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example 4. Loan Repayment. Chapter 4.3. A business property is purchased with a promise to pay off a $60,000 loan plus the $16,500 interest on this loan by making 60 monthly payments of $1275. The amount of money remaining to be paid on the loan plus interest is given by the function
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example 4 Loan Repayment Chapter 4.3 A business property is purchased with a promise to pay off a $60,000 loan plus the $16,500 interest on this loan by making 60 monthly payments of $1275. The amount of money remaining to be paid on the loan plus interest is given by the function where x is the number of months remaining for payments to be made. Find the inverse of this function. Use the inverse to determine how many months remain to make payments if $35,700 remains to be paid. 2009 PBLPathways
A business property is purchased with a promise to pay off a $60,000 loan plus the $16,500 interest on this loan by making 60 monthly payments of $1275. The amount of money remaining to be paid on the loan plus interest is given by the function where x is the number of months remaining for payments to be made. Find the inverse of this function. Use the inverse to determine how many months remain to make payments if $35,700 remains to be paid.
Amount of money remaining to be paid Number of months remaining to be paid Find the inverse of this function. Replace f(x) with y Interchange x and y Solve for y Replace y with f -1(x)
Amount of money remaining to be paid Number of months remaining to be paid Find the inverse of this function. Replace f(x) with y Interchange x and y Solve for y Replace y with f -1(x)
Amount of money remaining to be paid Number of months remaining to be paid Find the inverse of this function. Replace f(x) with y Interchange x and y Solve for y Replace y with f -1(x)
Amount of money remaining to be paid Number of months remaining to be paid Find the inverse of this function. Replace f(x) with y Interchange x and y Solve for y Replace y with f -1(x)
Amount of money remaining to be paid Number of months remaining to be paid Find the inverse of this function. Replace f(x) with y Interchange x and y Solve for y Replace y with f -1(x)
Amount of money remaining to be paid Number of months remaining to be paid Find the inverse of this function. Replace f(x) with y Interchange x and y Solve for y Replace y with f -1(x)
Amount of money remaining to be paid Number of months remaining to be paid Find the inverse of this function. Replace f(x) with y Interchange x and y Solve for y Replace y with f -1(x)
Amount of money remaining to be paid Number of months remaining to be paid Use the inverse to determine how many months remain to make payments if $35,700 remains to be paid. Amount of money remaining to be paid Number of months remaining to be paid
Amount of money remaining to be paid Number of months remaining to be paid Use the inverse to determine how many months remain to make payments if $35,700 remains to be paid. Amount of money remaining to be paid Number of months remaining to be paid
Amount of money remaining to be paid Number of months remaining to be paid Use the inverse to determine how many months remain to make payments if $35,700 remains to be paid. Amount of money remaining to be paid Number of months remaining to be paid