Hi there
For the first question use the formula of the present value of annuity due
The formula is
Pv=pmt [(1-(1+r/k)^(-n))÷(r/k)]×(1+r/k)
Pv present value?
PMT monthly payment 95
R annual interest rate 0.2379
K compounded monthly 12
N time 7 months
Pv=95×((1−(1+0.2379÷12)^(
−7))÷(0.2379÷12))×(1+0.2379÷12)
=627.45 closed to 637.13 because the question mentioned the minimum monthly payment which is 95 while the exact monthly payment of 637.13
Is 96.47
The second question is the same and easier using the formula of the present value of annuity ordinary
First find the present value by subtracting the amount of down payment From the purchase price
20,640−2,440=18,200
Now find the monthly payment using the formula of
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Solve for pmt
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Pv 18200
R 0.104
K 12
N 5 years
PMT=18,200÷((1−(1+0.104÷12)^(
−12×5))÷(0.104÷12))
=390.29
Total paid amount of monthly payment times number of months in a year times the term of the loan to get
390.29×12×5
=23,417.28
Finally how much you paid including down payment
23,417.28+2,440
=25,857.40. ..answer
Good luck!
Answer:
B) f(x) = -3/5x +5
Step-by-step explanation:
There are several ways you can write the equation of a line from a list of points. When you look through the list and see that one of them is the y-intercept, then the problem can be easier. When you look through the list of answers and see that the required answer is in slope-intercept form, then you know all you need to do is find the slope to go with the intercept you've located.
The point (x, f(x)) = (0, 5) tells you the y-intercept is 5.
The slope, the change in y divided by the change in x for two points, is ...
... (-1 -2)/(10 -5) = -3/5
This is the slope and the coefficient of x in the linear equation.
Now, we know the y-intercept (b=5) and the slope (m=-3/5), so we can fill in the slope-intercept form of the equation of a line:
... y = mx + b
... y = (-3/5)x + 5
3.50n - Cost of n tickets = profit
Answer:
yes
Step-by-step explanation:
Yes it is, assuming we decide to use the Pythagorean Theorem to find the hypotenuse (10) it'll be possible considering the formula is c²=√a²+b²
(c being the longest side of the triangle)
a= 6 and b= 8
For #9 the answer would be C.
#10 would be A.
I can't figure out #11
#12 would be C.
