G = gallons d = days
10g = 3d
?g = 1d
1g = ?d
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for gallons in a day, divide 10g = 3d by 3
d = 10/3 gallons
3 and 1/3 gallons in a day
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for days per gallon, divide 10g = 3d by 10
g = 3/10 days
1 gallon lasts 3/10 of a day
He actually borrowed P=21349-3000=18349 (present value)
Assume the monthly interest is i.
then future value due to loan:
F1=P(1+i)^n=18349(1+i)^(5*12)=18349(1+i)^60
future value from monthly payment of A=352
F2=A((1+i)^n-1)/i=352((1+i)^60-1)/i
Since F1=F2 for the same loan, we have
18349(1+i)^60=352((1+i)^60-1)/i
Simplify notation by defining R=1+i, then
18349(R^60)-352(R^60-1)/(R-1)=0
Simplify further by multiplication by (R-1)
f(R)=18349*R^60*(R-1)-352(R^60-1)=0
Solve for R by trial and error, or by iteration to get R=1.004732
The APR is therefore
12*(1.004732-1)=0.056784, or 5.678% approx.
Answer:
right
Step-by-step explanation:
32/8=4
(m^5)(m^-3)=m^2
What do you want exactly i don’t understand the question. Comment and ill solve it
