. Alice purchased a truck for a cash price of $24,900. She made a 15.5% down payment and financed the balance with payments of $395.47 per month for 60 months. Determine the finance charge amount?

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.

answer: 89 x 5

step-by-step explanation:

the transitive property of equality.

step-by-step explanation:

the correct answer is:

the transitive property of equality.

explanation:

we know that  ∠bcd is congruent to  ∠pbc. we also know that  ∠pbc is congruent to  ∠bad.

we can substitute  ∠bad for  ∠pbc in the first angle congruence statement to give us:

∠bcd is congruent to  ∠bad.

algebraically, the transitive property states if a=b and b=c, then a=c. it basically allows us to substitute equal values. since that is what we did, this is the transitive property.

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