6) Find the slope between the points ( - 4, 1) and (-2,- 6)
1 answer:
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Answer:
$291,016.80
A is correct.
Step-by-step explanation:
You are applying for an 80/20 mortgage to buy a house costing $145,000.
Loan Formula:
Case 1:
Loan amount, P = 80% of 145000 = $ 116,000
Rate of interest, r = 4.75% = 0.0475
Time of loan, n = 30 years = 360 months
Substitute the values into formula.
Total payment for case 1: 605.11 x 360 = $217,839.60
Case 2:
Loan amount, P = 20% of 145000 = $ 29,000
Rate of interest, r = 4.75% = 0.07525
Time of loan, n = 30 years = 360 months
Substitute the values into formula.
Total payment for case 1: 203.27 x 360 = $73,177.20
Total amount of the mortgage = $217,839.60 + $73,177.20
= $291,016.80
Hence, The total amount of the mortgage is $291,016.80
Answer:
A rental car company charges $150.00 for a weekly rental and an additional $0.20 for each mile driven.
The function ,
where m is the number of miles and C is the total cost.
Since it is given that : If the rental car can only be driven a maximum of 200 miles.
Then the total cost for this is,
or
On simplify we get,
A rental Car can only be driven a maximum of 200 miles for a cost of $ 190.
Graph the function : as shown in the attachment.
Answer:
This is the equation of a line with slope of 1 and the intercept point wit the 'y' axis is (0, 1.5)
Step-by-step explanation:
Lines have the following equation: y=mx+b, where 'm' is the slope and b is the interception with 'y' axis when 'x'=0
The attached pictures shows the equation of the line in a graph
