Slope of (27,2),(38,-15)
2 answers:
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1. Using "exact" interest, your charge will be
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
Equation to find number's value:
Number's value: n = 35
Explanation:
Let n be the unknown number for this problem.
One fifth of a number is the same as .
Three times the number is the same as 3n.
Twice the number plus 42 is the same as 2n + 42.
So, using the information we've gathered so far, we can create the equation that will provide us with n's value.
Equation:
We can use this equation to find n's value.
You can subtract 2n from both sides to get the equation , which is the same thing as the equation we were using.
Now add n and together to get
.
After you do this, your equation should look like .
Now divide both sides by to get n's value.
n = 35