Answer:

0.25.

Step-by-step explanation:

We divide 1 by 4:

4)  1. 00

    0.25

point w is graphed at (n,1)

Answers

Answer:

find the vertical asymptote of the graph of f(×) = (×+3) +2.

A statistics teacher has a large container of beads that she says contains 60% blue beads. A student randomly selects
50 beads. Let p = the true proportion of blue beads in the container. If the true proportion of blue beads is 0.60, which
value of ô is least likely to occur?
O 0.50
0.60
O 0.70
0.80

Answers

Answer:

0.80

Step-by-step explanation:

its the farthest away from 0.60

A rectangle has a perimeter of 270cm and its length is 2½cm times its width find its width​

Answers

Answer:

Step-by-step explanation:

If you mean length is 2½ times its width not "2½cm times its width"

      2(L + W) = 270

2(2.5W + W) = 270

      2(3.5W) = 270

              7W = 270

                W = 38.5714285714...

                W ≈ 38.57 cm

Answer:

Width = 38. 57 cm

Step-by-step explanation:

The perimeter of a Rectangle = 270 cm

Now,

Let's take x to be the width.

Length = 2½ = 5x/2

According to the formula,

The perimeter of a rectangle = 2 ( l + w )

270 = 2 ( 5x/2 + x )

270 = 5x + 2x

270 = 7x

x = 270/7

x = 38. 57 cm.

• The width of a rectangle is 38.57 cm

Molly went to play miniature golf on Monday, when it cost $7 to rent the club and ball, plus $1 per game. Sharon went Thursday, paying $2 per game, plus rental fees of $4. By coincidence, they played the same number of games for the same total cost. How much did each one spend?

Answers

Answer:

Molly played 4 games

B. Analyze the problem below and answer the questions that follow. a monthly salary of Php 18.500 Complete the table below which shows the deductions on Bianca has her payslip Name Bianca Ramos Assistant For the month of September 2020 Basic Salary 18,500 00 Position Financial Allowances Total Earnings 18.500 00 DEDUCTIONS Description SOCIAL SECURITY SYSTEM MEDICARE (PHILHEALTH) PAGIBIG (FUND) BIR (WITHHOLDING TAX) Amount of Deduction (11) (12) (13) (14). Total Deductions (15) NET PAY (16)​

Answers

The completed table showing Bianca Ramos's tax deduction and NET PAY

is presented as follows;

SOCIAL SECURITY SYSTEM = Php 1,147

MEDICARE (PHILHEALTH) = Php 268.25

PAGIBIG (FUND) = Php 370

BIR (WITHHOLDING TAX) = Php 5,509.19

Total deductions = Php 7,294.44

NET PAY = Php 11,205.56

Reasons:

Based on online search, the tax rate for the items on the table are as follows;

SOCIAL SECURITY SYSTEM = 6.20% of earnings

MEDICARE (PHILHEALTH) = 1.45% of earnings

PAGIBID (FUND) = 2% of salary

BIR (WITHOLDING TAX) = P1,342.47 + 32% over P5,479

Bianca Ramos's basic salary = 18,500.00

Which gives the deduction amount as follows;

SOCIAL SECURITY SYSTEM = 0.062 × 18,500.00 = 1,147

MEDICARE (PHILHEALTH) = 0.0145 × 18,500.00 = 268.25

PAGIBIG (FUND) = 0.02 × 18,500.00 = 370

BIR (WITHHOLDING TAX) = 1,342.47 + 0.32×(18,500 - 5,479) = 5,509.19

Total deductions = 1,147 + 268.25 + 370 + 5,509.19 = 7,294.44

NET PAY = 18,500 - 7,294.44 = 11,205.56

Her net pay = Php 11,205.56

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Express (8 - 3sqrt(2))/(4 + 3sqrt(2)) in the form of a + b * sqrt(2) where a and b are integers.​

Answers

Answer:   [tex]\boldsymbol{-25+18\sqrt{2}}[/tex]

The expression is in the form [tex]a+b\sqrt{2}[/tex] where a = -25 and b = 18

==========================================================

Work Shown:

Let [tex]x = 3\sqrt{2}[/tex] and then square both sides

[tex]x = 3\sqrt{2}\\\\x^2 = \left(3\sqrt{2}\right)^2\\\\x^2 = \left(3\right)^2*\left(\sqrt{2}\right)^2\\\\x^2 = 9*2\\\\x^2 = 18\\\\[/tex]

We'll use both x and x^2 later on.

---------------------

The denominator is in the form 4+x. We'll multiply top and bottom by 4-x to then use the difference of squares rule. This will allow us to eliminate the square root in the denominator.

[tex]\frac{8-3\sqrt{2}}{4+3\sqrt{2}}\\\\\frac{8-x}{4+x}\\\\\frac{(8-x)(4-x)}{(4+x)(4-x)}\\\\\frac{32-8x-4x+x^2}{16-x^2} \ \text{ difference of squares rule}\\\\\frac{32-12x+x^2}{16-x^2}\\\\[/tex]

[tex]\frac{32-12*3\sqrt{2}+18}{16-18} \ \text{ plug in } x = 3\sqrt{2} \text{ and } x^2 = 18\\\\\frac{50-36\sqrt{2}}{-2}\\\\\frac{-2(-25+18\sqrt{2})}{-2}\\\\\boldsymbol{-25+18\sqrt{2}}[/tex]

Therefore,

[tex]\frac{8-3\sqrt{2}}{4+3\sqrt{2}}=\boldsymbol{-25+18\sqrt{2}}[/tex]

-------------------------------------

Checking the answer:

Use a calculator to find that,

[tex]\frac{8-3\sqrt{2}}{4+3\sqrt{2}} \approx 0.45584412271571 \\\\-25+18\sqrt{2} \approx 0.45584412271571[/tex]

We get the same decimal approximation, which helps confirm the correct answer.

Or you could use the idea that if M = N, then M-N = 0 to subtract the original expression M and the final result N. You should get 0 or very close to it.

Three Snickers bars and two Butterfinger bars contain a total of 23 grams of protein. One Snickers bar and one Butterfinger bar contain a total of 10 grams of protein. How much protein does one Snickers bar contain?

Answers

Answer:

.

Step-by-step explanation:

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