The area of a plot is the amount of space on the plot
The area of the plot is 2x^2 -x - 1
<h3>How to determine the area</h3>The dimensions of the plot are given as:
Length=2x+1
Width=x-1.
The area of the plot is the product of its dimension.
So, we have:
Expand
Evaluate the like terms
Hence, the area of the plot is 2x^2 -x - 1
Read more about areas at:
Using it's formula, it is found that the monthly payments for the loan of the apartment is of $7,260.50.
<h3>What is the monthly payment formula?</h3>It is given by:
In which:
In this problem, the parameters are given as follows:
P = 500000, r = 0.123, n = 12 x 10 = 120.
Hence:
r/12 = 0.123/12 = 0.01025.
Then, the monthly payments will be of:
A = 7260.50.
More can be learned about the monthly payment formula at brainly.com/question/26267630
#SPJ1