Me trying to pass test
2 answers:
You might be interested in
200 per month for 5 years = 12,000
Phil can (at most) pay 12,000 for the car loan.
That would be the payment total.
So, how do we solve for the PRINCIPAL?
Looking at the attached formula, we see the
principal = Total - Total * ((1 +r)^-n) / r * n
where n = # of payments = 5 year * 12 months = 60 and
rate / 1.200 = 7.5/1,200 = .00625
principal = [12,000 - 12,000 * (1.00625)^-60] / .375
principal = [12,000 - 12,000 * <span> <span> <span> 0.6880918239 </span> </span> </span> ] / .375
principal = [12,000 - <span> <span> <span> 8,257.1018863488] / .375
</span></span></span>principal = <span> <span> <span> 3,742.</span></span></span>90 / .375
principal = 9,981.06
Source:
http://www.1728.org/loanfrm4.htm
Phil can (at most) pay 12,000 for the car loan.
That would be the payment total.
So, how do we solve for the PRINCIPAL?
Looking at the attached formula, we see the
principal = Total - Total * ((1 +r)^-n) / r * n
where n = # of payments = 5 year * 12 months = 60 and
rate / 1.200 = 7.5/1,200 = .00625
principal = [12,000 - 12,000 * (1.00625)^-60] / .375
principal = [12,000 - 12,000 * <span> <span> <span> 0.6880918239 </span> </span> </span> ] / .375
principal = [12,000 - <span> <span> <span> 8,257.1018863488] / .375
</span></span></span>principal = <span> <span> <span> 3,742.</span></span></span>90 / .375
principal = 9,981.06
Source:
http://www.1728.org/loanfrm4.htm
Answer:
y = - 4x + 3
Step-by-step explanation:
The perpendicular bisector is positioned at the midpoint of AB at right angles.
We require to find the midpoint and slope m of AB
Calculate m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = A(3, 8) and (x₂, y₂ ) = B(- 5, 6)
m = =
=
Given a line with slope m then the slope of a line perpendicular to it is
= -
= -
= - 4
mid point = [0.5(x₁ + x₂ ), 0.5(y₁ + y₂ ) ]
Using the coordinates of A and B, then
midpoint AB = [0.5(3 - 5), 0.5(8 + 6) ] = (- 1, 7 )
Equation of perpendicular in slope- intercept form
y = mx + c ( m is the slope and c the y- intercept )
with m = - 4
y = - 4x + c ← is the partial equation
To find c substitute (- 1, 7) into the partial equation
Using (- 1, 7), then
7 = 4 + c ⇒ c = 7 - 4 = 3
y = - 4x + 3 ← equation of perpendicular bisector