Y = 14x is the equation you should use! Hope this helped.
Answer: 3,840
8000 * 4 * 12 = 384,000
384,000 / 100 = 3.840
1 whole and 9/10 from to have a hundred u need a whole and 9 came from the 90%and to have 90% u need a 10 soand u convert 90%into a equivalent fraction it is 9/10 so the answer is 1 and 9/10
First we need to calculate the monthly payment to repay the loan using the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-n))÷(r/k)]
PV the amount of the loan 4250
PMT monthly payment?
R interest rate 0.1325
K compounded monthly 12
N time 24 months
Solve the formula for PMT to get
PMT=pv÷ [(1-(1+r/k)^(-n))÷(r/k)]
PMT=4,250÷((1−(1+0.1325÷12)^(−24))÷(0.1325÷12))=202.55
Now to find the total finance charge use the formula of
Total finance charge=monthly payment×number of months-the amount of the loan
Total finance charge=
202.55×24−4,250=611.2
So the answer is 611.2
Hope it helps!
Answer:
k=4(t)+0
Step-by-step explanation:
for everytime the (t) increase by 1 unit you get 4. the zero is because it intercepts the y-axis at 0 percent charge. (E.x 20=4(5)+0