y=2x-2
y=-4
I think ..................
Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58
Answer:
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So, this problem asks us to construct an equation that relates the amount of money left to the amount of weeks that has gone by. First, let's assign variables. Let y be the amount of money left, while x is the number of weeks she receives money. The equation would be:
<em>y = 250 - 10x</em>
