Answer:
6.2%
Step-by-step explanation:
Credit rating is an evaluation of the credit risk of a borrower, that how often a person is going to repay their debt, by credit rating it predicts the ability of the debtor to payback.
Mike has credit rating = 720
Tyler has credit rating = 560
Both are approved for loan. Mike's Credit score is higher, which means he is a much safer debtor as compared to Tyler. Mike will be able to pay back much easily than Tyler. Therefore Mike interest rate is 3.2%
Interest rate of Tyler is higher as he is not that trusted and has low Credit rating. Tyler is approved for a loan that charged 3 percentage points higher because of his inferior credit rating so it interest on the loan will be
Interest = 3.2%+3% = 6.2%
Answer:
4x + 22
Step-by-step explanation:
Multiply the sales by the commission rate and add that to the base salary.
45,000 x 0.04 = 1,800
Total pay = 1800 + 380 = $2,180
Answer:
write quizzes rock cheat and press the first result you get then write the code for the game and it will show all the answers for all the question
Answer:
The law is the Inverse law of Addition/Multiplication
Step-by-step explanation:
. Solving for x, you get 4.
.
. I have attached a graphical representation of the solution as well.
