Answer:
The extra amount to be paid = $ 309.15
Step-by-step explanation:
Credit card bill = $ 7250 .
Interest rate = 16 % .
<h3>
AMOUNT TO BE PAID IN 1 YEAR</h3>
Monthly payment = $ 657.80
Total amount to be paid in a year = $ 657.80 × 12 = $ 7893.6
Interest amount in 1 year = $ 7893.6 - $ 7250 = $ 643.6.
<h3>AMOUNT TO BE PAID IN 18 MONTHS </h3>
Monthly payment = $ 455.71.
Total amount to be paid in a 18 months = $ 455.71 × 18 = $ 8202.78
Interest amount to be paid in 18 months = $ 952.78 .
The extra amount to be paid = $ 8202.78 - $ 7893.6 = $ 309.15
Answer:
y=mx + b
Step-by-step explanation:
Linear relationships can be expressed either in a graphical format where the variable and the constant are connected via a straight line or in a mathematical format where the independent variable is multiplied by the slope coefficient, added by a constant, which determines the dependent variable.
Answer:
Step-by-step explanation:
I dont know sorry
Answer:
15x - y = - 126
or y = 15x + 126
Step-by-step explanation:
will make it simple and short
to find the equation... we need to find slope first.
y2 - y1 -9 - 6
slope = m = --------- = ----------- = 15
x2 - x1 -9 - (-8)
so we know that the equation of the line using point (-8,6) and slope 15 y - 6 = 15( x + 8)
y - 6 = 15x + 120
Writing the equation in the form Ax + By = C
15x - y = -120-6
therefore.... 15x - y = - 126 or simplify it as or y = 15x + 126
Hope this helps