Hi there
First find the monthly payment of each offer to see which monthly payment is lower
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value
PMT monthly payment
R interest rate
K compounded monthly 12
N time
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Bank F
PMT=16,200÷((1−(1+0.057÷12)^(
−12×8))÷(0.057÷12))
=210.53
Bank G
PMT=16,200÷((1−(1+0.062÷12)^(
−12×7))÷(0.062÷12))
=238.21
From the above the monthly payment of bank f is lower than the bank g
And since the lifetime of bank g is lower than bank f the answer is
b. Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
Good luck!
Answer:
Equivalent expressions are expressions which are equal. This means they simplify to the same expression. Simplify the two expressions -1.3x - (-8.9x) = 7.6x and -1.3 + (-8.9X) = -10.2x.
Then simplify each option to determine if it is equal -1.3x - (-8.9x), -1.3 + (-8.9X) or neither:
−1.3x−8.9x = -10.2x. This is equivalent to -1.3 + (-8.9X) .
8.9x+(−1.3x) = 7.6x This is equivalent to -1.3x - (-8.9x) .
−8.9x+(−1.3x) = -10.2x This is equivalent to -1.3 + (-8.9X) .
8.9x−(−1.3x) = 10.2x Neither
−1.3x+8.9x = 7.6x This is equivalent to -1.3x - (-8.9x) .
−8.9x+1.3x = -7.6x Neither
Step-by-step explanation:
Given the movement of Dolphin has been modeled by the function:
h(t)=-16t^2+26t
the time taken for Dolphin to reach 5 feet will be:
5=-16t^2+26t
writing the above in quadratic form ax^2+bx+c=0 we get:
16t^2-26t+5=0
solving the quadratic equation using quadratic formula we obtain:
t=13/16+/-√89/16
t=0.22 sec or 1.40 sec
Answer:
The graph of the data presented is shown in the attached image to this solution.
It shows that the relationship between distance travelled in miles and the time take in hours is D = 55t
Step-by-step explanation:
The distance travelled with the corresponding time taken are presented in the table
Note: D - Distance travelled (miles)
t - Time (hours)
D | t
55 | 1
110 | 2
165 | 3
220 | 4
275 | 5
330 | 6
We are then told to plot these distance travelled on a graph with the time taken.
The distance travelled is plotted on the y-axis and the time in hours is plotted on the x-axis.
The image of the graph of this function will be attached to this answer
It is evident that the graph shows the relationship between the distance travelled and time taken to be D = 55t
Hope this Helps!!!