For the function, f(x) =1/4 x - 2, find x if f(x) = -1.
2 answers:
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<h3>Answer:</h3>
$26,870.12
<h3>Explanation:</h3>A financial calculator can tell you the future value (remaining balance) of the loan after 60 payments is $17930.12. The 60 payments total ...
... $149×60 = $8940
so the total amount paid for the vehicle is ...
... $8940 +17930.12 = $26,870.12
_____
The attachment shows the calculation of the remaining balance added to payments made to get to that balance. Negative amounts are amounts paid.
Answer:
Step-by-step explanation:
We can plug this into a formula and get
the .9075 comes from 1 - the depreciation value of 9.25% which converts to .0925 in decimal form.
? is what we are trying to solve for.
We can divide both sides by 19,700 and we get
so ? is about 13.