9/11 = ?/22 a. 12 b. 9 c. 4 d. 18
1 answer:
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Answer:
The amount which she borrow as house loan is $ 48514.56
Step-by-step explanation:
Given as :
The house loan per month afford by Kylie = $1310
The period of loan = 25 Years
The annual rate compounded monthly = 8.4%
Principal = $ P
∵ The per month loan afford amount = $1310
So, The amount afford in 25 years = $1310 × 25 × 12
Or, The amount afford in 25 years = $393,000
<u>Now, from compounded method</u> :
Amount = Principal ×
Or, $393,000 = $ P ×
Or, $393,000 = $ P ×
Or, $393,000 = $ P ×
∴ P = $ 48514.56
Hence The amount which she borrow as house loan is $ 48514.56 Answer
Answer:
The price of the television before taxes is $420
Step-by-step explanation:
* Lets explain how to solve the problem
- The purchased price = cost price + taxes
- A new television set was recently purchased for the common room
in a residence hall for $436.80
- This price including tax
- The tax rate is 4%
- We need to find the price of the television before taxes
* <em>Lets solve the problem</em>
- Assume that the price of the television before tax is 100%
∵ The tax rate is 4%
∵ The price after tax = price before tax + tax
∵ The price before tax = 100%
∴ The price after tax = 100% + 4% = 104%
∵ 104% equivalent to $436.80
∴ 100 ⇒ ?
104 ⇒ 436.80
- <em>By using cross multiplication</em>
∴ ? =
∴ The price of the television before taxes is $420