The last option, 2.
Because the 2 terms have a common denominator, we can add them together on the same fraction. This gives us 2y+4 / y+2. We notice that the left is twice each co-effecient of the right, so after simplifying, we get 2 / 1.
Answer:
The 3-year loan is cheaper overall.
The 3-year loan’s monthly payment would be higher.
The 5-year loan, is more expensive overall.
The 5-year loan’s monthly payment would be lower.
E) 12 minutes
A normal curve has approximately 95% of graph between mean - 2sd and mean + 2sd
So 95% of the times will be between 0 and 12 minutes. 6 - 2x3 to 6 + 2x3
2.5% will take over 12 minutes
Strangely 2.5% will also take less than 0 minutes to process which shows the normal curve is not perfect in this example.