Answer:
C.If Tom cannot pay the loan, the bank can demand that he pay the remaining balance of the loan in full.
Step-by-step explanation:
An acceleration clause is a contract provision that allows a lender to require a borrower to repay all of an outstanding loan if certain requirements are not met.
Answer:
numbers ABC sign <u>each</u><u> </u><u> </u><u> </u><u>following</u><u> </u><u> </u><u>find</u><u> </u><u>formula</u><u> </u>
Answer:
- <u><em>The solution to f(x) = s(x) is x = 2012. </em></u>
Explanation:
<u>Rewrite the table and the choices for better understanding:</u>
<em>Enrollment at a Technical School </em>
Year (x) First Year f(x) Second Year s(x)
2009 785 756
2010 740 785
2011 690 710
2012 732 732
2013 781 755
Which of the following statements is true based on the data in the table?
- The solution to f(x) = s(x) is x = 2012.
- The solution to f(x) = s(x) is x = 732.
- The solution to f(x) = s(x) is x = 2011.
- The solution to f(x) = s(x) is x = 710.
<h2>Solution</h2>
The question requires to find which of the options represents the solution to f(x) = s(x).
That means that you must find the year (value of x) for which the two functions, the enrollment the first year, f(x), and the enrollment the second year s(x), are equal.
The table shows that the values of f(x) and s(x) are equal to 732 (students enrolled) in the year 2012,<em> x = 2012. </em>
Thus, the correct choice is the third one:
- The solution to f(x) = s(x) is x = 2012.
Answer:
- Annabella will save $4950.11 after 2 years.
Step-by-step explanation:
<h3>Given</h3>
- Periodic payment P = $200,
- Period t = 2 years,
- Number of compounds, monthly n = 12,
- Interest rate, r = 3.2% = 0.032.
<h3>To find</h3>
- Future value of saving, F
<h3>Solution</h3>
Use periodic compound formula:
Substitute the values and calculate:
rounded
