Answer:
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Step-by-step explanation:
The answer to 5,22 as a fraction is 5/22
Answer:
if an equation has the same slope and y intercept the equations will have infinite many solutions. If both equations have the same slope but different y intercept the equations will have no solutions. if both equations are positive or negative and have different slopes and different y intercepts then they will most likely have one solution. (example: y=-2x+3 and y= -4x+4, both slopes are negative so there will be one solution, same goes for if both slopes are positive.
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The amount of interest paid on the car loan for the first 12 months would be $ 453,075.
Given that Melanie wants to purchase a car that costs $ 43,150, and she has decided to make a 20% down payment, and her bank offers her a 48-month loan at a 5.25% interest rate, to determine what is the amount of interest paid on the car loan for the first 12 months the following calculation must be performed:
- (43,150 x (1 - 0.20)) x 0.0525 = X
- 43,150 x 0.8 x 0.0525 = X
- 34,520 x 0.0525 = X
- 1,812.3 = X
- 1,812.3 / 48 x 12 = X
- 37.75625 x 12 = X
- 453.075 = X
Therefore, the amount of interest paid on the car loan for the first 12 months would be $453,075.
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