Decimal point should be moved places to the right.
9514 1404 393
Answer:
- to interest: $532.97
- to principal: $54.23
- new balance: $79,891.90
Step-by-step explanation:
The interest is found by multiplying the monthly rate by the balance on the loan. For the first month, the balance is the loan amount.
$79,946.13 × 0.08 ×(1/12) . . . . . one month = 1/12 year
= $532.97
The interest amount in the first payment is $532.97.
__
The amount of the first payment that goes to principal is what is left after the interest is paid:
$587.20 -532.97 = $54.23 . . . amount to principal
__
The new balance is the previous balance less the amount to principal:
$79,946.13 -54.23 = $79,891.90 . . . new balance
Question:
Veronica is choosing between two health clubs. after how many months will the total cost for each health club be the same? yoga studio a: membership: $24.00 monthly fee: 21.50. yoga studio b: membership: $41.00 monthly fee: $17.25
Answer:
It takes 4 years for the total cost of each club to become equal
Step-by-step explanation:
Given:
For yoga studio A:
membership: $24.00
monthly fee: 21.50.
For yoga studio B:
membership: $41.00
monthly fee: $17.25
To Find:
Number of months after which the total cost for each health club be the same = ?
Solution:
Let x be the number of months of membership, and y be equal the total cost.
For Yoga club A
y = 21.50 x + 24
For Yoga club B
y = 17.25 x + 41.00
we know that the prices, y , would be equal, we can set the two equations equal to each other.
21.50 x + 24 =17.25 x+ 41.00
Grouping the like terms,
21.50x - 17.25 x= 41.00
- 24
4.25x=17
x=
x = 4
Average (mean) = (sum of all the data) / (# of data)
sum of all the data = (average)(# of data)
Thus for 100 students with an average of 93,
sum of all data = (93)(100) = 9300
and for 300 students with an average of 75,
sum of all data = (75)(300) = 22500
Therefore you would expect the overall average to be
(9300 + 22500) / (100 + 300) = 79.5 %
Now if there are x # of advanced students and y # of regular students, then
x + y = 90 (total # of students) and 93x + 75y = 87(x + y) (overall average)
The second equation can be simplified to x - 2y = 0
Subtracting the two equations yields
x = 60 and y = 90
Therefore you would need 60 advanced and 30 regular students.
Answer:
x = 11
Step-by-step explanation:
x + 8 = 19 subtract both sides by 8
x = 11
