You want to purchase an automobile for $ 26 comma 706. The dealer offers you 0% financing for 60 months or a $ 3 comma 926 rebate. You can obtain 6.3 % financing for 60 months at the local bank. Which option should you choose? Explain.

Since the monthly payment with rebate is lower than monthly payment for 0% financing, I will choose the $3,926 rebate

Step-by-step explanation:

Price of the automobile = $26,706

There is 0% financing for 60 months

Rate = 6.3%

Monthly payment for 0% financing = 26706 ÷ 60 = $445.1

Rebate = $3,926

Monthly payment for $3926 rebate

Formula for calculating present value ( PV)  for Annuity payment

...................(1)

P = monthly payment

r = Rate per period = 6.3%/12

r =(6.3/100)/12 = 6.3/1200

r = 0.00525

Present value,  PV = 26706 - 3926 = $22780

number of payments, n = 60

Substituting these values into the equation (1) above

P = $443.59

Note : From calculations, Monthly payment with rebate = $443.59, while monthly payment for 0% financing = $445.1

Since the monthly payment with rebate is lower than monthly payment for 0% financing, I will choose the $3,926 rebate

step-by-step explanation:

there is a formula i can give you:

it is r^2*n*sin(360/n) divided by 2 where r represents the "radius" and n is the number of sides.

plug them in:

(10sqrt(3))^2*6*sin(360/6) divided by 2

100*3*6*sin(60) divided by 2

900*sin(60)

900*sqrt(3)/2

450*sqrt(3)

approx is 779.4 cm^2

1 liter of pineapple juice was made i think.

step-by-step explanation: