Answer:
680 miles
Step-by-step explanation:
1,875=2.5x+175
Minus 175 each side.
1,700=2.5x
Divide both sides by 2.5
680=x
If the band travels 680 miles for $2.50 each mile, plus the flat fee of 175. The total will be 1,875.
Answer:
1
Step-by-step explanation:
A linear equation (degree 1) will have one root. A quadratic equation (degree 2) will have two roots. A cubic equation (degree 3) will have three roots. An nth degree polynomial equation will have n roots.
This question can be approached using the present value of annuity formula. The present value of annuity is given by

, where: PV is the present value/amount of the loan, P is the periodic (monthly in this case) payment, r is the APR, t is the number of payments in one year and n is the number of years.
Given that the<span> financing is for a new road bike of $2,500 and that the bike shop offers a 13.5% APR for a 24 month loan.
Thus, PV = $2,500; r = 13.5% = 0.135; t = 12 payments (since payment is made monthly); n = 2 years (i.e. 24 months)
Thus,
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Therefore, his monthly payment is $119.44</span>