Mathematics, 09.06.2021 05:00 lilinicholeb
Kevin needs a van for his catering company. He has found one that costs 25,675.00, including all fees and taxes. He has two options: he can lease the van for 4 years, for $450.00 per month with a security deposit of $2000 and a delivery charge if $529.96. He can use the $2529.96 as a down payment and take out a loan at an interest rate of 3.15% per annum, compounded monthly period of 4 years. a.) Calculate the total cost of leasing the van for 4 years if Kevin damages the van and doesn't get his security deposit back. b.) what would be the monthly payments on the loan? c.) calculate the total cost of purchasing the van, including the interest on the loan. d.) which option would you recommend Kevin choose? Explain your reasoning.
Answers: 2
Mathematics, 21.06.2019 18:00
Given: and prove: what is the missing reason in the proof? given transitive property alternate interior angles theorem converse alternate interior angles theorem
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Assume that the weights of quarters are normally distributed with a mean of 5.67 g and a standard deviation 0.070 g. a vending machine will only accept coins weighing between 5.48 g and 5.82 g. what percentage of legal quarters will be rejected? round your answer to two decimal places.
Answers: 1
Kevin needs a van for his catering company. He has found one that costs 25,675.00, including all fee...
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