Answer:
$858
Step-by-step explanation:
You pay for 11 of the 12 months, so the average monthly payment is ...
(11/12)×$936 = $858
The rate of change of the linear relationship is -1.
Explanation:
It is given that there is a linear relationship between all these points, these points lie on a straight line.
The equation to find the slope passing through two points
and
is given by

Substituting the points
and
, we get,

Thus, the slope is -1.
Thus, the rate of change of the linear relationship is -1.
-5|x + 1| = 10
-5 -5
|x + 1| = -2
No Solution
Answer: the interest on the loan is $39.38
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
From the information given,
P = $350
R = 4.5%
There are 12 months in a year. Converting 30 months into years, it becomes
30/12 = 2.5. so
T = 2.5 years
Therefore
I = (350 × 4.5 × 2.5)/100
I = $39.38