Im guessing the first answer
We are given
P = <span>$1,945.61
r = 11.2%
Amin = $156
A = $300
First, we convert the interest to effective monthly terms
i = 11.2%/12 = 0.933%
After one month, the interest saved by paying more than the minimum is
</span>(0.00933) (300 - 156) = $1.35
Hello how are you doing so the answer for this question is going to be maybe it’s going to be A
Answer:
Step-by-step explanation:
a) The amount of concern is ...
(total interest)/(number of payments) = interest/payment
$14,644.95/120 ≈ $122.04 . . . . amount of interest per payment
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b) The ratio of concern is ...
(total interest)/(total payments) × 100% = 14,644.95/39,644.95 × 100%
≈ 36.94% . . . . percent of total payments that is interest
Hope this helps <span>1) </span><span>Equations with negative values for a</span><span> produce graphs that open down and equations with a positive values for a</span> produce graphs that open up.
<span>2)<span> </span></span><span>As the absolute value of a gets larger our graphs become more narrow (they shoot towards positive or negative infinity faster). This is more interesting than it might appear. If you consider the second derivative of any quadratic it will be the a</span><span> value. The second derivative represents acceleration, so the larger the a value the faster the increase of velocity and accordingly a quicker progression towards positive or negative infinity. Check this out in graphing calculator, press play to vary the value of a from -20 to 20. Notice that when the value of a approaches zero, the approximates a line, and of course when a is 0 we have the line y</span><span> = 2x</span><span> – 1.</span>