(1/2 + 1/3)^-2
(5/6)^-2
(6/5)^2
= 36/25
Answer:yes
Step-by-step explanation:
what do u need help with?
Answer:
b. $30,000
Step-by-step explanation:
According to the banker rule, the minimum annual income needed to borrowed should be maximum of 2.5% of the annual income
Given that
The amount borrowed for purchased of the home is $75,000
So based on the above information, the minimum annual income is


= $30,000
By multiplying the borrowed amount with the given percentage we can get the required minimum annual income and the same is to be shown above
Here is the answer to the given problem above. Given that the business owes $8000 on a loan and every month, it pays 1212. So for the first month, the remaining is 6,788. On the second month is 5,576, and on the third month, it is 4,364. In the fourth month, the remaining would be 3,152, and in the fifth month is 1,940. Therefore, on the sixth month, if the business pays 1,212 still, the remaining would be $728 only. Hope this answer helps.