Principal amount = 12,000
Annual interest rate (r) = 6.99% = 0.0699
Time (years) = 4 years
Number of installments (t) = 12*4 = 48 months
Monthly payment, A = P/D
Where,
D= {(1+r/12)^t-1}/{r/12*(1+r/12)^t} = {(1+0.0699/12)^48-1}/{0.0699/12(1+0.0699/12)^48} = 42.47
Therefore, A = 12000/42.47 = 282.59
Total payments after 4 years = 282.59*4*12 = 13,564.17
Interest owed = 13,564.17 - 12,000 = 1,564.17
The required maximum value of the function C = x - 2y is 4.
Given that,
The function C = x - 2y is maximized at the vertex point of the feasible region at (8, 2). What is the maximum value is to be determined.
<h3>What is the equation?</h3>
The equation is the relationship between variables and represented as y =ax +m is an example of a polynomial equation.
Here,
Function C = x - 2y
At the vertex point of the feasible region at (8, 2)
C = 8 - 2 *2
C= 4
Thus, the required maximum value of the function C = x - 2y is 4.
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Answer:
1/6 because you would change 1/3 to 2/6 and then divide that in half.
Get the problem up 20*n. N being the nuber of weeks you just multiply 20 by how many weeks there are and that how much you save
