The amount of down payment Michelle paid for a dryer of $1,400 at 17% down payment is $238
Given:
Total cost of dryer = $1,400
down payment percentage = 17%
<em>Amount paid for down payment</em> = 17% of $1,400
= 17/100 × 1400
= 0.17 × 1400
= $238
Therefore, the amount of down payment Michelle paid for a dryer of $1,400 at 17% down payment is $238
Learn more about percentage:
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What are the ordered pairs
Start the equation by putting the equations equal to each other 3x+14=7x-10
Next +10 on both sides
3x+14=7x-10
+10 +10
You are left with 3x+24=7x
because the 10's canceled each other out.
Next -3x on both sides
3x+24=7x
-3x +3x
You are left with 24= 10x
because like before the 3's canceled each other out
Now you will divide both sides by 10
24=10x
---- -----
10 10
2.4= X is the answer!
Answer:
Good morning.
Step-by-step explanation:
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Answer:
so rate is 4.72 %
Step-by-step explanation:
Given data
time (t) = 5 year = 5×4 = 20 quarterly
amount = $27456
principal = $1225
to find out
interest rate (r)
solution
we use here amount formula that is
amount = principal (
-1 ) / r .....................1
put all value principal , amount and time in equation 1 and we get rate
rate is r/4 because it is quarterly payment
amount = principal (
-1 ) / r/4
27456 = 1225 (
-1 ) / r/4
(
-1 ) / r/4 = 27456/ 1225
(
-1 ) / r = 27456/ (1225 × 4)
(
-1 ) = r 27456/ (1225 × 4)
now by the tvm solver and amount $27456
graph value
we get r = 0.0472
so rate is 4.72 %