The correct option is D, A bigger down payment is money paid toward principal, interest-free, which also decreases the amount paid monthly.
<h3>What is interest?</h3>
The amount of money a lender or financial organization earns for lending out money is known as interest.
We know that monthly payments include the interest on the principal amount that is not been paid during the purchase of an item, if the down payment is more than the principal amount that the customer does not pay will decrease which will decrease the loan amount, thus, the interest on the principal amount will decrease as well.
Now, as the interest and the principal amount have both is been reduced, therefore, the monthly instalment(monthly payment) will be reduced as well.
Hence, the correct option is D, A bigger down payment is money paid toward principal, interest-free, which also decreases the amount paid monthly.
Learn more about Interest:
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We would have the following sample space:
(1, 1), (1, 2), (1, 3), (1, 4)
(2, 1), (2, 2), (2, 3), (2, 4)
(3, 1), (3, 2), (3, 3), (3, 4)
(4, 1), (4, 2), (4, 3), (4, 4)
Those give us these sums:
2, 3, 4, 5
3, 4, 5, 6
4, 5, 6, 7
5, 6, 7, 8
P(sum of 2) = 1/16 =0.0625
P(sum of 3) = 2/16 = 0.125
P(sum of 4) = 3/16 = 0.1875
P(sum of 5) = 4/16 = 0.25
P(sum of 6) = 3/16 = 0.1875
P(sum of 7) = 2/16 = 0.125
P(sum of 8) = 1/16 = 0.0625
The total area of the complete lawn is (100-ft x 200-ft) = 20,000 ft².
One half of the lawn is 10,000 ft². That's the limit that the first man
must be careful not to exceed, lest he blindly mow a couple of blades
more than his partner does, and become the laughing stock of the whole
company when the word gets around. 10,000 ft² ... no mas !
When you think about it ... massage it and roll it around in your
mind's eye, and then soon give up and make yourself a sketch ...
you realize that if he starts along the length of the field, then with
a 2-ft cut, the lengths of the strips he cuts will line up like this:
First lap:
(200 - 0) = 200
(100 - 2) = 98
(200 - 2) = 198
(100 - 4) = 96
Second lap:
(200 - 4) = 196
(100 - 6) = 94
(200 - 6) = 194
(100 - 8) = 92
Third lap:
(200 - 8) = 192
(100 - 10) = 90
(200 - 10) = 190
(100 - 12) = 88
These are the lengths of each strip. They're 2-ft wide, so the area
of each one is (2 x the length).
I expected to be able to see a pattern developing, but my brain cells
are too fatigued and I don't see it. So I'll just keep going for another
lap, then add up all the areas and see how close he is:
Fourth lap:
(200 - 12) = 188
(100 - 14) = 86
(200 - 14) = 186
(100 - 16) = 84
So far, after four laps around the yard, the 16 lengths add up to
2,272-ft, for a total area of 4,544-ft². If I kept this up, I'd need to do
at least four more laps ... probably more, because they're getting smaller
all the time, so each lap contributes less area than the last one did.
Hey ! Maybe that's the key to the approximate pattern !
Each lap around the yard mows a 2-ft strip along the length ... twice ...
and a 2-ft strip along the width ... twice. (Approximately.) So the area
that gets mowed around each lap is (2-ft) x (the perimeter of the rectangle),
(approximately), and then the NEXT lap is a rectangle with 4-ft less length
and 4-ft less width.
So now we have rectangles measuring
(200 x 100), (196 x 96), (192 x 92), (188 x 88), (184 x 84) ... etc.
and the areas of their rectangular strips are
1200-ft², 1168-ft², 1136-ft², 1104-ft², 1072-ft² ... etc.
==> I see that the areas are decreasing by 32-ft² each lap.
So the next few laps are
1040-ft², 1008-ft², 976-ft², 944-ft², 912-ft² ... etc.
How much area do we have now:
After 9 laps, Area = 9,648-ft²
After 10 laps, Area = 10,560-ft².
And there you are ... Somewhere during the 10th lap, he'll need to
stop and call the company surveyor, to come out, measure up, walk
in front of the mower, and put down a yellow chalk-line exactly where
the total becomes 10,000-ft².
There must still be an easier way to do it. For now, however, I'll leave it
there, and go with my answer of: During the 10th lap.
Answer:
2.9 years
Step-by-step explanation:
Answer:
- 321 adult tickets
- 227 child tickets
Step-by-step explanation:
This sort of problem is easily solved by defining a variable to be the quantity of the higher-value contributor. Here, we can let x represent the number of adult tickets. Then total revenue is ...
6.50x +3.50(548-x) = 2881
3x +1918 = 2881 . . . . . . . . . . . . eliminate parentheses, collect terms
3x = 963 . . . . . . . . . . . . . . . . . . subtract 1918
x = 321 . . . . . . . . . . . . . . . . . . . . divide by 3
548-x = 548 -321 = 227 . . . . . .number of child tickets
321 adult tickets and 227 child tickets were sold.