Answer:
75% for number 2 i think number 3 is 70%
Answer:
Step-by-step explanation:
Incomplete question.
The question is an annuity question with the present value of the annuity given.
The
present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) /
(r/t) where PV = $61,600; r = interest rate = 9.84% = 0.0984; t = number
of payments in a year = 6; n = number of years = 11 years and P is the
periodic payment.
61600 = P(1 - (1 + 0.0984/6)^-(11 x 6)) / (0.0984 / 6)
61600 = P(1 - (1 + 0.0164)^-66) / 0.0164
61600 x 0.0164 = P(1 - (1.0164)^-66)
1010.24 = P(1 - 0.341769) = 0.658231P
P = 1010.24 / 0.658231 = 1534.78
Thus, Niki pays $1,534.78 every two months for eleven years.
The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
For problem 2:
The answer would be B) Car A travels more miles per gallon of fuel than Car B.
This is because Car B is shown on the graph to travel the same number of miles as Car A using 16 gallons of fuel, while Car A uses only 4 gallons. Thus, Car A travels further with less fuel.
For problem 3:
Let's write out the equation and try to solve.
5x + 1 = 3x + 7
First, subtract 3x from both sides.
5x - 3x + 1 = 3x - 3x + 7
2x + 1 = 7
Now, subtract one from both sides.
2x + 1 - 1 = 7 - 1
2x = 6
Finally, divide both sides by 2.
2x/2 = 6/2
x = 3
You should only get B) One solution
Hope that helped!
