Answer:
Step-by-step explanation:
(a).
Within 1 year, there would be 4 payments to be made.
therefore, PMT=
(i) 1st payment will be :PMT $128.125
(ii) 2nd payment will be :128.125*(1.025)^1= $131.33
(iii) 3rd payment will be :128.125*(1.025)^2=$134.61
(iv) 4th payment will be :128.125*(1.025)^3=$137.98
Hence the payments are: $128.125, $131.33, $134.61, and $137.98.
(b).
The size of the final payment where m 4 *5= 20
Answer:
x- 3y - 7=0
Step-by-step explanation:
the line in the slope-intercept form:
m= 1/3 and point given (1, -2) by using which we find y-intercept:
- b= y-1/3x
- b= -2- 1/3*1= - 7/3
General form of a line is: ax+by+c= 0
converting:
- y= 1/3x- 7/3 ⇒ 3y= x- 7 ⇒ x- 3y - 7=0