Float rate_of_pay a declaration for a variable rate_of_pay that can hold values like 11.50 or 12.75.
What is float rate_of_pay?
- In contrast to fixed (or unchangeable) interest rates, floating interest rates change on a regular basis. Companies that offer credit cards and mortgages frequently use floating rates.
- Floating rates follow the market, a benchmark interest rate, an index, or both.
Is a fixed or floating rate preferable?
- In a rising rate environment, banks offer fixed rate loans at a higher rate than variable rate loans in order to profit more from the latter when rates rise.
- Fixed rate loans may have interest rates that are 300–350 basis points higher than floating rate loans.
float rate_of_pay
rate_of_pay = 11.50, 12.75;
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Answer:
a) 26
b) 26/3
Step-by-step explanation:
a)
1) First, you have to turn 4 1/3 into an improper fraction, so you get 13/3
2) Then you do 13/3 *6/1 =78/3 (so you multiply both numerators and denominators)
3) Lastly, 78/3 can be simplified as 26
b)
1) First you turn both fractions into improper fractions, so you get 13/5 and 10/3
2) Then you do 13/5*10/3 (so you multiply both numerators and denominators)
3) You get 130/15, which can be simplified as 26/3
The required simplified value of B - A = -6.
<h3>What is simplification?</h3>
The process in mathematics to operate and interpret the function to make the function simple or more understandable is called simplifying and the process is called simplification.
Since, line Ax + By = 3 and x + 3y = -5 are parallel than slope of both the line will be same,
m = -1/3 = -A/B
From above
A = B/3 - - - - -(1)
Now line Ax + By = 3 passed through the point (-7, 2). So,
-7A + 2B = 3
from equation 1
-7B/3 + 2B = 3
-B/3 = 3
B = -9
Now put B in equation 1
A = -9 / 3
A = -3
Here,
B - A = -9 + 3 = -6
Thus, the required simplified value of B - A = -6.
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