Tue 2 NOV moe.alefed.com 71. Check My Understanding 2 Khadija and Muneera are sisters. Together they have 15 dolls. Muneera has
1 answer:
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Answer:
The equation is y= 0,65 x
If x is the price of the ticket without the coupon, and the theater offers a discount if you have a coupon, then having a coupon means that the price a person ultimately pays (y) is the original price (x) minus a 35% of this price: y= x -0.35 x . By association: y= (1-0.35) x and then y= 0.65 x.
The line should be in the first quadrant because the first quadrant allows you to represent a situation in which the dependent variable (y) and the independent variable (x) are both positive. This is the case in this exercise, because both prices, the one without discount (x) and the one with discount (y) are necessary positive (you can not pay a negative price!).
Step-by-step explanation:
- The price without discount (or without the coupon) is x.
- The price with discount (or with coupon) is y.
- y and x are both related: y is a percentage of x, specifically, y is 35% smaller than x. This means that y =0.65 x.
Answer:
6.9%
Step-by-step explanation:
Interest rate is the one variable in an amortization formula that cannot be determined explicitly. An iterative solution is required, which means the computation must be done by a calculator, spreadsheet, or web site.
My TI-84 TVM Solver tells me that for the given loan amount and payment schedule, the APR is about 6.9%.
