Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
Answer:
Step-by-step explanation:
b and c are the speeds of the boat in stool water, and current, respectively.
Going with the current, the boat travels b+c=16 km/h.
Going against the current, the boat travels b-c=6 km/h
add the equations together
b+c = 16
b-c = 6
—————
2b = 22
b = 11
c = 16-b = 5
Answer:
- y = 50·3^x
- (2, 450), (3, 1350), (4, 4050), (5, 12150)
Step-by-step explanation:
The problem statement tells you each observed count is 3 times the last one.
__
Expressed as an exponential function with an initial value of 50 and a growth factor of 3, the formula is ...
y = (initial value)×(growth factor)^x
y = 50·3^x
Answer:
The first one is either 88 feet or 90 feet
Step-by-step explanation:
