Answer:
% of increase = 2.5%
Explanation:
The percentage of increase can be calculated using the following rule:
% of increase = (amount of increase / original amount) * 100
where:
amount of increase = new price - old price = 2.89 - 2.82 = $0.07
original amount = $2.82
Substitute in the equation to get the percentage of increase as follows:
% of increase = (0.07 / 2.82) * 100 = 2.4822 % which is approximately 2.5% to the nearest tenth
Hope this helps :)
P=principal, n=360 months, i=0.067/12 monthly
The equal monthly payments are:
=0.0064527798P
Future value of principal after 29 months
F=P(1+i)^29=P(1+0.067/12)^29=1.1752328813 P
Future value of payments after 29 months
=0.2025204525P
Amount owing after 29 months
=1.1752328813 P - 0.2025204525P
=0.9727124288P
Amount of principal repaid
= P-0.9727124288P
= 0.0272875712P
Portion of payment towards capital (current dollars)
= 0.0272875712P / (29A)
= 0.0272875712/0.1871306136
= 0.14582, or 14.6%
165×((1−(1+0.033÷12)^(−12
×30))÷(0.033÷12))=37,675.08..wrong
145×((1−(1+0.033÷12)^(−12
×30))÷(0.033÷12))=33,108.40..wrong
185×((1−(1+0.033÷12)^(−12
×30))÷(0.033÷12))=42,241.76..wrong
155×((1−(1+0.033÷12)^(−12
×30))÷(0.033÷12))=35,391.75..correct
B. If Eduardo's monthly payment were $155, the amount of the loan that he is considering taking out would be less than $39,958.42
First, you just need to disregard the greater than sign because these types of equation is solved the same way as those with equals (=) sign in the middle. So when y=6,
First you need to substitute y=6 to the y in 3y
3(6)>2x
By multiplying,
18>2x
By dividing both sides of the equation by 2
18/2 > 2x/2
9>x
However if you want to transpose x to the left side of the equation, you also need to reverse the sign to <
Which means
X<9
mark yes to:
The age of people entering
heights of people entering
The gallons of milk sold