Ratio A is 26/169, and when simplified it is 2/13.
Ratio B is 36/78, and when simplified it is 6/13.
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Answer:
Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.
Monthly loan payment is $400.76 for 60 payments at 7.5%.
Step-by-step explanation:
Calculate:PaymentAmount
?Loan amount:*Enter an amount between $0 and $100,000,000
$20,000
?Monthly payment:
$401
?Interest rate:*Enter an amount between 0% and 25%
7.5%
?Term in months:*Enter an amount between 1 and 480
60
Total interest paid:$4,045.51
Total payments:$24,045.51
2x(2x + 3)
That would be -----------------------
2x^2 + 13x + 15
We should factor the denominator and then reduce the original fraction:
2x(2x + 3) 2x x
----------------------- = ------------- = ---------
(2x + 3)(2)(x+5) 2(x+5) x+5
This is true only for x not equal to -5, not equal to -3/2.
Each school would receive 72 tickets
648 tickets / 9 schools
or
648 / 9 = 72