The formula for simple interest is:
A = P(1+rt)
Where P = amount borrowed
r = interest rate
t = time of loan
A = 5000(1 + 0.125*2)
A =6,250
The total amount she paid back was $6,250
For her monthly payment divide total paid back by 24 months ( 2 years = 24 months)
6250 / 24 = 260.42
Her monthly payment was $260.42
Answer:
4x+11 is the answer.
Step-by-step explanation:
( 4*2-x+3)-(3*2-5x-6)
=(8-x+3)-(6-5x-6)
=(11-x)-(0-5x)
=(11-x)-(-5x)
=11-x+5x
=11+4x
= 4x+11
Answer as a fraction: 17/6
Answer in decimal form: 2.8333 (approximate)
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Work Shown:
Let's use the two black points to determine the equation of the red f(x) line.
Use the slope formula to get...
m = slope
m = (y2-y1)/(x2-x1)
m = (4-0.5)/(2-(-1))
m = (4-0.5)/(2+1)
m = 3.5/3
m = 35/30
m = (5*7)/(5*6)
m = 7/6
Now use the point slope form
y - y1 = m(x - x1)
y - 0.5 = (7/6)(x - (-1))
y - 0.5 = (7/6)(x + 1)
y - 0.5 = (7/6)x + 7/6
y = (7/6)x + 7/6 + 0.5
y = (7/6)x + 7/6 + 1/2
y = (7/6)x + 7/6 + 3/6
y = (7/6)x + 10/6
y = (7/6)x + 5/3
So,
f(x) = (7/6)x + 5/3
We'll use this later.
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We ultimately want to compute f(g(0))
Let's find g(0) first.
g(0) = 1 since the point (0,1) is on the g(x) graph
We then go from f(g(0)) to f(1). We replace g(0) with 1 since they are the same value.
We now use the f(x) function we computed earlier
f(x) = (7/6)x + 5/3
f(1) = (7/6)(1) + 5/3
f(1) = 7/6 + 5/3
f(1) = 7/6 + 10/6
f(1) = 17/6
f(1) = 2.8333 (approximate)
This ultimately means,
f(g(0)) = 17/6 as a fraction
f(g(0)) = 2.8333 as a decimal approximation
Answer:
$690.86
Step-by-step explanation:
100% from the original cost is: 2 x 863.57 = $1,727.14
40/100 = X/1727.14 (40 percent is what of 1,727.40) (%/100 = is/of)
(40 * 1,727.14) / 100 = $ 690.86