Answer:
Step-by-step explanation: He add 16 together you are not suppose to add 16 you are suppose to add 5 together so instead of 16 + 16 you do 16+ 5
After you submit your loan application, the lender does an extensive check on your finances and credit record. If everything checks out, the lender will state the exact amount they're willing to loan you. The preapproval is good for a set amount of time, usually 60–90 days.
6+2/3% <--- Given
(6+2/3)/100 <--- Definition of percent
(20/3)/100 <--- Putting the top into an improper fraction
20/300 <--- Dividing the fractions
1/15 <--- Simplifying the fraction
Hope this helps!
