Jose decides on this purchase but wants to know what his monthly payments will be. What is his monthly payment? (Please note the amount to the nearest penny).
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Amber, Kiaya, Marie, Anna, Michael and Sharlee are helping their fellow classmate Jose search for a good deal regarding the purchase of a new Honda Accord automobile. After researching all the Honda dealers in this area, they have decided that they have found the best deal at Honda Cars of Rockwall, Texas.
The following is their best deal and they want to know what the monthly payment will be. The new Honda Accord is $36,250 and that includes an extended warranty, tax, title and license...(TT&L). To help reduce the cost of this purchase he will receive two discounts; one the Covid-19 $500 off discount and the second is the College Student discount of $400. Jose has elected to make monthly payments for four years. He has a trade-in vehicle that will decrease his purchase cost of the new vehicle by $17,600. The Honda interest rate program is the best that he can find which is 3.9%.
All things considered Jose is still hesitant to make the purchase. He cannot afford a monthly payment in excess of $400. John Freezer, General Manager of Honda Cars of Rockwall wants to help make Jose feel like he has the best price possible. Both Sharlee and Karla are also classmates of Jose and they asked Mr. Freezer for anything else that can be done to make this car purchase possible. He decided to provide Jose an additional discount of .845% (.00845) and he rounded to the nearest dollar on the discount. Jose supported by his research team of Amber, Kiaya, Marie, Anna, Michael and Sharlee believe that this is the best deal available.
Jose decides on this purchase but wants to know what his monthly payments will be. What is his monthly payment? (Please note the amount to the nearest penny).
my instructor says The Answer is $396.60 but confused about how to get it. is he right?
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