The answer is $37,923
<span>y = 844.697x^2 + 3723.485x - 13,650
x - number of years
y - the annual profit
If x = 8, the annual profit y is:
y = </span>844.697 * 8^2 + 3723.485 * 8 - 13,650
y = 844.697 * 64 + 29,787.88 - 13,650
y = 54,060.608 + 16,137.88
y = 37,922.728 ≈ 37,923
Answer:
Annual payument (PMT)= $1,663.19
Step-by-step explanation:
Giving the following information:
Loan (PV)= $250,000
Monthly interest rate (i)= 0.07/12= 0.005833
Number of periods (n)= 12*30= 360 months
<u>To calculate the monthly payment, we need to use the following formula:</u>
Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]
Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]
Annual payument (PMT)= $1,663.19
Answer: 6 x 10^12
Step-by-step explanation:
Move the decimal to the left so there is one non-zero digit number left of the decimal point. This will be the exponent placed on 10
<span>For every car
Mike earns------------------ >$200 plus 3% commission</span>
3 cars-----------------
> $200*3+$32,343*0.03=600+970.29=$1570.29
Total earnings
for a week is $1570.29
