The options can be rewrited as follow:
A. 5<4
B. 5<5
C. 5<4
D. 4<-5
∴ Answer is none of the above.
Unless perhaps you have written down the question incorrectly.
Answer:
If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Step-by-step explanation:
Here is what the question is asking. If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
14.6666666667
Step-by-step explanation:
2•10=20/1/3=6.66666666667+8 is that but you can write it like 14.6 with _ that on top
There is an infinite number of numbers between 0.33 and 0.34
for example, 0.331, 0.332, 0.3321213323, 0.3333333, 0.3336778, etc.
There should be more to the question.
Answer:
27
Step-by-step explanation:
a + b = 7
a - b = 3
2a = 10
a = 5
b = 7 - 5
b = 2
3⁵ / 3² = 3³ using law of indices
3³ = 27.
