nerdywolf2003

20.03.2020 • 

Mathematics

A student takes out a loan of $1 comma 500 at the beginning of each semester (semi-annually) for 13 semesters to pay for college. The loan charges 5.8% interest compounded semiannually. The student graduates after the 13 semesters and refinances the loan to a lower 5.1% rate compounded monthly with monthly payments (made at the end of each month) for 120 months. Find the monthly payment and the total interest paid.

Ответ:

Maxwell2539

04.09.2021

Mathematics

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x = 2

y = 1

Step-by-step explanation:

-2x-3y=-7, y=6x-11

-2x - 3(6x - 11) = -7

-2x - 18x + 33 = -7

-2x - 18x = -40

-20x = -40

x = 2

y = 6(2) - 11

y = 12 - 11

y = 1

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