Answer:
12.5%
Step-by-step explanation:
$4.50-$4/$4 x 100%
0.5/4x100%
50/4= 25/2 = 12.5%
The inverse function is
H-1(x)=3=x
Answer:
total payment = $563,760
Interest = $383,760
Principal part = $66
Step-by-step explanation:
(a) total payment:
n = 30 years = 360 months
monthly payment = $1,566
Total payment = $1,566 * 360 months = $563,760
(b) interest:
Total payment = $563,760
Principal = $180,000
Total payment = Principal + Interest
Interest = Total payment - Principal
Interest = $563,760 - $180,000 = $383,760
(c) part of first payment applied to the principal:
First payment = $1,566
Principal = $180,000
Interest rate = 10% yearly = 10% / 12 = 0.8333% = 0.008333 monthly
Monthly interest = Principal * Interest rate = $180,000 * 0.008333 = $1,500
Principal part = $1,566 - $1,500 = $66
Hope this helps!
<em>Independent variables are variables of a quantity that are not affected by any conditions. </em>
<em>Dependent variables are variables of a quantity that change if conditions relative to that variable changes.</em>
For example, we generally we take x as independent variable by x variable and dependent variable by y variable.
To find the rate of change we get two values of independent variable (x's) and two values of dependent variables (y's) to get two coordinates in form of
(x,1,y1) and (x2,y2).
<h3>And we can find the rate of change by applying slope formula</h3>
.