Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
Answer:
Hi how are you doing today Jasmine
Answer:
( 7 , 4 )
given:
make y the subject in equation 2:
4x - y = 24
-y = 24 - 4x
y = 4x - 24
insert this in equation 1:
4x + 10y = 68
4x + 10(4x - 24) = 68
4x + 40x - 240 = 68
44x = 68 + 240
44x = 308
x = 7
solve for y:
y = 4x - 24
y = 4(7) - 24
y = 4
Number of red cars = x
Number of white cars = y
x + y = 75
y + 3 = 2x
x + y = 75
y = 75 - x
(75 - x) + 3 = 2x
78 = 3x
26 = x
y + 3 = 2(26)
y + 3 = 52
y = 49
There are 49 white cars.
Answer: 69
Step-by-step explanation: Sorry I do not know the answer because I am not smart. I just need the points so I can answer more questions. Have a great day though and I wish you luck with your question:)
