So we can get from these two equations that y = 6x + 2 = 6x + 9
6x + 2 = 6x + 9
0 = 7 , but that's incorrect, so this set has no solution.
In an installment loan, a lender loans a borrower a principal amount P, on which the borrower will pay a yearly interest rate of i (as a fraction, e.g. a rate of 6% would correspond to i=0.06) for n years. The borrower pays a fixed amount M to the lender q times per year. At the end of the n years, the last payment by the borrower pays off the loan.
After k payments, the amount A still owed is
<span>A = P(1+[i/q])k - Mq([1+(i/q)]k-1)/i,
= (P-Mq/i)(1+[i/q])k + Mq/i.
</span>The amount of the fixed payment is determined by<span>M = Pi/[q(1-[1+(i/q)]-nq)].
</span>The amount of principal that can be paid off in n years is<span>P = M(1-[1+(i/q)]-nq)q/i.
</span>The number of years needed to pay off the loan isn = -log(1-[Pi/(Mq)])/(q log[1+(i/q)]).
The total amount paid by the borrower is Mnq, and the total amount of interest paid is<span>I = Mnq - P.</span>
Answer:
3m times 2m = 1m
Step-by-step explanation:
because 4m- 1 =3m and m+2 =2m
Answer:
Area = 16.8 * 7 / 2 = 58.8 ft2
Step-by-step explanation:
Have
18.2^2 = 7^2 + a^2
-> a^2 = 18.2^2 - 7^2
-> a^2 = 282.24
-> a = 16.8
Area = 16.8 * 7 / 2 = 58.8 ft2
Answer:
There would be 19 ballons left
Step-by-step explanation:
