You want to buy a new car. You can afford payments of $300 per month and can borrow the money at an interest rate of 5.2% compounded monthly for 5 years.

$367.17

Step-by-step explanation:

we are find the cost of the car after 5 years

Using the compound interest formula;

A = P(1+r/n)^nt

Given

Principal P = $300

rate r = 5.2% = 0.052

Time t = 5years

Time of compounding n = 1/12 (monthly)

Substitute into the formula

A = 300(1+0.052(12))^5(1/12)

A = 300(1+0.624)^0.4167

A = 300(1.624)^0.4167

A = 300(1.2239)

A = 367.17

hence the amount of the car after 5years is $367.17

an advantage of the standard deviation is that it increases as the dispersion of the data increases. e. the interquartile range is preferred when the data are not skewed or no have outliers. an advantage of the standard deviation is that it uses all the observations in its computation.

step-by-step explanation:

a child is 12 years old, and his father is 32 years older. in how many years will the age of the father be 2 times the age of the child?

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this needs to be the answer format, or else your answer is incomplete.

if the number of years is x, then the equation is

in __ years