Answer:
∴ Constant of Proportionality is 32
Step-by-step explanation:
Here Given;
(equation-1)
(equation-2) (divide with 'g' on both side)
We know,
The Constant of Proportionality equation is given;
(equation-3)
Where 'k' is known as Constant of Proportionality.
Comparing equation-1 and equation-3;
and
Now equation-2 become;
Plug and
in above equation;
(equation-4)
By comparing equation-2 and equation-4;
So Constant of Proportionality is 32
Answer:
The answer is below
Step-by-step explanation:
The formula m = (12,000 + 12,000rt)/12t gives Keri's monthly loan payment, where r is the annual interest rate and t is the length of the loan, in years. Keri decides that she can afford, at most, a $275 monthly car payment. Give an example of an interest rate greater than 0% and a loan length that would result in a car payment Keri could afford. Provide support for your answer.
Answer: Let us assume an annual interest rate (r) = 10% = 0.1. The maximum monthly payment (m) Keri can afford is $275. i.e. m ≤ $275. Using the monthly loan payment formula, we can calculate a loan length that would result in a car payment Keri could afford.
The loan must be at least for 5.72 years for an annual interest rate (r) of 10%