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
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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

For 1 flavor there are 9 topping

Therefore, for 5 different flavors there will be 5*9 choices

No of choices= 5*9

=45 

Mathematics
Step-by-step answer
P Answered by PhD

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

Mathematics
Step-by-step answer
P Answered by PhD

Let the father's age be x and son's be y

10 years before-

Father age=x-10

sons age=y-10

Given,

x-10=10(y-10)

x-10=10y-100

Given present age of father=40

therefore,

x=40

40-10=10y-100

10y-100=30

10y=130

y=130/10

y=13

Therefore present age of son=13years

Mathematics
Step-by-step answer
P Answered by PhD

The solution is given below

The solution is given below
Mathematics
Step-by-step answer
P Answered by PhD

We can put the numbers in ascending order-

36, 38, 39, 39, 40, 47, 48, 51

Range=max-min

          =51-36

          =15

Mathematics
Step-by-step answer
P Answered by PhD

(​1 or 7) ; number of possible outcome = 2

(a, e,​ i, o, or​ u) ; number of possible outcome = 5

So,

Number of possible outcomes = 2 x 5

Number of possible outcome =10

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