The following represents slopes of two lines. Which answer choice describes the two lines? m = 7 and m = -7
1 answer:
Answer:
m = 7 can also be y=7x+1 is positive and shows acceleration or ascending lines steep y axis 1 and x axis 0 ascending to 1 or above and when y = 7 x =1 see attached.
m = -7 is negative and shows deceleration of 1 as we add 1 here too. Or can be any number for y intercept see attached.
Step-by-step explanation:
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Amount Financed: $2,650
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%