116 degrees. It’s simple.
56 is what the low was, but the high was 60 more.
Therefore,
56+60=116
Here are the steps to solve:
1. Combine 5x and 3x Now you have 8x -4 = 10
2. Get x alone by adding 4 (But be fair so you have to do it on both sides)
Now you have 8x = 14
3. Divide both sides by 8
x = 8/14 (Which is 0.57142857)
I have no idea but I want my points too
Given:
Principal = 16,000
interest rate = 6.5%
term = 8 years
Interest = 16,000 * 6.5% * 8 yrs
I = 8,320 interest earned for the whole 8 years
Total = 16,000 + 8,320 = 24,320
Pretermination. 5 years
Interest = 16,000 * 6.5% * 5 yrs
I = 5,200
Total = 16,000 + 5,200 = 21,200
Amount withdrawn = 3,500
penalty = 3,500 * 6.5% * 1 yr = 227.50
New principal = 16,000 - 3,500 = 12,500
Interest = 12,500 * 6.5% * 3 yrs
I = 2,437.50
Interest w/o pretermination = 8,320
Interest w pretermination = 5,200 + 2,437.50 = 7,637.50
Difference = 8,320 - 7,637.50 = $682.50
Orlando earns less money if he had not made his early withdrawal, the value of the amount lost is B.) $682.50
