Answer:
Laura's monthly payment will be $501, and her total finance charge over the course of the loan will be $5,060.
Step-by-step explanation:
Given that in a 5-year loan with an annual interest of 7.5%, the monthly payments for every $ 1,000 are $ 20.04, taking into account that Laura took a loan of $ 25,000, to determine the monthly payments and the total interest to be paid, they must be made the following calculations:
20.04 x 25 = X
501 = X
Thus, the monthly payments that Laura will have to make will be $ 501.
(501 x 12 x 5) - 25,000 = X
30,060 - 25,000 = X
5,060 = X
In turn, the total finance charge will be $ 5,060.
Answer:
its an equation between two variables that gives a straight line when plotted on a graph.
Step-by-s
This is 4x=2x-2 as a graph
Answer:8
Step-by-step explanation: 8x11=88
Answer:
Function B has a greater rate of change
Step-by-step explanation:
to find the rate of change or slope
Function A
(0,2) (3,5)
m =(y2-y1)/(x2-x1)
= (5-2)/(3-0)
= 3/3
m=1
Function B
m =(y2-y1)/(x2-x1)
= (9-6)/(6-4)
= 3/2
= 1.5
Function B has a greater rate of change
