Answer:
6384
Step-by-step explanation:
multiply 48, 16, and 7
Answer:
2. is not an equation
Step-by-step explanation:
An equation always has an equal sign. An expression doesn't
Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:
Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by
Where r is monthly interest rate.
MP is the monthly payment.
Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
Parallel lines have the same slopes (but different y intercepts). Parallel lines never cross. Parallel lines are the same distance from each other no matter where you are on either line. Think of it like a pair of perfectly straight railroad tracks.
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Perpendicular lines cross at one point. The two lines form a 90 degree angle. The two slopes multiply to -1, which is another way of saying that the slopes are negative reciprocals of one another. For example, a line with a slope of 2/3 and another line with a slope of -3/2 has these two values multiply to -1; therefore showing they are perpendicular lines.
