Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers different from those presented here. For long-term loans, the differences may be pronounced. To buy a car, you borrow $28,000 with a term of five years at an APR of 5%. What is your monthly payment? (Round your answer to the nearest cent.)
$

How much total interest is paid? (Round your answer to the nearest cent.)
$

9514 1404 393

Step-by-step explanation:

The monthly payment is given by the amortization formula:

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

where the annual interest rate is r for t years on loan value P.

Filling in the given information, we find the monthly payment to be ...

  A = $28000(0.05/12)/(1 -(1 +0.05/12)^(-12·5)) ≈ $528.39

The monthly payment is $528.39.

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The total amount repaid is ...

  ($528.39/mo)(60 mo) = $31,703.40

The interest paid is the difference between this and the loan amount:

  interest paid = $31,703.40 -28,000 = $3,703.40

The total interest paid is $3,703.40.

intensity of the vector is v= √37 ≈ 6.08 units and make angle ∡α ≈ 9.46° with east direction

step-by-step explanation:

required vector is consists of the two componentsvx= 2+4=6 units   and vy= 1 unit and vx ⊥ vywe will use pythagorian theorem to find intensity of the vector vv∧2 = vx∧2 + vy∧2 => v = √vx∧2 + vy∧2 = √6∧2 + 1∧2 = √36+1 = √37 ≈ 6.08 unitsthe angle ∡α between vector and east direction we wil find with tanαtanα = 1/6 => α = arc tanα = arc 1/6 => α ≈ 9.46°

hope this

all the angles opposite to the angle 150 would be 150 and all the angles that are next to 150 are 30 because they equal 180 it you add it up.

step-by-step explanation: