P = 18,000
R=6%
T=7 years
A = P ( 1 + 1 divided by r) raised to n
Substitute the numbers an u will fin the answer
Answer:
the answer is (1,31)
Step-by-step explanation:
As the x value increases by the y value increases by 8
Hello!
We can solve this by comparing the 2 lines
g(x) moves over to the right 5
Since it goes to the right 5 the answer is A. g(x) = the absolute value of x - 5
Hope this helps!
The monthly loan payment should be $168.75.
<h3>Calculation of the monthly loan payment;</h3>
Since Ally is buying a speed boat for $10,000 with a down payment of $2,500. The bank approved a simple interest flat rate loan for 5 years at 7% APR.
The net principal should be
= $10,000 - $2,500
= $7,500
Now simple interest should be
= $7,500(5)(7%)
= $2,625
Now the total amount should be
= $7,500 + $2,625
= $10,125
Now the monthly payment is
![= 10125\div (12\times 5)\\\\= 10125 \div 60](https://tex.z-dn.net/?f=%3D%2010125%5Cdiv%20%2812%5Ctimes%205%29%5C%5C%5C%5C%3D%2010125%20%5Cdiv%2060)
= $168.75
Therefore, The monthly loan payment should be $168.75.
Learn more about rate here: brainly.com/question/24338143
Answer:
1.
Step-by-step explanation:
The line goes through positive 2