Monthly interest, i = APR/12 = 0.06/12 = 0.005
Monthly payment, A = $450
Period, n = 36 (months)
Future value of payment
= A((1+i)^n-1)/i
= 450((1.005^36-1)/0.005
= 17701.2472341
Future value of car
F = future value of payment + residual value
= 17701.2472341 + 20000
= 37701.2472341
Present value of car
= downpayment + present value of future payments
= 1500 + F/(1+i)^36
= 1500 + 37701.2472341/(1.005^36)
= 1500 + 31504.86
= 33004.86
Hi there!
We have the numbers:
0 1 2 3 4 5 6 7
There are 8 total numbers, and 2 of those numbers (1 and 3) represent a success. Therefore:
Answer:
multiplication property of one or identity
Step-by-step explanation:
Answer:
No
Step-by-step explanation:
Based on the table, it would not have been from a linear function. To have a linear function, the x and y values would have to be increasing/decreasing at a constant rate.
This is the change from the first (x, y) pair to the second. Now, let's see if the next has the same change:
-7+4=-3
4-3=1
-3+4=1
3-2=1
Now, let's check the last one:
1+6=7
2-1=1
The y value is still changing by -1, but the x value has been increased by a different amount, therefore it is NOT a linear function.
