What you can do is start with the key details in it... the main ones are that the bacteria grows every 30 minutes, you start with 1 bacteria, and the end time is 180 minutes. Basically you know that 3 goes into 18 6 times so 30 goes into 180 6 times which means that if you started with 1 bacteria you will end up with 7. Understand?
Answer:
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Answer:
$415.18
Explanation:
The calculation of the present value of a cash flow or other income stream that produces $1 in income over so many periods of time.
DATA
Amount borrowed = $12,500
Annual interest rate = 12.00%
Monthly interest rate = 1.00%
Period = 36 months
Let monthly payment be x
12,500 = x/1.01 + x/1.01^2 + x/1.01^3 … + x/1.01^35 + x/1.01^36
12,500 = x * (1 - (1/1.01)^36) / 0.01
12,500 = x * 30.107505
x = 12,500/30.107505
x = 415.18
The monthly payment is $415.18
You simplify the equation and you use a x y chart and once you get all the points from simplifying the equation you graph those points on the graph chart then connect them
