Answer:
All you have to do is subtract 1500-785 in order to find the number of minutes left for him.
1500-785=715 more minutes left
The first equation can be simplified down to 3 and -\frac{3}{2}[/tex]. Therefore, ">" is correct.
The second equation can be simplified down to 12 and 6.25. Therefore, "<" is incorrect. It should be ">".
First find the total payments
Total paid
200×30=6,000 (this is the future value)
Second use the formula of the future value of annuity ordinary to find the monthly payment.
The formula is
Fv=pmt [(1+r/k)^(n)-1)÷(r/k)]
We need to solve for pmt
PMT=Fv÷[(1+r/k)^(n)-1)÷(r/k)]
PMT monthly payment?
Fv future value 6000
R interest rate 0.09
K compounded monthly 12
N=kt=12×(30months/12months)=30
PMT=6000÷(((1+0.09÷12)^(30)
−1)÷(0.09÷12))
=179.09 (this is the monthly payment)
Now use the formula of the present value of annuity ordinary to find the amount of his loan.
The formula is
Pv=pmt [(1-(1+r/k)^(-n))÷(r/k)]
Pv present value or the amount of his loan?
PMT monthly payment 179.09
R interest rate 0.09
N 30
K compounded monthly 12
Pv=179.09×((1−(1+0.09÷12)^(
−30))÷(0.09÷12))
=4,795.15
The answer is 4795.15
Answer:
With sample sizes greater than 30, 36 university women. so 66
Take -5x + y =13 and rearrange for y:
y=13+5x
Substitute into other equation for y:
-3x+3(13+5x)=3
Multiply out brackets:
-3x+39+15x=3
Simplify:
12x+39=3
Rearrange for x:
12x=-36
x=-3
Substitute back into y=13+5x:
y=13+5(-3)
y=13-15
y=-2