Suppose a car dealership offers a low interest rate and a longer payoff period to customers or a high interest rate and a shorter payoff period to customers, and most customers choose the low interest rate and longer payoff period, does that mean that most customers want a lower interest rate? explain.

No.

Step-by-step explanation:

No, it doesn't necessarily mean that most customers want a lower interest rate. The car dealership is offering a low interest rate associated with a longer payoff period or vice versa, this includes two variables: the payoff period and the interest rate. It is known that when you have a shorter payoff period your monthly pay offs are higher.

According to the data, most people choose the low interest rate with the longer payoff period. This does not necessarily mean that they want a low interest rate but it could also mean that they just want a longer payoff period (because of their monthly income probably they can't afford a higher monthly payoff).

Therefore we cannot conclude that they choose the first option because of the interest rate.

use an equation of ratios to determine the amount of gas needed to fill the tank.

    0.2             0.8

  =    

288.75             x

                                                              231 gal

so, 0.2x = (0.8)(288.75 gal), and x = = 1155 gal.

                                                                0.2

it would take 1155 gal. to fill the tank.

the cost would be

1155 gal         $3

* = $3465   (answer)

      1           1 gal

hope this you

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!