Answer:
$11,130.47
Step-by-step explanation:
The amortization formula can be used. It tells you the monthly payment amount A for some principal P, interest rate r, and n payments.
A = P(r/12)/(1 -(1 +r/12)^(-n))
Filling in your values, we get ...
200 = P(.03/12)/(1 -(1 +.03/12)^-60) = P(.0025)/(1 -1.0025^-60)
P = 200(1 -1.0025^-60)/.0025 ≈ 200×55.6523577
P ≈ 11,130.47
The present value of the loan is $11,130.47.
Answer: 1- quadrant 1 or top right
2- quadrant 4 or bottom right
3-quadrant 3 or bottom left
Answer:
Step-by-step explanation:
The recursive rule is given by;
a = r .an-1 where n is the number of terms.
Given the sequence: -64, -16, -4 , -1, ....
This sequence is a geometric sequence with common ratio (r) = 1/4
Here, first term a1 = -64
Since,
\frac{-16}{-64} = \frac{1}{4}
\frac{-4}{-16} = \frac{1}{4} and so on....
The recursive rule for this sequence is;
an = 1/4*an-1
Answer:
- 3x + 6 = 12; Distributive Property
Step-by-step explanation:
<u>The next step is:</u>
- 3*x + 3*2 = 12
- 3x + 6 = 12
This is a distributive property
Correct choice is A
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