A college student has been looking for a new tires. The student feels that the warranty period is a good estimate of the tire life and that 10% interest rate is appropriate. Given 4 options find the minimum Equivalent Uniform Monthly Cost. (Note: the student wants to buy 4 tires) Warranty time (months) | Tire price (all 4 tires)
12 | 31
24 | 51
36 | 69
48 | 94

The minimum Equivalent Uniform Monthly Cost = $2.2264

Explanation:

To find the Equivalent Uniform Monthly Cost: EUAC = P(A/P,I,N)

Where i = 10% => 10% / 12 =

N = 12 , 24 , 36 & 48 months

12 months Warranty time = 31(A/P,10%/12,12)

12 months Warranty time = 31 * 0.0879

12 months Warranty time = $2.7254

24 months Warranty time =51(A/P,10%/12,24)

24 months Warranty time = 51 * 0.0461

24 months Warranty time = $2.3534

36 months Warranty time = 69(A/P,10%/12,36)

36 months Warranty time = 69 * 0.0323

36 months Warranty time = $2.2264

48 months Warranty time =94(A/P,10%/12,48)

48 months Warranty time = 94 * 0.0254

48 months Warranty time = $2.3841

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.

a. primarily outdoors, responding to emergencies and protecting people.

have a nice day!