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Paladinen [302]
3 years ago
9

Stop giving me links and HELP ME. I will mark BRAINLIEST

Mathematics
1 answer:
Vadim26 [7]3 years ago
3 0

Answer:

y = 3

Step-by-step explanation:

substitute the x in 2x - y = 7 by x = 3y - 4 and then solve

2(3y - 4) - y = 7

<em>Distribute the 2 into the parenthesis</em>

6y - 8 -y = 7

<em>combine like terms</em>

5y - 8 = 7

<em>add 8 on both sides</em>

5y = 15

<em>divide by 5 on both sides to isolate the y-value</em>

y = 3

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Option C

Monthly loan payment is $ 93.33

<em><u>Solution:</u></em>

From given question,

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Down payment = $ 1000

<em><u>Hence net principal is given as:</u></em>

net principal = p = $ 3000 - $ 1000 = $ 2000

p = $ 2000

The bank approved a simple interest flat rate loan for 2 years at 6% APR

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<em><u>Let us first calculate the simple interest</u></em>

The formula for simple interest is given as:

\text{ simple interest } = \frac{ p \times n \times r}{100}

Substituting the given values,

\text{ simple interest } = \frac{ 2000 \times 2 \times 6}{100}\\\\\text{ simple interest } = 20 \times 2 \times 6 = 240

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\text{ Monthly loan payment } = \text{ Total amount payable } \div 24

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