Question

The formula 1 = 2yc divided by m(n+1), the c stands for

Answer 1

Without further context, 'c' in the formula cannot be definitively identified, but it may represent the speed of light if related to E=mc^2 or another variable in a different context. The 'm' in the equation, while suggesting slope, denotes something that is not characteristic of a pure mathematical slope calculation.

Step-by-step explanation:

The formula in question seems to be derived from or akin to the physics equation E=mc^2, where E stands for energy, m stands for mass, and c, a constant, is the speed of light. However, in the context of the provided formula 1 = 2yc / m(n+1), without additional information, it is difficult to definitively state what 'c' represents. It could still signify speed of light, a concept from physics, or it could be an arbitrary variable with a different meaning specific to the subject matter at hand.

If 'm' in the equation is understood as the slope when referencing a linear equation from mathematics, then it typically represents the rate of change of the y-coordinate with respect to the x-coordinate. However, within the context of the given formula, m is listed as a denominator alongside another variable and an increment of one, which is not characteristic of a simplistic slope calculation from mathematics. This implies that the formula may be derived from a different context or subject altogether.

Answer 2

Total interest paid.

Step-by-step explanation:

Consider the complete question is,

'The formula I = 2yc divided by m(n+1), the c stands for

• number of months

• total interest

• amount financed

• number of months total'

Since, the true interest rate formula,

`I=(2yc)/(m(n+1))`

Where,

y = payments per year,

c = total interest paid,

m = amount financed,

n = total number of payment,

Thus, Second option is correct.