Answer:
A. When Katina has $280 in her bank account, 4 months have passed. Plug 4 months into Malorie's bank account equation:
a = 50(4) + 100
a = 200 + 100
a = $300
B. Malorie's bank account changes at a greater rate. Katina's bank account amount increases by $20 each month, whereas Malorie's bank account increases by $50.
Ex: month 5
Katina has 300, 20 more than the previous month.
Malorie has 350, 50 more than the previous month
Answer:
$1,220,200
Step-by-step explanation:
The total of Mary's payments is ...
$3695.20/mo × 30 yr × 12 mo/yr = $1,330,200
The difference between this repayment amount and the value of her loan is the interest she pays:
$1,330,200 -110,000 = $1,220,200 . . . total interest paid
_____
Mary's effective interest rate is about 40.31% per year--exorbitant by any standard.
Answer:When n is an odd number,
is a real number for all values of a. Then, the domain is the real domain.