The answer is x=2 that is the answer
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>
Step 1
<u>Find the value of x</u>
we know that
-------> by corresponding angles, because the given lines are parallel
Solve for x
Step 2
<u>Find the value of y</u>
we know that
substitute the value of x and solve for y
therefore
<u>the answer is the option B</u>
