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Varvara68 [4.7K]
3 years ago
8

If a loan option had been available for your food truck for the $50,000 at 4% interest for 6 years instead of 4 would you have t

aken that option instead? Why or why not?
Mathematics
1 answer:
stira [4]3 years ago
6 0

Answer:

It depends.

Step-by-step explanation:

For 6 years:

50000*(1.04)^6=\$63266

On average, you would have to be profiting:

\frac{63266}{6}=\$10544 per year

For 4 years:

50000*(1.04)^4=\$58492

On average, you would have to be profiting:

\frac{58492}{4} = \$14623 per year.

It would be better to have the longer term option - although you will be paying off more in total, you would be paying off a smaller portion of your earnings.

However, you may want to pay off the loan faster as you would no longer have to worry about it, and it would be cheaper to pay off over the shorter period.

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Solve this system of linear equations. Separate
Gelneren [198K]

Answer:

x 2 y -4

Step-by-step explanation:

13x = -54 -20y give it is A

-10x = 60 + 20y give it is B

A + B the sum of the left side of equation is equal to the sum of the right side of equation

13 + (-10x) = -54 -20y + 60 + 20y

3x = 60-54

3x = 6

x=2

so put the x value in A or B equation you can receive y value (B is easier)

y = -4

7 0
3 years ago
When using rational expectations, forecast errors will, on average, be ________ and ________ be predicted ahead of time. A) zero
mafiozo [28]

Answer:

A) zero; cannot

Step-by-step explanation:

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4 0
3 years ago
The equation h=kp describes h, the height of a stack of p pennies. A stack of 15 pennies is 24 millimeters tall. What is the val
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You plug in the values so it would be 24=15k. Divide by 15 on both sides so k=24/15=1.6. :)
8 0
3 years ago
What percent of $90 = $45
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45 is exactly half of 90
that means 45 is 50% of 90.
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3 years ago
The table gives the boiling point of water at different altitudes.
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Slope = raise / run

(211.1 - 212.0) / (0.5-0) = - 1.8

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You can check, the other points. The slope is constant because the function is a linear equation,

Answer: - 1.8
4 0
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