Answer:
6.2%
Step-by-step explanation:
Credit rating is an evaluation of the credit risk of a borrower, that how often a person is going to repay their debt, by credit rating it predicts the ability of the debtor to payback.
Mike has credit rating = 720
Tyler has credit rating = 560
Both are approved for loan. Mike's Credit score is higher, which means he is a much safer debtor as compared to Tyler. Mike will be able to pay back much easily than Tyler. Therefore Mike interest rate is 3.2%
Interest rate of Tyler is higher as he is not that trusted and has low Credit rating. Tyler is approved for a loan that charged 3 percentage points higher because of his inferior credit rating so it interest on the loan will be
Interest = 3.2%+3% = 6.2%
Answer:
1.2
Step-by-step explanation:
1. First, we have to write an equation with a variable! Given 0.8%, we know that it's equal to (0.8/100), and "of" means to multiply. Therefore, the equation will looks like this:
2. Now, let's solve for x!
Therefore, 0.8% of 150 is 1.2!
Its1. every number/variable that has a power to the zero, its goin to turn out to be just one
Answer:
kya hai mujhye kuchh samajh na aaraha