STEP BY STEP please help me asap please !!!???

STEP BY STEP Please Help Me Asap Please !!!???

Answers

Answer 1

Answer:

(A) 19 times, 16 people.

Step-by-step explanation:

There are 374 people in line and 16 people leave the line without riding, so there are 374 - 16 = <<374-16=358>>358 people who want to ride the Caterpillar.

The Caterpillar seats 18 people, so it must run 358/18 = <<358/18=19.89>>19.89 times to accommodate all the riders.

Since the Caterpillar cannot run a fraction of a time, it must run 19 times.

There are 358 people who want to ride and the Caterpillar can accommodate 19 x 18 = <<19*18=342>>342 of them, so there are 358 - 342 = <<358-342=16>>16 people on the last ride.

Therefore, the Caterpillar runs 19 times and there are 16 people on the last ride, so the answer is (A) 19 times, 16 people.

Tell me if this helped :)

Answer 2
Answer: A………. Have a good day

Related Questions

If using the method of completing the square to solve the quadratic equation x 2 + x + 9 = 0, which number would have to be added to "complete the square"?

Answers

Answer:

Below

Step-by-step explanation:

To complete the square, the coefficient of x^2 must be 1  ( it is already)

   then take 1/2 of the x coefficient  .... 1/2.... square it and add it to both sides of the equation

   x^2 + x + 1/4   + 9   = 1/4

 then you can reduce this to

   ( x+ 1/2)^2  + 9 = 1/4   for further 'solving'

PLEASE HELP URGENT WITH 4 AND 6

Answers

The solution is

a) The compound interest for the second period is $ 2.01 and the amount after the second period is $ 404.01

b) The compound interest for the first period is $ 114.125 and the amount is $ 18,374.125

The compound interest for the second period is $ 114.83828125 and the amount after second period is $ 18,488.96

What is Compound Interest?

Compound interest is interest based on the initial principle plus all prior periods' accumulated interest. The power of compound interest is the ability to generate "interest on interest." Interest can be added at any time, from continuously to daily to annually.

The formula for calculating Compound Interest is

A = P ( 1 + r/n )ⁿᵇ

where A = Final Amount

P = Principal

r = rate of interest

n = number of times interest is applied

b = number of time periods elapsed

Given data ,

a)

Let the principal be P = amount after first period =  $ 402

Now , the rate of interest r = 6 %

The compound interest is calculated by compounding monthly

Now , the interest for the second period = ( PRT / 100 x 12 )

Substituting the values in the equation , we get

The interest for the second period = ( 402 x 6 x 1 ) / 1200

The interest for the second period = $ 2.01

The amount after the second period = amount after first period +  interest for the second period

The amount after the second period = 402 + 2.01

The amount after the second period = $ 404.01

b)

Let the principal be P = $ 18260

The rate of interest r = 2.5 %

The compound interest is calculated by compounding quarterly

Now , the interest for the first period = ( PRT / 4 x 100 )

Substituting the values in the equation , we get

The interest for the first period = ( 18260 x 2.5 ) / 400

The interest for the first period = 45650 / 400

The interest for the first period = $ 114.125

The amount for the first period = 18260 + 114.125

The amount for the first period = $ 18,374.125

Now , the principal for the second period = interest + amount of first period

The principal for the second period = $ 18,374.125

The rate of interest = 2.5 %

The interest for the second period = ( PRT / 4 x 100 )

Substituting the values in the equation , we get

The interest for the second period = ( 18374.125 x 2.5 ) / 400

The interest for the second period = 45935.3125 / 400

The interest for the second period = $ 114.83828125

The amount for the second period = 18,374.125+ 114.84

The amount for the second period = $ 18,488.96

Hence , the amount and interest is calculated

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Hi sorry for the mistake this is the photo I was meant to post and I need help with number 6(iii)

Answers

Answer:

-2

Step-by-step explanation:

Given,

g(x) = f(4)

or, 2 - 4x = 3*4 - 2

or, 2 - 4x = 10

or, 2 - 10 = 4x

or, -8 = 4x

or, x = -2

forty percent (40%) of consumers believe that cash will be obsolete in the next twenty years. assume that 8 consumers are randomly selected. find the probability that:

Answers

The probability that less than three of the chosen consumers think that currency won't be used in 20 years is 0.293.

According to the statement, 40% of consumers think cash will be unnecessary in 20 years. Let us assume that eight consumers are chosen at random.

We need to determine the likelihood that fewer than three of the chosen consumers think currency will be obsolete in 20 years.

We will use the properties of probability distribution in the given scenario.

We know that for randomly selected variable the properties of combination are used.

P(X=1) + P(X=2) = C¹₈ × 40 × 60⁷ + C²₈ × 40² × 60⁶

P(X=1) + P(X=2) = 0.293

Therefore, there is a 0.293 percent chance that fewer than 3 of the chosen customers think that cash will be obsolete in 20 years.

The ratio of likely outcomes to all scenarios that are feasible, to all possible outcomes is called probability.

Normal distributions are crucial to statistics because they are commonly used in the natural and social sciences to describe real-valued random variables with uncertain distributions. They are important in part because of the central limit theorem.

This claim asserts that under certain conditions, the average of many samples (observations) of a random variable without finite mean and variance is itself a random variable, whose distribution converging to either a normal distribution as the number of samples increases.

Disclaimer: The complete question is :

40% of consumers believe that cash will be obsolete in the next 20 years. Assume that only 8 consumers are randomly selected. Find the probability that less than 3 of the selected consumers believe that cash will be obsolete in the next 20 years .

(Round to three decimal places as needed.)

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Ryanne is 14. Her brother's age is three more than half her age. How old is her brother?
OA 7
OB. 8.5
OC. 10
OD. 31
Question

Answers

Answer:

10 years old

Step-by-step explanation:

Find the y intercept y = – 17 x + 12.

Answers

Answer: 12

Step-by-step explanation:

The y-intercept in the equation that is in slope-intercept form is the constant.

In a group of 500 people determine how many are suspects in the following scenario.

A wallet was stolen from an office in a building with 500 employees. The suspect was wearing black pants, a white button-down shirt, and a multicolored tie. In one of the offices in the building, the following data was collected.

30 people total in the office

22 wearing a white button down shirts

16 wearing black pants

7 wearing a multicolored tie

Using the data, how many suspects are there?

Answers

Using the given data, the number of suspects is; 7

How to find the intersection of mathematical sets?

The union of two sets A and B is the set of all those elements which are either in A or in B, and which is denoted as A ∪ B.

However, the intersection of two sets A and B is defined as the set of all elements which are common. The intersection of these two sets is denoted by A ∩ B.

Now, we are told that;

Total number of people in the office = 30 people

Number of people wearing a white button down shirts = 22

Number of people wearing black pants = 16

Number of people wearing a multicolored tie = 7

Thus, by definition of intersection of sets, if the suspect was wearing black pants, a white button-down shirt, and a multicolored tie, then;

The number of suspects =  A ∩ B ∩ C = 7 people

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solve for x.
enter your answer as a mixed number in simplest form in the box.
x =

Answers

Answer:

x + x - x = x

explanation:

give us the actual formula lol

What is 213 divided? Also how do you break 23 into tens and ones?

Answers

Answer:

What is 213 divided? 2 I think

Also how do you break 23 into tens and ones? It would be 2 tens and then it would be 3 ones

Please help! Division of Polynomials, Find the quotient and remainder.

Answers

First:

Quotient: [tex]2x^{2} -11x+58[/tex]

Remainder: [tex]-294[/tex]

Second:

Quotient: [tex]x^{3} -5x^{2} +17x-83[/tex]

Remainder: [tex]422[/tex]

Third:

Quotient: [tex]2x-3[/tex]

Remainder: [tex]12[/tex]

x^4-2x^2-16x-15=0 find the zeros with work please

Answers

ANSWER : -1 , 3 , (-1 - 2i) , (-1 + 2i)

steps

find the zeros JUST MEANS SOLVE FOR X

x⁴-2x²-16x-15=0

break it up

let u = x²

x⁴ = (x²)² = u²

-16x+u²-2u-15=0

hold off on -16x

u²-2u-15=0

what 2 numbers when multiplied give you -15 & when added give you -2?

-5 and 3

(u-5) (u+3)

-16x + (u-5) (u+3) = 0

go back x

-16x + (x²-5) (x²+3) = 0

factor -1 out

( looks horrible so far lol )

-1 ((- x²+ 5) (x²+3) + 16x) = 0

multiply (- x²+ 5) with ( x² + 3 )

-1 (( - x² ( x² + 3 ) + 5 ( x² + 3 ) ) + 16x ) = 0

-1 (( - x² ( x² + 3 ) + 5 ( x² + 3 ) ) + 16x ) = 0

-1 (( - x² ( x² + 3 ) + 5 ( x² + 3 ) ) + 16x ) = 0

-1 (( - x² * x² + -x² * 3 ) + 5x² + 15 ) + 16x ) = 0

-1 (( - x⁴ + -2x² + 15 ) + 16x ) = 0

Which statement can you conclude is true from
the given information?
Given: AB is the perpendicular bisector of IK.
( please help me , answers my questions )

Answers

As AB is the perpendicular bisector of IK so we conclude that the right option is AJ=BJ.

What is perpendicular bisector?

A precise drawing in which a line is split in half by another line that is at a 90-degree angle to the original line is known as a perpendicular bisector. To divide into two equal portions is to bisect. When two lines intersect at a straight angle, they are perpendicular.

What is the perpendicular of two points?

A line that precisely divides a line segment connecting two locations in half at a 90 degree angle is known as a perpendicular bisector. Finding the midpoint and negative reciprocal of two points, then entering these solutions into the equation for a line in slope-intercept form, will get the perpendicular bisector of the two points.

Option J can not be true as A can not be the midpoint of IK as A is not on IK.  Because J is on the IK as AB is the perpendicular bisector of IK, dividing or cutting it i,e IK into two equal segment parts. Hence, J is assumed as the midpoint of IK.

Option H i.e IJ = JK can not be true because AJ does not necessarily equal to BJ.

Option G i.e m∠IAJ  also does not true necessarily true. The reason is simple i.e AJ is arbitrary.

So, Option f i.e AJ = BJ is the correct Answer as AB is the perpendicular bisector of IK, dividing or cutting it i,e IK into two equal segment parts. So it can be assumed that that J is the midpoint as but it doesn't necessarily mean that IJ = JK, also it is true that perpendicular lines meet at 90 degree. Hence, statement F i.e AJ = BJ  is true.

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As AB is the perpendicular bisector of IK so we conclude that the right option is AJ=BJ.

What is perpendicular bisector?

A precise drawing in which a line is split in half by another line that is at a 90-degree angle to the original line is known as a perpendicular bisector. To divide into two equal portions is to bisect. When two lines intersect at a straight angle, they are perpendicular.

What is the perpendicular of two points?

A line that precisely divides a line segment connecting two locations in half at a 90 degree angle is known as a perpendicular bisector. Finding the midpoint and negative reciprocal of two points, then entering these solutions into the equation for a line in slope-intercept form, will get the perpendicular bisector of the two points.

Option J can not be true as A can not be the midpoint of IK as A is not on IK.  Because J is on the IK as AB is the perpendicular bisector of IK, dividing or cutting it i,e IK into two equal segment parts. Hence, J is assumed as the midpoint of IK.

Option H) i.e IJ = JK can not be true because AJ does not necessarily equal to BJ.

Option G)  i.e  m∠IAJ  also does not true necessarily true. The reason is simple i.e AJ is arbitrary.

So, Option f)  i.e AJ = BJ is the correct Answer as AB is the perpendicular bisector of IK, dividing or cutting it i,e IK into two equal segment parts. So it can be assumed that that J is the midpoint as but it doesn't necessarily mean that IJ = JK, also it is true that perpendicular lines meet at 90 degree. Hence, statement F i.e AJ = BJ  is true.

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Write the coordinates of the vertices after a reflection over the line y=-5.

Answers

The coordinates of the vertices after a reflection over the line y = -5 is given as follows:

T'(-2,-5), U'(2,-7), V'(-2,-9), W'(-3,-7).

How to obtain the coordinates of the vertices after the reflection?

The vertices of the original quadrilateral are given as follows:

T(-2,-5), U(2,-3), V(-2,-1), W(-3,-3).

The reflection line y = -5 is an horizontal line, meaning that after the reflection:

The x-coordinate remains constant.The y-coordinate will be equidistant to y = -5, however in an opposite direction.

For example, the distance of the y-coordinate of the vertex U from -2 is of:

2 units above.

Then the y-coordinate of the vertex U' will be also 2 units from -5, just two units below, hence:

U'(2,-7).

Applying this rule for all the other vertices, they will be given as follows:

T'(-2,-5), U'(2,-7), V'(-2,-9), W'(-3,-7).

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If you vertically compress the absolute value parent function, F(x) = |x|, by multiplying by 3/4, what is the equation of the new function?

A. G(x) = | 3/4 x |
B. G(x) = |x| - 3/4
C. G(x) = 3/4 |x|
D. G(x) = | x + 3/4 |

Answers

Answer:G(x) = 3/4 |x|, nevertheless that is the same that G(x) = |3/4x|.

Step-by-step explanation:

Note that given that 3/4 is less than 1 the original function is compressed.

- Take care <3

let g be a polynomial function of x where g(x) = 2x^3 + 5x^2 - 28x - 15 Given (x - 3) is a factor of g, what is the reminder of g(x) + (x - 3)?

Answers

The remainder of polynomial g(x) divides (x - 3) that is  g(x) / (x - 3) is 0.

What is polynomial?

A polynomial is a mathematical expression made up of variables, constants, and exponents that are combined using addition, subtraction, multiplication, and division operations.

Given: g(x) = 2x^3 + 5x^2 - 28x - 15

(x - 3) is a factor of g(x).

We have to find the remainder of g(x) / (x - 3).

Consider,

                 2x^2 + 11x + 5

         [tex]\sqrt[(x-3)]{2x^3+5x^2 -28x -15}[/tex]

          -    2x^3 -6x^2

____________________________

                      11x^2 - 28x

               -      11x^2 - 33x

____________________________

                               5x - 15

                          -    5x - 15

_______________________________

                                      0

Hence, the remainder of polynomial g(x) divides (x - 3) that is

g(x) / (x - 3) is 0.

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Helppppp meeeee guyssss

Answers

24.) anything to 0 is 1
25.) 4•4•4•4•4 = 1024
27.) 1/3^7= 1/2187
29.) 476500
31.) 4.26 x 10^7


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luka is making lemonade to sell at a school fundraiser. his recipe requires 4 times as much water as sugar and twice as much sugar as lemon juice. he uses 3 cups of lemon juice. how many cups of water does he need?

Answers

Luka will require 24 cups of water to make lemonades as calculated from the data given.

The quantity of sugar which he use is twice the amount of lemon which he us ,

= 2 x 3 = 6

and ,

as we know the amount of water is 4 times as much as lemon juice

Therefore, amount of water

= 4 * 6

= 24

A quantity in a Maths equation is a number or variable plus any algebraic combination of additional quantities. In an equation like x + 6 = 15, four values are represented.

A quantity can be described as the amount of something or how much of it there is. Quantity can also be used to refer to the size of something (its magnitude), whether in terms of numbers, units of measurement, or just relative size.

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Word Problems: (please write out the equations and solve it)
1. David is going out for a pizza. The Pizza costs $10.50 plus $1.50 for each extra
topping ,x. Write an equation to represent the total cost of the pizza, t.
Dependent variable:
Independent variable:
Equation:
Use your equation to determine the total cost of the pizza with 3 extra
toppings.
The total cost of the pizza is

Answers

Dependent variable: t (total cost of the pizza)

Independent variable: x (number of extra toppings)

Equation: t = 10.50 + 1.50x

To determine the total cost of the pizza with 3 extra toppings, plug in x = 3 into the equation:

t = 10.50 + 1.50(3)

t = 10.50 + 4.50

t = 15.00

So the total cost of the pizza with 3 extra toppings is $15.00.

What is Dependent Variables?

The dependent variable is the variable that is being measured or studied in a statistical or scientific research study. It is called the dependent variable because it is believed to depend on the value of one or more other variables, known as the independent variables.

What is Independent Variables?

Independent variables are variables that are manipulated or controlled by the researcher in a scientific or statistical study. They are called independent variables because they are believed to have an effect on the dependent variable, which is the variable being measured or studied.

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The following figure was drawn using a straightedge and a compass. Where was the point of the compass located in order to make the arcs?
1. points X and Y
2. point D
3. point C
4. points A and B

Answers

The point of the compass located in order to make the arcs is points X and Y.

Define arc.

An "arc" in mathematics is a straight line that connects two endpoints. An arc is typically one of a circle's parts. In essence, it is a portion of a circle's circumference. A curve contains an arc. A circle contains an arc. For instance, a quarter-circle and a semicircle are both examples of arcs. A minor arc is one that is smaller than half of the circle it is a part of, or less than a semicircle, whereas a major arc is one that is more than half of its circle.

Given

The following figure was drawn using a straightedge and a compass.

The point of the compass located in order to make the arcs:

1. points X and Y

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Solve the equation -3.5(x-14)+9x=5.5x + 49. Which statement is true ?

Answers

Answer:

Step-by-step explanation:

Answer:

-3.5(x-14)+9x=5.5x + 49 is a TRUE statement that equals 0. It has infinite solutions.

Step-by-step explanation:

read the picture plsss

Answers

Answer:

Step-by-step explanation:

Madelyn and Kaia are competing to see who can sell the most tickets for the Winter Dance. On Monday, Madelyn sold 22 and then sold 30 per day after that.
Kaia sold 53 on Monday and then sold 20 per day after that.

Write an equation to represent the number of tickets that Madelyn sold.


Write an equation to represent the number of tickets that Kaia sold.

Write a system of equations. What is the appropriate method for solving the system?

Solve the system of equations. Explain the meaning of your solution.

Answers

The equations found for the number of tickets sold when 22 tickets are sold on Monday and 30 per day after are sold by Madelyn, and 53 tickets are sold on Monday and 20 per day after that are;

Tickets sold by Madelyn is; y = 22 + 30·x

Tickets sold by Kaia is; y = 53 + 20·x

A system of equation obtained from the details in the question can be presented as follows

y = 22 + 30·x...(1)

y = 53 + 20·x...(2)

The appropriate method for solving the system is to equate equivalent values of one of the variable obtained from each equation in the system.

The solution of the system of equation is; x = 3.1, which indicates that it takes about 3.1 days for the number of tickets sold by Madelyn and Kaia to be equivalent.

What is an equation?

An equation consists of two expressions that are joined by the 'equals to' (=) sign.

The number of tickets for the Winter Dance Madelyn sold = 22

Number of tickets per day Madelyn sold after that = 30 per day

Number of tickets Kaia sold on Monday = 53

Number of tickets per day Kaia sold after that = 20 per day

Let x represent the number of days since Monday, and let y represent the number of tickets sold

Therefore;

The number of tickets Madelyn sold, y = 22 + 30·x

The number of tickets Kaia sold, y = 53 + 20·x

The system of equations from the specified information is the equation for the number of tickets Madelyn sold and the number of tickets Kaia sold combined, which can be presented as follows;

y = 22 + 30·x...(1)

y = 53 + 20·x...(2)

The method of solving the equations is by plugging in the value of y from equation (1) in equation (2), as follows;
22 + 30·x = 53 + 20·x

30·x - 20·x = 53 - 22 = 31

10·x = 31

x = 31 ÷ 10 = 3.1

The meaning of the solution of the system of equation, x = 3.1, is that the number of days for the number of tickets sold by Madelyn and Kaia to be the same is about 3 days

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Hello can someone help me out with these two questions!?!?! This will help me a lot thank you! :D

Answers

The solution to the first inequality is x ≥ -2. Option 1 is correct. The solution to the second inequality is x ≤ -7. Option 1 is correct.

What is inequality?

When two expressions are connected by a sign like "not equal to," "greater than," or "less than," it is said to be inequitable. The inequality shows the greater than and less than relation between variables and the numbers.

A number line in elementary mathematics is a representation of a graduated straight line that serves as an abstraction for real numbers, represented by the symbol R." It is assumed that every point on a number line corresponds to a real number and that every real number corresponds to a point.

The inequalities are,

2( x +6 ) > -6( x +1) +2

2x + 12 > -6x - 6 + 2

2x + 6x > -12 - 6 +2

8x > -16

x > -2

-3x - 1 ≥ 20

-3x ≥ 21

x ≥ -7

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what does a z-score tell us about an individual observation in a data set? it is the number of standard deviations an observation is away from the mean. the midpoint of the sorted sample data set the sum of all data values divided by the number of data items. the average. the most frequently occurring data value in the set. none of the above

Answers

A z-score tell us about an individual observation in a data set is, the number of standard deviations an observation is away from the mean.

The value of the z-score tells you how many standard deviations you are away from the mean. If a z-score is equal to 0, it is on the mean. A positive z-score indicates the raw score is higher than the mean average. For example, if a z-score is equal to +1, it is 1 standard deviation above the mean.

A z-score is the value of an observation expressed in standard deviation units. The sign of the score indicates whether it is above (positive) or below (negative) the mean, and the value quantifies how many standard deviations the score is from the mean.

The purpose of z-scores is to identify and describe the exact location of each score in a distribution & to standardize an entire distribution to understand & compare scores from different tests.

Z-scores or Z-statistics represent a statistical technique of measuring the deviation of data from the mean. There are different formula used for Z-score or Z-statistics depending upon what is measured. Z-statistics is generally used with Z-test which is a hypothesis testing statistical technique.

Therefore,

A z-score tell us about an individual observation in a data set is, the number of standard deviations an observation is away from the mean.

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I NEED HELP ON THIS QUESTION!!

Answers

Answer:

B

Step-by-step explanation:

Determine the equation of the line given by the table and compare with given options.

the equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

calculate m using the slope formula

m = [tex]\frac{y_{2}-y_{1} }{x_{2}-x_{1} }[/tex]

with (x₁, y₁ ) = (2, 9) and (x₂, y₂ ) = (7, 19) ← 2 ordered pairs from the table

m = [tex]\frac{19-9}{7-2}[/tex] = [tex]\frac{10}{5}[/tex] = 2 , then

y = 2x + c ← is the partial equation of the line

to find c substitute any ordered pair from the table into the partial equation.

using (6, 17 ), that is x = 6, y = 17 , then

17 = 12 + c ⇒ c = 17 - 12 = 5

y = 2x + 5 ← equation of line from table, with y- intercept c = 5

thus the function with a y- intercept greater than the table line is B

fast as you can. point slope form. algebra 1)

Answers

Answer: Y=mx+b

Step-by-step explanation:

the perimeter of a square is 48 centimeters, what is the area in square centimeters

Answers

Answer:

144cm²

Step-by-step explanation:

If the square is perfectly even on all sides, the you first need to divide 48 by 4, as a square has 4 sides.

48/4 = 12cm

Then, to find the area, you need to multiply 12 by 12.

12 cm x 12 cm = 144cm²

Hope this helps :)

If using the method of completing the square to solve the quadratic equation x 2 + 2 x + 16 = 0

Answers

Answer:

Step-by-step explanation:

[tex]x^{2} +2x+16=0\\x^{2} +2x+1-1+16=0\\(x^{2} +2x+1)-1+16=0\\(x+1)^{2} +15=0\\(x+1)^{2}=-15[/tex]

The solution does not exist because all numbers squared are greater than zero.

Alonso went to the market with \$55$55dollar sign, 55 to buy eggs and sugar. He knows he needs a package of 121212 eggs that costs \$2.75$2.75dollar sign, 2, point, 75. After getting the eggs, he wants to buy as much sugar as he can with his remaining money. The sugar he likes comes in boxes that each cost \$11.50$11.50dollar sign, 11, point, 50

Answers

The number of boxes of sugar that Alonso can buy are 4.5 boxes.

What is a mathematical function, equation and expression?                function : In mathematics, a function from a set X to a set Y assigns to each element of X exactly one element of Y. The set X is called the domain of the function and the set Y is called the codomain of the function.expression : A mathematical expression is made up of terms (constants and variables) separated by mathematical operators.equation : A mathematical equation is used to equate two expressions.

Given is that Alonso went to the market with $55 to buy eggs and sugar. He knows he needs a package of 12 eggs that costs $2.75. After getting the eggs, he wants to buy as much sugar as he can with his remaining money.

The money remaining after buying 12 eggs : {r} = $(55 -2.75).

Cost of one box of sugar = $11.5

The number of boxes that he can buy are -

n = (55 - 2.75)/11.5

n = 4.5 boxes {approx.}

Therefore, the number of boxes of sugar that Alonso can buy are 4.5 boxes.

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n- ? 1) When loan officers speak to people about taking out a loan for a certain principal, P at a certain monthly rate, they always have to balance two quantities, the monthly payment, m] with the number of payments, n] it takes to pay off the loan. These two vary inversely. All of these quantities can be related by the formula: Por 1-(1+r)¯" m= Calculate the monthly payment needed to pay off a $200,000 loan at 4% yearly interest over a 20-year period.. 110​

Answers

[tex]m = \frac{200000.1/3}{1-(2/3)^{-240} }[/tex] is the monthly payment

What is Compound interest?

Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.

According to given question:

Principle Amount (P) = $200, 000

Rate(r) = 4% yearly

Rate(r) = 4/12 % Monthly

Rate(r) = 1/3 % Monthly

Time = 20 years = 240 months

⇒ 240 is the number of payment needed to pay

n = 240

Therefore, the monthly payment needed to pay

⇒         [tex]m = \frac{P.r}{1-(1-r)^{-n} }[/tex]

  ⇒     [tex]m = \frac{200000.1/3}{1-(1-1/3)^{-240} }[/tex]

   ⇒    [tex]m = \frac{200000.1/3}{1-(2/3)^{-240} }[/tex]

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