Answer:
Monthly payment = $268.32
Over the 10 years interest
= $32198.4
Step-by-step explanation:
According to the question
James will be paying his interest on a monthly basis.
So let's calculate how much the interest of a month it's going to be become with
P = 64397
R = 5
T =1/12
I = (64397*5*(1/12))/100
I = 321985*(1/12)/100
I = 26832.08333/100
I = 268.32
I = $268.32
So he will be paying$ 268.32 every month for 10 years
But in 10 years we have 10*12= 120 months
So total interest = 120*268.32
= $32198.4
Y * y^4 = y^5
Remember that y equals y^1. Also when multiplying exponents with the same base, add the given exponents. 1+4=5
Final answer: y^5
Answer:
x = 5y + 6
Step-by-step explanation:
Add 5y to both sides
x - 5y + 5y = 5y + 6 (variable always goes first)
-5y + 5y = 0
x = 5y + 6