Answer:
6.2%
Step-by-step explanation:
Credit rating is an evaluation of the credit risk of a borrower, that how often a person is going to repay their debt, by credit rating it predicts the ability of the debtor to payback.
Mike has credit rating = 720
Tyler has credit rating = 560
Both are approved for loan. Mike's Credit score is higher, which means he is a much safer debtor as compared to Tyler. Mike will be able to pay back much easily than Tyler. Therefore Mike interest rate is 3.2%
Interest rate of Tyler is higher as he is not that trusted and has low Credit rating. Tyler is approved for a loan that charged 3 percentage points higher because of his inferior credit rating so it interest on the loan will be
Interest = 3.2%+3% = 6.2%
Answer:
1 shaded to 5 unshaded
Step-by-step explanation:
Answer:
5960 pesos
Step-by-step explanation:
We can write a proportion
298 pesos --- $25
x pesos --- $500
x=298*500/25 = 298*20 = 5960 pesos
<span>All the information we have are the probabilities, and what we need is the lowest number: so let's choose the smallest probability among the numbers: 0.0065%, B 0.0037%,C 0.0108%,D 0.0029%, E 0.0145%. The smallest of the numbers is 0.0029% -it starts with two 00s and the number that follows, 2, is smaller than all there others - so the smallest probability is in option D - and the model would be the corresponding model (but we're missing some information here) </span>
Answer:
9. 21
10. 70
11. 64
12. 31
13. 85
14. 31
double check the answer, i didnt use a calculator so might be wrong