Given a mortgage of $48,000 for 15 years with a rate of 11%, what are the total finance charges?
2 answers:
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Answer:
0.06 is 10 times as much as 0.006
Step-by-step explanation:
let the number be x
as per the condition 0.06 is 10 times as much as x.
Solve for x:
10 times as much as x represents as
Then;
......[1]
Division property of equality states that you divide the same number to both sides of an equation.
divide by 10 to both sides in equation [1];
Simplify:
x = 0.006
Therefore, 0.06 is 10 times as much as 0.006