You have a $3175 student loan. Suppose you pay the loan off in two and a half years (30 months). Estimate your monthly payment by ignoring interest and rounding down the amount owed. (Round your answer to the nearest dollar.)

$106

Step-by-step explanation:

The formula given for Monthly payment of a loan =

P × [ r (1 + r)/(1 + r)^n - 1

Where

r = interest rate

n = number of monthly payments

P = Present value of the loan

From the question,

r = interest rate, we were told to ignore hence, r = 0

P = $3,175

n = 30

Hence,

Amount to be paid monthly = P/n

= $3175/30

= $105.83

Approximately to the nearest dollars

= $106

answer: the is put the 450

step-by-step explanation:

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

step-by-step explanation:

formula

x = x1 + p/w(x2 - x1)

let the line segment ab with a(x1,y1) and b(x2,y2)

a point(x,y) divide ab in the ratio, 2: 3 the x coordinate can be written as

x = x1 + p/w(x2 - x1)

here p=2 and w = 2+3

therefore,

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

similarly y coordinate y = y1 + 2/5(y2 - y1)