Answer:
There is no value in M
Step-by-step explanation:
The equation is undefined.
Answer:
5 5/8
Step-by-step explanation:
also in a sec imma comment again the work so hold up
Answer:
Step-by-step explanation:
Mrs. Siebenaller bought a bus for 25,000 with a 7% interest rate and she gets a loan payoff of 60 months,
We know that,
![\text{PV of annuity}=P\left[\dfrac{1-(1+r)^{-n}}{r}\right]](https://tex.z-dn.net/?f=%5Ctext%7BPV%20of%20annuity%7D%3DP%5Cleft%5B%5Cdfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%5Cright%5D)
Where,
PV = Present value of annuity = 25000,
r = rate of interest of each period = 
% monthly
n = number of periods = 60 months,
Putting the values,
![\Rightarrow 25000=P\left[\dfrac{1-(1+\frac{0.07}{12})^{-60}}{\frac{0.07}{12}}\right]](https://tex.z-dn.net/?f=%5CRightarrow%2025000%3DP%5Cleft%5B%5Cdfrac%7B1-%281%2B%5Cfrac%7B0.07%7D%7B12%7D%29%5E%7B-60%7D%7D%7B%5Cfrac%7B0.07%7D%7B12%7D%7D%5Cright%5D)
![\Rightarrow P=\dfrac{25000}{\left[\dfrac{1-(1+\frac{0.07}{12})^{-60}}{\frac{0.07}{12}}\right]}](https://tex.z-dn.net/?f=%5CRightarrow%20P%3D%5Cdfrac%7B25000%7D%7B%5Cleft%5B%5Cdfrac%7B1-%281%2B%5Cfrac%7B0.07%7D%7B12%7D%29%5E%7B-60%7D%7D%7B%5Cfrac%7B0.07%7D%7B12%7D%7D%5Cright%5D%7D)
Hence total amount paid is,
Therefore interest amount is,
They always try to trick you with this. Remember anything 5 or above would round up, anything 4 and under would round down. So look for the tenth place. that's the 9. The number to the right is 8 which is greater than 5. That means round up. You can't round it to 0.1 because that takes it back down. So you just move it over. The answer is 1.0.
15x-20<130
15x<130+20
15x<150
X=150/15
x<10
