Answer:
Norton's
Step-by-step explanation:
Suppose that the down payment of Mazzeo's store = 1/3 on all installment purchases
Whereas Norton's depot required 30% down payment on installment purchases.
1/3 is fractional value of 33.33%.
therefore, Norton's Store's down payment rate is lower than that of Mazzeo's store.
Answer:
Hope this helps!
Step-by-step explanation:
We will need the loan payment formula:
That formula is really complex and we expect you to solve it.
Your monthly payment would be $1.93 per month for 6 years making the TOTAL loan cost 1.93 * 12 * 6 = 138.96
Since the principal you borrowed is $120 the total interest =
(138.96 minus 120.00) which equals $18.96
Answer:
DWAFECGSAD
Step-by-step explanation:
EWAFGSEE
Answer:
C .The initial amount of money placed in the savings account
Step-by-step explanation:
f(x) = 3,267(1 + 0.02)^x
This is in the form
y = a b^x
where a is the initial amount
b is the growth rate
x is the time
3267 is the initial amount
1.02 is the growth rate, so it grows by .02 or 2 percent
and x is the time
Answer:
a. y^ -1 = e^x +2
Step-by-step explanation:
y = ln (x-2)
Exchange x and y
x = ln (y-2)
Solve for y
Raise each side with a base of e
e^ x = e^(ln(y-2)
e^x = y-2
Add 2 to each side
e^x +2 =y