Answer:
- payment: $413.93
- total repaid: $74,507.40
- interest: $22,507.40
Step-by-step explanation:
(a) The monthly payment A on principal P at monthly rate r for n months can be computed using ...
A = Pr/(1 -(1+r)^-n)
For P=$52000, r = .051/12 = 0.00425, n = 12*15 = 180, the payment is ...
A = $52000·0.00425/(1 -1.00425^-180) ≈ $413.93
(b) The total of 180 payments is ...
180 · $413.93 = $74,507.40
(c) The difference from the principal is the interest paid:
$74,507.40 -52,000 = $22,507.40
Answer:
3.75
Step-by-step explanation:
12t = 45
t = 3.75
I hope this is correct
Answer is last one. last one is false
Every real number is a rational number
example:
square root (3) is real number
but square root (3) is not a rational number
hope it helps
Answer:The set fee would be $15
Explanation:The set fee is the starting value. This means that it is the value of the y at x = 0 (y-intercept).
To get the set fee, we would first need to get the equation of the line.
Equation of the linear line has the following general formula:
y = mx + c
where m is the slope and c is the y-intercept
1- getting the slope:we are given two points which are:
(20,25) and (50,40)
the slope =

The equation now is:
y = 0.5x + c
2- getting the value of the y-intercept:To get the value of the c, we will use any of the given points, substitute in the equation and solve for c.
I will choose the point (20,25)
y = 0.5x + c
25 = 0.5(20) + c
25 = 10 + c
c = 15
The equation of the line representing the scenario is:y = 0.5x + 15
Now, we know that the value of the c is the y-intercept which is the initial value of the function at x=0.
In our situation, this represents the set fee.
Hope this helps :)