Answer:
$2 was the dollar gain for the stock XYZ
Answer:
x = - 
= - 62.5
Step-by-step explanation:
Given
x = - 25
Multiply both sides by 5 to clear the fraction
2x = - 125 ( divide both sides by 2 )
x = - = - 62.5
9514 1404 393
Answer:
A) $1350
B) $5850
C) $162.50
Step-by-step explanation:
A) The interest is given by the formula ...
I = Prt
where P is the principal amount, r is the interest rate, and t is the number of years.
I = $4500×0.10×3 = $1350
The interest owed is $1350.
__
B) At maturity, the principal and interest are due. That amount is ...
$4500 +1350 = $5850
The maturity value is $5850.
__
C) If the maturity value is paid in 36 equal monthly installments, each is ...
$5850/36 = $162.50
The monthly payment is $162.50.
