Answer:x:
y=-5/4
Step-by-step explanation:
Vertex (1,-1)
focus(1,-3/4)
Axis of symmetry(X=1)
<span>1.) Previous balance = 3529.30
APR = 18.6%, thus monthly interest rate = 18.6 / 12 = 1.55%
Previous balance + interest = 3529.30(1 + 0.0155) = 3584.00
New balance after transaction = 3584.00 + 148 = 3732.00
2.) Previous balance = 5834.53
APR = 20.4%, thus monthly interest rate = 1.7%
Previous balance - payment = 5834.53 - 150 = 5680.53
Balance + interest = 5634.53(1 + 0.017) = 5781.17
New balance after transaction = 5781.17 + 325 = 6106.17
3.) Total payment = 15264
Number of payments = 72 monthly payments
Monthly payment = 15264 / 72 = 212
4.) Amount bollowed = 7400 at 7% APR
Amount plus interest = 7400(1 + 0.07) = 7918
Monthly payment = 7918 / 12 = 659.83
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Answer:
y = 7/5x + 4
Step-by-step explanation:
use the slope from the equation -5/7 and take the negative reciprocal to get the perpendicular slope = 7/5. Then use the equation y=mx+b. Plug in x and y from the point given and the new slope and solve for b.
(-3) = (7/5)(-5) + b, (-3) = -7 + b, add 7 to both sides. b = 4. Rewrite the equation now to be y = 7/5x + 4
Answer:
186.66
Step-by-step explanation:
