16x-7≤-71
Add 7 to both sides
16x≤-64
Divide both sides by 16
x≤ -4
Hope this helps! :)
In an installment loan, a lender loans a borrower a principal amount P, on which the borrower will pay a yearly interest rate of i (as a fraction, e.g. a rate of 6% would correspond to i=0.06) for n years. The borrower pays a fixed amount M to the lender q times per year. At the end of the n years, the last payment by the borrower pays off the loan.
After k payments, the amount A still owed is
<span>A = P(1+[i/q])k - Mq([1+(i/q)]k-1)/i,
= (P-Mq/i)(1+[i/q])k + Mq/i.
</span>The amount of the fixed payment is determined by<span>M = Pi/[q(1-[1+(i/q)]-nq)].
</span>The amount of principal that can be paid off in n years is<span>P = M(1-[1+(i/q)]-nq)q/i.
</span>The number of years needed to pay off the loan isn = -log(1-[Pi/(Mq)])/(q log[1+(i/q)]).
The total amount paid by the borrower is Mnq, and the total amount of interest paid is<span>I = Mnq - P.</span>
Answer: Choise A and Choise B.
Step-by-step explanation:
Given the following expression:
You can simplify it in order to find equivalent expressions.
Appying the Distributive Property, you get:
So:
1. If you add the like terms, you get this equivalent expression:
2. But if you factor out 3, you get the following equivalent expression:
Therefore, the expression shown in Choice A and Choise B are equivalents to the expression
