The answer that I got was 4 for the interquartile range of the numbers. hope this helped and let me know if the answer is correct.
In an installment loan, a lender loans a borrower a principal amount P, on which the borrower will pay a yearly interest rate of i (as a fraction, e.g. a rate of 6% would correspond to i=0.06) for n years. The borrower pays a fixed amount M to the lender q times per year. At the end of the n years, the last payment by the borrower pays off the loan.
After k payments, the amount A still owed is
<span>A = P(1+[i/q])k - Mq([1+(i/q)]k-1)/i,
= (P-Mq/i)(1+[i/q])k + Mq/i.
</span>The amount of the fixed payment is determined by<span>M = Pi/[q(1-[1+(i/q)]-nq)].
</span>The amount of principal that can be paid off in n years is<span>P = M(1-[1+(i/q)]-nq)q/i.
</span>The number of years needed to pay off the loan isn = -log(1-[Pi/(Mq)])/(q log[1+(i/q)]).
The total amount paid by the borrower is Mnq, and the total amount of interest paid is<span>I = Mnq - P.</span>
Rates like $ per channel is a slope, "m". The added fee is a constant so it's the intercept "b".
y = mx + b
So for the first problem (9)
(a)
y = total cost in dollars
x = number of premium channels
y = 16x + 44
(b) when x = 3 channels
y = 16(3) + 44
y = 92 $
the second problem (10)
(a) every 4 years the tree grows by 12-9=3 ft
So the unit rate or slope will be 3 ft per 4 yrs, (3/4). You can see this also by solving for slope "m" using the given points (4,9) and (8,12).
x = number of years
y = height of tree in ft
y = (3/4)x + b
use one of the points to find the y-intercept "b".
9 = (3/4)(4) + b
9 = 3 + b
9 - 3 = b
6 = b
y = (3/4)x + 6
(b) when x = 16
y = (3/4)(16) + 6
y = 12 + 6
y = 18 ft
Answer:
ans=132
Step-by-step explanation:
