Answer:
x = -6
Step-by-step explanation:
-5(x + 3) = 15
Distribute the -5
-5x -15 =15
Add 15 to each side
-5x-15+15 =15+15
-5x = 30
Divide each side by -5
-5x/-5 = 30/-5
x =-6
9514 1404 393
Answer:
$7641.24
Step-by-step explanation:
The amortization formula tells the payment amount.
A = P(r/n)/(1 -(1 +r/n)^(-nt))
where principal P is paid off in t years with n payments per year at interest rat r.
Using the given values, we find ...
A = $7000(0.165/12)/(1 -(1 +0.165/12)^-12) = $7000×0.01375/(1 -1.01375^-12)
A = $636.77
The total of 12 such payments is ...
$636.77 × 12 = $7641.24
You will pay a total of about $7641.24.
_____
<em>Additional comment</em>
Since the payment amount is rounded down, the actual payoff will be slightly more. Usually, the lender will round interest and principal to the nearest cent on each monthly statement. The final payment will likely be a few cents more than the monthly payment shown here.
Answer:
$95777.5
Step-by-step explanation:
change 7% to decimal = .07
91,000 * .07 = 5370 (annual interest)
5370 / 12 = 530.83 (monthly interest)
530.83 * 9 = 4777.5 (9 months interest)
91,000 + 4777.5 = 95777.5 (initial + 9 months interest)
To convert the improper fraction

into a mixed number, you first want to
divide the numerator (1000)
by the denominator (859)
:

The
quotient, which is 1, will be your whole number part of your mixed number. The
remainder, 141, will become the numerator of the fraction part of your mixed number. The
original denominator of your improper fraction, 859, is still the denominator of your mixed number. So your mixed number form of your improper fraction is:
Your answer is 