Answer:
144
Step-by-step explanation:
Answer:
Step-by-step explanation:
<u>Given</u>
- Monthly payment P = $300
- Time t = 3 years = 36 months
- Number of payments n = 36
- Interest rate r = 12% PA = 1% per month = 0.01 times
<u>Use loan payment formula:</u>
- P = r(PV) / (1 - (1 + r)⁻ⁿ),
- where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments
<u>Substitute values and solve for PV:</u>
- 300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)
- PV = 300*(1 - 1.01⁻³⁶ )/ 0.01
- PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)
Answer:
Week 1 Day 7
Week 2 Day 14
Week 4 Day 28
Week 8 Day 56
Week 10 Day 70
Let x represent the number of weeks
Let y represent the number of days
Use the ratio of the constant of proportionally in the equation y =kx
y = 14/7x
y = 2x
Step-by-step explanation:
Answer:
2.236
Step-by-step explanation:
Answer:
The perpendicular line is:
y = 1/3 x + 2/3
Step-by-step explanation:
The given equation can be reduced to its slope-intercept form as shown below:
3x + 9y = 8y - 2
subtract 8 y from both sides
3 x + y = -2
subtract 3 x from both sides
y = - 3 x -2
therefore we know that the slope of this line is -3, and then, a perpendicular line to it must have slope given by the "opposite of the reciprocal" of this slope. That is, the slope of any perpendicular line to this one must be: 1/3
We use this slope to find the equation of the line passing through the point (13. 5)
y = 1/3 x + b
passing through (13, 5) means:
5 = 1/3 (13) + b
therefore, we can find b from the above equation
b = 5 - 13/3 = 15/3 - 13/3 = 2/3
Then the equation of this perpendicular line is:
y = 1/3 x + 2/3