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Arisa [49]
3 years ago
6

Asaph took out a loan for $17,550. To pay it back, he will make 60 monthly payments of $437.

Mathematics
2 answers:
alexira [117]3 years ago
7 0
Total payments 437×60=26,220
Interest paid
26,220−17,550=8,670
lilavasa [31]3 years ago
7 0

Answer:

The amount Asaph pay in interest= $ 8670

Step-by-step explanation:

The amount of interest one pay in interest is equal to the total amount he has paid minus the amount of loan he took.

Since, the interest is the extra amount  charged by a person or by an organisation from someone who takes a loan.

It is given that:

Asaph took out a loan for $17,550.

To pay it back, he will make 60 monthly payments of $437.

Total amount he pays= $ (437×60)=$ 26220.

Hence, the amount Asaph pay in interest= $ 26220-$ 17550

                                                                    = $ 8670

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The Fall Festival charges $0.75 per ticket for the rides. Kendall bought 18 tickets for rides and spent a total of $33.50 at the
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<u>Part (a)</u>

The variable y is the dependent variable and the variable x is the independent variable.

<u>Part (b)</u>

The cost of one ticket is $0.75. Therefore, the cost of 18 tickets will be:

0.75\times 18=13.5 dollars

Now, we know that Kendall spent her money only on ride tickets and fair admission and that she spent a total of $33.50.

Therefore, the price of the fair admission is: $33.50-$13.50=$20

If we use y to represent the total cost and x to represent the number of ride tickets, the linear equation that can be used to determine the cost for anyone who only pays for ride tickets and fair admission can be  written as:

y=0.75x+20......Equation 1

<u>Part (c)</u>

The above equation is logical because, in general, the total cost of the rides will depend upon the number of ride tickets bought and that will be 0.75x. Now, even if one does not take any rides, that is when x=0, they still will have to pay for the fair admission, and thus their total cost, y=$20.

Likewise, any "additional" cost will depend upon the number of ride tickets bought as already suggested. Thus, the total cost will be the sum of the total ride ticket cost and the fixed fair admission cost. Thus, the above Equation 1 is the correct representative linear equation of the question given.

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Answer:

X = 2?

Step-by-step explanation:

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