![subject](/tpl/images/cats/mat.png)
Mathematics, 22.10.2019 05:00 STAYxALIVE7814
124. nina has just taken out a car loan for $12,000. she will pay an annual interest rate of 3% through a series of monthly payments for 60 months, which she pays at the end of each month. the amount of money she has left to pay on the loan at the end of the n th month can be modeled by the function f(n) = 86248 − 74248(1.0025)n for 0 ≤ n ≤ 60.
at the same time as her first payment (at the end of the first month), nina placed $100 into a separate investment account that earns 6% per year compounded monthly. she placed $100 into the account at the end of each month thereafter. the amount of money in her savings account at the end of the n thmonth can be modeled by the function g(n) = 2(1.005) n − 2 for n≥ 0.
d. what does the intersection point mean in the context of this situation? explain how you know.
![ansver](/tpl/images/cats/User.png)
Answers: 1
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Mathematics
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 19:50
Examine the two-step equation. − 7 4 + x 4 = 2 which property of operations allows you to add the same constant term to both sides? amultiplication property of equality bdivision property of equality caddition property of equality dsubtraction property of equality
Answers: 2
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
You know the right answer?
124. nina has just taken out a car loan for $12,000. she will pay an annual interest rate of 3% thro...
Questions
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 17.07.2019 17:00
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 17.07.2019 17:00
![question](/tpl/images/cats/himiya.png)
Chemistry, 17.07.2019 17:00
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 17.07.2019 17:00
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 17.07.2019 17:00
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 17.07.2019 17:00
![question](/tpl/images/cats/geografiya.png)
Geography, 17.07.2019 17:00
![question](/tpl/images/cats/istoriya.png)
History, 17.07.2019 17:00
![question](/tpl/images/cats/mat.png)
Mathematics, 17.07.2019 17:00
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/ekonomika.png)