The interest is 11.62% compounded monthly. Converting this to an effective rate:
i = (1 + 0.1162/12)^12 - 1
i = 0.1226
We use this formula to solve the problem:
455.96 = (23860(1.0811) + 1695 + 228 - C) [0.0811(1+0.0811)^3]/[(1+0.0811)^3 - 1]
Solving for C
C = 4413.13
The cost of her car was $4,413.13.
40% of 280 is 112 so to increase by 25% it must increase by 28
Answer:
x = 6; y = 20
Step-by-step explanation:
Given two numbers one large and one small.
is the smaller number and is the larger number.
According to the first statement we have:
Rearranging we get:
From the second statement, we have:
These two lines are plotted on the graph. The point at which the two lines intersect will give the two numbers.
To solve (1) and (2) we subtract the two equations:
Substituting the value of , in the equation we get:
.
Therefore, the values are: (x, y) = (6, 20).
Answer:
Step-by-step explanation:
The height of Leon's older brother = feet
feet
Since, Leon is 1/3 foot shorter than his brother.
Then, the height of Leon =
First we need to make them like fractions by multiplying 3 on the numerator and denominator of the first fraction and 4 on the numerator and denominator of the second fraction.
Then, the height of Leon =
feet
Hence, The height of Leon =
2 is more than a number v
2 > v is your equality
this means that <em>v</em> can be the number 1 or less
hope this helps