Using simple interest, it is found that:
- The total amount paid was of $7,084.8.
- The finance charge was of $584.8.
- The simple interest rate was of 3%.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of interest after t years in is modeled by:
In which:
- r is the interest rate, as a decimal.
In this problem, the amount paid was of 36 monthly payments of
$196.80, hence:
36 x 196.80 = $7084.8.
The total amount paid was of $7,084.8.
The original price is of $6,500, hence the finance charge was of:
7084.8 - 6500 = $584.8.
For interest, we have that:
, hence:
The simple interest rate was of 3%.
More can be learned about simple interest at brainly.com/question/25296782
21
18=0.86x - 0.09 Put 18 as the y value and solve for x
18.09=0.86x Add 0.09 on both sides.
21.03=x Then divide on both sides by 086
1 years is $5200
2 years is $5408
3 years is $5624.32
4 years is $5849.29
5 years is $6083.26
Step-by-step explanation:
Putting both functions into a graphing calculator, we can easily find the domain and range. (attatched)
By looking at the graph, we can tell that f(x) is a quadratic function because of the symmetry. We can also tell that it never goes below 4. Knowing this, we can determine the domain and range.
Domain: {x | all real numbers}
Range: {y | y > 4}
By looking at the graph, we can tell that g(x) is an exponential function because it has a curve, and never goes below the x. Knowing this, we can determine the domain and range.
Domain: {x | all real numbers}
Range: {y | y > 0}
Answer: C= -10
Step-by-step explanation: First step: simplify both sides of the equation
3c−2(c+10)=7c−5(c+2)
3c+(−2)(c)+(−2)(10)=7c+(−5)(c)+(−5)(2) (Distribute)
3c+−2c+−20=7c+−5c+−10
(3c+−2c)+(−20)=(7c+−5c)+(−10) (Combine Like Terms)
c + -20 = 2c - 10
c - 20 = 2c - 10
Step 2: Subtract 2c from both sides
c - 20 - 2c = 2c -10 - 2c
−c−20=−10
Step 3: Add 20 to both sides
−c−20+20=−10+20
−c=10
Step 4: Divide both sides by -1
-c/-1 = 10/-1
C=-10
