The graph of a cubic function has its ends in opposite direction.
A cubic function with positive coefficient rises towards right and falls towards left.
A cubic function with negative coefficient rises towards left and falls towards right.
The graph attached below shows the parent cubic function y = x³
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Answer: $189,383.96</h3>
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Explanation:
- r = 0.02 = decimal form of 2% annual interest
- i = monthly interest rate
- i = r/12 = 0.02/12 = (2/100)/12 = 1/600.
- n = number of months = 12*30 = 360
- P = monthly payment = 700
We'll plug those items into the formula below.
L = loan amount
L = P*( (1+i)^n - 1)/( i*(1+i)^n )
L = 700*( (1+1/600)^360 - 1 )/( 1/600*(1+1/600)^360 )
L = 189,383.961539639
L = 189,383.96
The couple can afford to borrow at most $189,383.96
Answer:
the answer is 7/11
Step-by-step explanation:
hope this helps
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