Big Ideas Math A Bridge To Success Algebra 2: Student Edition 2015
Big Ideas Math A Bridge To Success Algebra 2: Student Edition 2015
1st Edition
ISBN: 9781680331165
Author: HOUGHTON MIFFLIN HARCOURT
Publisher: Houghton Mifflin Harcourt
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Chapter 7.4, Problem 51E

(a)

To determine

To Prove: The formula are equivalent.

(a)

Expert Solution
Check Mark

Explanation of Solution

Given:

The given formulas for the monthly payment are,

  M=Pi1(11+i)12tM=Pi(i+1)12t(1+i)12t1

The dollars borrowed to buy the car is P and time to repay the loan is t .

The monthly interest rate is i .

Calculation:

Consider the given formulas are,

  M=Pi1(11+i)12tM=Pi(i+1)12t(1+i)12t1

Consider the first equation is evaluated as,

  M=Pi1(11+i)12t=Pi1112t1+i12t=Pi(1+i12t)(1+i12t)(1112t1+i12t)=Pi(1+i12t)(1+i12t)1

Thus, it is proved that the formula are equivalent.

(b)

To determine

To find: The monthly payment when you borrow $15500 at the monthly interest rate of 0.5% and repay the loan over 4 years.

(b)

Expert Solution
Check Mark

Answer to Problem 51E

Thus, the monthly loan repayment is of $364.02 .

Explanation of Solution

Calculation:

Consider the formula to determine the monthly loan payment as,

  M=Pi(i+1)12t(1+i)12t1

Then, substitute the values to determine the monthly payment as,

  M=(15500)(0.005)(1+0.005)124(1+0.005)1241=77.5(1.005)48(1.005)481364.02

Chapter 7 Solutions

Big Ideas Math A Bridge To Success Algebra 2: Student Edition 2015

Ch. 7.1 - Prob. 11ECh. 7.1 - Prob. 12ECh. 7.1 - Prob. 13ECh. 7.1 - Prob. 14ECh. 7.1 - Prob. 15ECh. 7.1 - Prob. 16ECh. 7.1 - Prob. 17ECh. 7.1 - Prob. 18ECh. 7.1 - Prob. 19ECh. 7.1 - Prob. 20ECh. 7.1 - Prob. 21ECh. 7.1 - Prob. 22ECh. 7.1 - Prob. 23ECh. 7.1 - Prob. 24ECh. 7.1 - Prob. 25ECh. 7.1 - Prob. 26ECh. 7.1 - Prob. 27ECh. 7.1 - Prob. 28ECh. 7.1 - Prob. 29ECh. 7.1 - Prob. 30ECh. 7.1 - Prob. 31ECh. 7.1 - Prob. 32ECh. 7.1 - Prob. 33ECh. 7.1 - Prob. 34ECh. 7.1 - Prob. 35ECh. 7.1 - Prob. 36ECh. 7.1 - Prob. 37ECh. 7.1 - Prob. 38ECh. 7.1 - Prob. 39ECh. 7.2 - Prob. 1ECh. 7.2 - Prob. 2ECh. 7.2 - Prob. 3ECh. 7.2 - Prob. 4ECh. 7.2 - Prob. 5ECh. 7.2 - Prob. 6ECh. 7.2 - Prob. 7ECh. 7.2 - Prob. 8ECh. 7.2 - Prob. 9ECh. 7.2 - Prob. 10ECh. 7.2 - Prob. 11ECh. 7.2 - Prob. 12ECh. 7.2 - Prob. 13ECh. 7.2 - Prob. 14ECh. 7.2 - Prob. 15ECh. 7.2 - Prob. 16ECh. 7.2 - Prob. 17ECh. 7.2 - Prob. 18ECh. 7.2 - Prob. 19ECh. 7.2 - Prob. 20ECh. 7.2 - Prob. 21ECh. 7.2 - Prob. 22ECh. 7.2 - Prob. 23ECh. 7.2 - Prob. 24ECh. 7.2 - Prob. 25ECh. 7.2 - Prob. 26ECh. 7.2 - Prob. 27ECh. 7.2 - Prob. 28ECh. 7.2 - Prob. 29ECh. 7.2 - Prob. 30ECh. 7.2 - Prob. 31ECh. 7.2 - Prob. 32ECh. 7.2 - Prob. 33ECh. 7.2 - Prob. 34ECh. 7.2 - Prob. 35ECh. 7.2 - Prob. 36ECh. 7.2 - Prob. 37ECh. 7.2 - Prob. 38ECh. 7.2 - Prob. 39ECh. 7.2 - Prob. 40ECh. 7.2 - Prob. 41ECh. 7.2 - Prob. 42ECh. 7.2 - Prob. 43ECh. 7.2 - Prob. 44ECh. 7.2 - Prob. 45ECh. 7.2 - Prob. 46ECh. 7.2 - Prob. 47ECh. 7.2 - Prob. 48ECh. 7.2 - Prob. 49ECh. 7.2 - Prob. 50ECh. 7.2 - Prob. 51ECh. 7.2 - Prob. 52ECh. 7.2 - Prob. 53ECh. 7.2 - Prob. 54ECh. 7.2 - Prob. 55ECh. 7.2 - Prob. 56ECh. 7.2 - Prob. 57ECh. 7.2 - Prob. 58ECh. 7.2 - Prob. 59ECh. 7.2 - Prob. 60ECh. 7.2 - Prob. 61ECh. 7.2 - Prob. 62ECh. 7.2 - Prob. 63ECh. 7.2 - Prob. 64ECh. 7.2 - Prob. 65ECh. 7.2 - Prob. 66ECh. 7.2 - Prob. 1QCh. 7.2 - Prob. 2QCh. 7.2 - Prob. 3QCh. 7.2 - Prob. 4QCh. 7.2 - Prob. 5QCh. 7.2 - Prob. 6QCh. 7.2 - Prob. 7QCh. 7.2 - Prob. 8QCh. 7.2 - Prob. 9QCh. 7.2 - Prob. 10QCh. 7.2 - Prob. 11QCh. 7.2 - Prob. 12QCh. 7.2 - Prob. 13QCh. 7.3 - Prob. 1ECh. 7.3 - Prob. 2ECh. 7.3 - Prob. 3ECh. 7.3 - Prob. 4ECh. 7.3 - Prob. 5ECh. 7.3 - Prob. 6ECh. 7.3 - Prob. 7ECh. 7.3 - Prob. 8ECh. 7.3 - Prob. 9ECh. 7.3 - Prob. 10ECh. 7.3 - Prob. 11ECh. 7.3 - Prob. 12ECh. 7.3 - Prob. 13ECh. 7.3 - Prob. 14ECh. 7.3 - Prob. 15ECh. 7.3 - Prob. 16ECh. 7.3 - Prob. 17ECh. 7.3 - Prob. 18ECh. 7.3 - Prob. 19ECh. 7.3 - Prob. 20ECh. 7.3 - Prob. 21ECh. 7.3 - Prob. 22ECh. 7.3 - Prob. 23ECh. 7.3 - Prob. 24ECh. 7.3 - Prob. 25ECh. 7.3 - Prob. 26ECh. 7.3 - Prob. 27ECh. 7.3 - Prob. 28ECh. 7.3 - Prob. 29ECh. 7.3 - Prob. 30ECh. 7.3 - Prob. 31ECh. 7.3 - Prob. 32ECh. 7.3 - Prob. 33ECh. 7.3 - Prob. 34ECh. 7.3 - Prob. 35ECh. 7.3 - Prob. 36ECh. 7.3 - Prob. 37ECh. 7.3 - Prob. 38ECh. 7.3 - Prob. 39ECh. 7.3 - Prob. 40ECh. 7.3 - Prob. 41ECh. 7.3 - Prob. 42ECh. 7.3 - Prob. 43ECh. 7.3 - Prob. 44ECh. 7.3 - Prob. 45ECh. 7.3 - Prob. 46ECh. 7.3 - Prob. 47ECh. 7.3 - Prob. 48ECh. 7.3 - Prob. 49ECh. 7.3 - Prob. 50ECh. 7.3 - Prob. 51ECh. 7.3 - Prob. 52ECh. 7.3 - Prob. 53ECh. 7.3 - Prob. 54ECh. 7.3 - Prob. 55ECh. 7.3 - Prob. 56ECh. 7.3 - Prob. 57ECh. 7.4 - Prob. 1ECh. 7.4 - Prob. 2ECh. 7.4 - Prob. 3ECh. 7.4 - Prob. 4ECh. 7.4 - Prob. 5ECh. 7.4 - Prob. 6ECh. 7.4 - Prob. 7ECh. 7.4 - Prob. 8ECh. 7.4 - Prob. 9ECh. 7.4 - Prob. 10ECh. 7.4 - Prob. 11ECh. 7.4 - Prob. 12ECh. 7.4 - Prob. 13ECh. 7.4 - Prob. 14ECh. 7.4 - Prob. 15ECh. 7.4 - Prob. 16ECh. 7.4 - Prob. 17ECh. 7.4 - Prob. 18ECh. 7.4 - Prob. 19ECh. 7.4 - Prob. 20ECh. 7.4 - Prob. 21ECh. 7.4 - Prob. 22ECh. 7.4 - Prob. 23ECh. 7.4 - Prob. 24ECh. 7.4 - Prob. 25ECh. 7.4 - Prob. 26ECh. 7.4 - Prob. 27ECh. 7.4 - Prob. 28ECh. 7.4 - Prob. 29ECh. 7.4 - Prob. 30ECh. 7.4 - Prob. 31ECh. 7.4 - Prob. 32ECh. 7.4 - Prob. 33ECh. 7.4 - Prob. 34ECh. 7.4 - Prob. 35ECh. 7.4 - Prob. 36ECh. 7.4 - Prob. 37ECh. 7.4 - Prob. 38ECh. 7.4 - Prob. 39ECh. 7.4 - Prob. 40ECh. 7.4 - Prob. 41ECh. 7.4 - Prob. 42ECh. 7.4 - Prob. 43ECh. 7.4 - Prob. 44ECh. 7.4 - Prob. 45ECh. 7.4 - Prob. 46ECh. 7.4 - Prob. 47ECh. 7.4 - Prob. 48ECh. 7.4 - Prob. 49ECh. 7.4 - Prob. 50ECh. 7.4 - Prob. 51ECh. 7.4 - Prob. 52ECh. 7.4 - Prob. 53ECh. 7.4 - Prob. 54ECh. 7.4 - Prob. 55ECh. 7.4 - Prob. 56ECh. 7.4 - Prob. 57ECh. 7.4 - Prob. 58ECh. 7.4 - Prob. 59ECh. 7.4 - Prob. 60ECh. 7.4 - Prob. 61ECh. 7.5 - Prob. 1ECh. 7.5 - Prob. 2ECh. 7.5 - Prob. 3ECh. 7.5 - Prob. 4ECh. 7.5 - Prob. 5ECh. 7.5 - Prob. 6ECh. 7.5 - Prob. 7ECh. 7.5 - Prob. 8ECh. 7.5 - Prob. 9ECh. 7.5 - Prob. 10ECh. 7.5 - Prob. 11ECh. 7.5 - Prob. 12ECh. 7.5 - Prob. 13ECh. 7.5 - Prob. 14ECh. 7.5 - Prob. 15ECh. 7.5 - Prob. 16ECh. 7.5 - Prob. 17ECh. 7.5 - Prob. 18ECh. 7.5 - Prob. 19ECh. 7.5 - Prob. 20ECh. 7.5 - Prob. 21ECh. 7.5 - Prob. 22ECh. 7.5 - Prob. 23ECh. 7.5 - Prob. 24ECh. 7.5 - Prob. 25ECh. 7.5 - Prob. 26ECh. 7.5 - Prob. 27ECh. 7.5 - Prob. 28ECh. 7.5 - Prob. 29ECh. 7.5 - Prob. 30ECh. 7.5 - Prob. 31ECh. 7.5 - Prob. 32ECh. 7.5 - Prob. 33ECh. 7.5 - Prob. 34ECh. 7.5 - Prob. 35ECh. 7.5 - Prob. 36ECh. 7.5 - Prob. 37ECh. 7.5 - Prob. 38ECh. 7.5 - Prob. 39ECh. 7.5 - Prob. 40ECh. 7.5 - Prob. 41ECh. 7.5 - Prob. 42ECh. 7.5 - Prob. 43ECh. 7.5 - Prob. 44ECh. 7.5 - Prob. 45ECh. 7.5 - Prob. 46ECh. 7.5 - Prob. 47ECh. 7.5 - Prob. 48ECh. 7.5 - Prob. 49ECh. 7.5 - Prob. 50ECh. 7.5 - Prob. 51ECh. 7.5 - Prob. 52ECh. 7.5 - Prob. 53ECh. 7.5 - Prob. 54ECh. 7.5 - Prob. 55ECh. 7.5 - Prob. 56ECh. 7.5 - Prob. 57ECh. 7.5 - Prob. 58ECh. 7.5 - Prob. 59ECh. 7.5 - Prob. 60ECh. 7.5 - Prob. 61ECh. 7.5 - Prob. 62ECh. 7.5 - Prob. 63ECh. 7.5 - Prob. 64ECh. 7 - Prob. 1CRCh. 7 - Prob. 2CRCh. 7 - Prob. 3CRCh. 7 - Prob. 4CRCh. 7 - Prob. 5CRCh. 7 - Prob. 6CRCh. 7 - Prob. 7CRCh. 7 - Prob. 8CRCh. 7 - Prob. 9CRCh. 7 - Prob. 10CRCh. 7 - Prob. 11CRCh. 7 - Prob. 12CRCh. 7 - Prob. 13CRCh. 7 - Prob. 14CRCh. 7 - Prob. 15CRCh. 7 - Prob. 16CRCh. 7 - Prob. 17CRCh. 7 - Prob. 18CRCh. 7 - Prob. 19CRCh. 7 - Prob. 20CRCh. 7 - Prob. 21CRCh. 7 - Prob. 22CRCh. 7 - Prob. 23CRCh. 7 - Prob. 24CRCh. 7 - Prob. 25CRCh. 7 - Prob. 26CRCh. 7 - Prob. 27CRCh. 7 - Prob. 28CRCh. 7 - Prob. 29CRCh. 7 - Prob. 30CRCh. 7 - Prob. 31CRCh. 7 - Prob. 1CTCh. 7 - Prob. 2CTCh. 7 - Prob. 3CTCh. 7 - Prob. 4CTCh. 7 - Prob. 5CTCh. 7 - Prob. 6CTCh. 7 - Prob. 7CTCh. 7 - Prob. 8CTCh. 7 - Prob. 9CTCh. 7 - Prob. 10CTCh. 7 - Prob. 11CTCh. 7 - Prob. 12CTCh. 7 - Prob. 13CTCh. 7 - Prob. 14CTCh. 7 - Prob. 1CACh. 7 - Prob. 2CACh. 7 - Prob. 3CACh. 7 - Prob. 4CACh. 7 - Prob. 5CACh. 7 - Prob. 6CACh. 7 - Prob. 7CACh. 7 - Prob. 8CA
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