Answer: The interest rate can he afford to pay on his | loan =7.5%
Step-by-step explanation:
Given: Principal amount = 375,000
Interest amount per year = $28,125
Interest percentage =
Hence, The interest rate can he afford to pay on his | loan =7.5%
Answer:
$ 929
Step-by-step explanation:
Given: Original price of stay in hotel= $240 per night
Discount= 25%
Total taxes and fee = 29%
Now, finding the price of stay for four night.
Using unitary method to solve:
As we know original price of hotel stay per night is $240
∴ Price of four night stay at original price is
Next, 25% discount given on the price of four night stay.
∴
=
∴Price of four night hotel stay after discount is
Now, 29% taxes and fees been added to the price.
Price of hotel stay after discount + Taxes paid.
=
∴ is the price to be paid for four night stay at hotel after discount and taxes.
