Answer:
10%
Step-by-step explanation:
1/10 = 10/100 = 10% (by definition of what percentage is)
Answer:
The vertical asymptote is x 0.
The horizontal asymptote is y 50.
The vertical asymptote shows there is no monthly payment for a loan of 0 years.
The horizontal asymptote shows that as the length of time for which the loan is taken out increases, the monthly payment decreases. The monthly payment approaches, but never gets to $50 a month. This is because longer loans have greater simple interest up front.
Answer:
Step-by-step explanation:
Solve for the value of 
:
-Combine like terms:
-Multiply 
on both sides, which is the reciprocal of 
, and multiply 
and 
:
-Divide 
by 
:
Therefore, the value of is 
.
<span>8p = 3p + 25
Subtract 3p from both sides: 5p = 25 Divide both sides by 5: '
p = 5</span>
