$567.86
The total amount accrued, principal plus interest, with compound interest on a principal of $500.00 at a rate of 4.25% per year compounded 12 times per year over 3 years is $567.86.
Total amount paid if he bought = 6000 + 726(12 x 3) = 6000 + 726(36) = 6000 + 26,136 = 32,136
Total amount paid if he rents = 2000 + 37P, where P is the monthly rent
For renting to be cheaper
2000 + 37P < 32,136
37P < 32136 - 2000 = 30136
P < 30136 / 37 = 814.49
Therefore, the maximum rent he could pay is $814
Answer:
y=-1.5x-4
Step-by-step explanation:
Slope intercept form is y=mx+b
Bring x over to the other side
2y=-8-3x
divide by 2
y=-4-1.5x
y=-1.5x-4 should be your equation in slope-intercept form
Answer:
625/2401
Step-by-step explanation:
5/7 ^ 4 = 5 * 5 * 5 * 5 / 7*7*7*7 = 625/2401
