Answer:
$121
Step-by-step explanation:
A suitable calculator or spreadsheet can tell you the payment amount for the given loan values. The annual interest rate will be 12 times the monthly, rate, or 2.4%. The number of monthly payments in 12 years is 12×12 = 144.
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A calculator shows the monthly payment will be about $121.
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If you want to figure this "by hand," the amortization formula is used.
A = Pr/(1 -(1+r)^-t)
where P is the loan amount, r is the monthly interest rate, and t is the number of months.
A = 15100(0.002)/(1 -(1.002^-144)) ≈ 120.789 ≈ 121
The monthly payment would be $121.
Answer:
What equation in slope intercept form represents the line that passes through the points (3, -2) and (1, -3)
A. y = - 1/2x - 7/2
B. - 1/2x + 7/2
C. 1/2x - 7/2 this its the correct answer c
D. 1/2x + 7/2
Step-by-step explanation:
Answer:
1350m
Step-by-step explanation:
Let the distance ran by Denise, Farah and Elaine be D, F and E meters respectively.
From the given information,
D= ⅔(E +F) -----(1)
E= ½(D +F) -----(2)
Let's get rid of the fraction so the equations are much easier to work with.
From (1):
3D= 2(E +F) <em>(Multiply both sides by 3)</em>
3D= 2E +2F -----(3) <em>(</em><em>Expand</em><em>)</em>
From (2):
2E= D +F -----(4)
Substitute (4) into (3):
3D= D +F +2F
3D -D= 3F
2D= 3F
Given that Farah ran 360m, F= 360.
2D= 3(360)
2D= 1080
D= 1080 ÷2
D= 540
2E= D +F
2E= 540 +360
2E= 900
E= 900 ÷2
E= 450
Total distance the 3 girls ran
= D +F +E
= 540 +360 +450
= 1350m
Alternatively, you could start by substituting F= 360 to equations (1) and (2).
