Mathematics, 16.04.2020 21:35 iRaMpAgez
Kevin is trying to determine whether to lease or purchase a car. The purchase price is $42,000, and he has been approved for a 4-year loan with a 5.75% interest rate. He assumes the car's value will depreciate 8% each year, and he intends to sell the car after 10 years at the depreciated value.
What is his net gain or loss after selling the car?
−$65,359.41
$47,115.09
$18,244.32
−$28,870.77
Answers: 1
Another question on Mathematics
Mathematics, 21.06.2019 20:40
Askate shop rents roller skates as shown on the table below. which graph and function models this situation?
Answers: 1
Mathematics, 21.06.2019 22:00
Type the correct answer in the box. consider the system of linear equations below. rewrite one of the two equations above in the form ax + by = c, where a, b, and c are constants, so that the sum of the new equation and the unchanged equation from the original system results in an equation in one variable.
Answers: 2
Mathematics, 21.06.2019 23:30
What is the explicit rule for the sequence in simplified form? −1,−4,−7,−10,−13… an=4−5n an=−4−3n an=2−3n an=−6−5n
Answers: 1
Mathematics, 22.06.2019 01:00
What are the solutions of the following system? y=-2x^2 y=x-2
Answers: 1
You know the right answer?
Kevin is trying to determine whether to lease or purchase a car. The purchase price is $42,000, and...
Questions
Law, 13.04.2021 02:10
Mathematics, 13.04.2021 02:10
English, 13.04.2021 02:10
Mathematics, 13.04.2021 02:10
Biology, 13.04.2021 02:10
