Answer:
The system of linear equations and the solution for the system is the value. It creates all of the equations true. 2 variables or 2 equations this is the point where the two graphs intersect.
Step-by-step explanation:
Its kina complicated...if you still don't understand don't worry i don't either:/
1. The problem gives the residual value in percentage, and you need it in dollars. So, if the MSRP for the car Jennifer is leasing is $ 17,500, you have:
57%/100=0.57
residual value=$17,500*0.57= $9,975
2. Then, you need to substract the residual value and the lease term, to calculate the value of the car, as below:
car value=$17,500-$9,975=$7,525
3. You need to calculate the money factor, which is the interest rate divided by 2400. Then, you have:
Interest rate=9%/100=0.09
Money factor=0.09x2400
Money factor=0.00375
4. The interest is:
I=($17,500+$9,975)(0.00375)
I=$103.03
5. Therefore, the monthly payment is:
Monthly payment=(car value/36 months)+Interest
Monthly payment=($7,525/36)+$103.03
Monthly payment=$209.02+$103.03
Monthly payment=$312.06
What will Jennifer’s monthly lease payment be?
The answer is: d. $312.06
is median a. 40 )(is min b. 34 )(c. 49 or 48 q3
An exponential decay function goes down to the right, like in the picture attached.
An exponential function follows this format:
, where b is less than 1 and more than 0. b is more than 0 but less than 1 in function A.