Alice purchased a truck for a cash price of $24,900. she made a 15.5% down payment and financed the balance with payments of $395.47 per month for 60 months. determine the finance charge amount?

I hope this can help you!

Step-by-step explanation:

a. Determine the down payment.

down payment is 30% of 26,000 = 7,800.

b. Determine the amount financed

amount financed is 26,000 minus 7,800 = 18,200.

c. Determine the finance charge

finance charge is 5% / 12 = .416666...% per momth.

d. Determine the monthly payment

monthly payment is $343.46 per month.

-Agarvated

rotated. i took the test

step-by-step explanation:

delaney would like to make a 5lb nut mixture that is 60% peanuts and 40% almonds.

she has several pounds of peanuts and several pounds of a mixture that is 20% peanuts and 80% almonds.

let 'p' represent the number of pounds of peanuts needed to make the new mixture, and  

let 'm' represent the number of pounds of the 80% almond-20% peanut mixture.

:

p + m = 5

therefore

m = (5-p)

write an equation based on the percent of peanuts

1p + .2m = .6(5)

replace m with (5-p)

p + .2(5-p) = .6(5)

p + 1 - .2p = 3

p - .2p = 3 - 1

.8p = 2

p = 2/.8

p = 2.5 lbs of peanuts required

then

5 - 2.5 = 2.5 lbs of the peanut/almond mixture required

:

a) what is the system that models this situation?

p + m = 5

1p + .2m = .6(5)