2 points
3a. Bart needs to borrow $7,000 from a local bank. He compares the
monthly payments for 9.75% loan for three different periods of time. What
is the monthly payment for a 1-year loan? (Only type in the answer. No
words. Example: $32.50) *** Leave all numbers after the decimal until the
very end!!! Then round to the nearest hundredth place.***
A = P (1 + r)
Your answer

none.

step-by-step explanation:

m

1

=

5

m1=5

b

=

−

1

b=-1

find the slope and y-intercept of the second equation.

tap for more

m

2

=

0

m2=0

b

=

−

6

b=-6

compare the slopes

m

m of the two equations.

m

1

=

5

,

m

2

=

0

m1=5,m2=0

compare the two slopes in the decimal form. if the slopes are equal, then the lines are parallel. if the slopes are not equal, then the lines are not parallel.

m

1

=

5

,

m

2

=

0

m1=5,m2=0

answer: bea's uncle is 25 years old.

step-by-step explanation:

given the equation , we can say that the variable "x" represents the age of bea's uncle. then to find his age, we need to solve for "x":

we must add 15 to both sides of the equation:

now we need to divide both sides of the equation by 3:

therefore, we can conclude that bea's uncle is 25 years old.