Y=24 is a solution for the equation.
y/12=2 is solved by multiplying both sides by 12 to get y by itself. so you'd end up multiplying 2 • 12 which equals 24.
Answer:
18
Step-by-step explanation:
What are the multoquestions? I can't help if they are not there.
Answer:
Monthly payment = $18325.6
Step-by-step explanation:
From the question,
P = 14000
t = 4 years
R = 6.75%
To calculate the monthly payment for this loan, let's use the below formula
Amount = P( 1 + 6.75%/12)^4×12
Amount = 14000(1.005625)^48
Amount = 18325.633 dollars
Monthly payment = $18325.6