I need this ASAP, I will give as many points as possible on a question like this and give brainliest! I need a bit of work for i
t just to show my work!
Two - step equations:
1) x/2 + 9 = 8
2) 10= -4 + 2/3x
Equations with variables on both sides:
1) 3x + 7 = 2x
2) 3 + 9x + 8 = 6x - 4
3) 3(x + 7) = 15x
4) 2 + 9(x - 2) = 6x + 2
Two - step equations:
1) x/2 + 9 = 8
2) 10= -4 + 2/3x
Equations with variables on both sides:
1) 3x + 7 = 2x
2) 3 + 9x + 8 = 6x - 4
3) 3(x + 7) = 15x
4) 2 + 9(x - 2) = 6x + 2
1 answer:
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Answer:
The balance be after he has made exactly half of his monthly payments is $56881.4.
Step-by-step explanation:
Given : Dean took out a 10-year loan for $40,000 at an APR of 4% compounded monthly.
To find : What will his balance be after he has made exactly half of his monthly payments?
Solution :
Formula of monthly payment ,
Discount factor
Where, Amount = $40,000
Rate r= 4% compounded monthly
Time = 10 years
Now, put all the values we get,
Half of the monthly payment is $807.345
Payment for 10 years is
The balance is $96881.4-$40000=$56881.4
Therefore, The balance be after he has made exactly half of his monthly payments is $56881.4.