Answer:
Alright! So, the formula is
x+x+1+x+2+x+3+x+4....x+24
You can do 25x+300=1000
25x=700
x=28
The answer to your question is seen below.
<span>To avoid paying the </span>retroactive APR of 21% he
will pay if cannot pay on time, Jerry’s last month payment must be $ 1,425.
Hope my answer would be a great help for you.
<span> </span>
A line parallel and passing through point (1,5) would be y=-3x+8
The number in parenthesis after f is the x coordinate. Basically, it says which y coordinate is tied with an x value. In choice a, it says that when x is 0 y is 3, etc.
So, you can look at the graph to see which answer choice has a point from the graph. Choice a says (0,3), and that does not match. Choice b says (5,-1) and that does match. So the answer is B.
*(x,y)*
Answer:
$4,723.21
Step-by-step explanation:
Formula for COMPOUND INTEREST:
A = P ( 1 + r/n) ^ nt
Where A = principal money + interest earned,
P = Principal Money
r = interest rate in decmial
n = no. of times i.rate is compounded
nt = time
Since the qns asked to be compounded /monthly', you have the following formula:
A = 3250 ( 1 + 7.5%/12) ^ 60
7.5% is a yearly rate so divide it by 12 (as in 12 months)
60 = 5 years x 12 months
so use a calculator and you'll get $4723.206, round off and it's $4723.21