Area of rectangle is the multiplication between the sides.
The first rectangle:
A = (2x + 5) . (3x - 2)
A = 2x . 3x - 2 . 2x + 5 . 3x - 2 . 5
A = 6x² - 4x + 15x - 10
A = 6x² + 11x - 10
The second rectangle:
A = (5y + 5) . (2y - 3)
A = 5y . 2y - 3 . 5y + 5 . 2y - 3 . 5
A = 10y² - 15y + 10y - 15
A = 10y² - 5y - 15
We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
