Your friend just purchased a new sports car for $32,000. he received $6,000 for his trade in and he used that money as a down payment for the new sports car. he financed the vehicle at 6.76% apr over 48 months with a monthly payment of $619.15. determine, from the given information, the finance charge.

Finance charge is $3719.20

Step-by-step explanation:

Total cost of the car = $32000

Down payment made = $6000

Amount left for loan =

Rate = 6.67% (not needed to solve this question)

Time = 48 months

Monthly payment = $619.15

So, for 48 months, payment will be =

Finance charge is = dollars

Therefore, the answer is $3719.20.

the largest number of the four options is 1.8 x 10-2

you have it in scientific notation.

1.80 x 10-6   = 0.00000180

1.80 x 10-4   = 0.000180 (bigger, or "less small", than the former one)

so

1.8 x 10-2       = 0.0180. as you see. the "less small", or the biggest one of them all.

as you have negative exponent, it means you are dividing 1.8 by 100 (i.e. moving the dot towards left, two times).

if you had positive exponent for the scientific notation, power of tenths, you would be multiplying times 100 (moving the dot towards right) as below:

1.8 x (10)2 = 180

so. if you have negative exponent in scientific notation, move the dot toward left. if it is positive, toward right as many times the exponent tells you.