We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
X * 0.09 + (18000-x)*0.19= 3000
x*(-0.1) + 3420 = 3000
x = -420/(-0.1)
x = 4200
The bank loaned out $4,200 at 9%
The slope for a line that's perpenficular is the resepical of each other
Ex. Slope: -2 Perpendicular Slope to 1st Line: \frac{1}{2}
so the perpendicular slope to 7/8 is -8/7
for y-intersecpt i would go on desmos(graping calculator website) and type in the equation y=-8/7x+b
Use the slider, and it you give you... You can't find the whole equation (y=mx+b). Because as long as the line has the slope of -8/7 it's perpenicular.
Did the problem tell you anything about a point that this new line goes through? Or no?
We first find out time taken to travel for just 1 km
2hrs is equivalent to 120 minutes
120 km = 120 min
1 km = x (where x is the time taken to travel 1 km).
we simplify the equation by cross - multiplying the equation , so:
120 × x = 1 × 120 → 120x = 120 → x = 120/120 → x = 1
So the car covers 1km in 1 minute
For 300 km the car will take 300 × 1 minute = 300 minutes
we convert minutes to hours by dividing by 60 → 300 / 60 = 5
Therefore the car will take 5 hours to cover 300 km.
=-20
