Answer:
$45.22
Step-by-step explanation:
The number of miles per gallon can be represented by the ratio:

Since we know the unit rate of 26 miles per gallon of gas, we can set up a proportion, or equivalent ratios, to find the number of gallons needed for 420 miles:
, where 'x' is the number of gallons of gas
cross-multiply and divide: 26x = 420 or x ≈ 16.15 gallons
If gas is $2.80 per gallon, take the total number of gallons needed and multiply by $2.80:
16.15 x $2.80 = $45.22
Answer:
0.35
Step-by-step explanation:
Ln x=5-2
ln x=3
ln x is base e log x
so,
x=e^(3)
x=20.0855369232
The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50