Question and answer
John bought a used truck for $4,500. He made an agreement with the dealer to put $1,500 down and make payments of $350 for the next 10 months. The extra cost paid by taking this deal is equivalent to what actual yearly rate of interest?
John bought a used truck for $4,500. John bought a used truck for $4,500. The extra cost paid by taking this deal is equivalent to 36%. [ Solution: 4500-1500 = $3000 A = Monthly payments = 350 n = 10 Principal value (P) = 3000 350= 3000r (1+ r) 10 / (1+r) 10 - 1 = 36%. ]
s
Question
Asked 5/15/2019 9:26:19 AM
Updated 224 days ago|6/16/2021 12:24:50 PM
1 Answer/Comment
Get an answer
New answers
Rating
3
John bought a used truck for $4,500. John bought a used truck for $4,500. The extra cost paid by taking this deal is equivalent to 36%. [ Solution: 4500-1500 = $3000 A = Monthly payments = 350 n = 10 Principal value (P) = 3000 350= 3000r (1+ r) 10 / (1+r) 10 - 1 = 36%. ]
Added 224 days ago|6/16/2021 12:24:50 PM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
In support of the third goal of FEMA s action plan, FEMA leaders at all levels must recognize that diversity management is a significant part of their role as FEMA s leaders, and that they are held accountable for sustaining a _________ workforce.
Question
Not Answered
Updated 1/31/2020 9:54:26 PM
1 Answer/Comment
In support of the third goal of FEMA’s action plan, FEMA leaders at all levels must recognize that diversity management is a significant part of their role as FEMA’s leaders, and that they are held accountable for sustaining a diverse workforce.
Added 1/31/2020 9:54:26 PM
This answer has been confirmed as correct and helpful.
A manufacturing plant has been found guilty of polluting the nearby river. This is _______ pollution.
Question
Not Answered
Updated 3/15/2020 2:02:57 PM
1 Answer/Comment
A manufacturing plant has been found guilty of polluting the nearby river. This is: Point Source pollution.
Added 3/15/2020 2:02:57 PM
This answer has been confirmed as correct and helpful.
Building relationships during your career exploration is called A. networking. B. futurecasting. C. matchmaking, D. clustering.
Weegy: Building relationships during your career exploration is called networking. (More)
Question
Updated 9/30/2020 4:43:29 AM
0 Answers/Comments
1. A transformer has a primary voltage of 115 V and a secondary voltage of 24 V. If the number of turns in the primary is 345, how many turns are in the secondary? A. 690 B. 1,653 C. 72 D. 8
Question
Not Answered
Updated 352 days ago|2/8/2021 3:23:19 PM
1 Answer/Comment
A transformer has a primary voltage of 115 V and a secondary voltage of 24 V. If the number of turns in the primary is 345, there are 72 turns in the secondary.

345 / 115 = 3
3 * 24 = 72.
Added 352 days ago|2/8/2021 3:23:19 PM
This answer has been confirmed as correct and helpful.
Acquiring storing and inventorying resource are part of which NIMS management characteristic?
Weegy: Acquiring, Storing, and Inventorying Resources are part of: Comprehensive Resource Management. (More)
Question
Updated 186 days ago|7/24/2021 6:26:12 PM
0 Answers/Comments
35,196,269
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
How many syllables are in the word ...
1/25/2022 11:23:50 PM| 15 Answers
What technology restored a demand for slaves in the US South in the ...
Weegy: Cotton gin restored a demand for slaves in the US South in the early 1800s.
1/18/2022 11:02:58 PM| 14 Answers
The correct plural of the noun attorney is _______. The primary ...
Weegy: The correct plural of noun attorney is attorneys.
1/18/2022 4:14:38 AM| 13 Answers
For each blank, write a word that is an antonym of the italicized ...
Weegy: He couldn t bear the cold of Alaska after living in the HEAT of Texas.
1/17/2022 8:12:50 PM| 10 Answers
_______ contain close to 70% of all the fresh water on Earth. _______ ...
Weegy: Glaciers contain close to 70% of all the fresh water on Earth. Wind erosion is most common in flat, bare areas ...
1/25/2022 1:22:35 AM| 8 Answers
Which empire was very populous, containing more than all of Europe,s ...
Weegy: The Roman empire was very populous, containing more than all of Europe's population at the time. User: Fill in ...
1/22/2022 1:12:42 PM| 6 Answers
Fill in the blank. One of the best reasons to write is to _______ ...
Weegy: One of the best reasons to write is to express what we think.
1/24/2022 3:21:34 AM| 5 Answers
How do oxides differ from other minerals that contain oxygen atoms?
Weegy: Oxides differ from other minerals that contain oxygen atoms in that: In oxides, the oxygen atoms bond directly ...
1/26/2022 1:18:05 AM| 5 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
Points 635 [Total 635] Ratings 1 Comments 615 Invitations 1 Offline
S
L
Points 614 [Total 614] Ratings 8 Comments 534 Invitations 0 Online
S
R
L
P
P
Points 380 [Total 3798] Ratings 0 Comments 380 Invitations 0 Offline
S
L
P
R
Points 332 [Total 1181] Ratings 0 Comments 322 Invitations 1 Offline
S
L
Points 332 [Total 1347] Ratings 0 Comments 332 Invitations 0 Online
S
L
P
P
Points 221 [Total 4168] Ratings 0 Comments 221 Invitations 0 Offline
S
L
Points 163 [Total 163] Ratings 0 Comments 163 Invitations 0 Offline
S
L
Points 110 [Total 110] Ratings 1 Comments 100 Invitations 0 Online
S
L
Points 90 [Total 441] Ratings 2 Comments 70 Invitations 0 Offline
S
L
1
1
1
1
1
1
1
1
Points 80 [Total 3064] Ratings 8 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.