The question is an annuity question with the present value of the annuity given.
The
present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) /
(r/t) where PV = $61,600; r = interest rate = 9.84% = 0.0984; t = number
of payments in a year = 6; n = number of years = 11 years and P is the
periodic payment.
61600 = P(1 - (1 + 0.0984/6)^-(11 x 6)) / (0.0984 / 6)
61600 = P(1 - (1 + 0.0164)^-66) / 0.0164
61600 x 0.0164 = P(1 - (1.0164)^-66)
1010.24 = P(1 - 0.341769) = 0.658231P
P = 1010.24 / 0.658231 = 1534.78
Thus, Niki pays $1,534.78 every two months for eleven years.
The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
Step-by-step explanation:
vector AB(3-(-6); 5-7)
vector AB(9;-2)
AB=
=
M is the midpoint of AB
we have B(-5;10) and M(1;7)
let A(x;y)
(x-5)/2 = 1 ⇒ x-5 = 2⇒ x = 7
(10=y)/2 = 7⇒ 10+y = 14 ⇒y= 4
so : A(7;4)
the center of the circle is the midponit of the line joining both ends of the diameter
let A(x;y) be the other end
(-2+x)/2 = 2 ⇒ -2+x = 4⇒ x= 6
(5=y) = -1 ⇒ 5+y = -2 ⇒ y= -7
so the coordinates of the other end are (6; -7)
A,B and C are collinear such as AB=BC so b is the midpoint of AC
(-5+1)/2 = y ⇒ y = -4/2 ⇒ y = -2
((-3=x)/2 = 7 ⇒ -3+x = 14 ⇒ x = 17
so x= 17 and y = -2
C.-2 and -11 that would be the answer.
So if you're driving 25 miles per hour, it would take you 7 hours to drive 175 miles.
175 miles ÷ 25 miles = 7 hours.