Y=.25x+176.10 Y is the monthly cost and B would be the cost of the insurance every month. X is the amount of miles driven since the .25 stays constant but the amount of miles you drive in a month is different every month, Hence, needs to be a variable that can be adjusted,
615.44 = (3.14)(radius)^2
<span>radius = square-root of (615.44/3.14) </span>
<span>diameter = radius x 2 </span>
<span>diameter = 28 inches
3.14
</span>
This question had the following choices:
<span>A) $223,884.91
B) $226,753.98
C) $229,679.66
D) $234,068.73</span>
I used the Online Balloon Payment Loan Calculator and got this amount $226,753.92. This is nearest to Choice B.
For manual computation, use this formula in the 2nd attachment.
B is the correct answer
C and D would be incorrect as 7 and 15 multiplies to 105 not 115
A is incorrect as -5 and -15 make a positive 75 not a negative 75