Answer:
4/7 has least common denominator
= 0.5( approx.)
Answer: 122 months.
Step-by-step explanation: The first step is to calculate the minimum monthly payment using the debt balance of $75,000 and 12% APR compounded monthly,which = $75,000 × 12% / 12 = $750 . The second step is to use the same $750 as payment, and using a discount rate of 4%/12, calculate the number of months required to pay off the present value (PV) of $75,000 , which = 122 months.
Y = -4x - 9
The new line has the same slope as the one above, that is - 4
A y intercept means the point (in this case) is 0,3 [The x value is 3]
y = -4x + b Now use (0,3)
3 = 0 + b
b = 3
y = - 4x + 3 is the line you want.
1/4(8-4p) + 2p = 12
Use distributive property by multiplying 1/4 by each term inside parentheses:
2 - p + 2p =12
Combine like terms:
2 + p = 12
Subtract 2 from both sides:
P = 10