Answer:
The slope: -3/2
How it looks graph-ed:
Multiplier of 1.641 corresponds to a percentage increase or decrease?
1 answer:
You might be interested in
<h2>Answer:</h2>
shift
<h2>Step-by-step explanation:</h2>These are common types of transformations of functions. Many functions have graphs that are simple transformations of the parent graphs, that are the most basic functions. In this way, we can use vertical and horizontal shifts to sketch graphs of functions. These are rigid transformations because the basic shape of the graph is unchanged. Therefore is a Horizontal Shift, so the graph of the function
has been shifted 3 units to the right.
Niki pays $39,467 interest will he have paid in total.
Given that,
Niki makes the same payment every two months to pay off his $61,600 loan.
The loan has an interest rate of 9.84%, compounded every two months.
If Niki pays off his loan after exactly eleven years.
We have to determine,
How much interest will he have paid in total?
According to the question,
The total interest will be paid is determined by,
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.
Substitute all the values in the formula;
Therefore,
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.
Hence, Niki pays $39,467 interest will he have paid in total.
For more details about Interest rates refer to the link given below.