Formula for monthly payment is:
A = P x (r(1+r)^t)/((1+r)^t-1) where P is the amount financed, r is the interest rate divided by 12 and t is the amount of time for the loan in months.
P = 33714 x 0.85 = 28656.90
A = 28656.90 x (0.07/12 (1+0.07/12)^48) / (1 +0.07/12)^48 - 1)
A = $686.23
Answer:
p=30
Step-by-step explanation:
First, you need to subtract 10 from both sides to get 1/2p=25. You do this just because simplifying is much easier.
Then, you need to isolate p, so you divide 1/2 by both sides, which is the same thing as multiplying by 2. 1/2*2p=15*2.
Simplifying, you get p=30.
4. 0.76
5. 0.18
8. 4.48
9. 0.08
12. 3.08
13. 0.45
:)
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➷ Just substitute the given value into anywhere you see the term x:
2 x 4^2 + 12
Follow the PEMDAS rule:
(calculate the exponential first)
4^2 = 16
Now we have:
2 x 16 + 12
(now the multiplication needs to be calculated)
16 x 2 = 32
Now we have:
32 + 12
Add them together to get the answer:
44 <== this is the answer
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➶ Hope This Helps You!
➶ Good Luck (:
➶ Have A Great Day ^-^
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