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GrogVix
10 days ago
5

John Simone is buying a used car for a total cost of $11,805.00. He’s making a down payment of $1,500.00 and borrowing the remai

nder. If he makes monthly payments of $343.00 for three years, what APR has he paid?
Mathematics
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An arena receives $1,700 per event for 12 concerts. If the costs for this sponsorship total $14,000, what is the profit margin f
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Answer:

The profit margin associated with the concert sponsorship is 31.3725 %

Step-by-step explanation:

The arena earns $1700 for a single event

Consequently, for 12 events, the arena gains 12 \times 1700

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