If he starts paying after four years, the worth of the loans by then is b. $31,616.16
<h3>What is a Loan?</h3>
This refers to the amount collected from a lender to be repaid after a given time, usually with added interest.
Hence, we can see that:
The effective monthly interest rate is:
i = 0.053/12 = 0.0044
The effective annual interest rate is:
i = (1 + 0.0044)^12 -1 = 0.0543
The present worth of all the loans is:
P = 6125 + 6125 (1 + 0.0543)^-1 + 6125 (1 + 0.0543)^-2 + 6125(1 + 0.0543)^-3
P = $22,671.40
If he pays them prompty, then the total lifetime cost would be
P = 22671.40 (1 + 0.0543)^4 = $31,616.16
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Answer:
-4 83/100 8 3/10
Step-by-step explanation:
Answer:
and 5 what ?
Step-by-step explanation:
Using linear function concepts, the slope of -1 means that when one of the length/width is increased by 1, the other is decreased by 1.
<h3>What is a linear function?</h3>
A linear function is modeled by:

In which:
- m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.
- b is the y-intercept, which is the value of y when x = 0.
In this problem:
- The lengths and the widths are interchangeable, that is, either can be considered as the input or as the output.
- The slope of -1 means that when the input in increased by 1, the output is decreased by -1, that is, when one of the length/width is increased by 1, the other is decreased by 1.
You can learn more about linear function concepts at brainly.com/question/24808124
Given:
To find the factorization of the graph,

By factorization, we get

Hence option a) is the correct answer.