jennifer bought a brand new sports car. the price of the car was $14,900 including sports wheels, an AM/FM cd stereo, and automatic transmission. the dealer gave her a $1,250 instant rebate on the price and 0% interst for 60 months. jennifer made a down payment of $750. what would be the expression for jennifer's monthly payments if she takes 60 months to pay the remaining balance ?
If there is no compound interest on the debt for 60 months, the monthly payment would simply be (14,900 - 1250 - 750).60 = $215.00.
14900-1250-750=12900
m will be monthly payment
12,900 = 60m
215 = m
NATASHA IS 12 YEARS OLD AND RUNS AN AVARAGE OF 6 YARDS PER SECOND.dERK IS 8 YEARS OLD AND RUNS ABOUT5 YARDS PER SEC.NATASHA CHALLENGES DERK TO A 80 YARD RACE AND TOLDHIM SHE WOULD WIN EVEN IF HE HAD A 10-YARD HEAD START.
Kenneth -- please click Post a New Question and ask your question. Also, please use lower case letters. Using all capitals is the internet equivalent of shouting.
To find the expression for Jennifer's monthly payments, we need to calculate the remaining balance after the down payment and rebate, and then divide it by the number of months she will take to pay off the loan.
1. Start with the total price of the car: $14,900.
2. Subtract the instant rebate she received: $14,900 - $1,250 = $13,650. This is the new balance after the rebate.
3. Subtract the down payment she made: $13,650 - $750 = $12,900. This is the remaining balance after the down payment.
4. Divide the remaining balance by the number of months she will take to pay off the loan, which is 60 months: $12,900 / 60 = $215.
Therefore, the expression for Jennifer's monthly payments would be $215.