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:
y = -28 ÷ x
Step-by-step explanation:
The standard format of a inversely proportional equation goes by the format of y = k ÷ x. The question asks us to write an equation if y = 7 when x = -4 and y varies inversely with x.
So we substitute the values y = 7 and x = -4 in the equation y = k ÷ x
K = constant, we have to work this out
7 = k ÷ -4
7 × - 4 = k
k = - 4 × 7
k = -28
k = -28 So then we put this back into the original y = k ÷ x to find our final equation which is y = -28 ÷ x
Your answer would be 1, or 72+25.
What is happening in this case is a negative number is being subtracted from a positive. This means you are taking away a negative. The two negatives cancel each other out, and then it becomes you are adding a positive.
Another way I like to think about this is the two minus symbols combine together to form a plus sign.
Hope this helped!
Answer:
x = $3, or x = $11
Step-by-step explanation:
The equation given is 
where
- P(x) is the profit, and
- x is the app price
<u>We want app prices (x's) when profit (P(x)) is 0, so plugging in into the equation:</u>
<em>It means (x-3) = 0 OR (x-11) = 0</em>
So, x = 3, or 11
