If you borrowed $100, then your monthly payment is $2.44
If you borrowed $200, then your monthly payment is 2*2.44 = 4.88
etc etc
We can set up a proportion
2.44/100 = x/13300
to figure out the monthly payment x. Cross multiply and solve for x
2.44*13300 = 100*x
100x = 2.44*13300
100x = 32452
x = 32452/100
x = 324.52
So the monthly payment is $324.52
An alternative way to get this monthly payment is to apply 2.44% to 13300, which is another way to view the phrase "monthly payment per $100 is 2.44"
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There are 48 months in 4 years (start with 12 mon = 1 yr, then multiply both sides by 4) so we multiply 48 by the monthly payment to get the result 48*324.52 = 15,576.96. This is the total amount you have to pay back which is the principal plus interest.
Subtract off the principal (amount borrowed) to find the interest or finance charge: 15,576.96 - 13,300 = 2,276.96
Answer: Choice B
Answer:
All
Explanation:
When an equation is in the form of y=kx, it displays direct variation, meaning that the y-intercept is 0. For example, take an equation in slope-intercept form, it has an equation of y=mx+b. Since there is no "b", in the form y=kx, that means that the line must pass through the origin, or (0,0)
Answer:
(A) dependent variable
(B) Dependent variable
(C) independent variable
(D) independent variable
Step-by-step explanation:
F(x) is equivalent to y, so the first two equations are saying y+3 and y-3
The last two equations are saying y=x+3 and y=x-3
Answer:
should be (4a-5)x(4a+5)
Step-by-step explanation:
