profit, p = 6 × $50 = $300
losses, l = 120 + 30 + 200 = $350
overall = p - l = -$50
loss of $50
So:
(x-4)(x+2) / (x-4)(x+4)
We cancel out the x - 4:
(x+2)/(x+4)
Restrictions: x ≠ 4, x ≠ -4
2(2) + 12 = 4^(2)
4 + 12 = 16
16 = 16
only x = 2 will have f(x)=g(x) so x = 2 is answer
Answer:
6.9%
Step-by-step explanation:
Interest rate is the one variable in an amortization formula that cannot be determined explicitly. An iterative solution is required, which means the computation must be done by a calculator, spreadsheet, or web site.
My TI-84 TVM Solver tells me that for the given loan amount and payment schedule, the APR is about 6.9%.
i'm 75% sure the answer is C hope this helps