6x - 7 = 4x + 7
2x = 14
x = 7
The answer is 7
Given that
starting outstanding balance = $150000
rate of interest = 7.5% per year
so rate of interest for 1 month = (7.5/12)% = 0.635%
outstanding balance before 1st monthly payment = starting outstanding balance + 0.625% of interest on starting outstanding balance
= 150000 + (0.625 /100) × 150000
= 150000 + 937.5 = $150937.5
Reduction = outstanding balance after one month - first monthly payment
Reduction = $150937.5 - 1010.10 = 149927.40
so out of first payment of $1,010.10 , $937.5 goes towards interest and remaining $72.6 goes towards reduction of principal that is 150000 - $72.6 = 149927.40.
so correct option is B that is $149927.40.
Answer:
x=4
y=0
Step-by-step explanation:
Answer:
5
Step-by-step explanation:
The probability of tails is 1/2, so the expected value is (1/2) (10) = 5.
y- intercept = (0, 4), x-intercept = (- 2, 0)
to find the intercepts let x = 0 and y = 0 in the equation
x = 0 → y = 0 + 4 =4 ⇒ y-intercept (0, 4)
y = 0 → 2x + 4 = 0 ⇒ x = - 2 ⇒ x- intercept(- 2, 0)