Answer:
Bill needs to sell 50 pairs of men’s clothes.
Step-by-step explanation:
50y = 2500
Divide by 50 on both sides
2500/50 = 50
This question can be approached using the present value of annuity formula. The present value of annuity is given by
, where: PV is the present value/amount of the loan, P is the periodic (monthly in this case) payment, r is the APR, t is the number of payments in one year and n is the number of years.
Given that the<span> financing is for a new road bike of $2,500 and that the bike shop offers a 13.5% APR for a 24 month loan.
Thus, PV = $2,500; r = 13.5% = 0.135; t = 12 payments (since payment is made monthly); n = 2 years (i.e. 24 months)
Thus,
</span>
<span>
Therefore, his monthly payment is $119.44</span>
Answer:
the answer is B
Step-by-step explanation:
it is B cause the line is going up so it is a positive linear function and the more he studies the higher he gets on his test