9514 1404 393
Answer:
A) $1350
B) $5850
C) $162.50
Step-by-step explanation:
A) The interest is given by the formula ...
I = Prt
where P is the principal amount, r is the interest rate, and t is the number of years.
I = $4500×0.10×3 = $1350
The interest owed is $1350.
__
B) At maturity, the principal and interest are due. That amount is ...
$4500 +1350 = $5850
The maturity value is $5850.
__
C) If the maturity value is paid in 36 equal monthly installments, each is ...
$5850/36 = $162.50
The monthly payment is $162.50.
(x-8) ^ 2 = 121
(x-8) = + / - root (121)
x = 8 +/- root (121)
The solutions are:
x1 = 8 + root (121)
x2 = 8 - root (121)
2a ^ 2 = 8a-6
2a ^ 2-8a + 6 = 0
a ^ 2-4a + 3 = 0
(a-1) (a-3) = 0
The solutions are:
a1 = 1
a2 = 3
x ^ 2 + 12x + 36 = 4
x ^ 2 + 12x + 36-4 = 0
x ^ 2 + 12x + 32 = 0
(x + 4) (x + 8) = 0
The solutions are:
x1 = -8
x2 = -4
x ^ 2-x + 30 = 0
x = (- b +/- root (b ^ 2 - 4 * a * c)) / 2 * a
x = (- (- 1) +/- root ((- 1) ^ 2 - 4 * (1) * (30))) / 2 * (1)
x = (1 +/- root (1 - 120))) / 2
x = (1 +/- root (-119))) / 2
x = (1 +/- root (119) * i)) / 2
The solutions are:
x1 = (1 + root (119) * i)) / 2
x2 = (1 - root (119) * i)) / 2
7.67 is your answer. hope this helps, let me know if you need more help
