Answer:
$10,603.20
Step-by-step explanation:
You can calculate the simple interest of the loan using the formula:
I = prt, where I = interest, p = principal amount, r = interest rate and t = time. Plugging in the values from the problem:
p = $7,050
r = 8.4% or 0.084
t = 6 years
I = (7050)(0.84)(6) = $3,553.20
To find the total cost of the boat, add the interest and the purchase price:
$7,525 + $3,553.20 = $11,078.20
The average rate of change is -5 per month
<h3>How to determine the average rate of change?</h3>
The interval is given as:
July to December
From the graph, we have:
July = 110
December = 30
The average rate of a function over the interval (a, b) is calculated as:
Rate = [f(b) - f(a)]/[b - a]
So, we have:
Rate = (30 - 110)/(December- July)
This gives
Rate = (30 - 110)/(12 - 7)
Evaluate
Rate = -16
Hence, the average rate of change is -5 per month
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Answer:
Isolating a variable means rearranging an algebraic equation so that a different variable is on its own. The goal is to choose a sequence of operations that will leave the variable of interest on one side and put all other terms on the other side of the equal sign.
Step-by-step explanation:
Answer:
integer represented as a minus the integer represented as b