Answer:
x = 10
Step-by-step explanation:
Given
+ 13 = 
( multiply through by 10, the LCM of 5 and 2 to clear the fractions )
2x + 130 = 15x ( subtract 2x from both sides )
130 = 13x ( divide both sides by 13 )
10 = x
If you would like to know how many students were in each class, you can calculate this using the following steps:
4 buses<span> * x + 8 students = 220 students</span>
4 * x + 8 = 220
4 * x = 220 - 8
4 * x = 212 /4
x = 212 / 4
x = 53
<span>53 students were in each bus.</span>
Katelyn's balloon payment will be $127, 619.33.
We have PV (present value) of $368, 375 to be paid in 240 months (20 years, indicated by 20/6) with a mortgage at 4.65% (Annual Interest rate) to be converted into monthly interest rate (4.65/12= 0.3875%).
Using the formula:
P(Balloon) = (PV)(1+r)^n - P[((1+r)^n-1)/r)]
Balloon payment is the amount that has a term that is shorter than its amortization.
