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Question: FINANCING A CAR Darla purchased a new car during a special sales promotion by the manufacturer. She secured a loan from the manufacturer in the amount of $16,000 at a rate of 7.9%/year compounded monthly. Her bank is now charging 11.5%/year compounded monthly for new car loans. Assuming that each loan would be amortized by 36 equal monthly installments, determine the amount of interest she would have paid at the end of 3 yr for each loan. How much less will she have paid in interest payments over the life of the loan by borrowing from the manufacturer instead of her bank?
Statistical procedure for developing a mathematical equation.
a paper mill produces two grades of paper viz.x and y. bacause of raw material restrictions it cannot produce more than
What are the tips you use to form equations from the word problems? How do you approach that process?
for multiple sclerosis patients we wish to estimate the mean age at which the disease was first diagnosed. we want a 90
Maximizing Profit: Demand for Steak Dinners, The unit cost of producing a steak dinner at the Smalltown Inn is $6. If a restaurant charges p dollars for a steak dinner, customers will demand 200 - 5p steak dinners per week
How much time do you have to assemble each mousetrap?
Find an image of a Pie Chart or Pie Graph and post this image to the discussion board. Discuss what this graph is telling us about the data
For the following subset of R3, either prove that it is a subspace by verifying the conditions in the definition of subspace, or give a counter example to show it is not a subspace.
hoping to lure more customers to the downtown area the city council has voted to build a new parking garage. they plan
What is the maximum vertical distance between the line y = x + 6 and the parabola y = x2 for -2 ≤ x ≤ 3
The scores on a lab test are normally distributed with mean of 200. If the standard deviation is 20, find
A normal subgroup H
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