Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
Answer:
= 5x -10
Step-by-step explanation:
=(3)(3x)+(3)(−4)+(−2)(2x)+(−2)(−1)
=9x+−12+−4x+2
Combine Like Terms:
=9x+−12+−4x+2
=(9x+−4x)+(−12+2)
=5x+−10
Answer:
I'm not sure.
Step-by-step explanation:
