Solve for x. Round answer to the nearest tenth. Submit 20 27
1 answer:
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Answer:
First bank = $6792
City bank = $6803
Star bank = $6817
Step-by-step explanation:
The lists of banks and their annual interests rates are attached.
For first bank, since the interest is 7.5%, The total interest = 7.5% of $20000 = 0.075 × $20000 = $1500
For city bank, since the interest is 8.2%, The total interest = 8.2% of $20000 = 0.082 × $20000 = $1640
For Star bank, since the interest is 9%, The total interest = 9% of $20000 = 0.09 × $20000 = $1800
The loan plus interest for the banks annually are:
First bank = $20000 + $1500 = $21500
City bank = $20000 + $1640 = $21640
Star bank = $20000 + $1900 = $21900
The monthly payments for the banks are:
First bank = $21500 / 12 months = $1792
City bank = $21640 / 12 months = $1803
Star bank = $21800 / 12 months = $1817
Since The cost to run the gym each month is $5,000. Ed's total monthly expenses for each loan option = monthly payments + cost for each month. It is calculated as:
First bank = $5000 + $1792 = $6792
City bank = $5000 + $1803 = $6803
Star bank = $5000 + $1817 = $6817
Answer:
26 wins , 14 ties
Step-by-step explanation:
Given: Hockey teams receive points when they win and
point when they tie. One season, a team won a championship with
points. They won
more games than they tied.
To Find: How many wins and how many ties did the team have.
Solution:
let the number of wins hockey team have
let the number of ties hockey team have
Now,
Hockey teams receive points when they win and
point when they tie.
They won more games than they tied
Solving both equations we get
Hence, the hockey team have wins and
ties.