Answer:
$403.15
Step-by-step explanation:
Principal loan amount is the total amount minus down-payment:

Knowing that
, the monthly payments can be calculated using the formula:
![M=P[\frac{r(1+r)^n}{(1+r)^n-1}]\\\\=23000\frac{(0.006658(1.006658)^{72}}{1.006658^{72}-1}\\\\=403.15](https://tex.z-dn.net/?f=M%3DP%5B%5Cfrac%7Br%281%2Br%29%5En%7D%7B%281%2Br%29%5En-1%7D%5D%5C%5C%5C%5C%3D23000%5Cfrac%7B%280.006658%281.006658%29%5E%7B72%7D%7D%7B1.006658%5E%7B72%7D-1%7D%5C%5C%5C%5C%3D403.15)
Hence, the monthly payment is $403.15
Answer:
25%
Step-by-step explanation:
125:500
divide by 5 to make 500 into 100
25:100
convert to percent
25%
(y+5) =(5/4)(x-8)
4(y+5)=5(x-8)
4y+20=5x-40
5x-4y=60
Hope that helps you
The price was reduced by 25%
Step-by-step explanation:
Length of cube (L) = 1 ft
Volume of the cube
= L³
= 1³
= 1 ft³
Hope it will help :)❤