X=9
insert 9 for x in the equation to know that it's right.
The monthly payment of Angelica on the loan after she graduates in 4 years is $97.22.
<h3>How do we calculate the monthly payment of a loan?</h3>
Firstly, we calculate the future value (FV) of the loan in 4 years as follows:
FV in 4 years = Loan amount * (1 + Interest rate)^4 = $16,000 * (1 + 0.056)^4 = $19,896.45
Secondly, the monthly payment is calculated using the formula for calculating the future value of an ordinary annuity as follows:
M = FV in 4 years / ((((1 + r)^n) – 1) / r) ....................... (1)
Where:
M = Monthly payment = ?
r = monthly interest rate = 0.056 / 12 = 0.00466666666666667
n = number of months = 12 years * 12 months = 144
Substituting all the relevant values into equation (1), we have:
M = $19,896.45 / ((((1 + 0.00466666666666667)^144) – 1) / 0.00466666666666667)
M = $97.22
Learn more about future value here: brainly.com/question/2472793.
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Answer:
Elena's run for 1.17 miles in ten minutes
Step-by-step explanation:
From the question
y = 8.5 x ; where x is Distance in miles, and y is time in minutes
and y= 10 minutes
thus on substituting the respected values we get
10 = 8.5 x
⇒ x =
= 1.17 miles
Therefore Elena's run for 1.17 miles in ten minutes
Any line can be expresses as:
y=mx+b where m=slope=(y2-y1)/(x2-x1) and b=y-intercept (value of y when x=0)
First find the slope:
m=(2-0)/(8-0)=2/8=1/4 so we have thus far:
y=0.25x+b, we solve for b using any point on the line, (8,2)
2=0.25(8)+b
2=2+b
0=b
So the line is:
y=.25x which they might also express as y=x/4
The answer is E. (1/4)x
Ninth term is 2.5
you are adding 0.5 each time
-1,-0.5,0,0.5,1,1.5,2,2.5