Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
People like green shirts better♀️
Answer:
Rate of change for the linear relationship modeled is 
Step-by-step explanation:
As the there is a linear relationship in the points, so all these points will be on a single straight line. Hence the slope will be same throughout all the points.
We know that, the slope of the line joining (x₁, y₁) and (x₂, y₂) is,
Putting the points as (-1, 10) and (1, 9), we get
Rate of change is the slope of the line joining all these points.
Answer:
n=14
Step-by-step explanation:
multiply both sides by two to get rid of 1/2 and you find n=14
She can buy 38 apples.
10/0.26 = 38.5 but you can’t buy half an apple so you round down to 38.
Hope this helped!
