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Audrey is buying a new car for $32,998.00. She plans to make a down payment of $4,200.00. If she's to make monthly payments of $525 for the next five years, what APR has she paid? A. .37% B. 37% C. 3.7% D. 3%
Audrey is buying a new car for $32,998.00. She plans to make a down payment of $4,200.00. If she's to make monthly payments of $525 for the next five years, she has paid 3.7% APR. Solution: (r = 3.7% = 0.037) 2057r / 450 = 2057(0.037) / 450 = 76.109 / 450 = 0.1691 1 - (1 + r/12)^60 = 1 - (1 + 0.037/12)^-60 = 1 - 0.8313 = 0.1687; Therefore, r is approximately 3.7%.
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Question|Asked by adibryan
Asked 11/29/2018 9:41:59 AM
Updated 59 days ago|9/1/2020 11:02:52 PM
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Audrey is buying a new car for $32,998.00. She plans to make a down payment of $4,200.00. If she's to make monthly payments of $525 for the next five years, she has paid 3.7% APR. Solution: (r = 3.7% = 0.037) 2057r / 450 = 2057(0.037) / 450 = 76.109 / 450 = 0.1691 1 - (1 + r/12)^60 = 1 - (1 + 0.037/12)^-60 = 1 - 0.8313 = 0.1687; Therefore, r is approximately 3.7%.
Added 59 days ago|9/1/2020 11:02:52 PM
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Questions asked by adibryan
What is step 2 in the problem-solving process? A. Find a relationship between what is given and what must be found. B. Read the problem. C. Do the work. D. Write down the facts and figures
Question|Asked by adibryan
Not Answered
Updated 7/17/2019 1:38:35 AM
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Step 2 in the problem-solving process is: Write down the facts and figures.
Added 7/17/2019 1:38:35 AM
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how to find the mean in a math problem
Weegy: level of math your major requires, and where you feel most comfortable in math. [ ] User: If Michelle walked 5 meters, how many inches did she walk? Weegy: If Michelle walked 5 meter, she walked 196.85 inches. User: A room has an area of 121 ft2 but carpeting is only sold in m2. How much carpeting is needed to carpet the room? (More)
Question|Asked by adibryan
Updated 54 days ago|9/6/2020 9:43:18 PM
1 Answer/Comment
A room has an area of 121 ft2 but carpeting is only sold in m2. 11.24 m² of carpeting is needed to carpet the room.

Solution: 1 ft² = 0.09290304 m² 121 ft² = 0.09290304 × 121 m² = 11.24 m².
Added 54 days ago|9/6/2020 9:43:18 PM
This answer has been confirmed as correct and helpful.
Caroline bought 20 shares of stock at 101/2, and after 10 months the value of the stocks was 111/4. If Caroline were to sell all her shares of this stock, how much profit would she make?
Question|Asked by adibryan
Not Answered
Updated 101 days ago|7/22/2020 5:41:40 AM
1 Answer/Comment
Profit = 11 1/4 - 10 1/2 = 3/4
shares = 20
Total profit = 3/4 * 20 = $15
Added 101 days ago|7/22/2020 5:41:40 AM
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Caroline bought 20 shares of stock at 101/2, and after 10 months the value of the stocks was 111/4. If Caroline were to sell all her shares of this stock, how much profit would she make? A. $210 B. $225 C. $15 D. $10
Question|Asked by adibryan
Updated 47 days ago|9/14/2020 9:15:25 AM
1 Answer/Comment
Caroline bought 20 shares of stock at 101/2, and after 10 months the value of the stocks was 111/4. If Caroline were to sell all her shares of this stock, Caroline would make a $15 profit.

= 11 1/4 - 10 1/2 = 3/4
3/4 *20 =$15
Added 47 days ago|9/14/2020 9:15:25 AM
This answer has been confirmed as correct and helpful.
Anything that has volume or mass is A. matter. B. heavy. C. water. D. light.
Weegy: Anything that has volume or mass is: matter. (More)
Question|Asked by adibryan
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Updated 11/29/2018 3:24:51 PM
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