Please prove that 6+8=10
2 answers:
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Answer:
Hence the pricing for each product will be taronges with 2 euros and mandarins with 2.5 euros.
Step-by-step explanation:
Given:
2 kg of taronges and 3 kg mandarins cost 11.5 euros
3kg taronges and 2 kg mandarins cost 11 euros
To Find:
Price for each product
Solution:
<em>Consider </em>
<em>Taronges =x euros</em>
<em>Mandarins=y euros</em>
So by given condition,
....................equation(1)
and ...........equation (2)
So , using substitution method,
.......equation (3)
Using above value in equation(1) we get ,
)
y=2.5 euros
Using above value in equation(3) we get ,
x=2 euros
Answer:
$132.93
Step-by-step explanation:
We will use annuity formula, which is:
Where P is the loan amount
C is the monthly payment
r is the rate of interest [monthly]
n is the time period [in months]
Firstly, let's calculate her normal monthly payment (without purchasing points):
P is 105,000
C is what we need to find
r is the 0.045/12 = 0.00375
n is 12*30 = 360
Now, we have:
So <u>monthly payment would be around $532.02</u>
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Now,
With each point purchase, the interest rate goes down by 0.25%, so for 2 points it will be 4.5% - 2(0.25) = 4%
Also, since 20% downpayment, the loan amount would be (0.8)(105,000) = 84,000.
Now, putting these values into the annuity formula we have:
The <u>monthly payment would be around $399.09</u>
<u />
The amount that is lower is 532.02 - 399.09 = $132.93