Answer:
F = $13,802.31
she can finance $13,802.31 with this loan.
Step-by-step explanation:
Given;
Rate r = 7% = 0.07
Time t = 4 years
Payment per month MP = $250
Number of months per year n = 12
This can be solved using compound interest for future value series formula;
F = future value
F = MP(((1 + r/n)^(nt) - 1)/(r/n))
Substituting the given values, we have;
F = $250(((1 + 0.07/12)^(12×4) - 1)/(0.07/12))
F = $13,802.31
that's all , all the best
When put in matrix form, the coefficients of
... 3x -2y = 7
... x + 4y = 2
look like
![\left[\begin{array}{cc}3&-2\\1&4\end{array}\right]](https://tex.z-dn.net/?f=%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bcc%7D3%26-2%5C%5C1%264%5Cend%7Barray%7D%5Cright%5D%20%20)
The determinant is 3×4 - 1×(-2) = 14.
1- compares data in categories
2-used to see trends
3- shows changes over time
4- shows the frequency of data
5- organises data into 4 groups of equal size
69×2 [8+12-10×2+ (7-5) -1] -6
69×2 [8+12-10×2+2-1] -6
69×2 [8+12-20+2-1] -6
69×2 [20-20+2-1] -6
69×2 [0+2-1] -6
69×2 [1] -6]
138 [1] -6
138-6
132
I believe this is ur answer.
