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mafiozo [28]
3 years ago
14

You borrow $14,000 with a term of four years at an APR of 9%. Make an amortization table. How much equity have you built up half

way through the term?
Mathematics
1 answer:
Vesnalui [34]3 years ago
8 0

Answer:

.

Step-by-step explanation:

.

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B is the correct answer.

We are adding the border of x thickness to all 4 sides of the table.  This makes the new width of the table 36+x+x = 36+2x and the new length of the table 72+x+x=72+2x.  To find the area, we multiply the length and width:

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Multiplying the binomials, we get:
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Subtract 3006 from both sides:
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-414 + 216x + 4x² = 0

Writing in standard form we have
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The answer is

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