max found a car he wants to buy that costs $16,000. He can afford to pay $250 a month for the car. His bank offers him a car loan of 7.3%. The length of his loan should be about 5 years, so he can afford the payments. true or false​

Answers

Answer 1

Max won't be able to afford the payments.

Since Max found a car he wants to buy that costs $16,000, and he can afford to pay $ 250 a month for the car, and his bank offers him a car loan of 7.3%, and the length of his loan should be about 5 years, to determine if he can afford the payments, the following calculation must be performed:

(16000 x 1.073 ^ 5) / (5 x 12) = X 22,757.187 / 60 = X 379.28 = X

Therefore, each monthly payment will be $ 379.28, so Max won't be able to afford the payments.

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Related Questions

. Macy's mom gives her $100 for her birthday. She buys shirts that're $15 each and pairs of pants that're $25 each. Which expression can be used to calculate how much money she has left? (Use s for shirts and p for pants.) *

Answers

Answer:

100-(15s+25p)

Step-by-step explanation:

In a sale, a clothes shop reduces its prices by 30%.
A shirt usually costs $24.
How much is it in the sale?

Answers

Answer:

$16.80

Step-by-step explanation:

30% of 24 and the answer is subtracted from $24

5184 divided by 27
JUST ANSWER

Answers

Answer:

[tex]5184 \div 27 = 192[/tex]

Step-by-step explanation:

Hope this helps you !!

The graph shows a nonstandard normal distribution curve with
a mean of 59.0 and a standard deviation of 6.7.
Find the area of the shaded region.
.7761
.2177
.3650
.7823

Answers

Using the normal distribution, it is found that the area of the shaded region is of 0.7823.

In a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

It measures how many standard deviations the measure is from the mean.  After finding the z-score, we look at the z-score table and find the p-value associated with this z-score, which is the percentile of X.

In this problem:

The mean is of 59, hence [tex]\mu = 59[/tex].The standard deviation is of 7, hence [tex]\sigma = 7[/tex].

The shaded region is the region to the left of 64.2, hence it's area is the p-value of Z when X = 64.2.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{64.2 - 59}{6.7}[/tex]

[tex]Z = 0.7761[/tex]

[tex]Z = 0.7761[/tex] has a p-value of 0.7823.

The area of the shaded region is of 0.7823.

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2y-7.4y=141.36
solve for y

Answers

2y-7.4y=141.36
-5.4y=141.36
-y=141.36/5.4
y= -26.1777778 or -26.18

Each week, the price of oranges at the farmer's market increases by 20%.

The price of oranges this week is $4.50.

What was the price last week?

Answers

Answer:

3.6? I don't really know

Please help me with percentages.

Answers

If there were no tip, each person would have to pay $5. They pay this much because if the bill is $50 and there are 10 people, would would calculate by 50 divided by 10 which would equal 5 so 10 people pay $5 dollars. The total would be $50.

Answer:

I think the answer would be 10%.

Help me please ******

Answers

Answer:

  it is

Step-by-step explanation:

The parallel horizontal sides are the same length, so the figure is a parallelogram.

What is this 3(x+2)<4(x−2)

Answers

answer:

x>14

hope this helped

I need some help with this question. It says: expand and simplify 5(x + 7) + 3(x - 2)

Answers

Answer:

8x+29

Step-by-step explanation:

open the brackets the collect like terms together

What is the area of the figure?

Answers

Answer:

doc

Step-by-step explanation:

sdsc

22.68 ÷ 14.65 ayuden pliss

Answers

Answer:

1.54

Step-by-step explanation:

Please help I only have an hour. ​

Answers

Answer:

Slope (m) = [tex]\frac{y}{x} = \frac{2}{3} = 0.66666666666667[/tex]

Step-by-step explanation:

[tex]0 = arctan (\frac{y}{x}) = 33.69006752598°[/tex]

X = 4 – 1 = 3

Y = 4 – 2 = 2

[tex]Distance (d) = \sqrt{x^2+y^2}= \sqrt{13} =3.605551275464[/tex]

Equation of the line:

y = 0.66666666666667x + 1.3333333333333

or

[tex]y=\frac{2}{3}x+\frac{4}{3}[/tex]

When x=0, y = 1.3333333333333

When y=0, x = -2

One week Culver earned $375.50 regular pay and $65.50 overtime pay. His net pay for the week was $230.90. How much did he have withheld for deductions?

Answers

Answer:

He had $210.1 after deductions.

Step-by-step explanation:

Add his regular pay and overtime pay together

$375.50 + $65.50 = $441

Now subtract his net pay from the total that he makes before deductions - with his overtime and regular pay.

$441 - $230.90 = $210.1

I need help with this

Answers

Answer:

5 + 5 = 10

10 + 10 = 20

20 + 20 = 40

40 + 40 = 80

80 is the answer.

A triangle has side lengths of 2 feet, 5.4 feet, and 5 feet. The angle measures are 90 degrees, 73 degrees, 17 degrees. Another triangle has side lengths of 3 feet, 8.1 feet, 7.5 feet. The angle measures are 90 degrees, 73 degrees, 17 degrees. Are the triangles similar? If so, what is the scale factor going from the top triangle to the bottom triangle?

Answers

Answer:

Yes. The factor is 3/2 (=1,5)

Step-by-step explanation:

They have all the 3 angles congruent, so they are similar. You calculate the scale factor by dividing the hypotenuse (for example) of the second triangle by the hypotenuse of the first one.

Answer:

1) yes 2) 1.5

Step-by-step explanation:

have a nice day! <:

please answer, thank you in advance to whoever does !!!!

Answers

Answer:

B

Step-by-step explanation:

Move it down 3 units, then rotate it.

Employee: "We have a promotion that will allow us to beat our competitors' prices and save you money. Did you notice that our competitor is selling that same item for $150.00?
Customer: "Yes"
Employee: "Our price for that item is $120.00, for a savings of __________."10% 15% 20% 30% 40%

Answers

Answer:

20%

Step-by-step explanation:

120 / 150 = 0.8 or 80%, so the difference is 20%

The discount percentage is 20%.

Given that the competitor is selling an item for $ 150.00, while the price for that item in the store is $ 120.00, the following calculation must be performed to determine the discount percentage:

150 = 100 120 = X 120 x 100/150 = X 80 = X 100 - 80 = X 20 = X

Therefore, the discount percentage is 20%.

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PLEASE HELP ME

7. (37:10) Kevin finds Buzz's life savings. If Buzz
had $47 and had been saving for 17 years, how
much could we expect him to save in 30 years?

Answers

Based on the information given, the amount that he'll be expected to save in 30 years will be $83.

From the question given, since Buzz had $47 and had been saving for 17 years, the amount saved per year will be:

= $47/17

= $2.7647

Therefore, the amount that'll be saved in 30 years will be:

= 30 × $2.7647

= $82.941

= $83

The amount saved will be $83.

Learn more about equations on:

https://brainly.com/question/13802812

Joe started to save money to purchase a new game console. His savings at the end of the first week included a jar of 468 nickels and dimes. The total value of the coins was $34.40. Which system of equations below would be the best to use to find the number of nickels and dimes Anthony had at the end of the first week?
What is the solution to this equation? 2 x + 3 = x − 4

Answers

The system of equations that can be used to determine the number of nickels and dimes is:

x + y = 468

0.05x + 0.01y = 34.40

Where:

x = number of nickels

y = number of dimes

The equation that can be used to determine the number of nickels and dimes are known as simultaneous equations. Both equations have to be solved together in order to determine the required values.

For more information, please check: https://brainly.com/question/25802822

To attend a class field trip, each student will have to pay 3$ for a theater ticket and $2.50 for transportation. If there are 200nstudents in the class, how much money will be collected for the field trip?​

Answers

Answer:

1100

Step-by-step explanation:

because everyone will be giving 5.5 dollars and if you multiply that with 200 you get 1100

Answer:

1,100

Step-by-step explanation:

A ream of paper contains 480 sheets. Each sheet is 0.014 cm thick. Find the thickness of the ream of paper.

Answers

Answer:

19.2 cm

Step-by-step explanation:

480×0.014

=19.2

Solve for W
4w^2+9w= -2

Answers

Answer:

[tex]w_1=-\frac{1}{4},w_2=-2}[/tex]

Step-by-step explanation:

[tex]4w^2+9w=-2[/tex]

[tex]4w^2+9w+2=0[/tex]

[tex]w^2+9w+8=0[/tex]

[tex](w+1)(w+8)=0[/tex]

[tex](4w+1)(w+2)=0[/tex]

[tex]w_1=-\frac{1}{4},w_2=-2}[/tex]

Can someone please help me with this one? Tysm!!

Answers

Answer:

-26

Step-by-step explanation:

well add the negative numbers first so you get

-17-18=(-35)

then you add 9 so its (-35)+9=26

Answer:

Step-by-step explanation:

-17 + 9 +(-18) = -8 -18 = -26 final answer

Can someone help please !

Answers

Answer:

2

Step-by-step explanation:

[tex]16^{\frac{1}{4} }[/tex] can be rewritten as [tex]\sqrt[4]{16}[/tex].

Solve for the 4th root of 16.

16=4*4=(2*2)(2*2)=2

2

just trust me please

the probability of selecting a green ball from a bag is a 1 out of 8. If you select 3 balls, what is the probability of at least one of them being green?

Answers

Answer:

3/8

Step-by-step explanation:

simply multiply 1/8 by 3/1

3X1 is 3 and 8X1 is 8 so 3/8

Write the other side of this equation so it’s true for all values of x 1/2(6x - 10) - x=

Answers

Answer:

i think 1/2(6x-10)-x = 2x-5

were u get 8 from and 17.6 u need to show ur work

Answers

I don’t understand what this question is asking for but here is what I understood.

8 comes after 7 and before 9

17.6 comes after 17.5 and before 17.7

hope it helps…?

Find two numbers that round to 387.4 when rounded to the nearest tenth.

Answers

answer:
1. 387.43 (.43 is closest to .4, not .5)
2. 387.41 (.41 is closest to .4, not .5)

hope this helps!

The width of the rectangle is 50% of its length. What is the area of the rectangle?

Answers

Answer:

area = length x half of length

Step-by-step explanation:

whatever the length of the rectangle is, replace it with 'length'

for example if the length was 6cm, it would be:

length x half of length = area

6cm x (6/2) = area

6cm x 3cm = area

18cm² = area

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