Answer:
12.05$
Step-by-step explanation: 2.65$ x 3 - 20$= 12.05$
Given:
Future Value = $75,210
term = 8 years
rate = 8.5%
Initial loan = ?
In this case, we need to find the present value of the loan. Compounded means that even the interest has an interest.
PV = FV / (1 + i)^n
PV = 75,210 / (1 + 0.085)⁸
PV = 75,210 / (1.085)⁸
PV = 75,210 / 1.9206
PV = 39,159.64
Initial loan is $39,159.64
total interest is $75,210 - 39,159.64 = $36,050.36
Answer:
The equation would be y = 3/2x - 1
Step-by-step explanation:
To find the answer in slope-intercept form, simply solve for y.
4x-4y/2=x+2 ----> Subtract 4x from both sides
-4y/2=-3x+2 ----> Multiply both sides by 2
-4y = -6x + 4 -----> Divide by -4
y = 3/2x - 1
Answer:
6x + 4y ≤ 50
x + y ≥ 10
Step-by-step explanation:
$6 is the cost of stuffed animals $4 is the cost of toy trucks and the her maximum budget is $50 it would be 6x+4y is less then or equal to 50 and there is AT LEAST 10 people so the amounts which are x and y would be equal to or greater than 10.