Answer:
7.A
8.D
Step-by-step explanation:
Answer:
y = (15/24)x + 6
Step-by-step explanation:
9 = 1 + 8x - 8 = 8x - 7
8x = 9 + 7 = 16
x = 16/8 = 2
x = 2.
Answer:
$925.20
Step-by-step explanation:
Loan Amount, P = $19,500
Rate of interest, r = 3.9%
Time, t = 6 years
Payment mode, n = Quarterly (4)
payment to amortize, EMI = ?
Formula: 
where,
n = 4 , Rate of interest , r = 0.039
Put the values into formula


Hence, The payment to amortize the debt is $915.20