The interest rate is 3.5%.
EXPLANATION
We substitute the given values into the formula;

to obtain

We divide through by 6000 to obtain,

This implies that,

We take the square root of both sides,

This gives us,

Add -1 to both sides of the equation to obtain

Multiply through by 100 to obtain;

%
Answer:
96
Step-by-step explanation:
The loan duration is for 8 years, a total of 12·8 = 96 monthly payments. The 96th payment is the balloon payment.
The y- intercept has to be a point in the line where x is 0. Which means that in this case it would be -4.
To find the slope, use the formula: rise over run —> y2 - y1/x2 - x1
Choose any two coordinates and plug them in. Then simplify. Let me know if you have any questions by commenting:)
Hope I helped:)
Answer:
P(orange)x P(orange)= 5/9 x 5/9= 25/81
Step-by-step explanation:

Both the numerator and denominator are continuous at

, which means the quotient rule for limits applies:

Perhaps you meant to write that

instead? In that case, you would have