Answer:
17 will represent the batches of purple paint he wanted to make. It also represents the number of cup needed for each blue and red paint.
Step-by-step explanation:
24 yrs, might not be the answer
3%=0.03 you have to get to 6%=0.06
So you find the value of each month in 3%
So 3% divided by 12 months = 0.0025
Now you have the value of each month MULTIPLY until you get 0.06
So: 0.0025 x 1, 2, 3, 4,…….. and so forth
So the your result will be
0.0025per months x 24yrs = 0.06 = 6%
24 years
You can use the is/of = %/100 formula, and just simply input the values.
Therefore, 170/580=%/100
580x=170,000
29.31
Interest = $500*0.12=$60
Processing fee = $25
Total finance charge = $(60+25)=$85.
APR=(total finance charge)/amount borrowed
=85/500
=17%
X = 50 (Is parallel to the y-axis so there is no intersection point)
Y= 40 (Is parallel to the x-axis so there is no intersection point)
Both no intercept with the other
