the Alvarez family bought a car for $2,000 they made a down payment of $500 if they want to pay the balance in 5 equal payments how much would each of these payments be

Answers

Answer 1
Answer: Actual cost of the car bought by Alvarez family = $2000
Amount of down payment made by the Alvarez family = $500
Outstanding amount
that has to be paid by the Alvarez family = (2000 - 500) dollars
                                                                  = 1500 dollars
Number of equal payments to pay the outstanding balance = 5
So
Payment that has to be made
by the Alvarez family in 5 equal parts = 1500/5 dollars
                                                             = 300 dollars
So the Alvarez family has to make 5 payments of $500 to complete the outstanding amount of the car. I hope the procedure is clear enough for you to understand.
                                                      
Answer 2
Answer:

Final answer:

After a down payment of $500, the Alvarez family has $1,500 left to pay for a car. They can divide this balance into 5 equal payments of $300 each.

Explanation:

The Alvarez family bought a car for $2,000 and made a down payment of $500. This means that the amount left to pay for the car, also known as the car's balance, is $1,500 ($2,000 minus $500 = $1,500). If the family wants to make 5 equal payments, we will divide that balance by the number of payments they want to make.

So, the calculation would be $1,500 divided by 5, which equals $300. Therefore, each equal payment would have to be $300 for the Alvarez family to pay for the balance of the car over 5 payments.

Learn more about Loan Payments here:

brainly.com/question/34897239

#SPJ11


Related Questions

How do I determine the radius of x^2+y^2=25 ?
Write an algebraic expression to represent the new y-coordinate after a translation of four yards south given any initial y-coordinate, y.
Tristan has a points card for a movie theater.He receives 25 rewards points just for signing up. He earns 8.5 points for each visit to the movie theater. He needs at least 110 points for a free movie ticket. Write and solve an inequality which can be used to determine v � v, the number of visits Tristan can make to earn his first free movie ticket.
Bella is 10 5/12 years old. Franco is 12 7/12 years old. What is the difference in their ages? Write in simplest form.
A caterer knows that 18 heads of lettuce are needed to make dinner salads fro 70 people. How many heads of lettuce are needed for a party of 175 people?

Which statement best applies to the slope of the line below?A.
the slope is negative
B.
the slope is zero
C.
the slope is positive
D.
the line has no slope

Answers

 A vertical line has an undefined slope... AKA has no slope. So your answer would be D

Answer:

the line has no slope

Step-by-step explanation:

Which number can be added to a rational number to explain that the sum of rational number and a irrational number is irrational?A) -8
B) 2 1/6
C) 5
D) 27

Answers

Answer:

Step-by-step explanation:

5

is correct.  5

cannot be expressed as a fraction. A rational number is any number that can be expressed as the quotient or fraction p/q of two integers, with the denominator q not equal to zero.

I am not sure this is right, but I would say A

Est. Length: Est. Length: 0:2000Time Taken: 000:48Emalee Welsh: Attempt 1Questions What is the solution to the system of equations?0 of 5 questions savedUse the linear combination method.Page 1:1 2 3 4 5Legendsaved Response8)Unsaved ResponseInfo Item(-2, 12)Quiz Status(0,2)Quiz Started(-3, 17)

Answers

5x + y = 2
4x + y = 4

  5x + y = 2
-(4x + y = 4)

  5x + y = 2
-4x  - y  = -4
    x        = -2

x = -2 

5x + y = 2
5(-2) + y = 2
-10 + y = 2
y = 2 + 10
y = 12

x = - 2
4x + y = 4
4(-2) + y = 4
-8 + y = 4
y = 4 + 8
y = 12

x = -2 ; y = 12 ⇒ (-2,12)

3 times what equals 5

Answers

The solution of the expression is,

⇒ 3 times 5/3 is equals 5.

What is Multiplication?

To multiply means to add a number to itself a particular number of times. Multiplication can be viewed as a process of repeated addition.

Given that;

The expression is,

''3 times what equals 5.''

Now, We can simplify as;

Let value of number = x

⇒ 3 times x equals 5

⇒ 3 × x = 5

⇒ 3x = 5

⇒ x = 5/3

Thus, The solution of the expression is,

⇒ 3 times 5/3 is equals 5.

Learn more aboput the multiplication visit:

brainly.com/question/10873737

#SPJ5

actually its 1.666666666666666666666666666667 I put 5 divided by 3 into my calculator and this is what I got, I didn't know if this is what you where looking for, I thought maybe you meant a full number, my bad, its still early for me lol I hope this helps.

The American novel began to develop in the eighteenth century. a. True b. False

Answers

the answer would be true.
Yes. "The Power of Sympathy" by William Hill Brown, from 1789, is considered to be the first American novel.

If you traveled 226 miles during a 4 hour trip and used 10.5 gallons of gasoline, which expression tells you how many miles unto the gallon your car got on avarage

Answers

"Fuel economy" = "miles per gallon" = (distance traveled) divided by (gallons used)

mpg = (226 miles) / (10.5 gallons) = 21.52 miles per gallon (rounded)

It makes absolutely no difference whether the trip took 4 hours or 4 years.
That information is there just to try and trip you up.  You don't need it.