Steve is buying an $1160 T. V on the installment plan. He makes a down payments of 200 he has to make monthly payment of 55.25 fo 21/2 years what is his finance charge

Finance charge = $200

Step-by-step explanation:

Cost of the T.V. = $1160

Steve did the down payment = $200

Monthly payment done by Steve = $22.5

Duration for the periodic payments = 2.5 years

Number of periodic payments to be done = 12 × 2.5

                                                                      = 30

Amount paid in periodic payments = Number of periodic payments done × amount paid in each month

= 30 × $55.25

= $1657.5

Total payment done = Down payment + Amount paid in periodic payments

                                  = $200 + $1657.5

                                  = $1857.5

Therefore, finance charges = Total payments done - cost of T.V.

                                              = 1857.5 - 1657.5

                                              = $200

y = 5x + 17

step-by-step explanation:

a perpendicular line will be the opposite reciprocal slope of the given equation.   the slope given is -1/5 so the opposite reciprocal is 5

find b:

7 = 5 (-2) + b

7 = -10 + b

17 = b

write equation

y = 5x + 17

yes

step-by-step explanation:

they have to be opposite and reciprocal of eachother.