Answer:
C. 92
Step-by-step explanation:
180 - 88 = 92
Answer:
i think it is d
Step-by-step explanation:
Answer:
Katelyn's monthly payment for the loan is $ 2,032.52
Step-by-step explanation:
The formula given is explicit,we can solve for monthly payment using the below formula
P=L(1-r/r-r^n+1)
r=1/(1+i)
i=5.6%/12=0.47%
5.6% is an annual interest rate,it would be appropriate to restate in monthly terms
r=1/(1+0.47%)=0.995
n=5 years*12 months=60
L is the loan amount of $100,000
P=100000*(1-0.995)/(0.995-0.995^60+1)
=100000*(1-0.995)/(0.995-0.74)
=100000*0.005/0.246
=$ 2,032.52
Part a: the first cereal is y=7x and the second one is y=10x so they are $3 apart.
part b: y=7*4 (28) and y=10*4 (40) is $12 apart so she will save $12 each month.