jaylinm872 jaylinm872

13-01-2023
Mathematics

Answered

Daniel takes out a 40-year $150,000 loan from his bank in 2020. The
quadratic equation that approximates the year/loan balance relationship is
y = -120x^2 - 2500x + 80,000, where x is the number of years and y is the
balance. In what year, will his loan balance be $21,480?

Answer :

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