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Answer:
20%
Step-by-step explanation:
Original price = $65
Current price = $52
Discount = $65 - $52
Discount = $13
The percentage discount is calculated as:
Discount/Original price × 100
= $13/$65 × 100
= 20%
The percentage discount for the cost of the book is 20%
Home price is $245,000. There is no down payment mentioned.
I understand 20/4 as amortized over 20 years and balloon payment after 4 years.
Total cost would be = Balloon payment + Total monthly payment
4 years x 12 months = 48 months
Balloon payment = 216,789.79 x 1 mo = 216,789.79
Total monthly payment = 1,727.11 x 47 mos = 81,174.17
Total cost = 216,789.79 + 81,174.17 = 297,963.96
Answer:
y=2
Step-by-step explanation:
1) factor the equation
2) set factors equal to 0