Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
To find the slope of the line, you need two points.
(-2 , 5) and (3 , -5)
5 - (-5) / -2 - 3
10 / -5 = -2
The slope of the line is -2. So your answer is C.
Your're lucky am going to help. Kidding. :D
All real numbers but 3 and -3
I can’t see the pic more can u edit it ms make it more bigger lol
Y-intercept =12
Slope : y2-Y1/x2-x1
8-10/2-1
Slope : -2
