The trick with this problem is that there is no trick - there's no math involved at all, just wordplay. The key is in one-time deposit; what you're looking for isn't a recurring fee, but rather a constant. Now, an equation is made up of three things:
- a variable
- a relational statement in the form of =
- a constant, even if it isn't really there, it's zero
In this case, what you're looking for is the constant in the equation; a value that doesn't change when any variable changes.
The only number in your question that fits the bill is 1200$, since it's a <em>one-time, unchanging value.</em> <em>y </em>is the total amount paid and x represents the months, which are both variables; 400 is tied to x, so it also changes based on months.
Answer:
x=11.2
Step-by-step explanation:
Set up a proportion:
x+11/36 = 37/60
Cross multiply:
1332=60(x+11)
Distribute:
1332=60x+660
Subtract 660 from 1332
672=60x
Divide:
x=11.2
I'm not sure if this is the correct answer but I hope this helps! :)
Correct me if I'm wrong!
Answer:
If you use a search engine you will get the right answer.
Step-by-step explanation: