What is the equation of the line that passes through the point (-2, -2) and has a slope of 4?
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.
Answer:
Marta need to score at least 94 to receive an average of 90 or higher considering all five tests.
Explanation:
Marks received by Marta in four tests = 86, 84, 97 and 89
Let mark received in fifth test be x
We have average of five test is more than or equal to 90
So we have
So Marta need to score at least 94 to receive an average of 90 or higher considering all five tests.