The interest in the first month is given as $ 97.1. The principal balance in the second question is $15,030.02
<h3>How to solve for the interest in the first month</h3>
1. We have to solve for the cost of the car
This would be = 19,725*(1.0475)
= 20,661.9375
There is a Down payment = 2,175
balance would be 20661.9375-2,175 = 18,486.94
average rating interest of new car = 6.30%
So the interest accrued in first month = 18,486.94x0.063/12 = $ 97.1
2. cost = 15867
sales tax = 5.25%
10 percent down payment
5.25/100 = 0.0525
cost of car = 15867 + (15867 * 0.0525)
= 16700 dollars
10% of 16700 dollars
= 1670 dollars
principal balance = 16700 - 1670
= $15,030.02
Read more on interest rate here
brainly.com/question/25793394
Answer:
20y + 5
Step-by-step explanation:
6y + 2 + 3 + 14y
20y + 2 + 3
20y + 5
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PLEASE MARK BRAINLIEST!
Let the number of large bookcases be x and number of small bookcases be y, then
Maximise P = 80x + 50y;
subkect to:
6x + 2y ≤ 24
x, y ≥ 2
The corner points are (2, 2), (2, 6), (3.333, 2)
For (2, 2): P = 80(2) + 50(2) = 160 + 100 = 260
For (2, 6): P = 80(2) + 50(6) = 160 + 300 = 460
For (3.333, 2): P = 80(3.333) + 50(2) = 266.67 + 100 = 366.67
Therefore, for maximum profit, he should produce 2 large bookcases and 6 small bookcases.
