2) c
3) d
4) a
5) d
6) c
7) a
8) b
Answer:
C. 16 months faster
Step-by-step explanation:
You can solve this using a Financial calculator( TI BA II plus in this case)
First, find number of months if recurring monthly payment is $38.50;
Amount borrowed ; PV = -950
Monthly rate ; I/Y = 7.2%/12 = 0.6%
Monthly payment; PMT = 38.50
Future value ; FV = 0
Total duration; press CPT, N = 26.785 OR 27 months
Next, find number of months if recurring monthly payment is $93;
Amount borrowed ; PV = -950
Monthly rate ; I/Y = 7.2%/12 = 0.6%
Monthly payment; PMT = 93
Future value ; FV = 0
Total duration; press CPT, N = 10.573 OR 11 months
Difference = 27 -11 = 16
Therefore, she would be able to pay off the loan 16 months faster.
SOLUTION
Given the question in the image, the following are the solution steps to answer the question.
STEP 1: Write the given function
STEP 2: Plot the given function
STEP 3: choose the correct graph
It can be seen from the plotted graph in step 2 that:
Hence, comparing the x-intercepts, the correct graph is seen in:
Answer:
130*
Step-by-step explanation:
Answer:
x^2 − 20x + 100
Step-by-step explanation:
