We use letters to substitute for unknown numbers. I hope this helps. :)
<h2>First step/Equation</h2>
Answer:
$362.57
Step-by-step explanation:
A suitable calculator or finance app can find the monthly payment for you. This result comes from a TI-84 calculator.
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The second attachment shows the parameters of the payment function. With 20% down, Anthony is only financing 80% of the price of his car. Of course, there are 12 months in a year, so 4 years worth of payments will be 48 payments. The calculator uses negative values for amounts you pay.
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No doubt your reference material shows you a formula for computing loan payments. One such is ...
A = Pr/(1 -(1+r)^-n)
where r is the monthly interest rate, 0.068/12, and n is the number of payments, 48. The principal amount of the loan, P, will be 19,000×0.80. This formula gives the same result as that shown above and below
Answer:
-x + -13
Step-by-step explanation:
Rewrite: 5(x – 4) + 3x – 9x + 7
Step 1: 5(x + –4) + 3x + –9x + 7
Step 2: 5x + -20 + 3x + –9x + 7
Step 3: 5x + 3x + –9x + -20 + 7
Step 4: -1x + -13
Step 5: -x + -13
Hope this helps you, and good luck in the future :)