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Fudgin [204]
2 years ago
13

When the ? method , interest is charged only on the balance remaining in your account ?

Mathematics
1 answer:
julia-pushkina [17]2 years ago
5 0
I think the answer is unpaid balance
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50 degrees

Step-by-step explanation:

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Two mechanics worked on a car. The first mechanic worked for 5
ArbitrLikvidat [17]

<u>Answer:</u>

$50 and $115

<u>Step-by-step explanation:</u>

We know that,

the sum of the two rates = $165 per hour

Let x and (165 - x) represent the $/hour of the 15hr and 5hr mechanics respectively.

Then combining their charges together to get:

(x*15)hour+(165-x)*5 hour=1325

Solving for x to get:

15x-5x+825=1325

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8 0
3 years ago
1. Round this number to the nearest hundred.
navik [9.2K]

Answer:

1. 320   2. 580

Step-by-step explanation:

when you round 320, it is 320 because the hundredths place is 0, which is under 5 so the numbers wouldn't change.

When you round 579, the hundredths place is a 9, which is over 5 so you add 1 to seven to get 8.

5 0
3 years ago
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A lender estimates the closing costs on a home loan will be 3% of the loan amount of $180,000. The actual closing costs are list
Anvisha [2.4K]

Based on the information provided, it can be inferred that the lender made an excellent estimate; was equal to actual closing costs (option A)

<h3>How do you know what the lender's estimate was? </h3>

Based on the information provided, the lender estimated that the closing cost is equal to 3% of the $ 180,000 loan. To calculate that value we must do the following operation:

  • $ 180,000 / 100 x 3% = $ 5,400.

Based on the above, the estimated closing cost for that loan is $ 5,400.

<h3>How to know the real cost of closing the loan? </h3>

To know the real cost of the loan closing we must add the following values:

  • Closing Cost Charge Loan origination $ 345
  • Title insurance $ 600
  • Attorney's fees $ 1,350
  • Appraisal $ 480
  • Inspection $ 550
  • Recording fees $ 175
  • Escrow $ 1,900

$ 1,900 + $ 175 +% 550 + $ 480 + $ 1,350 + $ 600 + $ 345 = $ 5,400.

According to the above, the lender made a very precise estimate because his calculation hit the exact value of the closing cost (option A)

Learn more about lender in: brainly.com/question/3268275

3 0
2 years ago
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