Mathematics, 10.02.2021 05:10 beserkerbradley5863

Derek decides to buy a new car. The dealership offers him a choice of paying $556.00 per month for 5 years (with the first payment due next month) or paying some $28,114.00 today. He can borrow money from his bank to buy the car.
What interest rate makes him indifferent between the two options?

Answer format: Percentage Round to: 3 decimal places (Example: 9.243%, % sign required.)

Answers: 2

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 15:00

Answer this question only if you know the answer! 30 points and

Answers: 1

Answer

Mathematics, 21.06.2019 17:00

Measures of the angle of r, 31 s (x+4) t (3x+9)

Answers: 1

Answer

Mathematics, 21.06.2019 20:30

The sum of these consecutive integers is equal to 9 less than 4 times the least of the integer. find the three integers

Answers: 1

Answer

Mathematics, 21.06.2019 21:10

Indicate the formula for the following conditions: p^c(n,r)=

Answers: 3

Answer

You know the right answer?

Derek decides to buy a new car. The dealership offers him a choice of paying $556.00 per month for 5...

Questions

Mathematics, 04.04.2020 14:45

The blue line of best fit for boys intersects the vertical axis at 55 centimeters and the point (12.5, 70). Which equation best describes the boy's li...

English, 04.04.2020 14:45

How does knowledge of vocabulary influence communication at school, home, work and in the community?...

Business, 04.04.2020 14:45

Ted's Manufacturing makes two products, B and C. They each take 2 direct labor hours and 2 machine hours to produce. A batch of Product B, however, us...

Mathematics, 04.04.2020 14:45

Geneva treated her parents to dinner at their favorite restaurant the bill was $74.25 Geneva wants to leave 16% of the total tip how much should be th...

History, 04.04.2020 14:45

What is medicare and medicade and why is it important...

Mathematics, 04.04.2020 14:45

Which values from the set { -6 , -4 , -3 , -1 , 0 , 2 satisfy this inequality -1/2x + 3 > 5...

Business, 04.04.2020 14:45

7) Suppose AVC = $113 when the firm produces 515 units of output. Then the firm's fixed cost amounts to a) $5,500, and its profit amounts to $20,375....

Chemistry, 04.04.2020 14:46

When you place a saturated sodium bicarbonate solution in with the mixture in the separatory funnel, a gas should be evolved. Is this evidence your de...

Engineering, 04.04.2020 14:46

(A) Develop the activity sequence model and determine the normal time for the following work activity: An assembly worker on a production line...

Mathematics, 04.04.2020 14:46

The value of y varies directly as the square of x and y=27 when x=9. Find the equation represents this relationship. Report the proportionality consta...

Business, 04.04.2020 14:46

You're the Chief Marketing Officer of SalonCentric, a wholesaler of hair and beauty products sold to licensed beauticians and cosmeticians through bri...

Business, 04.04.2020 14:46

Property-tax revenues for the county were reported at $770,000 on its governmental funds statement, but property-tax revenues on the county's governme...

Mathematics, 04.04.2020 14:46

Gender in the Population of Part-time College Students According to a 2010 report from the American Council on Education, females make up 57% of the U...

Physics, 04.04.2020 14:46

The angular velocity of a 755-g wheel 15.0 cm in diameter is given by the equation ω(t) = (2.00 rad/s2)t + (1.00 rad/s4)t 3. (a) Through how many radi...

Mathematics, 04.04.2020 14:47

You're ordering a one-topping pizza. You can choose from 3 different toppings and 2 types of crust. If you randomly pick the topping and crust, which...

Mathematics, 04.04.2020 14:47

Please help, I really don't understand....

Business, 04.04.2020 14:47

Preparing an Accounts Payable Schedule Pilsner Inc. purchases raw materials on account for use in production. The direct materials purchases budget sh...

Mathematics, 04.04.2020 14:47

Three equivalent ratios for 8/10...

Mathematics, 04.04.2020 14:47

Is vertex and minimum value of parabola the same thing...

Mathematics, 04.04.2020 14:47

Can three segments with length 4 cm 6 cm and 11 cm be assembled to form an acute triangle a right triangle or an obtuse triangle?...

More questions: Mathematics Another questions