At a department store, Kendra has a debt greater than $25.00. Which could be Kendra’s balance?

2 answers:

5 0

Debt is negative dollars, which means she owes at least 25 dollars to the department store

her balance is -25.00 + x

hope this helps

or -25 >x

kumpel [21]3 years ago

5 0

I believe the answer is

-25>x

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2 years ago

You borrow 125,000 for 25 years at an APR of 6.5%. What will be your monthly payment?

Morgarella [4.7K]

$\bf \qquad \qquad \textit{Amortized Loan Value}
\\\\
pymt=P\left[ \cfrac{\frac{r}{n}}{1-\left( 1+ \frac{r}{n}\right)^{-nt}} \right]
\\\\\\\\
\qquad 
\begin{cases}
P=
\begin{array}{llll}
\textit{original amount}\\
\end{array}\to &
\begin{array}{llll}
125000
\end{array}\\
pymt=\textit{periodic payments}\\
r=rate\to 6.5\%\to \frac{6.5}{100}\to &0.065\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{APR, meaning once}
\end{array}\to &1\\

t=years\to &25
\end{cases}$