Answer:
F = $13,802.31
she can finance $13,802.31 with this loan.
Step-by-step explanation:
Given;
Rate r = 7% = 0.07
Time t = 4 years
Payment per month MP = $250
Number of months per year n = 12
This can be solved using compound interest for future value series formula;
F = future value
F = MP(((1 + r/n)^(nt) - 1)/(r/n))
Substituting the given values, we have;
F = $250(((1 + 0.07/12)^(12×4) - 1)/(0.07/12))
F = $13,802.31
Answer: b
Step-by-step explanation:
So the distance formula: d = rad (x2 - x1)^2 + (y2 - y1)^2
it doesn't matter what order you do, you just have to make sure it's a y coordinate for y and an x coordinate for x.
rad (9-5)^2 + ((-6)-1)^2
rad 4^2 + (-7)^2
rad 16 + 49
rad 65
The simplest way to do this is to set up equivalent fractions. So, you'd do:
=
and then solve for x.
x=52
