A Jeep Grand Cherokee costs about $45,000 right now. What would be the monthly payment if you could get a 60 month loan at 7.5% APR? Can you afford this?

Answers

Answer 1

The monthly payment if you could get a 60-month loan at 7.5% APR is $1,031.25

First, we need to get the amount on the cost of the Jeep at the rate of 7.5% using the formula

Amount = Principal + Interest

Given the following parameters

Interest = PRTR is the rate = 7.5%T is the time in years = 5 years

Get the interest

Interest = 45,000 * 0.075 * 5 Interest = $16,875

Get the amount;

Amount = $45,000 + $16,875Amount = $61,875

Calculate the monthly payment:

Monthly payment = Amount/60Monthly payment = $61,875/60Monthly payment = $1,031.25

Hence the monthly payment if you could get a 60-month loan at 7.5% APR is $1,031.25

Learn more on compound amount here: https://brainly.com/question/24924853


Related Questions

Jimena runs 2/3 of a mile in 1/6 of an hour. how far can she go in an hour?

Answers

Answer:

4 miles

Step-by-step explanation:

6*(1/6) = 1 hour

6*(2/3) = 4 miles

Answer:

4 miles

Step-by-step explanation:

You are finding the rate. The formula for this equation is Rate=Distance/Time.

Your distance is 2/3, and your time is 1/6.

You divide 2/3 by 1/6 to get your answer of 4

Solve the proportion where necessary, round to the nearest hundredth 12/13 = X/13

Answers

Answer:

12

Step-by-step explanation:

12 / 13 = x / 13

Cross Multiply,

12 * 13 = 13 * x

x = ( 12 * 13 ) / 13

x = 12

Pls help me I’m super confused

Answers

drop the 4 down to make it equal to 2.

A firm has the following fixed proportion production function q = min(k, 2l). a. Find the firms long-run total, average, and marginal cost functions. b. Suppose that k is fixed at 20 in the short run. Calculate the firms short-run total, average, and marginal cost functions. c. Suppose v = 1 and w = 3. Calculate this firms long-run and short-run average and marginal cost curves. Q4. A firm’s production function is given by q = 2z1 + 3z2. Given the input prices, w1 for z1 and w2 for z2. a. Find the input demands z1 and z2 minimizing the cost of producing the level of output q. b. Find the cost function for producing the level q.​

Answers

Answer:

I think its right

Step-by-step explanation:

a) In the long run, we have, 5k=10 and k=2l Thus, C=2l+3l= 5l=0.5q Thus, AC=5l/10l =0.5 MC=0.5 b) In the short run, k=10 Q=min(50,10l) If l<5, q=10l. C=10+3l= 10+0.3q Thus, AC=10/q + 0.3 If l>5, q=50. C= 10+3l AC= (10+3l)/50 If q>50, then MC...

Cho ma trận 4 1 21 0 13 2 1A= −−−−Tính 25AI−Câu 2(3điểm)Tìm ma trận nghịch đảo của ma trận sau−=123020112ACâu 3(3điểm)Giải hệ phương trình=+−−=+−=−+02347213321321321xxxxxxxxxCâu 4(1điểm)Giải và biện luận hệ phương trìnhsau theo m1 2 31 2 31 2 3222 2 6 62 3 4 5xx xxxxxxxm− + =− + − = −− + = +HẾT.

Answers

Hi can you translate into English then I would be happy to help

20 POINTS!! PLEASE HELP DUE NOWWW!


Gia started to solve the equation 3(x − 10) − 5x = 2x − 26 below. They want to move the variables to the left side of the equation for their next step.



Fill in Line 4 and give the property.



Line 1: 3(x − 10) − 5x = 2x − 26 Original Problem

Line 2: 3x − 30 − 5x = 2x − 26 Distributive Property

Line 3: -2x − 30 = 2x − 26 Collect Like Terms

Line 4: _______________ _______________

Answers

Answer:

-4x - 30 = -26   Inverse property of addition

Step-by-step explanation:

To move the variable to the left you would subtract the 2x from both sides and you'll be left with -4x - 30 = -26. Adding the negative of a number from the same number (ex. 30 + (-30)) is called inverse property of addition. which we did here but with 2x.

Where us point c on the number line

Answers

Answer: - 0.3

Step-by-step explanation:

Correct me if I am incorrect.

Examine the figure. What is the measure of angle b?

Answers

B = 180-31

B = 149

Answer: 149

A golfer takes an uphill shot towards the hole, and they make the shot. The path of the ball can be modeled by the equation y=-5^2– 40x– 10, where x is the horizontal distance and y is the vertical distance traveled by the ball in meters. How much higher is the hole than the spot from where the shot was taken? The hole is meters higher What was the maximum height above the hole that the ball reached while it was in the air? meters The maximum height that the ball reached above the hole was What was the horizontal distance that the ball traveled from the point that the shot was taken to the hole? Round your ai the nearest tenth of a meter. meters. The horizontal distance covered by the ball was​

Answers

Answer:

Solve for n

n=log5  (− 2 /y  −20x−5),y<−40x−10

Step-by-step explanation:

1 2/5m-3/5(2/3m+1)pls help

Answers

Answer:  (10m-3)/5

Step-by-step explanation:

Convert 1 2/5 into an improper fraction

Simplify  5+25+2  to  7

Simplify 2/3m to 2m/3

Simplify 7/5m to 7m/5

Expand and remove the parenthesis

Collect the like terms

Simplify

Mean for population data

Answers

Answer:

I need only 5 brainlisted please give me

Step-by-step explanation:

please understand my situation

A movie theater charges $9.75 per ticket. Monday through Thursday they make on average $2720.25 daily. How many
customers do they have on an average Tuesday?
a. 279 customers
c. 70 customers
b. 272 customers
D. 26552 customers

Answers

Answer:

Your anwser would be A mark brainliest please and thank you

Step-by-step explanation:

6 lb = how many oz .​

Answers

Answer:

96 oz

Step-by-step explanation:

1 lb= 16 oz

so, 16×6=96

3x-9=2(x-14)
show me the steps to do this

Answers

3x-9=2x-28
3x-2x=9-28
x=-19

[tex]\\ \sf\longmapsto 3x-9=2(x-14)[/tex]

[tex]\\ \sf\longmapsto 3x-9=2x-28[/tex]

[tex]\\ \sf\longmapsto 3x-2x=-28+9[/tex]

[tex]\\ \sf\longmapsto x=-19[/tex]

Help Me someone help

Answers

Answer:

5:1

Step-by-step explanation:

divide eatch side

Answer:

It's 1:5

Step-by-step explanation:

solve systems of equations 6x+2y=1 y=-3x+3 using substition??? Need answers quickly!!!!!

Answers

This might be incorrect but I tried my best. My answer is 0.416 but the 6 is repeating

If Sandy memorizes 9 verses every 2 days, how many verses will Sandy memorize in 4,6, and 8 days. Write equivalent ratios to show the answer.​

Answers

Answer:

4 Days = 18

6 Days = 27

8 Days = 36

4:18

6:27

8:36

Step-by-step explanation:

Answer:

4 days: 18 verses

6 days: 27 verses

8 days: 36 verses

Step-by-step explanation:

If Sandy memorized 9 verses every 2 days then to find how many she can memorize in 4, 6 and 8 days you multiply.

2 days: 9 verses (Multiply 2 times 2 to get how many she can memorize in 4 days. Multiply 2 times 3 to get 6 days. Multiply 2 times 4 to get 8 days. Then multiply the number of verses with the same number you multiplied the number of days.)

4 days: 18 verses

6 days: 27 verses

8 days: 36 verses

Find the sum 35 + 36 + 37 + 38 + ... + 109 + 110.
.
The sum is

Answers

Answer:

327

Step-by-step explanation:

Answer:

The empty space in the equation doesn't make sense. We could answer this question if it gave us the sum and we solved for x. But, for the sake of the question let's get rid of the periods. The question would now be 35 + 36 + 37 + 38 + 109 + 110. When we solved the equation we would get 365.

Step-by-step explanation:

3. Find to the nearest thousandth: log7 80

Answers

Answer:

I believe 1000

Step-by-step explanation:

A liquid mixture of 56 ounces contains 14 ounces of sugar and the rest is water. What is the ratio of swar to water
in the mixture?

Answers

Step-by-step explanation:

Ounces of water = 56 - 14 = 42 ounces

Ratio of sugar to water

56 : 42

8 : 6

4 : 3

4:3, 56:42 in lowest terms is 4:3

what is 10+11
what is 12+1
and 10+10
20 + 29
brainliest is the best answer
with neatness

Answers

Answer:

10 + 11 = 21

12 + 1 = 13

10 + 10 =20

20 + 29 = 49

Hope that helps. x

HELP!!!! I need help

Answers

Answer:

1 Tenths = 10 Hundredths

10.74 - 10.60 = 0.14

0.14 = 14 hundredths

Thus, you need 10 ones, 6 tenths and 14 hundredths to make 10.74.

Round 48.079 to the nearest tenth.

A:48.08
B:48.8
C:50
D:48.1​

Answers

Answer:

48.1

Step-by-step explanation:

Seven rounds up.

Hope this helped! :)

The correct answer would be 48.1

Understand how to work with negative bases and negative exponents.
5^2 =
5^-2 =
(-5)^2 =
- 5^2 =
(Remember to find the base, then multiply.)

Answers

Answer:

[tex]Understand \: how \: to \: work \: with \: negative \: bases \\ \: and \: negative \: exponents. \\

\bold{answer - } \\ {5}^{2} = 5 \times 5 = 25 \\ {5}^{ - 2} = \frac{1}{ {5}^{2} } = \frac{1}{25} = 0.04 \\ {( - 5)}^{2} = ( - 5) \times ( - 5) = 25 \\ - {5}^{2} = ( - 5) \times ( - 5) = 25 \\ \\ \bold \purple{hope \: it \: helps \: ♡}[/tex]

40x^-4 y^6
________
10x^-5 y^5

Answers

Answer:

[tex]4xy[/tex]

Step-by-step explanation:[tex](40/10) *(x^-^4/x^-^5) * (y^6/y^5) \\=4*x*y=4xy[/tex]

The function f(x) is shown graphed below.

The function g(x) is defined by the formula: g(x)=-4f(x)+7


What is the value of g(3)?

Answers

The value of g(3) is 11

The function is given as:

g(x) = -4f(x) + 7

Start by calculating f(x) when x = 3

From the graph, we have:

f(3) = -1

So, we have:

g(3) = -4f(3) + 7

g(3) = -4* -1 + 7

Evaluate the product

g(3) = 4 + 7

Evaluate the sum

g(3) = 11

Hence, the value of g(3) is 11

Read more about composite functions at:

https://brainly.com/question/10687170

Use the Fundamental Theorem of Calculus to find y′. pls help

Answers

Use This Since You provided no context:

The fundamental theorem of calculus is a theorem that links the concept of differentiating a function (calculating the gradient) with the concept of integrating a function (calculating the area under the curve). ... This implies the existence of antiderivatives for continuous functions.

A ladder that is 17 feet in length is resting on a branch of a tree and the base of the ladder is 8 feet from the tree on the level ground how high up is the branch on which the latter is resting

Answers

Answer:

9 feet

Step-by-step explanation:

On a number line, where would
4/5
be located? Choose all answers that make
a true statement.

Answers

The answer is To the right of 3/5
3+1= 4 so it’s like 1,2 so
It’s the right of 3/5
only a and b are correct!

What is the eighth term of the arithmetic sequence defined by the rule A(n) = -12 + 2(n-1)?

Answers

Tn = a + d * (n-1)

T8 = -12 + 2*7

= -12 +14

= 2

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