Answer:
$300
Step-by-step explanation:
Given that:
Derek bought a new car for $32,000;
The original amount of purchase = $32,000
Down payment = $17,000
Remaining amount = Original amount of purchase - Down payment
= $(32000 -17000)
= $ 15,000
Also;
rate of interest per month is 2%
and the Derek is unable to pay his first monthly payment
thus the interest amount is calculated on principal amount
so for the first month interest is calculated on total principal amount
The month interest payment is then calculated as :
= 15,000 × 2%
= 15,000 × 0.02
= $300
When you have ratios and some unknowns you can create complex fractions from them.Bring them to the same denominator and solve for X.
Step-by-step explanation:
Difference per month = 28
=> January = February - 28 = 66-28 = 38
Answer:
y = -1/2 x
Step-by-step explanation:
Follow the directions "Complete the steps to write the equation of direct variation. Start with the equation of direct variation y = kx. Substitute in the given values for x and y to get . Solve for k to get . Write the direct variation equation with the value found for k."
y = kx substitute y = -4 and x = 8.
-4 = k*8
-4/8 = k
-1/2 = k
So the equation is y = -1/2(x).
