2 years ago

Using the point-slope equation, find the equation containing (1, 3) and slope m = -2

Mathematics

1 answer:

alukav5142 [94]2 years ago

5 0

I don’t really understand the question so I just did 4 ways of this. Hope this help

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Lelu [443]

Answer:

finance charge refund is $91.53

Step-by-step explanation:

given data

finance charge F = $476

time t = 12 month

no of payment n = 5

to find out

finance charge refund

solution

we will apply here finance charge refund formula that is

finance charge refund = F × $\frac{n * (n+1)}{t* (t+1)}$

put here value we get

finance charge refund = 476 × $\frac{5 * (5+1)}{12* (12+1)}$

finance charge refund = 476 × $\frac{5 * (6)}{12 * (13)}$

finance charge refund = 476 × $\frac{30}{156}$

finance charge refund = 476 × 0.1923

finance charge refund = 91.53

so finance charge refund is $91.53

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Step-by-step explanation:

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Hello,

Here is your answer:

The proper answer to this question is option D "4.19%".

Your answer is D.

If you need anymore help feel free to ask me!

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