Answer:
$8511.11
Step-by-step explanation:
Each year, the amount Walter owes is multiplied by 1.06, so at the end of 6 years, Walter owes 1.06^6 times the amount he borrowed.
he will pay $6,000×1.06^6 ≈ $8511.11
_____
At the end of the first year, Walter owes the original loan amount plus 6% interest. That total is ...
$6000 + 0.06×6000 = $6000×1.06
At the end of the following year, he owes 1.06 times that amount, or ...
6000×1.06²
The amount owed is multiplied by 1.06 each year until Walter pays off the loan.
Answer:
x = 8
Step-by-step explanation:
5(x-2)=30
Distribute
5x- 10 = 30
Add 10 to each side
5x-10+10 = 30+10
5x= 40
Divide by 5
5x/5=40/5
x = 8
Y=-5X which is the equation you use to figure out the answer
Mark points (0,0), (-1,-1), (1,-1), (-2,-4), (2,-4)
