The second option has a lower amount of interest paid.
In order to determine the loan option that minimizes loan payment, the future value of both loan options has to be determined.
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
<em><u>First loan option </u></em>
65000( 1 + 0.063/12)^300 = 312,707.21
<em><u>Second loan option </u></em>
65000( 1 + 0.048/12)^240 = 169,435.51
A similar question was answered here: brainly.com/question/23082103
Answer:
c= -4
Step-by-step explanation:
4+c=0
1)c+4=0: Rearrange the expression
2) c=0-4: Separate the constants and variables
3) c= -4: Add or subtract zero
Hope that helps :)
Answer:
x=-4
Step-by-step explanation:
The two lines are parallel, so the two angles, 45 and x+49 are equal too
Lets make the equation
x+49 = 45
x = 45-49
x = -4
If my answer is incorrect, pls correct me!
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-Chetan K
If I remember correctly, the x-coordinate 3 goes 4 left and the new ordered pair is (-1,-8). Don't take my word for it unless I'm actually right.