Answer:
100 miles
Step-by-step explanation:
The national interest rate on houses for 25 years is 4.3%. The banker wishes to test that the local interest rates are lower than the national rate. So he should use the initial data of 4.3% interest as his base data. Then he should investigate the rates of houses in the local vicinities and compare it to his base data.
Answer: (740)((1+0.0065)^132-1)/(0.0065)(1+0.0065)^132
Step-by-step explanation:
A) You divide the previous number in the sequence with 6. (31104/6 = 5184, 5184/6 = 864). Follow this pattern and you can easy find the rest.
b) You divide the previous number by 2. (14/2 = 7, 7/2=7/2)... and so on
