You are buying an old "go to work" pickup with a price tag of $1,600. You apply a down payment of $200.00. Sales tax is 6.5%. You will have to borrow $1,504 at 8% interest for one year to complete the purchase. What will your full purchase price be with principal, tax and interest.
Answers
Answer:
Full Purchase Price of the Pickup=$1824.32
Step-by-step explanation:
Price Tag = $1600
- Sales tax (at 6.5%) =(0.065 X 1600) =$104
Total Sales Price = 1600+104=$1704
Down Payment = $200
Principal Borrowed = $1504
Rate=8%
Amount = Principal+Interest
= [TeX] 1504 + Simple \: Interest= 1504 +\frac{1504 X 8 X 1}{100}[/TeX]
=1504+120.32
- Amount =$1624.32
Full Purchase Price of the Pickup =Amount + Down Payment
= 1624.32+200=$1824.32
Related Questions
What is the word form of 19.238
Amy had homework for math,science,and history.she spent 1/3 of her time working on math and 1/4 of her time working on science.
If a+b=12 and a−b = 8, what is the value of a^2+b^2?
Which numbers are solutions to the inequality-3x-3<6
Answers
(Image below)
Answers
Answer:
B. y = 2/3 x.
Step-by-step explanation:
The slope of the line = rise / run = 2/3.
The equation is y = 2/3 x.
Answer:
B. y = 2/3x.
This is your answer!
Answers
For this case we have that the main function is given by:
We apply the following transformation:
Vertical displacements:
Assume k> 0
To graph y = f (x) - k, move the graph k units down.
For k = 3 we have:
Answer:
when the function is changed to f (x) - 3 the change that will occur is:
Vertical displacement 3 units down.
Answers
to find this you multiply the number of meters by 10
A.
$82
B.
$200
C.
$250
D.
$300
Answers
D=25m+50
D=(25)(8)+50
D=200+50
D=250
There will be $250 after 8 months.
75.00 , what is the percent ?
Answers
Answer:
16 2/3 %
Step-by-step explanation:
Since the price went down, we are find the percent decrease.
Percent decrease = (original price - new price)/ original price
= (90 - 75)/90
=15/90
.1666666666666
Changing to percent form
16.6666666666666666666666%
16 2/3 %