The answer you are looking for is 124.
You can find this answer by simply multiplying 62 by 2.
I hope this helps!
Answer:
C. 18
Step-by-step explanation:
We can find the numbers of payments using following formula
PV = PMT(1- (1+r)^-n)/r
PVr / PMT = 1 - (1+r)^-n
Where
PV = present value = $1,100
PMT = monthly payments = $71.50
r = interest rate = 19.2% / 12 = 1.6%
n = numbers of month = ?
Placing values in the formula
(1+r)^-n = 1 - PVr /PMT
1.016^-n = 1-1100 x 0.016/71.50
1.016^-n = 0.753846154
-n x log 1.016 = log 0.753846154
n = - log 0.753846154 /log 1.016
n = 17.8
n = 18 payments
You buy 3 shirts and 1 pair of pants for $32. Your friend buys 2 shirts and 3 pairs of pants for $40. How much did each item cost?
First let’s define a shirt as X and pants as Y!
In the first scenario, the equation will be 3X + Y =$32
In the second scenario, the equation will be 2X + 3Y = $40
Now because we have two different variables (X & Y) let’s solve for one of them (Ex: Y) to simplify the equations!
3X + Y= $32—> subtract 3X on both sides of the equation
-3X. - 3X
Net result: Y= 32- 3X
Now we can insert this into the second equation 2X + 3Y = $40 in order to solve for X variable
2X + 3(32-3X) = $40
2X + 96 - 9X = $40 —> simplify the equation
-7X + 96 = $40 —> substrate 96 from both sides
-7X = -56 —> divide both sides by -7
X= 8
Now reinsert 8= X into 3X + Y = $32
3(8) + Y = $32
24+ Y = $32 —> substract 24 from both sides
y = 8
ANSWER: X= 8, Y= 8
If I am wrong I am sorry >_<
X = 0.4/3
x = 13
if answer is wanted in decimal form.