If you borrowed $100, then your monthly payment is $2.44
If you borrowed $200, then your monthly payment is 2*2.44 = 4.88
etc etc
We can set up a proportion
2.44/100 = x/13300
to figure out the monthly payment x. Cross multiply and solve for x
2.44*13300 = 100*x
100x = 2.44*13300
100x = 32452
x = 32452/100
x = 324.52
So the monthly payment is $324.52
An alternative way to get this monthly payment is to apply 2.44% to 13300, which is another way to view the phrase "monthly payment per $100 is 2.44"
------------------
There are 48 months in 4 years (start with 12 mon = 1 yr, then multiply both sides by 4) so we multiply 48 by the monthly payment to get the result 48*324.52 = 15,576.96. This is the total amount you have to pay back which is the principal plus interest.
Subtract off the principal (amount borrowed) to find the interest or finance charge: 15,576.96 - 13,300 = 2,276.96
Answer: Choice B
Ok so, based on the graph lets say that x = seconds and y = depth of dolphin. the interception in both points is when they are at 0 i.e when x is equals 0 and y equals 0. So At 0 seconds, the dolphin is 42 feet below the surface. So we say that x = 0, y = -42 and then the y intercepts = -42 so the point of interception is(0 (seconds),-42(depth of the dolphin)) When the clock says it's 14 seconds, the dolphin is even with the surface (0 below the surface this time). So we say that x = 14, y = 0. In this case The x intercept = 14 (14,0). But we need to calculate The slope with the formula= (y2 - y1)/(x2 - x1) = 42/14 = 3. Therefore, the formula for this line is y = 3x - 42.
:)
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/n)]
So we need to solve for pmt
Pmt=fv÷[(1+r/k)^(kn)-1)÷(r/n)]
Pmt=200,000÷(((1+0.10÷4)^(4×5)
−1)÷(0.10÷4))=7,829.43...answer
Hope it helps
Answer:
is there an image or something idk the vid
Answer:
Step-by-step explanation:
