You borrow $2250 at 4.8% compounded weekly for tuition. While you do not have to make payments for the 5 years that you are in s
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ANSWER
The restrictions are
EXPLANATION
We were given the rational function,
The function is defined for all values of a, except
This has become a quadratic trinomial, so we need to split the middle term.
We do that by multiplying the coefficient of which is 5 by the constant term which is 3. This gives us 15.
The factors of 15 that adds up to 16 are 1 and 15.
We use these factors to split the middle term.
We now factor to get,
We factor further to get,
This implies that,
This gives
These are the restrictions.
Answer:
368.47
1686.56
Step-by-step explanation:
effective rate: .05/12=.00416666667
payment=x
Interest:
368.47*48-16000=1686.56