Double of 50 is 100, so 28*100=2800, now half of the answer is 2800/2=1400
There are numerous ways you can do this, but take a look at the attachment to see how I did it. I hope it answers your question! :)
Answer:
4x + y = k
Step-by-step explanation:
=> 4y = x + 8
=> x - 4y = -8
Slope = 1/4
The other line's slope = -4
4x + y = k is the answer.
We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>