The answer is $70 so D
Because $59.5 is 85% of the original price, use 59.5/0.85 to find the original price
<u>f(x) = x + 3</u>
f(2) = 2 + 3
f(2) = 5
f(4) = 4 + 5
f(4) = 9
f(6) = 6 + 5
f(6) = 11
{(2, 5), (4, 9), (6, 11)}
Answer:
$11,130.47
Step-by-step explanation:
The amortization formula can be used. It tells you the monthly payment amount A for some principal P, interest rate r, and n payments.
A = P(r/12)/(1 -(1 +r/12)^(-n))
Filling in your values, we get ...
200 = P(.03/12)/(1 -(1 +.03/12)^-60) = P(.0025)/(1 -1.0025^-60)
P = 200(1 -1.0025^-60)/.0025 ≈ 200×55.6523577
P ≈ 11,130.47
The present value of the loan is $11,130.47.
Answer:
20
Step-by-step explanation:
You need to add all four then divide the answer by 4.
Hope this helps.
