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Mars2501
3 months ago
15

6. Using the Loan Calculator and the 1.9% APR offer, how much will Molly’s monthly payment be?

Social Studies
1 answer:
Mashutka [1.5K]3 months ago
8 0

Answer:

The full question is as follows:

Molly noticed a deal on the Jeep website and wants to figure out her monthly payments... If Molly has saved a down payment of $2500 for this purchase, on the assumption that the $1500 Cash Allowance applies... Utilize the loan calculator to find out what Molly's monthly payment will be?

It's important to note that the cash price as displayed in the attachment is $25,495

Repayment is for a duration of 84 months

Molly's monthly payment amounts to $273.49

Explanation:

The financing amount is the car price minus the cash allowance and the down payment.

The financing total is $25,495 - $1,500 - $2,500 = $21,495.00

To find the monthly payment, the Excel PMT formula applies

=pmt(rate,nper,-pv,fv)

Rate is calculated per month, which is 1.9%/12 = 0.001583333

nper is 84 months

pv refers to the financing amount which is $21,495.00

fv is the total repayment amount, which remains unknown

=pmt(0.001583333 ,84,-21,495,0)=$273.49

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An election system in which the entire state, or a region of the state, selects several representatives and the top vote-getters
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1 month ago
"Don’t let someone else define the boundaries of your civic imagination." Explain and react to this statement.
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Response:

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Additionally, civic imagination involves picturing the change process, viewing oneself as an active civic participant capable of making a difference, relating to others with different viewpoints and experiences, uniting into a larger collective with common goals, and infusing imaginative aspects into real-world environments.

Inquiry into civic imagination examines how cultural portrayals influence political outcomes and the foundational aspects of political engagement. This definition unifies ideas from multiple interpretations of public imagination, political imagination, radical imagination, pragmatic imagination, creative insurgency, or public fantasy.

At times, civic imagination is based on perceptions of how the system functions, yet we adopt a broader perspective emphasizing the ability to envisage alternatives, even if they draw on fantasy. Too frequently, concentrating on present issues limits our ability to envision beyond immediate limitations.

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What kind of evidence does the passage include to support this claim? Check all that apply. a firsthand account a quote from an
OLga [1687]

Complete Question:

Read the paragraph.

Car accidents are the top cause of fatalities among teens, prompting many to advocate increasing the legal driving age to eighteen. The National Highway Safety Administration reports that the crash rates, both fatal and non-fatal, for sixteen-year-old drivers are nearly ten times higher than those for drivers aged thirty to fifty-nine when measured per mile driven. While it is acknowledged that raising the driving age will present challenges for many, these challenges are minor compared to the safety concerns involved. "Ultimately, when we analyze the research, increasing the legal driving age saves lives," states Adrian Lund, president of the Insurance Institute for Highway Safety, which is an organization funded by the auto insurance sector. So far, New Jersey has been the only state to raise the legal driving age to seventeen, and studies indicate that the rate of teen fatalities related to car accidents is consistently lower than in adjoining states.

A student is researching supporting evidence for the claim below.

Some individuals argue that raising the legal driving age to eighteen in the United States would lead to numerous societal problems, yet the advantages of such a change greatly outweigh the possible drawbacks.

<pWhat types of evidence does the passage present to endorse this assertion? Check all that apply.

A. a firsthand account

B. a quote from an expert

C. facts and statistics

D. a personal feeling

E. relevant examples

Correct Option:

The types of evidence found in the passage that support this assertion include:

B. A quote from an expert.

C. Facts and statistics.

E. Relevant examples.

Explanation:

This section contains all three forms of evidence. First, it features an expert's quotation, highlighting comments made by Adrian Lund regarding raising the driving age.

Secondly, it supplies factual data, referencing statistics from the National Highway Safety Administration. Lastly, it offers a specific example with New Jersey's situation, which is the sole state that has raised the driving age to 17.

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