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ruslelena [56]
2 years ago
6

Jasmine is taking out a small business loan for her floral shop. She plans to apply for a $30,000 loan with a 5-year term and a

3.75% interest rate. She is unsure of her expected monthly profits, so she wants to know the benefit of a smaller loan. Using the loan amortization formula, how much money would Jasmine save over the life of the loan if she were to borrow $10,000 less?
Mathematics
1 answer:
navik [9.2K]2 years ago
6 0

Answer:

Monthly pay = int. rate / 12 months * cost of car after downpayment / (1-(1+ int. rate/12 months)^( - term length of loan )

Step-by-step explanation:

Just plug in your numbers:

M = 0.0375/12 * 30000/(1-(1+.0375/12)^60)

since 5 years is 60 months

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Solve the system of equations below by graphing. x^2-2x+y-3=0 x2+y=0 What is the solution rounded to the nearest hundredth? (–2.
Olin [163]

Answer:

(-1.5,-2.25)

Step-by-step explanation:

The first function is x^2-2x+y-3=0.


We make y the subject of this function to obtain,

y=3+2x-x^2.

This is graph will open downwards because a=-1\:.


At  y-intercept of this graph, x=0.


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\Rightarrow y=3


The y-intercept is (0,3).


At x-intercept y=0.


0=3+2x-x^2


0=(x+1)(x-3)


\Rightarrow x=-1,x=3.


The x-intercepts are,

(-1,0),(3,0)

Also the vertex form of the function is,

y=-(x-1)^2+4.


Therefore the vertex of the parabola is (1,4).


We plot all the points obtained and draw a smooth curve to obtain the curve as show in the diagram.


The second function is

x^2+y=0


\Rightarrow y=-x^2


This is the graph of the basic quadratic function y=x^2 that has been turned upside down.

This graph also has the vertex,y-intercept and x-intercept all at (0,0).


We now graph this too on the same graph sheet as the first one to obtain the blue graph as shown in the diagram.


These two graphs intersect at the point, (-1.5,-2.25).


Therefore the correct answer is B






3 0
2 years ago
For the graph x = -42 find the slope of a line that is perpendicular to it and the slope of a line parallel to it. Explain your
tamaranim1 [39]
X - 42 is a straight vertical line passing through  -42 on the x-axis ( point -42,0)
so the slope is infinite .
Another line with same slope  and parallel to it would be x = 36.

A horizontal like with slope 0  is perpendicular to it  It would have equation y  any number  so y = 6 would be an example.
7 0
3 years ago
Amanda used 45 ounces of sugar to make 75 cupcakes. How many ounces of sugar will be used to make 255 cupcakes?
SVETLANKA909090 [29]
153oz.

Explanation:

First divide 75 by 45 to get 1⅔. This is the ratio of sugar to cupkakes.

Next take 255 and divide by 1⅔ and you get 153 oz of sugar.

Hope this helps!
7 0
3 years ago
Read 2 more answers
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DENIUS [597]
1) Find g (4) by substituting 4 in place of x in g (x).
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Answer:

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Step-by-step explanation:

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1 year ago
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