Mathematics, 20.09.2020 16:01, mayavue99251
Esteban bought a new stove for $986 on his credit card. He used the stove for eleven years before replacing it. The stove cost him an average of $0.14 per day in electricity. Esteban had preventive maintenance done on the stove, costing $24.25 each year for the eleven years. Esteban’s credit card has an APR of 9.26%, compounded monthly. He paid off his balance by making identical monthly payments for five years. Sales tax in Esteban’s area is 8.22%. Assuming that Esteban made no other purchases or payments with his credit card, what was the lifetime total cost of the stove? (Assume that two of the years Esteban had the stove were leap years, and round all dollar values to the nearest cent.) a. $2,534.57 b. $2,166.53 c. $2,234.23 d. $2,064.53
Answers: 3
Mathematics, 21.06.2019 16:30, alexcuevaz90
Why do interests rates on loans to be lower in a weak economy than in a strong one
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Mathematics, 21.06.2019 21:50, zymikaa00
Scores on a university exam are normally distributed with a mean of 78 and a standard deviation of 8. the professor teaching the class declares that a score of 70 or higher is required for a grade of at least “c.” using the 68-95-99.7 rule, what percentage of students failed to earn a grade of at least “c”?
Answers: 1
Esteban bought a new stove for $986 on his credit card. He used the stove for eleven years before re...
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