Answer:
7
Step-by-step explanation:
7x + 68 = 2x + 103
Subtract 2x from each side
5x + 68 = 103
Subtract 68 from each side
5x = 35
divide 5 from 35 and you get X = 7
9514 1404 393
Answer:
- to interest: $532.97
- to principal: $54.23
- new balance: $79,891.90
Step-by-step explanation:
The interest is found by multiplying the monthly rate by the balance on the loan. For the first month, the balance is the loan amount.
$79,946.13 × 0.08 ×(1/12) . . . . . one month = 1/12 year
= $532.97
The interest amount in the first payment is $532.97.
__
The amount of the first payment that goes to principal is what is left after the interest is paid:
$587.20 -532.97 = $54.23 . . . amount to principal
__
The new balance is the previous balance less the amount to principal:
$79,946.13 -54.23 = $79,891.90 . . . new balance
Answer:
The slope is 1/3
Step-by-step explanation:
The equation is written in slope-intercept form. This is shown as y=mx+b where m is the slope and b is the y-intercept.
m is 1/3 because of this
Hope this made sense!
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