Answer:
-k-h/r-s
When solving the goal is to get x on one side and not x on the other.
rx + h = sx - k
rx - sx + h = -k <------- subtract sx from both sides
rx - sx = -k - h <-------subtract h from both sides
x (r - s) = -k -h <------factor out x which is in both rx and sx
x = - k - h / r - s <-------divide by r-s on both sides
Plug in random values for x and find y value
assume x = 10 then y = 430
Express as ordered pair:(10,430)
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P.S. I think I answered this question already. I still have it on Microsoft Word :)
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The answer is c. 16.70% This is based on the posts I've read online regarding this problem. No solution was given.
These are the amounts you have to consider:
List price of new car - 21,450
Sales tax rate: 6.88% - 21,450 x 6.88% = 1,475.76
vehicle registration fee - 1,089
documentation fee - 124
loan term - 3 years, paid monthly. so, 36 months
interest rate - 12.28% compounded monthly.
2004 Dodge Neon value - 6,591
trade in value - 6,591 x 80% = 5,272.80
No mention of down payment so the possible amount to be financed is: 24,138.76
The value of the traded car is only considered after the financing has been paid off.