Answer:
Question 1: y-11x+5 I think; Question 2: I'm not sure
Step-by-step explanation:
Answer:
10%
Step-by-step explanation:
if he has 60 boxes then it would be 60/600
simplify that to 6/60 which further simplifies to 1/10 which is 10%
See attachment file below.
Hello from MrBillDoesMath!
Answer:
Interest paid = $ 1,713,568.73
Monthly p[payment = $4913.25
Discussion:
From the "compound interest formula:
A = final amount
P = Initial amount (Principal)
r = yearly interest rate
n = number of years of accumulation.
In our case,
A = 350000( 1 + .052)^35 =
350000 (5.90) = (approx)
$2,063,568.73
Interest = $2,063,568.73 - 350000 = $ 1,713,568.73
There are 35 *12 = 420 months in 35 years. So the monthly payment would be ($2,063,568.73 / 420) = $4913.25
Thank you,
MrB
