Answer:
6.2%
Step-by-step explanation:
Credit rating is an evaluation of the credit risk of a borrower, that how often a person is going to repay their debt, by credit rating it predicts the ability of the debtor to payback.
Mike has credit rating = 720
Tyler has credit rating = 560
Both are approved for loan. Mike's Credit score is higher, which means he is a much safer debtor as compared to Tyler. Mike will be able to pay back much easily than Tyler. Therefore Mike interest rate is 3.2%
Interest rate of Tyler is higher as he is not that trusted and has low Credit rating. Tyler is approved for a loan that charged 3 percentage points higher because of his inferior credit rating so it interest on the loan will be
Interest = 3.2%+3% = 6.2%
Answer:
y = 200x + 7000
Step-by-step explanation:
950x-750x=200x
27,000-20,000=7000
hope this helps
The answer would be
1/3 * 9 = 3,
3^3 = 3*3*3, which then we multiply:
3*3=9, 9*3=27.
27 is the answer.
Hope this helps and have a nice day:)
Answer:
108 units
Step-by-step explanation:
(6x4x9)divided by 2
Answer:
4x-6
Step-by-step explanation:
Two times 2 equals 4 and 2 times 3 equals 6