We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month.</span>
Answer:
Top right.
Step-by-step explanation:
So we want a line with a slope of 3 and passes through (2,5).
To do so, we can use the point-slope form.
The point-slope form is:
m is the slope and x₁ and y₁ is an ordered pair.
Thus, let m be 3, y₁ be 5, and x₁ be 2. Thus:
Our answer is the top right :)
Answer:
~ 2.3%
Step-by-step explanation:
A percentage is a amount divided by the total.
2/85 (2 is the amount decreased) 0.02352941176470588235294117647059
That makes around 0.023.
That multiplied by 100 is 2.3 and that makes the percentage.
So yeah.
We need to convert this equation to slope-intercept form first.
We can do that by solving for y.
x - 5y = 15
<em><u>Add 5y to both sides.</u></em>
x = 5y + 15
<em><u>Subtract 15 from both sides.</u></em>
x - 15 = 5y
<em><u>Divide both sides by 5.</u></em>
y = 1/5x - 3
We now know the slope is 1/5.
The slope of the line perpendicular to the line with a slope of 1/5 is -5.
The slope of a perpendicular line is the negative reciprocal of the original slope.
Using a graphing calculator, we know the y-intercept of the line that is perpendicular to the original line must have a y-intercept of -6 to run through the points (-2, 5).
The equation of the new line is y = -5x - 6.
Step-by-step explanation: It should be the second answer.
