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vampirchik [111]
2 years ago
13

Trudy borrowed $560.00 from a friend and agreed that for several years she would make equal monthly payments to pay only the int

erest on the loan. If her 12 interest payments each year total 6.5% of the amount she borrowed, how much interest has she paid after 18 monthly payments?
Mathematics
1 answer:
likoan [24]2 years ago
5 0

Answer:

$54.6

Step-by-step explanation:

Amount borrowed = $560

Interest paid in the 12-month period = 6.5% of 560 =$36.4

The amount of interest Trudy pays in 18 months is worked out as

Monthly interest = $36.4/12

Interest payable in 18 months

= ($36.4/12) x 18

= $54.6

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Can someone explain this I dont understand it
IrinaVladis [17]
Y = mx + b

m is your slope AKA rate of change
b is the y intercept.

from the graph we can see that the y intercept (b) is 15. (look at the y axis and see what point the line crosses on the y, here it is 15, in-between 10 and 20)

slope is rate of change. to figure this out remember slope = rise over run:

slope = \frac{rise}{run}

so pick two points. how much does one point rise after the other point you picked? In the graph it rises 1 square so rise = 1

Now looking at the same two points, how far away from each other are they on the x axis? Looking at the graph they are 2 squares away from each other. so run = 2

Now plug these numbers into the rise over run formula:

slope \: = \frac{1}{2}

Now we have everything we need to put into our formula for a line:

y = mx + b
y = \frac{1}{2} x + 18

For number 16 you should get:

y = \frac{1}{5} x + 3

after you do the same steps again yourself
8 0
3 years ago
Can someone please explain this
S_A_V [24]
Oh. It's rounding. So, for example, depending what you were told to round to, the second problem would be 760-330=430
7 0
3 years ago
Pleaseeeee helpppppp​
natima [27]

Answer:

BCE

Step-by-step explanation:

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3 0
3 years ago
Read 2 more answers
Does 1/7 divided by what equals 14
Paul [167]
2*7=14 7/14=2 do yes
5 0
3 years ago
Four times a first number decreased by a second number is - 14. The first
mel-nik [20]

Answer:

f = -5, s = -6

Step-by-step explanation:

F= first number

S= second number

4f - s = -14

f + 3s = -23

3(4f - s = -14)

12f - 3s = -42

+ f + 3s = -23

13f = -65

————

13

f = -5

4f - s = -14

4(-5) - s = -14

-20 - s = -14

+20 +20

-s = 6

———

-1

s = -6

3 0
2 years ago
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