Weegy: Ralph Jordan recently bought a new lawnmower for $228.00. If he paid 6% sales tax on the lawnmower, the total cost of the lawnmower is: 228+(6/100*228)=$241.68.
User: David is buying a new car for $21,349.00. He plans to make a payment of $3,000.00. If he to make a monthly payments of $352 for the next five years, what apr has he paid?
Weegy: David is buying a new car for $21,349.00. He plans to make a down payment of $3,000.00. [ If he's to make monthly payments of $352 for the next five years, He has paid 5.9% APR.
Solution:
$21,349 - $3,000 = $18,349; Installment amount (pmt) = $352; 5 * 12 = 60; =rate (60,352,-18349); APR = (1+monthly rate)^12 - 1; APR = (1+0.0047)^12 - 1; APR = (1.0047)^12 -1; APR = 1.0586 - 1; APR = 0.0586; APR = 5.86% or 5.90%. ]
User: I’m relation to a computer, what do the letters CPU stand for?
Weegy: In relations to computers, CPU stands for Central Processing Unit.
User: All insurance is based on a principle called?
Weegy: All insurance is based on a principle called division of risk.
User: Calculate the loss on selling 50 shares of stock bought at 13 3/4 and sold at 12
Weegy: Loss per share = 13 3/4 -12 = 55/4 - 12 = (55-48)/4 =7/4 . Number of shares = 50. total loss = 50 * 7/4 = 350 /4 =175/2 =$ 87.50
User: Your text suggests the you look for an agent who has been in the insurance business for how long?
Weegy: You look for an agent who has been in the insurance business for at least 2 years.
User: A is a group of people who agree to save their money together and to make loans to each other at a relatively low rate of interest.
Weegy: A credit union is a group of people who agree to save their money together and to make loans to each other at a relatively low rate of interest.
User: Lorenzo has a checkbook balance of $118. He writes two checks, one for $9.00 and one for $84.25. He then deposits $95.00. Finally, he uses his calculator to determine his new balance. What series represents how he ...
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