4 years ago

Eugene took out a loan for $1075 at a 12.6% APR, compounded monthly, to

Mathematics

2 answers:

aleksandr82 [10.1K]4 years ago

5 0

Answer:

approximately 12 payments.

Step-by-step explanation:

you can pay off the loan in a year by multiplying 87.25 and 12. this will give you 1047, which is about 28$ off. then after that year, you can pay off the $28 whenever you finish with the 87.25

just olya [345]4 years ago

3 0

Answer: 14

Step-by-step explanation: Apex

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The equation of a function y = 2/3x+1/3 find the value of y when x = -3 when x = 1 1/2

kirill [66]

Answer:

$y = \frac{-5}{3}\\\\y = \frac {4}{3}$

Step-by-step explanation:

$y = \frac{2}{3} x + \frac{1}{3}\\\\when \ x = -3 \\\\y = \frac{2}{3}(-3) + \frac{1}{3} = -2 + \frac{1}{3} = \frac{-6 + 1}{3}= \frac{-5}{3} \\\\When \ x = 1 \frac{1}{2} = \frac{3}{2}\\\\y = \frac{2}{3} \times \frac{3}{2} + \frac{1}{3} = 1+ \frac{1}{3} = \frac{3 + 1}{3}= \frac{4}{3} \\\\$