The dollar amount of each monthly payment is interest
7,865.87÷120=65.55
The percent of the total payments is total interest
(7,865.87÷27,865.87)×100=28.2%
Slope = (4 - 0)/(0 - 8) = -1/2
b = 4
equation
y = 1/2(x) + 4
Answer:
$65/hour
Step-by-step explanation:
Let C(h) represent the total amount payable to the plumber. Then:
C(h) = $75 + (rate)(2 hr) = $205. Solve for the "fixed hourly rate."
Subtracting $75 from both sides, we get:
(rate)(2 hr) = $130.
Dividing both sides by (2 hr) results in (rate) = $65/hour
Answer:
2
Step-by-step explanation: