The slope of the line is 4/3
Answer: The monthly payments for a $5,000 loan would $146.51.
Step-by-step explanation: How it looks in the TVM Solver formula:
N = 36 ( 3 (years) x 12 (monthly payments) )
I% = 3.5%
PV = $5,000
PMT = 146.51 (or 146.08 if you choose BEGIN)
FV = 0
P/Y = 12 (months)
C/Y = (12 (months)
PMT: <u>END</u> | BEGIN
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Total area = 12 + 18 = 30cm²
Using a system of equations, it is found that Peter had $48 at first.
<h3>What is a system of equations?</h3>
A system of equations is when two or more variables are related, and equations are built to find the values of each variable.
In this problem, the variables are:
- Variable x: Peter's money.
- Variable y: Henry's money.
The ratio of peters money to henrys money is 4 : 3, hence:

After Peter spent $12, they had the same amount, hence:
y = x - 12.
Then, replacing in the ratio:


4(x - 12) = 3x
x = 48.
More can be learned about a system of equations at brainly.com/question/24342899
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