9514 1404 393
Answer:
- $137.90 more each month
- $246.00 less total interest
Step-by-step explanation:
The amortization formula is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for the monthly payment on principal P at annual rate r for t years. Here, we have P=3300, r = 0.14, and t=1, so the monthly payment is ...
A = $3300(0.14/12)/(1 -(1 +0.14/12)^-12) ≈ $296.30
The payment of $296.30 is ...
$295.30 -158.40 = $137.90 . . . more each month
The total amount paid is 12×$296.30 = $3555.60, so 255.60 in interest. This amount is ...
$501.60 -255.60 = $246.00 . . . less total interest
1/2x + 3 = 2/3x + 1....multiply everything by the common denominator of 6
3x + 18 = 4x + 6
3x - 4x = 6 - 18
-x = - 12
x = 12 <====
multiplying by the common denominator will get rid of the fractions
The area <em>A</em> of a trapezoid with height <em>h</em> and bases <em>b</em>₁ and <em>b</em>₂ is equal to the average of the bases times the height:
<em>A</em> = (<em>b</em>₁ + <em>b</em>₂) <em>h</em> / 2
We're given <em>A</em> = 864, <em>h</em> = 24, and one of the bases has length 30, so
864 = (<em>b</em>₁ + 30) 24 / 2
864 = (<em>b</em>₁ + 30) 12
864 = (<em>b</em>₁ + 30) 12
72 = <em>b</em>₁ + 30
<em>b</em>₁ = 42
