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%. ]
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Updated 224 days ago|6/16/2021 12:24:50 PM
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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

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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
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Updated 352 days ago|2/8/2021 3:23:19 PM
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
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