Hi there
First find the monthly payment of each offer to see which monthly payment is lower
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value
PMT monthly payment
R interest rate
K compounded monthly 12
N time
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Bank F
PMT=16,200÷((1−(1+0.057÷12)^(
−12×8))÷(0.057÷12))
=210.53
Bank G
PMT=16,200÷((1−(1+0.062÷12)^(
−12×7))÷(0.062÷12))
=238.21
From the above the monthly payment of bank f is lower than the bank g
And since the lifetime of bank g is lower than bank f the answer is
b. Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
Good luck!
y= mx+b
(16, -7) = (x,y)
2(16) - 3y = 12
32 - 3y = 12
32 - 12 = 3y
20/3 = y
6.6 = y
2x-3(-7) = 12
2x+21 = 12
2x = 12 - 21
x = -9/2
Insert the values into y = mx + b
solve for m and then solve for b
Answer:
a = 8
b ≠ 18
Step-by-step explanation:
y = 4x - 7
2y = ax + b
For there to be no solution, the lines (if graphed) should be parallel meaning that their slopes are equal but the y-intercepts are different
y = mx +b is the equation of a line where m is the slope and b is the y-intercept
Multiply the first equation by 2
2y = 8x - 14
2y = ax + b
So a has to equal 8
b can be anything except 14 (otherwise the lines would be the same)
The square root of 25 is 5.
Your just trying to find what number you can multiply with its self to make that number. So 5x5 = 25
Another example is lets say 64, the square root of 64 is 8 because 8x8 = 64.
Hope this makes sense!!
Hope this Helps!!
Answer:
B) 24 p-35
Step-by-step explanation:
<u>Step :1</u>
<u>A</u>pply distributive property a.(b+c) = a.b+a.c
Given data 1+4(6 p-9)
= 1+4.6 p - 4.9
multiply
= 1+ 24 p - 36
subtracting
= 24 p - 35
