Answer:
The loan will be paid after 39 monthly installments.
Step-by-step explanation:
Since I am paying off a student loan in monthly installments, and after the 4th payment the remaining balance is $ 13,900, while after the 5th payment my remaining balance is $ 13,500, to determine the amount of payments in which the loan was agreed I must perform the following calculation:
13900 - 13500 = 400
400 x 5 = 2000
2000 + 13500 = 15500
15500/400 = 38.75
Thus, the loan will be paid after 39 monthly installments.
8 1/2=17/2=8.5
24,700 divided by 8.5=2,905,8823
OR
24,700:17/2 =24,700x2/17=2,905,8823
Answer:
f(x)=8*(3.5)^x
Step-by-step explanation:
2=98
3= 98r
4= 98r^2
5= 98r^3
6= 98r^4
98r^4/98, 98 crosses out and its just r^4. r^4= 14706.125/98
r=3.5
So you plug that in and you get f(x)=8*(3.5)^x
I hope this helped. XD
Answer:
= desaster
Step-by-step explanation: