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kolbaska11 [484]

3 years ago

13

Can someone explain to how change a percent to a fraction is really confused

2 answers:

AveGali [126]3 years ago

8 0

You can change a percent to a fraction by dropping the percent sign and moving the decimal point two places to the left. ex: change 48% into a decimal so it would be .48 another example would be if you have 5.4% change that into a decimal would be .054

stealth61 [152]3 years ago

6 0

For example,
45/100 In decimal would be 0.45
45/1000 in decimal would be 0.045.
I didn't really explain, but I gave an example. Hope this helped you?

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Liz is buying a home for $426,000. She is making a 22% down payment and financing the rest with a 20-year loan at 5.25% interest

olga55 [171]

Answer:

<em><u>$869,776</u></em>

Explanation:

<u>1. Mortgage table</u>

Find attached a sample of a mortgage table per 1,000 dollars borrowed.

You have to use the number in the intersection of the row for 5.25% interest and the column for 20 years.

The number is $6.74.

That means that, for every $1,000 borrowed for 20 years at 5.25% interest you will pay $6.74 every month.

<u>2. Amount borrowed</u>

You will make a 22% down payment:

$22\%\times \$ 426,000=\$ 93,720$

Thus the amount borrowed is $426,000 - $93,720 = $332,280

<u>3. Monthly payment</u>

Multiply the monthly payment per 1,000 by the amount borrowed divided by 1,000:

$\$ 6.74\times 322,280/1,000=\$ 2,239.57$

<u />

<u>4. Total monthly payments:</u>

Multiply the number of payments by the monthly payment.

Number of payments = 20 years × 12 payments /year = 240 payments.

$\$ 2,239.57\times 240=\$ 537,496.13$

<u>5. Total payment for the home.</u>

The total payment for the home will be the down payment plus the amount paid to the bank:

$322,280 + $537,496 = $869,776

6 0

3 years ago

Read 2 more answers

Suppose the length of AD is 10 and the length of DG is twice as long as AD Find The Length Of AG Show Your Work

Licemer1 [7]

The answer is 30; you add the 10 to the 20

7 0

4 years ago

GUYS PLEASE HELP ME ASAP HELP ME HELP ME!!!!!

anygoal [31]

Answer:

44+3x

Step-by-step explanation:

7^2+2^2-5-4+3x

Do exponents

49+4-5-4+3x

Do addition and subtraction from left to right

53-5-4+3x

48-4+3x

44+3x

5 0

3 years ago

Mike is recording his baby sister's weight in pounds and ounces each week. This week she weighs 10 pounds. How many ounces does

ladessa [460]

Answer:

160 ounces

Step-by-step explanation:

In each pound, there are 16 ounces.

Therefore we can do 10*16=160

7 0

3 years ago

Read 2 more answers

suppose you have a job teaching swimming lessons and get paid $9 an hour. you also have a job as a cashier and get paid $7/hr. I

Maslowich

Answer:

B

Step-by-step explanation:

In A, it says that 9s +7c can be lower or equal to 160. This is wrong.

In C, it says that 9s +7c can only be higher than 160, when the question says at least, which means it can also be equal to 160, making it wrong.

In D, it says that 9s +7c can be lower or equal to 20. This is wrong.

Through elimination, only B can be right.

5 0

3 years ago