Answer:
The amount will be more by $30000 in the second loan.
Step-by-step explanation:
The loan of $60000 with APR 8% and for 25 years will grow to dollars
So, I have to pay $180000 after 25 years.
Now, if we add $100 per month to this final amount then I have to pay $(180000 + 100 × 25 × 12) = $210000
Therefore, the loan amount will be more by $30000 in the second loan. (Answer)
Answer:
Step-by-step explanation:
We are supposed to write an inequality to determine the number of hot dogs per minute Joey must eat for the last 9 minutes to break his record.
Let d represent the number of hot dogs Joey eats per minute for the next 9 minutes.
We have been given that after 1 minute, Joey has eaten hot dogs.
Hot dogs eaten in next 9 minutes would be 9 times d that is .
Total hot dogs eaten by Joey would be hot dogs eaten in 1 minute plus next 9 minutes: .
Since to break the record Joey needs to eat more than 72 hot dogs. We can represent this information in an inequality as:
Therefore, our required inequality would be .