Can someone PLEASE answer this and explain I really need help I’ll mark brainliest
1 answer:
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Answer:
No, he is wrong.
Step-by-step explanation:
Since, the total payment of a loan after t years,
Where,
P = present value of the loan,
r = rate per period ,
n = number of periods,
Given,
P = $165,000,
In loan 1 :
r = 3% = 0.03, t = 15 years,
So, the total payment of the loan is,
In loan 2 :
r = 4% = 0.04, t = 30 years,
So, the total payment of the loan is,
Since,
Hence, total amount repaid over the loan will be less for Loan 1.
That is, the friend is wrong.
I have attached the image showing the location of the three schools.
Answer:
Should be built at the centroid of the triangle formed by points A, B and C.
Step-by-step explanation:
From the attached image, we see that if we join the 3 points by a straight line, they will form a triangle.
Now, to get a location that will be roughly the same distance from all 3 schools, it means a point that is equal to each of 3 vertex of the triangle.
The point that is equal to each vertex of a triangle is known as "Centroid".
Now, to find this centroid, we will add up the (x, y) coordinates of the 3 vertex and divide by 3.
For example;let's assume ;A has a coordinate of (x1, y1) ; B has a coordinate of (x2, y2) ; C has a coordinate of (x3, y3).
The coordinates of the centroid will be;
[(x1 + x2 + x3)/3], [(y1 + y2 + y3)/3]
