Answer:
x = 130˚
Step-by-step explanation:
x + 100˚ = 360˚
2 x = 360˚ - 100˚
2 x = 260˚
260˚ ÷ 2 = 130˚
A piggyback mortgage can include any additional mortgage loan beyond a borrower's first mortgage loan that is secured with the same collateral. In short, a piggyback mortgage is when you take out two separate loans for the same home.
Common types of piggyback mortgages include home equity loans and home equity lines of credit.
Answer: k ≥ -1
Step-by-step explanation:
7k - 2 ≥ -9
add two to both sides
7k ≥ -7
k ≥ -1
Answer:
Step-by-step explanation:
Karim Corp. requires a minimum $8,600 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on July 1 is $9,000, and the company has no outstanding loans. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow. Cash receipts Cash payments July $ 24,600 28,900 August $32,600 30,600 September $ 40,600 32,600 Prepare a cash budget for July, August, and September. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.) KARIM CORP. Cash Budget For July, August, and September July August $ 9,000 September Beginning cash balance Total cash available Preliminary cash balance Ending cash balance Loan balance $ 0 Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month
