Answer:
$114,000
Step-by-step explanation:
Use formula
where
I = interst
P = principal
r = rate
t = time
First, find the interst for 25 years:
I = unknown
P = $190,000
r = 0.03 (3% as decimal)
t = 25
Now find the interest for 5 years:
I = unknown
P = $190,000
r = 0.03 (3% as decimal)
t = 5
The unpaid balance is
Answer:
x = 2, and 6
x = 2 , 6
Step-by-step explanation:
The quadratic function to analyze is:
In order to find where the corresponding parabola intercepts the x axis, we set it equal to zero (y = 0):
This equation is easy to solve by factoring. We look for a air of integer numbers whose product equals the constant term "12", and whose combinig renders the coefficient of the middle term of the trinomial "-8".
The two such numbers are "-2" and "-6". We use them to split the middle term, and then solve by factoring by grouping:
For the product of two factors to render zero, we need either one to be a zero.This means that (x-2)=0 (that is x = 2), or (x-6)=0 (that is x = 6).
So, there are two x-intercepts: x= 2, and 6