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german
3 years ago
5

In order to approve a loan, lenders want to see a credit score of at least _____.

Mathematics
2 answers:
KiRa [710]3 years ago
5 0
In order to approve a loan, lender want to see a credit score of at least 700
Alchen [17]3 years ago
3 0

Answer: The answer is (c) 700.

Step-by-step explanation:  We are given four options out of which we are to select the least credit score that lenders wants to see in order to approve a loan.

In our daily life, we take many types of loans for which we need a minimum credit score for approval. We are familiar with the condition that one must have a credit score of 700 or above for approval of any type of loan.

Therefore, the complete statement is

In order to approve a loan, lenders want to see a credit score of at least <u>700</u>.

Thus, the correct option is (c) 700.

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A $16,000 robot depreciates linearly to zero in 10 years. (a) find a formula for its value as a function of time, t, in years.
SVETLANKA909090 [29]

We are given, cost of the robot for 0 number of year = $16,000.

0 represents initial time of the robot.

After 10 year cost of the robot is = $0

The problem is about the number of the years and cost of the robot over different number of years.

So, we could take x coordinate by number of hours and y coordinate for y number of hours.

So, from the problem, we could make two coordinates for the given situation.

(x1,y1) = (0, 16000) and (x2,y2) = (10, 0).

In order to find the function of time, we need to find the rate at which robot rate depreciates each year.

Slope is the rate of change.

So, we need to find the slope of the two coordinates we wrote above.

We know, slope formula

Slope (m) = \frac{y2-y1}{x2-x1}

Plugging values in formula, we get

m=\frac{0-16000}{10-0} = \frac{-16000}{-10} = -1600.

Brecasue of depreciation we got a negative number for slope or rate of change.

Therefore, rate of depreciation is $1600 per year.

We already given inital cost, that is $16,000.

So, we can setup an a function

f(x) = -1600x + 16000.

But the problem is asked to take the variable t for time.

Replacing x by t, we get

f(t) = -1600t + 16000.

8 0
3 years ago
Annalise invested $3,300 in an account paying an interest rate of 2.8% compounded monthly. Assuming
Artist 52 [7]

Answer:

  $4,881.56

Step-by-step explanation:

The future value formula is ...

  FV = P(1 +r/n)^(nt)

where principal P is invested at annual rate r compounded n times per year for t years.

You have P=3300, n=12, r=0.028, t=14, so the future value is ...

  FV = $3300(1 +0.028/12)^(12·14) = $4881.56

There would be $4881.56 in the account after 14 years.

4 0
3 years ago
If the first chapter of a certain book is 16 pages long and makes up 4% of the book, how many pages does the entire book have?
galina1969 [7]
If 16 pages equal to 4%, how many pages will equal to 100%?

4/100 = 16/x
4x=1600
X= 400

So total pages should be 400.
5 0
2 years ago
Fan can clean the garage in 3 hours, but it takes Angie 4 hours to do the same. How long would it take for them to clean the gar
kupik [55]

Answer:

1 5/7 hours.

Step-by-step explanation:

1/3+1/4 = 7/12

1/7/12= 1.714 hrs

6 0
3 years ago
Which ordered pair is a solution of the equation?
liq [111]

Answer:

y=39

Step-by-step explanation:

73-2y=-5

2y=73-(-5)

2y=73+5

2y=78

y=78/2

y=39

6 0
3 years ago
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