Float rate_of_pay a declaration for a variable rate_of_pay that can hold values like 11.50 or 12.75.
What is float rate_of_pay?
- In contrast to fixed (or unchangeable) interest rates, floating interest rates change on a regular basis. Companies that offer credit cards and mortgages frequently use floating rates.
- Floating rates follow the market, a benchmark interest rate, an index, or both.
Is a fixed or floating rate preferable?
- In a rising rate environment, banks offer fixed rate loans at a higher rate than variable rate loans in order to profit more from the latter when rates rise.
- Fixed rate loans may have interest rates that are 300–350 basis points higher than floating rate loans.
float rate_of_pay
rate_of_pay = 11.50, 12.75;
Learn more about Float rate_of_pay
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Answer:
x=-4
Step-by-step explanation:
46 = -7x + 18
subtract 18 from each side to get:
28 = -7x
divide each side by -7 to get:
x = -4
Answer:
-4
Step-by-step explanation:
6 - 2x = 3
-2x = 3 + 6
-2x = 8
x= ![\frac{8}{-2}](https://tex.z-dn.net/?f=%5Cfrac%7B8%7D%7B-2%7D)
x= -4
I apologize if this isn't the right answer.