PLEASE HELP!!!!!!!!!!!!!
1 answer:
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Answer:
Enter a payment of 5192.52.
Step-by-step explanation:
Consider the provided information.
The payment is $4800 with a 4 month, 8% note.
The amount can be calculated as:
Where <em>p</em> is money invested, <em>r</em> is annual interest rate, <em>t</em> is number of years and <em>m</em> is number of period.
Now substitute p = 4800 r = 0.08 and m = 4 in the above formula.
Hence, enter a payment of 5192.52.
Answer:
Step-by-step explanation:
Using the slope formula, you can form this equation! The slope of any equation would replace the m, and the y intercept would replace b!
I added in the slope formula at the bottom, just in case, so you'll see what I mean!
I hope this helps, and I explained enough! Have a great day c:
