Eileen wants to borrow $40,000 to buy a new car. She is willing to make monthly payments for 5 years. The Metro Bank offers her a loan of $40,000 for five years; the rate of interest is 6% compounded monthly. If Eileen chooses to borrow the money, a) how much total interest will she pay?
b) how much simple interest will she pay?
c) how much compound interest will she pay?

x=half

step-by-step explanation:

the revenue of the fitness center, y, is the product of two factors: the number of members and the fee paid by each member. there are 320 members now, but number of members goes down by 10 for each $5 increase in fees, so if x is the number of $5 price increases then members is equal to (320 - 10x). since the fee is currently $45, and the fee increases by $5 for every price bump x, the fee is given by (45 + 5x). so, revenue y is given by y = (320 - 10x)(45 + 5x).

step-by-step explanation:

total income = price of one ticket   *   number of tickets sold

  y                 =     4                                   x

so the equation is y=4x     with x≥0   because number of tickets sold can not be negative

thus the equation is a semi -line with an end point at

(0,0)

passing through :

x=1     y=4(1) = 4   so through (1,4)