Answer:
C. 16 months faster
Step-by-step explanation:
You can solve this using a Financial calculator( TI BA II plus in this case)
First, find number of months if recurring monthly payment is $38.50;
Amount borrowed ; PV = -950
Monthly rate ; I/Y = 7.2%/12 = 0.6%
Monthly payment; PMT = 38.50
Future value ; FV = 0
Total duration; press CPT, N = 26.785 OR 27 months
Next, find number of months if recurring monthly payment is $93;
Amount borrowed ; PV = -950
Monthly rate ; I/Y = 7.2%/12 = 0.6%
Monthly payment; PMT = 93
Future value ; FV = 0
Total duration; press CPT, N = 10.573 OR 11 months
Difference = 27 -11 = 16
Therefore, she would be able to pay off the loan 16 months faster.
The answer is that it is a statistic
<span>x=<span>−<span><span>2<span> and </span></span>y</span></span></span>=<span>−<span>2
</span></span>A.(−2, −2)
Answer:
Step-by-step explanation:
Add 4 to both sides
13 + 4 = w/-3 - 4 + 4
17 = w/-3 Multiply through by -3
17*-3 = -3*(w/-3)
-51 = w
