<span>1.) Previous balance = 3529.30
APR = 18.6%, thus monthly interest rate = 18.6 / 12 = 1.55%
Previous balance + interest = 3529.30(1 + 0.0155) = 3584.00
New balance after transaction = 3584.00 + 148 = 3732.00
2.) Previous balance = 5834.53
APR = 20.4%, thus monthly interest rate = 1.7%
Previous balance - payment = 5834.53 - 150 = 5680.53
Balance + interest = 5634.53(1 + 0.017) = 5781.17
New balance after transaction = 5781.17 + 325 = 6106.17
3.) Total payment = 15264
Number of payments = 72 monthly payments
Monthly payment = 15264 / 72 = 212
4.) Amount bollowed = 7400 at 7% APR
Amount plus interest = 7400(1 + 0.07) = 7918
Monthly payment = 7918 / 12 = 659.83
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Answer:
y = 3x - 5
Step-by-step explanation:
We know that the equation 'y = 3x + ?' intersects the point (1, -2). This means that when x = 1, y = -2 in out equation above. To solve this just plug in the x and y values to get '?'.
Now that we know '?' is -5, we write it back into slope intercept form, so our final answer is y = 3x - 5
Well, they're both divisible by 2 (24 ÷ 2 = 12) (90 ÷ 2 = 45)
7 is the right answer(please rate 5.0 stars so i can help other people out thanks)
