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!
Slope of the line
(6-1) / (-5-0)
5 / -5
-1
General equation of the line
y = -x + c
if this passes through (0,1)
0 = (-1*1) + c
c = 1
so the equation is
y = -x + 1
The first problem Levi solves is incorrect, because 5/4 is not equal to 20.
The second problem Levi solves is correct, because 1.5 x 10 is 15, which subtracting 8 is equal to 7.
The third problem Levi solves is correct, because 4 x 13 is 52 and plus 6 it is 58.
I hope this helps!
Answer: B: 70, 80, 30
Step-by-step explanation:
An acute triangle has all 3 angles at less than 90 degrees, therefore the answer is B because its the only one that has all three at <90
Answer:
31x+41y+6
Step-by-step explanation:
Distribute
27y+15x+14y+16x+6
Combine like terms
41y+31x+6
