Craig just purchased a new car. He financed $45000 and must pay it back over 5 years with 11% interest. a) How much will craig have paid in interest by the time his car is paid off? b) How much will he have paid for his car, including interest, after 5 years?

The amount Craig financed at the beginning(P) = 45000

Number of years he took to repay(T) = 5

Rate of interest(R) = 11%

Total interest he paid = PTR/100

= 45000(5) (11) / 100

= 450 × 55 = 24,750

Therefore Craig will have paid $24,750

Step-by-step explanation:

question 1 is 8, question 2 is 9, question 3 is 24

step-by-step explanation:

now, the numbers they give you at the top are the key. from there, you just have to plug and chug! let's try 1, 2, and 3!

key: a=3, b=5, c=6

1. a+5

remember, a=3, so we plug that in to get 3+5=8

2. 15-c

c=6, so we plug that in to get 15-6=9

3. 4b

b=6, so we plug it in to get 4*6=24

time to try the rest on your own! if you put the answers below in a comment, i'll check them for you!

$9.89

step-by-step explanation:

9.90 = p x .06 x .25 (3/12 changed to a decimal)

9.90 = p x 0.015

9.90 - 0.015 = p

9.89 = p