Jim qualifies for $0 down payment but makes a $2,500 down payment on his car purchases anyway. Will this payment help or hurt him

Answers

Answer 1

Answer:

help him

Step-by-step explanation:

Answer 2

Paying a $2,500 down payment on an automobile would normally benefit Jim. He reduces the total amount of the loan for the vehicle he will need to take out by making a down payment, which reduces the cost of his monthly payments and the amount of interest he will have to pay over the life of the loan. Furthermore, having a down payment increases his chances of getting approved for a loan or receiving a cheaper interest rate.

What is Down payment?

A down payment is an upfront cash payment made when purchasing a significant ticket item like a car or a house. The down payment is often a proportion of the total cost of ownership and is made in order to lower the amount of financing required. Lower monthly payments or a shorter loan term are sometimes the outcome of a higher down payment.

A down payment is an initial up-front payment in part for the purchase of a large item or service, such as a car or a house. It is normally paid in cash or in the form of an equivalent at the time the transaction is completed. The balance of the payment is then financed by a loan of some kind.

Therefore, paying a $2,500 down payment on an automobile would normally benefit Jim.

Learn more about Down payment, here:

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Related Questions

PLEASE HURRY THIS IS DUE IN 20MIN


The Green River Freeway has a minimum and a maximum speed limit. Tony drove for 4 hours at the minimum speed limit and 7 hours at the maximum limit, a distance of 710 miles. Rae drove 4 hours at the minimum speed limit and 6 hours at the maximum limit, a distance of 640 miles SOLVE USING elimination

Answers

This is not my answer I found it from another brainly

From the beginning we know we are dealing with two different rates. Distance is equal to (Speed X Time). We have two different speeds though. We will call the min speed = x and the max speed = y. With those two ideas in place we can make two equations for both Tony and Rae.

Tony:

2x+3.5y=355

Rae:

2x+3y=320

Now you can solve the equations by subtracting Rae's equation from Tony's

.5y=35 solve for y and you get 70

Now plug that y value back into either equation and you can solve for x. I'll use Rae's distance:

2x+3(70)=320

x=55

Obtain the truth value of

(i)
If 5 + 6 = 11, then 11 – 6 = 5.

(ii)
If 5 + 8 = 12, then 12 + 8 = 20.

(iii)
If 6 + 9 = 14, then 14 – 7 = 8

(iv)
If 7 + 8 = 15, then 8 – 7 = 2

Answers

I want to say the answer is (i)

The value of 8 units is 11. What is the value of 1 unit?

Answers

I was stuck on this too now I know, the volume of it 1 3/8

Parker ran 100 meters, 6 kilometers, and 4,000 centimeters. How many meters did he run all together

Answers

Answer:

4,106

Step-by-step explanation:

you jus add all the numbers up.

x
What are the perimeter and area
of a square with side length of 12 in.?
A. P= 24 in., A = 24 in.?
B. P= 144 in., A = 48 in.2
O
C. P = 24 in., A = 144 in.2
O
D. P= 48 in., A = 144 in.2

Answers

Answer: P = 48 in, A = 144 in.2

Step-by-step explanation: Since a square has equal sides and we know one side length is 12 inches, then all the sides are 12 inches. For perimeter, we add all sides, which would equal 48 and for area, we multiply 2 of the sides, which would be 144.

Simplify 42 ⋅ 48.
Please help with this!

Answers

Answer:

Step-by-step explanation:

a^x. a^y=a^{x+y}

4²*4^8=4^{10}

Answer:

4 to the power of 10

Step-by-step explanation:

(2/5)^3=

anybody help???

Answers

Answer:

8/ 125

Step-by-step explanation:

8/ 125

Answer:

8/125

Step-by-step explanation:

I think. you can use the app photo math

A car rental company is interested in the amount of time its vehicles are out of operation for repair work. A random sample of 21 cars showed that, over the past year, the numbers of days that each of these cars had been inoperative were as follows: 15, 11, 19, 24, 6, 18, 20, 15, 18, 12, 14, 19, 5, 21, 12, 11, 8, 10, 7, 2, 14 Assuming that the population is normally distributed, construct a 95% confidence interval for the mean number of days that vehicles in the company's fleet are out of operation.

Answers

Answer:

(10.891; 15.869)

Step-by-step explanation:

Given the data::

15, 11, 19, 24, 6, 18, 20, 15, 18, 12, 14, 19, 5, 21, 12, 11, 8, 10, 7, 2, 14

The confidence interval is obtained using the relation :

Mean ± margin of error

Margin of Error = Zcritical * s/sqrt(n)

Using a calculator, the mean value of the data and standard deviation above is :

Mean = Σx / n ; n = sample size

Mean, xbar = 281 / 21

Mean = 13.38

Standard deviation , s = sqrt[Σ(X - xbar)²/ n-1]

Standard deviation, s = 5.82

Margin of Error = Zcritical * s/sqrt(n)

Zcritical at 95% confidence level = 1.96

Margin of Error = 1.96 * 5.82/sqrt(21) = 2.489

Confidence interval :

Mean ± margin of error

13.38 ± 2.489

Lower boundary = (13.38 - 2.489) = 10.891

Upper boundary = (13.38 + 2.489) = 15.869

(10.891; 15.869)

If g(x) = 2 | x| − 1, what is g(−2.3)?

a.-7
b.-5
c.-4
d.-3

Answers

Answer:

-7

Step-by-step explanation:

Can someone tell me how to do this and give me the answer please

Answers

Answer:

C. 94 Supplementary angles

Step-by-step explanation:

if QS= 13 and RS= 12 what is the length of QR

Answers

Right. It is D. Cause RS would be 6 because you would put half. Then round QS= 13. You will find your answer then.

I need help ! We are doing log lines

Answers

Answer:

exponent

Step-by-step explanation:

To get log2(4)=2

so 2 to the power of 2 is 4

4 is the number between brackets in log

another example

log2(8)=3

2 to the power of 3 is 8

The hypotenuse of a right triangle is 12.4 ft. One of the other two sides is 5.8 ft How
long is the third side?

Answers

Use Pythagorean theorem
a^2 + b^2 = c^2
Hypothenuse = 12.4
Let’s assume a = 5.8
Plug into the equation
5.8^2 + b^2 = 12.4^2
33.64 + b^2 = 153.76
b^2 = 120.12
b = square root of 120.12
10.9599270071 (calculator used)

Solution: around 11 ft

I need help Asap please

Answers

9514 1404 393

Answer:

  c

Step-by-step explanation:

Choice A lists most of them, but choice C lists them all.

__

Vertical angles are on opposite sides of the intersection of crossing lines. They share a vertex, and have sides that are opposite rays.

A survey of 340 randomly chosen US adults found that 60% of the 150 men and 50% of the 190 women ran a five-kilometer race during the past month. Do these data provide statistical evidence at the α = 0.05 level that women are less likely than men to run a five-kilometer race? Be sure to state the parameter, check conditions, perform calculations, and make conclusion(s). (10 points)

Answers

Answer:

The p-value is less than the significance level, so we will reject the null hypothesis, and conclude that at 5% significance level, the proportion for women that ran 5 km is more than the proportion of male that ran the 5 km. Thus, women are more likely to run the 5 km race.

Step-by-step explanation:

We are given;

Number of males selected; n₁ = 150

Number of females selected; n₂ = 190

Proportion of the males; p₁ = 0.6

Proportion of females; p₂ = 0.5

Let's define the hypotheses;

Null hypothesis; H0: p₁ ≥ p₂

Alternative hypothesis; Ha: p₁ < p₂

Now, the z score formula for this is;

z = (p₁ - p₂)/√(p^(1 - p^))(1/n₁ + 1/n₂))

Where;

p^ = (p₁ + p₂)/2

p^ = (0.6 + 0.5)/2

p^ = 0.55

Thus;

z = (0.6 - 0.5)/√(0.55(1 - 0.55))((1/150) + (1/190))

z = 0.1/0.0543

z = 1.84

From online p-value from z-score calculator attached, using z = 1.84, significance level = 0.05, one tailed hypothesis, we have;

P-value = 0.033

The p-value is less than the significance level, so we will reject the null hypothesis, and conclude that at 5% significance level, the proportion for women that ran 5 km is more than the proportion of male that ran the 5 km. Thus, women are more likely to run the 5 km race.

Although if we check at 0.01 significance level, we will not have the same answer as the p-value will be greater.

What are the roots of the equation?
x2 + x - 6 = 0

Answers

x2+x-6=0

Your answer:
x = 2, -3

If a bakery produces 1,215 cupcakes during a 9 hour shift, what is the production rate of cupcakes per hour?​

Answers

Answer:

135

Step-by-step explanation:

Answer:

135 cupcakes

Step-by-step explanation:

You would do 1,215 divided by 9 to get your answer. So the answer would be 135 cupcakes.

Try Again
The price of an item has been reduced by 70%. The original price was $49.
Use the ALEKS calculator to find the price of the item now.
s

Answers

Answer:

$34.30

Step-by-step explanation:

Use the equation:

F=P(r)

F=final price

P=principal (starting) amount

r=rate, normally a percent and has to be converted to a decimal

**Since this problem asks us to go down, there is no 1+r. That's when it gives us the final price and asks us to find the original.

Plug in the values: F = 49(.7)

F=$34.30 (don't forget the $ sign)

Cylinder A has radius r and height h as shown in the diagram. Cylinder B has radius 2r and height 2h. How many times greater is the surface area of Cylinder B than the surface area of Cylinder A?
I will ONLY give you a brainliest of you answer this questions CORRECTLY!

Answers

Answer:

Therefore, Cylinder B's surface area is four times greater than Cylinder A's surface area.

Step-by-step explanation:

Surface area of a cylinder = 2πrh+2πr² = 2π(rh+r²)

Cylinder A = 2π(rh+r²)

Cylinder B = 2π((2r)(2h)+(2r)²) = 2π(4rh+4r²)=2π(4(rh+r²))

To find how many times greater Cylinder B's surface area is than Cylinder A's surface area, divide:

[tex]\frac{Cylinder B}{Cylinder A}[/tex]

=2π(4(rh+r²))/2π(rh+r²)

(divide top and bottom by 2π)

=4(rh+r²)/(rh+r²)

(divide top and bottom by (rh+r²))

=4

Therefore, Cylinder B's surface area is four times greater than Cylinder A's surface area.

Geometry please help!!!!!

Answers

I going with A hope that helps

What would you multiply by to find 80% of an amount

Answers

Answer:

× [tex]\frac{80}{100}[/tex]

Step-by-step explanation:

For example-  

80% of 400 (working in the attachment)

HOPE IT HELPS

Am I correct? I put

Answers

Answer:

yes

Step-by-step explanation:

A jacket was originally $284. It is discounted 20%, but doesn’t sell, so it is discounted again by 20% off the sale price. Finally, after sitting in the store for 6 months, it is marked as clearance, at 50% of the lowest sale price. What is the clearance price of the jacket?

Answers

113.60




that’s the answerrrr

40 POINTS !! 40 POINTS !!

PLEASE HELP , DONT SKIP !

NO LINKS OR FILES.

Answers

Answer:

??????

Step-by-step explanation:

Answer:

wow this is not 40 points there u get no help

Step-by-step explanation:

What is sin ?
What is a cos?

Answers

Answer:

Cos: adjacent / hypotenuse

In a right angled triangle, the cosine of an angle is: The length of the adjacent side divided by the length of the hypotenuse. The abbreviation is cos. cos(θ) = adjacent / hypotenuse. Well Done!

Sin: In mathematics, the sine is a trigonometric function of an angle. The sine of an acute angle is defined in the context of a right triangle: for the specified angle, it is the ratio of the length of the side that is opposite that angle, to the length of the longest side of the triangle.

hope this helps out, if not, i'm sorry

Step-by-step explanation:

Answer:

Sin=O/H

Cos=A/H

Step-by-step explanation:

Sin in full is some, a trigonometric ratio calculated by dividing the opposite over the hypotenuse.

Cos is in full cosine , also a trigonometric ratio calculated by dividing the adjacent over the hypotenuse.


Ben ran 2/3 of a mile and walked 5/12 of a mile. How much farther did Ben run than walk?

Answers

Answer:

1.016 of a mile.

Step-by-step explanation:

Can someone please help me?

Answers

9514 1404 393

Answer:

  C.  0.25, 1, 2, 4.75

Step-by-step explanation:

The solutions are the x-values of the points where the curves intersect. There are 4 intersection points to the right of the y-axis. Choice C is the only one with four (4) positive values for x.

54v–42w.
Write your answer as a product with a whole number greater than 1

Answers

9514 1404 393

Answer:

  6(9v -7w)

Step-by-step explanation:

The greatest common factor of the two terms is 6. Any factor of 6 can be brought outside parentheses:

  54v -42w = 2(27v -21w) = 3(18v -14w) = 6(9v -7w)

Please help me
This is analytic geometry

Answers

Answer:

The coordinates of point B are (-3,-3).

Step-by-step explanation:

Let [tex]A(x,y) = (6,-6)[/tex], [tex]C(x,y) = (-6,-2)[/tex] and [tex]\overrightarrow{AB} = \frac{3}{4}\cdot \overrightarrow{AC}[/tex], then we have the following formula by vectorial definition of a line segment:

[tex]\overrightarrow{AB} = \frac{3}{4}\cdot \overrightarrow{AC}[/tex]

[tex]B(x,y) -A(x,y) = \frac{3}{4}\cdot [C(x,y)-A(x,y)][/tex]

[tex]B(x,y) = \frac{3}{4}\cdot C(x,y) +\frac{1}{4}\cdot A(x,y)[/tex]

[tex]B(x,y) = \frac{3}{4}\cdot (-6,-2)+\frac{1}{4}\cdot (6,-6)[/tex]

[tex]B(x,y) = (-3, -3)[/tex]

What is 5 3/4 -1 5/12= ?

Answers

Answer:

4.33333333333 or 4 and 1/3

Step-by-step explanation:

Answer:

4 1/3

Step-by-step explanation:

1) Convert 5 3/4 to improper fraction.

2) Simplify 5x4 to 20.

3) Simplify 20+3 to 23.

4) Convert 1 5/12 to an improper fraction.

5) Simplify 1x12 to 12.

6) Simplify 12+5 to 17.

7) Find the least common denominator of 23/4 & 17/12.

8) Make the denominators the same.

9) Join the denominators.

10) Simplify 52/12 ( 4 1/3 )

Hope this helped!

​  

.

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