Answer:
$12.27
Step-by-step explanation:
.07 times 179.53 is 12.5671 so rounded to 12.27
Answer:
Cash price
Step-by-step explanation:
The computation is shown below:
The Interest rate per month (r) = (9% ÷ 12) = 0.75%
Now Present value of the monthly payment is
= PMT × {[(1 + rate of interest)^number of years - 1] ÷ rate of interest}
= 1,499 × {[(1 + 0.75%)^12 - 1] ÷ 0.75%}
= 18,748.89
And the cash price is 15,999
So, the cash price would be lower
Answer:
33.09
Step-by-step explanation:
You just subtract 26.91 from 60
Step-by-step explanation:
So, the account is at 0 initially; after the 1st payment made to the statement, the only balance it'd have, is the first payment amount, so namely, what's the monthly amortized cost.
Ex.: the picture
So let's do the same!
<em>pymt:</em> 120,000 [0.049/12/1 - (1 + 0.049/12) -12 x 20]
Hope this helped!
The ordered pair (- 3, 1 ) is a solution to the second equation because it makes the second equation true
To test , substitute the coordinates of (- 3, 1) into the equations and if both sides are true then it is a solution to the equation.
x - 4y = - 3 - 4 = - 7 ≠ 6 ← not true
(3 × - 3) + 1 = - 9 + 1 = - 8 ← true
Thus (- 3, 1 ) is a solution to the second equation
