Answer:
Loan payment = Loan amount / Discount factor
Number of Periodic Payments (n) = Payments per year times number of years. Periodic Interest Rate (i) = Annual rate divided by number of payments per. Discount Factor (D) = {[(1 + i) ^n] - 1} / [i(1 + i)^n]
Step-by-step explanation:
1) 3/12
Because 1/3 would have changed to 4/12,
1x4= 4
3x4=12
You need to multiply them by the same number and 1) was multiplied by three on the numerator and four on the denominator.
The slope is 2 because remember, y= mx+b
m= slope
the slope is always multiplied by x
I think it’s D, sorry if I’m wrong.
Answer:
a = 28.14 (Estimated)
Step-by-step explanation:
7a + 50 = 247
=> 7a = 197
=> a = 28.1428571429 (Using Calculator)
=> a = 28.14 (Estimated)
Hoped this helped.
