Answer:
Step-by-step explanation:
<u>Given</u>
- Monthly payment P = $300
- Time t = 3 years = 36 months
- Number of payments n = 36
- Interest rate r = 12% PA = 1% per month = 0.01 times
<u>Use loan payment formula:</u>
- P = r(PV) / (1 - (1 + r)⁻ⁿ),
- where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments
<u>Substitute values and solve for PV:</u>
- 300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)
- PV = 300*(1 - 1.01⁻³⁶ )/ 0.01
- PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)
Answer:
2.056
rounded to the nearest tenth: 2.1
Plz mark brainliest!! :DD
Answer:
y - -x + 2.
Step-by-step explanation:
The line passes through (0, 2) and 5, 1) so it slope = (1-2) / (5-0)
= -1 and the y-intercept is at y = 2 so the equation is
y - -x + 2.
D. 
✅
Step-by-step explanation:
<u>Note</u>:-
P = Parentheses
E = Exponents
M = Multiplication
D = Division
A = Addition
S = Subtraction
X=-7
I'd be happy to help if you need an explanation:)
