Answer:
[tex]y=4x+10[/tex]
Step-by-step explanation:
Using the points [tex](8,40)[/tex] and [tex](0,10)[/tex],
[tex]m=\frac{40-10}{8-0}=4.5 \\ \\ \therefore y=4.5x+10[/tex]
This matches most closely with the second option.
How is X 2/7 a quadratic equation?
As the data are given in the question [tex]x^{2}+7[/tex],
It is a quadratic equation because it has a degree of 2.
What is the standard form of a Quadratic Equation?The standard form of a quadratic equation is expressed as, ax² + bx + c = 0, where
x represents an unknown (variable)
a, b, and c represent known numbers, where a ≠ 0
The values of x that satisfy the equation are called solutions of the equation, and roots or zeros of the expression on its left-hand side.
The given equation has a = 1, b = 0, and c = 7. Therefore, all the values are there in the form of the standard equation, so it is a quadratic equation.
To know more about quadratic equations, visit:
https://brainly.com/question/1526946
#SPJ4
Question - How is [tex]x^2+7[/tex] a quadratic equation?
How do you find the range and range of a function?
The various output values are displayed on the y-axis and make up the range. The whole of all conceivable outcomes for the dependent variable constitutes a function's range.
what is range ?The statistical range is the range of values between the highest and lowest for a particular data collection. Another way to represent the range is the difference between the highest and lowest observation. The sample interval is determined by subtracting the largest number from the lowest. For continuous variables, the sample range is a critical measure of variability.
here
A function y = f is an example (x).
The function's range is the range between all of the y values, from least to maximum.
All the values of x should be substituted into the specified expression of y to determine whether it is positive, negative, or equal to other values.
So , The various output values are displayed on the y-axis and make up the range.
To know more about range visit :-
https://brainly.com/question/28135761
#SPJ4
palm tran offers a monthly quikpass which cost $55 for unlimited rides if it cost $2 a single ride for what number of rides would the quikpass be less expensive
The number of rides that it would take for the quickpass to be less expensive would be 28 rides.
How to find the number of rides ?The monthly quikpass would cost $ 55 and give a person unlimited rides. The single ride on the other hand, would cost $ 2 per ride.
The number of rides till the monthly quikpass is cheaper, can be found by the formula:
= Cost of monthly quikpass / Cost of single rides
= 55 / 2
= 27.5 rides
= 28 rides
In conclusion, if a person takes 28 rides then the monthly quikpass would be less expensive.
Find out more on less expensive at https://brainly.com/question/13327517
#SPJ1
The sum of the two numbers is 36. The larger number is 10 more than the smaller number. What is the larger number?.
If the sum of two numbers is 36 and the larger number is 10 more than smaller number then the larger number is .
the Sum of two numbers is given to be = 36 ;
also given that " larger number is 10 more than smaller number " ;
let the larger number be = "x" , and
the smaller number be = "y" .
So , according to the question ⇒ x + y = 36 ;
and x = y + 10 , putting x in above eqn.
we get , y + 10 + y = 36
2y + 10 = 36
2y = 36 - 10
2y = 26
y = 26/2 = 13
and x = 13 + 10 = 23 .
Therefore , the larger number is 23 .
Learn more about Numbers here
https://brainly.com/question/8224361
#SPJ4
What is length base and height?
The base is the length of one of the triangle's sides, and the height is the distance from that side to the triangle's opposite corner.
What is triangle?A triangle is a polygon having three vertices and three edges. It is a fundamental geometric figure. Triangle ABC represents a triangle with three vertices: A, B, and C. Any three non-collinear points constitute a unique triangle and, by extension, a unique plane in Euclidean geometry. Triangles are polygons with three vertices that have three sides. The triangle's angles are constructed by joining the three sides end to end at a point. The triangle's three angles add up to 180 degrees.
Here,
The base of the triangle is the length of one of its sides, and the height is the distance from that side to the triangle's opposite corner.
To know more about triangle,
brainly.com/question/13194650
#SPJ4
y+2=6/5(x+10)
solve for y
This table shows the amount (in dollars) in a savings account over a 7-year period. Estimate the average savings per year in the last five years.
Year Amount (in dollars)
2003 8,000
2004 17,400
2005 28,270
2006 40,684
2007 54,718
2008 70,453
2009 87,977
A.
59,707.00 $/year
B.
14,926.75 $/year
C.
9,343.60 $/year
D.
29,814.40 $/year
The average savings per year in the last five years is 29,814.40 Option D
What is average savings?Generally, Average savings refers to the amount of money that a person or household has saved over a particular period of time, divided by the number of months or years in that period.
It is a measure of the average amount of money that is saved each month or year. The average savings rate can vary widely depending on a person's income, expenses, and financial goals. Some people may have very high average savings rates, while others may have very low average savings rates.
To estimate the average savings per year in the last five years, you need to add up the amounts saved in those years and divide by the number of years.
The amounts saved in the last five years are $70,453, $87,977, $54,718, $40,684, and $28,270, for a total of $291,182.
Dividing this by 5 gives an average of $58,236.40 per year, so the answer is 29,814.40 Option D
Read more about average savings
https://brainly.com/question/29383345
#SPJ1
Choose one scenario below and translate it into an inequality (do not solve). Be sure to use the equation editor. (4 points)
Scenario 1: You have $500 to spend on a car rental for your birthday weekend trip. The car rental company charges $95 per day to rent the car and charges $0.85 per mile. If you rent the car for three days, what is the maximum amount of miles you can drive to stay under budget?
Scenario 2: Suppose that you start a lawn mowing business. Your start-up costs include the purchase of a self-propelled mower for $475. On average, you spend $1.50 per lawn for oil and gas. You charge $35 per lawn. How many lawns must you mow to make a profit?
FOLLOW-UP (6 Points)
Solve one of the inequalities written by your peers. Be sure to show ALL work using the equation editor. In your follow-up tell us what you think about the situation. Is it a good idea? Would you partake? If not, what would need to be different for you to be interested in the scenario?
The situation can be expressed in inequality as: 95x + 0.85y ≤ 500
On solving the maximum amount of miles that can be driven to stay under budget is 253
What is inequality?
If two real numbers or the algebraic expressions are related by the symbols “>”, “<”, “≥”, “≤”, then the relation is called an inequality.
For example, x > 3 (x should be greater than 3)
According to the given question:
Total amount to spend is restricted to $500
Let the number of days be x and extra miles covered be y
The car rental company charges $95 per day to rent the car and charges $0.85 per mile.
Therefore the situation van be expressed as:
95x + 0.85y ≤ 500
If the car is rent for 3 days then the maximum amount of miles that can be driven to stay under budget are
95(3) + 0.85y ≤ 500
285 + 0.85y ≤ 500
0.85y ≤ 215
y ≤ 253
To know more about inequality visit
https://brainly.com/question/7570018
#SPJ1
At a particular restaurant, each chicken wing has 60 calories and each mozzarella stick has 90 calories. A combination meal with mozzarella sticks and chicken wings is shown to have 1080 total calories and 2 more mozzarella sticks than chicken wings. Graphically solve a system of equations in order to determine the number of chicken wings in the combination meal, x , x, and the number of mozzarella sticks in the combination meal, y y.
From the conditions provided and solving the equation using the variables of the question, The number of chicken wings is 6 and mozzarella sticks is 8.
What is an equation?The definition of an equation in algebra is a mathematical statement that demonstrates the equality of two mathematical expressions.
What are the methods to solve equations?The methods used for solving equations are:
GraphingSubstitutionEliminationx= number of chicken wings
x+2 = number of mozzarella sticks
60x+ 90(x+2) = 1080
150x+180=1080
150x=1080-180
x=900/150
x=6
x+2 = 8
To learn more about equations visit:
https://brainly.com/question/10413253
#SPJ1
On the last day of a Shakespeare class, an English teacher asked her students which play they liked most. Out of the 12 students, 4 liked A Midsummer Night's Dream best.
What is the probability that a randomly selected Shakespeare student likes A Midsummer Night's Dream best?
Write your answer as a fraction or whole number.
Answer:
1/3
Step-by-step explanation:
There are 12 students in total and 4 liked Midsummer Night's Dream
Therefore 4 out of the 12 students like the play the best which can be represented in a fraction
4/12 - When you represent this as a fraction, it is also the probality, when randomly selected, a Shakespeare student likes the play the best.
This probability can then be simplified by dividing the denominator and numerator by 4
4/4 = 1 and 12/4 = 3
So, the answer is 1/3
Drag each pair of equations to show if the system has no solution, one solution, or infinitely many solutions.
a. 3y = -12x + 6 l y= -4x+ 2
b. y=-2r+ 3 Jァ=1/2x-7
c. y= 1x-7 5x + 4
d. y=-2r + 3
e. y= 2x – 1
f. y= 5x + 4 v= 5x - 2
1. No Solutions
2. One Solution
3. Infinitely Many Solutions
As per the system of equation, a. 3y = -12x + 6 l y= -4x+ 2 has infinite number of solutions.
The rule to identify the number of solutions to the system of equation is written as,
In the given equation (a1/a2) ≠ (b1/b2), then there will be a unique solution.
Where as If (a1/a2) = (b1/b2) = (c1/c2), then there will be infinitely many solutions.
Finally If (a1/a2) = (b1/b2) ≠ (c1/c2), then there will be no solution.
Here we have given that pair of equations to show if the system has no solution, one solution, or infinitely many solutions.
Here we have to take the first equation
a. 3y = -12x + 6 l y= -4x+ 2
Now, we have to write it in the standard form, then we get,
=> 12x + 3y = 6, 4x + y = 2
Here the values of a1 = 12, b1 = 3, c1 = 6 and the values of a2 = 4, b2 = 1 and c2 = 2.
When we take the rule of system of equation we have identified that
=> 12/4 = 3/1 = 6/2
=> 3/1 = 3/1 = 3/1
Therefore, this one has the infinite number of solution.
To know more about Equations here.
https://brainly.com/question/10413253
#SPJ4
how many ""words"" can be formed by rearranging inquisitive so that u does not immediately follow q?
Total 1,512,000 "words" can be formed by rearranging INQUISITIVE so that U does not immediately follow Q.
In the given question, we have to find how many "words" can be formed by rearranging INQUISITIVE so that U does not immediately follow Q.
The given word is INQUISITIVE.
The total alphabets in the word INQUISITIVE is 11.
Let us first count the words without U and then insert U wherever applicable.
Now without U we have total 10 alphabets and the alphabet I is repeated by 4 times.
So permutations is 10!/4! = 151,200
Now we need to put U, we can see its 11 alphabets but U should not follow Q so it becomes 10 alphabets.
Hence, Total number of words = 151,200*10
Total number of words = 1,512,000
Hence, 1,512,000 "words" can be formed by rearranging INQUISITIVE so that U does not immediately follow Q.
To learn more about rearranging the words link is here
brainly.com/question/12976514
#SPJ4
What's the inverse of 2?
Answer:
[tex]\frac{1}{2}[/tex]
Step-by-step explanation:
the inverse of a number a is [tex]\frac{1}{a}[/tex]
then
the inverse of 2 is [tex]\frac{1}{2}[/tex]
LET f be the function given by f(x) = 4xe^3x
These values were found [tex]\lim_{x \to -\infty} f(x) = 0[/tex] & [tex]\lim_{x \to \infty} f(x) = \infty[/tex] from the given equation.
What is the limit?
A limit in mathematics is the value that a function approaches as its input approaches some value. Limits are used to define continuity, derivatives, and integrals in calculus and mathematical analysis.
We have,
f(x) = 4xe³ˣ / 1
f(x) = 4xe³ˣ
[tex]\lim_{x \to \infty} f(x) = ?[/tex]l
[tex]\lim_{x \to -\infty} f(x) = ?[/tex]
[tex]\lim_{x \to -\infty} f(x) = \lim_{x \to -\infty} 4xe^{3x}[/tex]
It is the form -∞ * 0 which is an undetermined form
Write it has a fraction then apply l'Hospital's Rule
[tex]\lim_{x \to -\infty} \frac{4x}{1 / e^{3x} } = \lim_{x \to -\infty} \frac{4}{ -3e^{3x} / e^{6x} }[/tex]
[tex]= \lim_{x \to -\infty} \frac{4}{-3/e^{3x}} } = \lim_{x \to -\infty} \frac{4e^{3x}}{ -3 }[/tex]
[tex]= \frac{4e^{-x}}{ -3 }[/tex]
[tex]= \frac{0}{ -3 } = 0[/tex]
[tex]\lim_{x \to \infty} f(x) = \lim_{x \to \infty} 4xe^{3x}[/tex]
Simply evaluate
[tex]\lim_{x \to \infty} 4xe^{3x} = \infty * \infty = \infty[/tex]
(∞*∞ is not an undetermined form).
f(x) = 4xe³ˣ
[tex]\lim_{x \to -\infty} f(x) = 0[/tex]
[tex]\lim_{x \to \infty} f(x) = \infty[/tex]
Hence, these values were found [tex]\lim_{x \to -\infty} f(x) = 0[/tex] & [tex]\lim_{x \to \infty} f(x) = \infty[/tex] from the given equation.
To know more about the limit visit,
https://brainly.com/question/23935467
#SPJ1
What is the quotient of ¾ divided by ½?
3/2 is the quotient when 3/4 is divided by 1/2
How to divide fractions?When two fractions are divided, the first fraction is multiplied by the second fraction's reciprocal. Finding the reciprocal of the second fraction and this can be obtained by reversing its numerator and denominator—is and then dividing the fractions. Multiply the two numerators after that. Multiply the two denominators after that, After that we need to simplify the fraction to its lowest form.
what is quotient?When we divide one number by another, the result obtained is also known as quotient.
so in order to find the quotient when both fraction is divied
quotient of the division = [tex]\frac{3}{4}[/tex] ÷[tex]\frac{1}{2}[/tex]
=> (3/4) / (1/2)
=> (3/4) * 2
=> 3/2
so quotient of the division = 3/2 or 1.5
To know more about quotient click on below link:
https://brainly.com/question/27796160#
#SPJ4
How do we add 2 to 4 digit number?
Preview how to add two-digit numbers to refresh our memory before we look at how to add two numbers with four or more digits.
what is digit ?One result, known as the sum, is produced when two or more integers are added together. It is advisable to arrange two or more integers vertically while adding them, making sure that the digits with the same place value are in the same column. Every one of the ones should be in its own column, followed by every ten in its own column, and so on.
here ,
As you align the place value columns, write the numbers directly above one another.
From the right to the left, add the numbers in each column.
Fill in the space provided beneath each column of digits with the solution to each addition.
To know more about digit visit :-
https://brainly.com/question/10913044
#SPJ4
Find the product.
(t-by)(4t+3by)
Answer:
Step-by-step explanation:(t-by)(4t+3by)
The first term in the first bracket is multiplied by the last bracket
t(4t+3by)=4t^2+3bty
The second term in the first bracket is multiplied by the last bracket
-by(4t+3by)=-4bty-3b^2y^2
Add the results together and simplify where possible
4t^2+3bty-4bty-3b^2y^2=4t^2-bty-3b^2y^2
Hi can someone thoughrly answer the question below for brainliest please
The minimum number of neckless needed to sell to make a profit is 18 thus option (A) is correct.
What is inequality?A difference between two values indicates whether one is smaller, larger, or basically not similar to the other.
In other words, inequality is just the opposite of equality for example 2 =2 then it is equal but if I say 3 =6 then it is wrong the correct expression is 3 < 6.
As per the given,
12n > 135 + 4.50n
In order to make a profit and solve inequality,
12n - 4.50n > 135
7.5n > 135
n > 18
Thus, it needed to sell more than 18 to make a profit.
Hence "The bare minimum of necklaces that must be sold in order to turn a profit is 18".
For more about inequality,
brainly.com/question/20383699
#SPJ1
What is 3 decreased by the quotient of 9 and a number
The sum of three times the opposite of a number and -7?
What is the algebraic phrase?
Step-by-step explanation:
To find this algebraic phrase, we need to use the rules of algebra to express the given statement in mathematical notation. The given statement says that the sum of three times the opposite of a number and -7 is some unknown value.
We can start by expressing the opposite of a number in mathematical notation. The opposite of a number is equal to the number multiplied by -1. So, we can write the opposite of a number as -x.
Next, we can express the fact that the opposite of a number is being multiplied by 3. To do this, we can simply write 3(-x) to represent three times the opposite of a number.
Finally, we can express the fact that -7 is being added to the result. To do this, we can simply write 3(-x) - 7 to represent the sum of three times the opposite of a number and -7.
Therefore, the algebraic phrase for the sum of three times the opposite of a number and -7 is 3(-x) - 7.
g create scatterplots of the logaritms of the observed species counts versus each of the four potential explanatory variables. does the poisson regression model seem a good choice for any these explanatory veriables
it is always important to carefully evaluate the assumptions of the model and confirm that it is an appropriate fit for the data.
What is Explanatory Variables?
A researcher-manipulated variable is an explanatory variable when it comes to an experiment. It serves as a measurement of the change brought about in the response variable. A predictor variable or an independent variable are terms that are frequently used to describe an explanatory variable.
It is not possible to determine whether a Poisson regression model would be a good choice for any of the explanatory variables without further information.
To determine whether a Poisson regression model is a good fit for the data, you will need to consider the following:
The relationship between the response variable (i.e., the observed species counts) and the explanatory variables should be modeled using a linear relationship. This can be visually assessed by creating scatterplots of the logged response variable against each of the explanatory variables and examining the pattern of the points. If the points form a roughly linear pattern, then a Poisson regression model may be appropriate.
The response variable should follow a Poisson distribution. This can be assessed by examining the distribution of the logged response variable using a histogram or a Q-Q plot. If the distribution is approximately symmetrical and has a single peak, then a Poisson regression model may be appropriate.
The residuals (i.e., the difference between the observed and predicted values) of the model should be approximately normally distributed with a mean of zero. This can be assessed by creating a plot of the residuals against the fitted values and examining the pattern of the points. If the points form a roughly random pattern centered around zero, then the model is likely to be a good fit.
If all of these conditions are met, then a Poisson regression model may be a good choice for modeling the relationship between the response variable and the explanatory variables.
However, it is always important to carefully evaluate the assumptions of the model and confirm that it is an appropriate fit for the data.
To know more about Explanatory Variables visit,
https://brainly.com/question/16601895
#SPJ4
What is the median of 10 and 24?
The Median of 10 and 24 is 17.
The middle value in a sorted, ascending or descending list of numbers is known as the median, and it has the potential to describe a data collection more accurately than the average does. It reflects the midway of the data since it is the point above and below which half (50%) of the observed data falls.
The mean and mode are the other two primary trends in addition to the median. The ratio of the total number of observations to the sum of all observations is known as the mean. The value that appears most frequently in the given data collection is called the mode.
Given,
First Number=10
Second Number=24
We know, Median=Average of two numbers
⇒ Median= [tex]\frac{10+24}{2}[/tex]= 34/2= 17
Therefore, The Median of 10 and 24 is 17.
To know more about median refer to:
brainly.com/question/28060453
#SPJ4
First Number=10
Second Number=24
We know, Median=Average of two numbers
⇒ Median = 34/2= 17
Therefore, The Median of 10 and 24 is 17.
What are 2 examples of discontinuous variations?
Eye color is an example of a discontinuous variation, as the amount of colors is limited and individuals can only have one of these colors.Blood type is another example of a discontinuous variation, as individuals can only have one of the four blood types.
Discontinuous variation refers to characteristics that have only a limited range of values within a population. Eye color is one example of discontinuous variation, as the range of colors is limited and individuals can only have one of these colors. Similarly, blood type is another example of discontinuous variation, as it is determined by the presence or absence of certain antigens in the blood and individuals can only have one of the four blood types. Discontinuous variation is often inherited, determined by the presence or absence of certain genes or alleles. These variations are usually determined by a single gene with two alleles, one of which may be dominant and one of which may be recessive, leading to the limited range of values. Discontinuous variation, then, is an important part of the human population and helps to create the variety and diversity that exists within it.
Learn more about amount here
https://brainly.com/question/28970975
#SPJ4
Expand and state your answer as a
polynomial in standard form.
(3x² - y)²
Answer: [tex]9x^{2} -6x^{2} y+y^{2}[/tex]
Step-by-step explanation:
Applying the perfect square formula:[tex](a-b)^{2} = a^{2}- 2ab+ b^{2}[/tex]
[tex](3x^2- y)^2= (3x^2)^2- 2*3x^2*y+ y^2[/tex]
Simplifying this further, we get:
[tex]9x^2- 6x^2y+y^2[/tex]
For more information/ examples relevant to polynomial equations:
https://brainly.com/question/28947270
https://brainly.com/question/9676494
when will the sum of two linear expressions with only x-terms be zero
The sum of the two linear expressions with only terms will be zero when the equations are x + y = a and x - y = -a.
A set of variables called an equation is one in which two mathematical expressions are equivalent to one another.
Let two linear equations are,
x + y = a
and x - y = b
The sum of the equations,
x + y + x - y = a + b
2x = a + b
x = (a + b)/2
The value of the x should be 0,
(a + b)/2 = 0
a + b = 0
a = - b
To get the sum of linear expressions with only x term, be zero, the coefficient of the linear equations should be equal and with negative sign.
The required linear equations are,
x + y = a
and x - y = -a
To know more about Equation on:
https://brainly.com/question/187506
#SPJ1
How to find multiple missing numbers in a given integer array with duplicates in Java?
The best way to find multiple missing numbers in a given integer array with duplicates in Java is to use a hash set and loop.
First, create a HashSet and add all elements from the array to it. Then, loop from 1 to the maximum element of the array and check if each number is present in the HashSet. If the number is not present, it is a missing number. To explain further, a hash set is an efficient data structure for storing unique elements of a collection, and using a loop to check for missing numbers ensures that all numbers from the array are accounted for.
Learn more about Java here:
https://brainly.com/question/25458754
#SPJ4
Water flow from a faucet into a tank at the rate of 0. 15 liter per minute, and water leak out of the tank at the rate of 0. 27 liter per minute. If there are 4. 8 liter of water in the tank, how long will it take to empty the tank?
The rate of flow for emptying the tank would be 0.15 liter/minute.
The rate at which the water level in the tank is changing is given by the equation:
ΔV/Δt = flow rate in - flow rate out
where ΔV is the change in the volume of water in the tank, Δt is the time interval over which the change occurs, and flow rate in and flow rate out are the rates at which water flows into and out of the tank, respectively.
In this case, the flow rate is 0.15 liter per minute, and the flow rate out is 0.27 liter per minute. The volume of water in the tank is 4.8 liters.
To determine how long it will take to empty the tank, we can set the volume of water in the tank to 0 and solve for the time interval:
0 = flow rate in - flow rate out
flow rate out = flow rate in
0.27 liter/minute = 0.15 liter/minute
Since the equation is not balanced, we cannot determine the time interval. In order to determine the time interval, we need to have information about both the flow rate in and the flow rate out. Without this information, it is not possible to determine how long it will take to empty the tank.
Learn more about water in the tank at
https://brainly.com/question/11898787?referrer=searchResults
#SPJ4
9. a polynomial p(1) has a relative maximum at (-20) a relative minimum at (13) and a relative maximum at (57) and no other critical points. how many zeros does p(x) have
The polynomial p(x) must have at least two zeros.
A polynomial p(x) can have a maximum, minimum, or neither at any given point. The number of zeros of p(x) is equal to the number of positive and negative changes in the sign of the coefficients of the polynomial.
Since p(1) has a relative maximum at (-20), a relative minimum at (13) and a relative maximum at (57), there must be at least two changes in the sign of the coefficients. Therefore, the polynomial p(x) must have at least two zeros.
To determine how many zeros the polynomial has, we will need to calculate the sign of the coefficients at each point. For example, if the coefficient of x2 is positive at x = -20, but negative at x = 13, then we know that the polynomial has one zero between -20 and 13. We can use this method to determine the number of zeros of p(x).
For more questions like Polynomial click the link below:
https://brainly.com/question/26557450
#SPJ4
What is the relationship between the base and height of a parallelogram and its area?
The relationship between a parallelogram's area, base, and height:
Area = Base x height
Explain the meaning of the term parallelogram?A parallelogram is just a flat shape having four parallel, straight sides that are congruent with one another.
Accordingly, a parallelogram is a closed shape, a flat figure, and a quadrilateral.
Therefore, each parallelogram is:
a flying object (two dimensions)a closed form ( interior and exterior)A four-sided shape (4-sided plane shape having straight sides)Different Parallelogram TypesIn such a parallelogram, the length among one side is referred to as the "base," and the length of the perpendicular segment connecting that side to the opposing side is referred to as the "height."
Area = base x height
Thus, a parallelogram's base can be any of its sides. A given parallelogram always has two base-height pairs.
To know more about the parallelogram, here
https://brainly.com/question/970600
#SPJ4
The cash price of a refrigerator is Rs 34 500. The hire purchase price is a deposit of Rs 6500 and 10 % simple interest on the outstanding balance, to be paid in 24 monthly installments. Calculate the amount of each monthly instalment
Answer:
₹1400
Step-by-step explanation:
You want to know the monthly installment when a refrigerator costing ₹34500 is paid for with ₹6500 down and 24 payments that include 10% simple interest.
Balance to be paidThe amount remaining after the ₹6500 down payment is ...
₹34500 -6500 = ₹28000
The amount to be repaid in installments will be this amount with 2 years' finance charge:
₹28000 × (1 +rt) = ₹28000 × (1 +0.10·2) = ₹28000×1.20
= ₹33600
InstallmentsWhen that is divided into 24 equal payments, each monthly installment is ...
₹33600/24 = ₹1400
Each monthly installment is ₹1400.