Answer:
6.2%
Step-by-step explanation:
Credit rating is an evaluation of the credit risk of a borrower, that how often a person is going to repay their debt, by credit rating it predicts the ability of the debtor to payback.
Mike has credit rating = 720
Tyler has credit rating = 560
Both are approved for loan. Mike's Credit score is higher, which means he is a much safer debtor as compared to Tyler. Mike will be able to pay back much easily than Tyler. Therefore Mike interest rate is 3.2%
Interest rate of Tyler is higher as he is not that trusted and has low Credit rating. Tyler is approved for a loan that charged 3 percentage points higher because of his inferior credit rating so it interest on the loan will be
Interest = 3.2%+3% = 6.2%
Answer:
|x + 5|= 7
-7<(x+5)<7
-7<x+5<7
-7-5<x+5-5<7-5
-12 < x <2
Step-by-step explanation:
Answer:
y = - 2x + 6
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m = 
with (x₁, y₁ ) = (1, 4 ) and (x₂, y₂ ) = (2, 2 )
m =
=
= - 2 , then
y = - 2x + c ← is the partial equation
To find c substitute either of the 2 points into the partial equation
Using (2, 2 ) , then
2 = - 4 + c ⇒ c = 2 + 4 = 6
y = - 2x + 6 ← equation of line
Answer:
option (c) 475
Step-by-step explanation:
let the automobile installment credit be 'C'
Given:.
Automobile installment credit accounted for 36 percent of all outstanding consumer installment credit
Now,
57 billion is
of automobile installment credit
or
57 billion =
× C
or
C = 57 × 3
or
C = 171 billion
now,
installment credit accounted = 36% of all outstanding consumer installment credit
or
171 billion = 0.36 × all outstanding consumer installment credit
or
All outstanding consumer installment credit = $475 billion
Hence, the correct answer is option (c) 475
Answer:
d) -2
Step-by-step explanation:
(-1 - 19)/(16 - 6)
-20/10 = -2