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Sedaia [141]
2 years ago
15

Miguel wants to buy a condominium. He has the choice of buying it now or renting it with the option to buy at the end of 3 years

. If he buys it now, it will cost him $6,000 to close and his mortgage payment will be $726 per month. If he rents, he must pay a move-in cost of one month's rent and a security deposit of $2,000. Miguel decides to rent because it is the cheapest option over the first 3 years. To the nearest dollar, what is the maximum amount of monthly rent payment he could pay?
a. $670
b. $782
c. $814
d. $837
Mathematics
2 answers:
Alenkasestr [34]2 years ago
8 0

Answer:

c. $814

Step-by-step explanation:

just answered this question right on assignment

kolbaska11 [484]2 years ago
5 0
Total amount paid if he bought = 6000 + 726(12 x 3) = 6000 + 726(36) = 6000 + 26,136 = 32,136
Total amount paid if he rents = 2000 + 37P, where P is the monthly rent

For renting to be cheaper
2000 + 37P < 32,136
37P < 32136 - 2000 = 30136
P < 30136 / 37 = 814.49

Therefore, the maximum rent he could pay is $814
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Answer:

width=16

length=38

Step-by-step explanation:

perimeter of a rectangle=2(length+width)

108/2=length+ width

54=length+ width

54-width=length

also:

length-6= 2×width

length=2width +6

now you can put the length we found, in the second equation:

54-width=2width+6

54-6=2width+width

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now do the exact same thing with one of the equations we created in the beginning.

either this:

54-width=length

or this:

length=2width +6

as the 1st one is simpler, I use that:

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What is the area of a rectangle which has a perimeter of 60 m and a width of 10 m?
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Easton wants to put a variety of donuts in a display case. The case is large enough to hold 100 donuts. Complete the table below
shutvik [7]

The amounts for each donut are given as follows:

  • Strawberry: 15.
  • Chocolate: 45.
  • Sprinkle: 40.

<h3>How to obtain the amounts?</h3>

The amounts for each donut are found applying the proportion, multiplying the decimal equivalent of each percentage by the total number of donuts.

From the problem, the total number of donuts is given as follows:

100 donuts.

The percentages of each type of donuts are given as follows:

  • Strawberry: 15%.
  • Chocolate: 45%.
  • Sprinkle: 40%.

The decimal equivalent of each percentage is given as follows:

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  • Chocolate: 0.45.
  • Sprinkle: 0.4.

Hence the amounts are given as follows:

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  • Chocolate: 45, as 0.45 x 100 = 45.
  • Sprinkle: 40, as 0.4 x 100 = 40.

More can be learned about proportions at brainly.com/question/24372153

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1 year ago
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