I know this is old question but i'd like to solve it :)
Julianne and Benjamin are financing $113,500 to purchase a house. They obtained a 15/5 balloon mortgage at 4.95%. What will thei
1 answer:
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10 people who build at the same rate can frame a house in 6 days. That means it will take one person days to finish the house.
Which means that it will take 4 people days to finish the house.
So, the fractional part of the house 4 people can frame in 3 days will be
Thus, Option D is the correct answer.