We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
Answer: On the 29th day
Step-by-step explanation:
According to this problem, no lilypad dies and the lilypads always reproduce, so we can apply the following reasoning.
On the first day there is only 1 lilypad in the pond. On the second day, the lilypad from the first reproduces, so there are 2 lilypads. On day 3, the 2 lilypads from the second day reproduce, so there are 2×2=4 lilypads. Similarly, on day 4 there are 8 lilypads. Following this pattern, on day 30 there are 2×N lilypads, where N is the number of lilypads on day 29.
The pond is full on the 30th day, when there are 2×N lilypads, so it is half-full when it has N lilypads, that is, on the 29th day. Actually, there are
lilypads on the 30th, and
lilypads on the 29th. This can be deduced multiplying succesively by 2.
The distance between Hadley and Greenville is 16 miles.
29-13=16
Y = kx
Where 'k' is the constant of variation.
y = 4x means that 4 is the constant of variation.
Answer: 4