Answer:
2/3 (B)
Step-by-step explanation:
The y values increase by 2 every time and the x values increase by 3. The rule for slope is rise(y)/run(x) so you get b, 2/3
Answer:
a) The value of the Annual Payment is A=$17,258.80
b) Is the picture in the attachment file
c) As you can see it in the picture with each payment, balance comes down, due it is the interest base, Interest portion comes down too.
Step-by-step explanation:
Hi
a) First of all, we are going to list the Knowns:
,
% and
, Then we can use
. So this is the value of the Annual Payment
16,500
60 minutes in an hour / 12 minutes = 5
5 * 3,300 = 16,500