URGENT!! I NEED HELP ASAP NOT ROCKY
Ryan wishes to purchase a new boat and can afford monthly payments of up to $300 per month. Finance is available and the terms are that the loan lasts for 3 years, and the annual interest rate is 12%. What is the maximum price for a boat that Ryan's budget can afford? Round your answer to the nearest hundred dollars.

Answers

Answer 1

Answer:

$9000

Step-by-step explanation:

Given

Monthly payment P = $300Time t = 3 years = 36 monthsNumber of payments n = 36Interest rate r = 12% PA = 1% per month = 0.01 times

Use loan payment formula:

P = r(PV) / (1 - (1 + r)⁻ⁿ), where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments

Substitute values and solve for PV:

300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)PV = 300*(1 - 1.01⁻³⁶ )/ 0.01 PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)


Related Questions

What is 863 divided by 4

Answers

The answer is : 215.75

Answer:

215.75

Step-by-step explanation:

.       .

 ----

which table has a constant of proportionality between y and x of 1/5? (from khan academy)
A.x-y
2-4/5
7-14/5
12-24/5
B.x-y
8-8/5
9-9/5
10-2
C.x-y
3-16/5
5-26/5
7-36/5

Answers

Answer:

C

Step-by-step explanation:

Solve for each choice until you get the answer 1/5.

A.

2 - 4/5

10/5 - 4/5 = 6/5; this is not 1/5

B

8 - 8/5

40/5 - 8/5 = 32/5; this is not 1/5

C

3 - 16/5

15/5 - 16/5 = -1/5

5 - 26/5

25/5 - 26/5 = -1/5

7 - 36/5

35/5 - 36/5 = -1/5; although this is negative, it still has the same proportionality of 1/5

a theater has 32 rows of seats. if there are 15 seats in the first row, 19 seats in the 2nd row, 23 in the 3rd row, and so on, how many seats total are there in all

Answers

Answer:

2464

Step-by-step explanation:

I added it up :)

Can someone help me please ?

Answers

Answer:

It's 48 degrease

Step-by-step explanation:

Both of the other angles are the same which means that the other two are gonna be the same.

Which of the following properties justifies that: "If XU = UV and UV PQ, then XU = PQ"?

a. reflexive b. symmetric
c. transitive d. equivalence​

Answers

Answer:

Transitive property

Step-by-step explanation:

Given

[tex]XU = UV[/tex]

[tex]UV = PQ[/tex]

Then:

[tex]XU = PQ[/tex]

Required

Determine the property

The property is transitive.

It states that:

Given that:

[tex]a= b[/tex] and [tex]b = c[/tex]

Then:

[tex]a = c[/tex]

When this is applied here, we have:

Given that:

[tex]XU = UV[/tex] and [tex]UV = PQ[/tex]

Then:

[tex]XU = PQ[/tex]

Find the value of
x
xx in the triangle shown below.
x
=
x=x, equals



degrees

5
8

58


x

x


6
6
6
6
5.8
5.8

Answers

Answer:

10

Step-by-step explanation:

he question lacks appropriate diagram. Find the diagram attached below.

From the isosceles triangle shown, we can see that it is made up of two right angled triangle.

Using the Pythagoras theorem to solve for the adjacent side of both right angled triangles we will have;

From the formula:

Hyp² = Opp²+Adj²

Adj² = Hyp² - Opp²

The hypotenuse and the opposite of both triangle is equal. Hence their adjacent side will also be equal.

Given Hypotenuse = √74

Opposite = 7

Adj² = Hyp²-Opp²

Adj² = (√74)² - 7²

Adj² = 74-49

Adj² = 25

Adj = √25

Adj = 5

The adjacent of both sides are equal

x = 2 × Adjacent side

x = 2(5)

x = 10

Helppppppppp meeee pleaseeee​

Answers

Answer:

99 kilograms

Step-by-step explanation:

if 1 tire is 11 kg then 9 tires is 99

1 tire = 11

9 tires= 11 * 9

=99 kg

99 kilograms I think

Fill in the blanks to complete the sentences below. (a) As the number of samples​ increases, the proportion of​ 95% confidence intervals that include the population proportion approaches​ ______. (b) If a​ 95% confidence interval results in a sample proportion that does not include the population​ proportion, then the sample proportion is more than​ ______ standard errors from the population proportion. ​(This is a reading assessment question. Be certain of your answer because you only get one attempt on this​ question.)

Answers

Answer:

a) the proportion of​ 95% confidence intervals that include the population proportion approaches 0.95

b) Sample proportion does not include the population proportion then the sample proportion is more than 1.96 standard error from the population proportion

Step-by-step explanation:

a)

Given the the data in the question, confidence level is 95%.

In this case as the number of samples increases, the proportion of 95% confidence intervals that include the population proportion approaches 0.95. hence the expected value of the proportion.

b)

Given the the data in the question, confidence level is 95% and sample proportion

we know that In normal distribution 68% confidence indicate one standard deviation, 95% confidence indicate 2 standard deviation while 99.97% confidence indicate 3 standard deviation.

The sample proportion does not include the population proportion, in 95% confidence from the standard normal table 0.95 value lies within the critical value of 1.96 approximately 2.

hence ( z =2 ) that satisfied the 1.96 standard error from the population proportion

hence, Sample proportion does not include the population proportion then the sample proportion is more than 1.96 standard error from the population proportion

Using confidence interval concepts, it is found that:

a) As the number of samples​ increases, the proportion of​ 95% confidence intervals that include the population proportion approaches​ 95%.

b) If a​ 95% confidence interval results in a sample proportion that does not include the population​ proportion, then the sample proportion is more than​ 2 standard errors from the population proportion.

Item a:

For a x% confidence interval, approximately x% of confidence intervals will include the population proportion, and this percentage approaches x as the number of intervals increase, hence, the correct sentence is:

As the number of samples​ increases, the proportion of​ 95% confidence intervals that include the population proportion approaches​ 95%.

Item b:

By the Empirical Rule, 95% of the measures are within 2 standard deviations of the mean, hence, the correct sentence is:

If a​ 95% confidence interval results in a sample proportion that does not include the population​ proportion, then the sample proportion is more than​ 2 standard errors from the population proportion.

A similar problem is given at https://brainly.com/question/23536238

1
13. Mark has a board that is 12 feet long. He
cuts the board into 8 pieces that are the
same length. How long is each piece?
pany. Image Credits: (b) Cjupit

Answers

Answer:

1.5 feet

Step-by-step explanation:

12/8 = 1.5 feet

Supposed that the weight (in pounds) of an airplane is a linear function of the amount of fuel (in gallons) in the tank. When carrying 14 gallons of fuel the airplane weighs 2177 pounds when carrying 42 gallons of fuel it weighs 2331 pounds. How much does the airplane weigh if it is carrying 48 gallons of fuel?

Answers

Answer:2885

Step-by-step explanation:

Is (9,5) a solution to this system of inequalities?
X + y > 14
7x + 13y > 15
yes
no

Answers

Answer:

yes it is..............

The inverse of the function

Answers

Answer:

It should be B

Step-by-step explanation:

The answer would be B because when you are finding the inverse you would need to set the variable in this case f(x) to f(x)^-1. Which means you need to divide each term by 3 and then after solve for y

Hailey made the following statement: "It is impossible to build a rectangular prism with a volume of 40 units 3 if one side measures 5 units." Key represents 1 cubic unit Select the two figures below that prove Hailey's statement is false.(no links/files)​

Answers

Answer:

The answer is 3) and 4)

Step-by-step explanation:

They both have 40 units and a side that measures 5 units

A pair of sunglasses is priced $15. If they are on sale for 30% off, what is the sale price?

Answers

Answer:

12 dollars

Step-by-step explanation:

This means the cost of the item to you is $12. You will pay $12 for a item with original price of $15 when discounted 20%. In this example, if you buy an item at $15 with 20% discount, you will pay 15 - 3 = 12 dollars.

Answer:

$4.50

Step-by-step explanation:

We know that there are sunglasses has a price of fifteen dollars.

We also know that said glasses are on sale for 30% off.

We need to find the sale price of these sunglasses.

When you need to find a certain sale price for an item, you need to multiply the original price by the percent it's on sale for.

[tex]OGprice * percent -off[/tex]

[tex]15*30[/tex]%

[tex]4.5[/tex]

Therefore, the sale price is 4 dollars and 50 cents.

Please help solve, 7th grade work (see image)

Answers

The correct answer is D

Select the statement that describes this expression: 5 x (3 + 4) − 4. (2 points)

a
5 times the sum of 3 and 4, then subtract 4

b
5 times 3 plus 4 minus 4

c
5 more than the sum of 3 and 4, and then subtract 4

d
5 times 3 plus the difference of 3 and 4

Answers

The answer is c answer on Ed

If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple interest will she have to pay on the loan?​

Answers

Answer:

$2750 worth of simple interest

Step-by-step explanation:

The equation for simple interest is to multiply the amount by the time by the rate:

22000 * 5 * 0.025 = 2750

The average weekly salary of two employees is $5250. One makes $500 more than the other. Find their salaries.

Answers

Answer: thier salaries are $5000 and $5500

Step-by-step explanation:

Let the average weekly salary of one employee be =x

And that of the other employee be = x+500

Such that if thier average of their salaries= $5250

So, their total salary=  $5250 x 2=10,500

The  equation  to solve each employee salary becomes

x+x+500=10,500

2x+500=10,500

2x=10,500-500

2x=10,000

x=10,000 /2

x= first employee salary =$5000

second employee =   x+500 =$5500

A six-sided die with sides labeled 1 through 6 will be rolled once. Each number is equally likely to be rolled. What is the probability of rolling a number greater than 2

Answers

Answer:

4/6 or 2/3. Depends if your teacher wants it reduced.

Step-by-step explanation:

Each number has a 1 out of 6 chance to be rolled. so it's 1/6 for rolling a 3, 1/6 for rolling a 4, 1/6 for rolling a 5, and 1/6 for rolling a 6. 4 x 1/6 = 4/6

I have this trigonometry worksheet, I just need help with questions from 18 to 28. thanks :)

Answers

18. sin29= 2/x
2/sin29=x
x=4.1
And I honestly have no idea how to do 28

201
Which equation, when paired with y = 2x+5,
creates an inconsistent system?
O 2x + y = 5
o y = 2x + 5
O 2x - 4y = 10
O 2y - 4x = -10
10
X
-20
20
DONE
-101
-20

Answers

2y-4x=-10 is an answer
If you simplify this, you will get y=2x-5 which would represent that this line is parallel to the one above.

The pair of equations creates an inconsistent system will be y = 2x + 5 and 2y - 4x = -10. Then the correct option is D.

What is a linear equation?

The linear equation is given as,

y = mx + c

Where m is the slope of the line and c is the y-intercept of the line.

If the slopes are equal but have different intercepts then the lines are parallel, then the system has no solution or is inconsistent.

The equation is given as,

y = 2x + 5

Check option D, then we have

2y - 4x = -10

y - 2x = - 5

y = 2x - 5

The slope of the lines is the same but with different intercepts.

Thus, the correct option is D.

More about the linear equation link is given below.

https://brainly.com/question/11897796

#SPJ7

I WILL GIVE 100 POINTS TO THOSE WHO ANSWER THIS QUESTION RIGHT.What is the solution to the inequality 3+5/7x>1+x?

Answers

Answer:

C: X <= 7

Step-by-step explanation:

Reimagine the inequality as

3 - 1 >= X - 5/7*X

2 >= 2/7*X

1 >= 1/7 * X

7 >= X

If the cost, C(x), for manufacturing x units of a certain product is given by
C(x) = x2 – 15x + 34
find the number of units manufactured at a cost of $8350.

Answers

Answer:

99 units.

Step-by-step explanation:

The cost function for manufacturing x units of a certain product is:

[tex]C(x)=x^2-15x+34[/tex]

We want to find the number of units manufactured at a cost of $8350. Therefore:

[tex]8350=x^2-15x+34[/tex]

Subtract 8350 from both sides:

[tex]x^2-15x-8316=0[/tex]

This equation can be a bit difficult to factor, if even possible, so we can use the quadratic formula:

[tex]\displaystyle x=\frac{-b\pm\sqrt{b^2-4ac}}{2a}[/tex]

In this case, a = 1, b = -15, and c = -8316. Thus:

[tex]\displaystyle x=\frac{-(-15)\pm\sqrt{(-15)^2-4(1)(-8316)}}{2(1)}[/tex]

Simplify:

[tex]\displaystyle x=\frac{15\pm\sqrt{33489}}{2}[/tex]

Evaluate:

[tex]\displaystyle x=\frac{15\pm183}{2}[/tex]

Therefore, our solutions are:

[tex]\displaystyle x=\frac{15+183}{2}=99\text{ and } x=\frac{15-183}{2}=-84[/tex]

We cannot produce negative items, so we can ignore the second answer.

Therefore, for a cost of $8350, 99 items are being produced.

If x =10 what is x over 2 plus 3x ??

Answers

Answer:

35

Step-by-step explanation:

Substitute x in the equation for 10

x/2 = 10/2

+ 3x = + 3(10)

10/2 = 5

+ 3(10) = + 30

5 + 30 = 35

Question
The area of a triangular painting is 50 square inches. The base is 20 inches. What is the height?

Answers

Answer:

2.5 inches

Step-by-step explanation:

Area= 50 square inches

Base= 20 inches

Height=?

Area= base×height

50= 20× x

50= 20x

x= 50/20

= 2.5

Hence the height is 2.5 inches

Answer:5 inches

Step-by-step explanation:

Test Your Skills
4.
1. The ratio of girls to boys in the
art club is . If there are 36 boys
in the club, how many girls are in
the club?

Answers

Answer:

complete your question po kasi di ko po masasagutan yan kung hindi po yan completo

Dominic is going to invest $1,800 and leave it in an account for 17 years. Assuming the interest is compounded annually, what interest rate, to the nearest tenth of a percent, would be required in order for Dominic to end up with $4,700?

Answers

Answer: 5.8%

Step-by-step explanation: got it right lol

Each students in class 38 students was asked to report how many siblings he has. Data a 0/38 Data b 1/38 Data c 13/38 Data 8/38 Based on the data, estimate the probability that a randomly selected students from this class is an only child.

Answers

Answer:

8/38

Step-by-step explanation:

You got it right, trust yourself

As a nurse, part of your daily duties is to mix medications in the proper proportions for your patients. For
one of your regular patients, you always mix Medication A with Medication B in the same proportion. Last week, your patient's doctor indicated that you should mix 120 milligrams of Medication A with 180
milligrams of Medication B. However this week, the doctor said to only use 165 milligrams of Medication B.
How many milligrams of Medication A should be mixed this week?
Answer:

Answers

Hi ^^

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

Solution:

Step one- Set up a ratio:

· Originally the ratio was: 110:143, make that equivalent to x:117

-->  110/143 = x/117 <-- notice this is A/B = A/B

--> to solve for x, just multiply by 117

x = 110 * 117 / 143 = 90 mg

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

·You should use 90 mg of medication A

oki baiiii ^^

how can i solve this problem if its congruent or not​

Answers

9514 1404 393

Answer:

  ∆BCR ≅ ∆BAR

  x = 6

Step-by-step explanation:

For congruence, define point R where the altitude line meets segment AC.

The diagram shows you AR ≅ RC. You know BR ≅ BR by the reflexive property, and you know that ∠BRC ≅ ∠BRA = 90°. You can therefore claim ...

  ∆BCR ≅ ∆BAR . . . . by the SAS congruence postulate

__

To solve for x, you don't need to show congruence of the right triangles. You only need to realize that the markings on segment AC show the left half is the same length (x) as the right half. The Pythagorean theorem is used to find x.

  x² +8² = 10²

  x² = 100 -64 = 36

  x = √36 = 6

The length of x is 6 units.

_____

As you can see here, an altitude that is a median divides the isosceles triangle into two congruent right triangles. (That altitude also bisects angle B.)

You may recognize that the side ratios in the right triangle are 8:10 = 4:5. The missing side completes the Pythagorean triple 3:4:5, so is 2·3 = 6 = x.

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