Answer:
B) $3060.00
Step-by-step explanation:
8.5% of 9,000 equals 765, then 765 multiplied by 4 equals 3060.
I think that it will take Margie 4 years to pay back the bank. And the interest rate that the bank charges is 8.5% per month.
I'm not sure if this is correct
Answer:
Step-by-step explanation:
Remember the general form of a linear equartion: y=mx + b, where m is the slope and b is the y-intercept (the value of y when x = 0).
The equation of line v (y=9x+1) has a slope of 9. A perpendicular line with have a slope equal to the negative inverse of the reference line. So the line we want will have a slope of -(1/9). That gives us y = -(1/9)x + b. Any vale of b will produce a line that is perpendicular. But we want a line that goes through point (3,-2). All we need to do is find a value for b that will make that wish come true.
Use the point (3,-2) in y = -(1/9)x + b and solve for b:
y = -(1/9)x + b
-2 = -(1/9)*(3) + b
-2 = -(1/3) + b
b = - 1 2/3, or -(5/3)
The equation is y = -(1/9)x + - (5/3)
820 + .06(820)
820 + 49.2
869.2
The cost of the car is $869.20.