Solve the problem.You have just graduated from college and purchased a car for $7,000. Your credit limit is $21,000.Assume that you make no payments and purchase nothing more and that there are no other fees. The monthly interest rate is 15%. Find the y-intercept for the exponential function which represents how much you will owe (represented by y) after x months with no more purchases or payments.
A. (7,000, 0)
B. (0, 21,000)
C. (0, 7,000)
D. (21,000,0)
Answer: C
You might also like to view...
Solve the inequality.512x < 8
A. x < 3
B. x < -3
C. x < - 
D. x < 
Solve the problem.If a satellite is placed in a circular orbit of 440 kilometers above the Earth, what is the equation of the path of the satellite if the origin is placed at the center of the Earth (the diameter of the Earth is approximately 12,740 kilometers)?
A. x2 + y2 = 40,576,900 B. x2 + y2 = 46,376,100 C. x2 + y2 = 173,712,400 D. x2 + y2 = 193,600
Find the expected value.Suppose that 1,000 tickets are sold for a raffle that has the following prizes: one $300 prize, two $100 prizes, and one hundred $1 prizes. What is expected value of a ticket?
A. $300 B. $0.60 C. $1 D. $100
State whether the parabola opens upward or downward.f(x) = x2 + 20
A. Upward B. Downward