The answer is 26 because you would look at the seven to see what to round it to and since seven is greater than five, you round the number to 26.
Answer:
![\dfrac{1}{6.25} = \dfrac{t}{25}](https://tex.z-dn.net/?f=%5Cdfrac%7B1%7D%7B6.25%7D%20%3D%20%5Cdfrac%7Bt%7D%7B25%7D)
Step-by-step explanation:
A proportion is setting two ratios to be equal to each other.
You are given the price of 1 ticket, so you can set up a ratio of price to ticket.
$6.25 to 1 ticket, or ![\dfrac{6.25}{1}](https://tex.z-dn.net/?f=%20%5Cdfrac%7B6.25%7D%7B1%7D%20)
The other ratio involves the $25 and the unknown number of tickets, t, $25 can buy.
$25 to t tickets, or ![\dfrac{25}{t}](https://tex.z-dn.net/?f=%20%5Cdfrac%7B25%7D%7Bt%7D%20)
To write a proportion, set the two ratios equal.
![\dfrac{6.25}{1} = \dfrac{25}{t}](https://tex.z-dn.net/?f=%20%5Cdfrac%7B6.25%7D%7B1%7D%20%3D%20%5Cdfrac%7B25%7D%7Bt%7D%20)
This proportion does not appear in the choices.
Take the reciprocal of both sides.
![\dfrac{1}{6.25} = \dfrac{t}{25}](https://tex.z-dn.net/?f=%5Cdfrac%7B1%7D%7B6.25%7D%20%3D%20%5Cdfrac%7Bt%7D%7B25%7D)
0.8/1.2 = 0.6667
1 - 0.6667 = 0.3333
It is 33.33 % off
1 year = 12 months.
30 years x 12 months per year = 360 total months
Multiply total months by monthly payment:
360 months x 1,073.21 per month = $386,355.60 total monthly payments for 30 years.
Now add the down payment to the total monthly amount:
$386,355.60 + $45,000 = $431,355.60
Total amount paid: $431,355.60