Jeanne has $14800, 3 and half year loan with a high APR of 8.57 due to her less-than-average credit rating. What is the monthly payment for this loan?
Answer:
$409.57
Step-by-step explanation:
The formula for loan payment is given by:
pv = present value
r = rate per period
n = number of periods
Loan period is 3 and half years
for monthly payments, number of periods is (3 and half years) x 12 months
= 3.5 x 12 months = 42 months
Annual Payment Rate = 8.57 percent = 8.57/100 =0.0857
Rate per month = Annual Payment Rate /12 months
= 0.0857/ 12 = 0.00714
P = 
= 
= $409.57
Answer:
The first pair shows equivalent expressions.
Step-by-step explanation:
3(x+2), you would have to distribute 3 among x and 2, also known as expanding the expression. So you'd do 3*x + 3*2, which equals 3x+6
The first equation is 3(x+2)=3x+6
Therefore, the first pair shows equivalent expressions.
Answer:10,8
Step-by-step explanation:
Because
Answer:
2x3y4(3)
7
=
6
/7 x3y4
Step-by-step explanation:
<h3>Answer:</h3>
The rate of change in the 2nd 3-year interval is 3.375 times that in the 1st 3-year interval.
<h3>Explanation:</h3>
The exponential function tells you that each year values get multiplied by 1.5. Then after thee years, values are multiplied by 1.5³ = 3.375. This is true for all function values, including average rate of change. Whatever the rate of change is in years 0–3, it will be 3.375 times that in years 3–6.
The calculation performed by the graphing calculator confirms this:
... the average rate of change in years 3–6 is 160.3125; in years 0–3, it is 47.5.
The ratio of these average rate of cange values is 3.375.
