Yes to both, and for future help, if you find a common denominator(the bottom one) by multiplication and one is higher, boom you have your answer.
Answer:
it is actually c.135 days on edge just took the test
Step-by-step explanation:
took the test
Not 100% sure this is right but
60cm^2
907.5 because you multiply 181.5 x 5 which equals 908.5
You are told to ignore the amount of principal paid, so you are apparently to assume the loan amount was for $50 thousand.
a) The old monthly payment was $10.67×50 = $533.50
b) The new monthly payment is $11.72×50 = $586.00
c) The increase in monthly payment is figured in the usual way:
... (new/old -1)×100% = (1.0984-1)×100% = 9.84%
_____
In reality, about 3% of the loan will have been paid at the end of 2 years. Thus, the original loan amount may have been near $51,500. This problem is telling you to ignore the difference.
