Answer:
Step-by-step explanation:
<u>Given</u>
- Monthly payment P = $300
- Time t = 3 years = 36 months
- Number of payments n = 36
- Interest rate r = 12% PA = 1% per month = 0.01 times
<u>Use loan payment formula:</u>
- P = r(PV) / (1 - (1 + r)⁻ⁿ),
- where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments
<u>Substitute values and solve for PV:</u>
- 300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)
- PV = 300*(1 - 1.01⁻³⁶ )/ 0.01
- PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)
It equals 18.32 you can go to calculatorsoup.com and it shows you
2) -6
8 is positive and 14 negative. You can either draw a number line and help yourself with that or since the negative one is bigger you can do the subtraction 14 - 8 and then change the sign of the answer.
Answer: 14x^2-93xy+60y^2 Hope that helps!
Step-by-step explanation:
1. Expand by distributing terms
(20x-12y)(x-4y)-(3x-4y)(2x+3y)
2. Use the Foil method:(a+b)(c+d)= ac+ad+bc+bd
20x^2-80xy-12yx+48y^2-(3x-4y)(2x+3y)
3. Use the Foil method : (a+b)(c+d)= ac+ad+bc+bd
20x^2-80xy-12yx+48y^2-(6x^2+9xy-8yx-12y^2)
4. Remove parentheses 20x^2-80xy-12yx+48y^2-6x^2-9xy+ 8yx+12y^2
5. Collect like terms (20x^2-6x^2)+(-80xy-12xy-9xy+8xy)+(48y^2+12y^2)
6. Simplify.
And your answer would be 14x^2-93xy+60y^2
Hope this is what you where looking for