Answer:
$415.18
Explanation:
The calculation of the present value of a cash flow or other income stream that produces $1 in income over so many periods of time.
DATA
Amount borrowed = $12,500
Annual interest rate = 12.00%
Monthly interest rate = 1.00%
Period = 36 months
Let monthly payment be x
12,500 = x/1.01 + x/1.01^2 + x/1.01^3 … + x/1.01^35 + x/1.01^36
12,500 = x * (1 - (1/1.01)^36) / 0.01
12,500 = x * 30.107505
x = 12,500/30.107505
x = 415.18
The monthly payment is $415.18
(3x−2)(2x^2+5)
=(3x+−2)(2x^2+5)
=(3x)(2x^2)+(3x)(5)+(−2)(2x^2)+(−2)(5)
=6x^3+15x−4x^2−10
=6x^3−4x^2+15x−10
6(173.04) + 3.15 + 3(29) =
1038.24 + 3.15 + 87. = 1128.39
Step-by-step explanation:
4 + 7 x X = 22
4+7x=22
7x=22-4
7x=18
x=18/7
