In general, the dependent variable will be by itself on the left side of the equation. Its value depends upon that of the independent variable embedded in some expression on the right side.
Answer:
If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Step-by-step explanation:
Here is what the question is asking. If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Highest common prime factor is three
Answer:
The region with the highest population density is Binky Lee
The region with the lowest population density is Cheslen
Step-by-step explanation:
we know that
The <u><em>population density</em></u> is the number of people per unit of area
so
Find out the population density for each region
<em>Bear Creek</em>

<em>Binky Lee</em>

<em>Cheslen</em>

<em>Crow's Nest</em>

so
Cheslen < Crow's Nest < Bear Creek < Binky Lee
therefore
The region with the highest population density is Binky Lee
The region with the lowest population density is Cheslen