Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
Answer: To increase an amount by 7%, you would want to use 1.07 as the multiplier. To decrease it, you would use 0.93
Step-by-step explanation:
Part A:Derrick is incorrect.
A yard is equivalent to 3 feet.
Thus, 20 yards will be equivalent to 60 feet.
The width is 20 yard and 2 feet. It's the same as 60 feet and 2 feet, or 62 feet. Thus, Derrick is incorrect.
Part B:Let's calculate the area of the parking lot.
We know the width is 62 feet from part A.
The length is 30 yards, or 90 feet.
Multiply the length and width to get the area in square feet.
The parking lot has an area of 5580 square foot.
It costs 2 dollars per square foot to repave the parking lot. Multiply the area by 2 dollars.
It will cost $11,160 to repave the whole parking lot.
Answer:
Step-by-step explanation:
We're gonna need a graph to do this one.
Answer:
y = -1 and u = 3.333
Step-by-step explanation:
The given equations are :
3u + y = 9 ...(1)
3u-5y = 15 ...(2)
Subtract equation (2) from (1).
3u + y-( 3u-5y)= 9 -15
y+5y = -6
6y = -6
y = -1
Put the value of y in equation (1).
3u + (-1) = 9
3u-1 = 9
3u = 10
u = 10/3
u = 3.333
The attached figure shows the graph for the above equations.