In recent times, with mortgage rates at low levels, financial institutions have had to provide more customer convenience. One of
the innovations offered by Coastal National Bank and Trust is online entry of mortgage applications. Listed below are the times, in minutes, for eight customers to complete the application process for a 15-year fixed-rate mortgage and the times for nine customers to complete an application for a 30-year fixed-rate mortgage.
1 answer:
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Answer:
The cost of the mug is of $6.50.
Step-by-step explanation:
The cost of the mug and r refills is given by the following equation:
Cost of the mug:
The cost of the mug is found when no refills are bought, that is, C when , which is
The cost of the mug is of $6.50.
