10. A furniture company allows customers to purchase household furnishings with an in-store loan,
pay with cash or a credit card, or Rent-To-Own with a lease agreement.
A customer chooses furniture worth $3,225.00 including tax and chooses to Rent-To-Own.
Rent to Own Furniture Warehouse
• No down payment is required.
• The monthly lease payment is $156.99 for 2 years.
a. Calculate the total cost to own the furniture using the Rent-To-Own option.
b. What the amount of the finance charge on this purchase?
c. What simple interest percentage rate is this finance charge? Recall: = �

Answers

Answer 1

Answer:

a) Cost of rent to own option is = ($156.99/month) ( 2 yrs)( 12 month/yr) = $3767.76

b) The amount of the finance charge is = $3767.76 - $3225.00 = $542.76

c) the simple interest rate can be calculated by this formula

I = Prt, where  

I = total interest value = $542.76

P = is the present worth or original cost including taxes = $3225.00

t = time in yrs = 2  

r = Yearly interest rate, By rearranging the formula:

r = I /Pt, r = ( $542.76 / $3225.00 . 2) ( 100) = 8.415%

Step-by-step explanation:


Related Questions

A shipment of sugar fills 2 4/5 containers. If each container holds 2 3/7 tons of sugar, what is the amount of sugar in the entire shipment?
Write your answer as a mixed number in simplest form.

Answers

Answer:

6 4/5 tons

Step-by-step explanation:

Multiply the number of containers by the amount in each to find the total amount of sugar:

2 4/5 * 2 3/7 = 14/5 * 17/7 = 2*17/5 =34/5 = 6 4/5

Consider U = { 5,10, 15, 20, 25, 30, 35, 40} , A = { 20, 30, 40 } . Find A’

Answers

Answer:

A {5, 10, 15, 20}

Step-by-step explanation:

4(3 × 2) + (8 - 3)^2 - 6^2 + 3 × 9 - 2^3 + 1

Show your work

[Thank you]

Answers

Answer:

33

Step-by-step explanation:

if its in () its the 1th step and then the rest u can continue

1000 Chevrolet times 1000 Lamborghini

Answers

Answer:

1000000 chevginis

Step-by-step explanation:

Answer:

1000000 sports cars (Chevrolet and Lamborghinis)

Step-by-step explanation:

1000x1000

What force would have been applied to the bus from t=16 s to t=21 s? Assume the mass of the bus was 50 kg.

Answers

Applying Newton's Second Law, it is found that the force, in Newtons, is given by:

[tex]F = 10[v(21) - v(16)][/tex]

Newton's Second Law states that Force, in Newtons, is mass times acceleration, that is:

[tex]F = ma[/tex]

In this problem, mass of 50 kg, thus [tex]m = 50[/tex]

Acceleration is change in velocity divided by change in time, that is:

[tex]a = \frac{\Delta_v}{\Delta_t}[/tex]

In this problem, we don't know the velocities, but know that time is from 16s to 21s, thus:

[tex]\Delta_t = 21 - 16 = 5[/tex]

[tex]\Delta_v = v(21) - v(16)[/tex]

Thus, the force is given by:

[tex]F = ma[/tex]

[tex]F = m\frac{\Delta_v}{\Delta_t}[/tex]

[tex]F = 50\frac{[v(21) - v(16)]}{5}[/tex]

[tex]F = 10[v(21) - v(16)][/tex]

A similar problem is given at https://brainly.com/question/18801986

A van travels 300 miles on 15 gallons of gas. Find how many gallons the van needs to travel 360 miles

Answers

Answer:  The Van needs 18 gallons of gas to travel 360 miles.

Help me fast please I am really confused!!!!!!

Answers

Answer:

By the way that the line is facing.

If the chick grows at a rate of 4.8 grams/day and weighs 53.8 grams on day 4, how much did the chick weigh (in grams) the day it hatched?

Answers

Answer:

Step-by-step explanation:

y = 4.8x + C

53.8 = 4.8(4) + C

53.8 = 19.2 + C

C = 34.6

How can data be represented?​

Answers

Data can be represented in tables, charts, and graphs.

In a chart table or graph

Write 3/6/7 in an improper fraction in the lowest term

Answers

Answer:

27/7

the mixed number 3 6/7 can be written as 27/7.

The value of an improper fraction in the lowest term is,

⇒ 27/7

We have to give that,

A mixed fraction is,

⇒ 3 6/7

Now, We can change the fraction into an improper fraction as,

⇒ 3 6/7

⇒ (3×7 + 6)/7

⇒ (21 + 6)/7

⇒ 27/7

Therefore, an improper fraction in the lowest term is,

⇒ 27/7

To learn more about the fraction visit:

https://brainly.com/question/5454147

#SPJ6

help plz i will give brainliest

Answers

Answer:

12

(If needed explanation ask in the comments! ty)

Hope This Helps! •v•

.Triangle ABC is right angled at B,  AB= 8 cm, BC = 15 cm, find AC​

Answers

Answer:

17

Step-by-step explanation:

this is algebra 1 id appreciate it if you could help me thx!

Answers

The answer to the question above is the first one

Use technology to find the line of best fit for the following data.

Answers

Answer:

what following data

Step-by-step explanation:

| 4x-13 | = 5x+4
Solve

Answers

Answer:

x = 1

Step-by-step explanation:

The absolute value always gives a positive value. However, the expression inside can be positive or negative , so

4x - 13 = 5x + 4 ( subtract 4x from both sides )

- 13 = x + 4 ( subtract 4 from both sides )

- 17 = x

OR

- (4x - 13) = 5x + 4 , simplify left side

- 4x + 13 = 5x + 4 ( subtract 5x from both sides )

- 9x + 13 = 4 ( subtract 13 from both sides )

- 9x = - 9 ( divide both sides by - 9 )

x = 1

As a check

Substitute these values into the equation and if both sides are equal then they are solutions.

x = - 17

left side = | 4(- 17) - 13 | = | - 68 - 13 | = | - 81 | = 81

right side = 5(- 17) + 4 = - 85 + 4 = - 81 ≠ 81

Then x = - 17 is an extraneous solution

x = 1

left side = | 4(1) - 13 | = | 4 - 13 | = | - 9 | = 9

right side = 5(1) + 4 = 5 + 4 = 9

Then solution is x = 1

if c^2 is 12 side a^2 is 8 what is side b in a right triangle

Answers

b equals square root 80

Charlie deposited $115 in a savings account. Each week thereafter he deposits $35 into the account. How much total money has Charlie deposited after 30 weeks?

Answers

Answer:

$1165

Step-by-step explanation:

30x35 = 1050

1050+115=1165

Equation: 115+35x

Plug 30 in for x
115+35(30)
115 + 1050
= $1165

There are 35 boys in 6th grade. The number of girls in 6th grade is 40. Emma says that means the ratio of the number of boys in 6th grade to the number of girls in 6th grade is 3:4. Is Emma correct? If not, what is the correct answer? it is the answer

correct ratio
7:8
5:8
8:7

Answers

Answer:

The correct ratio is 7:8, so no, Emma is not correct.

Hello cayleahm253!

[tex] \huge \boxed{\mathbb{QUESTION} \downarrow}[/tex]

There are 35 boys in 6th grade. The number of girls in 6th grade is 40. Emma says that means the ratio of the number of boys in 6th grade to the number of girls in 6th grade is 3:4. Is Emma correct? If not, what is the correct answer?

[tex] \large \boxed{\mathfrak{Answer \: with \: Explanation} \downarrow}[/tex]

Okay, so we can see from the question that there are 35 boys & 40 girls in the 6th grade. So the ratio of boys is to girls will be 35:40.

__________________

Solving...

[tex]35 : 40 \\ = \frac{35}{40} \\ \\ \sf \: Cancel \: out \: 35 \: and \: 40 \: to \: get \: 7 \: and \: 8.\\ \\ = \frac{7}{8} \\ = \huge \boxed{\boxed{\bf \: 7 : 8}}[/tex]

__________________

So, the correct ratio is not 3:4. Instead it's 7:8.

__________________

Hope it'll help you

ucαzz

Please help me with this!

Answers

Answer:

y=2x+3

Step-by-step explanation:

you should see how to get from one number to the next.

I noticed by multiplying an input by 2 then adding 3 I reach my output.

I would use this for each input to find that it would equal my output every time I used the rule

Hugo wants to make a sandwich using wrap or baguette cheese or turkey mayonnaise or ketchup , list all the possible types of sandwiches he Hugo could make

Answers

Answer:

What subject is this

Step-by-step explanation:

1 escribe el numero entero asociado a cada situacion a) 10 metros bajo el nivel del mar b)perdio 5000 pesos c)40° bajo cero d)gana 2000 pesos | porfaa es para 1 hora

Answers

Answer:

a) - 10m

b) - $5000

c) - 40°

d) + $2000

Step-by-step explanation:

I hope this help you

Write the equation of the line that passes through the points (−3,9) and (1,−6).

Answers

Answer:

y=-3.75x-2.25

Step-by-step explanation:

Step 1: Find the slope (m) using the Slope Formula, Y2-Y1/X2-X1

(-6)-(9)/(1)-(-3) = -15/4 = -3.75

Step 2: Find the Y-intercept (b) using the Slope Intercept Formula, y=mx+b

9=-3.75*(-3)+b

9=11.25+b

b=9-11.25

b=-2.25

Step 3: Plug in your slope (m) and Y-intercept (b) values into the Slope Intercept Formula, y=mx+b

y=-3.75x-2.25

Step 4: Plug your X values into the formula, you should get your Y values after solving

y=-3.75(-3)-2.25=11.25-2.25=9 (-3, 9)

y=-3.75(1)-2.25=-3.75-2.25=-6 (1, -6)

the probability distribution of all possible values of the sample proportion is the

Answers

Answer: The sampling distribution of p is the probability distribution of all possible values of the sample proportion p.

see screenshot below/above

Answers

Answer:

x-int: (-2,0)

y-int: (0,1.333)

Step-by-step explanation:

AM I RIGHT PLEASE HELP!!!
Calculate the slope of a line that passes through the points (6, -12) and (15,-3).

Answers

Answer:

slope = 1

Step-by-step explanation:

Calculate the slope m using the slope formula

m = [tex]\frac{y_{2}-y_{1} }{x_{2}-x_{1} }[/tex]

with (x₁, y₁ ) = (6, - 12 ) and (x₂, y₂ ) = (15, - 3 )

m = [tex]\frac{-3-(-12)}{15-6}[/tex] = [tex]\frac{-3+12}{9}[/tex] = [tex]\frac{9}{9}[/tex] = 1

The length of a side of a square is given by the expression 2x + 1, and its perimeter is 56.

[I have the equation, 4(2x + 1) = 56 down but I want to make sure that x actually equals 6.5]

Answers

Answer:

Step-by-step explanation:in the picture

Answer:x=[tex]\frac{13}{2}[/tex] or x= 6.5 either way x equals to the number 6.5 .

Step-by-step explanation:The image below will explain how you solve the problem also thanks for the person above me for the idea of answering this question.

HOPE THIS HELPS

:)

Also website as seen in the photo is symbolab

How many solutions does this equation have?
9p + 5 = 5 + 9p

Answers

Answer:

Infinite solutions

Step-by-step explanation:

9p + 5 = 5 + 9p

Since both sides are equal, therefore the equation has infinite solutions

(5.3 x 10⁻³) + (6.8 x 10⁻¹)

Answers

Answer:

Step-by-step explanation:

by which rules are these triangles congruent?

A. AAS
B. ASA
C. SAS
D. SSS

Answers

[tex]▪▪▪▪▪▪▪▪▪▪▪▪▪  {\huge\mathfrak{Answer}}▪▪▪▪▪▪▪▪▪▪▪▪▪▪[/tex]

The criteria used to prove the given triangles congruent is :

AAS

Choose the algebraic expression that matches the phrase below.
h increased by 5​

Answers

Answer:

h + 5

Step-by-step explanation:

increased = add so yeah...

Other Questions
As a part of raising funds for an orphanage,you received $120.50 and wanted to split the money into groups of food items; clothes and story books .a)If you want the same amount for each group, how much money will you put into each group?b)Imagine if you want to save same amount of the money for stationary items, then how will you split the money into various groups?Justifyc)If you receive an extra money of $9.50 from people, then how much will be saved for each group?(Include all the groups) order the numbers from least to greatest which statement is an evaluation of mortimers writing style? Answer fast please!!!! Block A is made of copper, which has a specific heat value of 0.385 J/g*C.Block B is made of aluminum, which has a specific heat value of 0.900J/g*C. Both blocks have a mass of 100 grams. If you are trying to heat theblocks to a temperature of 200 C, which block will need to absorb moreenergy?o Block A (copper) because it has a lower specific heat value.o Block B (aluminum) because it has a higher specific heat value.o Block A (copper) because it has a higher specific heat value.o Block B (aluminum) because it has a lower specific heat value. x - 5 = -6Which solution makes this equation true?1. -122. -2 What is the approximate value of the number below rounded to thenearest tenths.37144 30 POINTS easy questionFind the measure of the exterior angleThe measure of the exterior angle of the triangle is angle of the triangle is . Find the missing side of each triangle. Round your answers to the nearest tenth if necessary. (Please Show) Help meeeeee ???????? Group alerting refers to starting lessons on time, keeping lessons moving, and making appropriat transitions during the lesson: A)TrueB)False Can you answer? If you know the language........... it's mandarin .... Write an equation of the line that passes through (0,4) and (0,-3). work out the surface area of this cylinder 8cm diameter16.8cm height shield volcanoes have low slopes primarily because Which equation represents a proportional relationship?A) y=5B) x=3C) y=2x+3D) y=1/4x A rancher feeds one of her horses 6 scoops of corn each day during the winter. She feeds the horse half as much corn during the summer. How much corn does the rancher feed the horse each day in the summer? Ms. Dirr is selling her car to her sister. The original price of the car was $24,179 andeach year the car decreasing (goes down) by $3000. Write a function rule where C =value of the car and y = number of yearsO C = 3000 - 24179yO C = 24179 - 3000yO C = 3000 + 24179yOC - 24179 + 3000y andrew jackson and his supporters won the election in 1828 in part by: Help! What can we do to kill off the zombies?? The scientists realize that salt kills the zombies, if enough is poured on them (one full can). The reaction between the salt and zombie blood causes the zombie to disintegrate. Morton's salt has a plant in Tooele county just west of Grantsville, and can distribute cans of salt to people residing in Utah. If Morton's salt can distribute 300,000 cans of salt each day, write an equation to model the number of cans of salt distributed after n days.Question 4 options:f(n)=300,000nf(n)=300,000+nf(n)=300,000nf(n)=300,000n/n