The monthly payment for loans with no fees is expressed by a formula. The monthly payment equation is expressed as:
P = (P° x r x (1+r)^N) / ((1+r)^N -1)
<span>where P is the monthly payment, P° is the loan amount, r is the APR, N is the number of monthly payments
We substitute the values and manipulate where one side contains the unknown term r.
</span><span>27.50/835 = ( r x (1+r)^36) / ((1+r)^36 -1)
</span>
Using some functions in the calculator we obtain,
r = 9.51 x 10^-3
Thus, the problem above has an APR of 0.95% monthly.
10 1/2 + 9 3/8 + 7 5/6 = 27 17/24 hot dogs
Answer is A
Answer:
I really do love this type of questions....but in here it seems that the question in either incomplete or the answers are mixed...cause the DATA'S showing 8 digits while THE AGE OF PEOPLE is showing 7 digits
Let's make our equation in the form of y = mx + b
<span> 2x – 6y = 9
Add 6y on both sides
2x = 6y + 9
Subtract 9 on both sides
6y = 2x - 9
Divide 6 on both sides
y = 1/3 - 3/2
Now, we have it in the form of y = mx + b
In y = mx + b, m is the slope and b is the y-intercept
That means in y = 1/3 - 3/2, the slope is A) 1/3.
Your answer is A) 1/3</span>
Vas happenin
Hope your day is going well
Slope equation is y2-y1/x2-x1
Y2= 6
Y1= -5
X2 = -1
X1 = -3
6 - -5/ -1 - -3
11/2 is the fraction
Decimal form 0.18
Hope this helps *smiles*
Sorry if this is wrong