Answer:
$72,100
Step-by-step explanation:
To calculate the total principal+interest payment, you can use the formula to find the future value:
FV=PV(1+i)^n
FV= Future value
PV= Present value= $58,200
i= Interest rate= 7.40%
n= Number of periods of time= 3 years
Now, you can replace the values on the formula:
FV=58,200*(1+0.0740)^3
FV=58,200*(1.0740)^3
FV=72,100
According to this, the answer is that the total principal + interest payment will be $72,100.
When a line is perpendicular, the slope is the negative reciprocal. Therefore, since the slope is 4, the slope of a line perpendicular is -1/4
12.5663706144 or yes, 12.57
Answer:
The minimum cost is $9,105
Step-by-step explanation:
<em>To find the minimum cost differentiate the equation of the cost and equate the answer by 0 to find the value of x which gives the minimum cost, then substitute the value of x in the equation of the cost to find it</em>
∵ C(x) = 0.5x² - 130x + 17,555
- Differentiate it with respect to x
∴ C'(x) = (0.5)(2)x - 130(1) + 0
∴ C'(x) = x - 130
Equate C' by 0 to find x
∵ x - 130 = 0
- Add 130 to both sides
∴ x = 130
∴ The minimum cost is at x = 130
Substitute the value of x in C(x) to find the minimum unit cost
∵ C(130) = 0.5(130)² - 130(130) + 17,555
∴ C(130) = 9,105
∵ C(130) is the minimum cost
∴ The minimum cost is $9,105
Answer: lalalallalalalalal
Step-by-step explanation: