Estimate : 23 × 67
20 (lower down, lower than 5...the last digit) × 70 (Higher, higher than 5)
=20×70
=1400
The estimated value will be 1400
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: 2x + y < 7
Step-by-step explanation:
In the graph we can see that:
The line is a dashed line, and the shaded area is below the dashed line, then we will have something like:
y < a*x + b
We also can see that the slope of the line is negative, and that the y-intercept is +7
Then the inequality will be something like:
y < a*x + 7
Now we can see that the line passes through the points (0, 7) and (3, 1)
Then the slope will be:
a = (1 - 7)/(3 - 0) = -6/3 = -2
that is negative, as we already said.
Then we have:
y < -2*x + 7
we can rewrite this as:
2x + y < 7
This is the first solution shown.