Juan is deciding between two cars to purchase. Car a depreciates annually at a rate of 3.5%, while car b depreciates monthly at a rate of 0.32%. Which car is the better deal?

It is better to deal of car A.

Step-by-step explanation:

Depreciates rate of car A =  3.5% annually

Depreciates rate of car B = 0.32% monthly = 0.32 × 12 = 3.84 % annually

Depreciates rate of car A = 0.035

Depreciates rate of car B = 0.0384

Since the depreciate rate of car A is less than the  depreciate rate of car B.

So it is better to deal of car A.

19.

step-by-step explanation:

you add the 9 in the tens column since it is a single digit and 9 plus zero is 9 so it is 19

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.