Formula for monthly payment is:
A = P x (r(1+r)^t)/((1+r)^t-1) where P is the amount financed, r is the interest rate divided by 12 and t is the amount of time for the loan in months.
P = 33714 x 0.85 = 28656.90
A = 28656.90 x (0.07/12 (1+0.07/12)^48) / (1 +0.07/12)^48 - 1)
A = $686.23
Answer:
x = 5
Step-by-step explanation:
4x + 8 - 9x = -17
combine like terms:
-5x = -25
divide both sides of the equation by -5:
Answer:student 3
$22.50
$4.50x5=$22.50
-12
