Answer:
Step-by-step explanation:
<u>Given</u>
- Monthly payment P = $300
- Time t = 3 years = 36 months
- Number of payments n = 36
- Interest rate r = 12% PA = 1% per month = 0.01 times
<u>Use loan payment formula:</u>
- P = r(PV) / (1 - (1 + r)⁻ⁿ),
- where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments
<u>Substitute values and solve for PV:</u>
- 300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)
- PV = 300*(1 - 1.01⁻³⁶ )/ 0.01
- PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)
Use the formula (
)^2
in order to create a new term to complete the square.
(x−5)2−25
She has $12,488 in savings
Step-by-step explanation:
Ariana plans to use $260 less than three-fourths of savings to buy a car.
If the purchase price of the car is 9,340, we need to find how much
she has in savings
To find the savings
- Assume that she has $x in savings
- Write an equation of x
- Solve the equation to find x
∵ She has $x in savings
∵ She plans to use $260 less than three-fourths of savings
- Three-fourths means
and less than means subtract
∴ She plans to use
x - 26
∵ The purchase price of the car is 9,340
- Equate the expression of x by 9,340
∴
x - 26 = 9,340
Now let us solve the equation
∵
x - 26 = 9,340
- Add 26 to both sides
∴
x = 9,366
- Divide both sides by
∴ x = $12,488
She has $12,488 in savings
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Answer:
1/2, 2/3, 3/4, etc
i think thats what you need
Step-by-step explanation:
Answer:
3(5+x)
Step-by-step explanation:
15+3x
5*3 + 3*x
Factor out 3
3(5+x)