Answer: 2
Step-by-step explanation:
When x=-9, y=2. So, f(-9)=2.
Answer:
$17.50
Step-by-step explanation:
Multiply 7/8 by 20/1, to find 7/8 of $20.00.
7/8 × 20/1 = 140/8
140 ÷ 8 = 17.5
Once you convert to money, this is $17.50.
Answer:
$1516.69 per month less
Step-by-step explanation:
The formula for the monthly payment A on a loan of principal P, annual rate r, for t years is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
For the 18.5% loan, the monthly payment is ...
A = 150000(.185/12)/(1 -(1 +.185/12)^(-12·30)) ≈ 2321.92
For the 5% loan, the monthly payment is ...
A = 150000(.05/12)/(1 -(1 +.05/12)^-360) ≈ 805.23
The mortgage at 5% would be $1516.69 less per month.