You have just graduated from college and purchased a car for $8000. Your credit limit is $20,000. Assume that you make no payments and purchase nothing more and that there are no other fees. The monthly interest rate is 12%. Find the y-intercept for the exponential function which represents how much you will owe (represented by y) after x months with no more purchases or payments.
A. (0, 20000)
B. (8000, 0)
C. (0, 8000)
D. (20000, 0)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You have just graduated from college and purchased a car for $8000. Your credit limit is $20,000. Assume that you make no payments and ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In a school poetry contest, 4 out of the 12 students who entered will wins small prize. Half of the remaining students receive a certificate. How many students get certificate?
Answers (2)
Find the largest positive integer that will divide 398,436 and 542 leaving remainders 7,11 and 15 respectively
Answers (1)
If the Statue of Liberty were 325 feet taller, it would be just as tall as Gateway Arch in St. Louis. The height of the Statue of Liberty is less than 10 feet less than the height of the Gateway Arch. How tall is each one of these structure
Answers (1)
A museum groundskeeper is creating a semicircular statuary garden with a diameter of 36 feet. There will be a fence around the garden. The fencing costs $8.50 per linear foot.
Answers (1)
Find the quotation 81 : 10,000
Answers (2)
New Questions in Mathematics
What is the value of x in the equation 8 + 4 = 2 (x - 1) ? 13/2 Oь 11/2 О с 7 ed 5
Answers (1)
Answer the questions below based on a bag of Jolly Ranchers having the following number of each flavor: 23 grape 32 blue raspberry 28 cherry 19 apple 20 watermelon Part A What is the probability of reaching into the bag and choosing a grape
Answers (1)
If there is 12 inches in a foot how many inches are in 7 feet
Answers (2)
What is 1 4/5 as a decimal
Answers (2)
A shirt is 180 dollars but it originally costs 200 what percent change is that
No Answers