Creditor 3 should receive only the minimum payment of $25. In the avalanche method, the debtor pays only the minimum payments, then pays the rest of their money to the creditor with the highest interest rate. Creditor 2 has the highest interest rate.
Answer:
24
Step-by-step explanation:
When you are finding a percent of something, you need to move the decimal over to the left twice in the percentage. Like this:
20% = .20
Then, just multiply that by the number you are trying to find the percent of.
.20 x 120 = 24
Answer:
I believe it's the first one
Slope-intercept form: y = mx + b, where m is the slope and b is the y-intercept.
First, find slope using the given coordinates. Formula for slope: y₁ - y₂ / x₁ - x₂.
Our coordinates are (-2, 5) and (2, -7). Plug them in and simplify.
5 - (-7) / -2 - 2
5 + 7 / -4
12/-4
-3
The slope is -3. The equation becomes y = -3x + b.
To find b, plug an (x, y) coordinate on the line in for x and y in the equation and solve. I'll use (-2, 5)
y = -3x + b
5 = -3(-2) + b
5 = 6 + b
-1 = b
The y-intercept is (0, -1). The equation can now be completed!
<h3>
Answer:</h3>
y = -3x - 1