Answer:
Interest Charged = $80
Total payback = $480
Step-by-step explanation:
According to the scenario, computation of the given data are as follows,
Present Value (PV) = $400
Time period (n) = 4 years
Interest rate (r) = 5%
So, we can calculate the future value(FV), by using following formula,
FV = PV ( 1 + n × r)
By putting the value, we get
FV = $400 ( 1 + 4 × 0.05)
= $480
Hence total amount she has to pay back = $480.
Interest charged = FV - PV
= $480 - $400
=$80
Answer:
Step-by-step explanation:
fhjs
Perpendicular lines have slopes that are negative reciprocals of one another.
slope intercept form (y = mx + b) of the first equation will help us find the slope of the first line: where m = slope
5x-4y=10
-4y=-5x + 10
y=-5/-4 x + 10/-4
y=5/4 x -2.5
if the slope of this line is 5/4 then the slope of the perpendicular line is -4/5.
Therefore with the given information we can state the equation of the second line in point slope form (y-y,) = m(x-x,)
the coordinates of (5,12) can are substituted for x, and y,
so the answer is
(y-12) = -4/5(x-5)
I hope this helped and is BRAINLIEST!
Good luck with your studies!
Answer:
c
Step-by-step explanation:
Calculate the slope m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (- 8, - 3) and (x₂, y₂ ) = (2, 3)
m =
=
=
→ c
Answer:
$ 746.16
Step-by-step explanation:
MONTHLY interest = .0335/4
4 years = 48 months
500 ( 1 + .0335/4)^48 = 746.16