Hi there
First find the monthly payment of each offer to see which monthly payment is lower
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value
PMT monthly payment
R interest rate
K compounded monthly 12
N time
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Bank F
PMT=16,200÷((1−(1+0.057÷12)^(
−12×8))÷(0.057÷12))
=210.53
Bank G
PMT=16,200÷((1−(1+0.062÷12)^(
−12×7))÷(0.062÷12))
=238.21
From the above the monthly payment of bank f is lower than the bank g
And since the lifetime of bank g is lower than bank f the answer is
b. Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
Good luck!
Answer:
d. The slope of the relationship between firstfloorsquarefootage and price is moresteep for homes near the beach than elsewhere in Tampa.
Step-by-step explanation:
In this regression model, we have a positive slope. This positive slope is indicative of an increase. So to interpret this slope, we would say that the slope of the relationship that exists between the two variables (price and firstfloorsquarefootage) is steeper for the homes that are closer to the beach compared to the ones that are elsewhere. Therefore option D is our answer.
Answer:
6xy^2/5 what im assuming is right
Step-by-step explanation:
Answer:
Step-by-step explanation:
Simplify to get 
Find what 
equals to by taking away 8, 
.
Divide by 2 to find x, 
I’m pretty sure this is right:
