Answer:
1/61.8 its right valu of x
Step-by-step explanation:
here we find the first valu and second is also same but there isx so cross the eqal side and get same answer
To find the common ratio, u take ur 2nd term, and divide it by ur 1st term
(-1/6) / (5/12) =
-1/6 * 12/5 =
- 2/5 <== ur common ratio
We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
Idk what are your questions?
