Which of the following is true about the sequence graphed below?
2 answers:
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1. Using "exact" interest, your charge will be
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
we know that
A relationship between two variables, x, and y, represent a proportional variation if it can be expressed in the form y/x=k or y=kx
so
That means it's the equation of a line passing through the origin.
case a) and case d) are discarded because the line does not pass through the origin
<u>case b) we have</u>
for x=2 y=4
y/x=k-------> 4/2=2------> k=2
y=2x-------> in this case the value of y is two times the value of x
<u>case c) we have</u>
for x=4 y=2
y/x=k-------> 2/4=1/2------> k=(1/2)
y=(1/2)x-------> in this case the value of y is one-half of the value of x
therefore
the solution is the case c) see the attached figure
