To pay for the trailer, the company took out a loan that requires Amazon Rafting to pay the bank a special payment of $8,700 in 5 years and also pay the bank regular payments of $4,100 each year forever. The interėst rate on the loan is 14.3 percent per year and the first $4,100 yearly payment will be paid in one year from today. What was the price of the trailer?

Answers

Answer 1

Answer:

The correct option is c. An amount equal to or greater than $25,000 but less than $36,000.

Step-by-step explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Amazon Rafting just bought a new trailer. To pay for the trailer, the company took out a loan that requires Amazon Rafting to pay the bank a special payment of $8,700 in 5 years and also pay the bank regular payments of $4,100 each year forever. The interest rate on the loan is 14.3 percent per year and the first $4,100 yearly payment will be paid in one year from today. What was the price of the trailer?

a. An amount less than $14,000 or an amount equal to or greater than $62,000

b. An amount equal to or greater than $14,000 but less than $25,000

c. An amount equal to or greater than $25,000 but less than $36,000

d. An amount equal to or greater than $36,000 but less than $49,000

e. An amount equal to or greater than $49,000 but less than $62,000

The explanation of the answer is now provided as follows:

The price of the trailer can be calculated using the following formula:

Price of the trailer = (Special payment in 5 years / (1 + r)^n) + (Annual regular payment forever / r) .................... (1)

Where:

Special payment in 5 years = $8,700

r = Interest rate = 14.3% or 0.143

n = number of years = 5

Annual regular payment forever = $4,100

Substituting the values into equation (1), we have:

Price of the trailer = ($8,700 / (1 + 0.143)^5) + ($4,100 / 0.143)

Price of the trailer = ($8,700 / 1.95088267511394) + $28,671.33

Price of the trailer = $4,459.52 + $28,671.33

Price of the trailer = $33,130.85

Since the calculated price of the trailer is $33,130.85, the correct option is c. An amount equal to or greater than $25,000 but less than $36,000.


Related Questions

The girls hockey team has 7 sixth grade and 9 seventh grade students on their team. What is the ratio of seventh grade students to sixth grade students?​

Answers

Step-by-step explanation:

7:9 I'm pretty sure that's it

The first correct answer gets brainliest

Answers

Answer:

1.2 Cm.

Step-by-step explanation:

If you multiply these three fractions you get 1.2 Cm. Or in fraction from 6/5

Hope this helped. Please correct me if I am wrong

there are 70 students in the school band. 40% of them are sixth graders, 20 % are seventh graders, and the rest are eight graders. How many band members are sixth graders? How many band members are Seventh graders? What percentage of the band members are eighth graders?​

Answers

Answer:

28 are 6th

14 and 7th

40% are 8th

Step-by-step explanation:

Answer:

28= 6th grader

14= 7th grader

28= 8th grader

40% were 8th graders

Step-by-step explanation:

28= 6th grader

14= 7th grader

28= 8th grader

40% were 8th graders

Pls help ill give brainliest pls dont answer if you dont know thanks

Answers

Answer:

below

Step-by-step explanation:

$8.56

I need this please help me

Answers

Restaurant city b = 41%
Total = 100%

Retail city a = 57%
Total = 100%

Hope this helps
Leave a like

5.Divide: 15u20-------3u5 not a minus by the way​

Answers

Answer:

Step-by-step explanation:

[tex]\frac{15u^{20}}{3u^5}=5u^{20-5}=5u^{15}\\[/tex]

The pre-image of pentagon PENTA is rotated 90° clockwise about the origin to create the image of pentagon P'ENTA. Which statement is true?



A. The sum of the angle measures of pentagon PENTA are less than the sum of the angles measures of pentagon P'ENTA

B. After the rotation has been completed, all of the coordinates of the image will be in Quadrant

C. Each side length of pentagon P'ENTA' is twice as long as each corresponding side length of pentagon PENTA.


D. The area of pentagon PENTA is the same as the area of pentagon P'E'NTA​

Answers

yeah dude ima be honesti think it's 145 but don't get mad if it's not right , your welcome

The ratio of dogs to cats in a veterinarian's office is 9:7. What is the ratio of the number of dogs

to the total number of dogs and cats in the veterinarian's office?

Answers

Answer:

The ratio of the number of dogs to the total number of dogs and cats in the veterinarian's office is 9:16.

Step-by-step explanation:

Ratio:

The ratio of a to b is given by:

[tex]a:b = \frac{a}{b}[/tex]

The ratio of dogs to cats in a veterinarian's office is 9:7.

This means that for each 9 dogs, there are 7 cars.

What is the ratio of the number of dogs to the total number of dogs and cats in the veterinarian's office?

9 dogs

9 + 7 = 16 dogs and cats. So

The ratio of the number of dogs to the total number of dogs and cats in the veterinarian's office is 9:16.

An angle that measures 133º.

Answers

Answer:

The angle is a Obtuse Angle

an angle that measures 133 degrees is an obtuse angle .

3. FIELD TRIP There is space for 120
students to go on a field trip. Currently
,
74 students have signed up. Write and
solve an inequality to find how many
more students can sign up for the
field trip.
i need help plz

Answers

well if

120-74=46

then 46 is the correct answer.

74+46=                    120

46 more students can sign up for the field trip.

Answer:

74 + (x) = 120

Step-by-step explanation:

subtract 74 from 120

120 - 74 = 46

Solve (x - 2)^2 - 3 = 1 graphically. That is graph y = (x - 2)^2 - 3 and y = 1 on the same set of axes and find the x-value(s) of any points of intersection. Then use algebraic strategies to solve the equation and verify that your graphical solutions are correct.

Answers

Check the attachment(s) for the graphs pertaining to the question

No. 1) Check graph [first attachment]

No. 2) y = (x - 2)^2 - 3, y = 1

           (x - 2)^2 - 3 = 1,

           (x - 2)^2 = 4

            x - 2 = √4, x - 2 = - √4

            x = 4, x = 0

Substitute back to determine the respectively y-value:

y = (4 - 2)^2 - 3 = (2)^2 - 3 = 4 - 3 = 1

Check: y = (0 - 2)^2 - 3 = (-2)^2 - 3 = 4 - 3 = 1

So the points of intersection are (4, 1) and (0, 1). According to the graph, that is correct.

help what is 3²×3⁴×3³=?​

Answers

Answer:

19 683

Step-by-step explanation:

To be able to do this, just remember that for example 3 square which is the number "3^" is 3 x 3 and it is the same for others, like 3^^ is 3 x 3 x 3 x 3.

A calculator is helpful for this question, but still doable without calculator.

Two friends receive some money in the ratio 1 to 2.
One friend receives £45 more than the other.
How much money was shared in total?

Answers

Answer:

£135

Step-by-step explanation:

£90 + £45

2:1

hope its correct and helped:)))))))))

Answer:

135

Step-by-step explanation:

You've decided to give your best friend a
bag of marbles for his birthday.
Since you know that your friend likes
green marbles better than red ones, the
bag has twice as many green marbles as
red.
The label on the bag says it contains a
total of 84 marbles.
How many green marbles are in the bag?

Answers

56 green marbles!

Hope this helps!:)

Number of green marbles in the bag is equals to [tex]56.[/tex]

What is number?

" Number is defined as the count of any given quantity as per condition."

According to the question,

Given,

Total number of marbles [tex]= 84[/tex]

[tex]'x'[/tex] represents the number of red marbles

As per given condition,

[tex]'2x'[/tex] represents the number of green marbles

Required equation we have,

[tex]x + 2x = 84\\\\\implies 3x =84\\\\\implies x = \frac{84}{3} \\\\\implies x = 28[/tex]

Substitute the value of [tex]'x'[/tex] to get number of green marbles ,

Number of green marbles [tex]2x = 2\times 28[/tex]

                                                 [tex]= 56[/tex]

Hence, number of green marbles in the bag is equals to [tex]56.[/tex]

Learn more about number here

https://brainly.com/question/17429689

#SPJ2

An international company has 25,800 employees in one country. If this represents 31.1% of the companies employees, how many employees does it have in total?

Answers

Answer:

Rounded to the nearest integer, the company has a total of 82,958 employees.

Step-by-step explanation:

Given that an international company has 25,800 employees in one country, if this represents 31.1% of the companies employees, to determine how many employees does it have in total, the following calculation must be performed:

31.1 = 25,800

100 = X

100 x 25,800 / 31.1 = X

2,580,000 / 31.1 = X

82,958.1 = X

Thus, rounded to the nearest integer, the company has a total of 82,958 employees.

A number, x, rounded to 1 decimal place is 3.7
Write down the error interval for x.

Answers

Answer: (3.65, 3.74)

Step-by-step explanation:

Now, when we round a number to a given decimal place, we need to look at the decimal to the left of the decimal place where we are rounding.

if it is 5 or more, we round up

if it is smaller than 5, we round down.

Then for example, if we want to round:

4.534

to the first decimal place, we need to look at the second decimal place.

we can see that it is a 2.

Then we round down, and get:

4.5

Now we know that, when rounding to the first decimal place, we have:

x = 3.7

Then the maximum value that x could have is:

x = 3.74 (because here we round down to 3.7)

and the minimum value that x could have is:

x = 3.65 (because here we round up to 3.7)

Then the error interval for x is:

(3.65, 3.74)

(giving brainiest)

tell how you solved the question

an example is
6 x 4 x 6 = 144

Answers

Answer:

144

Step-by-step explanation:

(6(2))(4)

aka (6*6)*4=144

Answer:

V = 144

Step-by-step explanation:

Volume is a measurement of space, or capacity.

V = h × w × l

V = 6 × 6 × 4

V = 144

good luck, i hope this helps :)

Elena is making greeting cards, which she will sell by the box at an arts fair. She paid $54 for

a booth at the fair, and the materials for each box of cards cost $9.50. She will sell the cards

for $11 per box.

At some point, she will sell enough cards so that her sales cover her expenses. How much will

the sales and expenses be? How many boxes of cards will that take?

Elena's sales and expenses will both be $

if she sells

boxes of cards.

Submit

Answers

Answer:

Elena's sales and expenses will both be $

396

if she sells

36

boxes of cards.

Step-by-step explanation:

The number of greeting cards are 36 and Elena's sales and expenses will both be $396.

Elena  paid $54 for a booth at the fair, and the materials for each box of cards cost $9.50.

What is an equation?

In mathematics, an equation is a formula that expresses the equality of two expressions, by connecting them with the equals sign =.

Let the number of cards be x.

At some point, she will sell enough cards so that her sales cover her expenses.

So, 54+9.50x=11x

⇒ 11x-9.50x=54

⇒ 1.50x=54

⇒ x=54/1.50

⇒ x=36

Thus, sales=expenses= 11x

= 11×36

= $396

Hence, the number of greeting cards are 36 and Elena's sales and expenses will both be $396.

To learn more about an equation visit:

https://brainly.com/question/14686792.

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who knows the answer to this????

Answers

There is no problem here
What is the question??

What is the measure of the missing angle?

Answers

Answer:

115

Step-by-step explanation:

To find the missing angle all you have to do is add the 2 nonadjacent interior angles which are 75 and 40 to get the exterior angle which is 115.

Hope this helps!:)

75+40+x=180

X= 65

65 + x= 180

Answer is 115°


6. It takes about 20 minutes to walk a mile. About how
long would it take to walk a half mile

Answers

If it takes about 20 minutes for someone to walk a mile, then it should be about 10 minutes to walk a half mine, because half of 20 is 10, have a good day!!
10 is the correct answer

can someone help find me, giving brainly.

Answers

Step-by-step explanation:

8x+17 = 30 + 5x +20

3x = 30 + 20 -17

3x = 30 + 3

3x = 33

x = 33/3

x = 11

measures = angle Q= 5x +20 = 5(11)+ 20 = 55+20 = 75

hope this will be helpful to you.

plz mark my answer as brainlist plzzzz.

☺️

Help solve for X. I will give brainliest to the best answer!!! PLEASEEEE

Answers

Answer:

8

Step-by-step explanation:

So first do 104+76+104=284

Now form the equation 10x-4+284=360

It is 360 because this is a quadrilateral.

Now combine like terms.

10x+280=360

10x=80

x=8

Check 80-4=76

The other angle is 76 so you know your answer is correct

Jimmy wants to calculate what 125% of 84 will be?

Answers

Answer:

105

Step-by-step explanation:

100% = 84

1% = 84 ÷ 100 = 0.84

125% = 0.84 x 125 = 105

Answer:

105

Step-by-step explanation:

Multiply. Use a model to help.
5/6
of 12 =

Answers

Answer: 10

Step-by-step explanation: (5/6) times 12

Answer:

10

Step-by-step explanation:

[tex]\frac{5}{6}[/tex] × [tex]\frac{12}{1}[/tex]

Multiply 12 times 5 to get 60. Then, multiply 6 times 1 to get 6.

Lastly, divide 60 by 6, which equals 10.

is a single money that grows interest overtime to a larger sum brainly

Answers

Step-by-step explanation:

while both types of interest that grows every time over time

Graph the line with slope 3 passing through the point (5,-4).

Answers

Answer:

y = 3x-16

Step-by-step explanation:

two points where the line goes through is (5,-4) as mentioned and (0,-16)

A can of tomato soup has a circular base with a diameter of 7 cm. If the surface area of the can is 104.3 cm. What is the height of the can?

Answers

Answer:

1.243 cm

Step-by-step explanation:

The surface area of a cylinder is the sum of the area of the two congruent circular bases and the rectangular lateral area.

[tex] SA = 2\pi r^2 + 2 \pi rh [/tex]

[tex] SA = 2\pi r(r + h) [/tex]

We are given the surface area and the diameter.

r = d/2 = 7 cm / 2 = 3.5 cm

We can solve for h, the height.

[tex] SA = 2\pi r(r + h) [/tex]

[tex] 2\pi r(r + h) = SA [/tex]

[tex] r + h = \dfrac{SA}{2\pi r} [/tex]

[tex] h = \dfrac{SA}{2\pi r} - r [/tex]

[tex] h = \dfrac{104.3~cm^2}{2(3.14159)(3.5~cm)} - 3.5~cm [/tex]

[tex] h = 1.243~cm [/tex]

heleoeoeoeoeooeoeoeeoeoeoeoe

Answers

Answer:

oh heelo

Step-by-step explanation:

calcule a área lateral de uma pirâmide regular quadrangular de altura 6 cm e área da base 64 cm2​

Answers

Answer:

bam

Step-by-step explanation:

bam

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