Are the 63x and the y being added or multiplied?
Answer:
x = -3
Step-by-step explanation:
5 x + 3 = 4 x
Solve for x
5x - 4x + 3 = 0
x + 3 = 0
x = -3
737 people I’m pretty sure
Answer:
Explanation:
The row for month 25 shows that after <em>twenty-five payments</em> <u>the balance of the loan is $10,356.03</u>
You are told that the<em> loan amount or principal is $ 19,900</em>.
From those two data, you can calculate <em>how much of the principal has been paid off after </em>25 months, because the amount paid off is equal to the loan less the balance after 25 payments:
- Principal paid off = $ 19,900 - $ 10,356.03 = $9,543.97
Answer:
$12,958
Step-by-step explanation:
The total amount of the account, principal plus interest, is given by ...
A = P(1 +rt)
The given information tells us ...
12,122 = P(1 + .08×2) = 1.16P
Then the principal amount is ...
12,122/1.16 = 10,450
__
When that same amount is invested using a different rate and time period, it becomes ...
A = 10,450(1 + .09×(2 2/3)) = 10,450×1.24 = 12,958
It will amount to $12,958 in 2 years 8 months at 9%.