// Solve equation [1] for the variable x
[1] x = 2y - 1
// Plug this in for variable x in equation [2]
[2] 2•(2y-1) - 5y = -3
[2] - y = -1
// Solve equation [2] for the variable y
[2] y = 1
// By now we know this much :
x = 2y-1
y = 1
// Use the y value to solve for x
x = 2(1)-1 = 1
Here, we are required to find the first term of an arithmetic progression which has a second term of 96 and a fourth term of 54.
- The first term of the progression which has a <em>second term</em> of 96 and a <em>fourth term</em> of 54 is; a = 117.
<em>In Arithmetic progression, the N(th) term of the progression is given by the formular;</em>
T(n) = a + (n-1)d
where;
Therefore, from the question above;
- T(2nd) = a + d = 96..............eqn(1)
- and T(4th) = a + 3d = 54..........eqn(2)
By solving the system of equations simultaneously;
we subtract eqn. 2 from 1, then we have;
<em>-2d = 42</em>
Therefore, d = -21.
However, the question requests that we find the first term of the progression; From eqn. (1);
a + d = 96
Therefore,
Ultimately, the first term of the progression is therefore; a = 117
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Answer:
Step-by-step explanation:
second one
Listed price = $1.4 million
Down payment = 20% of $1.4 million = 0.2 x 1,400,000 = 280,000
Amount left to pay = $1.4 million - 280,000 = $1,120,000
Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / r
where: PV = $1,120,000
r = 5% = 0.05
t = 12
n = 30 years.
1,120,000 = P(1 - (1 + 0.05/12)^-(12 x 30)) / 0.05
1,120,000 x 0.05 = P(1 - (1 + 1/240)^-360)
56,000 = P(1 - 0.2238)
P = 56,000 / 0.7761 = 72,148.83
Therefore, the monthly payment is $72,148.83
Answer:
Step-by-step explanation:
75/4 = 18.75mm
