Question

Asked Nov 5, 2019

Landon Wallin is an auto mechanic who wishes to start his own business. He will need $3900 to purchase tools and equipment. Landon decides to finance the purchase with a 36-monthfixed installment loan with an APR of 4.5%.

a) Determine Landon's finance charge.

b) Determine Landon's monthly payment.

Step 1

Here, the loan amount is $3900, *r* = 4.5% = 0.045, *t* = 36 months and *n* = 12 for monthly payment.

Step 2

On further simplificati...

Tagged in

Q: Write each fraction in terms of the LCM of the denominators. 4x-1/4x(2x+1)= 2/7x^3=

A: Click to see the answer

Q: Solve the system by substitution {-3x+4y=5 {4x-8y=-4

A: From -3x+4y=5 we solve for y.

Q: use factors only (x+2)(x-2)=5(x+4)

A: First expand both sides and then make the right side equal to zero by subtracting 5x and 20.

Q: please solve and show your work

A: Consider the given problem:

Q: The sum/ difference of square 200x3-18x

A: To factorize the given expression using "difference of square" formula

Q: Perform the row operation R, +R2 R, on the matrix below 4-5-4 1-4 7 7R1 +R2 R 4 -5-4 1-4 7 (Simplify...

A: Consider the given matrix

Q: Factor f(x) = 2x^2 + (-5 - 2i) x^2 + (-4 - i) x + (3 + i) into linear factors if 3+i is a zero o...

A: Given, function is

Q: How do I solve this?

A: Consider the given parabola

Q: 1/2t+6=-7

A: Click to see the answer