Answer:
3.48%
Step-by-step explanation:
Interest rate is the one variable in the amortization formula that cannot be solved for directly. An iterative or graphical approach is needed. There is no formula. Financial calculators, financial apps, and spreadsheets are all able to do this calculation.
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In the attached, we have used a graphing calculator to find the value of interest rate (in %) that makes the loan payment be $200 for a loan of $11,000. It shows us the rate is 3.48%. (A financial calculator confirms this value.) The x-intercept in the graph is the interest rate that makes the difference between the payment and $200 be zero. In our formula for the payment, we have used t for years. 60 monthly payments is 5 years.
Answer:
Addition.
Step-by-step explanation:
you can just use that to figure out how many coins he has. he has a 1.75 add 9.20 and i think thats your answer
Answer:
Start
Percentage with triazine resistance- 57.6%
Percentage without triazine resistance- 42.4%
End
Percentage with triazine resistance- 78%
Percentage without triazine resistance- 22%
Step-by-step explanation:
Answer:
y=-x+1
Step-by-step explanation:
Answer: The graph of linear inequalities include a dashed line if they are greater than or less than but not equal to. Linear equations, on the other hand, include a solid line in every situation. Moreover, linear inequalities include shaded regions whereas linear equations do not.
Step-by-step explanation: