Step-by-step explanation:
X Y
-5 45
-4. 32
-3. 21
-2. 12
-1. 5
0 0
1. -3
2. -4
3. -3
4 0
5 5
Please help i am desperate.
2 answers:
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Begin by subtracting 1/8 from both sides to get 
and get a common denominator of 8 on the right:
. Now simplify and cross-multiply: 39x = -16 andx = -16/39
The answer & explanation for this question is given in the attachment below.
Answer:
6.9%
Step-by-step explanation:
Interest rate is the one variable in an amortization formula that cannot be determined explicitly. An iterative solution is required, which means the computation must be done by a calculator, spreadsheet, or web site.
My TI-84 TVM Solver tells me that for the given loan amount and payment schedule, the APR is about 6.9%.
