The monthly interest payment is 162
<h3>What is Interest?</h3>
Interest, in its most simple form, is calculated as a percent of the principal.
First,
monthly interest rate,
= 0.24/12
= 0.02.
Now,
Average monthly interest,
=0.02×$675
= $13.50.
Thus, the annual interest payments,
= 12×$13.50
= $162
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Answer:
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Step-by-step explanation:
Answer:
Domain- the set of possible values of the independent variable or variables of a function.
Range- the set of values that a given function can take as its argument varies.
<span>8(j-4)=2(4j-16)
8j - 32 = 8j - 32
Since both sides are equal, there are is an infinite number of solutions.
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