Answer:
Please complete the question..
Step-by-step explanation:
Part A: monthly payment
Initial loan after downpayment,
P = 320000-20000= 300,000
Interest rate per month,
i = 0.06/12= 0.005
Number of periods,
n = 30*12= 360
Monthly payment,
A = P*(i*(1+i)^n)/((1+i)^n-1)
= 300000(0.005(1.005)^360)/(1.005^360-1)
= 1798.65
Part B: Equities
Equity after y years
E(y) = what they have paid after deduction of interest
= Future value of monthly payments - cumulated interest of net loan
= A((1+i)^y-1)/i - P((1+i)^y-1)
= 1798.65(1.005^y-1)/.005 - 300000(1.005^y-1)
= (1798.65/.005-300000)(1.005^y-1)
Equity E
for y = 5 years = 60 months
E(60) = (1798.65/.005-300000)(1.005^60-1) = 18846.17
for y = 10 years = 120 months
E(120) = (1798.65/.005-300000)(1.005^120-1) = 45036.91
y = 20 years = 240 months
E(240) = (1798.65/.005-300000)(1.005^240-1) = 132016.53
Check: equity after 30 years
y = 30 years = 360 months
E(360) = (1798.65/.005-300000)(1.005^360-1) = 300000.00 .... correct.
S + 2l = 1372
s + l =858
s + 2l = 1372
-s - l =. - 858
l= 514 grams a large bottle
s + 514= 858
s = 344 grams a small bottle
Answer:
See explanation
Step-by-step explanation:
1. Solve the system of two inequalities for y:
2. To graph both inequalities, first draw dotted lines -2x+3y=3 and 4x-3y=15 (dotted because the signs of inequalities are both without notion "or equal to"). Then choose appropriate part, substituting the coordinates of the origin:
So, the origin belongs to the top part of the second inequality and to the bottom part of the first inequality. The intersection of these two regions is the solution set to the system of two inequalities (see attached diagram).
