Take the whole and multiply it by the percentage
so...
660 * .4 = 264
The equation in y = mx+b form is y = -450x+2745
where,
x = number of hours that have passed by
y = distance to destination in miles
The y intercept is 2745 since this is the initial starting y value, aka the starting distance. Therefore b = 2745.
The slope is -450 or -450/1 since for each hour, the distance goes down by 450. You can think of it as
slope = (change in y)/(change in x)
slope = (change in distance)/(change in time)
slope = (-450 miles)/(1 hour)
slope = -450
Do your sum which is $329.69 subtract $59.63 then if the unit is 4 or less round your answer to the nearest ten eg, 103 would be rounded to 100. If the unit is 5 and above you would round your answer up eg, 437 would be rounded to 440.
We are given
P = <span>$1,945.61
r = 11.2%
Amin = $156
A = $300
First, we convert the interest to effective monthly terms
i = 11.2%/12 = 0.933%
After one month, the interest saved by paying more than the minimum is
</span>(0.00933) (300 - 156) = $1.35