<span>B(n) = A(1 + i)^n - (P/i)[(1 + i)^n - 1]
where B is the balance after n payments are made, i is the monthly interest rate, P is the monthly payment and A is the initial amount of loan.
We require B(n) = 0...i.e. balance of 0 after n months.
so, 0 = A(1 + i)^n - (P/i)[(1 + i)^n - 1]
Then, with some algebraic juggling we get:
n = -[log(1 - (Ai/P)]/log(1 + i)
Now, payment is at the beginning of the month, so A = $754.43 - $150 => $604.43
Also, i = (13.6/100)/12 => 0.136/12 per month
i.e. n = -[log(1 - (604.43)(0.136/12)/150)]/log(1 + 0.136/12)
so, n = 4.15 months...i.e. 4 payments + remainder
b) Now we have A = $754.43 - $300 = $454.43 so,
n = -[log(1 - (454.43)(0.136/12)/300)]/log(1 + 0.136/12)
so, n = 1.54 months...i.e. 1 payment + remainder
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The answer to your question is c
a) Since the corresponding y-value is -0.6, hence the point (-0.8, -0.6) is a solution to the system of equations
b) since the corresponding x-value is not 1/3, hence the point (1/3, 2) is not a solution to the system of equation
In order to show if the given point corresponds to the given function, we will have to substitute the value of x into the function to see if we will have its corresponding y-value
For the point (-0.8, -0.6), substitute x = -0.8 into both functions as shown:
f(x) = 2x + 1
f(-0.8) = 2(-0.8) + 1
f(-0.8) = -1.6 + 1
f(-0.8) = -0.6
Simiarly;
y = -3(-0.8)- 3
y = 2.4 - 3
y = -0.6
Since the corresponding y-value is -0.6, hence the point (-0.8, -0.6) is a solution to the system of equations
For the point (1/3, 2), substitute x = 1/3 into both functions as shown:
x = (y+2)/2
x = (2+2)/2
x = 4/2
x = 2
Simiarly;
x + 2 = 3
x = 3-2
x = 1
Since the corresponding x-value is not 1/3, hence the point (1/3, 2) is not a solution to the system of equations
Learn more on systems of equation here: brainly.com/question/847634
Answer:
a horse running around a race track and
a person running down a field to score a touchdown
DONT HAVE ENOUGH INFORMATION
the two graphs are proportional to time and
a dog jumping at a constant speed for 20min and
a truck passing through 4 cities at a constant speed are not proportional to time because they are constant
Step-by-step explanation:
So for Tom to get his free meal he needs to spend 50 dollars.
This means the following⬇️
This equation is the 50 dollars he has to spend minus the 30.25 he has already spent which results in⬇️
This results in Tom needing to still spend 19.75 more dollars to get his free meal!!
Hope this helped!!
