If Mike is willing to pay no more than an effective rate of 8.000% annually, the loans that meet his criteria are loan X and loan Z. Of those two, the lowest would be loan X. I hope the answer will help you :)
Step-by-step explanation:
8x-10=3x+90
=5x=100
=x=20
therefore
B=3(20)+90
150°
1420-1065 = 355 dollars. Lets find out how many percent 355 dollars are of the original prise. We divide them 355/1420= 0,25, we then say 0,25 * 100 = 25%
Answer:
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