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earnstyle [38]
2 years ago
12

Beth owes 17,000 on her loan. The interest rate on her loan is 4.25%. She will be paying this loan off for 4 years. How much wil

l Beth pay altogether
Mathematics
1 answer:
alekssr [168]2 years ago
4 0

Answer:

She has to pay $20078.7 amount.

Step-by-step explanation:

Given : Beth owes 17,000 on her car loan. The interest rate on her loan is 4.25% She will be paying this loan off for 4 years.

To find : How much will she pay altogether?

Solution :

Using compound interest formula,

A = P(1 + r)

Where A is the amount

P is the principle P=17,000

P is the rate r=4.25%=0.0425

t is the time t= 4 years

Substitute the value,

Therefore, She has to pay $20078.7 amount.        

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Answer:

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Step-by-step explanation:

You want to find the equation for a line that passes through the two points:

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y = mx+b

Where:

m is the slope, and

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First, let's find what m is, the slope of the line...

The slope of a line is a measure of how fast the line "goes up" or "goes down". A large slope means the line goes up or down really fast (a very steep line). Small slopes means the line isn't very steep. A slope of zero means the line has no steepness at all; it is perfectly horizontal.

For lines like these, the slope is always defined as "the change in y over the change in x" or, in equation form:

So what we need now are the two points you gave that the line passes through. Let's call the first point you gave, (0,2), point #1, so the x and y numbers given will be called x1 and y1. Or, x1=0 and y1=2.

Also, let's call the second point you gave, (-4,0), point #2, so the x and y numbers here will be called x2 and y2. Or, x2=-4 and y2=0.

Now, just plug the numbers into the formula for m above, like this:

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So, we have the first piece to finding the equation of this line, and we can fill it into y=mx+b like this:

y=1/2x+b

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To find b, think about what your (x,y) points mean:

(0,2). When x of the line is 0, y of the line must be 2.

(-4,0). When x of the line is -4, y of the line must be 0.

Because you said the line passes through each one of these two points, right?

Now, look at our line's equation so far: y=1/2x+b. b is what we want, the 1/2 is already set and x and y are just two "free variables" sitting there. We can plug anything we want in for x and y here, but we want the equation for the line that specfically passes through the two points (0,2) and (-4,0).

So, why not plug in for x and y from one of our (x,y) points that we know the line passes through? This will allow us to solve for b for the particular line that passes through the two points you gave!.

You can use either (x,y) point you want..the answer will be the same:

(0,2). y=mx+b or 2=1/2 × 0+b, or solving for b: b=2-(1/2)(0). b=2.

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