The slope of the perpendicular line of y=5x would be -1/5, since slopes are always opposite reciprocals when they are perpendicular to each other.
2 - 101
3 - 101
4 - 79
5 - 79
6 - 101
lol hope this helps <33
The amount of money borrowed is $ H
Time for borrowing is 25 years
Amount paid per month M
Amount paid per year 12M
Interest rate paid=I
Let the payment method be simple interest method, then:
I=(PRT)/100
plugging in our values we have:
I=(H×R×M)/100
hence:
I=HRM/100
10.4% as a fraction is 104/1000
