Answer:
It depends.
Step-by-step explanation:
For 6 years:
![50000*(1.04)^6=\$63266](https://tex.z-dn.net/?f=50000%2A%281.04%29%5E6%3D%5C%2463266)
On average, you would have to be profiting:
per year
For 4 years:
![50000*(1.04)^4=\$58492](https://tex.z-dn.net/?f=50000%2A%281.04%29%5E4%3D%5C%2458492)
On average, you would have to be profiting:
per year.
It would be better to have the longer term option - although you will be paying off more in total, you would be paying off a smaller portion of your earnings.
However, you may want to pay off the loan faster as you would no longer have to worry about it, and it would be cheaper to pay off over the shorter period.
No solutions
Explanation: Any number you use, the equation of x + 7 will always be 2 more than x + 5
The answers is A
Explanation ;)
The Answer is False. It is false because on line has a slope of 0 and the other has an undefined slope.
Hope this helps, Good luck!