It's safe to assume that this kite is symmetrical about the y-axis. Reflecting (b,0) about the y-axis results in (-b,0) (answer)
Answer:
The answer is approx 75 months.
Step-by-step explanation:
We have P = 3000
r = 14%
Monthly payment = $60
We will use the formula :
![[(0.14/12) \times3000] / [1- (1+(0.14/12)^{-12n}]](https://tex.z-dn.net/?f=%5B%280.14%2F12%29%20%5Ctimes3000%5D%20%2F%20%5B1-%20%281%2B%280.14%2F12%29%5E%7B-12n%7D%5D)
Solving this we get n = approx 75 months. After 75 months few dollars will be left. And in the 76th month the balance will become negative.
For easy and better understanding, I have attached an excel sheet.
The answer is approx 75 months.
The opposite of 1/3 is -1/3 and the opposite of -7/12 is 7/12 i hope i helped you