Installments Mercedes takes out a loan for $15,000 at a simple interest rate of 4% to be paid back in 48 monthly
installments.
What is the amount of the monthly payments?
Round the answer to the nearest cent if necessary.

x = 23.78

step-by-step explanation:

2/3

step-by-step explanation:

the slope of a line is equal to the rise/run. in this case the line rises 2 units for every +3 units it moves

a 4/6 = 9/12   not proportional

step-by-step explanation:

to find which are not proportional, we can use cross products

if it is true, they are proportional.   if it is not true, they are not proportional.

a 4/6 = 9/12

4* 12 = 6*9

48 = 54

not this is not proportional  

b 2/3 = 12/18  

2* 18 = 3 * 12

36 = 36

this is proportional

c 5/4 = 10/8  

5*8 = 4*10

40 = 40

this is proportional

d 7/5 = 35/25

7*25 = 5 * 35

175 = 175

is proportional