Solve for x A).33 B).6{5 C).5{12 D).12{5
1 answer:
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Answer:
Step-by-step explanation:
The two ringtones will cost her a total of and is a fixed amount. The relationship between the cost and number of songs only is
and therefore the answer is
. You can also directly find the answer by finding the y-intercept (in this case
), as no other answer choices include the term
, so A must be the correct answer.
Answer:
$362.57
Step-by-step explanation:
A suitable calculator or finance app can find the monthly payment for you. This result comes from a TI-84 calculator.
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The second attachment shows the parameters of the payment function. With 20% down, Anthony is only financing 80% of the price of his car. Of course, there are 12 months in a year, so 4 years worth of payments will be 48 payments. The calculator uses negative values for amounts you pay.
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No doubt your reference material shows you a formula for computing loan payments. One such is ...
A = Pr/(1 -(1+r)^-n)
where r is the monthly interest rate, 0.068/12, and n is the number of payments, 48. The principal amount of the loan, P, will be 19,000×0.80. This formula gives the same result as that shown above and below.
