Starting from a parent function , if you add a constant to the whole function, i.e. you perform the transformation
you shift the graph of the parent function by units, upwards if
is positive, downwards otherwise.
In this case, so, you're shifting, the graph of 5 units upwards. Since the parent function passes through the point
, because
, the shifted graph mantains the same
coordinate, but the
coordinate is increased by 5, because of the 5 units upwards shift.
Answer:
value of buyout is $4185.74
Step-by-step explanation:
given data
car worth = $25077
down payment = $3560
monthly payment = $336 = 336 × 6 = $2016 per semi annually
time = 5 year = 10 half yearly
rate = 4.04 %
to find out
value of final buyout
solution
we know here loan amount will be 25077 - 3560 = $21517
and we find present value first by formula that is
present value =
put here t = 10 and r =
so
present value =
present value = 18089.96
so
loan unpaid amount is here
loan unpaid amount = 21517 - 18089.96
loan unpaid amount = $3427.04
so
now we calculate value of buyout
that is express as
amount = principal ×
amount = 3427.04 ×
amount = 4185.74
so value of buyout is $4185.74