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Knowing that line ME and EU and equal, set the equations equal to each other and then solve for M. 6m+5 = 7m so by subtracting 6m from both sides, m=5
Answer:
-s
Step-by-step explanation:
we can make it simple and get rid of the s, so we have 7-8. 7-8 is -1 so we can just add the s back on and get -1s or -s
Yeah the answer tells you right there lol, 113
Answer:
$2,263.63
Step-by-step explanation:
You start with "if" but don't end with what your goal is. I will assume that you want to know how much you'll have to pay after 5 years to pay off this $1,000 loan.
Use the compound amount formula A = P(1 + r)^5. Replacing P with $1,000, r with 0.1775 and t with 5 years, we get the payoff balance
A = $1,000(1 + 0.1775)^5 = $2,263.63
