19.02.2021

Don and Linda would like to replace the hardwood flooring in their dining room. The flooring sells for $15.75 a square foot installed. The room size is 15 feet wide by 22 feet long. They can make a 20% down payment but will need to finance the rest at 12% for 42 months a. What is the down payment?
b. What is the amount financed?
c. What is the monthly payment?
d. What is the total finance charge?

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Step-by-step answer

09.07.2023, solved by verified expert
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a)  Down payment = $1039.50

b) Amount financed = $4158

c) Monthly payment =  $121.73

d) Total finance charge = $5112.66

Step-by-step explanation:

Area of rectangle = width × length

⇒ area of room = 15 × 22 = 330 ft²

Given:

cost of flooring = $15.75 per ft²

⇒ Total cost of flooring = area × cost = 330 × 15.75 = $5197.50

a)  Down payment = 20% of $5197.50

                              = 0.2 × 5197.50

                              = $1039.50

b) Amount financed = total cost - down payment

                                 = 5197.50 - 1039.50

                                 = $4158

c) Monthly payment = Don and Linda would like to replace the hardwood, №18010329, 19.02.2021 13:33=  $121.73

d) Total finance charge = monthly payment × number of months

                                       = 121.73 × 42

                                       = $5112.66

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Mathematics
Step-by-step answer
P Answered by Master

a)  Down payment = $1039.50

b) Amount financed = $4158

c) Monthly payment =  $121.73

d) Total finance charge = $5112.66

Step-by-step explanation:

Area of rectangle = width × length

⇒ area of room = 15 × 22 = 330 ft²

Given:

cost of flooring = $15.75 per ft²

⇒ Total cost of flooring = area × cost = 330 × 15.75 = $5197.50

a)  Down payment = 20% of $5197.50

                              = 0.2 × 5197.50

                              = $1039.50

b) Amount financed = total cost - down payment

                                 = 5197.50 - 1039.50

                                 = $4158

c) Monthly payment = \dfrac{4158 \cdot \frac{0.12}{12}(1+\frac{0.12}{12})^{42}}{(1+\frac{0.12}{12})^{42}-1}=  $121.73

d) Total finance charge = monthly payment × number of months

                                       = 121.73 × 42

                                       = $5112.66

Mathematics
Step-by-step answer
P Answered by PhD
Answer: 440 grams for 1.54 is the better value
Explanation:
Take the price and divide by the number of grams
1.54 / 440 =0.0035 per gram
1.26 / 340 =0.003705882 per gram
0.0035 per gram < 0.003705882 per gram
Mathematics
Step-by-step answer
P Answered by PhD

The answer is in the image 

The answer is in the image 
Mathematics
Step-by-step answer
P Answered by PhD

F=ma

where F=force

m=mass

a=acceleration

Here,

F=4300

a=3.3m/s2

m=F/a

    =4300/3.3

    =1303.03kg

Mathematics
Step-by-step answer
P Answered by PhD

F=ma

where F=force

m=mass

a=acceleration

Here,

F=4300

a=3.3m/s2

m=F/a

    =4300/3.3

    =1303.03kg

Approximately it is aqual to 1300kg

Mathematics
Step-by-step answer
P Answered by PhD

Salesperson will make 6% of 1800

=(6/100)*1800

=108

Salesperson will make $108 in $1800 sales

Mathematics
Step-by-step answer
P Answered by PhD

Here,

tip=18%of $32

tip=(18/100)*32

=0.18*32

=$5.76

Total payment=32+5.76=$37.76

Mathematics
Step-by-step answer
P Answered by PhD

Speed=Distance/time

Here,

distance=15m

time=1sec

speed=15/1=15m/sec

Distance=Speed*time

time=15min=15*60sec=900sec

Distance travelled in 15 min=15*900=13,500m

=13500/1000 km=13.5Km

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