Finance charge is the amount it costs of borrowing money
The finance charge that will appear in each year's profit and loss expense in the lessee's books are;
[tex]\begin{array}{|c|cc|}\mathbf{Year}&&\mathbf{Finance \ Charge \ (Kshs)}\\&&\\First&&1.8\\&&\\Second&&1.499\\&&\\Third&&1.171\\&&\\Fourth&&0.814\\&&\\Fifth&&0.424\end{array}\right][/tex]
The total financial charge = 5 × 5.142 - 20.000 = 5.71
The annual percentage rate, APR, of an instalment payment is given as follows;
[tex]\dfrac{(1 - (1 + r)^{-5}}{r} \times 5.142 = 20.000[/tex]
Solving using a graphing calculator gives;
r = APR ≈ 0.09 = 9%
The calculation for charges each year is as follows:
Payment interest for the first instalment = 20 × 9% = 1.8
The principal of the first payment = 5.142 - 1.8 = 3.342
The loan balance = 20 - 3.342 = 16.658
Payment interest for the second instalment = 16.658 × 9% = 1.49922
Second payment principal = 5.142 - 1.49922 = 3.64278
Loan balance = 16.658 - 3.64278 = 13.01522
Payment interest for the third instalment = 13.01522 × 9% = 1.1713698
Third payment principal = 5.142 - 1.1713698 = 3.9706302
Loan balance = 13.01522 - 3.9706302 = 9.0445898
Interest for the fourth payment = 9.0445898 × 9% = 0.814013082
Fourth payment principal = 5.142 - 0.814013082 ≈ 4.327986918
Loan balance = 9.0445898 - 4.327986918 = 4.716602882
Fifth payment interest = 4.716602882 × 9% = 0.42449425938
Fifth payment principal = 5.142 - 0.42449425938 ≈ 4.718
Therefore, we have;
[tex]\begin{array}{|c|cc|}\mathbf{Year}&&\mathbf{Finance \ Charge \ (Kshs)}\\&&\\First&&1.8\\&&\\Second&&1.499\\&&\\Third&&1.171\\&&\\Fourth&&0.814\\&&\\Fifth&&0.424\end{array}\right][/tex]
Learn more about the actuarial method here:
https://brainly.com/question/15504405
State the gradient of the line 2y = 3 – 2x.
Answer:
Step-by-step explanation:
2y = 3-2x
y = -x + 3/2
Slope of line = coefficient of x = -1
i’m genuinely confused, please help
Answer:
2x + 3 + 3x +12 + 90 = 180 (degree )
5x +105=180 (degree )
5x= 180-105 (degree )
5x = 75 (degree )
x = 75/5 (degree )
x = 15 #
therefore, 2x + 3= 2*15 + 3
=30+3
= 33#
3x + 12 = 3*15+12
= 45 +12
= 57#
Jungwon has $15. Notepads cost $2.50 each. How many notepads can Jungwon buy?
Going into the final exam, which will count as two tests, has test scores of 77 , 82, 72 , 63 and 92 What score does need on the final in order to have an average score of 80?
Answer:
you either need to score a perfect on one exam and get a 80 on the second or get two 90s on both exams.
Step-by-step explanation:
Find the value of x 3(4x+3)
3(4x+3)=12x+9
i don't know what do you need,
if roots, let 12x+9=0
the root is x=-3/4
Can someone help me solve these 3 trig identity problems? I am stuck on these last 3... I will give brainliest!
(calculators are allowed)
Answer:
1. 1,246
2. 0,545
3. 0,9539
Step-by-step explanation:
semoga membantu :)
Which of the h values are solutions to the following equation?
h^2=0.36
Choose all answers that apply:
A: h= square root of 0.6
B: h = square root of -0.6
C: h = 0.18
D:h = -0.18
E: None of the above
Answer:
a:h=square root of 0.6
Step-by-step explanation:
thank you for your time today
Answer:
none of the above
Step-by-step explanation:
KHAN
How would you write 5x5x5x5x5x5 in exponential form
Answer:
5^6
Step-by-step explanation:
This is because the exponent is how many numbers are in the multiplication equation, in this case, five. Because there are six five's being multiplied together, our exponent is six.
Two cars start at the same point. One travels north at 65 km/h and the other travels east at 50 km/h. How far are they apart after 30 minutes?
Answer:
they travel 115 km/h long
can anyone help me out with this one?
Please help due tomorrow
The scaled factor is 3 for all of them.
Someone please help me with 13 and 14 I’m really struggling
Answer:
Step-by-step explanation:
Is [tex]2 \frac{2}{3} [/tex]
a rational number
Tom works at a car dealership selling cars. If he makes $4000 a month and $250 per car he sells, how much did he
make in July if he sold 12 cars? In August he made $6500, how many cars did he sell?
Answer:
Answer = he made 7,000 in July and sold 10 cars in august.
Step-by-step explanation:
One number exceeds another by 12 and their sum is 44 find the two numbers you
Answer:
Step-by-step explanation:
x - first
x + 12 - second
x + (x + 12) = 44
2x=44-12
x=16
first number is 16
second number is 16+12=28
two numbers are 16 and 28
16 and 28 are the required two numbers when one number exceeds another by 12 and their sum is 44
One number exceeds another by 12 and their sum is 44
We need to find the two numbers
What is equation?Two expressions with equal sign is called equation.
Let x be the first number
x + 12 be the second number
x + (x + 12) = 44
2x=44-12
x=16
Therefore first number is 16
second number is 16+12=28
To learn more about solving equation click here: https://brainly.com/question/24638714
#SPJ2
What is this number sentence equal to?
If you could help, thank you so much!
Answer:
18.63
Step-by-step explanation:
[tex] \frac{6}{10} = 0.6 \\ \frac{3}{100} = 0.03[/tex]
[tex]10 + 8 + 0.6 + 0.03 = 18.63[/tex]
A coin is flipped two times and the number of heads is counted. Which of the following is a valid assignment
of probabilities for the number of heads observed in two flips?
8.
Number of heads
Probability
0
1/10
1
5/10
2
4/10
b.
Number of heads
0
1
2
Probability
1/4
2/4
1/4
C.
0
1
Number of heads
Probability
2
1/3
1/3
1/3
d. All answer options are correct
Answer:
5/10, 1, 2/4,
Step-by-step explanation:
Will mark as brainliest!
Answer:
[tex]f=12-\frac{t}{20}[/tex]
Step-by-step explanation:
Integration of x+4/(x+2)"2
Answer:
is this u want?
Step-by-step explanation:
if no so sorry..
Mrs. Harris treated her 1st period with donuts for averaging the highest on the midterm exam. She bought 25 donuts, By the end of the period, there were 3 donuts remaining. What is the percent decrease?
Answer:
join me on no comments yet the story is about to the turf and a bagane and pinni geting step by step explanation friendship is not working properly and the story of a y I have a mantra and sister about your self and the story of the story is a bagane unda and the story and the portion of the story of the story of the story is about the event of a y you know if
Find an equation of the set of all points equidistant from the points
A(−2, 6, 3) and B(5, 3, −3).
We need to find the equation which is equidistant to the given points.
[tex]A(-2,6,3)[/tex] and [tex]B(5,3,-3)[/tex]
This can be done using the distance formula.
Let us take a point [tex]P(x,y,z)[/tex] which is equidistant from both points so
[tex]\sqrt{(x+2)^2+(y-6)^2+(z-3)^2}=\sqrt{(x-5)^2+(y-3)^2+(z+3)^2}\\\Rightarrow y^2-12y+x^2+4x+z^2+49-6z=y^2-6y+x^2+z^2+6z+43-10x\\\Rightarrow 7x-3y-2z+1=0[/tex]
The required equation is [tex]7x-3y-2z+1=0[/tex]
Learn more:
https://brainly.com/question/17446418
https://brainly.com/question/14256077
Find the midpoint of the segment with the given endpoints.
(-7, -9) and (-2,7)
Answer:
(-9/2,-1)
Step-by-step explanation:
Use the midpoint formula to find the midpoint of the line segment.
Helppp
Find the measure of ∠3.
Answer:
90°
Step-by-step explanation:
diagonals of a kite intersect each other at 90°
:)
ANSWER :
third option 90 degrees
Step-by-step explanation:
the opossite adjasent angle is 1 that is 90 so angle 3 is opposite adjacent angle of angle 1
*The opposite adjacent angles will always be same
Help please! Find the area of the shape below. (Show work)
9514 1404 393
Answer:
292 yd²
Step-by-step explanation:
We can find the area of the remaining L shape by subtracting the area of the 21×22 rectangle at lower left from the 26×29 overall rectangle.
shape area = (26 yd)(29 yd) -(21 yd)(22 yd) = 754 yd² -462 yd²
shape area = 292 yd²
__
Additional comment
The area of a rectangle is the product of its length and width.
There are many ways the area of this shape can be calculated. The area can be divided into two rectangles, two trapezoids, three rectangles, and other ways.
If you cut up the given shape into smaller pieces, you will generally need to know the widths of the arms of the L. One of those is shown as 7 yd. The other is 26-21 = 5 yd.
Using the method we did, we only needed the dimensions shown on the figure.
(25x3) + (10x3) is my question i dont know the answer
Answer:
75+30=105....................
Simplify show step by step 30 POINTS!
Step-by-step explanation:
hopefully it makes sense and is visible
:)
Select the correct answer.
Based on these segment lengths, which group of segments cannot form a triangle?
OA 12,7,8
OB. 8, 7, 13
OC. 1,2,3
OD. 80,140, 70
Reset
Next
2021 EdimentumAll rights
Answer:
C
Step-by-step explanation:
If you add up the length of two sides, the sum must be greater than the third side of the triangle.
If you add 1 and 2, it equals 3
But that means it will be equal to the length of the third side, 3
It will be impossible to make a triangle with those lengths of sides no matter how the sides or angles are set.
It's sort of difficult to explain this without any visual
You can look up "triangle inequality" to find out more about this
please help me, if you help then thanks!
Answer:
B. [tex] {a}^{ - 7 - 10} [/tex] (second option)
Step-by-step explanation:
[tex] \frac{ {a}^{ - 7} }{ {a}^{10} } [/tex]
[tex] {a}^{ - 7 - 10} [/tex]
[tex] - 7 - 10 = - (7 + 10) = - 17[/tex]
Round 57.5958961796 to the nearest hundredth.
1. If a = -1 , the value of3a + 1 is
Answer:
[tex]f(a) = 3a + 1 \\ Now,\: a = - 1 \\ f( - 1) = 3( - 1) + 1 \\ f( - 1) = - 3 + 1 \\ \boxed{ f( - 1) = - 2}[/tex]
Therefore, -2 is the right answer.