Answer:
Step-by-step explanation:
Hello,
First of all, we know that the solution of the following equation
are

<em>I would suggest that you try to apply this formula first and check the solution only after you try.</em>
Let's apply it in this case, we have:


Hope this helps.
Do not hesitate if you need further explanation.
Thank you
Answer:
The balance be after he has made exactly half of his monthly payments is $56881.4.
Step-by-step explanation:
Given : Dean took out a 10-year loan for $40,000 at an APR of 4% compounded monthly.
To find : What will his balance be after he has made exactly half of his monthly payments?
Solution :
Formula of monthly payment ,
Discount factor
Where, Amount = $40,000
Rate r= 4% compounded monthly
Time = 10 years
Now, put all the values we get,
Half of the monthly payment is $807.345
Payment for 10 years is 
The balance is $96881.4-$40000=$56881.4
Therefore, The balance be after he has made exactly half of his monthly payments is $56881.4.
Answer:
18x+9=9y
Step-by-step explanation:
16x+9=9y-2x
+2x +2x
18x+9=9y
Answer:
option A, Estimation gives an approximate answer
The answer is going to be 53.8%. hope that helped