% change = (new value - old value)/(old value) * 100%
.. = (9.67 -9.74)/9.74 * 100%
.. = -0.07/9.74 * 100%
.. = -0.7%
The decrease is 0.7%.
Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Answer: Hello mate!
if x is the amount of hours worked, 45 is the slope and the y intercept is 35.
A linear equation has the form of y = ax + b, where a is the slope and b is the y-intercept, then the equation that we have is:
y = 45*x + 35
this means that she wins $45 per hour, and has a plane amount of $35, indiferent of the amount of hours worked.
Then the correct answer is
C) Grace's wage is $45 an hour, and it appears that she received a signing bonus of $35.
Answer
16 pints
Step-by-step explanation:
its basically 8x2
