Larry purchased a new combine that cost $260,500, minus a rebate of $5,500, a trade-in of $8,500, and a down payment of $7,000. He takes out a loan for the balance at 8% APR over 4 years. Find the annual payment. (Simplify your answer completely. Round your answer to the nearest cent.)

Answers

Answer 1

The annual payment for the loan balance is $72,310.03.

What is the periodic payment?

The periodic payment is the amount that is paid per period (yearly, monthly, quarterly, or weekly) to repay a loan or a debt.

The periodic payment can be computed using an online finance calculator, making the following inputs.

N (# of periods) = 4 years

I/Y (Interest per year) = 8%

PV (Present Value) = $239,500 ($260,500 - $5,500 - $8,500 - $7,000)

FV (Future Value) = $0

Results:

PMT = $72,310.03

Sum of all periodic payments = $289,240.13

Total Interest = $49,740.13

Thus, the annual payment that Larry needs to make is $72,310.03.

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Related Questions

Explaining the Converse of the Pythagorean TheoremThe converse of the Pythagorean Theorem states that if the three sides of a triangle work for the equation a^2 + b^2 = c^2, then the triangle is a right triangle. To prove this, you can use what’s called a proof by contradiction. That is, you can prove something is true because it cannot be false.Start by assuming a triangle is not a right triangle and the sides work for the equation a^2 + b^2 = c^2. Here is a diagram of the triangle. Keep this diagram window open as you work on the tasks in this section.Now, create a right triangle with legs a and b. Call the hypotenuse n. Here is a diagram of the triangle. Keep this diagram window open as you work on the tasks in this section.questionsPart ASince triangle 2 is a right triangle, write an equation applying the Pythagorean Theorem to the triangle.Part BSince the equations for both triangles have a^2 + b^2, you can think of the two equations for c^2 and n^2 as a system of equations. Substitute what a^2 + b^2 equals in the first equation for a^2 + b^2 in the second equation. After you substitute, what equation do you get?Part CNow, take the square root of both sides of the equation from part B and write the resulting equation.Part DIs there any way for this equation to be true? How?Part EWhat does this show about the relationship between the two triangles?Part FDoes this mean that triangle 1 is a right triangle? Why or why not?

Answers

Part A: Since triangle 2 is a right triangle, write an equation applying the Pythagorean Theorem to the triangle.

Triangle 2 has the following sides: a, b and n

Writing it into an equation will be:

[tex]\text{ a}^2\text{ + b}^2\text{ = n}^2[/tex]

The answer is a² + b² = n²

Part B: Since the equations for both triangles have a^2 + b^2, you can think of the two equations for c^2 and n^2 as a system of equations. Substitute what a^2 + b^2 equals in the first equation for a^2 + b^2 in the second equation. After you substitute, what equation do you get?

Equation 1 (Triangle 1): a² + b² = c²

Equation 2 (Triangle 2): a² + b² = n²

Substitute what a^2 + b^2 equals in the first equation for a^2 + b^2 in the second equation, it will be:

[tex]\text{ a}^2\text{ + b}^2\text{ = n}^2[/tex][tex]\text{ c}^2\text{ = n}^2[/tex]

The answer is c² = n²

Part C : Now, take the square root of both sides of the equation from part B and write the resulting equation.

[tex]\text{ c}^2\text{ = n}^2[/tex][tex]\text{ }\sqrt{c^2}\text{ = }\sqrt{n^2}[/tex][tex]\text{ c = n}[/tex]

The answer is c = n

A basketball player scored 24 times during one game. she scored a total of 38 ​points, two for each​ two-point shot and one for each free throw. How many​ two-point shots did she ​make? How many free​ throws?

Answers

The number of two-points shots made is 14

The number of free throws made is 10

What is the number of two-points shots and free throws made?

The first step is to formulate a set of linear equations that represent the information in the question:

x + y = 24 equation 1

2x + y = 38  equation 2

Where:

x = number of two-point shots made y = number of free throws made

The linear equations would be solved using the elimination method.

In order to determine the value of x, take the following steps:

Subtract  equation 1 from  equation 2

x = 14

Substitute for x in  equation 1

14 + y = 24

Combine similar terms:

y = 24 - 14

Add similar terms together

y = 10

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Answer:

Dependent and independent variables are variables in mathematical modeling, statistical modeling and experimental sciences. Dependent variables are studied under the supposition or demand that they depend, by some law or rule, on the values of other variables.

Step-by-step explanation:

Determine the angle of rotation of the conic section given by: 32x2 +50xy + 7y2 = 100 (round your answer to the nearest tenth of adegree).

Answers

The formula to obtain the angle of rotation is as follows:

[tex]\cot 2\theta=\frac{A-C}{B}[/tex]

Compare the given equation to the general equation of a conic.

[tex]Ax^2+Bxy+Cy^2+Dx+Ey+F=0[/tex]

Thus, the values of A, B, and C are as follows.

[tex]\begin{gathered} A=32 \\ B=50 \\ C=7 \end{gathered}[/tex]

Substitute the values into the equation.

[tex]\begin{gathered} \cot 2\theta=\frac{32-7}{50} \\ \cot 2\theta=\frac{25}{50} \\ \cot 2\theta=\frac{1}{2} \end{gathered}[/tex]

Find the value of the θ.

[tex]\begin{gathered} \frac{1}{\tan 2\theta}=\frac{1}{2} \\ \tan 2\theta=2 \\ 2\theta=\tan ^{-1}(2) \\ 2\theta\approx63.4349 \\ \theta\approx31.7 \end{gathered}[/tex]

When water flows across farmland, some of the soil is washed away, resulting in erosion. Researchers released water
across a test bed at different flow rates and measured the amount of soil washed away. The following table gives the
flow (in liters per second) and the weight (in kilograms) of eroded soil:

Answers

The correlation coefficient between flow rate and amount of eroded soil is:

0.967.

Correlation coefficients

The correlation coefficient is an index that measures correlation between two variables, assuming values between -1 and 1.

If it is positive, the relation is positive, meaning that the variables are direct proportional. If it is negative, the variables are inverse proportional.

If the absolute value of the correlation coefficient is greater than 0.6, the relationship between the variables is strong.

Given a data-set of two points, the correlation coefficient is found inserting points of the data-set into the calculator. In this problem, the points in the data-set are given as follows:

(0.31, 0.82), (0.85, 1.95), (1.26, 2.18), (2.47, 3.01), (3.75, 6.07).

Using a calculator, the coefficient is given as follows:

0.967.

Hence the last option gives the correct coefficient.

Missing information

The complete problem is given by the image at the end of the answer.

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20g of radioactive substance decays by 1/2 of it's original
amount every 30 days. How much is left after 10 days.

Answers

The amount of radioactive after 10 days with the same rate of change of decay will be 16.67 g.

What is the rate of change?

The rate of change is the change of a quantity over 1 unit of another quantity.

Most of the time the rate of change is the change with respect to time.

For example the speed 3meter/second.

As per the given,

Radioactive decays by 1/2 of its original in 30 days.

1/2 of original → 30 days.

Divide both sides by 3

1/6 of original → 10 days

Therefore, in 10 days amount of decays will be,

1/6 of 20 ⇒ 20/6 = 3.33

The amount left = 20 - 3.33 = 16.67.

Hence "The amount of radioactive after 10 days with the same rate of change of decay will be 16.67 g".

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What are the solutions to the equation (x − 21)2 = 25?x= x=

Answers

SOLUTION:

Case: Quadratics equation

Method:

[tex]\begin{gathered} (x-21)^2=25 \\ TakeSquarerootsOfBothSides \\ x-21=\sqrt{25} \\ x-21=\pm5 \\ x=21\pm5 \\ x=21+5\text{ }or\text{ }x=21-5 \\ x=26\text{ }or\text{ }x=16 \end{gathered}[/tex]

Final answer:

x= 16

x= 26

Becky borrowed $580.00 from the bank. The loan had a 13.5% simple
annual interest rate, and she paid off the bill over 18 months. What was
the total amount, including interest, Becky paid for the loan?

Answers

Answer:  $697.45

Work Shown:

P = 580

r = 0.135

t = 18 months = 18/12 = 1.5 years

A = P*(1+r*t)

A = 580*(1+0.135*1.5)

A = 697.45

what is the volume of a cube with sides 3 cm.be sure to include correct units with your answer

Answers

Answer:

27 cubic feet

Explanation:

The volume of a cube with side length L is given by

[tex]V=L^3[/tex]

Now in our case, L = 3 ft; therefore, the volume is

[tex]V=3^3[/tex]

which simplifies to give

[tex]\boxed{V=27\text{ ft}^3.}[/tex]

which is our answer!

Hence, the volume of the cube with the side length of 3 cm is 27 cubic cm.

10. If you invest $2000 at 6% compounded monthly, how long will it take the account to double in
value?

Answers

If I invest $2000 at 6% interest compounded monthly, it will take 11.58 years by the account to double in value.

What is compound interest?

The practice of adding interest to the principal amount of a loan or deposit is known as compound interest, sometimes known as interest on principal and interest. It happens when interest is reinvested, added to the lent capital rather than paid out, or required to be paid by the borrower, resulting in interest being created the next period on the principal amount plus any accrued interest. Compound interest is a prominent concept in finance and economics.

The initial investment of $2000 at 6% compounded monthly.

Since, the interest rate of 6% is compounding monthly, then the effective annual interest rate will be

= (1+)−1i = (1+rm)m−1

Here, r = interest rate in decimals

= (1+0.0612)12−1i = (1+0.0612)12−1

= 0.061678i = 0.061678

= ×100 = 6.1678%

Now, we are using Rule 72 to calculate the doubling time

Time to double the initial amount = 72 /effective annual interest rate

Time to double the initial amount = 11.58 years

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How to graph this and how to solve the equation

Answers

SOLUTION:

Step 1:

In this question, we are given the following:

Step 2:

The details of the solution are as follows:

The graphs of the two equations:

[tex]\begin{gathered} y=\text{ }\frac{-1}{5}x\text{ - 6} \\ y=\text{ }\frac{3x}{5}-\text{ 2} \end{gathered}[/tex]

is as follows:

CONCLUSION:

From the graphs above, we can see that the solution to the graphs is:

[tex](x,\text{ y \rparen = \lparen - 5, - 5\rparen}[/tex]

Swine Flu is attacking Springfield. The function below determines how many people have swine where t=time in days and S=the number of people in thousands.

Answers

[tex]s(t)=9t-4[/tex]

A.find s(4)

[tex]\begin{gathered} s(4)=9(4)-4 \\ s(4)=36-4 \\ s(4)=32 \end{gathered}[/tex]

B. means that in 4 days there will be 32000 infected people

C. find t to S(t)=23

[tex]\begin{gathered} 23=9t-4 \\ 9t=23+4 \\ t=\frac{27}{9} \\ t=3 \end{gathered}[/tex]

D. means there will be 23,000 infected people after 3 days

E. Graph

to draw the line we need two points which we already have but we will add another to make a table of 3 values the new value is t=1

[tex]\begin{gathered} s(1)=9(1)-4 \\ s(1)=5 \end{gathered}[/tex]

table

graph

Is P(A and B) ≠ 0? Explain.
A.) No. P(A and B) = 0.

B.) Yes. Even if P(A) = 0 or P(B) = 0, P(A and B) will always be non-zero.

C.) No. Because both P(A) and P(B) are not equal to 0, P(A and B) = 0.

D.) Yes. Because both P(A) and P(B) are not equal to 0, P(A and B) ≠ 0. (b)

Answers

The right option is D as P(A and B) ≠ 0 only for the independent probability events for A and B.

What is an independent event in probability?

Two events say A and B are said to be independent if the probability of the intersection of A and B is equal to the product of their respective probability, But same events are said to be mutually exclusive if the probability of the intersection of A and B is equal to zero(0).

In the given question, P(A and B) ≠ 0 can only be true if A and B are independent event and P(A) and P(B) are not equal to zero such that

P(A and B)=P(A)× P(B)≠ 0.

Hence, we can deduce from the axiom of independent events of probability that because both P(A) and P(B) are not equal to 0, P(A and B) ≠ 0.

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i need help solving this and also what does the 2 that's on the top of some letters mean

Answers

given the expression :

[tex]a-bc^2[/tex]

We need to evaluate the expression when :

[tex]\begin{gathered} a=3 \\ b=2 \\ c=-1 \end{gathered}[/tex]

So, substitute with a , b and c at the expression

The result will be :

[tex]\begin{gathered} a-bc^2 \\ =3-2\cdot(-1)^2 \\ =3-2\cdot1 \\ =3-2 \\ \\ =1 \end{gathered}[/tex]

There is another expression :

[tex]c^2+a^2b[/tex]

By substitute with the values of a, b and c

so, the result will be :

[tex]\begin{gathered} c^2=(-1)^2=1 \\ a^2=3^2=9 \\ \\ c^2+a^2b=1+9\cdot2=1+18=19 \end{gathered}[/tex]

At which of the following points do the two equations f(x)=3x^2+5 and g(x)=4x+4 intersect?A. (0,5)B. (1,8)C. (0,4) D. (8,1)

Answers

Given the equations:

[tex]\begin{gathered} f(x)=3x^2+5 \\ \\ g(x)=4x+4 \end{gathered}[/tex]

Let's find the point where both equations intersect.

To find the point let's first find the value of x by equation both expression:

[tex]3x^2+5=4x+4[/tex]

Now, equate to zero:

[tex]\begin{gathered} 3x^2+5-4x-4=0 \\ \\ 3x^2-4x+5-4=0 \\ \\ 3x^2-4x+1=0 \end{gathered}[/tex]

Now let's factor by grouping

[tex]\begin{gathered} 3x^2-1x-3x+1=0 \\ (3x^2-1x)(-3x+1)=0 \\ \\ x(3x-1)-1(3x-1)=0 \\ \\ \text{ Now, we have the factors:} \\ (x-1)(3x-1)=0 \end{gathered}[/tex]

Solve each factor for x:

[tex]\begin{gathered} x-1=0 \\ Add\text{ 1 to both sides:} \\ x-1+1=0+1 \\ x=1 \\ \\ \\ \\ 3x-1=0 \\ \text{ Add 1 to both sides:} \\ 3x-1+1=0+1 \\ 3x=1 \\ Divide\text{ both sides by 3:} \\ \frac{3x}{3}=\frac{1}{3} \\ x=\frac{1}{3} \end{gathered}[/tex]

We can see from the given options, we have a point where the x-coordinate is 1 and the y-coordinate is 8.

Since we have a solution of x = 1.

Let's plug in 1 in both function and check if the result with be 8.

[tex]\begin{gathered} f(1)=3(1)^2+5=8 \\ \\ g(1)=4(1)+4=8 \end{gathered}[/tex]

We can see the results are the same.

Therefore, the point where the two equations meet is:

(1, 8)

ANSWER:

B. (1, 8)

Megan's text messaging plan cost $15 for the first 600 messages and 5¢ for each additional text message. If she owes $24.60 for text messaging in the month of October, how many text messages did she send that month

Answers

Megan sent  792 text messages in the month of October .

In the question ,

it is given that

Cost for first 600 messages = $15

additional text message charge = $0.05

Amount owed by Megan for the month of October = $24.60

Let the number of Additional messages be x.

So, according to the question

15 + 0.05x = 24.60

0.05x = 24.60-15

0.05x = 9.6

x = 9.6/0.05

x = 192

number of extra messages = 192

total messages = first 600 messages + extra messages

= 600+192

= 792

Therefore , Megan sent 792 text messages in the month of October .

The given question is incomplete , the complete question is

Megan's text messaging plan cost $15 for the first 600 messages and 5¢ for each additional text message. If she owes $24.60 for text messaging in the month of October, how many text messages did she send that month ?

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Find the measures of an interior angle and an exterior angle of the indicated regular polygon. Regular 20-gon interior angle exterior angle

Answers

[tex]\begin{gathered} \text{Please one interior angle =}\frac{180(n-2)}{20},\text{ n =20} \\ \text{Interior angle = }\frac{180(20-2)}{20}=\frac{180\times18}{20}=162 \\ \end{gathered}[/tex][tex]\begin{gathered} \text{One exterior angle = }\frac{360}{n} \\ =\frac{360}{20}=\text{ 18} \end{gathered}[/tex]

Which statement explains whether x=5 is the solution to 5x + 2 = 27? a. Yes, because 5x means x=5.b. No, because 5x doesn't mean x=5.c. No, because when x is replaced by 5 the equation is false. d. Yes, because when x is replaced by 5 the equation is true.

Answers

Given

x = 5

5x + 2 = 27

Procedure

d. Yes, because when x is replaced by 5 the equation is true. ​

Question 5The table below shows the coordinates of a figure that was transformed.Pre-ImageImageA(5,2)B(6, 1)A'(0,0)B'(1, -1)C'(-1,3)C(4,5)Which is a correct description of the transformation?

Answers

You have the following A, B and C points, which are transformed to the points A', B' and C', jus

A survey was given asking whether they watch movies at home from Netflix, Redbox, or a video store.Use the results to determine how many people use Redbox.60 only use Netflix64 only use Redbox24 only use a video store 8 use only a video store or Redbox38 use only Netflix or Redbox 35 use only a video store or Netflix5 use all three24 use none of these

Answers

SOLUTION

We will use a Venn Diagram for this problem.

Let N represent those that use Netflix, R represent those that use Redbox and V represent those that use video store. The Venn Diagram is shown below

From the Venn Diagram above, the number in each part of a circle, represents the information

Now, how many people use Redbox?

The number of those that use Redbox is represented by the circle R, so we add all the numbers in this circle, we have

[tex]n(R)=38+64+5+8=115[/tex]

Hence the answer is 115

Model Real Life You have 3 toy bears. Yohave more yo-yos than toy bears. How mamore yo-yos do you have?

Answers

Solution

Step 1

Let the number of yo-yos than toy bears = x

consider the function f(x) = x^1/2 and the function G, shown below. g(x)= f(1/4 • x) = (1/4 •x)^1/2how will the graph of the function g differ from the graph of the function f?

Answers

ANSWER

The graph of function g is the graph of function f stretched horizontally by a factor of 4.

EXPLANATION

Function g(x) is a transformation of function f(x), obtained by multiplying the variable, x, by 1/4. This is described as a horizontal stretch by a factor of 4.

Hence, the graph of function g is the graph of function f stretched horizontally by a factor of 4.

A number between 280 and 380 when rounded to the nearest hundred is 45 less than the original number what number is the original number

Answers

If the unknown number is an integer between 280 and 349;

When rounded to the nearest hundred, the unknown number is 300.

If the unknown number is an integer from 350-380;

When rounded to the nearest hundred, the unknown number is 400.

If the approximation is 45 less than the original number, thus it cant be in the range of 350-380.

But;

[tex]300+45=345[/tex]

When 345 is rounded to the nearest hundred, it is 300.

And the difference between the approximated value and the original value is 45.

Hence, 345 is the original number.

CORRECT ANSWER: 345

The Adventure Club has scheduled a trip to hike a nearby mountain. Since the group started hiking, they gained 456 feet in altitude from their start position. The current altitude is 437 feet, but there is no record of their starting altitude.write a equation to represent this situation Explain what your variable representssolve your equation please someone help me ill give you a star anything please ♡

Answers

Let h be the altitude of the starting position.

Since the group has gained 456 feet from the start position, then the current altitude is:

covert 6\10 into decimal number and then see if it's a repeating or terminating

Answers

We are asked to determine wheater 6/10 in decimal form is repeating or terminating. To do that we need to divide 6 over 10. To do that, we proceed as follows:

We need to find a number that when multiplied by 10 gives 6. That number is 0.6, because:

[tex]0.6\times10=6[/tex]

Therefore 6/10=0.6 Since the numbers after the radix point do not repeat, this is a terminating decimal.

Refer to the diagram below to prove that the exterior angle equals the

Answers

To prove that the sum of the remote interior angles and the exterior angle have the same value, we recall 2 things:

1.- the inner angles of a triangle add up 180 degrees

2.- angle 3 and angle 4 are supplementary which means that they add up 180 degrees.

[tex]\begin{gathered} \measuredangle1+\measuredangle2+\measuredangle3=180^{\circ} \\ \measuredangle3+\measuredangle4=180^{\circ} \\ \Rightarrow \\ \measuredangle1+\measuredangle2+\measuredangle3=\measuredangle3+\measuredangle4 \\ \Rightarrow \\ \measuredangle1+\measuredangle2=\measuredangle4 \end{gathered}[/tex]

Answer:

They are linear pair and therefore supplementary.

Triangle sum theorem.

Substitution.

Subtraction property of equality.

Pizza House offers 4 different salads, 5 different kinds of pizza, and 3 different desserts. How many different three course meals can be ordered?...Question content area rightPart 1How many different meals can be ordered?enter your response here

Answers

A three-course meal will contain 1 pizza, 1 salad, and 1 dessert.

The question tells us that there are 4 different salads, 5 different pizzas, and 3 different desserts.

Therefore, the total number of possible ways a three-course meal can be served is calculated as the product of all the numbers. This is shown below:

[tex]\Rightarrow4\times5\times3=60[/tex]

60 different meals can be ordered.

#8 help with algebra 2 question. That’s the only picture I have. I tried writing it out.

Answers

Solution:

Given a cosine function graph;

The general cosine function is

[tex]y=A\cos(Bx-C)+D[/tex]

Where

[tex]\begin{gathered} A\text{ is the amplitude} \\ Period=\frac{2\pi}{B} \\ C\text{ is the phase shift} \\ D\text{ is the vertical shift} \end{gathered}[/tex]

From the graph,

The midline is y = 1

The amplitude, A, is

[tex]\begin{gathered} A=4-1=3 \\ A=3 \end{gathered}[/tex]

The amplitude, A is 3

Where,

[tex]\begin{gathered} Period=12 \\ Period=\frac{2\pi}{B} \\ 12=\frac{2\pi}{B} \\ Crossmultiply \\ 12B=2\pi \\ Duvide\text{ both sides by 12} \\ \frac{12B}{12}=\frac{2\pi}{12} \\ B=\frac{\pi}{6} \end{gathered}[/tex]

The phase shift, C = 0, and the vertical, D, is 1

Thus, the equation of the graph is

[tex]\begin{gathered} y=A\cos(Bx-C)+D \\ Where \\ A=3 \\ B=\frac{\pi}{6} \\ C=0 \\ D=1 \\ y=3\cos(\frac{\pi}{6}x)+1 \end{gathered}[/tex]

The graph is shown below

Hence, the equation is

[tex]y=3\cos(\frac{\pi}{6}x)+1[/tex]

Use the given rounded values, the properties of logsand your knowledge of logarithmic functions to find thevalue of each log expression. Show your work.

Answers

We want to find the value for

[tex]\log _425[/tex]

To do that, first let's rewrite this expression as

[tex]\log _425=\log _45^2[/tex]

Using the following property

[tex]\log _ab^c=c\log _ab[/tex]

We can rewrite our expression as

[tex]\log _45^2=2\log _45[/tex]

Using the given value on the text, we get our answer

[tex]\log _425=2\log _45=2\cdot1.2=2.4[/tex]

rewrite 2x+5y=10 in slope intercept form then graph them

Answers

The slope intercept of a line is:

[tex]y=mx+b[/tex]

We re-write the equation given:

[tex]\begin{gathered} 2x+5y=10 \\ 5y=-2x+10 \\ y=\frac{-2x+10}{5} \\ y=\frac{-2x}{5}+\frac{10}{5} \\ y=-\frac{2}{5}x+2 \end{gathered}[/tex]

The graph of this line is shown below:

How come my answer is wrong? It says it’s equal to the correct answer but it’s not the right answer.

Answers

[tex]\begin{gathered} (2.7x^3-5.5x^2-2)-(5.5x^3-7.9x^2+\text{ 2) }\ldots..\text{remove parenthesis } \\ =\text{ 2.7}x^{3\text{ }}-5.5x^2-2-5.5x^3+7.9x^2\text{ -2} \\ =\text{ (2}.7x^{3\text{ }}-5.5x^3)-5.5x^2+7.9x^2-2-2^{} \\ =\text{ }-2.8x^3+2.4x^2-4^{} \end{gathered}[/tex]

Other Questions
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