The answer is 5/2. The equation is already in point slope form. If you recall, the equation for point slope form is y-y1 = m(x-x1) where y1 and x1 are points on the graph, and m is the slope. In the given equation, m is 5/2 so we know it is the slope.
Alternatively, if you are not familiar with the point slope for equation, you can manipulate the equation to the form of y=mx+b where m is the slope and b is the constant. If you solve for y, you get y=5/2x-1 since 5/2 is in the place of m, we know 5/2 is the slope.
Answer : A
To solve this all you have to do is use substitution.
Your answer is highly correct
The amount of interest paid on the car loan for the first 12 months would be $ 453,075.
Given that Melanie wants to purchase a car that costs $ 43,150, and she has decided to make a 20% down payment, and her bank offers her a 48-month loan at a 5.25% interest rate, to determine what is the amount of interest paid on the car loan for the first 12 months the following calculation must be performed:
- (43,150 x (1 - 0.20)) x 0.0525 = X
- 43,150 x 0.8 x 0.0525 = X
- 34,520 x 0.0525 = X
- 1,812.3 = X
- 1,812.3 / 48 x 12 = X
- 37.75625 x 12 = X
- 453.075 = X
Therefore, the amount of interest paid on the car loan for the first 12 months would be $453,075.
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It's 8.92•10 to the power of 9