2/3y-2/5=5
We move all terms to the left:
2/3y-2/5-(5)=0
Domain of the equation: 3y!=0
y!=0/3
y!=0
y∈R
determiningTheFunctionDomain
2/3y-5-2/5=0
We calculate fractions
There is no solution for this equation
The point slope form of a line is written as y - y1 = m(x -x1)
Where m is the slope and x1 and y1 are the points on the line.
You are told the slope is 3 and the point is (2,-1/2)
x1 is 2 and y1 is -1/2
Replace those in the equation to get:
y- (-1/2) = 3(x-2)
Simplify to get the final answer:
y + 1/2 = 3(x-2)
The answer is (2,1). 2*2=4 and 9*1=9. 9+4=13
The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
