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azamat
3 years ago
12

How do i solve this equation?​

Mathematics
1 answer:
Luden [163]3 years ago
7 0

Answer:

x = 28

Step-by-step explanation:

(3x + 6^o) = 90^o

3x = 84^o

x = 28

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This question can be approached using the present value of annuity formula. The present value of annuity is given by PV=P\left( \frac{1-\left(1+ \frac{r}{t} \right)^{-nt}}{ \frac{r}{t} } \right), where: PV is the present value/amount of the loan, P is the periodic (monthly in this case) payment, r is the APR, t is the number of payments in one year and n is the number of years.

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Thus, PV = $2,500; r = 13.5% = 0.135; t = 12 payments (since payment is made monthly); n = 2 years (i.e. 24 months)

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</span>2500=P\left( \frac{1-\left(1+ \frac{0.135}{12} \right)^{-2\times12}}{ \frac{0.135}{12} } \right) \\  \\ =P\left( \frac{1-\left(1+ 0.01125 \right)^{-24}}{ 0.01125 } \right)=P\left( \frac{1-\left(1.01125 \right)^{-24}}{ 0.01125 } \right) \\  \\ =P\left( \frac{1-0.764531}{ 0.01125 } \right)=P\left( \frac{0.235469}{ 0.01125 } \right)=20.9306P \\  \\ \Rightarrow P= \frac{2500}{20.9306} =119.44
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Therefore, his monthly payment is $119.44</span>
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3 years ago
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i hope it helps :) <3

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