Answer:
x = -5
Step-by-step explanation:
6x + 10 = 4x
2x = -10
x = -5
Answer
Secured
Step-by-step explanation:
eee
Answer:
look it up because found the correct answer there
Step-by-step explanation:
Answer:
Monthly payment= $550.25
Step-by-step explanation:
First, we need to calculate the value of the loan:
Loan= 27,635 - 5,000
Loan= $22,635
<u>Now, the monthly payment:</u>
Interest rate (i)= 0.0778/12= 0.006483
n= 4*12= 48 months
Loan (PV)= $22,635
<u>We need to use the following formula:</u>
Monthly payment= (PV*i) / [1 - (1+i)^(-n)]
Monthly payment= (22,635*0.007483) / [1 - (1.006483^-48)]
Monthly payment= $550.25