Answer:
P = $ 144.99
Step-by-step explanation:
Given data:
cost of home entertainment center is $2665
duration of deferred payment plan is 18 month
interest rate is 24.36%
Total amount to be paid is 

A = 3695.88
From the information in the questioon this amount is to be paid in 3 year . Thus we have
Monthly payment is =

p = monthly payment
Pv = present value = 3695.88
r =rate per period 
n = number of period 
plugging all value in the above formula

P = $ 144.99
Answer:
The equation of the line is 2 x - y + 5 = 0.
Step-by-step explanation:
Here the given points are A( 1, 7) & B( -3, - 1) -
Equation of a line whose points are given such that
(
) & (
)-
y -
=
( x -
)
i.e. <em> y - 7=
( x- 1)</em>
<em> y - 7 =
( x -1)</em>
<em> y - 7 = 2 ( x - 1) </em>
<em> y - 7 = 2 x - 2</em>
<em> 2 x - y + 5 = 0</em>
Hence the equation of the required line whose passes trough the points ( 1, 7) & ( -3, -1) is 2 x - y + 5 = 0.
120 - 96 = 24
Now we have to find what percent of 120 24 is.
x × 120 = 24
x = 0.2
0.2 means 20%.
The discount is 20% off.