Question

A car model comes in a base configuration, but you can pay for several add-ons: 5 other choices for car color, 3 other choices for engine size, and optional leather seats. (a) If you decide to pay for all 3 add-ons then how many different ways can you configure your new car? (b) You only have enough money to pay for a single add-on. How many ways can you configure your new car? (c) You skip eating out for a year to pay for another add-on. How many ways can you configure your new car with two add-ons?

Answer #1

Question 7
A particular car can come with any of the following (5)
additional features: sunroof, stereo, tinted windows, leather seats
and cruise control. What is the number of different combinations
possible?
______________________
Question 8
In how many different ways can we arrange the 5 letters in the
word "study"?
_______________________
Question 9
Compute the number of ways you can select n elements from N
elements if n=2 and N=5.
______________________
Question 10
Compute the number of ways you can...

Imagine visiting overseas, where you win the local lottery and
can buy any foreign car you wish and will pay full retail price
using the local currency, payable in three months. You have
determined that you have enough cash at your bank in New York City,
which pays 0.35 percent interest per month, compounding monthly, to
pay for the car. There are two ways to pay for your car:
Keep the funds at your bank in the United States and...

You decide that you must have a new car immediately. The best
loan terms you can get are 5 years, 6% APR with monthly payments
and compounding. If you buy a $25,000 car, how much more would your
monthly payments be if you pay at the end of each month rather than
the beginning?

After graduation, you decide that you can pay $203.24 per month
extra on your student loan (standard monthly payment is 302.99),
which has a balance of $50,000 and 20 years of monthly payments
remaining. The annual interest rate on the loan is 4% How many
years early will you be able to pay off the loan?

You want to buy a new car, but you can make an initial payment
of only $1,600 and can afford monthly payments of at most $750.
a. If the APR on auto loans is 12% and you
finance the purchase over 48 months, what is the maximum price you
can pay for the car? (Do not round intermediate
calculations. Round your answer to 2 decimal places.)
Maximum Price =
b. How much can you afford if you finance the
purchase...

After graduation, you decide that you can pay $202.89 per month
extra on your student loan (standard monthly
payment is 302.85), which has a balance of $60,000 and 20 years of
monthly payments remaining. The annual interest rate on the loan is
4.4% How many years early will you be able to pay off the loan?
please solve using excel

You are looking to get car insurance, with maximum coverage of
128 thousand USD. Let's model the probability of losses over the
year as a discrete distribution, as follows:
1 K: 10%
5 K: 2%
10 K: 1%
50 K: 0.5%
128 K: 0.1%
If you decide to self-insure up to $563 of loss (in other words,
take a deductible of $563), how much less will you have to pay for
your policy?
Hint: find the probability of a loss...

Aftergraduation, you decide that you can pay $203.24 per month
extraon your student loan (standard monthly payment is 302.99),
which has a balance of $50,000 and 20 years of monthly payments
remaining. The annual interest rate on the loan is
4% How many yearsearly will you be able to pay off the
loan? Please show using excel formulas!!!!!!!

You are being considered for the position of the new team leader
of an important ongoing project at your place of employment.
However, this opportunity comes at a time when large scale changes
are occurring within the organization. Not many of the changes are
perceived as positive by the employee base. By the time all of the
changes take place, the organization will be operating quite
differently. In a wonderful stroke of good fortune, you end up
eating lunch next...

Quiz/Survey
Quiz Week 4 - Unexpected Events B
1. What happens if you don't pay your car insurance
premium for your vehicle?
You are not insured and are driving illegally
Any insurance claim isn't processed and your car doesn't get
fixed
Your car payments will increase
You are driving illegally
You are not insured
2. Suppose that you only have liability and collision
car insurance and you allow your roommate (who doesn't have car
insurance) to drive your car to...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 5 minutes ago

asked 25 minutes ago

asked 34 minutes ago

asked 48 minutes ago

asked 50 minutes ago

asked 53 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 2 hours ago

asked 2 hours ago