Answer one, and it is correct.
Answer:
The lemonade costs 1.4.
Step-by-step explanation:
This question is solved using a system of equations.
I am going to say that:
x is the cost of a cookie.
y is the cost of a lemonade.
Total cost for cookie and lemonade is 1.80.
This means that .
As we want y, we have that
Lemonade costs 1.00 more than the cookie?
This means that:
So
The lemonade costs 1.4.
X/24 = 25/100
100x = 600
100x/100 = 600/100
x = 6
6 students failed the test
I believe this question is referring to purchasing a discount on a loan's interest rate by putting more towards closing costs. For mortgages, sometimes they will allow you to "buy" a smaller interest rate. For example:
<span>Loan A has an interest rate of 4.5% and no closing costs. </span>
<span>Loan B has an interest rate of 4.375%, but has $1000 in closing costs. </span>
<span>Normally, Loan A would be the better choice if you plan on keeping the home short term, but Loan B would be more beneficial for keeping the loan long-term. I don't really care to spend the time that is necessary to come up with an actual scenario, but I hope that helps enough for you to understand the question.</span>